Varni Textiles Private Limited
About Varni Textiles Private Limited
Data last updated:
Varni Textiles Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2015PTC081698. Its GSTIN is 24AAECV9949C1Z3 (Gujarat).
The company has an authorised share capital of ₹87 Lakh and a paid-up capital of ₹61 Lakh. It is led by directors including Rekhaben Jivrajbhai Mavani and Nilamben Ishwarbhai Jasoliya.
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 146 – 150 Radheshyam Ind Est Siwan Sayan Road Olpad, Surat, Gujarat, India – 394130.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.47 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹6.97 Lakh (net margin -201%) and EBITDA of -₹4.43 Lakh (EBITDA margin -127.9%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 61% over five years.
As per MCA filings, the company has satisfied charges of ₹7.38 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varni Textiles Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address146 – 150 Radheshyam Ind Est Siwan Sayan Road Olpad, Surat, Gujarat, India – 394130
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Varni Textiles Private Limited, buy the company report.
- 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
Business activity
The main business activity of Varni Textiles is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Varni Textiles Private Limited, buy the company report.
Financials of Varni Textiles Private Limited
FY 2025 filings availableVarni Textiles Private Limited reported revenue of ₹3.47 Lakh (down 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 96% fall in the latest year. EBITDA fell 267% 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
| 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 | -₹4.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.97 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -127.9% | ||||
| Net Profit Margin | -201% | ||||
| 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 Textiles Private Limited, buy the company report.
Board of directors of Varni Textiles Private Limited
Varni Textiles has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekhaben Jivrajbhai Mavani | Director | 01 Jan 2015 | 11 Years 9 Months | Current |
| Nilamben Ishwarbhai Jasoliya | Director | 01 Jan 2015 | 11 Years 9 Months | Current |
| Alpaben Vijaybhai Jasoliya | Director | 01 Jan 2015 | 11 Years 9 Months | Current |
| Yogeshbhai Jivrajbhai Mavani | Director | 01 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Varni Textiles Private Limited is audited by D M S & VILKI ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D M S & VILKI ASSOCIATES | FY 2020 | 114299W |
Shareholding
The shareholding of Varni Textiles Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varni Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2015 | 10613060 | The Surat People'S Co Op Bank Ltd | ₹2 Cr | Satisfied | |
| 18 Dec 2015 | 10613246 | The Surat People'S Co Op Bank Ltd. | ₹1.47 Cr | Satisfied | |
| 18 Dec 2015 | 10613247 | The Surat People'S Co Op Bank Ltd | ₹3.91 Cr | Satisfied |
To see the full charge records of Varni Textiles Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Varni Textiles Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pali, Rajasthan | Civil miscellaneous application | Filed against the company | Disposed |
| District court, Pali, Rajasthan | Civil suit | Filed against the company | Disposed |
| District court, Pali, Rajasthan | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Pali, Rajasthan | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Varni Textiles Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varni Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varni Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV9949C1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varni Textiles Private Limited, buy the company report.
Recent activity
Varni Textiles Private Limited has 4 board changes on record since 2015: 4 appointments. The latest: Alpaben Vijaybhai Jasoliya was appointed as Director on 01 Jan 2015.
1 earlier event is in the company report.
Frequently asked questions
Varni Textiles is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 January 2015 (11+ years old) and is registered under CIN U17120GJ2015PTC081698.
Varni Textiles has 4 current directors:
- Rekhaben Jivrajbhai Mavani - Director
- Nilamben Ishwarbhai Jasoliya - Director
- Alpaben Vijaybhai Jasoliya - Director
- Yogeshbhai Jivrajbhai Mavani - Director
The latest financial statements of Varni Textiles 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 2015 are in the company report.
The GSTIN of Varni Textiles is 24AAECV9949C1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Varni Textiles is U17120GJ2015PTC081698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varni Textiles has 4 court cases on record: 4 filed against it.
Varni Textiles was incorporated on 01 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alpaben Vijaybhai Jasoliya was appointed as Director on 01 Jan 2015. Nilamben Ishwarbhai Jasoliya was appointed as Director on 01 Jan 2015. Rekhaben Jivrajbhai Mavani was appointed as Director on 01 Jan 2015. Varni Textiles has 4 board changes on record in total.
The registered office of Varni Textiles is at 146 – 150 Radheshyam Ind Est Siwan Sayan Road Olpad, Surat, Gujarat, India – 394130.
Varni Textiles operates in the manufacturing industry, in the textile and fabric production segment.