About Varanium Lifestyle Limited
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Varanium Lifestyle Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 22 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18209MH2021PLC359369. Its GSTIN is 27AAICV0328B1ZO (Maharashtra).
The company has an authorised share capital of ₹5.4 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors Harshawardhan Hanmant Sabale and Ashutosh Chhawchharia.
Its last annual general meeting (AGM) was held on 13 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at First Floor Plot No. 244 – A Rdp 2 Cts 1374/B Vill. Versova Svp Nagar Four Bungalows, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2023, the company reported a revenue of ₹74.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.84 Cr (net margin 26.5%) and EBITDA of ₹27.45 Cr (EBITDA margin 36.6%).
The company is associated with 2 brands: ENGN and Varanium Lifestyle Ltd. The company has 2 deals on record (2 secondary share transfers); the latest was in November 2022. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vrnmlife.com.
Company details
CIN history
Varanium Lifestyle has one previous CIN (Corporate Identification Number): U18209MH2021PTC359369. The current CIN is U18209MH2021PLC359369, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18209MH2021PLC359369 | Current |
| U18209MH2021PTC359369 | Previous |
Contact details
Varanium Lifestyle Limited's registered office is in Mumbai, Maharashtra. Its website is vrnmlife.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor Plot No. 244 – A Rdp 2 Cts 1374/B Vill. Versova Svp Nagar Four Bungalows, Mumbai, Maharashtra, India – 400053
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of Varanium Lifestyle 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
Brands
Varanium Lifestyle operates two associated brands: ENGN and Varanium Lifestyle Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a direct-to-consumer brand offering women's sportswear. | engn.in | |
| A retail company specializing in fashion, flair, and fitness apparel products. | vrnmlife.com |
Business activity
The main business activity of Varanium Lifestyle is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Varanium Lifestyle Limited, buy the company report.
Financials of Varanium Lifestyle Limited
FY 2023 filings availableVaranium Lifestyle Limited reported revenue of ₹74.91 Cr (up 767% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 767% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹74.91 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹27.45 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹19.84 Cr | |
| 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 36.6% | |
| Net Profit Margin | 26.5% | |
| 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 Varanium Lifestyle Limited, buy the company report.
Board of directors and KMP of Varanium Lifestyle Limited
Varanium Lifestyle Limited currently reports 2 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshawardhan Hanmant Sabale Also directs: Varanium Cloud Limited, Varanium Earth Private Limited, Ahimsa Lifestyle Private Limited and 2 more | Director | 22 Apr 2021 | 5 Years 6 Months | Current |
| Ravi Banarasilal Kapoor Also directs: Mohnish Chemicals Pvt Ltd, Sparv Enviro Private Limited, Sparv Cleantech Private Limited and 2 more | Ceo | 06 Sep 2023 | 3 Years 1 Months | Current |
| Ashutosh Chhawchharia Also directs: Tridhya Tech Limited | Director | 12 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Varanium Lifestyle Limited is audited by A K KOCCHAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K KOCCHAR & ASSOCIATES | FY 2023 | 120410W |
Shareholding
The shareholding of Varanium Lifestyle Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Varanium Lifestyle Limited, buy the company report.
Deals & funding
Varanium Lifestyle Limited has 2 deals on record (2 secondary share transfers); the latest was in November 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
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 Varanium Lifestyle 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
Varanium Lifestyle Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Varanium Lifestyle Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Varanium Lifestyle Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
Varanium Lifestyle has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICV0328B1ZO | Maharashtra | Active | 12 May 2021 |
To see the full GST registrations and return filing status of Varanium Lifestyle Limited, buy the company report.
Recent activity
Varanium Lifestyle Limited has 21 board changes on record since 2021: 12 appointments and 9 cessations. The latest: Harshita Singhal ceased to be Director on 27 Sep 2024.
12 earlier events are in the company report.
Frequently asked questions
Varanium Lifestyle is an active public limited company based in Mumbai, Maharashtra, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 22 April 2021 (5+ years old) and is registered under CIN U18209MH2021PLC359369.
Varanium Lifestyle has 3 current directors and KMP:
- Harshawardhan Hanmant Sabale - Director
- Ashutosh Chhawchharia - Director
- Ravi Banarasilal Kapoor - Ceo
The latest financial statements of Varanium Lifestyle on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 13 September 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Varanium Lifestyle is 27AAICV0328B1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varanium Lifestyle is U18209MH2021PLC359369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varanium Lifestyle was incorporated on 22 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Varanium Lifestyle has 2 deals on record (2 secondary share transfers); the latest was in November 2022.
Harshita Singhal ceased to be Director on 27 Sep 2024. Sanchi Sargiya ceased to be Company Secretary on 26 Sep 2024. Pratik Surendrakumar Shah ceased to be Director on 01 Jul 2024. Varanium Lifestyle has 21 board changes on record in total.
Varanium Lifestyle has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 27 Aug 2023.
Varanium Lifestyle can be reached through the website vrnmlife.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Varanium Lifestyle is at First Floor Plot No. 244 – A Rdp 2 Cts 1374B Vill. Versova Svp Nagar Four Bungalows, Mumbai, Maharashtra, India – 400053.
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