MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0002080
Vareli Tecnac Private Limited - information technology in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹101.71 Cr
▼ 12% YoY
Net profit · FY 2025
₹53.73 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹4.6 Cr
EBITDA margin 4.5%
Authorised capital
₹1.53 Cr
Registered with MCA
Paid-up capital
₹1.52 Cr
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹32.11 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
194
Provident fund records
About Vareli Tecnac Private Limited
Data last updated:
Vareli Tecnac Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1994PTC062117. Its GSTIN is 19AAACV8790P1ZA (West Bengal). The company holds 14 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹1.53 Cr and a paid-up capital of ₹1.52 Cr. It was formerly known as Vareli Trexim Pvt Ltd. It is led by directors including Arun Paul and Rajat Bagrodia.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14/1/B Ezra Street9Th Floor World Trade Centre, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.71 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹53.73 Lakh (net margin 0.5%) and EBITDA of ₹4.6 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 19% over five years.
The company has about 194 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vareli Tecnac. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹32.11 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 3 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.25 Cr; the latest was in September 2024. Its 5 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 2 smaller; the largest is Borqs Technologies India Private Limited with revenue of ₹103.12 Cr.
Vareli Tecnac Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002080). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vareli.co.in.
Company details
CIN U51909WB1994PTC062117
Registration Number 062117
Incorporation Date 07 March 1994
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0002080
Recognitions & Rankings of Vareli Tecnac
Contact details
Vareli Tecnac Private Limited's registered office is in Kolkata, West Bengal. Its website is vareli.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address14/1/B Ezra Street9Th Floor World Trade Centre, Kolkata, West Bengal, India – 700001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Vareli Tecnac Private Limited, buy the company report.
Comprehensive company report
Vareli Tecnac 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
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Brands
Vareli Tecnac operates one associated brand: Vareli Tecnac. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive branding and software development services. | vareli.co.in |
Business activity
The main business activities of Vareli Tecnac are information and communication, support service to organizations and trade. In detail, this covers computer programming, consultancy and related activities, rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and wholesale trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vareli Tecnac Private Limited, buy the company report.
Financials of Vareli Tecnac Private Limited
FY 2025 filings availableVareli Tecnac Private Limited reported revenue of ₹101.71 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹101.71 Cr ▼ 12%
Net profit · FY 2025
₹53.73 Lakh margin 0.5%
EBITDA · FY 2025
₹4.6 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 18%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 4%
5 years · compounded
▲ 6%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 11% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.73 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 4.5% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vareli Tecnac Private Limited, buy the company report.
Board of directors of Vareli Tecnac Private Limited
Vareli Tecnac has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yagnesh Kumar Bagrodia Also directs: Zenvite Tech Private Limited, Vareli Tecsoft Private Limited | Additional Director | 21 Jul 2025 | 1 Years 3 Months | Current |
| Arun Paul Also directs: Primrose Paper Mills Pvt Ltd, Adiganga Properties Private Limited, Negotiun Traders Private Limited and 1 more | Director | 08 Oct 2002 | 24 Years 1 Months | Current |
| Rajat Bagrodia | Director | 10 Jan 2004 | 22 Years 10 Months | Current |
| Dhvani Shah | Director | 21 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Vareli Tecnac Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Borqs Technologies India Private Limited | ₹103.12 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Arcon Techsolutions Private Limited | ₹101.93 Cr (FY 2024) | 45.0% | Mumbai, Maharashtra, India | |||
| Biz2x Platform Private Limited | ₹101.92 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Vareli Tecnac Private Limitedthis company | ₹101.71 Cr (FY 2025) | ₹53.73 Lakh | 0.5% | -12.0% | 194 | Kolkata, West Bengal, India |
| Silver Line IT Solutions Private Limited | ₹101.25 Cr (FY 2024) | 26.0% | Noida, Uttar Pradesh, India | |||
| Syncfusion Software Private Limited | ₹100.6 Cr (FY 2023) | 21.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Vareli Tecnac Private Limited, buy the company report.
Auditor
Vareli Tecnac Private Limited is audited by B. KUMAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. KUMAR & CO | FY 2023 | 306098E |
Shareholding
The shareholding of Vareli Tecnac Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vareli Tecnac Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹32.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2019 | 100247398 | Others | ₹30 Cr | Open | |
| 31 Aug 2016 | 100061401 | Hdfc Bank Limited | ₹14 Cr | Satisfied | |
| 03 Feb 2011 | 10339662 | Corporation Bank | ₹11 Cr | Satisfied | |
| 25 Aug 2008 | 10118064 | Andhra Bank | ₹6 Cr | Satisfied | |
| 19 May 2007 | 10061359 | Andhra Bank | ₹61 Lakh | Satisfied |
To see the full charge records of Vareli Tecnac Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Vareli Tecnac Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.25 Cr; the latest was in September 2024.
