Vardan Finlease Limited

Provides financial and related services, acts as a finance company, incorporated in 1992.

1992 | Sabarkantha, Gujarat (India) | Active
Last Updated:

Vardan Finlease Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 33 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -4.08%
  • Profit Growth 10.08%
  • Ebitda -2.77%
  • Net Worth 13.78%
  • Total Assets 11.43%

About Vardan Finlease

Vardan Finlease Limited (VFL) is a Public Limited Indian Non-Government Company incorporated in India on 24 March 1992 and has a history of 33 years and one month. Its registered office is in Sabarkantha, Gujarat, India.

The Corporate was formerly known as Harsolia Finance Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bharatkumar Patel, Chetankumar Doshi, Girishkumar Bhandari, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Sabarkantha, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1992PLC017361

  • Company No.

    017361

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services
Company report

Vardan Finlease Limited

Explore comprehensive data for Vardan Finlease Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vardan Finlease?

Board Members (11)

NameDesignationAppointment DateStatus
Krunal Modi Country flag representing In Director 25-Mar-2015Current
Hiteshkumar Patel Country flag representing In Director 25-Mar-2015Current
Bharatkumar Patel Country flag representing In Director 01-Dec-2019Current
Chetankumar Doshi Country flag representing In Director 06-Sep-2013Current
Girishkumar Bhandari Country flag representing In Director 06-Sep-2013Current
Ravi Patel Country flag representing In Director 01-Dec-2019Current

Financial Performance of Vardan Finlease.

Vardan Finlease Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 4.08% decrease. The company also saw a substantial improvement in profitability, with a 10.08% increase in profit. The company's net worth Soared by an impressive increase of 13.78%.

Vardan Finlease revenue growth over time
Vardan Finlease profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.08%
Revenue from Operations
-4.79%
Total Assets
11.43%
Profit or Loss
10.08%
Net Worth
13.78%
EBITDA
-2.77%

What is the Ownership and Shareholding Structure of Vardan Finlease?

In 2021, Vardan Finlease had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vardan Finlease?

Unlock and access historical data on people associated with Vardan Finlease, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Vardan Finlease Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardan Finlease, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vardan Finlease's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vardan Finlease

Recent activity within the organization

  • Annual General Meeting

    Vardan Finlease Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vardan Finlease Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Rohan Bharatbhai Patel was appointed as a Director was appointed as a Director on 02 Jul 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Bharatkumar Ramlal Patel was appointed as a Director was appointed as a Director on 01 Dec 2019 & has been associated with this company since 5 years 4 months .

  • Director Appointment

    Ravi Manubhai Patel was appointed as a Director was appointed as a Director on 01 Dec 2019 & has been associated with this company since 5 years 4 months .

  • Director Appointment

    Riken Purashottambhai Patel was appointed as a Director was appointed as a Director on 01 Dec 2019 & has been associated with this company since 5 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vardan Finlease Limited?

    Vardan Finlease Limited was incorporated on 24 Mar 1992.

  • What is authorized share capital and paid-up capital of Vardan Finlease Limited?

    The authorized share capital of Vardan Finlease Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Vardan Finlease Limited?

    Currently 11 directors are associated with Vardan Finlease Limited.

    • Bharatkumar Ramlal Patel
    • Chetankumar Bhogilal Doshi
    • Girishkumar Amrutlal Bhandari
    • Krunal Ashokkumar Modi
    • Ravi Manubhai Patel
    • Riken Purashottambhai Patel
    • Samkit Rajnikant Doshi
    • Hiteshkumar Vishnubhai Patel
    • Satishchandra Mithalal Doshi
    • Twinkal Girishkumar Patel
    • Rohan Bharatbhai Patel

  • What is the registered address of Vardan Finlease Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vardan Finlease Limited is B/5 New Durga Bazar Station Road Village :, Taluka- India, Himatnagar, Gujarat, 383001.

  • What is the corporate identification number (CIN) and company number of Vardan Finlease Limited?

    The corporate identification number (CIN) of Vardan Finlease Limited is U65910GJ1992PLC017361 and the company number is 017361 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vardan Finlease Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Vardan Finlease Limited has fallen by -4.08%.

  • What change has been observed in the net worth of Vardan Finlease Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Vardan Finlease Limited has experienced an upsurge of 13.78%.

  • When was the last Balance Sheet of Vardan Finlease Limited filed with the ROC?

    The most recent Balance Sheet for Vardan Finlease Limited was filed with the ROC on 31 Mar 2024.

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