Varthana Finance Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1984.

1984 Bangalore, Karnataka, India Active

Last Updated: January 16, 2026

About Varthana Finance Private Limited

Varthana Finance Private Limited, a active private limited company, was established on 12 June 1984 in Bangalore, Karnataka, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65923KA1984PTC096528. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹60.58 Cr and a paid-up capital of ₹50.55 Cr.

Formerly known as Varthana Finance Private Limited, Thirumeni Finance Pvt Ltd. It upholds a compliant status. Employing 764 professional, Its leadership includes Nandita Ganapathy (Nominee Director), Ankit Singhal (Nominee Director), Brajeshkumar Sirishkumar Mishra (Person Incharge). Past directors included Nirav Avinashbhai Khambhati, Sunil Satyapal Gulati, Paul Joseph Breloff. It holds ₹2,499.10 Cr open charges and ₹1,609.04 Cr settled loans. Its latest AGM occurred on 18 July 2025, with the balance sheet filed on 31 March 2025. It is based at Varasiddhi, 3Rd Floor, No. 5Bc-110 Service Road, 3Rd Block Hrbr Layout, Bangalore, Karnataka, 560043.

Company Details

CIN/LLPIN
U65923KA1984PTC096528
Registration Number
096528
Incorporation Date
12 June 1984
Authorized Capital
₹60.58 Cr
Paid-Up Capital
₹50.55 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 60.58 Cr as on 16-01-2026
Paid Up Capital ₹ 50.55 Cr as on 16-01-2026
Company Age 41 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 2,499.10 Cr as on 16-01-2026
Satisfied Charges ₹ 1,609.04 Cr as on 16-01-2026
Revenue Growth **** 51.98% (FY 2024)
Profit Growth **** 469.48% (FY 2024)
Ebitda **** 93.13% (FY 2024)
Net Worth 33.50% (FY 2024)
Total Assets **** 45.37% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Varthana Finance Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Varthana Finance Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nandita Ganapathy	Nominee Director	15 May 2024	Current
Ankit Singhal	Nominee Director	09 Nov 2022	Current
Brajeshkumar Sirishkumar Mishra	Person Incharge	20 Aug 2013	Current
Steven Edwin Hardgrave	Person Incharge	20 Aug 2013	Current
Brahmanand Hegde	Director	12 Sep 2023	Current
Nilufer Panthaki	Additional Director	29 Sep 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	01 Apr 2024	Past
Pramod Abcsdd	Additional Director	05 Jul 2016	Past
Pramod Abcsdd	Director	11 Aug 2014	Past
Pramod Abcsdd	Director	18 Aug 2020	Past
Pramod Abcsdd	Nominee Director	07 Mar 2025	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past

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Financial Performance of Varthana Finance.

Varthana Finance Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 51.98% increase. The company also saw a substantial improvement in profitability, with a 469.48% increase in profit. The company's net worth Soared by an impressive increase of 33.5%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

51.98%

*******

Revenue from Operations

*******

51.49%

*******

Total Assets

*******

45.37%

*******

Profit or Loss

*******

469.48%

*******

Net Worth

*******

33.50%

*******

EBITDA

*******

93.13%

*******

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What is the Ownership and Shareholding Structure of Varthana Finance?

In 2024, Varthana Finance had a promoter holding of 64.89% and a public holding of 35.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹24,990,954,102.00

Satisfied Charges

₹16,090,403,903.00

Charges Breakdown by Lending Institutions

Others : 2488.10 Cr
Axis Bank Limited : 6.00 Cr
Tata Capital Financial Services Limited : 5.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Sep 2025	Others	₹20.00 Cr	Open
27 Sep 2025	Others	₹15.00 Cr	Open
31 Jul 2025	Others	₹25.00 Cr	Open
30 Jul 2025	Others	₹35.00 Cr	Open
29 Jul 2025	Others	₹15.00 Cr	Open

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How Many Employees Work at Varthana Finance?

Varthana Finance has a workforce of 764 employees as of Jan 16, 2026. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Varthana Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Varthana Finance's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Varthana Finance

Recent Activity within the Organization

Director Appointment

Hetal Tejas Faldu was appointed as a Cfo was appointed as a Cfo on 04 Dec 2025 & has been associated with this company since 2 months 19 days . was recorded as a recent event.
04 Dec 2025
Charges

A charge registered on 14 Sep 2023 via Charge ID 100779188 with Others was fully satisfied on 03 Dec 2025. was recorded as a recent event.
03 Dec 2025
Charges

A charge registered on 29 Sep 2023 via Charge ID 100797065 with Others was fully satisfied on 01 Dec 2025. was recorded as a recent event.
01 Dec 2025
Charges

The activity A charge registered on 30 Sep 2021 via Charge ID 100489903 with Others was fully satisfied on 29 Nov 2025. was completed.
29 Nov 2025
Director Appointment

Progress on Ravindra Babu Garikipati was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2025 & has been associated with this company since 3 months 10 days . was documented.
12 Nov 2025
Charges

A charge registered on 28 Mar 2023 via Charge ID 100697484 with Others was fully satisfied on 05 Nov 2025. was recorded as a recent event.
05 Nov 2025

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