MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-GJ-01-0138509
Varniraj Industries Private Limited
Varniraj Industries Private Limited - fashion and textile in Jetpur, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹9.53 Cr
▼ 59.17% YoY
Net profit · FY 2021
₹30.99 Lakh
Net margin 3.3%
EBITDA · FY 2021
₹80.08 Lakh
EBITDA margin 8.4%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed
Open charges
₹3.88 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Varniraj Industries Private Limited
Data last updated:
Varniraj Industries Private Limited is a private limited company based in Jetpur, Gujarat, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 21 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2018PTC100933. Its GSTIN is 24AAGCV2970H1Z8 (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹70 Lakh. It is led by directors Viralkumar Ravjibhai Gajipara and Chintan Ravjibhai Gajipara.
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 C O. Shubh Laxmi Dye. Navagadh Tal. Jetpur, Gujarat, India – 360370.
As per the financials filed for FY 2021, the company reported a revenue of ₹9.53 Cr. For the same year it recorded a net profit of ₹30.99 Lakh (net margin 3.3%) and EBITDA of ₹80.08 Lakh (EBITDA margin 8.4%).
As per MCA filings, the company has open charges of ₹3.88 Cr on record.
Varniraj Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0138509).
Company details
CIN U17200GJ2018PTC100933
Registration Number 100933
Incorporation Date 21 February 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0138509
Recognitions & Rankings of Varniraj Industries
Contact details
Varniraj Industries Private Limited's registered office is in Jetpur, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC O. Shubh Laxmi Dye. Navagadh Tal. Jetpur, Gujarat, India – 360370
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Varniraj Industries Private Limited, buy the company report.
Comprehensive company report
Varniraj Industries 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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Financials of Varniraj Industries Private Limited
FY 2025 filings availableVarniraj Industries Private Limited reported revenue of ₹9.53 Cr for FY 2021.
Revenue · FY 2021
₹9.53 Cr
Net profit · FY 2021
₹30.99 Lakh margin 3.3%
EBITDA · FY 2021
₹80.08 Lakh margin 8.4%
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹9.53 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹80.08 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹30.99 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.4% | |||
| Net Profit Margin | 3.3% | |||
| 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 Varniraj Industries Private Limited, buy the company report.
Board of directors of Varniraj Industries Private Limited
Varniraj Industries 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 |
|---|---|---|---|---|
| Viralkumar Ravjibhai Gajipara Also directs: Varniraj Trends Private Limited, Varniraj Retails Private Limited, Varniraj Lifestyle Private Limited and 2 more | Director | 21 Feb 2018 | 8 Years 8 Months | Current |
| Chintan Ravjibhai Gajipara Also directs: Varniraj Online Store Private Limited | Director | 26 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Varniraj Industries Private Limited is audited by KARED & PANCHAL for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARED & PANCHAL | FY 2021 | 147751W |
Shareholding
The shareholding of Varniraj Industries Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Varniraj Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.88 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2020 | 100421199 | Canara Bank | ₹3.88 Cr | Open |
To see the full charge records of Varniraj Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Varniraj Industries 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 Varniraj Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varniraj Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCV2970H1Z8 | Gujarat | Active | 28 May 2018 |
To see the full GST registrations and return filing status of Varniraj Industries Private Limited, buy the company report.
Recent activity
Varniraj Industries Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Rakeshkumar Babulal Patoliya ceased to be Director on 25 Feb 2019.
AGM
Varniraj Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varniraj Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Canara Bank of Rs. 3.88 Cr registered on 30 Sep 2020 with Charge ID 100421199 was modified on 15 Dec 2021.
Charges
A charge with Canara Bank amounted to Rs. 3.88 Cr with Charge ID 100421199 was registered on 30 Sep 2020.
Ceased
Rakeshkumar Babulal Patoliya ceased to be Director.
Ceased
Sandipkumar Babulal Patoliya ceased to be Director.
Appointed
Chintan Ravjibhai Gajipara was appointed as Director.
Appointed
Viralkumar Ravjibhai Gajipara was appointed as Director.
Incorporation
21 Feb 2018
Varniraj Industries Private Limited was registered on 21 Feb 2018 with Roc Ahmedabad & aged 8 years 8 months as per MCA records.
Frequently asked questions
Varniraj Industries is an active private limited company based in Jetpur, Gujarat, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 21 February 2018 (8+ years old) and is registered under CIN U17200GJ2018PTC100933.
Varniraj Industries has 2 current directors:
- Viralkumar Ravjibhai Gajipara - Director
- Chintan Ravjibhai Gajipara - Director
The latest financial statements of Varniraj Industries 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 2018 are in the company report.
The GSTIN of Varniraj Industries is 24AAGCV2970H1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Varniraj Industries is U17200GJ2018PTC100933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varniraj Industries was incorporated on 21 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rakeshkumar Babulal Patoliya ceased to be Director on 25 Feb 2019. Sandipkumar Babulal Patoliya ceased to be Director on 25 Feb 2019. Chintan Ravjibhai Gajipara was appointed as Director on 26 Feb 2018. Varniraj Industries has 4 board changes on record in total.
Yes, Varniraj Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0138509).
The registered office of Varniraj Industries is at C O. Shubh Laxmi Dye. Navagadh Tal. Jetpur, Gujarat, India – 360370.
Varniraj Industries operates in the fashion and textile industry, in the traditional and ethnic wear segment.
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