Varmech Mobility Private Limited
About Varmech Mobility Private Limited
Data last updated:
Varmech Mobility Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the corporate training and development segment of the education sector. It was incorporated on 18 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50404GJ2011PTC066389. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shaan Prakash Varma and Manju Prakash Verma.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ff/109 New York Plaza II Opp. Chief Justice Bunglow Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2019, the company reported a revenue of ₹19.54 Lakh, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹85,347 (net margin 4.4%) and EBITDA of ₹3.83 Lakh (EBITDA margin 19.6%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFf/109 New York Plaza II Opp. Chief Justice Bunglow Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryEducation, Corporate Training & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Varmech Mobility Private Limited
The main business activity of Varmech Mobility is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Varmech Mobility Private Limited FY 2021 filings available
Varmech Mobility Private Limited reported revenue of ₹19.54 Lakh (up 57% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Varmech Mobility Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 95% over three years, including 57% growth in the latest year. EBITDA rose 179% 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 of Varmech Mobility Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹85,347 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Varmech Mobility Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Varmech Mobility are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Varmech Mobility Private Limited
Varmech Mobility Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avyom Foodtech Private Limited | ₹19.56 Lakh (FY 2024) | •••• | •••• | 172.0% | •••• | Delhi, India |
| Horizon Study Circle Private Limited | ₹19.56 Lakh (FY 2019) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Magicka Global Private Limited | ₹19.56 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Workhelp 24 Educational Services Private Limited | ₹19.55 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Lucknow, Uttar Pradesh, India |
| Gapa Education LLP | ₹19.55 Lakh (FY 2024) | •••• | •••• | 49.0% | •••• | Mumbai, Maharashtra, India |
| Varmech Mobility Private Limited this company | ₹19.54 Lakh (FY 2019) | •••• | •••• | 57.0% | •••• | Ahmedabad, Gujarat, India |
| Madhulata Educational Institutions Private Limited | ₹19.54 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Eluru, Andhra Pradesh, India |
| Peoplepro Trainers & Consultants Private Limited | ₹19.54 Lakh (FY 2018) | •••• | •••• | -89.0% | •••• | Bangalore, Karnataka, India |
| Oorjja Learning and Development (OPC) Private Limited | ₹19.54 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Ernakulam, Kerala, India |
| Kirpa Immigration Private Limited | ₹19.54 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Chandigarh, India |
| Habile Academia Private Limited | ₹19.53 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Varmech Mobility by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Varmech Mobility Private Limited
Varmech Mobility Private Limited is audited by TULSIAN SANJAY & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TULSIAN SANJAY & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Varmech Mobility Private Limited
Varmech Mobility has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaan Prakash Varma | Director | 18 Jul 2011 | 15 Years 2 Months | Current |
| Manju Prakash Verma | Director | 18 Jul 2011 | 15 Years 2 Months | Current |
Ownership and Shareholding of Varmech Mobility Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Varmech Mobility Private Limited
Varmech Mobility Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Varmech Mobility Private Limited
Employment history and EPFO contributions of people linked to Varmech Mobility.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Varmech Mobility Private Limited
Varmech Mobility Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Manju Prakash Verma was appointed as Director on 18 Jul 2011.
Credit Ratings, Litigation & Regulatory Alerts for Varmech Mobility Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Varmech Mobility Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Varmech Mobility Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Varmech Mobility Private Limited
Varmech Mobility has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Varmech Mobility Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Varmech Mobility Private Limited
Varmech Mobility is an active private limited company based in Ahmedabad, Gujarat, India. The company works in corporate training and development, within the education industry. It was incorporated on 18 July 2011 (15+ years old) and is registered under CIN U50404GJ2011PTC066389.
Varmech Mobility reported revenue of ₹19.54 Lakh for FY 2019 (up 57% YoY).
Varmech Mobility has 2 current directors:
- Shaan Prakash Varma - Director
- Manju Prakash Verma - Director
Varmech Mobility reported a net profit of ₹85,347 (net margin 4.4%) and EBITDA of ₹3.83 Lakh (EBITDA margin 19.6%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varmech Mobility is 95% over three years. In the latest year (FY 2019) revenue rose 57%. CAGR is the steady yearly rate that links the first and the last year.
No. Varmech Mobility has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Varmech Mobility is U50404GJ2011PTC066389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varmech Mobility was incorporated on 18 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Varmech Mobility by revenue are Avyom Foodtech Private Limited, Horizon Study Circle Private Limited, Magicka Global Private Limited, Workhelp 24 Educational Services Private Limited, Gapa Education LLP and 5 more, all in the Education industry (Corporate and Commercial Training).
Manju Prakash Verma was appointed as Director on 18 Jul 2011. Shaan Prakash Varma was appointed as Director on 18 Jul 2011.
Yes, Varmech Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).