Vascon Developers Private Limited - Company Profile

It is a travel and hospitality private limited company based in Vikhroli E, Maharashtra, India, established in 2009.

2009 Vikhroli E, Maharashtra, India Converted to LLP

Last Updated: July 23, 2025

About Vascon Developers Private Limited

Vascon Developers Private Limited, a converted to llp private limited company, was established on 29 July 2009 in Vikhroli E, Maharashtra, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U70100MH2009PTC194423. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹47.80 Cr.

Formerly known as Amar Tara Hospitality Private Limited. It upholds a compliant status. Its leadership includes Somnath Biswas (Director), Shivaprakash Nair (Director). Past directors included Ramachandra Venkatasubba Rao, Amit Jaiswal, Bittianda Thimmaiah Pradhan Ganapathy. It holds no open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 24 August 2022, with the balance sheet filed on 31 March 2022. It is based at Shop No. 15/16, Hazari Baug Vikhroli Station Road, Vikhroli E, Maharashtra, 400083.

Company Details

CIN/LLPIN
U70100MH2009PTC194423
Registration Number
194423
Incorporation Date
29 July 2009
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹47.80 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Converted to LLP

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 23-07-2025
Paid Up Capital ₹ 47.80 Cr as on 23-07-2025
Company Age 16 Year, 7 Months
Last Filing with ROC 31 Mar 2022
Satisfied Charges ₹ 5.00 Cr as on 23-07-2025
Revenue Growth **** % (FY 2021)
Profit Growth **** 29.24% (FY 2021)
Ebitda **** 76.77% (FY 2021)
Net Worth -7.21% (FY 2021)
Total Assets -0.00% (FY 2021)

Comprehensive Company Insights

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

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Who are the key members and board of directors at Vascon Developers Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Somnath Biswas	Director	10 Feb 2022	Current
Shivaprakash Nair	Director	10 Feb 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 Mar 2019	Past
Pramod Abcsdd	Managing Director	10 Feb 2022	Past
Pramod Abcsdd	Director	01 Dec 2014	Past
Pramod Abcsdd	Additional Director	25 Sep 2017	Past
Pramod Abcsdd	Managing Director	25 Jan 2017	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past

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Financial Performance of Vascon Developers.

Vascon Developers Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 29.24% increase in profit. The company's net worth dipped by a decrease of 7.21%.

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

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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

********

*******

Revenue from Operations

*******

Total Assets

*******

-0.00%

*******

Profit or Loss

*******

29.24%

*******

Net Worth

*******

-7.21%

*******

EBITDA

*******

76.77%

*******

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What is the Ownership and Shareholding Structure of Vascon Developers?

In 2019, Vascon Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions

Baljees Hotels And Real Estates Private Limited : 5.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Dec 2010	Baljees Hotels And Real Estates Private Limited	₹5.00 Cr	Satisfied

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How Many Employees Work at Vascon Developers?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Vascon Developers

Recent Activity within the Organization

Annual General Meeting

The activity Vascon Developers Private Limited last Annual general meeting of members was held on 24 Aug 2022 as per latest MCA records. was completed.
24 Aug 2022
Director Appointment

The activity Lalitkumar Manoharlal Panpalia was appointed as a CFO(KMP) was appointed as a CFO(KMP) on 16 Jun 2022 & has been associated with this company since 3 years 9 months . was completed.
16 Jun 2022
Balance Sheet

The activity Vascon Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was completed.
31 Mar 2022
Director Appointment

Progress on Somnath Biswas was appointed as a Director was appointed as a Director on 10 Feb 2022 & has been associated with this company since 4 years 1 month . was documented.
10 Feb 2022
Director Appointment

The activity Shivaprakash Nair was appointed as a Director was appointed as a Director on 10 Feb 2022 & has been associated with this company since 4 years 1 month . was completed.
10 Feb 2022
Charges

A charge registered on 27 Dec 2010 via Charge ID 10261585 with Baljees Hotels And Real Estates Private Limited was fully satisfied on 06 Dec 2021. was recorded as a recent event.
06 Dec 2021

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