MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-56-0009686
Vardan Associates Private Limited - energy and power in Meerut, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.86 Cr
▼ 88% YoY
Net loss · FY 2025
₹4.21 Cr
Net margin -109%
EBITDA · FY 2025
-₹1.45 Cr
EBITDA margin -37.6%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹25.01 Cr
Satisfied ₹9.91 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
10
Provident fund records
About Vardan Associates Private Limited
Data last updated:
Vardan Associates Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 17 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U64100UP2010PTC144111. Its GSTIN is 09AADCV3241Q1ZU (Uttar Pradesh). The company holds 15 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹15 Lakh. It was formerly known as Vardan Telecom Private Limited. It is led by directors Rakesh Tyagi Kumar and Sachin Kumar Tyagi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 7 Associates Plaza I.Block Shastri Nagar, Meerut, Uttar Pradesh, India – 250004.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.86 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹4.21 Cr (net margin -109%) and EBITDA of -₹1.45 Cr (EBITDA margin -37.6%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 31% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.01 Cr and satisfied charges of ₹9.91 Cr on record. Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it; 2 cases are pending.
Vardan Associates Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-56-0009686). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vapl.co.in.
Company details
CIN U64100UP2010PTC144111
Registration Number 144111
Incorporation Date 17 June 2010
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-56-0009686
CIN history
Vardan Associates has one previous CIN (Corporate Identification Number): U64100DL2010PTC204216. The current CIN is U64100UP2010PTC144111, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64100UP2010PTC144111 | Current |
| U64100DL2010PTC204216 | Previous |
Recognitions & Rankings of Vardan Associates
Contact details
Vardan Associates Private Limited's registered office is in Meerut, Uttar Pradesh. Its website is vapl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 7 Associates Plaza I.Block Shastri Nagar, Meerut, Uttar Pradesh, India – 250004
- IndustryEnergy and Power, Oil & Gas Infrastructure Services
To see the full contact details of Vardan Associates Private Limited, buy the company report.
Comprehensive company report
Vardan Associates Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Vardan Associates is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Vardan Associates Private Limited, buy the company report.
Financials of Vardan Associates Private Limited
FY 2024 filings availableVardan Associates Private Limited reported revenue of ₹3.86 Cr (down 88% YoY) for FY 2025.
Revenue · FY 2025
₹3.86 Cr ▼ 88%
Net loss · FY 2025
₹4.21 Cr margin -109%
EBITDA · FY 2025
-₹1.45 Cr margin -37.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 47%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▼ 126%
3 years · compounded
▼ 33%
5 years · compounded
▼ 20%
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 88% fall in the latest year. EBITDA fell 126% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.21 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.6% | ||||
| Net Profit Margin | -109% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vardan Associates Private Limited, buy the company report.
Board of directors of Vardan Associates Private Limited
Vardan Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Tyagi Kumar | Director | 17 Jun 2010 | 16 Years 4 Months | Current |
| Sachin Kumar Tyagi | Director | 17 Jun 2010 | 16 Years 4 Months | Current |
Peer comparison
Vardan Associates Private Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Infrastructure Services, Telecom Infrastructure), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rodi Projects Private Limited | ₹3.99 Cr (FY 2023) | 7.0% | Hyderabad, Telangana, India | |||
| Padmavati Green Energy and Ventures Private Limited | ₹3.96 Cr (FY 2024) | 122.0% | Ahmedabad, Gujarat, India | |||
| Vardan Associates Private Limitedthis company | ₹3.86 Cr (FY 2025) | -₹4.21 Cr | -109% | -88.0% | 10 | Meerut, Uttar Pradesh, India |
| Samtech Infrastructures Private Limited | ₹3.78 Cr (FY 2025) | 39.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Vardan Associates Private Limited, buy the company report.
Auditor
Vardan Associates Private Limited is audited by DEEPAKKARTIKEYA&CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAKKARTIKEYA&CO. | FY 2023 | 011379C |
Shareholding
The shareholding of Vardan Associates Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vardan Associates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.01 Cr
Satisfied charges
₹9.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2020 | 100376321 | Others | ₹2.31 Cr | Open | |
| 10 Aug 2020 | 100363357 | Others | ₹34.85 Lakh | Open | |
| 10 Aug 2020 | 100363360 | Others | ₹51.84 Lakh | Open | |
| 19 Oct 2019 | 100297384 | Bank of India | ₹24.95 Lakh | Open | |
| 01 Aug 2019 | 100283729 | Bank of India | ₹8.11 Lakh | Open |
To see the full charge records of Vardan Associates Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Vardan Associates Private Limited has 19 court cases on record: 9 filed by Vardan Associates, 10 filed against it. 2 cases are pending and 17 are disposed.
