Varashakti Housing Finance Private Limited Company Logo

Varashakti Housing Finance Private Limited - Company Profile

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 2017.

2017 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Varashakti Housing Finance Private Limited

Varashakti Housing Finance Private Limited, a active private limited company, was established on 21 July 2017 in Chennai, Tamil Nadu, India. Engaging in housing finance companies within the financial and insurance service sector, it holds CIN: U65990TN2017PTC117720. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹46.97 Cr.

It upholds a compliant status. Employing 260 professional, Its leadership includes Ramanath Dash (Director), Chandrasekharapuram Viswanathan Sankar (Managing Director), Venkataraman Venkatakrishnan (Director). Past directors included Ramanath Dash, Sahaana Sankar, Chandrasekharapuram Viswanathan Sankar. It holds ₹336.16 Cr open charges and ₹48.57 Cr settled loans. Its latest AGM occurred on 21 July 2025, with the balance sheet filed on 31 March 2025. It is based at New No. 33,Old No. 14, 48Th Street,, 9Th Avenue, Ashok Nagar, Chennai, Tamil Nadu, 600083.

Company Details

  • CIN/LLPIN

    U65990TN2017PTC117720

  • Registration Number

    117720

  • Incorporation Date

    21 July 2017

  • Authorized Capital

    ₹50.00 Cr

  • Paid-Up Capital

    ₹46.97 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 46.97 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 336.16 Cr
  • Satisfied Charges ₹ 48.57 Cr
  • Revenue Growth 89.44%
  • Profit Growth 3052.63%
  • Ebitda 128.99%
  • Net Worth 23.73%
  • Total Assets 33.86%
Company report

Varashakti Housing Finance Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Varashakti Housing Finance Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Varashakti Housing Finance Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramanath DashDirector07 Sep 2019Current
Chandrasekharapuram Viswanathan SankarManaging Director21 Jul 2017Current
Venkataraman VenkatakrishnanDirector30 May 2022Current
Shubham KothariNominee Director07 Aug 2025Current
Kalpanaa SankarAdditional Director09 Oct 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director27 Aug 2020Past
Pramod AbcsddAdditional Director17 Aug 2019Past
Pramod AbcsddDirector22 Sep 2017Past
Pramod AbcsddAdditional Director25 Jun 2022Past
Pramod AbcsddDirector20 Apr 2019Past
Pramod AbcsddCompany Secretary-Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Varashakti Housing Finance.

Varashakti Housing Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.44% increase. The company also saw a substantial improvement in profitability, with a 3052.63% increase in profit. The company's net worth Soared by an impressive increase of 23.73%.

Varashakti Housing Finance revenue growth over time
Varashakti Housing Finance profit and loss trends over time
  • 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
89.44%
Revenue from Operations
90.60%
Total Assets
33.86%
Profit or Loss
3052.63%
Net Worth
23.73%
EBITDA
128.99%

What is the Ownership and Shareholding Structure of Varashakti Housing Finance?

In 2023, Varashakti Housing Finance had a promoter holding of 82.58% and a public holding of 17.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹3,361,611,096.00

Satisfied Charges

₹485,700,000.00

Charges Breakdown by Lending Institutions

  • Others : 310.16 Cr
  • State Bank Of India : 20.00 Cr
  • Indian Overseas Bank : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Oct 2025Others₹20.00 CrOpen
21 Aug 2025Others₹10.00 CrOpen
21 Aug 2025Others₹10.00 CrOpen
15 May 2025Others₹30.00 CrOpen
01 Apr 2025Others₹18.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Varashakti Housing Finance?

Varashakti Housing Finance has a workforce of 260 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Varashakti Housing Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varashakti Housing Finance, 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 Varashakti Housing Finance'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.

Latest Updates, News, and FAQs on Varashakti Housing Finance

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101170651 was registered on 24 Oct 2025. was documented.

  • Director Appointment

    The activity Kalpanaa Sankar was appointed as a Ceo was appointed as a Ceo on 18 Oct 2025 & has been associated with this company since 1 month 10 days . was completed.

  • Director Appointment

    Kalpanaa Sankar was appointed as a Additional Director was appointed as a Additional Director on 09 Oct 2025 & has been associated with this company since 1 month 19 days . was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101154548 was registered on 21 Aug 2025. was documented.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101154182 was registered on 21 Aug 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 0.11 Cr registered on 29 Aug 2022 with Charge ID 100608533 was modified on 11 Aug 2025. was completed.

Frequently Asked Questions

  • What is the CIN of Varashakti Housing Finance Private Limited?

    The CIN of Varashakti Housing Finance Private Limited is U65990TN2017PTC117720.

  • Where is Varashakti Housing Finance Private Limited headquartered?

    Varashakti Housing Finance Private Limited is headquartered at New No. 33,Old No. 14, 48Th Street,, 9Th Avenue, Ashok Nagar, Chennai, Tamil Nadu, 600083.

  • When was Varashakti Housing Finance Private Limited incorporated?

    Varashakti Housing Finance Private Limited was incorporated on 21 July 2017.

  • Who are the current directors of Varashakti Housing Finance Private Limited?

    The current directors of Varashakti Housing Finance Private Limited are

  • What is the primary industry of Varashakti Housing Finance Private Limited?

    The primary industry of Varashakti Housing Finance Private Limited is Financial And Insurance Service.

  • Is Varashakti Housing Finance Private Limited a listed company?

    Varashakti Housing Finance Private Limited is unlisted.

  • What is the capital structure of Varashakti Housing Finance Private Limited?

    The authorized capital of Varashakti Housing Finance Private Limited is ₹50.00 Cr, and the paid-up capital is ₹46.97 Cr.

  • What is the compliance status of Varashakti Housing Finance Private Limited?

    The compliance status of Varashakti Housing Finance Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial