Varshine Retails Private Limited
About Varshine Retails Private Limited
Data last updated:
Varshine Retails Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It was incorporated on 04 July 2023.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U46411TN2023PTC161646. Its GSTIN is 36AAJCV4958Q1Z9 (Telangana).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Thusma Sethuram Ramkarthe and Thusma Sethuram Rambhilash Baabu.
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 Madurai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.19 Lakh (net margin -1.6%) and EBITDA of -₹5.81 Lakh (EBITDA margin -1.5%).
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
Contact details
Varshine Retails Private Limited's registered office is in Madurai, Tamil Nadu.
- Registered AddressP.No 9/3/6A K.K.Nagar, Deputy Collector Colony, Madurai, Tamil Nadu, India – 625020
- 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 Varshine Retails is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Varshine Retails Private Limited, buy the company report.
Financials of Varshine Retails Private Limited
FY 2025 filings availableVarshine Retails Private Limited reported revenue of ₹3.88 Cr (up 3854% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
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| Revenue from Operations | ||
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| Total Expenses | ||
| EBITDA | -₹5.81 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹6.19 Lakh | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.5% | |
| Net Profit Margin | -1.6% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Varshine Retails Private Limited, buy the company report.
Board of directors of Varshine Retails Private Limited
Varshine Retails has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thusma Sethuram Ramkarthe | Director | 04 Jul 2023 | 3 Years 3 Months | Current |
| Thusma Sethuram Rambhilash Baabu | Director | 04 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Varshine Retails Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intact Uniforms Private Limited | ₹3.92 Cr (FY 2025) | 35.0% | New Delhi, Delhi, India | |||
| Tatiya Textiles Private Limited | ₹3.92 Cr (FY 2025) | 2546.0% | Nandurbar, Maharashtra, India | |||
| Chendur Dress Manufacturers P.Ltd. | ₹3.9 Cr (FY 2024) | 24.0% | Navi Mumbai, Maharashtra, India | |||
| Jyoti Cooling Towers Private Limited | ₹3.89 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Boxcraft Technologies Private Limited | ₹3.89 Cr (FY 2024) | 80.0% | Haryana, India | |||
| Varshine Retails Private Limitedthis company | ₹3.88 Cr (FY 2025) | -₹6.19 Lakh | -1.6% | 3854.0% | Madurai, Tamil Nadu, India | |
| Meddis Garments Private Limited | ₹3.82 Cr (FY 2025) | 35.0% | Kottayam, Kerala, India | |||
| J U Electro Systems Private Limited | ₹3.81 Cr (FY 2024) | 58.0% | Palghar, Maharashtra, India | |||
| ZS Educations Private Limited | ₹3.79 Cr (FY 2025) | 12.0% | Delhi, India | |||
| CKV Textile Private Limited | ₹3.77 Cr (FY 2024) | Kalyan, Maharashtra, India | ||||
| Mavia Homes Private Limited | ₹3.77 Cr (FY 2025) | -51.0% | Delhi, India |
To see the full peer comparison of Varshine Retails Private Limited, buy the company report.
Legal cases
Varshine Retails Private Limited has 1 court case on record: 1 filed by Varshine Retails. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Varshine Retails 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 Varshine Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varshine Retails has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCV4958Q1Z9 | Telangana | Active | 29 Aug 2023 |
To see the full GST registrations and return filing status of Varshine Retails Private Limited, buy the company report.
Recent activity
Varshine Retails Private Limited has 3 board changes on record since 2023: 2 appointments and 1 cessation. The latest: Thusma Sethuram Ram Kishori Babu ceased to be Director on 07 Oct 2024.
Frequently asked questions
Varshine Retails is an active private limited company based in Madurai, Tamil Nadu, India. It was incorporated on 04 July 2023 (3+ years old) and is registered under CIN U46411TN2023PTC161646.
Varshine Retails has 2 current directors:
- Thusma Sethuram Ramkarthe - Director
- Thusma Sethuram Rambhilash Baabu - Director
The latest financial statements of Varshine Retails 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 2024 are in the company report.
The GSTIN of Varshine Retails is 36AAJCV4958Q1Z9, registered in Telangana.
The CIN (Corporate Identification Number) of Varshine Retails is U46411TN2023PTC161646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varshine Retails has 1 court case on record: 1 filed by the company. 1 is pending.
Varshine Retails was incorporated on 04 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Varshine Retails by revenue are Intact Uniforms Private Limited, Tatiya Textiles Private Limited, Chendur Dress Manufacturers P.Ltd, Jyoti Cooling Towers Private Limited, Boxcraft Technologies Private Limited and 5 more, all in the same principal business activity (manufacture of textiles).
Thusma Sethuram Ram Kishori Babu ceased to be Director on 07 Oct 2024. Thusma Sethuram Rambhilash Baabu was appointed as Director on 04 Jul 2023. Thusma Sethuram Ramkarthe was appointed as Director on 04 Jul 2023.
The registered office of Varshine Retails is at P.No 936A K.K.Nagar, Deputy Collector Colony, Madurai, Tamil Nadu, India – 625020.
Varshine Retails can be reached at its registered office: P.No 936A K.K.Nagar, Deputy Collector Colony, Madurai, Tamil Nadu, India – 625020.