Vardhman Developers Limited

Real estate development and redevelopment with a focus on innovation and technology.

1990 | Mumbai., Maharashtra (India) | Active
Last Updated:

Vardhman Developers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.45 Cr
  • Company Age 34 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 ten months. Its registered office is in Mumbai., Maharashtra.

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 2024. 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.

Rajesh Vardhan, Ramesh Vardhan, Saroj Rathod, and One other member serve as directors at the Company.

Company Details

  • Location Mumbai., Maharashtra
  • 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction
Company report

Vardhman Developers Limited

Explore comprehensive data for Vardhman Developers Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vardhman Developers?

Board Members (4)

NameDesignationAppointment DateStatus
Rajesh Vardhan Country flag representing In Whole-Time Director 31-May-1990Current
Ramesh Vardhan Country flag representing In Whole-Time Director 01-Sep-2009Current
Saroj Rathod Country flag representing In Director 31-May-2023Current
Shailesh Jogani Country flag representing In Director 05-Feb-2024Current

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%.

Vardhman Developers revenue growth over time
Vardhman Developers 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
0.73%
Revenue from Operations
0.17%
Total Assets
10.86%
Profit or Loss
63.40%
Net Worth
1.10%
EBITDA
76.86%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹245.98 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
29 Oct 2022Hdfc Bank Limited₹7.33 MOpen
29 Sep 2017Others₹80.42 CrOpen
28 Sep 2016Others₹157.33 CrOpen
23 Nov 2015Uco Bank₹7.50 CrOpen
09 Oct 2020Others₹8.48 MSatisfied

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.

Employee growth trends for Vardhman Developers Limited

Deals i

Graph showing company valuation over time

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

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 Vardhman Developers

Recent activity within the organization

  • Annual General Meeting

    Vardhman Developers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vardhman Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Shailesh Jogani was appointed as a Director was appointed as a Director on 05 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Saroj Bhanji Rathod was appointed as a Director was appointed as a Director on 31 May 2023 & has been associated with this company since 1 year 10 months .

  • Charges

    A charge with Others of Rs. 80.42 Cr registered on 29 Sep 2017 with Charge ID 100142564 was modified on 07 Feb 2023.

  • Charges

    A charge with Others of Rs. 157.33 Cr registered on 28 Sep 2016 with Charge ID 100054787 was modified on 07 Feb 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Vardhman Developers Limited?

    Vardhman Developers Limited was incorporated on 31 May 1990.

  • What is authorized share capital and paid-up capital of Vardhman Developers Limited?

    The authorized share capital of Vardhman Developers Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.45 Cr.

  • Who are the current board members & directors of Vardhman Developers Limited?

    Currently 4 directors are associated with Vardhman Developers Limited.

    • Rajesh Babulal Vardhan
    • Ramesh Babulal Vardhan
    • Saroj Bhanji Rathod
    • Shailesh Jogani

  • What is the registered address of Vardhman Developers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Developers Limited is 113 Commerce House 140 Nagindas Master Rd Fort, India, Mumbai., Maharashtra, 400023.

  • What is the corporate identification number (CIN) and company number of Vardhman Developers Limited?

    The corporate identification number (CIN) of Vardhman Developers Limited is U70102MH1990PLC056704 and the company number is 056704 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vardhman Developers Limited?

    The Official website of Vardhman Developers Limited is https://www.vardhmandevelopers.co.in

  • What has been the recent revenue trend for Vardhman Developers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Developers Limited has risen by 0.73%.

  • What change has been observed in the net worth of Vardhman Developers Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Developers Limited has experienced an upsurge of 1.10%.

  • What are the total open charges for Vardhman Developers Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vardhman Developers Limited amount to ₹ 245.98 Cr.

  • When was the last Balance Sheet of Vardhman Developers Limited filed with the ROC?

    The most recent Balance Sheet for Vardhman Developers Limited was filed with the ROC on 31 Mar 2024.

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