Varite India Private Limited - Company Profile

It is a business outsourcing private limited company based in Gurugram, Haryana, India, established in 2005.
2005 Gurugram, Haryana, India Active
Last Updated:
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About Varite India Private Limited

Varite India Private Limited, a active private limited company, was established on 05 January 2005 in Gurugram, Haryana, India. Engaging in hr outsourcing & talent management within the professional, scientific and technical sector, it holds CIN: U72200HR2005PTC035582. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.37 M.

It upholds a compliant status. Employing 755 professional, Its leadership includes Adarsh Katyal (Director), Ashok Kumar Katyal (Director), Renu Katyal (Director). Past directors included Adarsh Katyal. It holds ₹8.98 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Anisa House, Building No.88 Sector-44, Gurugram, Haryana, 122002.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U72200HR2005PTC035582

  • Registration Number

    035582

  • Incorporation Date

    05 January 2005

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.37 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.37 M
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.98 Cr
  • Revenue Growth **** 72.51%
  • Profit Growth **** 198.58%
  • Ebitda **** 139.05%
  • Net Worth 47.73%
  • Total Assets **** 78.96%
Company report

Varite India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Varite India 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 Varite India Private Limited?
Current Directors
Name Designation Appointment Date Status
Adarsh Katyal Director 30 Jan 2009 Current
Ashok Kumar Katyal Director 05 Jan 2005 Current
Renu Katyal Director 18 Feb 2005 Current
Archana Katyal Director 05 Jan 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2009 Past

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Financial Performance of Varite India.

Varite India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 72.51% increase. The company also saw a substantial improvement in profitability, with a 198.58% increase in profit. The company's net worth Soared by an impressive increase of 47.73%.

Varite India revenue growth over time
Varite India 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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 72.51%
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*******
*******
Revenue from Operations
*******
 72.84%
*******
*******
*******
*******
Total Assets
*******
 78.96%
*******
*******
*******
*******
Profit or Loss
*******
 198.58%
*******
*******
*******
*******
Net Worth
*******
 47.73%
*******
*******
*******
*******
EBITDA
*******
 139.05%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Varite India?

In 2023, Varite India 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

₹89,830,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Citi Bank N.A. : 8.98 Cr
Latest Charge Details
Date Lender Amount Status
16 Jan 2022 Citi Bank N.A. ₹4.83 M Open
26 Apr 2019 Citi Bank N.A. ₹6.50 Cr Open
24 Jan 2014 Citi Bank N.A. ₹2.00 Cr Open

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How Many Employees Work at Varite India?

Varite India has a workforce of 755 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Varite India, 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 Varite India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Varite India
Recent Activity within the Organization
  • Annual General Meeting

    The activity Varite India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Varite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was recorded as a recent event.

  • Charges

    The activity A charge with Citi Bank N.A. of Rs. 65.00 M registered on 26 Apr 2019 with Charge ID 100272245 was modified on 28 Jul 2022. was completed.

  • Charges

    The activity A charge with Citi Bank N.A. amounted to Rs. 4.83 M with Charge ID 100532496 was registered on 16 Jan 2022. was completed.

  • Charges

    Progress on A charge with Citi Bank N.A. amounted to Rs. 65.00 M with Charge ID 100272245 was registered on 26 Apr 2019. was documented.

  • Charges

    A charge with Citi Bank N.A. of Rs. 20.00 M registered on 24 Jan 2014 with Charge ID 10474507 was modified on 15 Sep 2017. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Varite India Private Limited?

The CIN of Varite India Private Limited is U72200HR2005PTC035582.

Where is Varite India Private Limited headquartered?

Varite India Private Limited is headquartered at Anisa House, Building No.88 Sector-44, Gurugram, Haryana, 122002.

When was Varite India Private Limited incorporated?

Varite India Private Limited was incorporated on 05 January 2005.

Who are the current directors of Varite India Private Limited?

The current directors of Varite India Private Limited are

What is the primary industry of Varite India Private Limited?

The primary industry of Varite India Private Limited is Professional, Scientific And Technical.

Is Varite India Private Limited a listed company?

Varite India Private Limited is unlisted.

What is the capital structure of Varite India Private Limited?

The authorized capital of Varite India Private Limited is ₹0.50 M, and the paid-up capital is ₹0.37 M.

What is the compliance status of Varite India Private Limited?

The compliance status of Varite India Private Limited is Compliant.

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