About Vaarad Ventures Limited
Data last updated:
Vaarad Ventures Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 04 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65990MH1993PLC074306. Its GSTIN is 27AABCA2059D1Z4 (Maharashtra). The company holds 3 GST registrations, of which 2 are active. Its shares are listed on BSE: 532320.
The company has an authorised share capital of ₹41.5 Cr and a paid-up capital of ₹24.99 Cr. It was formerly known as Atco Corporation Limited. It is led by directors including Leena Vikram Doshi (Managing Director) and Sumair Farukbhai Vidha.
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 301 A Floor – 3 Plot – 8 Wadala Udyog Bhavan, Sewree Wadala Road No 26 Wadala Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.03 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹23.35 Lakh (net margin -232.8%) and EBITDA of -₹13.59 Lakh (EBITDA margin -135.5%). Revenue has declined at a compounded annual rate (CAGR) of 168% over three years and 24% over five years.
Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Vaarad and Vaarad Ventures. As per MCA filings, the company has satisfied charges of ₹3.34 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaaradventures.com.
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- Website
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- Registered Address301 A Floor – 3 Plot – 8 Wadala Udyog Bhavan, Sewree Wadala Road No 26 Wadala Mumbai, Maharashtra, India – 400031
- IndustryFinancial Services, Investment & Credit NBFC, 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
Financials of Vaarad Ventures Limited FY 2025 filings available
Vaarad Ventures Limited reported revenue of ₹10.03 Lakh (up 911773% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vaarad Ventures Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years. EBITDA rose 21% 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 Vaarad Ventures Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹13.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.35 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Vaarad Ventures Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -135.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -232.8% | •••• | •••• | •••• | •••• |
| 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 Vaarad Ventures 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 Vaarad Ventures Limited
Vaarad Ventures Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Its own revenue is ₹10.03 Lakh.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunrise Manufacturing Company Limited | ₹10.11 Lakh | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Escorts Tradelink Pvt Ltd | ₹10.09 Lakh | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Bulti Leasing and Finance Limited | ₹10.07 Lakh | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Urvee Investment Pvt Ltd | ₹10.06 Lakh | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Unicon Vyapaar Private Limited | ₹10.05 Lakh | •••• | •••• | •••• | - | New Town, West Bengal, India |
| Vaarad Ventures Limited this company | ₹10.03 Lakh | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Gateway Fincons India Limited | ₹10.03 Lakh | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Vishwaratan Vinimay Pvt Ltd | ₹10.02 Lakh | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Tatharth Leasing Finance Private Limited | ₹10.01 Lakh | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Priyanka Trexim & Commerce Pvt. Ltd. | ₹10.01 Lakh | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| True-Man Consultants Pvt Ltd | ₹10 Lakh | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Vaarad Ventures 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 growth of each peer are in the company report.
Auditor Details of Vaarad Ventures Limited
Vaarad Ventures Limited is audited by J. D. Jhaveri& Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. D. Jhaveri& Associates | 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 Vaarad Ventures Limited
Vaarad Ventures has 6 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumair Farukbhai Vidha Also directs: Asset Resolution Services India Private Limited, Atcom Technologies Limited, Kimaya Wellness Limited and 5 more | Director | 25 Aug 2020 | 6 Years 1 Months | Current |
| Piyush Arun Vora | Director | 19 Feb 2010 | 16 Years 7 Months | Current |
| Harsh Vikram Doshi | Director | 16 Mar 2019 | 7 Years 6 Months | Current |
| Leena Vikram Doshi Also directs: Varprada Traders LLP, Atcom Technologies Limited, Hata Bevtech Private Limited and 3 more | Managing Director | 17 Dec 2007 | 18 Years 9 Months | Current |
| Nitin Hariyantlal Datanwala Also directs: Scuba Diving and Hospitality LLP, Oseaspre Consultants Limited, Technojet Consultants Ltd and 4 more | Director | 08 Dec 2017 | 8 Years 9 Months | Current |
| Tanvi Doshi Vikram | Director | 11 Oct 2022 | 3 Years 11 Months | Current |
Ownership and Shareholding of Vaarad Ventures Limited
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 Vaarad Ventures Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 1999 | G. I. I. C. Ltd | ₹3.2 Cr | Satisfied |
| 23 Feb 1999 | The Saraswat Co-Op Bank Ltd | ₹5.17 Lakh | Satisfied |
| 24 May 1998 | The Saraswat Co-Op Bank Ltd | ₹8.44 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Vaarad Ventures Limited
Vaarad Ventures Limited has 6 court cases on record: 4 filed by Vaarad Ventures, 1 filed against it, 1 where it is another party. 2 cases are pending and 4 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 2 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRR) | Filed against the company by Reliance Capital Ltd | Pending |
| Bombay High Court | Court case (APP) | Filed by the company against Reliance Capital Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Reliance Capital Ltd | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Pending |
| District court, Daman, The Dadra And Nagar Haveli And Daman And Diu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 6 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.
