Varundev Overseas Pvt Ltd
About Varundev Overseas Pvt Ltd
Data last updated:
Varundev Overseas Pvt Ltd is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1995PTC025802. Its GSTIN is 24AAACV8077H1Z4 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.59 Lakh. It is led by directors including Neelam Thakkar (Managing Director) and Surendrakumar Thakkar (Managing Director).
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 2086 Adarsh Market 1 Ringroad, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.71 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net profit of ₹11.01 Lakh (net margin 0.8%) and EBITDA of ₹43.74 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address2086 Adarsh Market 1 Ringroad, Surat, Gujarat, India – 395002
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
Business Activity of Varundev Overseas Pvt Ltd
The main business activity of Varundev Overseas is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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.
Financials of Varundev Overseas Pvt Ltd FY 2025 filings available
Varundev Overseas Pvt Ltd reported revenue of ₹13.71 Cr (up 104% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Varundev Overseas Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 104% growth in the latest year. EBITDA rose 115% 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 Varundev Overseas Pvt Ltd
| 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 | ₹43.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.01 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 of Varundev Overseas Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Varundev Overseas are in the company report.
Financial statements from 2015
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.
Peer Comparison of Varundev Overseas Pvt Ltd
Varundev Overseas Pvt Ltd is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maharashtra Emporium Pvt Ltd | ₹13.77 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Nagpur, Maharashtra, India |
| Samo Impex Private Limited | ₹13.77 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Mumbai, Maharashtra, India |
| Shree Vishwanath Sarees Private Limited | ₹13.76 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Varanasi, Uttar Pradesh, India |
| Amit Prints Pvt Ltd | ₹13.73 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Surat, Gujarat, India |
| Tayal Garments Private Limited | ₹13.72 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Ranchi, Jharkhand, India |
| Varundev Overseas Pvt Ltd this company | ₹13.71 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Surat, Gujarat, India |
| Fabex Fabrics Private Limited | ₹13.68 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Osia Exim Private Limited | ₹13.67 Cr (FY 2020) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| Dee Gee Impex Private Limited | ₹13.67 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Delhi, India |
| Bently Fabrics Private Limited | ₹13.62 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Hygntex Private Limited | ₹13.62 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Varundev Overseas by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Varundev Overseas Pvt Ltd
Varundev Overseas Pvt Ltd is audited by Deswal & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deswal & 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 Varundev Overseas Pvt Ltd
Varundev Overseas has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaykumar Madanlal Thakkar | Director | 13 Jun 2024 | 2 Years 3 Months | Current |
| Neelam Thakkar | Managing Director | 09 May 1995 | 31 Years 5 Months | Current |
| Surendrakumar Thakkar | Managing Director | 15 Dec 2012 | 13 Years 9 Months | Current |
| Shanu Surendrakumar Thakkar | Whole-Time Director | 20 Mar 2015 | 11 Years 6 Months | Current |
| Geeta Thakkar | Director | 13 Jun 2024 | 2 Years 3 Months | Current |
Ownership and Shareholding of Varundev Overseas Pvt Ltd
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 Varundev Overseas Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2023 | Others | ₹3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Varundev Overseas Pvt Ltd
Employment history and EPFO contributions of people linked to Varundev Overseas.
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.
Recent Activity on Varundev Overseas Pvt Ltd
Varundev Overseas Pvt Ltd has 9 board changes on record since 1995: 5 appointments and 4 cessations. The latest: Ajaykumar Madanlal Thakkar was appointed as Director on 13 Jun 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varundev Overseas Pvt Ltd
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 Varundev Overseas Pvt Ltd
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 Varundev Overseas Pvt Ltd
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.
GST Compliance of Varundev Overseas Pvt Ltd
Varundev Overseas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV8077H1Z4 | Gujarat | Active | 06 Jul 2017 |
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.
MCA Filings & Documents of Varundev Overseas Pvt Ltd
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.
Frequently Asked Questions about Varundev Overseas Pvt Ltd
Varundev Overseas is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 May 1995 (31+ years old) and is registered under CIN U51909GJ1995PTC025802.
Varundev Overseas reported revenue of ₹13.71 Cr for FY 2025 (up 104% YoY).
Varundev Overseas has 5 current directors:
- Neelam Thakkar - Managing Director
- Surendrakumar Thakkar - Managing Director
- Shanu Surendrakumar Thakkar - Whole-Time Director
- Ajaykumar Madanlal Thakkar - Director
- Geeta Thakkar - Director
Varundev Overseas reported a net profit of ₹11.01 Lakh (net margin 0.8%) and EBITDA of ₹43.74 Lakh (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varundev Overseas is 40% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 104%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varundev Overseas is 24AAACV8077H1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Varundev Overseas is U51909GJ1995PTC025802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varundev Overseas was incorporated on 09 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Varundev Overseas by revenue are Maharashtra Emporium Pvt Ltd, Samo Impex Private Limited, Shree Vishwanath Sarees Private Limited, Amit Prints Pvt Ltd, Tayal Garments Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Ajaykumar Madanlal Thakkar was appointed as Director on 13 Jun 2024. Geeta Thakkar was appointed as Director on 13 Jun 2024. Shanu Surendrakumar Thakkar ceased to be Director on 16 Feb 2018. Varundev Overseas has 9 board changes on record in total.
The registered office of Varundev Overseas is at 2086 Adarsh Market 1 Ringroad, Surat, Gujarat, India – 395002.