Varnika Finance Limited

Founded in 1988 and headquartered in West Bengal, India.

1988 | Kolkata, West Bengal (India) | Active
Last Updated: January 01, 2025

Varnika Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 1.06 Cr
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 0.38%
  • Profit Growth 87.16%
  • Ebitda 93.94%
  • Net Worth -8.48%
  • Total Assets -3.19%

About Varnika Finance

Varnika Finance Limited (VFL) is a Public Limited Indian Non-Government Company incorporated in India on 11 August 1988 and has a history of 36 years and six months. Its registered office is in Kolkata, West Bengal, India.

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 1.10 Cr and a paid-up capital of Rs 1.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gayatri Khemani, Nanda Khemani, and Snehal Khemani serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999WB1988PLC044982

  • Company No.

    044982

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Varnika Finance?

Financial Performance of Varnika Finance.

Varnika Finance Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 0.38% increase. The company also saw a substantial improvement in profitability, with a 87.16% increase in profit. The company's net worth dipped by a decrease of 8.48%.

Graph illustrating revenue growth over time
Graph showing 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
0.38%
Revenue from Operations
Total Assets
-3.19%
Profit or Loss
87.16%
Net Worth
-8.48%
EBITDA
93.94%

What is the Ownership and Shareholding Structure of Varnika Finance?

In 2017, Varnika Finance had a promoter holding of 99.66% and a public holding of 0.34%. The company had 3 Subsidiaries. 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 Varnika Finance?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varnika Finance, 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 Varnika Finance's trajectory.

Rating

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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 Varnika Finance

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Varnika Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Snehal Khemani was appointed as a Director was appointed as a Director on 26 Feb 2024 & has been associated with this company since 1 year 2 days .

    26 Feb 2024

  • Director Appointment

    Nanda Sanjay Khemani was appointed as a Director was appointed as a Director on 01 Feb 2011 & has been associated with this company since 14 years 27 days .

    01 Feb 2011

  • Director Appointment

    Gayatri Devi Khemani was appointed as a Director was appointed as a Director on 01 Aug 1998 & has been associated with this company since 26 years 6 months .

    01 Aug 1998

  • Company Incorporation

    Varnika Finance Limited was registered on 11 Aug 1988 with Roc Kolkata & aged 36 years 6 months as per MCA records.

    11 Aug 1988

Frequently asked questions

  • What is the Incorporation or founding date of Varnika Finance Limited?

    Varnika Finance Limited was incorporated on 11 Aug 1988.

  • What is authorized share capital and paid-up capital of Varnika Finance Limited?

    The authorized share capital of Varnika Finance Limited is ₹ 1.10 Cr and paid-up capital is ₹ 1.06 Cr.

  • Who are the current board members & directors of Varnika Finance Limited?

    Currently 3 directors are associated with Varnika Finance Limited.

    • Gayatri Devi Khemani
    • Nanda Sanjay Khemani
    • Snehal Khemani
  • What is the registered address of Varnika Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varnika Finance Limited is Todi Chambers 2 Lal Bazar Str No 415 4Th Floor Hare St India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Varnika Finance Limited?

    The corporate identification number (CIN) of Varnika Finance Limited is U65999WB1988PLC044982 and the company number is 044982 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varnika Finance Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Varnika Finance Limited has risen by 0.38%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Varnika Finance Limited has experienced an downturn of -8.48%.

  • When was the last Balance Sheet of Varnika Finance Limited filed with the ROC?

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

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