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 The company has 1 GST registration on record, which is no longer active.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.
The current compliance status is marked as compliant by the Registrar of Companies.
Name History of Vama Housing Limited
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 of Vama Housing Limited
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 |
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- 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
- 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
- One PDF report, delivered after checkout
Financials of Vama Housing Limited FY 2024 filings available
Vama Housing Limited reported revenue of ₹35,000 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vama Housing Limited
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 of Vama Housing Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹95,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹95,000 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vama Housing Limited
| 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% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vama Housing are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 |
Peer Comparison of Vama Housing Limited
Vama Housing Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ajitesh Buildcon Private Limited. | ₹35,093 (FY 2025) | •••• | •••• | -47.0% | •••• | New Delhi, Delhi, India |
| Parakashtha Merchants Private Limited | ₹35,069 (FY 2025) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Dawn Planners Private Limited | ₹35,060 (FY 2025) | •••• | •••• | -73.0% | •••• | Gobindgarh, Punjab, India |
| Mahabal Infrabuild Private Limited | ₹35,036 (FY 2025) | •••• | •••• | -90.0% | •••• | Mumbai, Maharashtra, India |
| Signatureglobal Marketing Solutions Private Limited | ₹35,034 (FY 2025) | •••• | •••• | -87.0% | •••• | New Delhi, Delhi, India |
| Vama Housing Limited this company | ₹35,000 (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Bahumulya Builders Private Limited | ₹35,000 (FY 2025) | •••• | •••• | 9.0% | •••• | Sarahan, Himachal Pradesh, India |
| Mystical Constructions Private Limited | ₹35,000 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Surajgarh Impex Private Limited | ₹35,000 (FY 2025) | •••• | •••• | -83.0% | •••• | Kolkata, West Bengal, India |
| Sanfran Properties & Infrastructure Private Limited | ₹35,000 (FY 2025) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Epitaph Builders and Developers Private Limited | ₹35,000 (FY 2024) | •••• | •••• | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Vama Housing by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vama Housing Limited
Vama Housing Limited is audited by L. J. Kothari & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| L. J. Kothari & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vama Housing Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vama Housing Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2017 | Others | ₹74.5 Cr | Satisfied |
| 15 Dec 2009 | Punjab National Bank | ₹50 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Vama Housing Limited
Vama Housing Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vama Housing Limited
Employment history and EPFO contributions of people linked to Vama Housing.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vama Housing Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vama Housing Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vama Housing Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vama Housing Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vama Housing Limited
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.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vama Housing Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vama Housing Limited
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 reported revenue of ₹35,000 for FY 2025 (down 100% YoY).
Vama Housing has 3 current directors:
- Kushal Hemant Shah - Director
- Rushank Vyomesh Shah - Director
- Rajeevan Achuthan Paramban - Director
Vama Housing reported a net loss of ₹95,000 (net margin -271.4%) and EBITDA of -₹95,000 (EBITDA margin -271.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vama Housing is -33% over three years and 3% over five years. CAGR is the steady yearly rate that links the first and the last year.
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.
Vama Housing was incorporated on 02 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vama Housing by revenue are Ajitesh Buildcon Private Limited, Parakashtha Merchants Private Limited, Dawn Planners Private Limited, Mahabal Infrabuild Private Limited, Signatureglobal Marketing Solutions Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
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.