Varenya Softech Private Limited

Varenya Softech Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2014PTC074506 Incorporated 01 April 2014 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2020
₹10.87 Lakh
▼ 22% YoY
Net profit · FY 2020
₹92,516
Net margin 8.5%
EBITDA · FY 2020
₹4.28 Lakh
EBITDA margin 39.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings

About Varenya Softech Private Limited

Data last updated:

Varenya Softech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 01 April 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC074506. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sarpreet Singh Sawhney and Shaik Mohammed Iliyas.

Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Premises No.235 – O/2 Bommasandra Industrial Area Phase III Hosur Road, Bangalore, Karnataka, India – 560999.

As per the financials filed for FY 2020, the company reported a revenue of ₹10.87 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹92,516 (net margin 8.5%) and EBITDA of ₹4.28 Lakh (EBITDA margin 39.4%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 3% over five years.

The company is associated with 1 brand: Varenya Softech. As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 14 cases involving the company, including 14 filed against it; 3 cases are pending.

Varenya Softech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0079790). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72200KA2014PTC074506
Registration Number 074506
Incorporation Date 01 April 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0079790
Key People
Sarpreet Singh Sawhney Director Shaik Mohammed Iliyas Director Pooja Maitreya Director

Recognitions & Rankings of Varenya Softech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-MH-33-0079790

Contact details

Varenya Softech Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Premises No.235 – O/2 Bommasandra Industrial Area Phase III Hosur Road, Bangalore, Karnataka, India – 560999
  • Industry
    Information Technology, Consultancy, Computer Programming

To see the full contact details of Varenya Softech Private Limited, buy the company report.

Comprehensive company report
Varenya Softech 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

Brands

Varenya Softech operates one associated brand: Varenya Softech. Each brand links to its own profile.

BrandDescriptionWebsite
Varenya Softech
Provides AI-powered BPO and KPO services to optimize business processes across sectors.varenyasoftech.com

Business activity

The main business activity of Varenya Softech is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Varenya Softech Private Limited, buy the company report.

Financials of Varenya Softech Private Limited

FY 2020 filings available

Varenya Softech Private Limited reported revenue of ₹10.87 Lakh (down 22% YoY) for FY 2020.

Revenue · FY 2020
₹10.87 Lakh ▼ 22%
Net profit · FY 2020
₹92,516 margin 8.5%
EBITDA · FY 2020
₹4.28 Lakh margin 39.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 42%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 18%
5 years · compounded
▲ 37%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 22% fall in the latest year. EBITDA rose 20% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations₹10.87 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.28 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹92,516
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin39.4%
Net Profit Margin8.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Varenya Softech Private Limited, buy the company report.

Board of directors of Varenya Softech Private Limited

Varenya Softech has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sarpreet Singh Sawhney
Also directs: Varenya Netshield Security Solutions Private Limited
Director17 Nov 20178 Years 11 MonthsCurrent
Shaik Mohammed Iliyas
Also directs: Aishani Textiles Private Limited, Varenya Netshield Security Solutions Private Limited, Aapai Technologies Limited
Director13 Feb 20206 Years 8 MonthsCurrent
Pooja Maitreya
Also directs: Aishani Textiles Private Limited, Varenya Netshield Security Solutions Private Limited
Director15 May 201412 Years 5 MonthsCurrent
View all directors

Shareholding

The shareholding of Varenya Softech Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Varenya Softech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jun 2017100109423Others₹25 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varenya Softech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Varenya Softech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Varenya Softech Private Limited, buy the company report.

Recent activity

Varenya Softech Private Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Shaik Mohammed Iliyas ceased to be Director on 22 Dec 2021.

Ceased
Shaik Mohammed Iliyas ceased to be Director.
Ceased
Mayank Maitreya ceased to be Director.
AGM
Varenya Softech Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Filing
Varenya Softech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Shaik Mohammed Iliyas was appointed as Director.
Ceased
Shashikant ceased to be Director.
Appointed
Sarpreet Singh Sawhney was appointed as Director.
Ceased
Sarpreet Singh Sawhney ceased to be Director.
Ceased
Sandeep Varma ceased to be Director.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100109423 was registered on 05 Jun 2017.
Ceased
Nagendra Kumar Kuthuru ceased to be Director.
Ceased
Soujanya Vemana ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Varenya Softech is an active private limited company based in Bangalore, Karnataka, India. The company works in consultancy, within the information technology industry. It was incorporated on 01 April 2014 (12+ years old) and is registered under CIN U72200KA2014PTC074506.

Varenya Softech has 3 current directors:

The latest financial statements of Varenya Softech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.

No. Varenya Softech has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Varenya Softech is U72200KA2014PTC074506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varenya Softech has 14 court cases on record: 14 filed against it. 3 are pending. Most are in the district courts.

Varenya Softech was incorporated on 01 April 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.

Shaik Mohammed Iliyas ceased to be Director on 22 Dec 2021. Mayank Maitreya ceased to be Director on 04 Jan 2021. Shaik Mohammed Iliyas was appointed as Director on 13 Feb 2020. Varenya Softech has 11 board changes on record in total.

Yes, Varenya Softech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0079790).

The registered office of Varenya Softech is at Premises No.235 – O2 Bommasandra Industrial Area Phase III Hosur Road, Bangalore, Karnataka, India – 560999.