Vardhman Infradevelopers Private Limited
About Vardhman Infradevelopers Private Limited
Data last updated:
Vardhman Infradevelopers Private Limited is a private limited company based in Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 August 2010.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL2010PTC207136. Its GSTIN is 07AADCV3838M1ZV (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harjit Singh and Raju Verma.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 401 – 414 4th Floor Shahpuri Tirath Singh Tower C – 58 Jana, Kpuri, Delhi, India – 110058.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.17 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹26.63 Lakh (net margin -326.1%) and EBITDA of -₹19.88 Lakh (EBITDA margin -243.5%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 61% over five years.
Court records list 71 cases involving the company, including 10 filed by the company and 61 filed against it; 22 cases are pending.
Company details
Contact details
Vardhman Infradevelopers Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 – 414 4th Floor Shahpuri Tirath Singh Tower C – 58 Jana, Kpuri, Delhi, India – 110058
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vardhman Infradevelopers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Vardhman Infradevelopers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Vardhman Infradevelopers Private Limited, buy the company report.
Financials of Vardhman Infradevelopers Private Limited
FY 2022 filings availableVardhman Infradevelopers Private Limited reported revenue of ₹8.17 Lakh (down 90% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 90% fall in the latest year. EBITDA rose 43% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹19.88 Lakh | ||||
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| Net Profit (PAT) | -₹26.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -243.5% | ||||
| Net Profit Margin | -326.1% | ||||
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To see the full financial statements and ratios of Vardhman Infradevelopers Private Limited, buy the company report.
Board of directors of Vardhman Infradevelopers Private Limited
Vardhman Infradevelopers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harjit Singh | Director | 14 Nov 2024 | 1 Years 11 Months | As last reported |
| Raju Verma Also directs: Vardhman Infrabuild Private Limited, Vardhman Realtech Private Limited, Zestha Projects Private Limited and 2 more | Director | 16 Aug 2010 | 16 Years 2 Months | As last reported |
Auditor
Vardhman Infradevelopers Private Limited is audited by B P ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P ASSOCIATES LLP | FY 2020 | N500071 |
Shareholding
The shareholding of Vardhman Infradevelopers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vardhman Infradevelopers Private Limited, buy the company report.
Legal cases
Vardhman Infradevelopers Private Limited has 71 court cases on record: 10 filed by Vardhman Infradevelopers, 61 filed against it. 22 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 43 | 18 |
| High courts | 16 | 10 | 2 |
| NCLAT | 6 | 6 | 2 |
| Supreme Court | 3 | 0 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Stup Consultants Pvt. Ltd. | Pending |
| Allahabad High Court | Writ petition | Filed against the company by M/S B.M Global Capital Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Acme Regency Private Limited and 82 others | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Acme Regency Private Limited and 82 others | Disposed |
| Allahabad High Court | Writ petition | Filed against the company by Vardhman Estates and Developers Pvt. Ltd.Thru. Ar , New Delhi and Others | Disposed |
To see the full case history of Vardhman Infradevelopers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vardhman Infradevelopers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vardhman Infradevelopers Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Vardhman Infradevelopers has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCV3838M1ZV | Delhi | Active | 01 Jul 2017 |
| 09AADCV3838M2ZQ | Uttar Pradesh | Active | 08 Sep 2017 |
To see the full GST registrations and return filing status of Vardhman Infradevelopers Private Limited, buy the company report.
Recent activity
Vardhman Infradevelopers Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Harinder Bashista ceased to be Director on 14 Nov 2024.
Frequently asked questions
Vardhman Infradevelopers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vardhman Infradevelopers is a company under insolvency, formerly operating as a private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 August 2010 and is registered under CIN U45200DL2010PTC207136. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vardhman Infradevelopers has 2 current directors:
- Harjit Singh - Director
- Raju Verma - Director
The latest financial statements of Vardhman Infradevelopers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vardhman Infradevelopers is U45200DL2010PTC207136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhman Infradevelopers has 71 court cases on record: 10 filed by the company and 61 filed against it. 22 are pending. Most are in the district courts.
Vardhman Infradevelopers was incorporated on 16 August 2010. It is registered with the Registrar of Companies, Delhi.
Harinder Bashista ceased to be Director on 14 Nov 2024. Harjit Singh was appointed as Director on 14 Nov 2024. Jaideep Aggarwal ceased to be Director on 21 Feb 2017. Vardhman Infradevelopers has 7 board changes on record in total.
The registered office of Vardhman Infradevelopers is at 401 – 414 4th Floor Shahpuri Tirath Singh Tower C – 58 Jana, Kpuri, Delhi, India – 110058.
The GSTIN of Vardhman Infradevelopers is 07AADCV3838M1ZV, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AADCV3838M2ZQ (Uttar Pradesh).