Vama Housing Limited
About Vama Housing Limited
Data last updated:
Vama Housing Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Hubtown Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1995PLC085167. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Akulpita Construction Limited and Akulpita Construction Private Limited. It is led by directors including Kushal Hemant Shah and Rushank Vyomesh Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹35,000, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹95,000 (net margin -271.4%) and EBITDA of -₹95,000 (EBITDA margin -271.4%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹124.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Vama Housing has undergone 2 name changes throughout its history. The company was previously known as Akulpita Construction Limited, and Akulpita Construction Private Limited. The current legal name is Vama Housing Limited.
| Company Name | Status |
|---|---|
| Vama Housing Limited | Current |
| Akulpita Construction Limited | Previous |
| Akulpita Construction Private Limited | Previous |
CIN history
Vama Housing has one previous CIN (Corporate Identification Number): U45200MH1995PTC085167. The current CIN is U45200MH1995PLC085167, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1995PLC085167 | Current |
| U45200MH1995PTC085167 | Previous |
Contact details
Vama Housing Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 116 First Floor Rehab Building No. 4 Akruti Annexe Road No. 7 Marol MIDC A, Ndheri (E), Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vama Housing 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
Financials of Vama Housing Limited
FY 2024 filings availableVama Housing Limited reported revenue of ₹35,000 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. EBITDA fell 100% 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 | -₹95,000 | ||||
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| Net Profit (PAT) | -₹95,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -271.4% | ||||
| Net Profit Margin | -271.4% | ||||
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To see the full financial statements and ratios of Vama Housing Limited, buy the company report.
Board of directors of Vama Housing Limited
Vama Housing has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushal Hemant Shah Also directs: Aradhana Lifespace LLP, MVSR Developers and Trading LLP, Aakruti Intellectuals AI Private Limited and 5 more | Director | 25 Apr 2018 | 8 Years 5 Months | Current |
| Rushank Vyomesh Shah Also directs: Funsolar Energy LLP, Aradhana Lifespace LLP, MVSR Developers and Trading LLP and 5 more | Director | 25 Apr 2018 | 8 Years 5 Months | Current |
| Rajeevan Achuthan Paramban Also directs: Twenty Five Estates Realty Private Limited, Hubtown Seasons Maintenance Private Limited, Vishal Techno Commerce Limited and 4 more | Director | 03 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Vama Housing Limited is audited by L. J. Kothari & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L. J. Kothari & Co. | FY 2022 | 105313W |
Shareholding
The shareholding of Vama Housing 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 Vama Housing Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2017 | 100112796 | Others | ₹74.5 Cr | Satisfied | |
| 15 Dec 2009 | 10198020 | Punjab National Bank | ₹50 Cr | Satisfied |
To see the full charge records of Vama Housing Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Vama Housing Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Sicom Limited | Disposed |
To see the full case history of Vama Housing 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 Vama Housing Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vama Housing has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vama Housing Limited, buy the company report.
Recent activity
Vama Housing Limited has 16 board changes on record since 2008: 3 appointments and 13 cessations. The latest: Kushal Hemant Shah ceased to be Additional Director on 25 Sep 2018.
11 earlier events are in the company report.
Frequently asked questions
Vama Housing is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 February 1995 (31+ years old) and is registered under CIN U45200MH1995PLC085167.
Vama Housing has 3 current directors:
- Kushal Hemant Shah - Director
- Rushank Vyomesh Shah - Director
- Rajeevan Achuthan Paramban - Director
The latest financial statements of Vama Housing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Vama Housing has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vama Housing is U45200MH1995PLC085167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vama Housing has 1 court case on record: 1 filed against it.
Vama Housing was incorporated on 02 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Kushal Hemant Shah ceased to be Additional Director on 25 Sep 2018. Rushank Vyomesh Shah ceased to be Additional Director on 25 Sep 2018. Kushal Hemant Shah was appointed as Director on 25 Apr 2018. Vama Housing has 16 board changes on record in total.
The registered office of Vama Housing is at Unit No. 116 First Floor Rehab Building No. 4 Akruti Annexe Road No. 7 Marol MIDC A, Ndheri E, Mumbai, Maharashtra, India – 400093.
Vama Housing operates in the real estate and construction industry, in the real estate builders and developers segment.