Varun Finstock Private Limited
About Varun Finstock Private Limited
Data last updated:
Varun Finstock Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 13 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1999PTC037005. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Piyush Mafatlal Bhansali and Yogesh Mafatlal Bhansali.
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 27 1st Floor New Cloth Marketo/S Raipur Gate, Ahmedabad, Gujarat, India – 380002.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.26 Lakh, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹3.71 Lakh (net margin 44.9%) and EBITDA of ₹3.71 Lakh (EBITDA margin 44.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 13% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varun Finstock Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address27 1st Floor New Cloth Marketo/S Raipur Gate, Ahmedabad, Gujarat, India – 380002
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Varun Finstock 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 Varun Finstock is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Varun Finstock Private Limited, buy the company report.
Financials of Varun Finstock Private Limited
FY 2025 filings availableVarun Finstock Private Limited reported revenue of ₹8.26 Lakh (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 48% growth in the latest year. EBITDA rose 206% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.71 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.9% | ||||
| Net Profit Margin | 44.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Varun Finstock Private Limited, buy the company report.
Board of directors of Varun Finstock Private Limited
Varun Finstock has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Mafatlal Bhansali | Director | 13 Dec 1999 | 26 Years 11 Months | Current |
| Yogesh Mafatlal Bhansali | Director | 13 Dec 1999 | 26 Years 11 Months | Current |
| Naresh Rajnikant Patel | Director | 13 Dec 1999 | 26 Years 11 Months | Current |
Peer comparison
Varun Finstock Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Allamprabhu Chits Private Limited | ₹8.28 Lakh (FY 2018) | 413667.0% | Raibag, Karnataka, India | |||
| Maa Ashapura Nidhi Limited | ₹8.27 Lakh (FY 2022) | 178.0% | Bundi, Rajasthan, India | |||
| Friends Utsarga Welfare Self Help Foundation | ₹8.27 Lakh (FY 2024) | 24.0% | Kolkata, West Bengal, India | |||
| BLSM Chit Funds Private Limited | ₹8.27 Lakh (FY 2024) | 1406.0% | Tirupur, Tamil Nadu, India | |||
| Arsha Chits Private Limited | ₹8.26 Lakh (FY 2015) | -34.0% | Thrissur, Kerala, India | |||
| Varun Finstock Private Limitedthis company | ₹8.26 Lakh (FY 2025) | ₹3.71 Lakh | 44.9% | 48.0% | Ahmedabad, Gujarat, India | |
| Lemon Peak Payment Services Private Limited | ₹8.26 Lakh (FY 2024) | -59.0% | Chennai, Tamil Nadu, India | |||
| Msnguptha Chits Private Limited | ₹8.26 Lakh (FY 2025) | 34.0% | Mysore, Karnataka, India | |||
| Lexi Exports Pvt Ltd | ₹8.26 Lakh (FY 2021) | -77.0% | Kolkata, West Bengal, India | |||
| Goverdhanam Finvest Nidhi Limited | ₹8.26 Lakh (FY 2025) | -65.0% | Jaipur, Rajasthan, India | |||
| NN Shares and Stocks Private Limited | ₹8.26 Lakh (FY 2025) | -23.0% | Chandigarh, India |
To see the full peer comparison of Varun Finstock Private Limited, buy the company report.
Legal cases
Varun Finstock Private Limited has 2 court cases on record: 1 filed by Varun Finstock, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax - I | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Assistant Commissioner of Income Tax, Circle - 3 | Disposed |
To see the full case history of Varun Finstock 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 Varun Finstock Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varun Finstock has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Varun Finstock Private Limited, buy the company report.
Recent activity
Varun Finstock Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Naresh Rajnikant Patel was appointed as Director on 13 Dec 1999.
Frequently asked questions
Varun Finstock is an active private limited company based in Ahmedabad, Gujarat, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 13 December 1999 (27+ years old) and is registered under CIN U67120GJ1999PTC037005.
Varun Finstock has 3 current directors:
- Piyush Mafatlal Bhansali - Director
- Yogesh Mafatlal Bhansali - Director
- Naresh Rajnikant Patel - Director
The latest financial statements of Varun Finstock 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.
No. Varun Finstock has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Varun Finstock is U67120GJ1999PTC037005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varun Finstock has 2 court cases on record: 1 filed by the company and 1 filed against it.
Varun Finstock was incorporated on 13 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Varun Finstock by revenue are Allamprabhu Chits Private Limited, Maa Ashapura Nidhi Limited, Friends Utsarga Welfare Self Help Foundation, BLSM Chit Funds Private Limited, Arsha Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Naresh Rajnikant Patel was appointed as Director on 13 Dec 1999. Piyush Mafatlal Bhansali was appointed as Director on 13 Dec 1999. Yogesh Mafatlal Bhansali was appointed as Director on 13 Dec 1999.
The registered office of Varun Finstock is at 27 1st Floor New Cloth MarketoS Raipur Gate, Ahmedabad, Gujarat, India – 380002.
Varun Finstock operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
