About Varup Technologies Private Limited
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Varup Technologies Private Limited is a private limited company based in Banagalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC135459. Its GSTIN is 29AAHCV4451A1ZF (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Purav Sharma Sukhendr Sharma and Anil Kumar Pati.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 3rd Floor Raj Pinnacle Phase 1 6th Cross Doddanekundi Industrial Area, Banagalore, Karnataka, India – 560048.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.23 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹7.07 Lakh (net margin -97.9%) and EBITDA of -₹6.49 Lakh (EBITDA margin -89.7%).
The company has about 2 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website varup.tech.
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- Registered Address3rd Floor Raj Pinnacle Phase 1 6th Cross Doddanekundi Industrial Area, Banagalore, Karnataka, India – 560048
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Varup Technologies Private Limited
The main business activity of Varup Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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.
Board of Directors of Varup Technologies Private Limited
Varup Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purav Sharma Sukhendr Sharma Also directs: Macooid IT Services LLP, Varup Services Private Limited | Director | 02 Jul 2020 | 6 Years 3 Months | Current |
| Anil Kumar Pati | Director | 02 Jul 2020 | 6 Years 3 Months | Current |
Financials of Varup Technologies Private Limited FY 2023 filings available
Varup Technologies Private Limited reported revenue of ₹7.23 Lakh (down 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Varup Technologies Private Limited
Revenue fell 27% in the latest year. EBITDA fell 671% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Varup Technologies Private Limited
| Metrics | 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 | -₹6.49 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.07 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 Varup Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -89.7% | •••• | •••• |
| Net Profit Margin | -97.9% | •••• | •••• |
| 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 Varup Technologies are in the company report.
Financial statements from FY 2021
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 Varup Technologies 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 Varup Technologies Private Limited
Varup Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Varup Technologies Private Limited
Employment history and EPFO contributions of people linked to Varup Technologies.
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 Varup Technologies Private Limited
Varup Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCV4451A1ZF | Karnataka | Active | 08 Aug 2020 |
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 Varup Technologies 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 Varup Technologies 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 Varup Technologies 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 Varup Technologies 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 Varup Technologies Private Limited
Frequently Asked Questions about Varup Technologies Private Limited
Varup Technologies is an active private limited company based in Banagalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 July 2020 (6+ years old) and is registered under CIN U74999KA2020PTC135459.
Varup Technologies reported revenue of ₹7.23 Lakh for FY 2023 (down 27% YoY).
Varup Technologies has 2 current directors:
- Purav Sharma Sukhendr Sharma - Director
- Anil Kumar Pati - Director
Varup Technologies reported a net loss of ₹7.07 Lakh (net margin -97.9%) and EBITDA of -₹6.49 Lakh (EBITDA margin -89.7%) for FY 2023, as per its filed financial statements.
The GSTIN of Varup Technologies is 29AAHCV4451A1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Varup Technologies is U74999KA2020PTC135459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varup Technologies was incorporated on 02 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Varup Technologies can be reached through the website varup.tech. Its registered office is in Banagalore, Karnataka, India.
The registered office of Varup Technologies is at 3rd Floor Raj Pinnacle Phase 1 6th Cross Doddanekundi Industrial Area, Banagalore, Karnataka, India – 560048.