- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0115903

About Varsha Rainwear Private Limited
Data last updated:
Varsha Rainwear Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 03 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC237514. Its GSTIN is 27AAECV2499K1ZP (Maharashtra).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Dinesh Chhotelal Panday and Akash Vinod Panday.
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 81 Mohamedali Road Laheri House, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.92 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹26.29 Lakh (net margin 2.4%) and EBITDA of ₹42.33 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The company is associated with 1 brand: Varsha Rainwear.
Varsha Rainwear Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0115903). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varsharainwear.com.
Company details
Recognitions & Rankings of Varsha Rainwear
Contact details
Varsha Rainwear Private Limited's registered office is in Mumbai, Maharashtra. Its website is varsharainwear.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address81 Mohamedali Road Laheri House, Mumbai, Maharashtra, India – 400003
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Varsha Rainwear 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
Brands
Varsha Rainwear operates one associated brand: Varsha Rainwear. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells waterproof raincoats, ponchos, and accessories for all ages. | varsharainwear.com |
Business activity
The main business activity of Varsha Rainwear is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Varsha Rainwear Private Limited, buy the company report.
Financials of Varsha Rainwear Private Limited
FY 2024 filings availableVarsha Rainwear Private Limited reported revenue of ₹10.92 Cr (up 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 50% growth in the latest year. EBITDA rose 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹42.33 Lakh | ||||
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| Net Profit (PAT) | ₹26.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Varsha Rainwear Private Limited, buy the company report.
Board of directors of Varsha Rainwear Private Limited
Varsha Rainwear has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Chhotelal Panday Also directs: Vanajit Trading LLP, Mahavir Farms LLP | Director | 03 Nov 2012 | 14 Years 0 Months | Current |
| Akash Vinod Panday | Director | 03 Nov 2012 | 14 Years 0 Months | Current |
| Akshay Vinod Panday Also directs: Mahavir Farms LLP | Director | 03 Nov 2012 | 14 Years 0 Months | Current |
Peer comparison
Varsha Rainwear Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saraogi Uniform Private Limited | ₹11.01 Cr (FY 2025) | -15.0% | Chennai, Tamil Nadu, India | |||
| N.K. Bahety Textile Private Limited | ₹10.98 Cr (FY 2025) | 40.0% | Kolkata, West Bengal, India | |||
| K.V.D. Impex Private Limited | ₹10.97 Cr (FY 2024) | 43.0% | Delhi, India | |||
| Varsha Rainwear Private Limitedthis company | ₹10.92 Cr (FY 2024) | ₹26.29 Lakh | 2.4% | 50.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Varsha Rainwear Private Limited, buy the company report.
Auditor
Varsha Rainwear Private Limited is audited by Husein Amreliwala for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Husein Amreliwala | FY 2023 | 154361 |
Shareholding
The shareholding of Varsha Rainwear Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Varsha Rainwear Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varsha Rainwear 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 Varsha Rainwear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varsha Rainwear has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV2499K1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varsha Rainwear Private Limited, buy the company report.
Recent activity
Varsha Rainwear Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Akash Vinod Panday was appointed as Director on 03 Nov 2012.
Frequently asked questions
Varsha Rainwear is an active private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 03 November 2012 (14+ years old) and is registered under CIN U74120MH2012PTC237514.
Varsha Rainwear has 3 current directors:
- Dinesh Chhotelal Panday - Director
- Akash Vinod Panday - Director
- Akshay Vinod Panday - Director
The latest financial statements of Varsha Rainwear 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 Rainwear is 27AAECV2499K1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Varsha Rainwear is U74120MH2012PTC237514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varsha Rainwear was incorporated on 03 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Varsha Rainwear by revenue are Saraogi Uniform Private Limited, N.K. Bahety Textile Private Limited, K.V.D. Impex Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Akash Vinod Panday was appointed as Director on 03 Nov 2012. Akshay Vinod Panday was appointed as Director on 03 Nov 2012. Dinesh Chhotelal Panday was appointed as Director on 03 Nov 2012.
Yes, Varsha Rainwear is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0115903).
Varsha Rainwear can be reached through the website varsharainwear.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Varsha Rainwear is at 81 Mohamedali Road Laheri House, Mumbai, Maharashtra, India – 400003.

