Varsha Merchants Private Limited

Provides office building rental and maintenance services for various properties.

2005 | Kolkata, West Bengal (India) | Active
Last Updated: December 31, 2024

Varsha Merchants Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.49 M
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.65 M
  • Revenue Growth -29.68%
  • Profit Growth -553.08%
  • Ebitda -138.68%
  • Net Worth -6.28%
  • Total Assets -6.88%

About Varsha Merchants

Varsha Merchants Private Limited (VMPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 July 2005 and has a history of 19 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 0.50 M and a paid-up capital of Rs 0.49 M.

The company has closed loans amounting to ₹7.65 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Gaurav Churiwal and Surbhika Churiwal 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

    U51109WB2005PTC104198

  • Company No.

    104198

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Engineering

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

Board Members (2)

Name Designation Appointment Date Status
Gaurav Churiwal Country flag representing In Director 01-Dec-2023 Current
Surbhika Churiwal Country flag representing In Director 01-Dec-2023 Current

Financial Performance of Varsha Merchants.

Varsha Merchants Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 29.68% decrease. The company also saw a substantial fall in profitability, with a 553.08% decrease in profit. The company's net worth dipped by a decrease of 6.28%.

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
-29.68%
Revenue from Operations
-49.66%
Total Assets
-6.88%
Profit or Loss
-553.08%
Net Worth
-6.28%
EBITDA
-138.68%

What is the Ownership and Shareholding Structure of Varsha Merchants?

In 2019, Varsha Merchants had a promoter holding of 19.51% and a public holding of 80.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹7.65 M

Charges Breakdown by Lending Institutions

  • Others : 0.76 Cr

Latest Charge Details

Date Lender Amount Status
04 Aug 2020 Others ₹7.65 M Satisfied

How Many Employees Work at Varsha Merchants?

Unlock and access historical data on people associated with Varsha Merchants, 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 Varsha Merchants, 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 Merchants'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 Merchants

Recent activity within the organization

  • Annual General Meeting

    Varsha Merchants Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Varsha Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Gaurav Churiwal was appointed as a Director was appointed as a Director on 01 Dec 2023 & has been associated with this company since 1 year 2 months .

    01 Dec 2023

  • Director Appointment

    Surbhika Churiwal was appointed as a Director was appointed as a Director on 01 Dec 2023 & has been associated with this company since 1 year 2 months .

    01 Dec 2023

  • Charges

    A charge registered on 04 Aug 2020 via Charge ID 100363979 with Others was fully satisfied on 21 Nov 2023.

    21 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 7.65 M with Charge ID 100363979 was registered on 04 Aug 2020.

    04 Aug 2020

Frequently asked questions

  • Varsha Merchants Private Limited was incorporated on 14 Jul 2005.

  • The authorized share capital of Varsha Merchants Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.49 M.

  • Currently 2 directors are associated with Varsha Merchants Private Limited.

    • Gaurav Churiwal
    • Surbhika Churiwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Varsha Merchants Private Limited is 31 Lala Lajpat Rai Sarani 6Th Floor India, Kolkata, West Bengal, 700020.

  • The corporate identification number (CIN) of Varsha Merchants Private Limited is U51109WB2005PTC104198 and the company number is 104198 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Varsha Merchants Private Limited has fallen by -29.68%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Varsha Merchants Private Limited has experienced an downturn of -6.28%.

  • The most recent Balance Sheet for Varsha Merchants Private Limited was filed with the ROC on 31 Mar 2024.

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