Vardan Finlease Limited - Company Profile

It is a financial services public limited company based in Himatnagar, Gujarat, India, established in 1992.
1992 Himatnagar, Gujarat, India Active
Last Updated:
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About Vardan Finlease Limited

Vardan Finlease Limited, a active public limited company, was established on 24 March 1992 in Himatnagar, Gujarat, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65910GJ1992PLC017361. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.25 Cr and a paid-up capital of ₹2.00 Cr.

Formerly known as Harsolia Finance Limited, Harsolia Finance Private Limited. It upholds a compliant status. Its leadership includes Chetankumar Bhogilal Doshi (Director), Twinkal Girishkumar Patel (Director), Hiteshkumar Vishnubhai Patel (Director). Past directors included Chetankumar Bhogilal Doshi, Twinkal Girishkumar Patel, Hiteshkumar Vishnubhai Patel. Its latest AGM occurred on 09 June 2025, with the balance sheet filed on 31 March 2025. It is based at B/5, New Durga Bazar Station Road, Village : Himatnagar, Taluka- Himatnagar, Himatnagar, Gujarat, 383001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65910GJ1992PLC017361

  • Registration Number

    017361

  • Incorporation Date

    24 March 1992

  • Authorized Capital

    ₹2.25 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -4.08%
  • Profit Growth **** 10.08%
  • Ebitda **** -2.77%
  • Net Worth 13.78%
  • Total Assets **** 11.43%
Company report

Vardan Finlease Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

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Who are the key members and board of directors at Vardan Finlease Limited?
Current Directors
Name Designation Appointment Date Status
Chetankumar Bhogilal Doshi Director 06 Sep 2013 Current
Twinkal Girishkumar Patel Director 05 Aug 2016 Current
Hiteshkumar Vishnubhai Patel Director 25 Mar 2015 Current
Rohan Bharatbhai Patel Director 02 Jul 2022 Current
Satishchandra Mithalal Doshi Director 25 Mar 2015 Current
Ravi Manubhai Patel Director 01 Dec 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Aug 2014 Past
Pramod Abcsdd Additional Director 20 Sep 2016 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Additional Director 26 Sep 2019 Past

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Financial Performance of Vardan Finlease.

Vardan Finlease Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 4.08% decrease. The company also saw a substantial improvement in profitability, with a 10.08% increase in profit. The company's net worth Soared by an impressive increase of 13.78%.

Vardan Finlease revenue growth over time
Vardan Finlease profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -4.08%
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*******
*******
Revenue from Operations
*******
 -4.79%
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*******
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Total Assets
*******
 11.43%
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*******
*******
*******
Profit or Loss
*******
 10.08%
*******
*******
*******
*******
Net Worth
*******
 13.78%
*******
*******
*******
*******
EBITDA
*******
 -2.77%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Vardan Finlease?

In 2021, Vardan Finlease had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Vardan Finlease?

Unlock and access historical data on people associated with Vardan Finlease, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardan Finlease, 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 Vardan Finlease's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Vardan Finlease
Recent Activity within the Organization
  • Annual General Meeting

    The activity Vardan Finlease Limited last Annual general meeting of members was held on 09 Jun 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Vardan Finlease Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Progress on Rohan Bharatbhai Patel was appointed as a Director was appointed as a Director on 02 Jul 2022 & has been associated with this company since 3 years 8 months . was documented.

  • Director Appointment

    Progress on Ravi Manubhai Patel was appointed as a Director was appointed as a Director on 01 Dec 2019 & has been associated with this company since 6 years 3 months . was documented.

  • Director Appointment

    The activity Bharatkumar Ramlal Patel was appointed as a Director was appointed as a Director on 01 Dec 2019 & has been associated with this company since 6 years 3 months . was completed.

  • Director Appointment

    Progress on Riken Purashottambhai Patel was appointed as a Director was appointed as a Director on 01 Dec 2019 & has been associated with this company since 6 years 3 months . was documented.

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Frequently Asked Questions
What is the CIN of Vardan Finlease Limited?

The CIN of Vardan Finlease Limited is U65910GJ1992PLC017361.

Where is Vardan Finlease Limited headquartered?

Vardan Finlease Limited is headquartered at B/5, New Durga Bazar Station Road, Village : Himatnagar, Taluka- Himatnagar, Himatnagar, Gujarat, 383001.

When was Vardan Finlease Limited incorporated?

Vardan Finlease Limited was incorporated on 24 March 1992.

Who are the current directors of Vardan Finlease Limited?

The current directors of Vardan Finlease Limited are

What is the primary industry of Vardan Finlease Limited?

The primary industry of Vardan Finlease Limited is Financial And Insurance Service.

Is Vardan Finlease Limited a listed company?

Vardan Finlease Limited is unlisted.

What is the capital structure of Vardan Finlease Limited?

The authorized capital of Vardan Finlease Limited is ₹2.25 Cr, and the paid-up capital is ₹2.00 Cr.

What is the compliance status of Vardan Finlease Limited?

The compliance status of Vardan Finlease Limited is Compliant.

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