MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0109765
Varmine Spaces Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.9 Cr
▲ 124% YoY
Net profit · FY 2025
₹33.97 Lakh
Net margin 8.7%
EBITDA · FY 2025
₹64.81 Lakh
EBITDA margin 16.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Varmine Spaces Private Limited
Data last updated:
Varmine Spaces Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2019PTC126934. Its GSTIN is 29AAHCV0515H1ZC (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ramprit Roy and Saurav Kumar Roy.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.9 Cr, a growth of 124% compared to the previous year. For the same year it recorded a net profit of ₹33.97 Lakh (net margin 8.7%) and EBITDA of ₹64.81 Lakh (EBITDA margin 16.6%).
Varmine Spaces Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0109765). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varmine.com.
Company Details of Varmine Spaces Private Limited
CIN U70109KA2019PTC126934
Registration Number 126934
Incorporation Date 08 August 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0109765
Key People
Ramprit Roy Director Saurav Kumar Roy Director Recognitions & Rankings of Varmine Spaces
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 151 Moksha Mansion 4th Floor, Sarjapur Road, Bangalore, Karnataka, India – 560034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
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Business Activity of Varmine Spaces Private Limited
The main business activity of Varmine Spaces is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
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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 Varmine Spaces Private Limited FY 2025 filings available
Varmine Spaces Private Limited reported revenue of ₹3.9 Cr (up 124% YoY) for FY 2025.
Revenue · FY 2025
₹3.9 Cr ▲ 124%
Net profit · FY 2025
₹33.97 Lakh margin 8.7%
EBITDA · FY 2025
₹64.81 Lakh margin 16.6%
Compounded Annual Growth Rate (CAGR) of Varmine Spaces Private Limited
Revenue CAGR growth
1 year
▲ 124%
EBITDA CAGR growth
1 year
▲ 415%
3 years · compounded
▲ 248%
Revenue rose 124% in the latest year. EBITDA rose 415% 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 Varmine Spaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹64.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.97 Lakh | •••• | •••• | •••• | •••• |
| 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 Varmine Spaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.7% | •••• | •••• | •••• | •••• |
| 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 Varmine Spaces are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Varmine Spaces Private Limited
Varmine Spaces has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramprit Roy | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
| Saurav Kumar Roy Also directs: Imbedded Automations LLP | Director | 08 Aug 2019 | 7 Years 2 Months | Current |
Peer Comparison of Varmine Spaces Private Limited
Varmine Spaces Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Keshav Buildprop Private Limited | ₹3.9 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Mooncab Power Products Private Limited | ₹3.9 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | New Delhi, Delhi, India |
| Vca Projects and Interiors Private Limited | ₹3.9 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Hyderabad, Telangana, India |
| Art Sales and Trading Private Limited | ₹3.9 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | Kalyan, Maharashtra, India |
| Shubham Buildup Private Limited | ₹3.9 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | New Delhi, Delhi, India |
| Varmine Spaces Private Limited this company | ₹3.9 Cr (FY 2025) | •••• | •••• | 124.0% | •••• | Bangalore, Karnataka, India |
| Raj Abhijna Property Developers Private Limited | ₹3.9 Cr (FY 2025) | •••• | •••• | 1954.0% | •••• | Mysore, Karnataka, India |
| Stanford Operations & Maintenance Private Limited | ₹3.9 Cr (FY 2025) | •••• | •••• | 392.0% | •••• | Ahmedabad, Gujarat, India |
| Raghunath International Limited. Listed | ₹3.9 Cr (FY 2025) | •••• | •••• | 368.0% | •••• | Kanpur, Uttar Pradesh, India |
| Alturas Infra Private Limited | ₹3.9 Cr (FY 2024) | •••• | •••• | -68.0% | •••• | Chennai, Tamil Nadu, India |
| Lokhandwala Estates and Development Company Private Limited | ₹3.89 Cr (FY 2025) | •••• | •••• | -94.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Varmine Spaces by revenue in the Real Estate industry (Builders and Developers), 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 Varmine Spaces Private Limited
Varmine Spaces Private Limited is audited by NAND KISHORE TULSYAN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAND KISHORE TULSYAN | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Varmine Spaces Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Varmine Spaces Private Limited
Varmine Spaces Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Varmine Spaces Private Limited
Employment history and EPFO contributions of people linked to Varmine Spaces.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Varmine Spaces Private Limited
Varmine Spaces Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Atul Kumar Viresh Kumar Sinha ceased to be Director on 10 Aug 2023.
AGM
Varmine Spaces Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varmine Spaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Atul Kumar Viresh Kumar Sinha ceased to be Director.
Appointed
Ramprit Roy was appointed as Director.
Ceased
Roshan Chacko ceased to be Director.
Appointed
Saurav Kumar Roy was appointed as Director.
Incorporation
08 Aug 2019
Varmine Spaces Private Limited was registered on 08 Aug 2019 with Roc Bangalore & aged 7 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Varmine Spaces Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Varmine Spaces Private Limited
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Subsidiaries & Group Companies of Varmine Spaces Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Varmine Spaces Private Limited
Varmine Spaces has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCV0515H1ZC | Karnataka | Active | 06 Jan 2020 |
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MCA Filings & Documents of Varmine Spaces Private Limited
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Frequently Asked Questions about Varmine Spaces Private Limited
Varmine Spaces is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 August 2019 (7+ years old) and is registered under CIN U70109KA2019PTC126934.
Varmine Spaces reported revenue of ₹3.9 Cr for FY 2025 (up 124% YoY).
Varmine Spaces has 2 current directors:
- Ramprit Roy - Director
- Saurav Kumar Roy - Director
Varmine Spaces reported a net profit of ₹33.97 Lakh (net margin 8.7%) and EBITDA of ₹64.81 Lakh (EBITDA margin 16.6%) for FY 2025, as per its filed financial statements.
The GSTIN of Varmine Spaces is 29AAHCV0515H1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Varmine Spaces is U70109KA2019PTC126934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varmine Spaces was incorporated on 08 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Varmine Spaces by revenue are Keshav Buildprop Private Limited, Mooncab Power Products Private Limited, Vca Projects and Interiors Private Limited, Art Sales and Trading Private Limited, Shubham Buildup Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Atul Kumar Viresh Kumar Sinha ceased to be Director on 10 Aug 2023. Ramprit Roy was appointed as Director on 10 Aug 2023. Roshan Chacko ceased to be Director on 26 Mar 2022. Varmine Spaces has 4 board changes on record in total.
Yes, Varmine Spaces is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0109765).
Varmine Spaces can be reached through the website varmine.com. Its registered office is in Bangalore, Karnataka, India.