Company Intelligence Profile
Varcas Automobiles Private Limited
Varcas Automobiles is a Patancheru (Telangana)-based electric mobility (eMobility) company, positioned around the tagline "Reliable, Sustainable & Affordable eMobility Solutions".
Last updated 20 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Varcas Automobiles Private Limited |
|---|---|
| CIN | U74999TG2018PTC128656 |
| PAN | Not available in the public sources reviewed. |
| Status | Active |
| Listing | No — unlisted private limited company |
| Incorporated | 29 November 2018 |
| ROC | RoC Hyderabad |
| Sector (NIC) | Motor vehicles, trailers, semi-trailers and other Transport Vehicles — Electrical and Bio-Fuel Vehicles (Automotive) |
| Registered address | Sy No 69, Block B, Beside Shri Bhavani Shankara Temple, Gaddapotharam Road, Allinagaram, Lat Sanga Reddy, Patancheru, Telangana, India – 502319 |
| Authorized capital | ₹10 Crore |
| Paid-up capital | ₹9.25 Crore vs ₹9.08 Crore — minor source conflict, likely reflects different data-pull dates |
Business Overview
Partial / conflicting- Varcas Automobiles is a Patancheru (Telangana)-based electric mobility (eMobility) company, positioned around the tagline "Reliable, Sustainable & Affordable eMobility Solutions"
- MCA/registry classification lists it under electrical and bio-fuel vehicles / motor vehicles and transport vehicles manufacturing
- It is recognized as a startup by DPIIT
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ramakrishna Reddy Vemireddy | 08151882 | Director | - |
| Sridhar Ramani | 07044566 | Additional Director | - |
| Saranya Chukkaluru | 10487148 | Director). DINs sourced from Tofler only (single-source — treat as partial confirmation | - |
Financials
Partial / conflicting- FY March 2022: Operating revenue ≈ ₹86.48 Crore
- Exact EBITDA/PAT/net-worth absolute figures and any FY2023/FY2024 update were not obtained (premium-gated)
- Treat FY22 figures as partial/indicative, not fully confirmed absolute values
Charges / Loans
Partial / conflicting- Two data points, one conflicting: Tofler lists one charge with Union Bank of India for ₹4.5 Crore dated 20 April 2021
- TheCompanyCheck separately states total open/secured borrowings of ₹15.45 Crore (aggregate figure, not itemized)
- These are not necessarily contradictory (aggregate vs single charge) but could not be reconciled — reported as a note rather than resolved
Competitors
Partial / conflicting- Indicative peers in the Indian electric/light commercial & two-three-wheeler/eMobility space (not verified as direct competitors, offered as sector-scale comparators): Euler Motors (mid-scale, EV commercial), Altigreen Propulsion Labs (mid-scale, EV 3W/LCV), Omega Seiki Mobility (mid-scale, EV 3W/4W), Kinetic Green Energy (mid-scale), Piaggio Vehicles (EV arm) (large, listed-parent-backed), Mahindra Last Mile Mobility (large, listed-parent-backed)
- Varcas appears to be a small-to-mid scale regional (Telangana-based) EV/bio-fuel vehicle player relative to these
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