About Vamona Developers Private Limited
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Vamona Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of The Phoenix Mills Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 26 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC165253. Its GSTIN is 27AACCV3425B1ZQ (Maharashtra).
The company has an authorised share capital of ₹110 Cr and a paid-up capital of ₹98.31 Cr. It is led by directors including Anshuman Subhash Bharadwaj (Managing Director) and Lalit Jain.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹330.76 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹144.58 Cr (net margin 43.7%) and EBITDA of ₹232.17 Cr (EBITDA margin 70.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 6% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,116.72 Cr and satisfied charges of ₹1,737.18 Cr on record. Court records list 42 cases involving the company, including 24 filed by the company and 18 filed against it; 12 cases are pending. The company has 23 deals on record (14 secondary share transfers, 6 funding rounds, 3 acquisitions), with disclosed funding of ₹606.9 Cr; the latest was in June 2021. Its 4 peer companies in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 3 smaller; the largest is NBK Real Estates Private Limited with revenue of ₹331.74 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website highstreetphoenix.com.
Company details
Contact details
Vamona Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is highstreetphoenix.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O Marketcity Resources Pvt Ltd R Hosiery Bldg Shree Laxmi Woollen Mills Estate Opp Sh, Akti Mills, Mumbai, Maharashtra, India – 400011
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of Vamona Developers 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 Vamona Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Vamona Developers Private Limited, buy the company report.
Financials of Vamona Developers Private Limited
FY 2025 filings availableVamona Developers Private Limited reported revenue of ₹330.76 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 4% growth in the latest year. EBITDA rose 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹232.17 Cr | ||||
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| Net Profit (PAT) | ₹144.58 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 70.2% | ||||
| Net Profit Margin | 43.7% | ||||
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To see the full financial statements and ratios of Vamona Developers Private Limited, buy the company report.
Board of directors of Vamona Developers Private Limited
Vamona Developers has 6 current directors and 50 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshuman Subhash Bharadwaj | Managing Director | 04 Aug 2023 | 3 Years 2 Months | Current |
| Lalit Jain Also directs: Alliance Spaces Private Limited, Offbeat Developers Private Limited, Graceworks Realty & Leisure Private Limited and 5 more | Director | 04 Aug 2023 | 3 Years 2 Months | Current |
| Neha Ravi Kapoor Also directs: Passport Paradise Private Limited, Insight Mall Developers Private Limited, Alyssum Developers Private Limited and 2 more | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Shweta Pradeep Vyas Also directs: Island Star Mall Developers Private Limited, Alliance Spaces Private Limited, Offbeat Developers Private Limited and 4 more | Director | 30 Mar 2024 | 2 Years 7 Months | Current |
| Siddhesh Pradeep Pradhan Also directs: Offbeat Developers Private Limited, Insight Mall Developers Private Limited, Alyssum Developers Private Limited and 5 more | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Khorezad Homi Dordi | Director | 24 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Vamona Developers Private Limited is compared with the 4 companies closest to it by revenue in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NBK Real Estates Private Limited | ₹331.74 Cr (FY 2025) | -37.0% | Chennai, Tamil Nadu, India | |||
| Vamona Developers Private Limitedthis company | ₹330.76 Cr (FY 2025) | ₹144.58 Cr | 43.7% | 4.0% | 69 | Mumbai, Maharashtra, India |
| Prompt Engineering Private Limited | ₹329.52 Cr (FY 2025) | 31.0% | Gurugram, Haryana, India | |||
| Uppal Housing Private Limited | ₹328.26 Cr (FY 2024) | 66.0% | New Delhi, Delhi, India | |||
| Embassy Office Parks Private Limited | ₹326.9 Cr (FY 2020) | 25.0% | Pune, Maharashtra, India |
To see the full peer comparison of Vamona Developers Private Limited, buy the company report.