Total cases
19
Filed by the company
9
Filed against the company
10
Pending
2
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
| High courts | 8 | 2 | 0 |
| Supreme Court | 2 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Limited | Pending |
| High Court, Assam | Appeal | Filed against the company by Numaligarh Refinery Ltd | Disposed |
| High Court, Assam | Interim or miscellaneous application | Filed against the company by Numaligarh Refinery Limited | Disposed |
| High Court, Assam | Interim or miscellaneous application | Filed by the company against Numaligarh Refinery Limited and Others and 7 others | Disposed |
| High Court, Assam | Writ petition | Filed by the company against Numaligarh Refinery Limited and 7 Ors and 7 others | Disposed |
To see the full case history of Vardan Associates Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vardan Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vardan Associates Private Limited has a workforce of 10 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
11.11%
GST
Vardan Associates has 15 GST registrations: 4 active and 11 cancelled or inactive.
Total GSTINs
15
Active
4
Cancelled / inactive
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCV3241Q1ZU | Uttar Pradesh | Active | 01 Jul 2017 |
| 29AADCV3241Q1ZS | Karnataka | Active | 27 Mar 2018 |
| 19AADCV3241Q1ZT | West Bengal | Active | 14 Jul 2018 |
| 18AADCV3241Q1ZV | Assam | Active | 28 Mar 2022 |
To see the full GST registrations and return filing status of Vardan Associates Private Limited, buy the company report.
Recent activity
Vardan Associates Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Aswani Kumar Tyagi ceased to be Director on 01 May 2018.
AGM
Vardan Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vardan Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Bank Of India of Rs. 21.50 Cr registered on 29 May 2013 with Charge ID 10429919 was modified on 02 Mar 2023.
Charges
A charge registered on 09 May 2018 via Charge ID 100192087 with Others was fully satisfied on 27 Dec 2022.
Charges
A charge registered on 19 Dec 2015 via Charge ID 10611888 with Bank Of India was fully satisfied on 01 Jul 2022.
Charges
A charge registered on 15 Apr 2018 via Charge ID 100179352 with Others was fully satisfied on 04 Feb 2022.
Charges
A charge registered on 10 Mar 2017 via Charge ID 100140170 with Others was fully satisfied on 26 Oct 2020.
Charges
A charge with Others amounted to Rs. 2.31 Cr with Charge ID 100376321 was registered on 19 Sep 2020.
Charges
A charge registered on 31 May 2017 via Charge ID 100106341 with Others was fully satisfied on 18 Aug 2020.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100363357 was registered on 10 Aug 2020.
Charges
A charge with Others amounted to Rs. 0.52 Cr with Charge ID 100363360 was registered on 10 Aug 2020.
Charges
A charge registered on 29 Oct 2016 via Charge ID 100095843 with Others was fully satisfied on 30 Jun 2020.
14 earlier events are in the company report.
Frequently asked questions
Vardan Associates is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 17 June 2010 (16+ years old) and is registered under CIN U64100UP2010PTC144111.
Vardan Associates has 2 current directors:
- Rakesh Tyagi Kumar - Director
- Sachin Kumar Tyagi - Director
The latest financial statements of Vardan Associates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vardan Associates is 09AADCV3241Q1ZU, registered in Uttar Pradesh. The company has 15 GST registrations in all, of which 4 are active and 11 are cancelled or inactive. Other active GSTINs include 29AADCV3241Q1ZS (Karnataka), 19AADCV3241Q1ZT (West Bengal), 18AADCV3241Q1ZV (Assam).
The CIN (Corporate Identification Number) of Vardan Associates is U64100UP2010PTC144111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardan Associates has 19 court cases on record: 9 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.
Vardan Associates was incorporated on 17 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Vardan Associates by revenue are Rodi Projects Private Limited, Padmavati Green Energy and Ventures Private Limited, Samtech Infrastructures Private Limited, all in the Telecom industry (Infrastructure Services, Telecom Infrastructure), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Aswani Kumar Tyagi ceased to be Director on 01 May 2018. Aswani Kumar Tyagi was appointed as Director on 15 Sep 2015. Rakesh Tyagi Kumar was appointed as Director on 17 Jun 2010. Vardan Associates has 4 board changes on record in total.
Yes, Vardan Associates is registered as a small enterprise under Udyam registration (number: UDYAM-UP-56-0009686).
Vardan Associates can be reached through the website vapl.co.in. Its registered office is in Meerut, Uttar Pradesh, India.