Vardhman Developers Limited - real estate and construction in Mumbai., Maharashtra, India. FY 2026 financials & 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:

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

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

CINStatus
U70102MH1990PLC056704Current
U70102MH1990PTC056704Previous

Business Activity of Vardhman Developers

The main business activity of Vardhman Developers is construction. In detail, this covers buildings.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF1BuildingsLocked
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Business activity turnover details for Vardhman Developers Limited

Turnover share and past changes in activity are in the company report.

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Auditor Details of Vardhman Developers

Vardhman Developers Limited is audited by Shravan Gandhi & Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
Shravan Gandhi & AssociatesLockedLockedLocked
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Complete auditor history for Vardhman Developers Limited

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Vardhman Developers Limited

Vardhman Developers has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh Babulal VardhanWhole-Time Director31 May 199036 Years 4 MonthsCurrent
Ramesh Babulal VardhanWhole-Time Director01 Sep 200917 Years 1 MonthsCurrent
Saroj Bhanji RathodDirector31 May 20233 Years 4 MonthsCurrent
Shailesh JoganiDirector30 Sep 20233 Years 0 MonthsCurrent

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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Ten-year financial statements for Vardhman Developers Limited

Earlier years and trend charts are in the company report.

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Ownership and Shareholding of Vardhman Developers

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Shareholding and ownership data for Vardhman Developers Limited

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Group Structure of Vardhman Developers Limited

Vardhman Developers has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company NameCINShares Held
Vardhman Multicuisine Private LimitedU55101MH2010PTC206813Locked
Vardhman Entertainment & Hospitality Private LimitedU92490MH2009PTC189719Locked

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Vardhman Developers

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 2022Hdfc Bank Limited₹73.3 LakhOpen
29 Sep 2017Others₹237.75 CrOpen
28 Sep 2016Others₹157.33 CrOpen
09 Oct 2020Others₹84.8 LakhSatisfied
21 May 2020Others₹8 CrSatisfied

Total charge records: 10 View all charges

Employees and EPFO Compliance at Vardhman Developers

Employment history and EPFO contributions of people linked to Vardhman Developers.

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Employee and EPFO history for Vardhman Developers Limited

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Vardhman Developers

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GST registrations and filing compliance for Vardhman Developers Limited

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Vardhman Developers

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

Credit ratings, court records and regulatory alerts are in the company report.

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MSME Payment Delays by Vardhman Developers

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MSME payment history for Vardhman Developers Limited

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Vardhman Developers

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Corporate group structure for Vardhman Developers Limited

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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MCA Filings & Documents of Vardhman Developers

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MCA filings and documents for Vardhman Developers Limited

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Recent Activity on Vardhman Developers

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 3 years 2 days.
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 4 months.

Frequently Asked Questions about Vardhman Developers Limited

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

The current directors of Vardhman Developers are:

The primary industry of Vardhman Developers 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 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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