Vaswani Estates Developers Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 39 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 258.03 Cr
- Satisfied Charges ₹ 221.85 Cr
- Revenue Growth 55.20%
- Profit Growth 4.54%
- Ebitda 56.00%
- Net Worth 1.73%
- Total Assets 22.35%
About Vaswani Estates Developers
Vaswani Estates Developers Private Limited. (VEDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 1985 and has a history of 39 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹258.03 Cr. The company has closed loans amounting to ₹221.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Neville Vaswani, Arun Advani, Maniklal Atmaram, and One other member serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U45201KA1985PTC031171
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Company No.
031171
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Feb 1985
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Vaswani Estates Developers?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neville Vaswani
|
Managing Director | 01-Dec-2001 | Current |
|
Arun Advani
|
Managing Director | 01-Dec-2001 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Maniklal Atmaram
|
Director | 11-Feb-1985 | Current |
|
Ramesh Atmaram
|
Director | 11-Feb-1985 | Current |
Financial Performance of Vaswani Estates Developers.
Vaswani Estates Developers Private Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 55.2% increase. The company also saw a slight improvement in profitability, with a 4.54% increase in profit. The company's net worth moved up by a moderate rise of 1.73%.
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What is the Ownership and Shareholding Structure of Vaswani Estates Developers?
In 2023, Vaswani Estates Developers had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Shree Realtors Private LimitedNeville Vaswani and Arun Advani are mutual person
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Vaswani Whitefield Projects Private Limited
Neville Vaswani and Arun Advani are mutual person
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Peninsula Projects (Bangalore) Private Limited
Neville Vaswani and Arun Advani are mutual person
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Salisbury Projects Private Limited
Neville Vaswani and Arun Advani are mutual person
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Esquire Mall Developers Private Limited
Neville Vaswani and Arun Advani are mutual person
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Tranquil Realty Private Limited
Neville Vaswani and Arun Advani are mutual person
Charges (Loans)
₹258.03 Cr
₹221.85 Cr
Charges Breakdown by Lending Institutions
- Others : 250.00 Cr
- Axis Bank Limited : 8.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2024 | Others | ₹150.00 Cr | Open |
| 18 Mar 2023 | Others | ₹100.00 Cr | Open |
| 18 Mar 2023 | Axis Bank Limited | ₹8.25 M | Open |
| 16 Jan 2023 | Axis Bank Limited | ₹5.00 M | Open |
| 30 Mar 2016 | Axis Bank Limited | ₹1.70 Cr | Open |
How Many Employees Work at Vaswani Estates Developers?
Unlock and access historical data on people associated with Vaswani Estates 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 Vaswani Estates 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 Vaswani Estates 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.
