Varvex Buildcon Private Limited
About Varvex Buildcon Private Limited
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Varvex Buildcon Private Limited is a private limited company based in Mandya, Karnataka, India. It operates in the civil engineering and infrastructure segment of the construction sector. It was incorporated on 29 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2019PTC124771. Its GSTIN is 29AAGCV9584P2Z0 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹30,000. It is led by directors Abijith Nanda (Managing Director) and Arpitha Abijith Nanda.
Its last annual general meeting (AGM) was held on 05 June 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at R No. 2075 1st Cross Subash Nagar, Mandya, Karnataka, India – 571401.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.13 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹25,699 (net margin 2.5%) and EBITDA of ₹1.84 Lakh (EBITDA margin 18.2%).
As per MCA filings, the company has open charges of ₹20 Lakh on record.
Company details
Contact details
Varvex Buildcon Private Limited's registered office is in Mandya, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressR No. 2075 1st Cross Subash Nagar, Mandya, Karnataka, India – 571401
- IndustryConstruction, Civil Engineering, Alteration, Construction, Complete Constructions, Repair & Maintenance
To see the full contact details of Varvex Buildcon 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 Varvex Buildcon is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Varvex Buildcon Private Limited, buy the company report.
Financials of Varvex Buildcon Private Limited
FY 2022 filings availableVarvex Buildcon Private Limited reported revenue of ₹10.13 Lakh (down 72% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 72% in the latest year. EBITDA rose 264% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.84 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹25,699 | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||
| EBITDA Margin | 18.2% | ||
| Net Profit Margin | 2.5% | ||
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To see the full financial statements and ratios of Varvex Buildcon Private Limited, buy the company report.
Board of directors of Varvex Buildcon Private Limited
Varvex Buildcon has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpitha Abijith Nanda | Director | 29 May 2019 | 7 Years 4 Months | Current |
| Abijith Nanda | Managing Director | 29 May 2019 | 7 Years 4 Months | Current |
Peer comparison
Varvex Buildcon Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gyan Bharti Infrastructure Private Limited | ₹10.18 Lakh (FY 2024) | -89.0% | Patna, Bihar, India | |||
| Rayplus Engineers Private Limited | ₹10.17 Lakh (FY 2020) | 137.0% | Gorakhpur, Uttar Pradesh, India | |||
| Mimo Developers Private Limited | ₹10.16 Lakh (FY 2024) | 253.0% | Kolkata, West Bengal, India | |||
| Sustainable Habitat Services Private Limited | ₹10.16 Lakh (FY 2025) | 154.0% | Ahmedabad, Gujarat, India | |||
| Apex Measurements Private Limited | ₹10.15 Lakh (FY 2025) | -76.0% | Uttar Pradesh, India | |||
| Varvex Buildcon Private Limitedthis company | ₹10.13 Lakh (FY 2022) | ₹25,699 | 2.5% | -72.0% | Mandya, Karnataka, India | |
| Bcube Infra Ventures Private Limited | ₹10.13 Lakh (FY 2024) | 25.0% | Bhubaneswar, Odisha, India | |||
| Natureyield Smart Developers Private Limited | ₹10.11 Lakh (FY 2025) | 93.0% | Patna, Bihar, India | |||
| Rilp Owners Private Limited | ₹10.1 Lakh (FY 2025) | -76.0% | Howrah, West Bengal, India | |||
| Team Hands On Private Limited | ₹10.1 Lakh (FY 2025) | -59.0% | Hyderabad, Telangana, India | |||
| Gurus Design Consultants Private Limited | ₹10.1 Lakh (FY 2021) | -40.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Varvex Buildcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2020 | 100394998 | Canara Bank | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Varvex Buildcon Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varvex Buildcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varvex Buildcon has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV9584P2Z0 | Karnataka | Active | 05 Jan 2023 |
To see the full GST registrations and return filing status of Varvex Buildcon Private Limited, buy the company report.
Recent activity
Varvex Buildcon Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Abijith Nanda was appointed as Managing Director on 29 May 2019.
Frequently asked questions
Varvex Buildcon is an active private limited company based in Mandya, Karnataka, India. The company works in civil engineering, within the construction industry. It was incorporated on 29 May 2019 (7+ years old) and is registered under CIN U45202KA2019PTC124771.
Varvex Buildcon has 2 current directors:
- Abijith Nanda - Managing Director
- Arpitha Abijith Nanda - Director
The latest financial statements of Varvex Buildcon on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 05 June 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Varvex Buildcon is 29AAGCV9584P2Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Varvex Buildcon is U45202KA2019PTC124771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varvex Buildcon was incorporated on 29 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Varvex Buildcon by revenue are Gyan Bharti Infrastructure Private Limited, Rayplus Engineers Private Limited, Mimo Developers Private Limited, Sustainable Habitat Services Private Limited, Apex Measurements Private Limited and 5 more, all in the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Abijith Nanda was appointed as Managing Director on 29 May 2019. Arpitha Abijith Nanda was appointed as Director on 29 May 2019.
The registered office of Varvex Buildcon is at R No. 2075 1st Cross Subash Nagar, Mandya, Karnataka, India – 571401.
Varvex Buildcon operates in the construction industry, in the civil engineering segment.
Varvex Buildcon has open charges of ₹20 Lakh and no satisfied charges on record as per latest MCA filings.