Varun Developers Private Limited
About Varun Developers Private Limited
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Varun Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH1996PTC098721.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Gopal Nathmal Agrawal and Rumit Gopal Agrawal.
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 75 Indrmati Niwas Oppioc Wadald Antop Hill, Mumbai, Maharashtra, India – 400037.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr. For the same year it recorded a net loss of ₹25.97 Lakh (net margin -16.5%) and EBITDA of -₹10.35 Lakh (EBITDA margin -6.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹53 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varun Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address75 Indrmati Niwas Oppioc Wadald Antop Hill, Mumbai, Maharashtra, India – 400037
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Varun Developers 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 Varun Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Varun Developers Private Limited, buy the company report.
Financials of Varun Developers Private Limited
FY 2025 filings availableVarun Developers Private Limited reported revenue of ₹1.58 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years. EBITDA fell 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹10.35 Lakh | ||||
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| Net Profit (PAT) | -₹25.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -6.6% | ||||
| Net Profit Margin | -16.5% | ||||
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To see the full financial statements and ratios of Varun Developers Private Limited, buy the company report.
Board of directors of Varun Developers Private Limited
Varun Developers has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Nathmal Agrawal Also directs: Panna Marine Private Limited | Director | 03 Aug 1998 | 28 Years 2 Months | Current |
| Rumit Gopal Agrawal | Director | 01 Jul 2003 | 23 Years 3 Months | Current |
| Ankit Gopal Agrawal Also directs: Fancy Fittings Limited | Director | 01 Jul 2003 | 23 Years 3 Months | Current |
| Aruna Gopal Agrawal Also directs: Panna Marine Private Limited | Director | 03 Aug 1998 | 28 Years 2 Months | Current |
Peer comparison
Varun Developers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neena Ventures Private Limited | ₹1.58 Cr (FY 2024) | 14.0% | Dehradun, Uttarakhand, India | |||
| Mid-Town Realty Private Limited | ₹1.58 Cr (FY 2022) | Mumbai, Maharashtra, India | ||||
| Varun Developers Private Limitedthis company | ₹1.58 Cr (FY 2024) | -₹25.97 Lakh | -16.5% | Mumbai, Maharashtra, India | ||
| Coromandel Cables Private Limited | ₹1.58 Cr (FY 2022) | 3.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Varun Developers Private Limited, buy the company report.
Auditor
Varun Developers Private Limited is audited by R A SURVE & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A SURVE & CO | FY 2016 | 114909W |
Shareholding
The shareholding of Varun Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Varun Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2004 | 90386289 | The Bharat Co- Op. Bank Ltd. | ₹50 Lakh | Open | |
| 27 Jan 1982 | 90377017 | State Bank of India | ₹3 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Varun Developers Private Limited has 4 court cases on record: 3 filed by Varun Developers, 1 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sambalpur, Odisha | Appeal | Filed by the company against an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Collector and Ceo,Sambalpur and Ors. and 4 others | Pending |
| District court, Sambalpur, Orissa | Civil suit | Filed against the company by an individual | Disposed |
| District court, Sambalpur, Orissa | Court case (R.F.A.) | Filed by the company against State of Odisha and 1 other | Disposed |
To see the full case history of Varun Developers 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 Varun Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Varun Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varun Developers Private Limited has 4 board changes on record since 1998: 4 appointments. The latest: Ankit Gopal Agrawal was appointed as Director on 01 Jul 2003.
Frequently asked questions
Varun Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 April 1996 (30+ years old) and is registered under CIN U45201MH1996PTC098721.
Varun Developers has 4 current directors:
- Gopal Nathmal Agrawal - Director
- Rumit Gopal Agrawal - Director
- Ankit Gopal Agrawal - Director
- Aruna Gopal Agrawal - Director
The latest financial statements of Varun Developers 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 CIN (Corporate Identification Number) of Varun Developers is U45201MH1996PTC098721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Developers has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Varun Developers was incorporated on 09 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Varun Developers by revenue are Neena Ventures Private Limited, Mid-Town Realty Private Limited, Coromandel Cables Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ankit Gopal Agrawal was appointed as Director on 01 Jul 2003. Rumit Gopal Agrawal was appointed as Director on 01 Jul 2003. Aruna Gopal Agrawal was appointed as Director on 03 Aug 1998. Varun Developers has 4 board changes on record in total.
The registered office of Varun Developers is at 75 Indrmati Niwas Oppioc Wadald Antop Hill, Mumbai, Maharashtra, India – 400037.
Varun Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Varun Developers has open charges of ₹53 Lakh and no satisfied charges on record as per latest MCA filings.