Varun Mercantile Limited Company Logo

Varun Mercantile Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1985.

1985 | Mumbai, Maharashtra, India | Active
Last Updated:

About Varun Mercantile Limited

Varun Mercantile Limited, a active public limited company, was established on 12 February 1985 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial services sector, it holds CIN: L51909MH1985PLC321068. Registered under ROC Roc Mumbai. it is listed on BSE: 512511. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹1.99 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹2.60 M and a net worth of ₹5.16 Cr. Its leadership includes Mehul Rajnikant Shah (Director), Sanjay Tukaram More (Director), Ambalal Tolchandji Jain (Director). Past directors included Lalit Kumar Shroff, Mehul Rajnikant Shah, Yogesh Sopan Kadam. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 147, 14Th Floor, Atlanta Nariman Point, Mumbai, Maharashtra, 400021.

Company Details

  • CIN/LLPIN

    L51909MH1985PLC321068

  • Registration Number

    321068

  • Incorporation Date

    12 February 1985

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹1.99 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 512511)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.99 Cr
  • Company Age 40 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth 4.97%
  • Profit Growth 174.42%
  • Ebitda 22.72%
  • Net Worth 1.39%
  • Total Assets 1.24%
Company report

Varun Mercantile Limited

Company Report FY 2025-2026

Explore comprehensive insights into Varun Mercantile 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 Varun Mercantile Limited?

Current Directors

NameDesignationAppointment DateStatus
Mehul Rajnikant ShahDirector03 Dec 2018Current
Sanjay Tukaram MoreDirector10 May 2021Current
Ambalal Tolchandji JainDirector03 Dec 2018Current
Jyothi Anil MenonAdditional Director31 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 May 2018Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddCompany Secretary29 May 2024Past
Pramod AbcsddDirector10 May 2021Past
Pramod AbcsddAdditional Director30 Sep 2021Past
Pramod AbcsddDirector02 Jun 2014Past

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Financial Performance of Varun Mercantile.

Varun Mercantile Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.97% increase. The company also saw a substantial improvement in profitability, with a 174.42% increase in profit. The company's net worth moved up by a moderate rise of 1.39%.

Varun Mercantile revenue growth over time
Varun Mercantile profit and loss trends over time
  • 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
4.97%
Revenue from Operations
Total Assets
1.24%
Profit or Loss
174.42%
Net Worth
1.39%
EBITDA
22.72%

What is the Ownership and Shareholding Structure of Varun Mercantile?

In 2022, Varun Mercantile had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Varun Mercantile?

Unlock and access historical data on people associated with Varun Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Varun Mercantile Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varun Mercantile, 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 Varun Mercantile's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Varun Mercantile

Recent Activity within the Organization

  • Annual General Meeting

    The activity Varun Mercantile Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Piyush Oza was appointed as a Company Secretary was appointed as a Company Secretary on 23 Jul 2025 & has been associated with this company since 4 months 7 days . was documented.

  • Balance Sheet

    Varun Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Jyothi Anil Menon was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2025 & has been associated with this company since 7 months 29 days . was completed.

  • Director Appointment

    Sanjay Tukaram More was appointed as a Director was appointed as a Director on 10 May 2021 & has been associated with this company since 4 years 6 months . was recorded as a recent event.

  • Director Appointment

    Deepak Aithappa Karkera was appointed as a CFO was appointed as a CFO on 04 Sep 2019 & has been associated with this company since 6 years 2 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Varun Mercantile Limited?

    The CIN of Varun Mercantile Limited is L51909MH1985PLC321068.

  • Where is Varun Mercantile Limited headquartered?

    Varun Mercantile Limited is headquartered at 147, 14Th Floor, Atlanta Nariman Point, Mumbai, Maharashtra, 400021.

  • When was Varun Mercantile Limited incorporated?

    Varun Mercantile Limited was incorporated on 12 February 1985.

  • Who are the current directors of Varun Mercantile Limited?

    The current directors of Varun Mercantile Limited are

  • What is the primary industry of Varun Mercantile Limited?

    The primary industry of Varun Mercantile Limited is Financial Services.

  • Is Varun Mercantile Limited a listed company?

    Varun Mercantile Limited is listed. It is listed on BSE: 512511.

  • What is the capital structure of Varun Mercantile Limited?

    The authorized capital of Varun Mercantile Limited is ₹3.00 Cr, and the paid-up capital is ₹1.99 Cr.

  • What is the compliance status of Varun Mercantile Limited?

    The compliance status of Varun Mercantile Limited is Compliant.

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