Varsha Credit Private Limited

Provides financial services with registered office in West Bengal.

1955 | Kolkata, West Bengal (India) | Active
Last Updated:

Varsha Credit Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.87 M
  • Company Age 69 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -14.43%
  • Profit Growth -12.06%
  • Ebitda -123.98%
  • Net Worth -1.13%
  • Total Assets -1.68%

About Varsha Credit

Varsha Credit Private Limited (VCPL) was founded in India on 30 March 1955 and has a glorious history of 69 years and 11 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.87 M, as per Ministry of Corporate Affairs (MCA) records.

Sharad Bajoria and Ishan Bajoria 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

    U14101WB1955PTC022255

  • Company No.

    022255

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1955

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Varsha Credit?

Board Members (2)

NameDesignationAppointment DateStatus
Sharad Bajoria Country flag representing In Director 01-Nov-2000Current
Ishan Bajoria Country flag representing In Director 27-Mar-2012Current

Financial Performance of Varsha Credit.

Varsha Credit Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.43% decrease. The company also saw a substantial fall in profitability, with a 12.06% decrease in profit. The company's net worth dipped by a decrease of 1.13%.

Varsha Credit revenue growth over time
Varsha Credit 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
-14.43%
Revenue from Operations
-14.43%
Total Assets
-1.68%
Profit or Loss
-12.06%
Net Worth
-1.13%
EBITDA
-123.98%

What is the Ownership and Shareholding Structure of Varsha Credit?

In 2023, Varsha Credit had a promoter holding of 95.99% and a public holding of 4.01%. The company had 1 Associate company. 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 Varsha Credit?

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

Employee growth trends for Varsha Credit Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varsha Credit, 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 Varsha Credit'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 Varsha Credit

Recent activity within the organization

  • Annual General Meeting

    Varsha Credit Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Varsha Credit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Ishan Bajoria was appointed as a Director was appointed as a Director on 27 Mar 2012 & has been associated with this company since 12 years 11 months .

  • Director Appointment

    Sharad Bajoria was appointed as a Director was appointed as a Director on 01 Nov 2000 & has been associated with this company since 24 years 4 months .

  • Company Incorporation

    Varsha Credit Private Limited was registered on 30 Mar 1955 with Roc Kolkata & aged 69 years 11 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Varsha Credit Private Limited?

    Varsha Credit Private Limited was incorporated on 30 Mar 1955.

  • What is authorized share capital and paid-up capital of Varsha Credit Private Limited?

    The authorized share capital of Varsha Credit Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.87 M.

  • Who are the current board members & directors of Varsha Credit Private Limited?

    Currently 2 directors are associated with Varsha Credit Private Limited.

    • Sharad Bajoria
    • Ishan Bajoria

  • What is the registered address of Varsha Credit Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varsha Credit Private Limited is 3 Netaji Subhas Road, Kolkata, West Bengal, India, 700001.

  • What is the corporate identification number (CIN) and company number of Varsha Credit Private Limited?

    The corporate identification number (CIN) of Varsha Credit Private Limited is U14101WB1955PTC022255 and the company number is 022255 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varsha Credit Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varsha Credit Private Limited has fallen by -14.43%.

  • What change has been observed in the net worth of Varsha Credit Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varsha Credit Private Limited has experienced an downturn of -1.13%.

  • When was the last Balance Sheet of Varsha Credit Private Limited filed with the ROC?

    The most recent Balance Sheet for Varsha Credit Private Limited was filed with the ROC on 31 Mar 2023.

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