Vardhman Developers Limited - Company Profile

It is a real estate and construction public limited company based in Mumbai., Maharashtra, India, established in 1990.
1990 Mumbai., Maharashtra, India Active
Last Updated:
Access Report
About Vardhman Developers Limited

Vardhman Developers Limited, a active public limited company, was established on 31 May 1990 in Mumbai., Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U70102MH1990PLC056704. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.45 Cr.

Formerly known as Vardhman Developers Private Limited. It upholds a compliant status. Employing 2 professional, Its leadership includes Rajesh Babulal Vardhan (Whole-Time Director), Ramesh Babulal Vardhan (Whole-Time Director), Saroj Bhanji Rathod (Director). Past directors included Manju Ramesh Vardhan, Aruna Rajesh Vardhan, Babulal Mishrimal Vardhan. It holds ₹395.82 Cr open charges and ₹74.55 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 113, Commerce House, 140,Nagindas Master Rd, Fort,, Mumbai., Maharashtra, 400023.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U70102MH1990PLC056704

  • Registration Number

    056704

  • Incorporation Date

    31 May 1990

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.45 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.45 Cr
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 395.82 Cr
  • Satisfied Charges ₹ 74.55 Cr
  • Revenue Growth **** 0.73%
  • Profit Growth **** 63.40%
  • Ebitda **** 70.94%
  • Net Worth 1.10%
  • Total Assets **** 10.86%
Company report

Vardhman Developers Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Vardhman Developers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Vardhman Developers Limited?
Current Directors
Name Designation Appointment Date Status
Rajesh Babulal Vardhan Whole-Time Director 31 May 1990 Current
Ramesh Babulal Vardhan Whole-Time Director 01 Sep 2009 Current
Saroj Bhanji Rathod Director 31 May 2023 Current
Shailesh Jogani Director 30 Sep 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Mar 2012 Past
Pramod Abcsdd Director 07 Mar 2012 Past
Pramod Abcsdd Whole-Time Director 15 May 2010 Past
Pramod Abcsdd Additional Director 31 May 2023 Past
Pramod Abcsdd Whole-Time Director 15 May 2010 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Vardhman Developers.

Vardhman Developers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.73% increase. The company also saw a substantial improvement in profitability, with a 63.4% increase in profit. The company's net worth moved up by a moderate rise of 1.1%.

Vardhman Developers revenue growth over time
Vardhman Developers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 0.73%
*******
*******
*******
*******
Revenue from Operations
*******
 0.17%
*******
*******
*******
*******
Total Assets
*******
 10.86%
*******
*******
*******
*******
Profit or Loss
*******
 63.40%
*******
*******
*******
*******
Net Worth
*******
 1.10%
*******
*******
*******
*******
EBITDA
*******
 70.94%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Vardhman Developers?

In 2023, Vardhman Developers had a promoter holding of 97.53% and a public holding of 2.46%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹3,958,172,164.00

Satisfied Charges

₹745,480,000.00

Charges Breakdown by Lending Institutions
  • Others : 395.08 Cr
  • Hdfc Bank Limited : 0.73 Cr
Latest Charge Details
Date Lender Amount Status
29 Oct 2022 Hdfc Bank Limited ₹7.33 M Open
29 Sep 2017 Others ₹237.75 Cr Open
28 Sep 2016 Others ₹157.33 Cr Open
09 Oct 2020 Others ₹8.48 M Satisfied
21 May 2020 Others ₹8.00 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Vardhman Developers?

Unlock and access historical data on people associated with Vardhman Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardhman Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vardhman Developers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Vardhman Developers
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 23 Nov 2015 via Charge ID 10604579 with Uco Bank was fully satisfied on 10 Oct 2025. was documented.

  • Charges

    A charge with Others of Rs. 237.75 Cr registered on 29 Sep 2017 with Charge ID 100142564 was modified on 03 Jan 2025. was recorded as a recent event.

  • Annual General Meeting

    Vardhman Developers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Vardhman Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Shailesh Jogani was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 2 years 5 months . was recorded as a recent event.

  • Director Appointment

    Saroj Bhanji Rathod was appointed as a Director was appointed as a Director on 31 May 2023 & has been associated with this company since 2 years 9 months . was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Vardhman Developers Limited?

The CIN of Vardhman Developers Limited is U70102MH1990PLC056704.

Where is Vardhman Developers Limited headquartered?

Vardhman Developers Limited is headquartered at 113, Commerce House, 140,Nagindas Master Rd, Fort,, Mumbai., Maharashtra, 400023.

When was Vardhman Developers Limited incorporated?

Vardhman Developers Limited was incorporated on 31 May 1990.

Who are the current directors of Vardhman Developers Limited?

The current directors of Vardhman Developers Limited are

What is the primary industry of Vardhman Developers Limited?

The primary industry of Vardhman Developers Limited is Construction.

Is Vardhman Developers Limited a listed company?

Vardhman Developers Limited is unlisted.

What is the capital structure of Vardhman Developers Limited?

The authorized capital of Vardhman Developers Limited is ₹5.00 Cr, and the paid-up capital is ₹3.45 Cr.

What is the compliance status of Vardhman Developers Limited?

The compliance status of Vardhman Developers Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available