MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0141973
Varn Extrusion Private Limited
Varn Extrusion Private Limited - engineering in Olpad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹51.49 Cr
▲ 233% YoY
Net profit · FY 2024
₹26.33 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹1.38 Cr
EBITDA margin 2.7%
Authorised capital
₹2.2 Cr
Registered with MCA
Paid-up capital
₹2.2 Cr
Issued & subscribed
Open charges
₹22.61 Cr
Satisfied ₹14.48 Cr
Company age
4 yrs
Est. 2022
Directors on board
4
As per MCA filings
About Varn Extrusion Private Limited
Data last updated:
Varn Extrusion Private Limited is a private limited company based in Olpad, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 11 February 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28990GJ2022PTC129297. Its GSTIN is 24AAICV5543L1ZY (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹2.2 Cr. It is led by directors including Vrajesh Ramnikbhai Vaghasiya and Arvindbhai Narsinhbhai Akbari.
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 Olpad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.33 Lakh (net margin 0.5%) and EBITDA of ₹1.38 Cr (EBITDA margin 2.7%).
As per MCA filings, the company has open charges of ₹22.61 Cr and satisfied charges of ₹14.48 Cr on record.
Varn Extrusion Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0141973). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28990GJ2022PTC129297
Registration Number 129297
Incorporation Date 11 February 2022
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-22-0141973
Key People
Vrajesh Ramnikbhai Vaghasiya Director Arvindbhai Narsinhbhai Akbari Director Ravindra Keshavbhai Sakariya Director Recognitions & Rankings of Varn Extrusion
Contact details
Varn Extrusion Private Limited's registered office is in Olpad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock 594/A Plot No. 71 To 86 Shivalay Ind Estate, B/H Khodiyar Petrol Pump Vill – Kosamba, Olpad, Gujarat, India – 394120
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Varn Extrusion Private Limited, buy the company report.
Comprehensive company report
Varn Extrusion Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Varn Extrusion is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Varn Extrusion Private Limited, buy the company report.
Financials of Varn Extrusion Private Limited
FY 2025 filings availableVarn Extrusion Private Limited reported revenue of ₹51.49 Cr (up 233% YoY) for FY 2024.
Revenue · FY 2024
₹51.49 Cr ▲ 233%
Net profit · FY 2024
₹26.33 Lakh margin 0.5%
EBITDA · FY 2024
₹1.38 Cr margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 233%
EBITDA CAGR growth
1 year
▲ 160%
Revenue rose 233% in the latest year. EBITDA rose 160% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹51.49 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.38 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹26.33 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.7% | ||
| Net Profit Margin | 0.5% | ||
| 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 | |||
To see the full financial statements and ratios of Varn Extrusion Private Limited, buy the company report.
Board of directors of Varn Extrusion Private Limited
Varn Extrusion has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vrajesh Ramnikbhai Vaghasiya | Director | 15 Jun 2022 | 4 Years 4 Months | Current |
| Arvindbhai Narsinhbhai Akbari Also directs: Solance Extrusion Private Limited | Director | 11 Feb 2022 | 4 Years 8 Months | Current |
| Ravindra Keshavbhai Sakariya | Director | 11 Feb 2022 | 4 Years 8 Months | Current |
| Navnit Parshotambhai Kakadiya | Director | 11 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Varn Extrusion Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tech Aic Dri Pellets Private Limited | ₹52.01 Cr (FY 2025) | 15071.0% | Kolkata, West Bengal, India | |||
| Varn Extrusion Private Limitedthis company | ₹51.49 Cr (FY 2024) | ₹26.33 Lakh | 0.5% | 233.0% | Olpad, Gujarat, India | |
| Mauli Cast Tech Private Limited | ₹51.31 Cr (FY 2025) | 889.0% | Aurangabad, Maharashtra, India | |||
| S. L. Ispat Private Limited | ₹51.12 Cr (FY 2024) | 23.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Varn Extrusion Private Limited, buy the company report.
