Varshaleathers

U19129WB2005PTC106911ActivePrivateUnlisted
Last updated: 2026-06-09
30
Compliance Health · F
3 / 9 signals passed

Varshaleathers is a Private Indian company incorporated in 2019 and based in West Bengal, India. Varshaleathers operates in Leather (NIC 19129) with authorized capital of —. RegisterKaro's Compliance Health Score for the company is 30/100 (grade F), reflecting a weak compliance posture.

Risk FlagsFinancials not yet extracted · awaiting AOC-4 XBRLDirectors not yet extracted · awaiting MGT-7Health F · 30/100
Revenue (latest FY)
Awaiting extraction
PAT (latest FY)
Awaiting extraction
Open Charges
0
No encumbrances
Active Directors
0
No resignations
Paid-up Capital
Filings on Record
0
All current
Incorporated
2019
7 years old
State
West Bengal
Sector
Leather
NIC 19129
Class
Private
Sub-category
Authorized Capital
Paid-up Capital
Members
Last AGM
Last Balance Sheet
Latest Filing
Registered Email
Registered Office
VarshaleathersTRACXN · PUBLIC DATA
Brand Varshaleathers · Legal entity Varshaleathers

Varshaleathers - Manufacturer of premium leather goods, including wallets, bags, and accessories.

Total Funding
Latest Round
Revenue
Valuation
Funding Rounds
Employees
Stage
Unfunded
HQ
Founded
2019
Source: Tracxn (public profile) · joined to MCA on CIN U19129WB2005PTC106911

Quick facts

Identity · Activity · Auditor · Contact
Registered office
NIC code
19129
Statutory auditor
Awaiting ADT-1 / AOC-4 extraction
Registered email
Section
Leather
ROC
Class · sub-category
Private
Incorporation · Last AGM
·

Directors

From MGT-7 annual returnLocked
KB
Kunal Bhatia
Managing Director
1.6y · Pune · DIN 7131636
DR
Deepa Reddy
Whole-time Director
6.9y · Gurugram · DIN 8200099
VS
Vikram Singh Rathore
Director
6.5y · Hyderabad · DIN 5684245
SG
Sneha Gupta
Director
8.4y · Gurugram · DIN 1089234
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Directors, DINs & appointment history for Varshaleathers.

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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

MCA Filings

AOC-4 · MGT-7 historyLocked
FormFYFiledDueDelayStatus
AOC-4FY2024-2530 Oct 202430 Oct 2024+36dfiled
MGT-7FY2024-2523 Nov 202429 Nov 20240dfiled
AOC-4FY2023-2430 Oct 202330 Oct 2023+37dfiled
MGT-7FY2023-2422 Nov 202329 Nov 20230dfiled
AOC-4FY2022-2330 Oct 202230 Oct 20220dfiled
MGT-7FY2022-2326 Nov 202229 Nov 20220dfiled
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Full MCA filing history for Varshaleathers.

₹499₹169(excl. taxes)
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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Charges

Registered charges & encumbrancesLocked
Charge IDHolderAmountCreatedStatus
953322605Kotak Mahindra Bank Ltd(Bank)₹10.25 Cr27 Jan 2022Open
154159891ICICI Bank Ltd(Bank)₹12.51 Cr27 Jan 2019Open
976912567HDFC Bank Ltd(Bank)₹16.79 Cr12 Mar 2019Open
159760098HDFC Bank Ltd(Bank)₹6.61 Cr12 Mar 2020Open
708710058HDFC Bank Ltd(Bank)₹4.57 Cr27 Jan 2021Open
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Charge IDs, lenders & amounts for Varshaleathers.

₹499₹169(excl. taxes)
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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Financial Performance

Revenue · PAT · Net worth by FYLocked
FYRevenuePATNet WorthTotal AssetsEmployees
FY2024-25₹16.67 Cr₹-1.15 Cr₹7.85 Cr₹20.10 Cr332
FY2023-24₹13.93 Cr₹-65.53 L₹12.56 Cr₹18.42 Cr130
FY2022-23₹14.22 Cr₹-57.25 L₹5.46 Cr₹13.49 Cr58
FY2021-22₹8.99 Cr₹-61.12 L₹6.97 Cr₹12.97 Cr42
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Audited financials & ratios for Varshaleathers.

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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Detailed Financials

Income statement + balance sheetLocked
Line itemFY2024-25FY2023-24FY2022-23FY2021-22
Income statement
Revenue from operations₹16.67 Cr₹13.93 Cr₹14.22 Cr₹8.99 Cr
Other income₹41.71 L₹40.48 L₹30.84 L₹22.95 L
Total income₹17.09 Cr₹14.34 Cr₹14.52 Cr₹9.22 Cr
Total expenses₹18.56 Cr₹15.17 Cr₹15.26 Cr₹10.01 Cr
Profit before tax₹-1.49 Cr₹-85.19 L₹-74.43 L₹-79.46 L
Profit / (Loss) after tax₹-1.15 Cr₹-65.53 L₹-57.25 L₹-61.12 L
Balance sheet
Equity / Net worth₹7.85 Cr₹12.56 Cr₹5.46 Cr₹6.97 Cr
Borrowings₹2.76 Cr₹2.60 Cr₹2.84 Cr₹1.97 Cr
Current liabilities₹5.56 Cr₹2.57 Cr₹3.93 Cr₹3.59 Cr
Total liabilities₹12.26 Cr₹5.87 Cr₹8.03 Cr₹6.00 Cr
Current assets₹8.26 Cr₹8.93 Cr₹4.87 Cr₹5.53 Cr
Cash & equivalents₹2.54 Cr₹3.52 Cr₹1.58 Cr₹1.64 Cr
Total assets₹20.10 Cr₹18.42 Cr₹13.49 Cr₹12.97 Cr
Employees3321305842
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Audited financials & ratios for Varshaleathers.