Auditor
Vamona Developers Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Vamona Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vamona Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2023 | 100700718 | Idbi Trusteeship Services Limited | ₹300 Cr | Open | |
| 01 Mar 2023 | 100686030 | The Hongkong and Shanghai Banking Corporation Limited | ₹16.6 Cr | Open | |
| 21 Mar 2017 | 100085497 | Idbi Trusteeship Services Limited | ₹800 Cr | Open | |
| 03 Sep 2014 | 10528314 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 23 Mar 2018 | 100170124 | The Hongkong and Shanghai Banking Corporation Limited | ₹24.39 Cr | Satisfied |
To see the full charge records of Vamona Developers Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Vamona Developers Private Limited has 23 deals on record (14 secondary share transfers, 6 funding rounds, 3 acquisitions), with disclosed funding of ₹606.9 Cr; the latest was in June 2021.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Reco Zinnia Private Limited Seller: The Phoenix Mills Limited |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited Seller: Butala Farm Lands Private Limited , Ashok Atul Private Limited , an individual |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited Seller: Fuhse River Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited Seller: Crest Ventures Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited Seller: Werra River Limited |
To see the full deal history of Vamona Developers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vamona Developers Private Limited has 42 court cases on record: 24 filed by Vamona Developers, 18 filed against it. 12 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 8 | 5 |
| High courts | 14 | 9 | 6 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S BJN Hospitality Pvt Ltd Through Kishore B. Nichani | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against BJN Hospitality Private Limited | Pending |
| Supreme Court | Court case (2405-Indirect Taxation : Service Tax) | Filed against the company by Lifestyle International Pvt.Ltd. | Pending |
| Bombay High Court | Court case (CARAP) | Filed against the company by BJN Hospitality Pvt Ltd | Disposed |
To see the full case history of Vamona Developers 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.
Credit ratings & regulatory alerts
Vamona Developers Private Limited was last rated by Crisil on 26 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Nov 2021 |
To see the full credit ratings and regulatory alerts of Vamona Developers Private Limited, buy the company report.
MSME payment delays
Vamona Developers Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Asha Publicity Private Limited | |||
| Adjm Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Compuscroll India Private Limited |
To see the full MSME payment records of Vamona Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vamona Developers Private Limited has a workforce of 69 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Vamona Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV3425B1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vamona Developers Private Limited, buy the company report.
Recent activity
Vamona Developers Private Limited has 52 board changes on record since 2007: 6 appointments and 46 cessations. The latest: Khorezad Homi Dordi ceased to be Additional Director on 02 Sep 2025.
72 earlier events are in the company report.
Frequently asked questions
Vamona Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in mall and retail management, within the business services industry. It was incorporated on 26 October 2006 (20+ years old) and is registered under CIN U45201MH2006PTC165253.
Vamona Developers has 6 current directors:
- Anshuman Subhash Bharadwaj - Managing Director
- Lalit Jain - Director
- Neha Ravi Kapoor - Director
- Shweta Pradeep Vyas - Director
- Siddhesh Pradeep Pradhan - Director
- Khorezad Homi Dordi - Director
The latest financial statements of Vamona Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vamona Developers is 27AACCV3425B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vamona Developers is U45201MH2006PTC165253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vamona Developers has 42 court cases on record: 24 filed by the company and 18 filed against it. 12 are pending. Most are in the district courts.
Vamona Developers was incorporated on 26 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Vamona Developers has 23 deals on record (14 secondary share transfers, 6 funding rounds, 3 acquisitions), with disclosed funding of ₹606.9 Cr; the latest was in June 2021.
The peers of Vamona Developers by revenue are NBK Real Estates Private Limited, Prompt Engineering Private Limited, Uppal Housing Private Limited, Embassy Office Parks Private Limited, all in the Business Services industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property).
Khorezad Homi Dordi ceased to be Additional Director on 02 Sep 2025. Aditya Singh Solanki ceased to be Company Secretary on 04 Jul 2025. Khorezad Homi Dordi was appointed as Director on 24 Jun 2025. Vamona Developers has 52 board changes on record in total.
Vamona Developers has 11 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 11 micro and small suppliers. The latest return was filed on 18 Dec 2023.
Vamona Developers can be reached through the website highstreetphoenix.com. Its registered office is in Mumbai, Maharashtra, India.
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