About Varma Steels Private Limited
Data last updated: 07 March 2026
Varma Steels Private Limited is a private limited company based in Madhapur, Telangana, India. It specialises in construction materials distribution, a part of the broader metals and mining sector. Incorporated on 01 February 2016, the company has been in operation for over 10 years.
Registered with ROC Hyderabad under CIN U51102TG2016PTC103003.
Capital: an authorised share capital of ₹2.07 Cr and a paid-up capital of ₹2 Cr. It is led by directors Somayajulu Venkata Yazna Narayana Pratapa and Alluri Venkata Panindra Varma.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Durgam Cheruvu Park, Madhapur, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹270.77 Cr, a decline of 22% compared to the previous year.
The company has a workforce of approximately 92 employees as per the latest available data.
The company is associated with 1 brand - Varma Steels. As per MCA filings, the company has open charges of ₹104.34 Cr and satisfied charges of ₹26.83 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varmasteels.com.
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Registered AddressDoor No. 1 – 89/3/19 Sy No. 62 Part. 5Th Floor The V – Towers Opp: Durgam Cheruvu Park, Main Gate, Madhapur, Telangana, India – 500081
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IndustryMetals and Minerals, Construction Materials Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Varma Steels Private Limited
Varma Steels Private Limited operates one associated brand: Varma Steels. These brands represent Varma Steels Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Distributes cement, steel, RMC, admixtures, and provides logistics for construction. | varmasteels.com |
Competitors & Alternatives of Varma Steels Private Limited
Brands and companies operating in the same space as Varma Steels Private Limited include JK Cement, DuPont, Prism Johnson and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
JK Cement
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Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | Kanpur, India, India | 1975 |
DuPont
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Developer of chemical products, construction & packaging materials, and water solutions | United States | 1802 |
Prism Johnson
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Manufacturer and supplier of building materials | Hyderabad, India, India | 1992 |
HIL
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Roofing solutions and building materials are manufactured by HIL. | Hyderabad, India, India | 1946 |
Magicrete
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AAC blocks, construction chemicals, and precast solutions are manufactured. | Surat, India, India | 2008 |
Integrated Cleanroom Technologies
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Cleanroom building products are manufactured for specialized environments. | Hyderabad, India, India | 2003 |
Mysore Cements
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Cement and concrete products are manufactured in India. | Gurugram, India, India | 1959 |
CUMI
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Abrasives and ceramic fibers are manufactured by CUMI in India. | Chennai, India, India | 1954 |
Binani Cement
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Blogs focused on multiple topics | Mumbai, India, India | 1996 |
Business Activity of Varma Steels Private Limited
Varma Steels Private Limited is engaged in multiple principal business activities such as trade, manufacturing, and support service to organizations, with detailed activities including retail trading, metal and metal products, other support services to organizations. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| C | Manufacturing | C7 | Metal and metal products | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details for Varma Steels Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Varma Steels Private Limited
Varma Steels Private Limited is audited by Vamsi & Assocaites 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 |
|---|---|---|---|
| Vamsi & Assocaites | Locked | Locked | Locked |
Complete auditor history for Varma Steels Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Varma Steels Private Limited
Varma Steels Private Limited is currently managed by 2 directors, with 5 former directors 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 |
|---|---|---|---|---|
| Somayajulu Venkata Yazna Narayana Pratapa | Director | 14 Aug 2020 | 5 Years 11 Months | Current |
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Alluri Venkata Panindra Varma
Also directs:
Sri Madhura Kamakshi Constructions Llp, Home Tree Ventures Llp, A N V Restaurants Llp and 5 more
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Managing Director | 01 Feb 2016 | 10 Years 5 Months | Current |
Financials of Varma Steels Private Limited FY 2025 filings available
Varma Steels Private Limited reported revenue of ₹270.77 Cr (down 22.00% YoY) for FY 2025.
Ten-year financial statements for Varma Steels Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Varma Steels Private Limited
Shareholding and ownership data for Varma Steels Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Varma Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2025 | Others | ₹2.1 Cr | Open |
| 21 Apr 2025 | Axis Bank Limited | ₹49.9 Lakh | Open |
| 31 Jan 2025 | Hdfc Bank Limited | ₹93 Lakh | Open |
| 13 Nov 2024 | Hdfc Bank Limited | ₹54.16 Lakh | Open |
| 30 Oct 2024 | Hdfc Bank Limited | ₹21.46 Lakh | Open |
Total charge records: 24 View all charges
Employees and EPFO Compliance at Varma Steels Private Limited
Varma Steels Private Limited has a workforce of 92 employees as of Apr 01, 2024.
Employee and EPFO history for Varma Steels Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Varma Steels Private Limited
GST registrations and filing compliance for Varma Steels Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Varma Steels Private Limited
Credit ratings, litigation, and regulatory alerts for Varma Steels Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Varma Steels Private Limited
MSME payment history for Varma Steels Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Varma Steels Private Limited
Corporate group structure for Varma Steels Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Varma Steels Private Limited
MCA filings and documents for Varma Steels Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Varma Steels Private Limited
Frequently Asked Questions about Varma Steels Private Limited
Varma Steels Private Limited is an active private limited company in the metals and minerals sector based in Madhapur, Telangana, India. It was incorporated on 01 February 2016 (10+ years old) and is registered under CIN U51102TG2016PTC103003. The company has 92 employees.
Varma Steels Private Limited reported revenue of ₹270.77 Cr for FY 2025 (down 22.00% YoY).
The current directors of Varma Steels Private Limited are:
- Somayajulu Venkata Yazna Narayana Pratapa - Director
- Alluri Venkata Panindra Varma - Managing Director
The primary industry of Varma Steels Private Limited is metals and minerals. The company specifically operates in construction materials retail and distribution. The company is currently active in this sector.
Varma Steels Private Limited can be reached at the registered office: Door No. 1 – 89319 Sy No. 62 Part. 5Th Floor The V – Towers Opp: Durgam Cheruvu Park, Main Gate, Madhapur, Telangana, India – 500081, or through the website varmasteels.com.
The authorised capital is ₹2.07 Cr, and the paid-up capital is ₹2 Cr.