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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Compounded Annual Growth Rate

Derived from multi-FY filingsLocked
MetricLatest value1Y CAGR3Y CAGR5Y CAGR
Revenue₹16.67 Cr+9.5%+6.0%+5.3%
Profit after Tax₹-1.15 Cr+18.7%-0.8%+2.8%
Net Worth₹7.85 Cr-1.6%+24.1%+17.0%
Employees332-3.4%+19.2%+9.4%
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Audited financials & ratios for Varshaleathers.

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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Financial Ratios

Profitability · leverage · efficiencyLocked
FYRevenuePATPAT marginRev growthROEROAD/ERev/emp
FY2024-25₹16.67 Cr₹-1.15 Cr-6.89%-3.07%-14.64%-5.72%0.35₹5.02 L
FY2023-24₹13.93 Cr₹-65.53 L-4.70%+8.30%-5.22%-3.56%0.21₹10.72 L
FY2022-23₹14.22 Cr₹-57.25 L-4.03%+0.96%-10.49%-4.24%0.52₹24.51 L
FY2021-22₹8.99 Cr₹-61.12 L-6.80%+32.93%-8.77%-4.71%0.28₹21.41 L
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Audited financials & ratios for Varshaleathers.

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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Cap Table & Shareholding

Promoter · institutional · publicLocked
CategoryShareholdersShares held%
Promoters13,30,23,28578.51%
Institutional Investors240,05,5189.52%
Public & Others2650,33,75711.97%
See the full shareholding pattern

Promoter, institutional & public holding for Varshaleathers.

₹499₹169(excl. taxes)
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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Peer Benchmark

13 peersSame sector + state + ±5y vintage
MetricThis companyCohort medianCohort P75Quartile
Revenue (latest FY)
PAT (latest FY)
Employees
Paid-up capital
Compliance Health
63
96
96
Bottom quartile · P0

Top 10 in Leather

by healthView all ›
01
Saroj
Delhi · Inc 1998
Paid-up
Revenue
C · 63
02
Elder Infosystems
Maharashtra · Inc 1996
Paid-up
Revenue
C · 63
03
Paid-up
Revenue
C · 63
04
Alt Carbon
West Bengal · Inc 2023
Paid-up
Revenue
C · 63
05
Yadu Sugar Limited
Delhi · Inc 1998
Paid-up
Revenue
C · 63
06
Paid-up
Revenue
C · 63
07
Leather Hunte
Tamil Nadu · Inc 1999
Paid-up
Revenue
C · 63
08
Maple Accessories
West Bengal · Inc 2007
Paid-up
Revenue
C · 63
09
Nakhralidhani
Delhi · Inc 2015
Paid-up
Revenue
C · 63
10
Amar Brothers
Uttar Pradesh · Inc 2010
Paid-up
Revenue
C · 63

External data sources

7 plannedWhat lands here as ingestion comes online

GSTIN Registrations

Planned
GST portal

Per-state GSTINs + GSTR-1/3B filing cadence + turnover bracket. PAN-keyed scrape.

MSME Payment Delays

Planned
MSME-1 form

Half-yearly disclosure of payments delayed beyond 45 days to MSME suppliers.

Related Party Transactions

Planned
AOC-4 schedule

Counterparty, nature, transaction value. Inter-company loans, sales, royalty.

Credit Ratings

Planned
CRISIL / ICRA / CARE feeds

Long-term + short-term ratings, with rationale on rating actions.

Trademarks

Planned
IP India Trademark Registry

Applied, registered, opposed. Class numbers + status.

Patents

Planned
IP India Patent Registry

Applications and grants. Inventor names + filing dates.

Legal Cases

Planned
eCourts + Indian Kanoon

Ongoing + past litigations the entity is party to.

Each source is wired as a separate ingestion adapter behind the scraper. Live status flips per CIN as records land.

FAQs about Varshaleathers

When was Varshaleathers incorporated?
Varshaleathers was incorporated in 2019. Its CIN is U19129WB2005PTC106911 and it is registered with the relevant Registrar of Companies.
Where is Varshaleathers located?
Varshaleathers is headquartered in West Bengal.
What sector does Varshaleathers operate in?
Varshaleathers operates in the Leather sector (NIC code 19129), classified as Indian Non-Govt Company.
Who are the directors of Varshaleathers?
Director details for Varshaleathers have not yet been extracted from MGT-7 filings.
What is the paid-up capital of Varshaleathers?
Varshaleathers has authorized capital of — and paid-up capital of —.
Does Varshaleathers have any open charges?
Varshaleathers has no open MCA-registered charges on record.
What is Varshaleathers's Compliance Health Score?
RegisterKaro's Compliance Health Score for Varshaleathers is 30/100 (grade F), based on 9 weighted signals across MCA filings, charges, directors, capital, and overall status. 3 of 9 signals passed.