Varigate Advisory Services Private Limited
About Varigate Advisory Services Private Limited
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Varigate Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 18 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93030MH2010PTC210168.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanjay Otawat and Amita Sanjay Otawat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B/604 Mahadev Tower Thakur Complex Kandivali (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.93 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1,350 (net margin 0.7%) and EBITDA of ₹1,600 (EBITDA margin 0.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varigate Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/604 Mahadev Tower Thakur Complex Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Varigate Advisory Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Varigate Advisory Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Varigate Advisory Services Private Limited, buy the company report.
Financials of Varigate Advisory Services Private Limited
FY 2025 filings availableVarigate Advisory Services Private Limited reported revenue of ₹1.93 Lakh (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 105% 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 | ₹1,600 | ||||
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| Net Profit (PAT) | ₹1,350 | ||||
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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 | 0.8% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Varigate Advisory Services Private Limited, buy the company report.
Board of directors of Varigate Advisory Services Private Limited
Varigate Advisory Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Otawat | Director | 18 Nov 2010 | 15 Years 11 Months | Current |
| Amita Sanjay Otawat | Director | 22 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
Varigate Advisory Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| The Kurla Savings and General Finance Private Limited | ₹1.95 Lakh (FY 2025) | -53.0% | Mumbai, Maharashtra, India | |||
| Rittika Commerce Pvt Ltd | ₹1.94 Lakh (FY 2025) | 2.0% | Kokata, West Bengal, India | |||
| Mahabir Projects Private Limited | ₹1.94 Lakh (FY 2025) | 11.0% | Siliguri, West Bengal, India | |||
| JPJN Financial Services Private Limited | ₹1.93 Lakh (FY 2025) | -43.0% | New Delhi, Delhi, India | |||
| Finsharti Nidhi Limited | ₹1.93 Lakh (FY 2025) | -79.0% | Jalore, Rajasthan, India | |||
| Varigate Advisory Services Private Limitedthis company | ₹1.93 Lakh (FY 2025) | ₹1,350 | 0.7% | 28.0% | Mumbai, Maharashtra, India | |
| SW Smart Business Private Limited | ₹1.93 Lakh (FY 2025) | Kopargaon, Maharashtra, India | ||||
| Tirupati Balaji Forex Private Limited | ₹1.92 Lakh (FY 2025) | 115.0% | Ferozepur, Punjab, India | |||
| V R Finlease Private Limited | ₹1.92 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Godrej Holdings Private Limited | ₹1.91 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Stallions Infinite Solutions Private Limited | ₹1.91 Lakh (FY 2025) | -52.0% | Anand, Gujarat, India |
To see the full peer comparison of Varigate Advisory Services Private Limited, buy the company report.
Auditor
Varigate Advisory Services Private Limited is audited by S.R.GHEDIA AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.GHEDIA AND ASSOCIATES | FY 2017 | 118560W |
Shareholding
The shareholding of Varigate Advisory Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Varigate Advisory Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varigate Advisory Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varigate Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Varigate Advisory Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varigate Advisory Services Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Amita Sanjay Otawat was appointed as Director on 22 Jul 2013.
Frequently asked questions
Varigate Advisory Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 18 November 2010 (16+ years old) and is registered under CIN U93030MH2010PTC210168.
Varigate Advisory Services has 2 current directors:
- Sanjay Otawat - Director
- Amita Sanjay Otawat - Director
The latest financial statements of Varigate Advisory Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Varigate Advisory Services is U93030MH2010PTC210168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varigate Advisory Services was incorporated on 18 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Varigate Advisory Services by revenue are The Kurla Savings and General Finance Private Limited, Rittika Commerce Pvt Ltd, Mahabir Projects Private Limited, JPJN Financial Services Private Limited, Finsharti Nidhi Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Amita Sanjay Otawat was appointed as Director on 22 Jul 2013. Ashok Kumar Katial ceased to be Director on 22 Jul 2013. Ritu Amit Kansara ceased to be Director on 30 Aug 2012. Varigate Advisory Services has 4 board changes on record in total.
The registered office of Varigate Advisory Services is at B604 Mahadev Tower Thakur Complex Kandivali East, Mumbai, Maharashtra, India – 400101.
Varigate Advisory Services operates in the financial services industry, in the financial activities segment.
The compliance status of Varigate Advisory Services is compliant as of 13 August 2026. The company is actively filing with the Registrar of Companies.
Varigate Advisory Services can be reached at its registered office: B604 Mahadev Tower Thakur Complex Kandivali East, Mumbai, Maharashtra, India – 400101.
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