Total deals
8
Secondary share transfers
6
Funding rounds
2
Disclosed funding
₹3.25 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Vinod Kumar & Rajat Sageet Bagrodia Huf, 2 individuals Seller: Amrapali Barter Pvt Ltd , Sangeet Vinodrajat Huf, Girikunj Tradelink Pvt.Ltd. |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Minecs Finvest Private Limited Seller: Aristo Mercanti Limited |
| Mar 2016 | Funding round | ₹25.3 Lakh | Investors: Sunman Vincom Pvt Ltd , Hermes Finance Private Limited, 2 individuals |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Primrose Paper Mills Pvt Ltd , Amrapali Barter Pvt Ltd , Girikunj Tradelink Pvt.Ltd. Seller: Stickwell India Private Limited, Chetak Mercantile Pvt Ltd , Fountain Head Mercant Private Limited |
| Feb 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Mahacol Trexim Pvt Ltd , Hermes Finance Private Limited, Songit Kumar Bagrodia Huf, an individual |
To see the full deal history of Vareli Tecnac Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vareli Tecnac Private Limited has 7 court cases on record: 7 filed by Vareli Tecnac. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
7
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 3 | 0 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against In the Matter of : M/S. Future Netwings Solutions Pvt Ltd | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against National Construction and 2 Others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Microsolus Ysstems Software Pvt. Ltd. | Pending |
| High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
To see the full case history of Vareli Tecnac 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.
Credit ratings & regulatory alerts
Vareli Tecnac Private Limited was last rated by Icra on 29 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Apr 2020 |
To see the full credit ratings and regulatory alerts of Vareli Tecnac Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vareli Tecnac Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vareli Tecnac Private Limited has a workforce of 194 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
194
Active EPFO establishments
1
Employee growth
-13.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 194 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Vareli Tecnac Private Limited, buy the company report.
GST
Vareli Tecnac has 14 GST registrations: 11 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
11
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACV8790P1ZA | West Bengal | Active | 01 Jul 2017 |
| 19AAACV8790P2Z9 | West Bengal | Active | 01 Mar 2025 |
| 10AAACV8790P1ZS | Bihar | Active | 01 Jul 2017 |
| 18AAACV8790P1ZC | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vareli Tecnac Private Limited, buy the company report.
Recent activity
Vareli Tecnac Private Limited has 7 board changes on record since 2002: 4 appointments and 3 cessations. The latest: Yagnesh Kumar Bagrodia was appointed as Additional Director on 21 Jul 2025.
AGM
Vareli Tecnac Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Appointed
Yagnesh Kumar Bagrodia was appointed as Additional Director.
Ceased
Arun Paul ceased to be Director.
Filing
Vareli Tecnac Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Others of Rs. 30.00 Cr registered on 31 Jan 2019 with Charge ID 100247398 was modified on 24 Feb 2025.
Charges
A charge registered on 31 Aug 2016 via Charge ID 100061401 with Hdfc Bank Limited was fully satisfied on 11 Nov 2019.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100247398 was registered on 31 Jan 2019.
Charges
A charge registered on 03 Feb 2011 via Charge ID 10339662 with Corporation Bank was fully satisfied on 29 Aug 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 14.00 Cr registered on 31 Aug 2016 with Charge ID 100061401 was modified on 18 Jan 2018.
Ceased
Dhvani Shah ceased to be Additional Director.
Appointed
Dhvani Shah was appointed as Director.
Ceased
Dipak Sengupta ceased to be Director.
13 earlier events are in the company report.
Frequently asked questions
Vareli Tecnac is an active private limited company based in Kolkata, West Bengal, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 March 1994 (32+ years old) and is registered under CIN U51909WB1994PTC062117.
Vareli Tecnac has 4 current directors:
- Yagnesh Kumar Bagrodia - Additional Director
- Arun Paul - Director
- Rajat Bagrodia - Director
- Dhvani Shah - Director
The latest financial statements of Vareli Tecnac on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vareli Tecnac is 19AAACV8790P1ZA, registered in West Bengal. The company has 14 GST registrations in all, of which 11 are active and 3 are cancelled or inactive. Other active GSTINs include 19AAACV8790P2Z9 (West Bengal), 10AAACV8790P1ZS (Bihar), 18AAACV8790P1ZC (Assam).
The CIN (Corporate Identification Number) of Vareli Tecnac is U51909WB1994PTC062117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vareli Tecnac has 7 court cases on record: 7 filed by the company. 3 are pending. Most are in the high courts.
Vareli Tecnac was incorporated on 07 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Vareli Tecnac has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.25 Cr; the latest was in September 2024.
The peers of Vareli Tecnac by revenue are Borqs Technologies India Private Limited, Arcon Techsolutions Private Limited, Biz2x Platform Private Limited, Silver Line IT Solutions Private Limited, Syncfusion Software Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Yagnesh Kumar Bagrodia was appointed as Additional Director on 21 Jul 2025. Arun Paul ceased to be Director on 20 Jul 2025. Dhvani Shah ceased to be Additional Director on 26 Sep 2017. Vareli Tecnac has 7 board changes on record in total.
Yes, Vareli Tecnac is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0002080).
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