Varun Mercantile Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.99 Cr
- Company Age 40 Year, 9 Days
- Last Filing with ROC 31 Mar 2023
- 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. 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 2023. 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 Yogesh Kadam as COMPANY SECRETARY and Deepak Karkera as Cfo. Ambalal Jain, Mehul Shah, Sanjay More, 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
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Varun Mercantile?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Kadam  | Company Secretary | 01-Apr-2022 | Current |
| Deepak Karkera | CFO | 04-Sep-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mehul Shah | Director | 03-Dec-2018 | Current |
| Ambalal Jain | Director | 03-Dec-2018 | Current |
| Sanjay More | Director | 10-May-2021 | Current |
| Lopamudra Dixit | Director | 31-Mar-2015 | Current |
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%.
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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.
Related Corporates (Common Directorship)
Twin Roses Trades And Agencies LimitedLopamudra Dixit is a mutual person
Cent Bank Home Finance Ltd.Yogesh Kadam is a mutual person
Gennext Ventures Partners LlpAmbalal Jain is a mutual person
- G R N Finsec Private Limited
Ambalal Jain is a mutual person
- Synergy Synthetics Private Limited
Mehul Shah is a mutual person
- Whitegold Holdings Private Limited
Mehul Shah is a mutual person
Charges (Loans)
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.
Deals i
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
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
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.
