About Varka Labs Private Limited
Data last updated: 18 December 2025
Varka Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 13 December 2019, the company has been in operation for over 7 years.
Registered with ROC Hyderabad under CIN U85300TG2019PTC137567.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sigatapu Veeralakshmana Vardhan and Kapil Gupta.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Ground Floor 4 – 1 – 896/1 2 Sri Rama Towers Tilak Road, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.84 Lakh, a decline of 62% compared to the previous year.
The company is associated with 1 brand - Cannarie.
For more details, the company can be reached via its website cannarie.com.
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Registered AddressGround Floor 4 – 1 – 896/1 2 Sri Rama Towers Tilak Road, Hyderabad, Telangana, India – 500001
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IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Associated Brands with Varka Labs Private Limited
Varka Labs Private Limited operates one associated brand: Cannarie. These brands represent Varka Labs Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cannarie provides comprehensive solutions for hemp-based nutritional and wellness products. | cannarie.com |
Competitors & Alternatives of Varka Labs Private Limited
Brands and companies operating in the same space as Varka Labs Private Limited include Vireo Health, Alphargreen Group Limited, Demetrix and 5 more.
| Competitor | Description | Location | Founded |
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Cannabis plants are cultivated in greenhouses for wellness product development. | Minneapolis, United States, United States | 2004 |
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Online marketplace for cannabis products treating various diseases is operated. | Covent Garden, United Kingdom, United Kingdom | 2019 |
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Cannabinoid ingredients for pharmaceuticals are produced via fermentation technology. | Berkeley, United States, United States | 2017 |
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Cannabis-infused products are developed, manufactured, and distributed for consumers. | Toronto, Canada, Canada | 2004 |
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Hemp-based wellness products for nutrition and personal care are provided. | Noida, India, India | 2017 |
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Cannabis-derived nutritional and wellness products are offered online. | Madrid, Spain, Spain | 2018 |
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Producer of medical cannabis | Berlin, Germany, Germany | 2017 |
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Provider of fine art photography prints and books | Boston, United States, United States | 2018 |
Business Activity of Varka Labs Private Limited
Varka Labs Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Varka Labs Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Varka Labs Private Limited
Varka Labs Private Limited is audited by SHARAD CHANDRA TOSHNIWAL & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| SHARAD CHANDRA TOSHNIWAL & CO | Locked | Locked | Locked |
Complete auditor history for Varka Labs Private Limited
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Board of Directors of Varka Labs Private Limited
Varka Labs Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
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Sigatapu Veeralakshmana Vardhan
Also directs:
Sways Software Consulting Llp, Gincom Ventures Llp, Sealink Impex Pharma Private Limited and 5 more
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Director | 13 Dec 2019 | 6 Years 7 Months | Current |
| Kapil Gupta | Director | 13 Dec 2019 | 6 Years 7 Months | Current |
Financials of Varka Labs Private Limited FY 2024 filings available
Varka Labs Private Limited reported revenue of ₹1.84 Lakh (down 62.00% YoY) for FY 2024.
Ten-year financial statements for Varka Labs Private Limited
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Ownership and Shareholding of Varka Labs Private Limited
Shareholding and ownership data for Varka Labs Private Limited
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Charges & Borrowings Varka Labs Private Limited
Varka Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Varka Labs Private Limited
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Employee and EPFO history for Varka Labs Private Limited
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GST Compliance of Varka Labs Private Limited
GST registrations and filing compliance for Varka Labs Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Varka Labs Private Limited
Credit ratings, litigation, and regulatory alerts for Varka Labs Private Limited
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MSME Payment Delays by Varka Labs Private Limited
MSME payment history for Varka Labs Private Limited
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Subsidiaries & Group Companies of Varka Labs Private Limited
Corporate group structure for Varka Labs Private Limited
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MCA Filings & Documents of Varka Labs Private Limited
MCA filings and documents for Varka Labs Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Varka Labs Private Limited
Frequently Asked Questions about Varka Labs Private Limited
Varka Labs Private Limited is an active private limited company in the pharma sector based in Hyderabad, Telangana, India. It was incorporated on 13 December 2019 (7+ years old) and is registered under CIN U85300TG2019PTC137567.
Varka Labs Private Limited reported revenue of ₹1.84 Lakh for FY 2024 (down 62.00% YoY).
The current directors of Varka Labs Private Limited are:
- Sigatapu Veeralakshmana Vardhan - Director
- Kapil Gupta - Director
The primary industry of Varka Labs Private Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Varka Labs Private Limited can be reached at the registered office: Ground Floor 4 – 1 – 8961 2 Sri Rama Towers Tilak Road, Hyderabad, Telangana, India – 500001, or through the website cannarie.com.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹1 Lakh.