India's Richest People 2026 edition · 1 director · Source: Hurun India
- #626 Varinder Kumar Garg & family ₹5,200 Cr
Revenue · FY 2025
₹2,014.32 Cr
▲ 43% YoY
Net profit · FY 2025
₹203.39 Cr
Net margin 10.1%
EBITDA · FY 2025
₹310.53 Cr
EBITDA margin 15.4%
Authorised capital
₹24 Cr
Registered with MCA
Paid-up capital
₹15.5 Cr
Issued & subscribed
Open charges
₹1,992.81 Cr
Satisfied ₹222.65 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
8,916
Provident fund records
About Varindera Constructions Limited
Data last updated:
Varindera Constructions Limited is a public limited company based in New Delhi, Delhi, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 15 December 1987 and has been in existence for over 39 years.
Its director Varinder Kumar Garg and family are #626 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL1987PLC128579. Its GSTIN is 07AABCV3315P2Z2 (Delhi). The company holds 24 GST registrations, of which 21 are active.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹15.5 Cr. It was formerly known as Varindera Constructions Private Limited. It is led by directors including Sushma Garg (Whole-Time Director) and Varinder Kumar Garg (Whole-Time Director).
Its last annual general meeting (AGM) was held on 02 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 613 6th Floor Plot No. 4, Vishwadeep Tower District Centre, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,014.32 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹203.39 Cr (net margin 10.1%) and EBITDA of ₹310.53 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 41% over five years.
The company has about 8,916 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VCLGroup. As per MCA filings, the company has open charges of ₹1,992.81 Cr and satisfied charges of ₹222.65 Cr on record. Court records list 147 cases involving the company, including 36 filed by the company and 111 filed against it; 32 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.31 Cr; the latest was in September 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vclgroup.in.
Company details
CIN U45201DL1987PLC128579
Registration Number 128579
Incorporation Date 15 December 1987
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
CIN history
Varindera Constructions has one previous CIN (Corporate Identification Number): U45201DL2004PLC128579. The current CIN is U45201DL1987PLC128579, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201DL1987PLC128579 | Current |
| U45201DL2004PLC128579 | Previous |
Recognitions & Rankings of Varindera Constructions
Contact details
Varindera Constructions Limited's registered office is in New Delhi, Delhi. Its website is vclgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 613 6th Floor Plot No. 4, Vishwadeep Tower District Centre, New Delhi, Delhi, India – 110058
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Varindera Constructions Limited, buy the company report.
Comprehensive company report
Varindera Constructions 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
Varindera Constructions operates one associated brand: VCLGroup. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction, real estate, and engineering services in India. | vclgroup.in |
Business activity
The main business activity of Varindera Constructions is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Varindera Constructions Limited, buy the company report.
Financials of Varindera Constructions Limited
FY 2025 filings availableVarindera Constructions Limited reported revenue of ₹2,014.32 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹2,014.32 Cr ▲ 43%
Net profit · FY 2025
₹203.39 Cr margin 10.1%
EBITDA · FY 2025
₹310.53 Cr margin 15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 36%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 40%
5 years · compounded
▲ 52%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 43% growth in the latest year. EBITDA rose 38% 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 | ₹310.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹203.39 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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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 | 15.4% | ||||
| Net Profit Margin | 10.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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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 Varindera Constructions Limited, buy the company report.
Board of directors and KMP of Varindera Constructions Limited
Varindera Constructions Limited currently reports 5 directors and 1 key managerial person. 11 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Garg | Ceo | 06 Jul 2024 | 2 Years 4 Months | Current |
| Sushma Garg Also directs: Surbhi Metals (India) Private Limited, Vivek Infraprojects Private Limited, Nas Buildcon Private Limited and 2 more | Whole-Time Director | 15 Dec 1987 | 38 Years 10 Months | Current |
| Vinod Kumar Also directs: Neriv (OPC) Private Limited, SGMK Corporate Spaces Private Limited | Director | 07 Jun 2024 | 2 Years 5 Months | Current |
| Naresh Kumar Jain | Director | 01 May 2025 | 1 Years 6 Months | Current |
| Neeru Abrol Also directs: Ganesha Ecoverse Limited, Indo Rama Synthetics (India) Limited, SG Mart Limited and 3 more | Director | 29 Aug 2024 | 2 Years 2 Months | Current |
| Varinder Kumar Garg Also directs: Surbhi Metals (India) Private Limited, Vivek Infraprojects Private Limited, Nas Buildcon Private Limited and 2 more | Whole-Time Director | 15 Dec 1987 | 38 Years 10 Months | Current |
Auditor
Varindera Constructions Limited is audited by S. S. Kothari Mehta & Company for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. S. Kothari Mehta & Company | FY 2025 | 000756N/N500441 |
Shareholding
The shareholding of Varindera Constructions Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varindera Constructions Limited, buy the company report.
Charges & borrowings
Open charges
₹1,992.81 Cr
Satisfied charges
₹222.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2026 | 101218338 | Others | ₹48.84 Lakh | Open | |
| 14 Jan 2026 | 101227808 | Axis Bank Limited | ₹37.95 Lakh | Open | |
| 24 Dec 2025 | 101210554 | Others | ₹250 Cr | Open | |
| 23 Dec 2025 | 101217441 | Axis Bank Limited | ₹1.11 Cr | Open | |
| 12 Dec 2025 | 101198186 | Others | ₹1.59 Cr | Open |
To see the full charge records of Varindera Constructions Limited, buy the company report.
