Vandit Developers (India) Private Limited
About Vandit Developers (India) Private Limited
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Vandit Developers (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN1994PTC133981.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Paresh Ajit Bafna and Pradeep Meghraj Banthia.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Teck Park, Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.91 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹60.08 Lakh (net margin 82.4%) and EBITDA of ₹71.44 Lakh (EBITDA margin 98%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹4.75 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History
Vandit Developers (India) has one previous CIN (Corporate Identification Number): U45200MH1994PTC079446. The current CIN is U45200PN1994PTC133981, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200PN1994PTC133981 | Current |
| U45200MH1994PTC079446 | Previous |
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- WebsiteLocked
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- Registered AddressTeck Park One Tower 'E' S.N.191A/2A/2 Next To Don Bosco School Off Airport Road Yera, Wada, Pune, Maharashtra, India – 411006
- 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 Vandit Developers (India) Private Limited
FY 2025 filings availableVandit Developers (India) Private Limited reported revenue of ₹72.91 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 4% fall in the latest year. EBITDA fell 63% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹71.44 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹60.08 Lakh | |
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 98% | |
| Net Profit Margin | 82.4% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Vandit Developers (India) 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
Board of Directors of Vandit Developers (India) Private Limited
Vandit Developers (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paresh Ajit Bafna Also directs: Ssilverwoods Properties Private Limited, As Realty and Infrastructure Private Limited, Evaan Homes LLP and 5 more | Director | 19 Jul 2010 | 16 Years 3 Months | Current |
| Pradeep Meghraj Banthia Also directs: BK Tetrapartners LLP, Hinjewadi Techpark Private Limited, Ssilverwoods Properties Private Limited and 5 more | Director | 12 Mar 2015 | 11 Years 7 Months | Current |
Peer Comparison
Vandit Developers (India) Private 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 |
|---|---|---|---|---|---|---|
| Green Gaarden Realty India Private Limited | ₹72.94 Lakh (FY 2024) | •••• | •••• | -80.0% | •••• | Tirupur, Tamil Nadu, India |
| JVC Hallmark Foundations Private Limited | ₹72.93 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Chennai, Tamil Nadu, India |
| Hi-Tech Property Development and Enterprises Private Ltd. | ₹72.93 Lakh (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Ashiana Properties & Industries Limited. | ₹72.92 Lakh (FY 2024) | •••• | •••• | -25.0% | •••• | Patna, Bihar, India |
| Susanta Electrical Services Private Limited | ₹72.92 Lakh (FY 2025) | •••• | •••• | 163.0% | •••• | Matiaghata, West Bengal, India |
| Vandit Developers (India) Private Limited this company | ₹72.91 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Pune, Maharashtra, India |
| Karnani Plaza Pvt. Ltd. | ₹72.9 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Trinetra Buildcon Private Limited | ₹72.89 Lakh (FY 2022) | •••• | •••• | 50.0% | •••• | New Delhi, Delhi, India |
| NDR Buildcon Private Limited | ₹72.89 Lakh (FY 2025) | •••• | •••• | 40394.0% | •••• | Delhi, India |
| Twin Estate Developers Private Limited | ₹72.88 Lakh (FY 2025) | •••• | •••• | 1564.0% | •••• | Pune, Maharashtra, India |
| Shrishti Buildcon Private Limited | ₹72.86 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
Peers are the companies nearest to Vandit Developers (India) by revenue, above and below it, 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
Vandit Developers (India) Private Limited is audited by G K D J & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G K D J & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2000 | Janseva Sahakari Bank Ltd. | ₹1 Cr | Open |
| 29 Mar 2000 | Janseva Sahakari Bank Ltd. | ₹2.5 Cr | Open |
| 06 Nov 1998 | Rupee Co - Op. Bank Ltd. | ₹1.25 Cr | Open |
Total charge records: 3 View all charges
Legal Cases
Vandit Developers (India) Private Limited has 9 court cases on record: 5 filed by Vandit Developers (India), 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Premsagar Hotels Pvt. Ltd. and 3 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Regal Oil Distributors Through Mr. Tushar Ramniklal Lathiwala | Disposed |
| Bombay High Court | Court case (CAC) | Filed by the company against Satellite Towers Co-Op.Housing Soc. Ltd. Through Its Duly Authorized Repressentatives and 1 other | Disposed |
| Bombay High Court | Appeal | Filed by the company against Satellite Towers Co-Op.Housing Soc. Ltd. Through Its Duly Authorized Repressentatives and 1 other | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company by an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Vandit Developers (India).
: available in the company report
Group Structure
Vandit Developers (India) has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Multi Storey Properties Private Limited | U70100PN1996PTC139098 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity
Vandit Developers (India) Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Pradeep Meghraj Banthia ceased to be Additional Director on 30 Sep 2015.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Vandit Developers (India) is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 July 1994 (32+ years old) and is registered under CIN U45200PN1994PTC133981.
Vandit Developers (India) has 2 current directors:
- Paresh Ajit Bafna - Director
- Pradeep Meghraj Banthia - Director
The latest financial statements of Vandit Developers (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vandit Developers (India) is U45200PN1994PTC133981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vandit Developers (India) has 9 court cases on record: 5 filed by the company and 4 filed against it. Most are in the district courts.
Vandit Developers (India) was incorporated on 06 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Vandit Developers (India) by revenue are Green Gaarden Realty India Private Limited, JVC Hallmark Foundations Private Limited, Hi-Tech Property Development and Enterprises Private Ltd, Ashiana Properties & Industries Limited, Susanta Electrical Services Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Pradeep Meghraj Banthia ceased to be Additional Director on 30 Sep 2015. Pradeep Meghraj Banthia was appointed as Director on 12 Mar 2015. Sagar Ishwardas Chordia ceased to be Director on 12 Mar 2015. Vandit Developers (India) has 6 board changes on record in total.
The registered office of Vandit Developers (India) is at Teck Park One Tower E S.N.191A2A2 Next To Don Bosco School Off Airport Road Yera, Wada, Pune, Maharashtra, India – 411006.
Vandit Developers (India) operates in the real estate and construction industry, in the real estate builders and developers segment.
Vandit Developers (India) has open charges of ₹4.75 Cr and no satisfied charges on record as per latest MCA filings.