About Varun Procon Private Limited
Data last updated:
Varun Procon Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 15 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45203GJ2015PTC083546. Its GSTIN is 24AAFCV1467Q2ZR (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Rambhai Kalidas Patel and Chirag Rambhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Royal House 1 Floor Radhanpur Char Rasta, Mehsana, Gujarat, India – 384002.
As per the financials filed for FY 2025, the company reported a revenue of ₹207.94 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹6.1 Cr (net margin 2.9%) and EBITDA of ₹14.39 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 47% over five years.
The company has about 281 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Varun Procon. As per MCA filings, the company has open charges of ₹87.53 Cr and satisfied charges of ₹4.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vpplindia.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRoyal House 1 Floor Radhanpur Char Rasta, Mehsana, Gujarat, India – 384002
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
- One PDF report, delivered after checkout
Associated Brands with Varun Procon Private Limited
Varun Procon operates one associated brand: Varun Procon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure development including roads, bridges, and housing projects in India. | vpplindia.in |
Competitors & Alternatives of Varun Procon Private Limited
Brands and companies operating in the same space as Varun Procon Private Limited include Godrej Properties, Marcus& Millichap, Vingroup and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Godrej Properties | Residential and commercial properties are developed by Godrej Properties. | Mumbai, India | 1990 |
 Marcus& Millichap | Real Estate Investment trust providing investment brokerage services. | Reno, United States | 1971 |
 Vingroup | Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam | 1993 |
 Howard Hughes | Residential and commercial properties are developed across the United States. | Dallas, United States | 2010 |
 DLF India | Provider of property and real estate development services | Gurugram, India | 1947 |
 Lendlease | Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia | 1958 |
 Sun Hung Kai Properties | Real estate properties are developed and managed in Hong Kong. | Hong Kong, China | 1997 |
 Frasers Property | Residential and commercial properties are developed and managed across regions. | Singapore | 1924 |
 Sunac | Residential and commercial real estate development is conducted by Sunac. | Shanghai, China | 2003 |
 STRABAG | Provider of construction management services | Vienna, Austria | 1835 |
Business Activity of Varun Procon Private Limited
The main business activity of Varun Procon is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Varun Procon Private Limited
Varun Procon Private Limited is audited by Ashvin K Yagnik & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashvin K Yagnik & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Varun Procon Private Limited
Varun Procon has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rambhai Kalidas Patel | Director | 25 Apr 2025 | 1 Years 5 Months | Current |
| Chirag Rambhai Patel Also directs: Bhargav Charity Foundation | Director | 28 Aug 2015 | 11 Years 1 Months | Current |
Financials of Varun Procon Private Limited FY 2024 filings available
Varun Procon Private Limited reported revenue of ₹207.94 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Varun Procon Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 47%. EBITDA rose 16% 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 of Varun Procon Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.39 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.1 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Varun Procon Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Varun Procon are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Varun Procon Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Varun Procon Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Nov 2025 | Others | ₹20 Cr | Open |
| 03 Jul 2025 | Others | ₹1.05 Cr | Open |
| 03 Jul 2025 | Others | ₹10.37 Lakh | Open |
| 30 Jun 2025 | Others | ₹7.88 Lakh | Open |
| 30 Jun 2025 | Others | ₹82.04 Lakh | Open |
Total charge records: 20 View all charges
Employees and EPFO Compliance at Varun Procon Private Limited
Varun Procon Private Limited has a workforce of 281 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Varun Procon Private Limited
Varun Procon has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV1467Q2ZR | Gujarat | Active | 01 Jul 2017 |
| 23AAFCV1467Q1ZU | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAFCV1467Q1ZM | Maharashtra | Active | 25 Feb 2019 |
| 04AAFCV1467Q1ZU | Chandigarh | Active | 08 Aug 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Varun Procon Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Varun Procon Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Varun Procon Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Varun Procon Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Varun Procon Private Limited
Frequently Asked Questions about Varun Procon Private Limited
Varun Procon is an active private limited company based in Mehsana, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 15 June 2015 (11+ years old) and is registered under CIN U45203GJ2015PTC083546.
Varun Procon reported revenue of ₹207.94 Cr for FY 2025 (down 16% YoY).
Varun Procon has 2 current directors:
- Rambhai Kalidas Patel - Director
- Chirag Rambhai Patel - Director
Varun Procon reported a net profit of ₹6.1 Cr (net margin 2.9%) and EBITDA of ₹14.39 Cr (EBITDA margin 6.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varun Procon is 42% over three years and 47% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varun Procon is 24AAFCV1467Q2ZR, registered in Gujarat. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAFCV1467Q1ZU (Madhya Pradesh), 27AAFCV1467Q1ZM (Maharashtra), 04AAFCV1467Q1ZU (Chandigarh).
The CIN (Corporate Identification Number) of Varun Procon is U45203GJ2015PTC083546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Procon was incorporated on 15 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Varun Procon can be reached through the website vpplindia.in. Its registered office is in Mehsana, Gujarat, India.