Total charge records: 129 View all charges
Deals & funding
Varindera Constructions Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.31 Cr; the latest was in September 2024.
Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹9.31 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Vg Family Trust Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Varinder Kumar Garg Huf, an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Vivek Garg Huf, 3 individuals Seller: Varinder Kumar Garg Huf |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| May 2007 | Funding round | ₹2.75 Cr | Investors: Liberty Finance and Lease Private Limited , Deepak Methwani HUF, 2 individuals |
To see the full deal history of Varindera Constructions 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
Varindera Constructions Limited has 147 court cases on record: 36 filed by Varindera Constructions, 111 filed against it. 32 cases are pending and 115 are disposed.
Total cases
147
Filed by the company
36
Filed against the company
111
Pending
32
Disposed
115
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 87 | 77 | 20 |
| High courts | 54 | 31 | 11 |
| Supreme Court | 6 | 3 | 1 |
Cases on record (5 of 147)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Delhi Development Authority | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against M/S Vortex Facilities Management Pvt Ltd | Pending |
| High Court of Meghalaya | Revision petition | Filed against the company by The Union of India | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by Union of India | Pending |
| District court, South West, Delhi | Motor accident claim | Filed against the company | Pending |
To see the full case history of Varindera Constructions 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
Varindera Constructions Limited was last rated by Care on 04 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Aug 2021 |
To see the full credit ratings and regulatory alerts of Varindera Constructions Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varindera Constructions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varindera Constructions Limited has a workforce of 8,916 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
8,916
Active EPFO establishments
1
Employee growth
49.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 8,916 |
| 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 | |
| FY 2015-16 |
To see the full employee and EPFO history of Varindera Constructions Limited, buy the company report.
GST
Varindera Constructions has 24 GST registrations: 21 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
24
Active
21
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCV3315P2Z2 | Delhi | Active | 01 Jul 2017 |
| 07AABCV3315P3Z1 | Delhi | Active | 17 Sep 2017 |
| 07AABCV3315P4Z0 | Delhi | Active | 08 Aug 2021 |
| 05AABCV3315P1Z7 | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varindera Constructions Limited, buy the company report.
Recent activity
Varindera Constructions Limited has 16 board changes on record since 1987: 6 appointments and 10 cessations. The latest: Naresh Kumar Jain ceased to be Additional Director on 01 Jul 2025.
Charges
A charge registered on 21 Oct 2023 via Charge ID 100847477 with Hdb Financial Services Limited was fully satisfied on 28 Jan 2026.
Charges
A charge registered on 12 Oct 2023 via Charge ID 100797337 with Hdb Financial Services Limited was fully satisfied on 28 Jan 2026.
Charges
A charge registered on 25 Aug 2023 via Charge ID 100775914 with Hdb Financial Services Limited was fully satisfied on 28 Jan 2026.
Charges
A charge registered on 11 Aug 2023 via Charge ID 100794046 with Hdb Financial Services Limited was fully satisfied on 28 Jan 2026.
Charges
A charge registered on 27 May 2023 via Charge ID 100748207 with Hdb Financial Services Limited was fully satisfied on 28 Jan 2026.
Charges
A charge with Others amounted to Rs. 0.49 Cr with Charge ID 101218338 was registered on 19 Jan 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.38 Cr with Charge ID 101227808 was registered on 14 Jan 2026.
Charges
A charge with Others amounted to Rs. 250.00 Cr with Charge ID 101210554 was registered on 24 Dec 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.11 Cr with Charge ID 101217441 was registered on 23 Dec 2025.
Charges
A charge with Others amounted to Rs. 1.59 Cr with Charge ID 101198186 was registered on 12 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.24 Cr with Charge ID 101199630 was registered on 12 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101230016 was registered on 05 Dec 2025.
218 earlier events are in the company report.
Frequently asked questions
Varindera Constructions is an active public limited company based in New Delhi, Delhi, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 15 December 1987 (39+ years old) and is registered under CIN U45201DL1987PLC128579.
Varindera Constructions has 6 current directors and KMP:
- Sushma Garg - Whole-Time Director
- Varinder Kumar Garg - Whole-Time Director
- Vinod Kumar - Director
- Naresh Kumar Jain - Director
- Neeru Abrol - Director
- Vivek Garg - Ceo
The latest financial statements of Varindera Constructions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Varindera Constructions is 07AABCV3315P2Z2, registered in Delhi. The company has 24 GST registrations in all, of which 21 are active and 3 are cancelled or inactive. Other active GSTINs include 07AABCV3315P3Z1 (Delhi), 07AABCV3315P4Z0 (Delhi), 05AABCV3315P1Z7 (Uttarakhand).
The CIN (Corporate Identification Number) of Varindera Constructions is U45201DL1987PLC128579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varindera Constructions has 147 court cases on record: 36 filed by the company and 111 filed against it. 32 are pending. Most are in the district courts.
Varindera Constructions was incorporated on 15 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
Varindera Constructions has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.31 Cr; the latest was in September 2024.
Naresh Kumar Jain ceased to be Additional Director on 01 Jul 2025. Naresh Kumar Jain was appointed as Director on 01 May 2025. Kuljit Singh Popli ceased to be Director on 18 Apr 2025. Varindera Constructions has 16 board changes on record in total.
Varindera Constructions can be reached through the website vclgroup.in. Its registered office is in New Delhi, Delhi, India.
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