Vardhman Developers Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.45 Cr
- Company Age 34 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 245.98 Cr
- Satisfied Charges ₹ 67.05 Cr
- Revenue Growth 0.73%
- Profit Growth 63.40%
- Ebitda 76.86%
- Net Worth 1.10%
- Total Assets 10.86%
About Vardhman Developers
Vardhman Developers Limited (VDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 May 1990 and has a history of 34 years and eight months. Its registered office is in Mumbai., Maharashtra, India.
The Corporate was formerly known as Vardhman Developers Private Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.45 Cr.
The company currently has active open charges totaling ₹245.98 Cr. The company has closed loans amounting to ₹67.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Saroj Rathod, Shailesh Jogani, Ramesh Vardhan, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai., Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U70102MH1990PLC056704
- Company No.
056704
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 May 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Vardhman Developers?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saroj Rathod  | Director | 31-May-2023 | Current |
| Shailesh Jogani | Director | 05-Feb-2024 | Current |
| Ramesh Vardhan | Whole-Time Director | 01-Sep-2009 | Current |
| Rajesh Vardhan | Whole-Time Director | 31-May-1990 | Current |
Financial Performance of Vardhman Developers.
Vardhman Developers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.73% increase. The company also saw a substantial improvement in profitability, with a 63.4% increase in profit. The company's net worth moved up by a moderate rise of 1.1%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Vardhman Developers?
In 2023, Vardhman Developers had a promoter holding of 97.53% and a public holding of 2.46%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vardhman Concrete LimitedSaroj Rathod, Ramesh Vardhan and 1 more are mutual person
Vardhan Capital And Finance LimitedSaroj Rathod, Shailesh Jogani and 2 more are mutual person
Indelible Realtors Private LimitedRamesh Vardhan and Rajesh Vardhan are mutual person
Stork Realtors Private LimitedRamesh Vardhan and Rajesh Vardhan are mutual person
- Vardhman Entertainment & Hospitality Private Limited
Ramesh Vardhan and Rajesh Vardhan are mutual person
Vardhman Group Realbuild LlpRamesh Vardhan and Rajesh Vardhan are mutual person
Charges (Loans)
₹245.98 Cr
₹67.05 Cr
Charges Breakdown by Lending Institutions
- Others : 237.75 Cr
- Uco Bank : 7.50 Cr
- Hdfc Bank Limited : 0.73 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2022 | Hdfc Bank Limited | ₹7.33 M | Open |
| 29 Sep 2017 | Others | ₹80.42 Cr | Open |
| 28 Sep 2016 | Others | ₹157.33 Cr | Open |
| 23 Nov 2015 | Uco Bank | ₹7.50 Cr | Open |
| 09 Oct 2020 | Others | ₹8.48 M | Satisfied |
How Many Employees Work at Vardhman Developers?
Unlock and access historical data on people associated with Vardhman Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vardhman Developers, 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 Vardhman Developers'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.
