About Varun Mercantile
Varun Mercantile is a company based in Mumbai (India) founded in 2015. It operates as an it serves as a limited information available. Its Indian entity Varun Mercantile Limited reported revenue of ₹37.9 Lakh. Its competitors include BSE India, NSE India, MSEI, StockHolding Corporation of India and India INX and 2 more; 3 of its 7 listed competitors have raised funding.
Company details
Varun Mercantile, established in 2015, excels in it serves as a limited information available. It serves as a limited information available. Committed to advancing standards, it focuses on innovation and efficiency. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
- Headquarters Mumbai, India
- Website vml.org.in
- Legal Name Varun Mercantile Limited
- Date of Incorporation 12 Feb, 1985
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹37.9 Lakh
FY 2025 · +14% YoY
- Net Profit₹13 Lakh
FY 2025 · 34% margin
- EBITDA₹22.6 Lakh
FY 2025 · 60% margin
Associated legal entities of Varun Mercantile
Varun Mercantile operates through Varun Mercantile Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varun Mercantile Limited Listed CIN L51909MH1985PLC321068 | Active | 12 Feb 1985 | Mumbai, Maharashtra | ₹0.4 Cr | – | 6 | View details |
Board of directors of Varun Mercantile Limited (Varun Mercantile)
Varun Mercantile Limited is the primary company behind Varun Mercantile. The board of Varun Mercantile Limited currently have 4 directors; the longest-serving is Mehul Rajnikant Shah, appointed in 2018. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mehul Rajnikant Shah DIN 00094503 | Director | 03 Dec 2018 | 7 yrs 10 mo | Varun Mercantile Limited |
| Ambalal Tolchandji Jain DIN 01073113 | Director | 03 Dec 2018 | 7 yrs 10 mo | Varun Mercantile Limited |
| Sanjay Tukaram More DIN 07711625 | Director | 10 May 2021 | 5 yrs 5 mo | Varun Mercantile Limited |
| Jyothi Anil Menon DIN 09484769 | Director | 31 Mar 2025 | 1 yr 6 mo | Varun Mercantile Limited |
Financials of Varun Mercantile
Figures of Varun Mercantile Limited, the primary company behind Varun Mercantile, for FY 2025. Revenue was ₹37.9 Lakh (+14% year on year). Net profit was ₹13 Lakh (34% margin). EBITDA was ₹22.6 Lakh (60% margin). Revenue has grown at a compounded annual rate of +15% over three years and +2% over five years.
- ₹37.9 LakhRevenue · FY 2025 · +14% YoY
- ₹13 LakhNet profit · 34% margin
- ₹22.6 LakhEBITDA · 60% margin
- ₹1.99 CrPaid-up capital
- +15%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Varun Mercantile Limited are on its company page.
Detailed financial statements for Varun Mercantile
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Competitors of Varun Mercantile
Varun Mercantile has 7 listed competitors in our database, 3 of them funded. They include BSE India, NSE India, MSEI, StockHolding Corporation of India and India INX, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bseindia.com | 1875 | Mumbai, India | $42.77M | 937 | Equities and securities are traded on India's oldest stock exchange. | |
| nseindia.com | 1992 | Mumbai, India | $483.34M | 1,873 | Stock exchange services including equities and derivatives are offered. | |
| msei.in | 2008 | Mumbai, India | $59.86M | 108 | National-level stock exchange offering electronic trading platforms for various financial instruments, including equity, derivatives, currency, debt, and SME platforms | |
| stockholding.com | 1986 | Mumbai, India | – | 1,282 | Serves as a custodial service provider for listed securities. | |
| indiainxga.com | 2017 | India | – | 4 | Online stock trading is facilitated by India INX platform. | |
| finexforex.co.in | 2011 | Kochi, India | – | – | Provides comprehensive foreign exchange and financial services for individuals and corporate clients. | |
| rajgul.com | 1956 | Delhi, India | – | – | Provides investment solutions, equity research, mutual fund advisory, and wealth management for individuals and institutions. |
Detailed competitors of Varun Mercantile
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Web traffic of Varun Mercantile
The website of Varun Mercantile (vml.org.in) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 2.1% vs previous month
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Frequently Asked Questions about Varun Mercantile
Varun Mercantile was founded in 2015.
Varun Mercantile is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Varun Mercantile, Varun Mercantile Limited, reported revenue of ₹37.9 Lakh for FY 2025, up 14% year on year.
Varun Mercantile, established in 2015, excels in it serves as a limited information available. It serves as a limited information available. Committed to advancing standards, it focuses on innovation and efficiency. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
Varun Mercantile operates through Varun Mercantile Limited.
The legal entities of Varun Mercantile currently have 6 directors, including Mehul Rajnikant Shah, Ambalal Tolchandji Jain, Sanjay Tukaram More and others.