Varthana Finance Private Limited

Non-banking finance company providing credit facilities to affordable private schools for growth and improvement.

1984 | Bangaluru, Karnataka (India) | Active
Last Updated:

Varthana Finance Profile

Key Indicators

  • Authorised Capital ₹ 60.58 Cr
  • Paid Up Capital ₹ 50.55 Cr
  • Company Age 40 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,676.37 Cr
  • Satisfied Charges ₹ 1,382.04 Cr
  • Revenue Growth 51.98%
  • Profit Growth 469.48%
  • Ebitda 93.13%
  • Net Worth 33.50%
  • Total Assets 45.37%

About Varthana Finance

Varthana Finance Private Limited (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 1984 and has a history of 40 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Varthana Finance Private 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 60.58 Cr and a paid-up capital of Rs 50.55 Cr.

The company currently has active open charges totaling ₹1,676.37 Cr. The company has closed loans amounting to ₹1,382.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Varthana Finance Private Limited India are Talib Lokhandwala as CFO and Vidya Sridharan as Company Secretary. Anand Sudarshan, Steven Hardgrave, Brajeshkumar Mishra, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65923KA1984PTC096528

  • Company No.

    096528

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 1984

  • Date of AGM

    05 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Executive Team (2)

NameDesignationAppointment DateStatus
Talib Lokhandwala CFO21-Jun-2023Current
Vidya Sridharan Country flag representing In Company Secretary31-Aug-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Steven Hardgrave Country flag representing Us Director 18-Jul-2012Current
Ramanathan Kumar Country flag representing In Director 08-May-2018Current
Divya Venkatavaraghavan Country flag representing In Nominee Director 09-Nov-2022Current
Brahmanand Hegde Country flag representing In Director 12-Sep-2023Current
Anand Sudarshan Country flag representing In Director 20-Aug-2015Current
Brajeshkumar Mishra Country flag representing In Director 22-May-2012Current

Financial Performance of Varthana Finance.

Varthana Finance Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 51.98% increase. The company also saw a substantial improvement in profitability, with a 469.48% increase in profit. The company's net worth Soared by an impressive increase of 33.5%.

Varthana Finance revenue growth over time
Varthana Finance 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
51.98%
Revenue from Operations
51.49%
Total Assets
45.37%
Profit or Loss
469.48%
Net Worth
33.50%
EBITDA
93.13%

What is the Ownership and Shareholding Structure of Varthana Finance?

In 2024, Varthana Finance had a promoter holding of 64.89% and a public holding of 35.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,676.37 Cr

Satisfied Charges

₹1,382.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 1671.37 Cr
  • Tata Capital Financial Services Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2024Others₹10.50 CrOpen
30 Dec 2024Others₹15.00 CrOpen
24 Dec 2024Others₹10.00 CrOpen
30 Oct 2024Others₹20.00 CrOpen
29 Oct 2024Others₹25.00 CrOpen

How Many Employees Work at Varthana Finance?

Varthana Finance has a workforce of 791 employees as of Jan 21, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Varthana Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varthana 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 Varthana Finance'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 Varthana Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.50 Cr with Charge ID 101031306 was registered on 31 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101024405 was registered on 30 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101024849 was registered on 24 Dec 2024.

  • Charges

    A charge registered on 30 Sep 2019 via Charge ID 100295746 with Others was fully satisfied on 07 Nov 2024.

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101004609 was registered on 30 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100995261 was registered on 29 Oct 2024.

Recent News, Updates & Announcement

Frequently asked questions

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

    Varthana Finance Private Limited was incorporated on 12 Jun 1984.

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

    The authorized share capital of Varthana Finance Private Limited is ₹ 60.58 Cr and paid-up capital is ₹ 50.55 Cr.

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

    Currently 10 directors are associated with Varthana Finance Private Limited.

    • Anand Sudarshan
    • Steven Edwin Hardgrave
    • Brajeshkumar Sirishkumar Mishra
    • Brahmanand Hegde
    • Ramanathan Kumar
    • Nandita Ganapathy
    • Divya Venkatavaraghavan
    • Ankit Singhal
    • Talib Akhter Husain Lokhandwala
    • Vidya Sridharan

  • What is the registered address of Varthana Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varthana Finance Private Limited is Varasiddhi 3Rd Floor No. 5Bc-110 Service Road, Block Hrbr Layout India, Bangalore, Karnataka, 560043.

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

    The corporate identification number (CIN) of Varthana Finance Private Limited is U65923KA1984PTC096528 and the company number is 096528 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varthana Finance Private Limited?

    The Official website of Varthana Finance Private Limited is https://www.varthana.com

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

    According to the financial reports for the fiscal year 2024, the revenue trend for Varthana Finance Private Limited has risen by 51.98%.

  • How many employees does Varthana Finance Private Limited currently have?

    As Per 2024 financial reports, 791 employees are currently employed by Varthana Finance Private Limited.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Varthana Finance Private Limited has experienced an upsurge of 33.50%.

  • What are the total open charges for Varthana Finance Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Varthana Finance Private Limited amount to ₹ 1,676.37 Cr.

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

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

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