Vastu Housing Finance Corporation Limited

Provides housing finance services such as home loans and loans against property to self-employed individuals.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: June 22, 2024

Vastu Housing Finance Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 676.57 Cr
  • Company Age 20 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6,277.37 Cr
  • Satisfied Charges ₹ 1,675.65 Cr
  • Revenue Growth 42.83%
  • Profit Growth 55.46%
  • Ebitda 40.65%
  • Net Worth 13.85%
  • Total Assets 50.79%

About Vastu Housing Finance Corporation

Vastu Housing Finance Corporation Limited (VHFCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 February 2005 and has a history of 20 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 1,000.00 Cr and a paid-up capital of Rs 676.57 Cr.

The company currently has active open charges totaling ₹6,277.37 Cr. The company has closed loans amounting to ₹1,675.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vastu Housing Finance Corporation Limited India are Udit Kariwala as CFO and Sunny Parikh as Company Secretary. Renuka Ramnath, Viswanathan Ramachandran, John Day, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vastuhfc.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65922MH2005PLC272501

  • Company No.

    272501

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 2005

  • Date of AGM

    04 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Vastu Housing Finance Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Udit Kariwala CFO29-Jan-2022Current
Sandeep Menon Country flag representing In Managing Director25-Jan-2014Current
Sunny Parikh Company Secretary01-Feb-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Shyamala Gopinath Country flag representing In Director 01-Feb-2021Current
Renuka Ramnath Country flag representing In Nominee Director 21-Jul-2017Current
John Day Country flag representing Us Nominee Director 02-Nov-2021Current
Viswanathan Ramachandran Country flag representing In Director 25-Jul-2022Current
Natrajh Ramakrishna Country flag representing In Director 12-Feb-2019Current
Rajasekhara Reddy Country flag representing In Director 29-Apr-2020Current

Financial Performance of Vastu Housing Finance Corporation.

Vastu Housing Finance Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.83% increase. The company also saw a substantial improvement in profitability, with a 55.46% increase in profit. The company's net worth Soared by an impressive increase of 13.85%.

Graph illustrating revenue growth over time
Graph showing 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
42.83%
Revenue from Operations
42.64%
Total Assets
50.79%
Profit or Loss
55.46%
Net Worth
13.85%
EBITDA
40.65%

What is the Ownership and Shareholding Structure of Vastu Housing Finance Corporation?

In 2023, Vastu Housing Finance Corporation had a public holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6,277.37 Cr

Satisfied Charges

₹1,675.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 4417.73 Cr
  • State Bank Of India : 766.64 Cr
  • Yes Bank Limited : 360.00 Cr
  • Hdfc Bank Limited : 238.00 Cr
  • Canara Bank : 150.00 Cr
  • Others : 345.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2024Others₹1.58 MOpen
23 Feb 2024Others₹50.00 CrOpen
23 Jan 2024Others₹2.27 MOpen
29 Dec 2023Bank Of India₹100.00 CrOpen
28 Dec 2023Others₹300.00 CrOpen

How Many Employees Work at Vastu Housing Finance Corporation?

Vastu Housing Finance Corporation has a workforce of 3098 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vastu Housing Finance Corporation, 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 Vastu Housing Finance Corporation'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 Vastu Housing Finance Corporation

Recent activity within the organization

  • Annual General Meeting

    Vastu Housing Finance Corporation Limited last Annual general meeting of members was held on 04 Jun 2024 as per latest MCA records.

    04 Jun 2024

  • Charges

    A charge registered on 18 Mar 2023 via Charge ID 100697950 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 02 Apr 2024.

    02 Apr 2024

  • Balance Sheet

    Vastu Housing Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 27 Jun 2023 via Charge ID 100748166 with Others was fully satisfied on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100894488 was registered on 11 Mar 2024.

    11 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 766.64 Cr registered on 28 Sep 2020 with Charge ID 100374762 was modified on 29 Feb 2024.

    29 Feb 2024

Frequently asked questions

  • Vastu Housing Finance Corporation Limited was incorporated on 04 Feb 2005.

  • The authorized share capital of Vastu Housing Finance Corporation Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 676.57 Cr.

  • Currently 10 directors are associated with Vastu Housing Finance Corporation Limited.

    • Renuka Ramnath
    • Udit Rajiv Kariwala
    • Viswanathan Ramachandran
    • John Tyler Day
    • Natrajh Ramakrishna
    • Shyamala Gopinath
    • Rajasekhara Reddy
    • Sandeep Menon
    • Sudhir Narayanankutty Variyar
    • Sunny Prem Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vastu Housing Finance Corporation Limited is Unit Nos. 203 & 204 2Nd Floor A Wing, Navbharat Estates Zakaria Bunder Road Sewri (West), Mumbai, Maharashtra, India, 400015.

  • The corporate identification number (CIN) of Vastu Housing Finance Corporation Limited is U65922MH2005PLC272501 and the company number is 272501 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vastu Housing Finance Corporation Limited is https://www.vastuhfc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vastu Housing Finance Corporation Limited has risen by 42.83%.

  • As Per 2023 financial reports, 3098 employees are currently employed by Vastu Housing Finance Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vastu Housing Finance Corporation Limited has experienced an upsurge of 13.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vastu Housing Finance Corporation Limited amount to ₹ 6,277.37 Cr.

  • The most recent Balance Sheet for Vastu Housing Finance Corporation Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Housing Finance Companies