Varataan Designs (OPC) Private Limited
About Varataan Designs (OPC) Private Limited
Data last updated:
Varataan Designs (OPC) Private Limited is a one person company based in Navi Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 24 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2018OPC309858.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Varatan Designs (Opc) Private Limited. It is led by director Archana Mittal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 219 Vardhaman Chambers Sector – 17 Plot No. 84 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.25 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.28 Lakh (net margin 5.1%) and EBITDA of ₹1.86 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years.
Company details
Contact details
Varataan Designs (OPC) Private Limited's registered office is in Navi Mumbai, Maharashtra.
- Registered AddressB – 219 Vardhaman Chambers Sector – 17 Plot No. 84 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
Business activity
The main business activity of Varataan Designs 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 Varataan Designs (OPC) Private Limited, buy the company report.
Financials of Varataan Designs (OPC) Private Limited
FY 2024 filings availableVarataan Designs (OPC) Private Limited reported revenue of ₹25.25 Lakh (up 403% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 72% over three years, including 403% growth in the latest year. EBITDA rose 163% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.28 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 5.1% | ||||
| 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 Varataan Designs (OPC) Private Limited, buy the company report.
Board of directors of Varataan Designs (OPC) Private Limited
Varataan Designs has 1 current director and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Mittal Also directs: Ispat Corp Limited | Director | 24 May 2018 | 8 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Varataan Designs (OPC) 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 Varataan Designs (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Varataan Designs (OPC) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varataan Designs (OPC) Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Archana Mittal was appointed as Director on 24 May 2018.
Frequently asked questions
Varataan Designs is an active company based in Navi Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 24 May 2018 (8+ years old) and is registered under CIN U51100MH2018OPC309858.
Varataan Designs has 1 current director:
- Archana Mittal - Director
The latest financial statements of Varataan Designs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Varataan Designs is U51100MH2018OPC309858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varataan Designs was incorporated on 24 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Archana Mittal was appointed as Director on 24 May 2018. Vinod Kumar Mittal was appointed as Nominee on 24 May 2018.
The registered office of Varataan Designs is at B – 219 Vardhaman Chambers Sector – 17 Plot No. 84 Vashi, Navi Mumbai, Maharashtra, India – 400705.
Varataan Designs operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Yes. Varataan Designs was formerly known as Varatan Designs (Opc) Private Limited.
Varataan Designs can be reached at its registered office: B – 219 Vardhaman Chambers Sector – 17 Plot No. 84 Vashi, Navi Mumbai, Maharashtra, India – 400705.