About Vaarse Beauty Private Limited
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Vaarse Beauty Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cosmetics and makeup products segment of the FMCG sector. It was incorporated on 17 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36990MH2016PTC281257. Its GSTIN is 27AAFCV4616H1Z8 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Nimish Indubhai Kapashi and Varsha Praful Dalal.
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 3 – B 3rd Floor Nishuvi 75 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2020, the company reported a revenue of ₹18.76 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹3.5 Lakh (net margin -18.7%) and EBITDA of -₹23.71 Lakh (EBITDA margin -126.4%). Revenue has grown at a compounded annual rate (CAGR) of 232% over three years.
The company has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaarse.com.
Company details
Contact details
Vaarse Beauty Private Limited's registered office is in Mumbai, Maharashtra. Its website is vaarse.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address3 – B 3rd Floor Nishuvi 75 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryFMCG, Cosmetics & Makeup Products, Personal Care & Skincare Products
To see the full contact details of Vaarse Beauty 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
Financials of Vaarse Beauty Private Limited
FY 2025 filings availableVaarse Beauty Private Limited reported revenue of ₹18.76 Lakh (up 4% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 232% over three years, including 4% growth 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹18.76 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹23.71 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.5 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -126.4% | |||
| Net Profit Margin | -18.7% | |||
| 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 Vaarse Beauty Private Limited, buy the company report.
Board of directors of Vaarse Beauty Private Limited
Vaarse Beauty has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimish Indubhai Kapashi Also directs: Nishuvi Trading LLP, Divine Cosmetics LLP, N P K Enterprise Private Limited and 1 more | Director | 29 Jul 2016 | 10 Years 3 Months | Current |
| Varsha Praful Dalal Also directs: Divine Cosmetics LLP | Director | 29 Jul 2016 | 10 Years 3 Months | Current |
| Paresh Sevantilal Kapashi Also directs: Nishuvi Trading LLP, Divine Cosmetics LLP, N P K Enterprise Private Limited and 1 more | Director | 29 Jul 2016 | 10 Years 3 Months | Current |
Shareholding
The shareholding of Vaarse Beauty Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vaarse Beauty Private Limited, buy the company report.
Deals & funding
Vaarse Beauty Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Funding round | ₹99 Lakh | Investors: Divine Cosmetics LLP |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Vaarse Beauty 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 Vaarse Beauty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaarse Beauty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV4616H1Z8 | Maharashtra | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of Vaarse Beauty Private Limited, buy the company report.
Recent activity
Vaarse Beauty Private Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Nimish Indubhai Kapashi ceased to be Additional Director on 15 Dec 2017.
Frequently asked questions
Vaarse Beauty is an active private limited company based in Mumbai, Maharashtra, India. The company works in cosmetics and makeup products, within the FMCG industry. It was incorporated on 17 May 2016 (10+ years old) and is registered under CIN U36990MH2016PTC281257.
Vaarse Beauty has 3 current directors:
- Nimish Indubhai Kapashi - Director
- Varsha Praful Dalal - Director
- Paresh Sevantilal Kapashi - Director
The latest financial statements of Vaarse Beauty 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 FY 2017 are in the company report.
The GSTIN of Vaarse Beauty is 27AAFCV4616H1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vaarse Beauty is U36990MH2016PTC281257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaarse Beauty was incorporated on 17 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Vaarse Beauty has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2016.
Nimish Indubhai Kapashi ceased to be Additional Director on 15 Dec 2017. Paresh Sevantilal Kapashi ceased to be Additional Director on 15 Dec 2017. Varsha Praful Dalal ceased to be Additional Director on 15 Dec 2017. Vaarse Beauty has 8 board changes on record in total.
Vaarse Beauty can be reached through the website vaarse.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vaarse Beauty is at 3 – B 3rd Floor Nishuvi 75 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
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