Varanasi Commercial Ltd - Company Profile

It is a financial services public limited company based in Kolkata, West Bengal, India, established in 1979.
1979 Kolkata, West Bengal, India Active
Last Updated:
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About Varanasi Commercial Ltd

Varanasi Commercial Ltd, a active public limited company, was established on 09 March 1979 in Kolkata, West Bengal, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U24111WB1979PLC031911. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.06 Cr.

It upholds a compliant status. Its leadership includes Rajiv Agarwal (Director), Padam Prakash Gupta (Director), Sanjay Kumar Bhuwalka (Director). Past directors included Ankit Saraiya, Prabhakaran Puthanveettil Kandanath, Manoj Chandak. It holds ₹24.70 Cr open charges and no settled loans. Its latest AGM occurred on 05 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3F - Park Plaza, 71, Park Street, Kolkata, West Bengal, 700016.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U24111WB1979PLC031911

  • Registration Number

    031911

  • Incorporation Date

    09 March 1979

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.06 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.06 Cr
  • Company Age 47 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 24.70 Cr
  • Revenue Growth **** -7.23%
  • Profit Growth **** -20.47%
  • Ebitda **** 63.23%
  • Net Worth 2.60%
  • Total Assets **** 2.67%
Company report

Varanasi Commercial Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Varanasi Commercial Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Varanasi Commercial Ltd?
Current Directors
Name Designation Appointment Date Status
Rajiv Agarwal Director 26 Mar 2015 Current
Padam Prakash Gupta Director 01 Oct 2019 Current
Sanjay Kumar Bhuwalka Director 19 Nov 2009 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 15 Mar 2019 Past
Pramod Abcsdd Company Secretary 21 Sep 2010 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Director Appointed In Casual Vacancy 30 Sep 2020 Past
Pramod Abcsdd Director 26 Mar 2015 Past

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Financial Performance of Varanasi Commercial.

Varanasi Commercial Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.23% decrease. The company also saw a substantial fall in profitability, with a 20.47% decrease in profit. The company's net worth moved up by a moderate rise of 2.6%.

Varanasi Commercial revenue growth over time
Varanasi Commercial profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -7.23%
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*******
*******
Revenue from Operations
*******
 -4.90%
*******
*******
*******
*******
Total Assets
*******
 2.67%
*******
*******
*******
*******
Profit or Loss
*******
 -20.47%
*******
*******
*******
*******
Net Worth
*******
 2.60%
*******
*******
*******
*******
EBITDA
*******
 63.23%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Varanasi Commercial?

In 2023, Varanasi Commercial had a promoter holding of 73.29% and a public holding of 26.71%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹247,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Vijaya Bank : 22.45 Cr
  • Others : 2.25 Cr
Latest Charge Details
Date Lender Amount Status
26 Nov 2025 Others ₹2.25 Cr Open
16 Jul 1996 Vijaya Bank ₹22.45 Cr Open

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How Many Employees Work at Varanasi Commercial?

Unlock and access historical data on people associated with Varanasi Commercial, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varanasi Commercial, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Varanasi Commercial's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Varanasi Commercial
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 2.25 Cr with Charge ID 101200535 was registered on 26 Nov 2025. was completed.

  • Annual General Meeting

    The activity Varanasi Commercial Ltd last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Varanasi Commercial Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was recorded as a recent event.

  • Director Appointment

    Progress on Padam Prakash Gupta was appointed as a Director was appointed as a Director on 01 Oct 2019 & has been associated with this company since 6 years 8 months . was documented.

  • Director Appointment

    The activity Rajiv Agarwal was appointed as a Director was appointed as a Director on 26 Mar 2015 & has been associated with this company since 11 years 2 months . was completed.

  • Director Appointment

    Sanjay Kumar Bhuwalka was appointed as a Director was appointed as a Director on 19 Nov 2009 & has been associated with this company since 16 years 6 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Varanasi Commercial Ltd?

The CIN of Varanasi Commercial Ltd is U24111WB1979PLC031911.

Where is Varanasi Commercial Ltd headquartered?

Varanasi Commercial Ltd is headquartered at 3F - Park Plaza, 71, Park Street, Kolkata, West Bengal, 700016.

When was Varanasi Commercial Ltd incorporated?

Varanasi Commercial Ltd was incorporated on 09 March 1979.

Who are the current directors of Varanasi Commercial Ltd?

The current directors of Varanasi Commercial Ltd are

What is the primary industry of Varanasi Commercial Ltd?

The primary industry of Varanasi Commercial Ltd is Financial And Insurance Service.

Is Varanasi Commercial Ltd a listed company?

Varanasi Commercial Ltd is unlisted.

What is the capital structure of Varanasi Commercial Ltd?

The authorized capital of Varanasi Commercial Ltd is ₹2.50 Cr, and the paid-up capital is ₹2.06 Cr.

What is the compliance status of Varanasi Commercial Ltd?

The compliance status of Varanasi Commercial Ltd is Compliant.

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