Varenyo Technology Private Limited
About Varenyo Technology Private Limited
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Varenyo Technology Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2021PTC058465.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lalita Bhatt and Nitesh Solanki.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 620 Sneh Nagar Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.09 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹85,990 (net margin 4.5%) and EBITDA of ₹1.84 Lakh (EBITDA margin 9.7%).
Company details
Contact details
Varenyo Technology Private Limited's registered office is in Indore, Madhya Pradesh.
- Registered Address620 Sneh Nagar Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business activity
The main business activity of Varenyo Technology is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Varenyo Technology Private Limited, buy the company report.
Financials of Varenyo Technology Private Limited
FY 2025 filings availableVarenyo Technology Private Limited reported revenue of ₹19.09 Lakh (down 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. EBITDA fell 86% 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 |
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| EBITDA | ₹1.84 Lakh | |||
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| Net Profit (PAT) | ₹85,990 | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 9.7% | |||
| Net Profit Margin | 4.5% | |||
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To see the full financial statements and ratios of Varenyo Technology Private Limited, buy the company report.
Board of directors of Varenyo Technology Private Limited
Varenyo Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Solanki | Additional Director | 08 Oct 2022 | 4 Years 0 Months | Current |
| Lalita Bhatt | Director | 17 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Varenyo Technology Private Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| New Ibest Ipr Private Limited | ₹19.1 Lakh (FY 2025) | -21.0% | Pune, Maharashtra, India | |||
| CG Foundation | ₹19.1 Lakh (FY 2025) | 373.0% | Gurgaon, Haryana, India | |||
| Idt Innovation Technologies Private Limited | ₹19.1 Lakh (FY 2024) | 598.0% | Nagpur, Maharashtra, India | |||
| Varenyo Technology Private Limitedthis company | ₹19.09 Lakh (FY 2025) | ₹85,990 | 4.5% | -64.0% | Indore, Madhya Pradesh, India | |
| Ulyssys Promotions Private Limited | ₹19.09 Lakh (FY 2025) | 155.0% | Mumbai, Maharashtra, India | |||
| Spass Ventures (OPC) Private Limited | ₹19.09 Lakh (FY 2025) | 218.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Varenyo Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varenyo Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varenyo Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Varenyo Technology Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varenyo Technology Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Nitesh Solanki was appointed as Additional Director on 08 Oct 2022.
Frequently asked questions
Varenyo Technology is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 November 2021 (5+ years old) and is registered under CIN U72900MP2021PTC058465.
Varenyo Technology has 2 current directors:
- Nitesh Solanki - Additional Director
- Lalita Bhatt - Director
The latest financial statements of Varenyo Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Varenyo Technology is U72900MP2021PTC058465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varenyo Technology was incorporated on 17 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Varenyo Technology by revenue are New Ibest Ipr Private Limited, CG Foundation, Idt Innovation Technologies Private Limited, Ulyssys Promotions Private Limited, Spass Ventures (OPC) Private Limited, all in the same principal business activity (other professional, scientific and technical activities).
Nitesh Solanki was appointed as Additional Director on 08 Oct 2022. Pragyesh Bhatt ceased to be Director on 08 Oct 2022. Lalita Bhatt was appointed as Director on 17 Nov 2021.
The registered office of Varenyo Technology is at 620 Sneh Nagar Indore, Madhya Pradesh, India – 452001.
Varenyo Technology operates in the information technology industry, in the application development and software solutions segment.
Varenyo Technology can be reached at its registered office: 620 Sneh Nagar Indore, Madhya Pradesh, India – 452001.
Varenyo Technology is registered under the jurisdiction of the Registrar of Companies (ROC), Gwalior.