
Vernon Traders Private Limited
About Vernon Traders Private Limited
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Vernon Traders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 19 January 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1985PTC035114.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Komal Vinodchandra Bhatt (Managing Director) and Bina Bhasker Modi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹27,482, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹3.22 Lakh and EBITDA of -₹3.48 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vernon Traders Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJ – 124 Floor – 12 Plot – 85 J Maker Tower G D Somani Marg World Trade Centre Cuf, Fe Parade, Mumbai, Maharashtra, India – 400005
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Vernon Traders 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 Vernon Traders 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 Vernon Traders Private Limited, buy the company report.
Financials of Vernon Traders Private Limited
FY 2025 filings availableVernon Traders Private Limited reported revenue of ₹27,482 (down 71% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 71% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹27,482 | ||||
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| Total Expenses | |||||
| EBITDA | -₹3.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.22 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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To see the full financial statements and ratios of Vernon Traders Private Limited, buy the company report.
Board of directors of Vernon Traders Private Limited
Vernon Traders has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bina Bhasker Modi | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Dineshchandra Kapadia | Director | 15 Mar 2017 | 9 Years 7 Months | Current |
| Komal Vinodchandra Bhatt Also directs: Shivgopal Trading Company Private Limited | Managing Director | 15 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Vernon Traders Private Limited is audited by BHUMIT SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUMIT SHAH & ASSOCIATES | FY 2017 | 171556 |
Shareholding
The shareholding of Vernon Traders 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 Vernon Traders Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vernon Traders 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 Vernon Traders 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 Vernon Traders Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vernon Traders Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Bina Bhasker Modi was appointed as Director on 30 Sep 2019.
Frequently asked questions
Vernon Traders is an active private limited company based in Mumbai, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 19 January 1985 (41+ years old) and is registered under CIN U51900MH1985PTC035114.
Vernon Traders has 3 current directors:
- Komal Vinodchandra Bhatt - Managing Director
- Bina Bhasker Modi - Director
- Dineshchandra Kapadia - Director
The latest financial statements of Vernon Traders 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 Vernon Traders is U51900MH1985PTC035114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vernon Traders was incorporated on 19 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Bina Bhasker Modi was appointed as Director on 30 Sep 2019. Komal Vinodchandra Bhatt ceased to be Director on 03 Jun 2019. Gangaram Tukaram Kamble ceased to be Director on 21 Feb 2018. Vernon Traders has 7 board changes on record in total.
The registered office of Vernon Traders is at J – 124 Floor – 12 Plot – 85 J Maker Tower G D Somani Marg World Trade Centre Cuf, Fe Parade, Mumbai, Maharashtra, India – 400005.
Vernon Traders operates in the financial services industry, in the advisory segment.
The compliance status of Vernon Traders is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
Vernon Traders can be reached at its registered office: J – 124 Floor – 12 Plot – 85 J Maker Tower G D Somani Marg World Trade Centre Cuf, Fe Parade, Mumbai, Maharashtra, India – 400005.