About Shree Vardhman Developers Private Limited
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Shree Vardhman Developers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL2005PTC142029. Its GSTIN is 07AACCV1495M1ZV (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹19.75 Cr. It was formerly known as Vardhman Developers and Infrastructures Private Limited. It is led by directors Sandeep Jain (Managing Director) and Sachin Jain.
Its last annual general meeting (AGM) was held on 25 July 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 301 – 311 Third Floor Indraprakash Building 21 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.67 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.41 Cr (net margin -69.5%) and EBITDA of -₹7.5 Lakh (EBITDA margin -0.7%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹86 Cr and satisfied charges of ₹191.52 Cr on record. Court records list 35 cases involving the company, including 15 filed by the company and 20 filed against it; 10 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website shreevardhmangroup.com.
Company details
Contact details
Shree Vardhman Developers Private Limited's registered office is in New Delhi, Delhi. Its website is shreevardhmangroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address301 – 311 Third Floor Indraprakash Building 21 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shree Vardhman 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 Shree Vardhman 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 Shree Vardhman Developers Private Limited, buy the company report.
Financials of Shree Vardhman Developers Private Limited
FY 2022 filings availableShree Vardhman Developers Private Limited reported revenue of ₹10.67 Cr (up 174% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 174% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA fell 102% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹10.67 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹7.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.41 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -69.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shree Vardhman Developers Private Limited, buy the company report.
Board of directors of Shree Vardhman Developers Private Limited
Shree Vardhman Developers 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 |
|---|---|---|---|---|
| Sandeep Jain | Managing Director | 21 Oct 2005 | 21 Years 0 Months | Current |
| Sachin Jain | Director | 21 Oct 2005 | 21 Years 0 Months | Current |
Auditor
Shree Vardhman Developers Private Limited is audited by Vohra Sahni & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vohra Sahni & Associates | FY 2022 | 09411N |
Shareholding
The shareholding of Shree Vardhman Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shree Vardhman Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2020 | 100402990 | Idbi Trusteeship Services Limited | ₹16 Cr | Satisfied | |
| 08 Jan 2016 | 10616657 | Idbi Trusteeship Services Limited | ₹70 Cr | Satisfied | |
| 30 Jun 2014 | 10509156 | Corporation Bank | ₹9.99 Cr | Satisfied | |
| 02 Jun 2014 | 10507940 | Andhra Bank | ₹40 Cr | Satisfied | |
| 15 Sep 2010 | 10245879 | Punjab National Bank | ₹2.34 Cr | Satisfied |
To see the full charge records of Shree Vardhman Developers Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Shree Vardhman Developers Private Limited has 35 court cases on record: 15 filed by Shree Vardhman Developers, 20 filed against it. 10 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 13 | 7 |
| High courts | 14 | 6 | 0 |
| Supreme Court | 5 | 1 | 3 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Xander Finance Private Limited & Anr. | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Brilltech Engineers Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Ms Tini Power P.Ltd | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by Vardhman Properties Ltd. | Disposed |
| Supreme Court | Court case | Filed against the company by an individual | Pending |
To see the full case history of Shree Vardhman 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.
MSME payment delays
Shree Vardhman Developers Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2020, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Shree Vardhman Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shree Vardhman Developers has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Shree Vardhman Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCV1495M1ZV | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Vardhman Developers Private Limited, buy the company report.
Recent activity
Shree Vardhman Developers Private Limited has 7 board changes on record since 2005: 2 appointments and 5 cessations. The latest: Perduman Kumar Jain ceased to be Director on 11 Mar 2016.
17 earlier events are in the company report.
Frequently asked questions
Shree Vardhman Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 October 2005 (21+ years old) and is registered under CIN U70101DL2005PTC142029.
Shree Vardhman Developers has 2 current directors:
- Sandeep Jain - Managing Director
- Sachin Jain - Director
The latest financial statements of Shree Vardhman Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 25 July 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Shree Vardhman Developers is 07AACCV1495M1ZV, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shree Vardhman Developers is U70101DL2005PTC142029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Vardhman Developers has 35 court cases on record: 15 filed by the company and 20 filed against it. 10 are pending. Most are in the district courts.
Shree Vardhman Developers was incorporated on 21 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Perduman Kumar Jain ceased to be Director on 11 Mar 2016. Utkarsh Rastogi ceased to be Company Secretary on 01 Aug 2015. Richa Kumar ceased to be Company Secretary on 31 Mar 2012. Shree Vardhman Developers has 7 board changes on record in total.
Shree Vardhman Developers has 4 MSME Form 1 returns on record for the period ending Sep 2020, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 03 Apr 2021.
Shree Vardhman Developers can be reached through the website shreevardhmangroup.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Shree Vardhman Developers is at 301 – 311 Third Floor Indraprakash Building 21 Barakhamba Road, New Delhi, Delhi, India – 110001.