MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0280142
Vario Services Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.07 Cr
▲ 521% YoY
Net profit · FY 2024
₹63.12 Lakh
Net margin 4.5%
EBITDA · FY 2024
₹1.41 Cr
EBITDA margin 10%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹49 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
2
Provident fund records
About Vario Services Private Limited
Data last updated:
Vario Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 22 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U42203GJ2015PTC085466. Its GSTIN is 24AAFCV3277L2ZX (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dinesh Lalchandbhai Hinduja and Pankaj Kumar Ramlal Patel.
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 B – 806 Mondeal Heights, Ramdevnagar Satellite Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹63.12 Lakh (net margin 4.5%) and EBITDA of ₹1.41 Cr (EBITDA margin 10%).
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VarioFitness. As per MCA filings, the company has open charges of ₹49 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
Vario Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0280142). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vario.fitness.
Company details
CIN U42203GJ2015PTC085466
Registration Number 085466
Incorporation Date 22 December 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0280142
CIN history
Vario Services has one previous CIN (Corporate Identification Number): U74140GJ2015PTC085466. The current CIN is U42203GJ2015PTC085466, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U42203GJ2015PTC085466 | Current |
| U74140GJ2015PTC085466 | Previous |
Recognitions & Rankings of Vario Services
Contact details
Vario Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vario.fitness. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 806 Mondeal Heights, Ramdevnagar Satellite Ahmedabad, Gujarat, India – 380015
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Vario Services Private Limited, buy the company report.
Comprehensive company report
Vario Services 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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Secure checkout · GST invoice included
Brands
Vario Services operates one associated brand: VarioFitness. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides monthly membership cards for access to various fitness centers. | vario.fitness |
Business activity
The main business activity of Vario Services is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Vario Services Private Limited, buy the company report.
Financials of Vario Services Private Limited
FY 2025 filings availableVario Services Private Limited reported revenue of ₹14.07 Cr (up 521% YoY) for FY 2024.
Revenue · FY 2024
₹14.07 Cr ▲ 521%
Net profit · FY 2024
₹63.12 Lakh margin 4.5%
EBITDA · FY 2024
₹1.41 Cr margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 521%
EBITDA CAGR growth
1 year
▲ 1%
5 years · compounded
▲ 659%
Revenue rose 521% in the latest year. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.12 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vario Services Private Limited, buy the company report.
Board of directors of Vario Services Private Limited
Vario Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Lalchandbhai Hinduja Also directs: Saturn Contractors LLP, Enprocon Enterprise Limited | Director | 22 Dec 2015 | 10 Years 10 Months | Current |
| Pankaj Kumar Ramlal Patel Also directs: Cross Country Contractors Private Limited | Director | 05 May 2023 | 3 Years 6 Months | Current |
Auditor
Vario Services Private Limited is audited by Chhabria & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chhabria & Associates | FY 2023 | 123375W |
Shareholding
The shareholding of Vario Services 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 Vario Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹49 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2023 | 100756067 | Others | ₹49 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Vario Services Private Limited has 5 court cases on record: 4 filed by Vario Services, 1 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Jaipur | Insolvency matter | Filed by the company against Worldwide Machinery Solutions Privatelimited | Disposed |
| High Court, GUJARAT | Arbitration matter | Filed by the company against Mastek Engineering Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Arbitration matter | Filed by the company against Worlwide Machinery Solutions Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against State of Gujarat and 2 others | Disposed |
To see the full case history of Vario Services 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vario Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vario Services Private Limited has a workforce of 2 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
100%
GST
Vario Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV3277L2ZX | Gujarat | Active | 01 Nov 2020 |
To see the full GST registrations and return filing status of Vario Services Private Limited, buy the company report.
Recent activity
Vario Services Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Swapnil Kantilal Gandhi ceased to be Director on 28 Oct 2024.
AGM
Vario Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vario Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Swapnil Kantilal Gandhi ceased to be Director.
Charges
A charge with Others amounted to Rs. 49.00 Lakh with Charge ID 100756067 was registered on 30 Jun 2023.
Appointed
Pankaj Kumar Ramlal Patel was appointed as Director.
Ceased
Dipika Nareshbhai Chauhan ceased to be Additional Director.
Appointed
Dipika Nareshbhai Chauhan was appointed as Additional Director.
Appointed
Dinesh Lalchandbhai Hinduja was appointed as Director.
Appointed
Swapnil Kantilal Gandhi was appointed as Director.
Incorporation
22 Dec 2015
Vario Services Private Limited was registered on 22 Dec 2015 with Roc Ahmedabad & aged 10 years 10 months as per MCA records.
Frequently asked questions
Vario Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 22 December 2015 (11+ years old) and is registered under CIN U42203GJ2015PTC085466.
Vario Services has 2 current directors:
- Dinesh Lalchandbhai Hinduja - Director
- Pankaj Kumar Ramlal Patel - Director
The latest financial statements of Vario Services 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 2016 are in the company report.
The GSTIN of Vario Services is 24AAFCV3277L2ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vario Services is U42203GJ2015PTC085466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vario Services has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Vario Services was incorporated on 22 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Swapnil Kantilal Gandhi ceased to be Director on 28 Oct 2024. Pankaj Kumar Ramlal Patel was appointed as Director on 05 May 2023. Dipika Nareshbhai Chauhan ceased to be Additional Director on 01 Sep 2020. Vario Services has 6 board changes on record in total.
Yes, Vario Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0280142).
Vario Services can be reached through the website vario.fitness. Its registered office is in Ahmedabad, Gujarat, India.
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