Vaspar Eco Solutions Private Limited
About Vaspar Eco Solutions Private Limited
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Vaspar Eco Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36993KA2009PTC051631. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Madipakam Parasuram Narendra and Roopa Narendra.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at No. 14 2nd Floor Pushparang Cornwell Cross Road Langford Gardens, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2015, the company reported a revenue of ