Vardhman Developers Limited

Vardhman Developers Limited - real estate and construction in Mumbai., Maharashtra, India. FY 2026 financials and compliance.
CIN U70102MH1990PLC056704 Incorporated 31 May 1990 ROC Mumbai HQ Mumbai., Maharashtra, India
Active Public Limited Company real estate and construction
Data last updated
Revenue · FY 2024
₹45.58 Cr
▲ 30.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.45 Cr
Issued & subscribed
Open charges
₹395.82 Cr
Satisfied ₹74.55 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
2
Latest available

About Vardhman Developers Limited

Data last updated: 23 December 2025

Vardhman Developers Limited is a public limited company based in Mumbai., Maharashtra, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 31 May 1990, the company has been in operation for over 36 years.

Registered with ROC Mumbai under CIN U70102MH1990PLC056704.

Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.45 Cr. Formerly known as Vardhman Developers Private Limited. It is led by directors including Rajesh Babulal Vardhan and Ramesh Babulal Vardhan.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 113 Commerce House 140 Nagindas Master Rd Fort, Mumbai., Maharashtra, India – 400023.

As per the financials filed for FY 2024, the company reported a revenue of ₹45.58 Cr, a growth of 30% compared to the previous year.

The company has a workforce of approximately 2 employees as per the latest available data. Its group structure includes 2 subsidiaries.

As per MCA filings, the company has open charges of ₹395.82 Cr and satisfied charges of ₹74.55 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vardhmandevelopers.co.in.

Company Details of Vardhman Developers Limited
CIN U70102MH1990PLC056704
Registration Number 056704
Incorporation Date 31 May 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    113 Commerce House 140 Nagindas Master Rd Fort, Mumbai., Maharashtra, India – 400023
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
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Financials, compliance, directors, charges, ownership and filings for Vardhman Developers Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Vardhman Developers Limited

Vardhman Developers Limited has one previous CIN (Corporate Identification Number): U70102MH1990PTC056704. The current CIN is U70102MH1990PLC056704, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U70102MH1990PLC056704 Current
U70102MH1990PTC056704 Previous

Business Activity of Vardhman Developers Limited

Vardhman Developers Limited is engaged in the principal business activity of construction, with detailed activities including buildings.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
F Construction F1 Buildings Locked
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Auditor Details of Vardhman Developers Limited

Vardhman Developers Limited is audited by Shravan Gandhi & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Shravan Gandhi & Associates Locked Locked Locked
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Board of Directors of Vardhman Developers Limited

Vardhman Developers Limited is currently managed by 4 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Rajesh Babulal Vardhan Whole-Time Director 31 May 1990 36 Years 2 Months Current
Ramesh Babulal Vardhan Whole-Time Director 01 Sep 2009 16 Years 11 Months Current
Saroj Bhanji Rathod Director 31 May 2023 3 Years 2 Months Current
Shailesh Jogani Director 30 Sep 2023 2 Years 10 Months Current

Financials of Vardhman Developers Limited FY 2024 filings available

Vardhman Developers Limited reported revenue of ₹45.58 Cr (up 30.00% YoY) for FY 2024.

Revenue · FY 2024
₹45.58 Cr ▲ 30.00%
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Ownership and Shareholding of Vardhman Developers Limited

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Shareholding and ownership data for Vardhman Developers Limited

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Group Structure of Vardhman Developers Limited

Vardhman Developers Limited has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Vardhman Developers Limited's business expansion strategy and organizational complexity.

2
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Vardhman Multicuisine Private Limited U55101MH2010PTC206813 Locked
Vardhman Entertainment & Hospitality Private Limited U92490MH2009PTC189719 Locked

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Vardhman Developers Limited

Open charges
₹395.82 Cr
Satisfied charges
₹74.55 Cr
Breakdown by lending institutions
Others₹395.08 Cr
Hdfc Bank Limited₹0.73 Cr
Latest charge details
DateLenderAmountStatus
29 Oct 2022 Hdfc Bank Limited ₹73.3 Lakh Open
29 Sep 2017 Others ₹237.75 Cr Open
28 Sep 2016 Others ₹157.33 Cr Open
09 Oct 2020 Others ₹84.8 Lakh Satisfied
21 May 2020 Others ₹8 Cr Satisfied

Total charge records: 10 View all charges

Employees and EPFO Compliance at Vardhman Developers Limited

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Employee and EPFO history for Vardhman Developers Limited

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GST Compliance of Vardhman Developers Limited

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GST registrations and filing compliance for Vardhman Developers Limited

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Credit Ratings, Litigation & Regulatory Alerts for Vardhman Developers Limited

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Credit ratings, litigation, and regulatory alerts for Vardhman Developers Limited

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MSME Payment Delays by Vardhman Developers Limited

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MSME payment history for Vardhman Developers Limited

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Subsidiaries & Group Companies of Vardhman Developers Limited

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Corporate group structure for Vardhman Developers Limited

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MCA Filings & Documents of Vardhman Developers Limited

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MCA filings and documents for Vardhman Developers Limited

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Recent Activity on Vardhman Developers Limited

Charges
10 Oct 2025
A charge registered on 23 Nov 2015 via Charge ID 10604579 with Uco Bank was fully satisfied on 10 Oct 2025.
Charges
03 Jan 2025
A charge with Others of Rs. 237.75 Cr registered on 29 Sep 2017 with Charge ID 100142564 was modified on 03 Jan 2025.
Activity
30 Sep 2024
Vardhman Developers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Vardhman Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Directors
30 Sep 2023
Shailesh Jogani was appointed as a Director on 30 Sep 2023 & has been associated with this company since 2 years 10 months.
Directors
31 May 2023
Saroj Bhanji Rathod was appointed as a Director on 31 May 2023 & has been associated with this company since 3 years 2 months.

Frequently Asked Questions about Vardhman Developers Limited

Vardhman Developers Limited is an active public limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 31 May 1990 (36+ years old) and is registered under CIN U70102MH1990PLC056704. The company has 2 employees.

Vardhman Developers Limited reported revenue of ₹45.58 Cr for FY 2024 (up 30.00% YoY).

The current directors of Vardhman Developers Limited are:

The primary industry of Vardhman Developers Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.

Vardhman Developers Limited can be reached at the registered office: 113 Commerce House 140 Nagindas Master Rd Fort, Mumbai, Maharashtra, India – 400023, or through the website vardhmandevelopers.co.in.

The authorised capital is ₹5 Cr, and the paid-up capital is ₹3.45 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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