Varvee Herbs Private Limited

Varvee Herbs Private Limited - chemicals in Visakhapatnam, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U36912AP2014PTC094121 Incorporated 22 May 2014 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Struck Off Private Limited Company chemicals
Data last updated
Revenue · FY 2018
₹3 Lakh
▼ 45% YoY
Net loss · FY 2018
₹3.28 Lakh
Net margin -109.4%
EBITDA · FY 2018
-₹52,082
EBITDA margin -17.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Last financials
Mar 2018
Balance sheet date

About Varvee Herbs Private Limited

Data last updated:

Varvee Herbs Private Limited was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the medicinal chemical and botanical products segment of the chemicals sector. It was incorporated on 22 May 2014.

The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U36912AP2014PTC094121.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Veeravenkata Nagavarma Vegesna and Harsha Singuluri.

Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Flat No Ff – 1 39 – 6 – 59/1/3 Indumathi Residency Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007.

As per the financials filed for FY 2018, the company reported a revenue of ₹3 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹3.28 Lakh (net margin -109.4%) and EBITDA of -₹52,082 (EBITDA margin -17.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.

Company details

CIN U36912AP2014PTC094121
Registration Number 094121
Incorporation Date 22 May 2014
ROC Vijayawada
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

Contact details

Varvee Herbs Private Limited's registered office is in Visakhapatnam, Andhra Pradesh.

  • Registered Address
    Flat No Ff – 1 39 – 6 – 59/1/3 Indumathi Residency Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007
  • Industry
    Chemicals, Medicinal Chemical & Botanical Products, Pharmaceuticals, Chemical Products
Comprehensive company report
Varvee Herbs Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Varvee Herbs is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Varvee Herbs Private Limited, buy the company report.

Financials of Varvee Herbs Private Limited

FY 2018 filings available

Varvee Herbs Private Limited reported revenue of ₹3 Lakh (down 45% YoY) for FY 2018.

Revenue · FY 2018
₹3 Lakh ▼ 45%
Net loss · FY 2018
₹3.28 Lakh margin -109.4%
EBITDA · FY 2018
-₹52,082 margin -17.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 423%
3 years · compounded
▲ 61%

Revenue fell 45% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 423% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹52,082
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.28 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-17.4%
Net Profit Margin-109.4%
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

To see the full financial statements and ratios of Varvee Herbs Private Limited, buy the company report.

Board of directors of Varvee Herbs Private Limited

Varvee Herbs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Veeravenkata Nagavarma VegesnaDirector22 May 201412 Years 5 MonthsAs last reported
Harsha SinguluriDirector23 Jul 20197 Years 3 MonthsAs last reported

Peer comparison

Varvee Herbs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
New Lifescience Private Limited₹3.02 Lakh (FY 2022)Chennai, Tamil Nadu, India
Arvn Nutrition (OPC) Private Limited₹3.02 Lakh (FY 2025)-4.0%New Delhi, Delhi, India
Refractx Private Limited₹3.01 Lakh (FY 2024)-14.0%Chennai, Tamil Nadu, India
Cordelia Pharmaceutical Private Limited₹3.01 Lakh (FY 2017)New Delhi, Delhi, India
Ananta Drugs and Pharmaceuticals Private Limited₹3 Lakh (FY 2025)-31.0%Sri Ganganagar, Rajasthan, India
Varvee Herbs Private Limitedthis company₹3 Lakh (FY 2018)-₹3.28 Lakh-109.4%-45.0%Visakhapatnam, Andhra Pradesh, India
Uni Am Private Limited₹3 Lakh (FY 2025)-50.0%Siliguri, West Bengal, India
Kelvin Pharmaceutical Laboratories Pvt Ltd₹3 Lakh (FY 2025)2.0%Cuttack, Odisha, India
Diamond Chlorides Private Limited₹3 Lakh (FY 2025)-91.0%Ahmedabad, Gujarat, India
Fragum Pharmaceutical Private Limited₹2.99 Lakh (FY 2023)Kolkata, West Bengal, India
Mehra Life Sciences Private Limited₹2.99 Lakh (FY 2025)-60.0%Delhi, India

To see the full peer comparison of Varvee Herbs Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Varvee Herbs 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 Varvee Herbs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Varvee Herbs Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Veeranna Singuluri ceased to be Director on 02 Aug 2019.

Ceased
Veeranna Singuluri ceased to be Director.
Appointed
Harsha Singuluri was appointed as Director.
AGM
Varvee Herbs Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Filing
Varvee Herbs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Vijayawada.
Appointed
Veeravenkata Nagavarma Vegesna was appointed as Director.
Incorporation
22 May 2014
Varvee Herbs Private Limited was registered on 22 May 2014 with Roc Vijayawada & aged 12 years 5 months as per MCA records.

Frequently asked questions

Varvee Herbs has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Varvee Herbs was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company worked in medicinal chemical and botanical products, within the chemicals industry. It was incorporated on 22 May 2014 and is registered under CIN U36912AP2014PTC094121. The company has been struck off by the Registrar of Companies and is no longer operational.

Varvee Herbs had 2 directors:

The CIN (Corporate Identification Number) of Varvee Herbs is U36912AP2014PTC094121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Varvee Herbs is at Flat No Ff – 1 39 – 6 – 5913 Indumathi Residency Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007.

Varvee Herbs was incorporated on 22 May 2014. It is registered with the Registrar of Companies, Vijayawada.

The latest financial statements of Varvee Herbs on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.

Varvee Herbs operated in the chemicals industry, in the medicinal chemical and botanical products segment. It worked in this industry before it was struck off.

The peers of Varvee Herbs by revenue are New Lifescience Private Limited, Arvn Nutrition (OPC) Private Limited, Refractx Private Limited, Cordelia Pharmaceutical Private Limited, Ananta Drugs and Pharmaceuticals Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Veeranna Singuluri ceased to be Director on 02 Aug 2019. Harsha Singuluri was appointed as Director on 23 Jul 2019. Veeravenkata Nagavarma Vegesna was appointed as Director on 22 May 2014.

The compliance status of Varvee Herbs is compliant as of 12 September 2026.