About Varanium Capital Advisors Private Limited
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Varanium Capital Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Varanium Advisory Private Limited. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 07 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1990PTC450213. Its GSTIN is 27AAACP5747N1ZW (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹9.09 Cr and a paid-up capital of ₹7.38 Cr. It was formerly known as Religare Portfolio Managers and Advisors Private Limited and Pn Vijay Financial Services Private Limited. It is led by directors including Aparajit Bhalchandra Bhandarkar (Whole-Time Director) and Vishal Bajpai.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.54 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹4.93 Cr (net margin 36.4%) and EBITDA of ₹6.6 Cr (EBITDA margin 48.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: VCAPL and Varanium. Court records list 3 cases involving the company, including 3 filed against it. The company has 3 deals on record (3 acquisitions); the latest was in April 2016. Its 8 peer companies in the BFSI industry (Portfolio Managers), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 4 larger and 4 smaller; the largest is Bay Capital Investment Advisors Private Limited with revenue of ₹14.85 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varaniumgroup.com.
Company details
Name history
Varanium Capital Advisors has undergone 3 name changes throughout its history. The company was previously known as Religare Portfolio Managers And Advisors Private Limited, Pn Vijay Financial Services Private Limited, and Varanium Capital Advisors Private Limited. The current legal name is Varanium Capital Advisors Private Limited.
| Company Name | Status |
|---|---|
| Varanium Capital Advisors Private Limited | Current |
| Religare Portfolio Managers And Advisors Private Limited | Previous |
| Pn Vijay Financial Services Private Limited | Previous |
CIN history
Varanium Capital Advisors has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899MH1990PTC450213, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH1990PTC450213 | Current |
| U74899DL1990PTC040073 | Previous |
| U74899UP1990PTC044922 | Previous |
Contact details
Varanium Capital Advisors Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address1416 14th Floor One Lodha Place, Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Portfolio Management Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Varanium Capital Advisors operates two associated brands: VCAPL and Varanium. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services including portfolio management, alternative investments, and offshore products for high net-worth individuals and institutions. | varaniumgroup.com | |
| Asset management and funding services for startups in the finance sector. | varanium.vc |
Financials of Varanium Capital Advisors Private Limited
FY 2025 filings availableVaranium Capital Advisors Private Limited reported revenue of ₹13.54 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 65% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.6 Cr | ||||
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| Net Profit (PAT) | ₹4.93 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 48.7% | ||||
| Net Profit Margin | 36.4% | ||||
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To see the full financial statements and ratios of Varanium Capital Advisors Private Limited, buy the company report.
Board of directors of Varanium Capital Advisors Private Limited
Varanium Capital Advisors has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aparajit Bhalchandra Bhandarkar Also directs: Varanium Ventures LLP, Varanium Advisory Private Limited, Aimcrest Ventures Private Limited and 5 more | Whole-Time Director | 13 Jun 2022 | 4 Years 4 Months | Current |
| Vishal Bajpai Also directs: Ftek Consultancy Services Private Limited | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Parvathy Anantakrishnan | Director | 14 Jul 2016 | 10 Years 3 Months | Current |
| Tiruvilvamala Subramanian Anantakrishnan Also directs: Varanium Ventures LLP, Varanium Advisory Private Limited, Aimcrest Ventures Private Limited and 1 more | Director | 14 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Varanium Capital Advisors Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Portfolio Managers), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bay Capital Investment Advisors Private Limited | ₹14.85 Cr (FY 2024) | -30.0% | Mumbai, Maharashtra, India | |||
| Zen Wealth Management Services Limited | ₹14.84 Cr (FY 2025) | -28.0% | Hyderabad, Telangana, India | |||
| N.V. Managements Private Limited | ₹13.57 Cr (FY 2025) | 164.0% | Delhi, India | |||
| Iifl Commodities Limited | ₹13.57 Cr (FY 2018) | -15.0% | Chennai, Tamil Nadu, India | |||
| Varanium Capital Advisors Private Limitedthis company | ₹13.54 Cr (FY 2025) | ₹4.93 Cr | 36.4% | 26.0% | Mumbai, Maharashtra, India | |
| Vcare Investment Services Private Limited | ₹12.41 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Antler Innovation India Private Limited | ₹12.15 Cr (FY 2025) | -53.0% | Bangalore, Karnataka, India | |||
| Piper Serica Advisors Private Limited | ₹10.88 Cr (FY 2025) | 42.0% | Mumbai, Maharashtra, India | |||
| Piramal Fund Management Limited | ₹10.68 Cr (FY 2025) | 186.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Varanium Capital Advisors Private Limited, buy the company report.
Deals & funding
Varanium Capital Advisors Private Limited has 3 deals on record (3 acquisitions); the latest was in April 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2016 | Acquisition | Undisclosed | Seller: Rgam Investment Advisers Private Limited |
| Jan 2014 | Acquisition | ₹2.51 Cr | Seller: Rgam Investment Advisers Private Limited |
| Feb 2013 | Acquisition | ₹2.47 Cr | Buyer: Rgam Investment Advisers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Varanium Capital Advisors Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CHOL) | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by an individual | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Varanium Capital Advisors Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varanium Capital Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varanium Capital Advisors has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP5747N1ZW | Maharashtra | Active | 01 Jul 2017 |
| 09AAACP5747N1ZU | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varanium Capital Advisors Private Limited, buy the company report.
Recent activity
Varanium Capital Advisors Private Limited has 17 board changes on record since 2013: 4 appointments and 13 cessations. The latest: Vishal Bajpai ceased to be Additional Director on 26 Sep 2023.
8 earlier events are in the company report.
News
Frequently asked questions
Varanium Capital Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 07 May 1990 (36+ years old) and is registered under CIN U74899MH1990PTC450213.
Varanium Capital Advisors has 4 current directors:
- Aparajit Bhalchandra Bhandarkar - Whole-Time Director
- Vishal Bajpai - Director
- Parvathy Anantakrishnan - Director
- Tiruvilvamala Subramanian Anantakrishnan - Director
The latest financial statements of Varanium Capital Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Varanium Capital Advisors is 27AAACP5747N1ZW, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACP5747N1ZU (Uttar Pradesh).
The CIN (Corporate Identification Number) of Varanium Capital Advisors is U74899MH1990PTC450213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varanium Capital Advisors has 3 court cases on record: 3 filed against it.
Varanium Capital Advisors was incorporated on 07 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Varanium Capital Advisors has 3 deals on record (3 acquisitions); the latest was in April 2016.
The peers of Varanium Capital Advisors by revenue are Bay Capital Investment Advisors Private Limited, Zen Wealth Management Services Limited, N.V. Managements Private Limited, Iifl Commodities Limited, Vcare Investment Services Private Limited and 3 more, all in the BFSI industry (Portfolio Managers), with the same principal business activity (financial advisory, brokerage and consultancy services).
Vishal Bajpai ceased to be Additional Director on 26 Sep 2023. Vishal Bajpai was appointed as Director on 01 Apr 2023. Aparajit Bhalchandra Bhandarkar was appointed as Whole-Time Director on 13 Jun 2022. Varanium Capital Advisors has 17 board changes on record in total.
Varanium Capital Advisors can be reached through the website varaniumgroup.com. Its registered office is in Mumbai, Maharashtra, India.