Varni Microfinance Private Limited
About Varni Microfinance Private Limited
Data last updated: 23 July 2025
Varni Microfinance Private Limited was a private limited company based in Udupi, Karnataka, 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 specialised in consultancy services, a part of the broader financial services sector. Incorporated on 21 January 2011.
Registered with ROC Bangalore under CIN U67190KA2011PTC056761.
Capital: an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹30 Lakh. Formerly known as Varni Capital and Financial Services Private Limited. It was led by directors Savitha Nayak and Sudhish Nayak.
Last AGM: 28 September 2019. Financial statements filed for year ended 31 March 2019. Office: No.11 3Rd Floor Maithri Complex Near Service Bus Stand, Udupi, Karnataka, India – 576101.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.14 Lakh, a growth of 18% compared to the previous year.
The company is no longer operational and has been struck off from the Register of Companies, typically due to non-filing of annual returns or failure to commence business. Entering into any agreement with a struck-off entity carries significant legal and financial risk.
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Registered AddressNo.11 3Rd Floor Maithri Complex Near Service Bus Stand, Udupi, Karnataka, India – 576101
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IndustryFinancial Services, Consultancy, Advisory, Financial Brokerage
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Varni Microfinance Private Limited
Varni Microfinance Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details for Varni Microfinance Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Varni Microfinance Private Limited
Varni Microfinance Private Limited is audited by AGALIGOPALAKRISHNACHANDRASHEKAR for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGALIGOPALAKRISHNACHANDRASHEKAR | Locked | Locked | Locked |
Complete auditor history for Varni Microfinance Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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- Auditor changes
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Board of Directors of Varni Microfinance Private Limited
Varni Microfinance Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Savitha Nayak
Also directs:
Chathurthi Chits Private Limited
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Director | 28 Feb 2011 | 15 Years 5 Months | As last reported |
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Sudhish Nayak
Also directs:
Chathurthi Chits Private Limited
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Managing Director | 18 Oct 2012 | 13 Years 10 Months | As last reported |
Financials of Varni Microfinance Private Limited FY 2019 filings available
Varni Microfinance Private Limited reported revenue of ₹1.14 Lakh (up 18.00% YoY) for FY 2019.
Ten-year financial statements for Varni Microfinance Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Varni Microfinance Private Limited
Shareholding and ownership data for Varni Microfinance Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings Varni Microfinance Private Limited
Varni Microfinance Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Varni Microfinance Private Limited
View historical data on people associated with Varni Microfinance Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Varni Microfinance Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Varni Microfinance Private Limited
GST registrations and filing compliance for Varni Microfinance Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Varni Microfinance Private Limited
Credit ratings, litigation, and regulatory alerts for Varni Microfinance Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Varni Microfinance Private Limited
MSME payment history for Varni Microfinance Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Varni Microfinance Private Limited
Corporate group structure for Varni Microfinance Private Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Varni Microfinance Private Limited
MCA filings and documents for Varni Microfinance Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Varni Microfinance Private Limited
Frequently Asked Questions about Varni Microfinance Private Limited
Varni Microfinance Private Limited 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.
Varni Microfinance Private Limited is a struck-off private limited company in the financial services sector based in Udupi, Karnataka, India. It was incorporated on 21 January 2011 and is registered under CIN U67190KA2011PTC056761. The company has been struck off by the Registrar of Companies and is no longer operational.
The current directors of Varni Microfinance Private Limited are:
- Savitha Nayak - Director
- Sudhish Nayak - Managing Director
The CIN (Corporate Identification Number) of Varni Microfinance Private Limited is U67190KA2011PTC056761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Varni Microfinance Private Limited is financial services. The company specifically operates in consultancy. The company was active in this sector before being struck off.
The company has its registered office at No.11 3Rd Floor Maithri Complex Near Service Bus Stand, Udupi, Karnataka, India – 576101.