Vardaan Syntex Pvt Ltd
About Vardaan Syntex Pvt Ltd
Data last updated:
Vardaan Syntex Pvt Ltd was a private limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 02 December 1993.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65100TG1993PTC126682.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.6 Cr. It was led by directors Dinesh Surana and Rajesh Surana Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Plot No. 45 – 48 Road No. 9 Ida Nacharam, Hyderabad, Telangana, India – 500076.
As per the financials filed for FY 2023, the company reported a revenue of ₹94.91 Lakh, a growth of 139% compared to the previous year. For the same year it recorded a net profit of ₹34.2 Lakh (net margin 36%) and EBITDA of ₹56.32 Lakh (EBITDA margin 59.3%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 60% over five years.
Company details
CIN history
Vardaan Syntex has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65100TG1993PTC126682, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100TG1993PTC126682 | Current |
| U65100WB1993PTC060929 | Previous |
| U52393WB1993PTC060929 | Previous |
Contact details
Vardaan Syntex Pvt Ltd's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 45 – 48 Road No. 9 Ida Nacharam, Hyderabad, Telangana, India – 500076
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Vardaan Syntex Pvt Ltd, 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
Business activity
The main business activity of Vardaan Syntex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vardaan Syntex Pvt Ltd, buy the company report.
Financials of Vardaan Syntex Pvt Ltd
FY 2023 filings availableVardaan Syntex Pvt Ltd reported revenue of ₹94.91 Lakh (up 139% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 139% growth in the latest year. EBITDA rose 165% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹56.32 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹34.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.3% | ||||
| Net Profit Margin | 36% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vardaan Syntex Pvt Ltd, buy the company report.
Board of directors of Vardaan Syntex Pvt Ltd
Vardaan Syntex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Surana | Director | 24 Dec 2002 | 23 Years 10 Months | As last reported |
| Rajesh Surana Kumar | Director | 24 Dec 2002 | 23 Years 10 Months | As last reported |
Peer comparison
Vardaan Syntex Pvt Ltd is compared with the 8 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Larkspun Investments Limited | ₹95.14 Lakh (FY 2022) | 47.0% | Delhi, India | |||
| Satyam Commodeal Pvt Ltd | ₹95.1 Lakh (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| Kanu Holdings Pvt Ltd | ₹95.08 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India | |||
| Abc Financial Services Pvt Ltd | ₹95.02 Lakh (FY 2025) | -86.0% | Kolkata, West Bengal, India | |||
| Bellona Stationery Pvt.Ltd. | ₹94.99 Lakh (FY 2025) | 96.0% | Kolkata, West Bengal, India | |||
| Vardaan Syntex Pvt Ltdthis company | ₹94.91 Lakh (FY 2023) | ₹34.2 Lakh | 36% | 139.0% | Hyderabad, Telangana, India | |
| Seed Capital Private Limited | ₹94.89 Lakh (FY 2025) | -64.0% | Faridabad, Haryana, India | |||
| Bachchi Finance Pvt. Ltd. | ₹94.87 Lakh (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Pathik Agencies Ltd. | ₹94.71 Lakh (FY 2025) | 23.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vardaan Syntex Pvt Ltd, buy the company report.
Auditor
Vardaan Syntex Pvt Ltd is audited by MAROTI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAROTI & ASSOCIATES | FY 2021 | 322770E |
Shareholding
The shareholding of Vardaan Syntex Pvt Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vardaan Syntex Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Vardaan Syntex Pvt Ltd 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 Vardaan Syntex Pvt Ltd; 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 Vardaan Syntex Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vardaan Syntex Pvt Ltd has 2 board changes on record since 2002: 2 appointments. The latest: Dinesh Surana was appointed as Director on 24 Dec 2002.
Frequently asked questions
Vardaan Syntex has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Vardaan Syntex was a private limited company based in Hyderabad, Telangana, India. The company worked in nbfc, within the financial services industry. It was incorporated on 02 December 1993 and is registered under CIN U65100TG1993PTC126682. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vardaan Syntex was incorporated on 02 December 1993. It is registered with the Registrar of Companies, Hyderabad.
Vardaan Syntex had 2 directors:
- Dinesh Surana - Director
- Rajesh Surana Kumar - Director
The CIN (Corporate Identification Number) of Vardaan Syntex is U65100TG1993PTC126682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vardaan Syntex is at Plot No. 45 – 48 Road No. 9 Ida Nacharam, Hyderabad, Telangana, India – 500076.
The latest financial statements of Vardaan Syntex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Vardaan Syntex operated in the financial services industry, in the nbfc segment.
The peers of Vardaan Syntex by revenue are Larkspun Investments Limited, Satyam Commodeal Pvt Ltd, Kanu Holdings Pvt Ltd, Abc Financial Services Pvt Ltd, Bellona Stationery Pvt.Ltd. and 3 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Dinesh Surana was appointed as Director on 24 Dec 2002. Rajesh Surana Kumar was appointed as Director on 24 Dec 2002.
The compliance status of Vardaan Syntex is compliant as of 13 September 2026.
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