Vardhaman Enterprises Limited
About Vardhaman Enterprises Limited
Data last updated:
Vardhaman Enterprises Limited was a public limited company based in Cuttack, Odisha, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 27 August 2004.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U67120OR2004PLC007749. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.5 Lakh. It was formerly known as Magma Enterprises Private Limited and Magma Enterprises Limited. It was led by directors including Sarat Chandra Pattanaik and Manas Ranjan Pattanaik.
Its last annual general meeting (AGM) was held on 25 May 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at At – Mahima Nagar Po – Naya Bazar Ps. – Chauliaganj Cuttack Orissa – 7530, 04, Odisha, India – 753004.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.25 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.68 Lakh (net margin -70.2%) and EBITDA of -₹3.65 Lakh (EBITDA margin -69.6%).
Company details
Name history
Vardhaman Enterprises has undergone 2 name changes throughout its history. The company was previously known as Magma Enterprises Private Limited, and Magma Enterprises Limited. The current legal name is Vardhaman Enterprises Limited.
| Company Name | Status |
|---|---|
| Vardhaman Enterprises Limited | Current |
| Magma Enterprises Private Limited | Previous |
| Magma Enterprises Limited | Previous |
CIN history
Vardhaman Enterprises has one previous CIN (Corporate Identification Number): U67120OR2004PTC007749. The current CIN is U67120OR2004PLC007749, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120OR2004PLC007749 | Current |
| U67120OR2004PTC007749 | Previous |
Contact details
Vardhaman Enterprises Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAt – Mahima Nagar Po – Naya Bazar Ps. – Chauliaganj Cuttack Orissa – 7530, 04, Odisha, India – 753004
- IndustryFinancial Services, Financial Activities
To see the full contact details of Vardhaman Enterprises 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 Vardhaman Enterprises 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 Vardhaman Enterprises Limited, buy the company report.
Financials of Vardhaman Enterprises Limited
FY 2017 filings availableVardhaman Enterprises Limited reported revenue of ₹5.25 Lakh (up 1302% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹5.25 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.65 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.68 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -69.6% | ||
| Net Profit Margin | -70.2% | ||
| 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 Vardhaman Enterprises Limited, buy the company report.
Board of directors of Vardhaman Enterprises Limited
Vardhaman Enterprises has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarat Chandra Pattanaik | Director | 27 Aug 2004 | 22 Years 1 Months | As last reported |
| Manas Ranjan Pattanaik Also directs: Hasur Himalayan Products Private Limited | Director | 27 Aug 2004 | 22 Years 1 Months | As last reported |
| Manjusa Pattanaik | Director | 11 Apr 2008 | 18 Years 6 Months | As last reported |
Peer comparison
Vardhaman Enterprises Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| SRC Family Safety Club Private Limited | ₹5.26 Lakh (FY 2018) | -31.0% | Kurnool, Andhra Pradesh, India | |||
| Shubh General Services India Limited | ₹5.26 Lakh (FY 2024) | -42.0% | Chhindwara, Madhya Pradesh, India | |||
| Alegria Chit Private Limited | ₹5.25 Lakh (FY 2024) | -67.0% | Chennai, Tamil Nadu, India | |||
| Prime Fintech Consultancy Pvt Ltd | ₹5.25 Lakh (FY 2025) | 9.0% | Ahmedabad, Gujarat, India | |||
| Vardhaman Enterprises Limitedthis company | ₹5.25 Lakh (FY 2017) | -₹3.68 Lakh | -70.2% | 1302.0% | Cuttack, Odisha, India | |
| Timeless Commercial Private Limited | ₹5.25 Lakh (FY 2019) | 17.0% | Howrah, West Bengal, India | |||
| Smartbiz Sahayata Services Private Limited | ₹5.25 Lakh (FY 2025) | -9.0% | Jaipur, Rajasthan, India | |||
| Dwarkadhish Carbon Private Limited | ₹5.25 Lakh (FY 2019) | 14.0% | Vadodara, Gujarat, India | |||
| Harsh India Debt Management Private Limited | ₹5.25 Lakh (FY 2018) | Purnia, Bihar, India | ||||
| Sonaarbangla Micro Foundation | ₹5.25 Lakh (FY 2024) | 76.0% | Barabani, West Bengal, India | |||
| Highwood Nidhi Limited | ₹5.24 Lakh (FY 2024) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vardhaman Enterprises Limited, buy the company report.
Auditor
Vardhaman Enterprises Limited is audited by Mohanty & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohanty & Co. | FY 2017 | 063978 |
Shareholding
The shareholding of Vardhaman Enterprises Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vardhaman Enterprises Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vardhaman Enterprises 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 Vardhaman Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhaman Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vardhaman Enterprises Limited, buy the company report.
Recent activity
Vardhaman Enterprises Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Smita Patro ceased to be Director on 25 Oct 2013.
Frequently asked questions
Vardhaman Enterprises has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vardhaman Enterprises was a public limited company based in Cuttack, Odisha, India. The company worked in financial activities, within the financial services industry. It was incorporated on 27 August 2004 and is registered under CIN U67120OR2004PLC007749. The company has been struck off by the Registrar of Companies and is no longer operational.
Vardhaman Enterprises had 3 directors:
- Sarat Chandra Pattanaik - Director
- Manas Ranjan Pattanaik - Director
- Manjusa Pattanaik - Director
The CIN (Corporate Identification Number) of Vardhaman Enterprises is U67120OR2004PLC007749. 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 Vardhaman Enterprises is at At – Mahima Nagar Po – Naya Bazar Ps. – Chauliaganj Cuttack Orissa – 7530, 04, Odisha, India – 753004.
Vardhaman Enterprises was incorporated on 27 August 2004. It is registered with the Registrar of Companies, Cuttack.
The latest financial statements of Vardhaman Enterprises on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 May 2017. Year-wise statements from 2015 are in the company report.
No. Vardhaman Enterprises has 1 GST registration on record and it is cancelled or inactive.
Vardhaman Enterprises operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Vardhaman Enterprises by revenue are SRC Family Safety Club Private Limited, Shubh General Services India Limited, Alegria Chit Private Limited, Prime Fintech Consultancy Pvt Ltd, Timeless Commercial Private Limited and 5 more, all in the same principal business activity (other financial activities).
Smita Patro ceased to be Director on 25 Oct 2013. Manjusa Pattanaik was appointed as Director on 11 Apr 2008. Manas Ranjan Pattanaik was appointed as Director on 27 Aug 2004. Vardhaman Enterprises has 4 board changes on record in total.