Varun Mercantiles & Credit Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.85 Cr
- Company Age 33 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.00 Cr
- Revenue Growth -15.84%
- Profit Growth -27.60%
- Ebitda -21.27%
- Net Worth 4.34%
- Total Assets 3.61%
About Varun Mercantiles & Credit
Varun Mercantiles & Credit Pvt. Ltd. (VMCPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 December 1991 and has a history of 33 years and two 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 3.00 Cr and a paid-up capital of Rs 3.85 Cr.
The company currently has active open charges totaling ₹12.00 Cr.
Ashok Saboo and Asha Saboo 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
U51396WB1991PTC053854
- Company No.
053854
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Dec 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Varun Mercantiles & Credit?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Saboo  | Director | 16-Dec-1991 | Current |
| Asha Saboo | Director | 02-Apr-2003 | Current |
Financial Performance of Varun Mercantiles & Credit.
Varun Mercantiles & Credit Pvt. Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 15.84% decrease. The company also saw a substantial fall in profitability, with a 27.6% decrease in profit. The company's net worth moved up by a moderate rise of 4.34%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Varun Mercantiles & Credit?
In 2023, Varun Mercantiles & Credit had a promoter holding of 12.53% and a public holding of 87.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
K.K. Traders Pvt. Ltd.Ashok Saboo and Asha Saboo are mutual person
- Mahim Infra Venture Private Limited
Ashok Saboo and Asha Saboo are mutual person
- Geralda Advisory Services Private Limited
Asha Saboo is a mutual person
Charges (Loans)
₹12.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2024 | Others | ₹12.00 Cr | Open |
How Many Employees Work at Varun Mercantiles & Credit?
Unlock and access historical data on people associated with Varun Mercantiles & Credit, 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 Mercantiles & 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 Varun Mercantiles & Credit'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.