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Varni Digital Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.32 Cr
▲ 149% YoY
Net profit · FY 2024
₹86.91 Lakh
Net margin 10.4%
EBITDA · FY 2024
₹1.2 Cr
EBITDA margin 14.4%
Authorised capital
₹1.8 Lakh
Registered with MCA
Paid-up capital
₹1.8 Lakh
Issued & subscribed
Open charges
₹35.74 Lakh
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
29
Provident fund records
About Varni Digital Private Limited
Data last updated:
Varni Digital Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 24 May 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2022PTC132312. Its GSTIN is 24AAICV7600E1ZJ (Gujarat).
The company has an authorised share capital of ₹1.8 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors including Harshitkumar Jitendrabhai Patel and Hitesh Dhirajlal Gohel.
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 GF – 04 Gajanand Heights Darbar Chokdi Manjalpur, Vadodara, Gujarat, India – 390011.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.32 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net profit of ₹86.91 Lakh (net margin 10.4%) and EBITDA of ₹1.2 Cr (EBITDA margin 14.4%).
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varni Digital. As per MCA filings, the company has open charges of ₹35.74 Lakh on record.
Varni Digital Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0069594). For more details, the company can be reached via its website varnidigital.in.
Company details
CIN U31900GJ2022PTC132312
Registration Number 132312
Incorporation Date 24 May 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0069594
Key People
Harshitkumar Jitendrabhai Patel Director Hitesh Dhirajlal Gohel Director Ankitkumar Bhikhabhai Sohliya Director Recognitions & Rankings of Varni Digital
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-24-0069594
Contact details
Varni Digital Private Limited's registered office is in Vadodara, Gujarat. Its website is varnidigital.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGF – 04 Gajanand Heights Darbar Chokdi Manjalpur, Vadodara, Gujarat, India – 390011
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Varni Digital Private Limited, buy the company report.
Comprehensive company report
Varni Digital 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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Brands
Varni Digital operates one associated brand: Varni Digital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive solutions for smart switches and related technologies. | varnidigital.in |
Business activity
The main business activity of Varni Digital is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Varni Digital Private Limited, buy the company report.
Financials of Varni Digital Private Limited
FY 2025 filings availableVarni Digital Private Limited reported revenue of ₹8.32 Cr (up 149% YoY) for FY 2024.
Revenue · FY 2024
₹8.32 Cr ▲ 149%
Net profit · FY 2024
₹86.91 Lakh margin 10.4%
EBITDA · FY 2024
₹1.2 Cr margin 14.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 149%
EBITDA CAGR growth
1 year
▲ 694%
Revenue rose 149% in the latest year. EBITDA rose 694% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹1.2 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹86.91 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.4% | |
| Net Profit Margin | 10.4% | |
| 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 | ||
To see the full financial statements and ratios of Varni Digital Private Limited, buy the company report.
Board of directors of Varni Digital Private Limited
Varni Digital has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshitkumar Jitendrabhai Patel | Director | 24 May 2022 | 4 Years 5 Months | Current |
| Hitesh Dhirajlal Gohel | Director | 24 May 2022 | 4 Years 5 Months | Current |
| Ankitkumar Bhikhabhai Sohliya | Director | 24 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Varni Digital Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varni Digital Private Limitedthis company | ₹8.32 Cr (FY 2024) | ₹86.91 Lakh | 10.4% | 149.0% | 29 | Vadodara, Gujarat, India |
| Podrain Electronics Private Limited | ₹8.3 Cr (FY 2024) | -13.0% | Bangalore, Karnataka, India | |||
| Amdoit Technologies Private Limited | ₹8.29 Cr (FY 2025) | 107.0% | Bhosari, Maharashtra, India | |||
| Yu Technologies Private Limited | ₹8.24 Cr (FY 2025) | -34.0% | Sangli, Maharashtra, India |
To see the full peer comparison of Varni Digital Private Limited, buy the company report.
Auditor
Varni Digital Private Limited is audited by SANJAY C. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY C. SHAH & CO. | FY 2023 | 112000W |
Shareholding
The shareholding of Varni Digital Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Varni Digital Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.74 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2024 | 100898615 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 01 Jun 2023 | 100731853 | Hdfc Bank Limited | ₹11.74 Lakh | Open | |
| 05 Nov 2022 | 100647274 | Hdfc Bank Limited | ₹12 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Varni Digital 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 Varni Digital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varni Digital Private Limited has a workforce of 29 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
26.09%
GST
Varni Digital has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICV7600E1ZJ | Gujarat | Active | 31 May 2022 |
To see the full GST registrations and return filing status of Varni Digital Private Limited, buy the company report.
Recent activity
Varni Digital Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Ankitkumar Bhikhabhai Sohliya was appointed as Director on 24 May 2022.
AGM
Varni Digital Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varni Digital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 100898615 was registered on 18 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.74 Lakh with Charge ID 100731853 was registered on 01 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 100647274 was registered on 05 Nov 2022.
Appointed
Ankitkumar Bhikhabhai Sohliya was appointed as Director.
Appointed
Harshitkumar Jitendrabhai Patel was appointed as Director.
Appointed
Hitesh Dhirajlal Gohel was appointed as Director.
Incorporation
24 May 2022
Varni Digital Private Limited was registered on 24 May 2022 with Roc Ahmedabad & aged 4 years 5 months as per MCA records.
Frequently asked questions
Varni Digital is an active private limited company based in Vadodara, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 24 May 2022 (4+ years old) and is registered under CIN U31900GJ2022PTC132312.
Varni Digital has 3 current directors:
- Harshitkumar Jitendrabhai Patel - Director
- Hitesh Dhirajlal Gohel - Director
- Ankitkumar Bhikhabhai Sohliya - Director
The latest financial statements of Varni Digital 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 2023 are in the company report.
The GSTIN of Varni Digital is 24AAICV7600E1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Varni Digital is U31900GJ2022PTC132312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varni Digital was incorporated on 24 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Varni Digital by revenue are Podrain Electronics Private Limited, Amdoit Technologies Private Limited, Yu Technologies Private Limited, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ankitkumar Bhikhabhai Sohliya was appointed as Director on 24 May 2022. Harshitkumar Jitendrabhai Patel was appointed as Director on 24 May 2022. Hitesh Dhirajlal Gohel was appointed as Director on 24 May 2022.
Yes, Varni Digital is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Varni Digital is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0069594).
Varni Digital can be reached through the website varnidigital.in. Its registered office is in Vadodara, Gujarat, India.
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