Varun Mercantiles & Credit Pvt. Ltd. Company Logo

Varun Mercantiles & Credit Pvt. Ltd. - Company Profile

It is a financial services private limited company based in Kolkata, West Bengal, India, established in 1991.

1991 | Kolkata, West Bengal, India | Active
Last Updated:

About Varun Mercantiles & Credit Pvt. Ltd.

Varun Mercantiles & Credit Pvt. Ltd., a active private limited company, was established on 16 December 1991 in Kolkata, West Bengal, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U51396WB1991PTC053854. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹3.85 Cr.

It upholds a compliant status. Its leadership includes Ashok Kumar Saboo (Director), Asha Devi Saboo (Director). It holds ₹12.00 Cr open charges and ₹12.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 40 Strand Road 4Th Floorroom No 4, Kolkata, West Bengal, 700001.

Company Details

  • CIN/LLPIN

    U51396WB1991PTC053854

  • Registration Number

    053854

  • Incorporation Date

    16 December 1991

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹3.85 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.85 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.00 Cr
  • Satisfied Charges ₹ 12.00 Cr
  • Revenue Growth -15.84%
  • Profit Growth -27.60%
  • Ebitda -21.27%
  • Net Worth 4.34%
  • Total Assets 3.61%
Company report

Varun Mercantiles & Credit Pvt. Ltd.

Company Report FY 2025-2026

Explore comprehensive insights into Varun Mercantiles & Credit Pvt. Ltd. — 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 Mercantiles & Credit Pvt. Ltd.?

Current Directors

NameDesignationAppointment DateStatus
Ashok Kumar SabooDirector16 Dec 1991Current
Asha Devi SabooDirector02 Apr 2003Current

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Financial Performance of Varun Mercantiles & Credit.

Varun Mercantiles & Credit Pvt. Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 15.84% decrease. The company also saw a substantial fall in profitability, with a 27.6% decrease in profit. The company's net worth moved up by a moderate rise of 4.34%.

Varun Mercantiles & Credit revenue growth over time
Varun Mercantiles & Credit 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
-15.84%
Revenue from Operations
-16.24%
Total Assets
3.61%
Profit or Loss
-27.60%
Net Worth
4.34%
EBITDA
-21.27%

What is the Ownership and Shareholding Structure of Varun Mercantiles & Credit?

In 2023, Varun Mercantiles & Credit had a promoter holding of 12.53% and a public holding of 87.47%. 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)

Open Charges

₹120,000,000.00

Satisfied Charges

₹120,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2024Others₹12.00 CrSatisfied

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How Many Employees Work at Varun Mercantiles & Credit?

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

Employee growth trends for Varun Mercantiles & Credit Pvt. Ltd.

Deals i

Graph showing company valuation over time

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

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Varun Mercantiles & Credit

Recent Activity within the Organization

  • Charges

    A charge registered on 18 Jan 2024 via Charge ID 100864330 with Others was fully satisfied on 21 May 2025. was recorded as a recent event.

  • Annual General Meeting

    Varun Mercantiles & Credit Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Varun Mercantiles & Credit Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was documented.

  • Charges

    The activity A charge with Others of Rs. 12.00 Cr registered on 18 Jan 2024 with Charge ID 100864330 was modified on 03 Feb 2024. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100864330 was registered on 18 Jan 2024. was completed.

  • Director Appointment

    Asha Devi Saboo was appointed as a Director was appointed as a Director on 02 Apr 2003 & has been associated with this company since 22 years 8 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Varun Mercantiles & Credit Pvt. Ltd.?

    The CIN of Varun Mercantiles & Credit Pvt. Ltd. is U51396WB1991PTC053854.

  • Where is Varun Mercantiles & Credit Pvt. Ltd. headquartered?

    Varun Mercantiles & Credit Pvt. Ltd. is headquartered at 40 Strand Road 4Th Floorroom No 4, Kolkata, West Bengal, 700001.

  • When was Varun Mercantiles & Credit Pvt. Ltd. incorporated?

    Varun Mercantiles & Credit Pvt. Ltd. was incorporated on 16 December 1991.

  • Who are the current directors of Varun Mercantiles & Credit Pvt. Ltd.?

    The current directors of Varun Mercantiles & Credit Pvt. Ltd. are

  • What is the primary industry of Varun Mercantiles & Credit Pvt. Ltd.?

    The primary industry of Varun Mercantiles & Credit Pvt. Ltd. is Financial And Insurance Service.

  • Is Varun Mercantiles & Credit Pvt. Ltd. a listed company?

    Varun Mercantiles & Credit Pvt. Ltd. is unlisted.

  • What is the capital structure of Varun Mercantiles & Credit Pvt. Ltd.?

    The authorized capital of Varun Mercantiles & Credit Pvt. Ltd. is ₹3.00 Cr, and the paid-up capital is ₹3.85 Cr.

  • What is the compliance status of Varun Mercantiles & Credit Pvt. Ltd.?

    The compliance status of Varun Mercantiles & Credit Pvt. Ltd. is Compliant.

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