- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-24-0013499

Varma Automobiles Private Limited
About Varma Automobiles Private Limited
Data last updated:
Varma Automobiles Private Limited is a private limited company based in Faizabad, Uttar Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 23 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U60231UP1990PTC012105. Its GSTIN is 09AABCV8260H1Z2 (Uttar Pradesh).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹31.48 Lakh. It was formerly known as Purvanchal Load Carriers Private Limited. It is led by directors Nishit Verma (Managing Director) and Tanya Varma.
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 Faizabad, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.24 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹2.85 Lakh (net margin 0.9%) and EBITDA of ₹22.96 Lakh (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹2.25 Cr and satisfied charges of ₹1.56 Cr on record.
Varma Automobiles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-24-0013499). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Varma Automobiles
Contact details
Varma Automobiles Private Limited's registered office is in Faizabad, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/6/19 Hari Niwas, Khawas Pura, Faizabad, Uttar Pradesh, India – 224001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Varma Automobiles Private Limited, buy the company report.
- 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
Business activity
The main business activity of Varma Automobiles is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Varma Automobiles Private Limited, buy the company report.
Financials of Varma Automobiles Private Limited
FY 2025 filings availableVarma Automobiles Private Limited reported revenue of ₹3.24 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 3% 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 |
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| EBITDA | ₹22.96 Lakh | ||||
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| Net Profit (PAT) | ₹2.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Varma Automobiles Private Limited, buy the company report.
Board of directors of Varma Automobiles Private Limited
Varma Automobiles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishit Verma | Managing Director | 01 Jul 2011 | 15 Years 4 Months | Current |
| Tanya Varma | Director | 07 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Varma Automobiles Private Limited is audited by S. K. ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. ASSOCIATES | FY 2023 | 001479C |
Shareholding
The shareholding of Varma Automobiles 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 Varma Automobiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2024 | 101033513 | Canara Bank | ₹75 Lakh | Open | |
| 06 Apr 2023 | 100720634 | Standard Chartered Bank | ₹1.5 Cr | Open | |
| 05 May 2015 | 10566954 | Bank of Baroda | ₹12.5 Lakh | Satisfied | |
| 06 Feb 2015 | 10550680 | Bank Ofbaroda | ₹18 Lakh | Satisfied | |
| 20 Jul 2005 | 90280979 | Bank of Baroda | ₹1.25 Cr | Satisfied |
To see the full charge records of Varma Automobiles Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Varma Automobiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varma Automobiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varma Automobiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCV8260H1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varma Automobiles Private Limited, buy the company report.
Recent activity
Varma Automobiles Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Tanya Varma was appointed as Director on 07 Aug 2024.
4 earlier events are in the company report.
Frequently asked questions
Varma Automobiles is an active private limited company based in Faizabad, Uttar Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 23 July 1990 (36+ years old) and is registered under CIN U60231UP1990PTC012105.
Varma Automobiles has 2 current directors:
- Nishit Verma - Managing Director
- Tanya Varma - Director
The latest financial statements of Varma Automobiles 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 2015 are in the company report.
The GSTIN of Varma Automobiles is 09AABCV8260H1Z2, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Varma Automobiles is U60231UP1990PTC012105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varma Automobiles was incorporated on 23 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Tanya Varma was appointed as Director on 07 Aug 2024. Karunesh Kumar Srivastava ceased to be Director on 21 Jun 2024. Alka Verma ceased to be Managing Director on 01 Jul 2011. Varma Automobiles has 4 board changes on record in total.
Yes, Varma Automobiles is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-24-0013499).
The registered office of Varma Automobiles is at 4619 Hari Niwas, Khawas Pura, Faizabad, Uttar Pradesh, India – 224001.
Varma Automobiles operates in the automotive industry, in the auto dealership and trading segment.

