About Varthana Finance Private Limited
Data last updated: 16 January 2026
Varthana Finance Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 12 June 1984, the company has been in operation for over 42 years.
Registered with ROC Bangalore under CIN U65923KA1984PTC096528.
Capital: an authorised share capital of ₹60.58 Cr and a paid-up capital of ₹50.55 Cr. Formerly known as Varthana Finance Private Limited and Thirumeni Finance Pvt Ltd. It is led by directors including Nandita Ganapathy and Ankit Singhal.
Last AGM: 18 July 2025. Financial statements filed for year ended 31 March 2025. Office: Varasiddhi 3Rd Floor No. 5Bc – 110 Service Road 3Rd Block Hrbr Layout, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2024, the company reported a revenue of ₹284.27 Cr, a growth of 52% compared to the previous year.
The company has a workforce of approximately 764 employees as per the latest available data.
The company is associated with 1 brand - Varthana. As per MCA filings, the company has open charges of ₹2,499.1 Cr and satisfied charges of ₹1,609.04 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varthana.com.
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Registered AddressVarasiddhi 3Rd Floor No. 5Bc – 110 Service Road 3Rd Block Hrbr Layout, Bangalore, Karnataka, India – 560043
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IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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
Name History of Varthana Finance Private Limited
Varthana Finance Private Limited has undergone 2 name changes throughout its history. The company was previously known as Varthana Finance Private Limited, and Thirumeni Finance Pvt Ltd. The current legal name is Varthana Finance Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Varthana Finance Private Limited | Current |
| Thirumeni Finance Pvt Ltd | Previous |
CIN History of Varthana Finance Private Limited
Varthana Finance Private Limited has one previous CIN (Corporate Identification Number): U65923KL1984PTC003990. The current CIN is U65923KA1984PTC096528, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923KA1984PTC096528 | Current |
| U65923KL1984PTC003990 | Previous |
Associated Brands with Varthana Finance Private Limited
Varthana Finance Private Limited operates one associated brand: Varthana. These brands represent Varthana Finance Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| School and student loan solutions are provided for educational needs. | varthana.com |
Competitors & Alternatives of Varthana Finance Private Limited
Brands and companies operating in the same space as Varthana Finance Private Limited include Auxilo, Neev Finance, Vidyashri and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Auxilo
|
Financial products for education loans and services are provided. | Mumbai, India, India | 2017 |
Neev Finance
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Short-term loans for K-12 school fees are offered to parents. | Bengaluru, India, India | 2016 |
Vidyashri
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Provides comprehensive solutions for education loans to support student financing. | Chennai, India, India | 2019 |
Kashmir Finance
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Offers fast and easy student loans for education across India. | Mumbai, India, India | 2012 |
Springboard Financial Services
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Provides student loans tailored for vocational training programs. | Mumbai, India, India | 2011 |
India2Usa
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Educational consultancy providing counseling and assistance for USA study programs. | Hyderabad, India, India | 2003 |
Education Loan Guru
|
Specializes in education loans for students pursuing studies abroad. | Delhi, India, India | 2022 |
Business Activity of Varthana Finance Private Limited
Varthana Finance Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Varthana Finance 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 Varthana Finance Private Limited
Varthana Finance Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | Locked | Locked | Locked |
Complete auditor history for Varthana Finance Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Varthana Finance Private Limited
Varthana Finance Private Limited is currently managed by 8 directors, with 35 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 |
|---|---|---|---|---|
|
Nandita Ganapathy
Also directs:
Varthana Finance Private Limited
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Nominee Director | 15 May 2024 | 2 Years 3 Months | Current |
| Ankit Singhal | Nominee Director | 09 Nov 2022 | 3 Years 9 Months | Current |
| Brajeshkumar Sirishkumar Mishra | Person Incharge | 20 Aug 2013 | 12 Years 11 Months | Current |
| Steven Edwin Hardgrave | Person Incharge | 20 Aug 2013 | 12 Years 11 Months | Current |
| Brahmanand Hegde | Director | 12 Sep 2023 | 2 Years 11 Months | Current |
| Nilufer Panthaki | Additional Director | 29 Sep 2025 | 0 Years 10 Months | Current |
Financials of Varthana Finance Private Limited FY 2025 filings available
Varthana Finance Private Limited reported revenue of ₹284.27 Cr (up 52.00% YoY) for FY 2024.
Ten-year financial statements for Varthana Finance 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 Varthana Finance Private Limited
Shareholding and ownership data for Varthana Finance Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Varthana Finance Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2025 | Others | ₹20 Cr | Open |
| 27 Sep 2025 | Others | ₹15 Cr | Open |
| 31 Jul 2025 | Others | ₹25 Cr | Open |
| 30 Jul 2025 | Others | ₹35 Cr | Open |
| 29 Jul 2025 | Others | ₹15 Cr | Open |
Total charge records: 227 View all charges
Employees and EPFO Compliance at Varthana Finance Private Limited
Varthana Finance Private Limited has a workforce of 764 employees as of Jan 16, 2026.
Employee and EPFO history for Varthana Finance 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
Verified entity values are shown only after access is granted.
GST Compliance of Varthana Finance Private Limited
GST registrations and filing compliance for Varthana Finance 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 Varthana Finance Private Limited
Credit ratings, litigation, and regulatory alerts for Varthana Finance 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 Varthana Finance Private Limited
MSME payment history for Varthana Finance 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 Varthana Finance Private Limited
Corporate group structure for Varthana Finance Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Varthana Finance Private Limited
MCA filings and documents for Varthana Finance 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 Varthana Finance Private Limited
Recent News on Varthana Finance Private Limited
Frequently Asked Questions about Varthana Finance Private Limited
Varthana Finance Private Limited is an active private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 12 June 1984 (42+ years old) and is registered under CIN U65923KA1984PTC096528. The company has 764 employees.
Varthana Finance Private Limited reported revenue of ₹284.27 Cr for FY 2024 (up 52.00% YoY).
The current directors of Varthana Finance Private Limited are:
- Nandita Ganapathy - Nominee Director
- Ankit Singhal - Nominee Director
- Brajeshkumar Sirishkumar Mishra - Person Incharge
- Steven Edwin Hardgrave - Person Incharge
- Brahmanand Hegde - Director
- Nilufer Panthaki - Additional Director
- Gaurav Malhotra - Additional Director
- Ravindra Babu Garikipati - Additional Director
The primary industry of Varthana Finance Private Limited is financial services. The company specifically operates in nbfc. The company is currently active in this sector.
Varthana Finance Private Limited can be reached at the registered office: Varasiddhi 3Rd Floor No. 5Bc – 110 Service Road 3Rd Block Hrbr Layout, Bangalore, Karnataka, India – 560043, or through the website varthana.com.
The authorised capital is ₹60.58 Cr, and the paid-up capital is ₹50.55 Cr.