Variable Plaza Pvt Ltd
About Variable Plaza Pvt Ltd
Data last updated:
Variable Plaza Pvt Ltd is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Abhishek Chemicals Pvt. Ltd.. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 05 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB1993PTC060669. Its GSTIN is 19AAACV8935A1ZA (West Bengal).
The company has an authorised share capital of ₹2.21 Cr and a paid-up capital of ₹2.2 Cr. It is led by directors including Prakash Chandra Himatsingka (Managing Director) and Vikram Himatsingka.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Poddar Point 113 Park Stb Block 10th Fl, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.98 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.9 Lakh (net margin 3.4%) and EBITDA of ₹12.93 Lakh (EBITDA margin 15%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 25% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPoddar Point 113 Park Stb Block 10th Fl, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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
- One PDF report, delivered after checkout
Business Activity of Variable Plaza Pvt Ltd
The main business activity of Variable Plaza is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Variable Plaza Pvt Ltd FY 2025 filings available
Variable Plaza Pvt Ltd reported revenue of ₹85.98 Lakh (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Variable Plaza Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 37% fall in the latest year. EBITDA fell 30% 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 of Variable Plaza Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.9 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Variable Plaza Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Variable Plaza are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Variable Plaza Pvt Ltd
Variable Plaza Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scintilla Commercial & Credit Ltd Listed | ₹86.27 Lakh (FY 2019) | •••• | •••• | 42.0% | •••• | Kolkata, West Bengal, India |
| Aura Finance & Holdings Private Limited | ₹86.13 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Chennai, Tamil Nadu, India |
| TDS Fincap Private Limited | ₹86.1 Lakh (FY 2020) | •••• | •••• | -52.0% | •••• | Indore, Madhya Pradesh, India |
| Mount Shikhar Financial Services Limited | ₹86.04 Lakh (FY 2025) | •••• | •••• | 89.0% | •••• | New Delhi, Delhi, India |
| Kamna Deposits and Advances Pvt Ltd | ₹86.03 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Variable Plaza Pvt Ltd this company | ₹85.98 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Camlin Tie Up Pvt Ltd | ₹85.9 Lakh (FY 2024) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
| Dimensional Investors Services Pvt.Ltd. | ₹85.89 Lakh (FY 2025) | •••• | •••• | 116.0% | •••• | Kolkata, West Bengal, India |
| JHP Finvest Private Limited | ₹85.88 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Mumbai, Maharashtra, India |
| Todays Holdings Private Limited | ₹85.79 Lakh (FY 2018) | •••• | •••• | 17158080.0% | •••• | New Delhi, Delhi, India |
| Sunidhi Fincon Private Limited | ₹85.79 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Variable Plaza by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Variable Plaza Pvt Ltd
Variable Plaza Pvt Ltd is audited by KAMAL MALL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAMAL MALL & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Variable Plaza Pvt Ltd
Variable Plaza has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Chandra Himatsingka | Managing Director | 05 May 2016 | 10 Years 5 Months | Current |
| Vikram Himatsingka Also directs: Abhishek Chemicals Pvt. Ltd. | Director | 01 Apr 2001 | 25 Years 6 Months | Current |
| Avishek Himatsingka | Director | 01 Apr 2001 | 25 Years 6 Months | Current |
Ownership and Shareholding of Variable Plaza Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Variable Plaza Pvt Ltd
Variable Plaza Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Variable Plaza Pvt Ltd
Variable Plaza Pvt Ltd has 2 court cases on record: 2 filed by Variable Plaza. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Company petition | Filed by the company | Disposed |
| Calcutta High Court | Appeal | Filed by the company | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Variable Plaza Pvt Ltd
Employment history and EPFO contributions of people linked to Variable Plaza.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Variable Plaza Pvt Ltd
Variable Plaza Pvt Ltd has 3 board changes on record since 2001: 3 appointments. The latest: Prakash Chandra Himatsingka was appointed as Managing Director on 05 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Variable Plaza Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Variable Plaza Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Variable Plaza Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Variable Plaza Pvt Ltd
Variable Plaza has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACV8935A1ZA | West Bengal | Active | 16 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Variable Plaza Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Variable Plaza Pvt Ltd
Variable Plaza is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 05 November 1993 (33+ years old) and is registered under CIN U51109WB1993PTC060669.
Variable Plaza reported revenue of ₹85.98 Lakh for FY 2025 (down 37% YoY).
Variable Plaza has 3 current directors:
- Prakash Chandra Himatsingka - Managing Director
- Vikram Himatsingka - Director
- Avishek Himatsingka - Director
Variable Plaza reported a net profit of ₹2.9 Lakh (net margin 3.4%) and EBITDA of ₹12.93 Lakh (EBITDA margin 15%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Variable Plaza is -3% over three years and -25% over five years. In the latest year (FY 2025) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Variable Plaza is 19AAACV8935A1ZA, registered in West Bengal.
The CIN (Corporate Identification Number) of Variable Plaza is U51109WB1993PTC060669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variable Plaza has 2 court cases on record: 2 filed by the company.
Variable Plaza was incorporated on 05 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Variable Plaza by revenue are Scintilla Commercial & Credit Ltd, Aura Finance & Holdings Private Limited, TDS Fincap Private Limited, Mount Shikhar Financial Services Limited, Kamna Deposits and Advances Pvt Ltd and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Prakash Chandra Himatsingka was appointed as Managing Director on 05 May 2016. Avishek Himatsingka was appointed as Director on 01 Apr 2001. Vikram Himatsingka was appointed as Director on 01 Apr 2001.