Associated Brands with Vaarad Ventures Limited
Vaarad Ventures operates two associated brands: Vaarad and Vaarad Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Private equity firm focused on technology, mineral water, supply chain management, and database management | vaaradventures.com | |
| Provider of investment strategy services | vaarad.com |
Employees and EPFO Compliance at Vaarad Ventures Limited
Employment history and EPFO contributions of people linked to Vaarad Ventures.
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.
Group Structure of Vaarad Ventures Limited
Vaarad Ventures has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Edesk Services Limited | U15540MH2004PTC223176 | Locked |
| Atco Limited | U29219MH2010PLC201847 | Locked |
| Varuna Drinking Water Solutions Limited | U41000MH2011PLC214211 | Locked |
Showing major subsidiaries. Total: 3.
CIN History of Vaarad Ventures Limited
Vaarad Ventures has one previous CIN (Corporate Identification Number): L33130MH1993PLC074306. The current CIN is L65990MH1993PLC074306, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65990MH1993PLC074306 | Current |
| L33130MH1993PLC074306 | Previous |
Recent Activity on Vaarad Ventures Limited
Vaarad Ventures Limited has 35 board changes on record since 2002: 21 appointments and 14 cessations. The latest: Narendrakumar Joshi was appointed as Company Secretary on 04 Mar 2025.
32 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vaarad Ventures Limited
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 Vaarad Ventures Limited
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 Vaarad Ventures Limited
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 Vaarad Ventures Limited
Vaarad Ventures has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA2059D1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 26AABCA2059D1Z6 | Daman & Diu | Active | 01 Aug 2020 |
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 Vaarad Ventures Limited
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 Vaarad Ventures Limited
Vaarad Ventures is an active public limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 04 October 1993 (33+ years old) and is registered under CIN L65990MH1993PLC074306. Listed on BSE: 532320.
Vaarad Ventures reported revenue of ₹10.03 Lakh for FY 2025 (up 911773% YoY).
Vaarad Ventures has 6 current directors:
- Leena Vikram Doshi - Managing Director
- Sumair Farukbhai Vidha - Director
- Piyush Arun Vora - Director
- Harsh Vikram Doshi - Director
- Nitin Hariyantlal Datanwala - Director
- Tanvi Doshi Vikram - Director
Vaarad Ventures reported a net loss of ₹23.35 Lakh (net margin -232.8%) and EBITDA of -₹13.59 Lakh (EBITDA margin -135.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vaarad Ventures is 168% over three years and -24% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vaarad Ventures is 27AABCA2059D1Z4, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 26AABCA2059D1Z6 (Daman & Diu).
The CIN (Corporate Identification Number) of Vaarad Ventures is L65990MH1993PLC074306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vaarad Ventures is listed on BSE with code 532320.
Vaarad Ventures has 6 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Vaarad Ventures was incorporated on 04 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vaarad Ventures by revenue are Sunrise Manufacturing Company Limited, Escorts Tradelink Pvt Ltd, Bulti Leasing and Finance Limited, Urvee Investment Pvt Ltd, Unicon Vyapaar Private Limited and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).