Varvie Meditech Private Limited
About Varvie Meditech Private Limited
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Varvie Meditech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 27 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33110GJ2021PTC128256. Its GSTIN is 24AAICV4743J1Z2 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunilkumar Patel and Shitalben Sunilbhai Patel.
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 407 4 Thfloor Sunrise Shoping Mansi Tower Char Rast Swaminarayan Mandir Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.28 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹73.8 Lakh (net margin 4%) and EBITDA of ₹1.13 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 246% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
Company details
Contact details
Varvie Meditech Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address407 4 Thfloor Sunrise Shoping Mansi Tower Char Rast Swaminarayan Mandir Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Varvie Meditech 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 Varvie Meditech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Varvie Meditech Private Limited, buy the company report.
Financials of Varvie Meditech Private Limited
FY 2025 filings availableVarvie Meditech Private Limited reported revenue of ₹18.28 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 246% over three years, including 28% growth in the latest year. EBITDA rose 61% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹1.13 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹73.8 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.2% | |||
| Net Profit Margin | 4% | |||
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To see the full financial statements and ratios of Varvie Meditech Private Limited, buy the company report.
Board of directors of Varvie Meditech Private Limited
Varvie Meditech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilkumar Patel | Director | 27 Dec 2021 | 4 Years 10 Months | Current |
| Shitalben Sunilbhai Patel | Director | 27 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Varvie Meditech Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vibgyor Health Care Private Limited | ₹18.51 Cr (FY 2025) | 10.0% | Thrissur, Kerala, India | |||
| Allied Surgical Emporium Private Limited | ₹18.48 Cr (FY 2024) | 18.0% | Lucknow, Uttar Pradesh, India | |||
| Arogya Meditech Private Limited | ₹18.45 Cr (FY 2024) | 5.0% | Gurgaon, Haryana, India | |||
| Varvie Meditech Private Limitedthis company | ₹18.28 Cr (FY 2025) | ₹73.8 Lakh | 4% | 28.0% | 17 | Ahmedabad, Gujarat, India |
| Lookmed Healthcare Private Limited | ₹18.22 Cr (FY 2024) | -35.0% | New Delhi, Delhi, India |
To see the full peer comparison of Varvie Meditech Private Limited, buy the company report.
Auditor
Varvie Meditech Private Limited is audited by SHAH & PATEL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & PATEL | FY 2023 | 124743W |
Shareholding
The shareholding of Varvie Meditech Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Varvie Meditech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varvie Meditech 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 Varvie Meditech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varvie Meditech Private Limited has a workforce of 17 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Varvie Meditech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICV4743J1Z2 | Gujarat | Active | 02 Mar 2022 |
To see the full GST registrations and return filing status of Varvie Meditech Private Limited, buy the company report.
Recent activity
Varvie Meditech Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Shitalben Sunilbhai Patel was appointed as Director on 27 Dec 2021.
Frequently asked questions
Varvie Meditech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 27 December 2021 (5+ years old) and is registered under CIN U33110GJ2021PTC128256.
Varvie Meditech has 2 current directors:
- Sunilkumar Patel - Director
- Shitalben Sunilbhai Patel - Director
The latest financial statements of Varvie Meditech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Varvie Meditech is 24AAICV4743J1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Varvie Meditech is U33110GJ2021PTC128256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varvie Meditech was incorporated on 27 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Varvie Meditech by revenue are Vibgyor Health Care Private Limited, Allied Surgical Emporium Private Limited, Arogya Meditech Private Limited, Lookmed Healthcare Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Shitalben Sunilbhai Patel was appointed as Director on 27 Dec 2021. Sunilkumar Patel was appointed as Director on 27 Dec 2021.
The registered office of Varvie Meditech is at 407 4 Thfloor Sunrise Shoping Mansi Tower Char Rast Swaminarayan Mandir Vastrapur, Ahmedabad, Gujarat, India – 380015.
Varvie Meditech operates in the healthcare industry, in the medical equipment retail and distribution segment.
Varvie Meditech can be reached at its registered office: 407 4 Thfloor Sunrise Shoping Mansi Tower Char Rast Swaminarayan Mandir Vastrapur, Ahmedabad, Gujarat, India – 380015.
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