- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0014621

Varsha Organics Private Limited
About Varsha Organics Private Limited
Data last updated:
Varsha Organics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 05 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24117MH2001PTC130314. Its GSTIN is 27AABCV5816B1ZK (Maharashtra).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Shekhar Rajnikant Shah and Mishaal Miheer Chinai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.6 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹48.72 Lakh (net margin -10.6%) and EBITDA of ₹46.92 Lakh (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 220% over three years and 80% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.26 Cr and satisfied charges of ₹70 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
Varsha Organics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0014621). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Varsha Organics
Contact details
Varsha Organics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address512 Tulsiani Chambers Free Press Journal Marg Nariman Point M, Umbai, Mumbai, Maharashtra, India – 400021
- IndustryAgriculture, Fertilizers & Soil Enhancers
To see the full contact details of Varsha Organics 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 Varsha Organics is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Varsha Organics Private Limited, buy the company report.
Financials of Varsha Organics Private Limited
FY 2024 filings availableVarsha Organics Private Limited reported revenue of ₹4.6 Cr (up 434% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 434% growth in the latest year. EBITDA rose 186% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.6 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹46.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48.72 Lakh | ||||
| Balance Sheet | |||||
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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 | 10.2% | ||||
| Net Profit Margin | -10.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Varsha Organics Private Limited, buy the company report.
Board of directors of Varsha Organics Private Limited
Varsha Organics has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Rajnikant Shah | Director | 14 Feb 2020 | 6 Years 8 Months | Current |
| Gajanan Dattatraya Raje | Additional Director | 01 Nov 2022 | 4 Years 0 Months | Current |
| Mishaal Miheer Chinai Also directs: Chinai Global Ventures LLP, Cerigo Specialties Private Limited, Cerigo Additives Private Limited and 1 more | Director | 08 Jan 2020 | 6 Years 10 Months | Current |
Auditor
Varsha Organics Private Limited is audited by MATHRUDEV & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MATHRUDEV & CO | FY 2023 | 113840W |
Shareholding
The shareholding of Varsha Organics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varsha Organics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2022 | 100564646 | Axis Bank Limited | ₹50 Lakh | Open | |
| 19 Apr 2022 | 100578854 | Axis Bank Limited | ₹25.69 Lakh | Open | |
| 29 Jan 2021 | 100446790 | Axis Bank Limited | ₹50 Lakh | Open | |
| 19 Jan 2021 | 100410561 | Axis Bank Limited | ₹1.5 Cr | Open | |
| 29 Dec 2020 | 100446789 | Axis Bank Limited | ₹50 Lakh | Open |
To see the full charge records of Varsha Organics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Varsha Organics Private Limited has 2 court cases on record: 1 filed by Varsha Organics, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Referene (IT)) | Filed by the company against National General Secretary All India Workers Unity | Pending |
To see the full case history of Varsha Organics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Varsha Organics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varsha Organics Private Limited has a workforce of 30 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Varsha Organics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV5816B1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varsha Organics Private Limited, buy the company report.
Recent activity
Varsha Organics Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Gajanan Dattatraya Raje was appointed as Additional Director on 01 Nov 2022.
9 earlier events are in the company report.
Frequently asked questions
Varsha Organics is an active private limited company based in Mumbai, Maharashtra, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 05 January 2001 (25+ years old) and is registered under CIN U24117MH2001PTC130314.
Varsha Organics has 3 current directors:
- Shekhar Rajnikant Shah - Director
- Gajanan Dattatraya Raje - Additional Director
- Mishaal Miheer Chinai - Director
The latest financial statements of Varsha Organics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Varsha Organics is 27AABCV5816B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varsha Organics is U24117MH2001PTC130314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varsha Organics has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
Varsha Organics was incorporated on 05 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Gajanan Dattatraya Raje was appointed as Additional Director on 01 Nov 2022. Mishaal Miheer Chinai ceased to be Additional Director on 30 Dec 2020. Shekhar Rajnikant Shah ceased to be Additional Director on 30 Dec 2020. Varsha Organics has 9 board changes on record in total.
Yes, Varsha Organics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0014621).
The registered office of Varsha Organics is at 512 Tulsiani Chambers Free Press Journal Marg Nariman Point M, Umbai, Mumbai, Maharashtra, India – 400021.

