
Vardan Financial Services Private Limited
About Vardan Financial Services Private Limited
Data last updated:
Vardan Financial Services Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1996PTC096219. Its GSTIN is 27AAACV5706B2ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Tarun Suresh Jain and Pooja Tarun Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4B 2nd Floor Amravati Road Tilak Nagar, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.58 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹5.68 Lakh (net margin 3.6%) and EBITDA of ₹3.86 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vardan Financial Services has one previous CIN (Corporate Identification Number): U67190MH2004PTC096219. The current CIN is U67190MH1996PTC096219, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH1996PTC096219 | Current |
| U67190MH2004PTC096219 | Previous |
Contact details
Vardan Financial Services Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4B 2nd Floor Amravati Road Tilak Nagar, Nagpur, Maharashtra, India – 440010
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Vardan Financial Services Private 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
Business activity
The main business activity of Vardan Financial Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Vardan Financial Services Private Limited, buy the company report.
Financials of Vardan Financial Services Private Limited
FY 2025 filings availableVardan Financial Services Private Limited reported revenue of ₹1.58 Cr (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 99% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.68 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Vardan Financial Services Private Limited, buy the company report.
Board of directors of Vardan Financial Services Private Limited
Vardan Financial Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Suresh Jain | Director | 12 Jan 1996 | 30 Years 9 Months | Current |
| Pooja Tarun Jain | Director | 12 Jan 1996 | 30 Years 9 Months | Current |
Peer comparison
Vardan Financial Services Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sipani Poly-Finance Limited | ₹1.58 Cr (FY 2025) | -2.0% | Bengaluru, Karnataka, India | |||
| Vardan Financial Services Private Limitedthis company | ₹1.58 Cr (FY 2025) | ₹5.68 Lakh | 3.6% | -76.0% | Nagpur, Maharashtra, India | |
| Mystic Moneymart Financial Services Private Limited | ₹1.58 Cr (FY 2025) | 53.0% | Delhi, India | |||
| Quadrate Financial Advisors Private Limited | ₹1.58 Cr (FY 2025) | -29.0% | Thane, Maharashtra, India |
To see the full peer comparison of Vardan Financial Services Private Limited, buy the company report.
Auditor
Vardan Financial Services Private Limited is audited by V. RAVIKUMAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. RAVIKUMAR & ASSOCIATES | FY 2022 | 108759W |
Shareholding
The shareholding of Vardan Financial Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vardan Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vardan Financial Services 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 Vardan Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardan Financial Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV5706B2ZN | Maharashtra | Active | 17 Dec 2018 |
To see the full GST registrations and return filing status of Vardan Financial Services Private Limited, buy the company report.
Recent activity
Vardan Financial Services Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Kamlesh Jain ceased to be Director on 15 Nov 2011.
Frequently asked questions
Vardan Financial Services is an active private limited company based in Nagpur, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 January 1996 (30+ years old) and is registered under CIN U67190MH1996PTC096219.
Vardan Financial Services has 2 current directors:
- Tarun Suresh Jain - Director
- Pooja Tarun Jain - Director
The latest financial statements of Vardan Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vardan Financial Services is 27AAACV5706B2ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vardan Financial Services is U67190MH1996PTC096219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardan Financial Services was incorporated on 12 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vardan Financial Services by revenue are Sipani Poly-Finance Limited, Mystic Moneymart Financial Services Private Limited, Quadrate Financial Advisors Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Kamlesh Jain ceased to be Director on 15 Nov 2011. Pooja Tarun Jain was appointed as Director on 12 Jan 1996. Tarun Suresh Jain was appointed as Director on 12 Jan 1996.
The registered office of Vardan Financial Services is at 4B 2nd Floor Amravati Road Tilak Nagar, Nagpur, Maharashtra, India – 440010.
Vardan Financial Services operates in the financial services industry, in the diversified financial services segment.
The compliance status of Vardan Financial Services is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.

