Varman Aviation Private Limited - Company Profile

It is a transport and logistics private limited company based in Bangalore, Karnataka, India, established in 1994.
1994 Bangalore, Karnataka, India Active
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About Varman Aviation Private Limited

Varman Aviation Private Limited, a active private limited company, was established on 20 July 1994 in Bangalore, Karnataka, India. Engaging in aircraft & component manufacturing within the professional, scientific and technical sector, it holds CIN: U62200KA1994PTC015955. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.57 Cr.

It upholds a compliant status. Employing 32 professional, Its leadership includes Neena Raj (Managing Director), Alavalapati Veerabhadra Reddy (Managing Director), Chelur Rangachar Ramanujachar (Director). Past directors included Alavalapati Veerabhadra Reddy, Chelur Rangachar Ramanujachar, Sanjeev Varman. It holds ₹9.95 Cr open charges and ₹14.46 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at Aviation Complex, Epip, Plot No: 16 & 17, Road No: 7, Whitefield, Bangalore, Karnataka, 560066.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U62200KA1994PTC015955

  • Registration Number

    015955

  • Incorporation Date

    20 July 1994

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹5.57 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.57 Cr
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.95 Cr
  • Satisfied Charges ₹ 14.46 Cr
  • Revenue Growth **** 35.12%
  • Profit Growth **** 15.54%
  • Ebitda **** 8.24%
  • Net Worth 2.32%
  • Total Assets -16.23%
Company report

Varman Aviation Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Varman Aviation 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 Varman Aviation Private Limited?
Current Directors
Name Designation Appointment Date Status
Neena Raj Managing Director 06 Aug 1994 Current
Alavalapati Veerabhadra Reddy Managing Director 01 Jan 2002 Current
Chelur Rangachar Ramanujachar Director 01 Feb 2017 Current
Sanjeev Varman Managing Director 16 Jun 1996 Current
Navneet Varman Managing Director 20 Jul 1994 Current
Kamala Varman Director 12 Sep 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2008 Past
Pramod Abcsdd Director 01 Dec 2014 Past
Pramod Abcsdd Director 31 Mar 2008 Past
Pramod Abcsdd Director 31 Mar 2008 Past
Pramod Abcsdd Secretary - Past
Pramod Abcsdd Secretary - Past

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Financial Performance of Varman Aviation.

Varman Aviation Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 35.12% increase. The company also saw a substantial improvement in profitability, with a 15.54% increase in profit. The company's net worth moved up by a moderate rise of 2.32%.

Varman Aviation revenue growth over time
Varman Aviation 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
********
 35.12%
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*******
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Revenue from Operations
*******
 36.14%
*******
*******
*******
*******
Total Assets
*******
 -16.23%
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*******
*******
*******
Profit or Loss
*******
 15.54%
*******
*******
*******
*******
Net Worth
*******
 2.32%
*******
*******
*******
*******
EBITDA
*******
 8.24%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Varman Aviation?

In 2021, Varman Aviation had a promoter holding of 99.92% and a public holding of 0.08%. 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

₹99,500,000.00

Satisfied Charges

₹144,640,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 9.95 Cr
Latest Charge Details
Date Lender Amount Status
09 Jan 2023 Canara Bank ₹3.00 M Open
23 Dec 2022 Canara Bank ₹6.50 M Open
30 May 2009 Canara Bank ₹9.00 Cr Open
02 Feb 2006 Canara Bank ₹10.11 Cr Satisfied
25 Sep 2005 Hdfc Bank Ltd ₹2.75 Cr Satisfied

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How Many Employees Work at Varman Aviation?

Varman Aviation has a workforce of 32 employees as of Mar 29, 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 Varman Aviation, 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 Varman Aviation'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 Varman Aviation
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Varman Aviation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Canara Bank of Rs. 9.00 Cr registered on 30 May 2009 with Charge ID 10166979 was modified on 02 May 2025. was documented.

  • Balance Sheet

    Progress on Varman Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.30 Cr with Charge ID 100671156 was registered on 09 Jan 2023. was recorded as a recent event.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.65 Cr with Charge ID 100671913 was registered on 23 Dec 2022. was recorded as a recent event.

  • Director Appointment

    Progress on Chelur Rangachar Ramanujachar was appointed as a Director was appointed as a Director on 01 Feb 2017 & has been associated with this company since 9 years 14 days . was documented.

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Frequently Asked Questions
What is the CIN of Varman Aviation Private Limited?

The CIN of Varman Aviation Private Limited is U62200KA1994PTC015955.

Where is Varman Aviation Private Limited headquartered?

Varman Aviation Private Limited is headquartered at Aviation Complex, Epip, Plot No: 16 & 17, Road No: 7, Whitefield, Bangalore, Karnataka, 560066.

When was Varman Aviation Private Limited incorporated?

Varman Aviation Private Limited was incorporated on 20 July 1994.

Who are the current directors of Varman Aviation Private Limited?

The current directors of Varman Aviation Private Limited are

What is the primary industry of Varman Aviation Private Limited?

The primary industry of Varman Aviation Private Limited is Professional, Scientific And Technical.

Is Varman Aviation Private Limited a listed company?

Varman Aviation Private Limited is unlisted.

What is the capital structure of Varman Aviation Private Limited?

The authorized capital of Varman Aviation Private Limited is ₹10.00 Cr, and the paid-up capital is ₹5.57 Cr.

What is the compliance status of Varman Aviation Private Limited?

The compliance status of Varman Aviation Private Limited is Compliant.

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