Vasadi Properties Private Limited
About Vasadi Properties Private Limited
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Vasadi Properties Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 14 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70101TN2006PTC060213.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kytharam Naryanaiyer Narayanan and Ajay Bafna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat 1B Canbrae Hall72 Dr. P V Cherian Road Egmore, Chennai, Tamil Nadu, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.8 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹3.08 Lakh (net margin 26.1%) and EBITDA of ₹4.42 Lakh (EBITDA margin 37.5%). Revenue has grown at a compounded annual rate (CAGR) of 182% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vasadi Properties Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat 1B Canbrae Hall72 Dr. P V Cherian Road Egmore, Chennai, Tamil Nadu, India
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Vasadi Properties Private Limited, buy the company report.
- 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
Business activity
The main business activity of Vasadi Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Vasadi Properties Private Limited, buy the company report.
Financials of Vasadi Properties Private Limited
FY 2025 filings availableVasadi Properties Private Limited reported revenue of ₹11.8 Lakh (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 27% growth in the latest year. EBITDA rose 25% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.42 Lakh | ||||
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| Net Profit (PAT) | ₹3.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 37.5% | ||||
| Net Profit Margin | 26.1% | ||||
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To see the full financial statements and ratios of Vasadi Properties Private Limited, buy the company report.
Board of directors of Vasadi Properties Private Limited
Vasadi Properties has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kytharam Naryanaiyer Narayanan | Director | 04 Nov 2019 | 6 Years 11 Months | Current |
| Ajay Bafna Also directs: Paas Integrated Structures Private Limited | Director | 29 Jun 2022 | 4 Years 3 Months | Current |
Peer comparison
Vasadi Properties Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aspire Housing & Real Estates Private Limited | ₹11.82 Lakh (FY 2025) | 3651.0% | Agra, Uttar Pradesh, India | |||
| White Towers Private Limited | ₹11.81 Lakh (FY 2024) | 24.0% | New Delhi, Delhi, India | |||
| Pragya Niryat Pvt. Ltd. | ₹11.8 Lakh (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Vasadi Properties Private Limitedthis company | ₹11.8 Lakh (FY 2025) | ₹3.08 Lakh | 26.1% | 27.0% | Chennai, Tamil Nadu, India | |
| Scorpio Merchandise Private Limited | ₹11.76 Lakh (FY 2022) | 10.0% | Kolkata, West Bengal, India | |||
| Bloom Competech Pvt. Ltd. | ₹11.74 Lakh (FY 2024) | 0.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vasadi Properties Private Limited, buy the company report.
Auditor
Vasadi Properties Private Limited is audited by K N NARAYANAN for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N NARAYANAN | FY 2016 | 22965 |
Shareholding
The shareholding of Vasadi Properties Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vasadi Properties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vasadi Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vasadi Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vasadi Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vasadi Properties Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Ajay Bafna was appointed as Director on 29 Jun 2022.
Frequently asked questions
Vasadi Properties is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 14 June 2006 (20+ years old) and is registered under CIN U70101TN2006PTC060213.
Vasadi Properties has 2 current directors:
- Kytharam Naryanaiyer Narayanan - Director
- Ajay Bafna - Director
The latest financial statements of Vasadi Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vasadi Properties is U70101TN2006PTC060213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasadi Properties was incorporated on 14 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vasadi Properties by revenue are Aspire Housing & Real Estates Private Limited, White Towers Private Limited, Pragya Niryat Pvt. Ltd, Scorpio Merchandise Private Limited, Bloom Competech Pvt. Ltd, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Ajay Bafna was appointed as Director on 29 Jun 2022. Kytharam Naryanaiyer Narayanan ceased to be Additional Director on 31 Dec 2020. Ajit Kumbhat ceased to be Director on 22 Nov 2019. Vasadi Properties has 7 board changes on record in total.
The registered office of Vasadi Properties is at Flat 1B Canbrae Hall72 Dr. P V Cherian Road Egmore, Chennai, Tamil Nadu, India.
Vasadi Properties operates in the real estate industry, in the real estate leasing segment.
The compliance status of Vasadi Properties is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.
Vasadi Properties can be reached at its registered office: Flat 1B Canbrae Hall72 Dr. P V Cherian Road Egmore, Chennai, Tamil Nadu, India.