Vital Developers Private Limited

Develops and constructs housing and commercial projects.

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

Vital Developers Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 77.56 Cr
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth -36.74%
  • Profit Growth 82.15%
  • Ebitda 82.46%
  • Net Worth -12.99%
  • Total Assets -0.56%

About Vital Developers

Vital Developers Private Limited (VDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 June 2005 and has a history of 19 years and nine months. Its registered office is in Mumbai, Maharashtra, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹77.56 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jatin Mehta, Jayesh Mehta, and Karamshi Patel 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

    U45200MH2005PTC153984

  • Company No.

    153984

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

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

Board Members (3)

NameDesignationAppointment DateStatus
Jatin Mehta Country flag representing In Director 15-Jun-2005Current
Jayesh Mehta Country flag representing In Director 15-Jun-2005Current
Karamshi Patel Country flag representing In Director 15-Jun-2005Current

Financial Performance of Vital Developers.

Vital Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.74% decrease. The company also saw a substantial improvement in profitability, with a 82.15% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.99%.

Vital Developers revenue growth over time
Vital 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
-36.74%
Revenue from Operations
-36.84%
Total Assets
-0.56%
Profit or Loss
82.15%
Net Worth
-12.99%
EBITDA
82.46%

What is the Ownership and Shareholding Structure of Vital Developers?

In 2023, Vital Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹775.60 M

Satisfied Charges

₹60.00 M

Charges Breakdown by Lending Institutions

  • Others : 77.56 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2022Others₹10.00 CrOpen
17 Sep 2021Others₹7.56 CrOpen
23 Mar 2017Others₹54.00 CrOpen
07 Oct 2016Others₹6.00 CrOpen
24 May 2021Others₹6.00 CrSatisfied

How Many Employees Work at Vital Developers?

Vital Developers has a workforce of 12 employees as of Apr 07, 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.

Employee growth trends for Vital Developers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vital 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 Vital 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 Vital Developers

Recent activity within the organization

  • Annual General Meeting

    Vital Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vital Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100815014 was registered on 29 Sep 2022.

  • Charges

    A charge registered on 24 May 2021 via Charge ID 100453950 with Others was fully satisfied on 29 Sep 2022.

  • Charges

    A charge with Others of Rs. 60.00 M registered on 24 May 2021 with Charge ID 100453950 was modified on 12 Oct 2021.

  • Charges

    A charge with Others amounted to Rs. 75.60 M with Charge ID 100509617 was registered on 17 Sep 2021.

Frequently asked questions

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

    Vital Developers Private Limited was incorporated on 15 Jun 2005.

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

    The authorized share capital of Vital Developers Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

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

    Currently 3 directors are associated with Vital Developers Private Limited.

    • Jatin Kishorechandra Mehta
    • Jayesh Champaklal Mehta
    • Karamshi Kanji Patel

  • What is the registered address of Vital Developers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vital Developers Private Limited is 402-407 Traffic Lite M. G. Road, Ghatkopar (W) India, Mumbai, Maharashtra, 400086.

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

    The corporate identification number (CIN) of Vital Developers Private Limited is U45200MH2005PTC153984 and the company number is 153984 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Vital Developers Private Limited has fallen by -36.74%.

  • How many employees does Vital Developers Private Limited currently have?

    As Per 2023 financial reports, 12 employees are currently employed by Vital Developers Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Vital Developers Private Limited has experienced an downturn of -12.99%.

  • What are the total open charges for Vital Developers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vital Developers Private Limited amount to ₹ 77.56 Cr.

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

    The most recent Balance Sheet for Vital Developers Private Limited was filed with the ROC on 31 Mar 2023.

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