Variac Systems Private Limited - Company Profile

It is a engineering private limited company based in Chennai, Tamil Nadu, India, established in 1996.
1996 Chennai, Tamil Nadu, India Active
Last Updated:
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About Variac Systems Private Limited

Variac Systems Private Limited, a active private limited company, was established on 26 September 1996 in Chennai, Tamil Nadu, India. Engaging in engineering design & consultancy within the professional, scientific and technical sector, it holds CIN: U72300TN1996PTC036639. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.41 M.

It upholds a compliant status. Its leadership includes Sumithra Srikant (Director), Srikant Sitaraman (Director). It holds no open charges and ₹1.70 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at New 29 Old 11 Venus Colony 2Nd Street 4B Kadayamsri, Alwarpet, Chennai, Tamil Nadu, 600018.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72300TN1996PTC036639

  • Registration Number

    036639

  • Incorporation Date

    26 September 1996

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹1.41 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.41 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 1.70 Cr
  • Revenue Growth **** -41.68%
  • Profit Growth **** -463.49%
  • Ebitda **** -40.82%
  • Net Worth -0.31%
  • Total Assets **** 3.02%
Company report

Variac Systems Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Variac Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Variac Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Sumithra Srikant Director 15 Sep 2000 Current
Srikant Sitaraman Director 26 Sep 1996 Current

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Financial Performance of Variac Systems.

Variac Systems Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.68% decrease. The company also saw a substantial fall in profitability, with a 463.49% decrease in profit. The company's net worth dipped by a decrease of 0.31%.

Variac Systems revenue growth over time
Variac Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -41.68%
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*******
*******
*******
Revenue from Operations
*******
 -41.09%
*******
*******
*******
*******
Total Assets
*******
 3.02%
*******
*******
*******
*******
Profit or Loss
*******
 -463.49%
*******
*******
*******
*******
Net Worth
*******
 -0.31%
*******
*******
*******
*******
EBITDA
*******
 -40.82%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Variac Systems?

In 2021, Variac Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹17,000,000.00

Charges Breakdown by Lending Institutions
  • Punjab National Bank : 1.20 Cr
  • Standard Chartered Bank : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
22 Jun 2011 Standard Chartered Bank ₹5.00 M Satisfied
31 Oct 1996 Punjab National Bank ₹1.20 Cr Satisfied

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How Many Employees Work at Variac Systems?

Unlock and access historical data on people associated with Variac Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Variac Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Variac Systems's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Variac Systems
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Variac Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Variac Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

  • Charges

    Progress on A charge registered on 22 Jun 2011 via Charge ID 10294847 with Standard Chartered Bank was fully satisfied on 17 Oct 2012. was documented.

  • Charges

    The activity A charge registered on 31 Oct 1996 via Charge ID 90286238 with Punjab National Bank was fully satisfied on 13 Sep 2012. was completed.

  • Charges

    The activity A charge with Standard Chartered Bank amounted to Rs. 5.00 M with Charge ID 10294847 was registered on 22 Jun 2011. was completed.

  • Director Appointment

    Progress on Sumithra Srikant was appointed as a Director was appointed as a Director on 15 Sep 2000 & has been associated with this company since 25 years 8 months . was documented.

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Frequently Asked Questions
What is the CIN of Variac Systems Private Limited?

The CIN of Variac Systems Private Limited is U72300TN1996PTC036639.

Where is Variac Systems Private Limited headquartered?

Variac Systems Private Limited is headquartered at New 29 Old 11 Venus Colony 2Nd Street 4B Kadayamsri, Alwarpet, Chennai, Tamil Nadu, 600018.

When was Variac Systems Private Limited incorporated?

Variac Systems Private Limited was incorporated on 26 September 1996.

Who are the current directors of Variac Systems Private Limited?

The current directors of Variac Systems Private Limited are

What is the primary industry of Variac Systems Private Limited?

The primary industry of Variac Systems Private Limited is Professional, Scientific And Technical.

Is Variac Systems Private Limited a listed company?

Variac Systems Private Limited is unlisted.

What is the capital structure of Variac Systems Private Limited?

The authorized capital of Variac Systems Private Limited is ₹1.50 M, and the paid-up capital is ₹1.41 M.

What is the compliance status of Variac Systems Private Limited?

The compliance status of Variac Systems Private Limited is Compliant.

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