Varun Mercantile Limited

Trading general commodities since 1985, with registered office in Mumbai, Maharashtra.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated:

Varun Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.99 Cr
  • Company Age 40 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 4.97%
  • Profit Growth 174.42%
  • Ebitda 22.72%
  • Net Worth 1.39%
  • Total Assets 1.24%

About Varun Mercantile

Varun Mercantile Limited (VML) is a Public Limited Indian Non-Government Company incorporated in India on 12 February 1985 and has a history of 40 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512511.

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 3.00 Cr and a paid-up capital of Rs 1.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Varun Mercantile Limited India are Daudayal Lakhani as COMPANY SECRETARY and Deepak Karkera as Cfo. Ambalal Jain, Sanjay More, Mehul Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51909MH1985PLC321068

  • Company No.

    321068

  • Stock Symbol

    BSE : 512511

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Varun Mercantile?

Executive Team (2)

NameDesignationAppointment DateStatus
Daudayal Lakhani Company Secretary26-Aug-2024Current
Deepak Karkera Country flag representing In CFO04-Sep-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Mehul Shah Country flag representing In Director 03-Dec-2018Current
Ambalal Jain Country flag representing In Director 03-Dec-2018Current
Sanjay More Country flag representing In Director 10-May-2021Current
Lopamudra Dixit Country flag representing In Director 31-Mar-2015Current

Financial Performance of Varun Mercantile.

Varun Mercantile Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.97% increase. The company also saw a substantial improvement in profitability, with a 174.42% increase in profit. The company's net worth moved up by a moderate rise of 1.39%.

Varun Mercantile revenue growth over time
Varun Mercantile 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
4.97%
Revenue from Operations
Total Assets
1.24%
Profit or Loss
174.42%
Net Worth
1.39%
EBITDA
22.72%

What is the Ownership and Shareholding Structure of Varun Mercantile?

In 2022, Varun Mercantile had a public 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 Varun Mercantile?

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

Employee growth trends for Varun Mercantile Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varun Mercantile, 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 Varun Mercantile'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 Varun Mercantile

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Daudayal Shankarlal Lakhani was appointed as a Company Secretary was appointed as a Company Secretary on 26 Aug 2024 & has been associated with this company since 7 months 1 day .

  • Balance Sheet

    Varun Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Sanjay Tukaram More was appointed as a Director was appointed as a Director on 10 May 2021 & has been associated with this company since 3 years 10 months .

  • Director Appointment

    Deepak Aithappa Karkera was appointed as a Cfo was appointed as a Cfo on 04 Sep 2019 & has been associated with this company since 5 years 6 months .

  • Director Appointment

    Ambalal Tolchandji Jain was appointed as a Director was appointed as a Director on 03 Dec 2018 & has been associated with this company since 6 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Varun Mercantile Limited?

    Varun Mercantile Limited was incorporated on 12 Feb 1985.

  • What is authorized share capital and paid-up capital of Varun Mercantile Limited?

    The authorized share capital of Varun Mercantile Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.99 Cr.

  • Who are the current board members & directors of Varun Mercantile Limited?

    Currently 6 directors are associated with Varun Mercantile Limited.

    • Ambalal Tolchandji Jain
    • Daudayal Shankarlal Lakhani
    • Deepak Aithappa Karkera
    • Sanjay Tukaram More
    • Mehul Rajnikant Shah
    • Lopamudra Dixit

  • What is the registered address of Varun Mercantile Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varun Mercantile Limited is 147 14Th Floor, Atlanta Nariman Point India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Varun Mercantile Limited?

    The corporate identification number (CIN) of Varun Mercantile Limited is L51909MH1985PLC321068 and the company number is 321068 as per Ministry of Corporate Affairs (MCA).

  • Is Varun Mercantile Limited registered with any stock exchange in India?

    Yes, Varun Mercantile Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Varun Mercantile Limited?

    The Official website of Varun Mercantile Limited is https://www.vml.org.in

  • What has been the recent revenue trend for Varun Mercantile Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varun Mercantile Limited has risen by 4.97%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Varun Mercantile Limited has experienced an upsurge of 1.39%.

  • When was the last Balance Sheet of Varun Mercantile Limited filed with the ROC?

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

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