Auditor
Varn Extrusion Private Limited is audited by GOYAL RATHI & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOYAL RATHI & ASSOCIATES | FY 2024 | 139190W |
Shareholding
The shareholding of Varn Extrusion Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varn Extrusion Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.61 Cr
Satisfied charges
₹14.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2024 | 101035660 | Others | ₹4.95 Cr | Open | |
| 18 Nov 2024 | 101022451 | Others | ₹91.5 Lakh | Open | |
| 28 May 2024 | 100957082 | Others | ₹1.35 Cr | Open | |
| 28 May 2024 | 100957423 | Others | ₹1.11 Cr | Open | |
| 28 May 2024 | 100957430 | Others | ₹2.66 Cr | Open |
To see the full charge records of Varn Extrusion Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Varn Extrusion 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 Varn Extrusion Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varn Extrusion Private Limited has 1 active EPFO establishment as of Jan 26, 2025.
Active EPFO establishments
1
GST
Varn Extrusion has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICV5543L1ZY | Gujarat | Active | 25 Feb 2022 |
| 24AAICV5543L1D7 | Gujarat | Active | 09 Nov 2024 |
| 24AAICV5543L2ZX | Gujarat | Active | 13 Dec 2024 |
To see the full GST registrations and return filing status of Varn Extrusion Private Limited, buy the company report.
Recent activity
Varn Extrusion Private Limited has 5 board changes on record since 2022: 4 appointments and 1 cessation. The latest: Vrajesh Ramnikbhai Vaghasiya ceased to be Additional Director on 19 Dec 2022.
AGM
Varn Extrusion Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varn Extrusion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 4.95 Cr registered on 30 Dec 2024 with Charge ID 101035660 was modified on 04 Jan 2025.
Charges
A charge with Others of Rs. 7.00 Cr registered on 22 Feb 2024 with Charge ID 100884535 was modified on 04 Jan 2025.
Charges
A charge with Others amounted to Rs. 4.95 Cr with Charge ID 101035660 was registered on 30 Dec 2024.
Charges
A charge with Others of Rs. 0.92 Cr registered on 18 Nov 2024 with Charge ID 101022451 was modified on 19 Nov 2024.
Charges
A charge with Others amounted to Rs. 0.92 Cr with Charge ID 101022451 was registered on 18 Nov 2024.
Charges
A charge with Others amounted to Rs. 1.35 Cr with Charge ID 100957082 was registered on 28 May 2024.
Charges
A charge with Others amounted to Rs. 1.11 Cr with Charge ID 100957423 was registered on 28 May 2024.
Charges
A charge with Others amounted to Rs. 2.66 Cr with Charge ID 100957430 was registered on 28 May 2024.
Charges
A charge with Others of Rs. 1.74 Cr registered on 22 Feb 2024 with Charge ID 100884547 was modified on 28 May 2024.
Charges
A charge with Others of Rs. 2.90 Cr registered on 22 Feb 2024 with Charge ID 100884554 was modified on 28 May 2024.
15 earlier events are in the company report.
Frequently asked questions
Varn Extrusion is an active private limited company based in Olpad, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 11 February 2022 (4+ years old) and is registered under CIN U28990GJ2022PTC129297.
Varn Extrusion has 4 current directors:
- Vrajesh Ramnikbhai Vaghasiya - Director
- Arvindbhai Narsinhbhai Akbari - Director
- Ravindra Keshavbhai Sakariya - Director
- Navnit Parshotambhai Kakadiya - Director
The latest financial statements of Varn Extrusion 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 FY 2022 are in the company report.
The GSTIN of Varn Extrusion is 24AAICV5543L1ZY, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAICV5543L1D7 (Gujarat), 24AAICV5543L2ZX (Gujarat).
The CIN (Corporate Identification Number) of Varn Extrusion is U28990GJ2022PTC129297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varn Extrusion was incorporated on 11 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Varn Extrusion by revenue are Tech Aic Dri Pellets Private Limited, Mauli Cast Tech Private Limited, S. L. Ispat Private Limited, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Vrajesh Ramnikbhai Vaghasiya ceased to be Additional Director on 19 Dec 2022. Vrajesh Ramnikbhai Vaghasiya was appointed as Director on 15 Jun 2022. Arvindbhai Narsinhbhai Akbari was appointed as Director on 11 Feb 2022. Varn Extrusion has 5 board changes on record in total.
Yes, Varn Extrusion is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0141973).
The registered office of Varn Extrusion is at Block 594A Plot No. 71 To 86 Shivalay Ind Estate, BH Khodiyar Petrol Pump Vill – Kosamba, Olpad, Gujarat, India – 394120.
Varn Extrusion operates in the engineering industry, in the metal foundry and fabrication services segment.
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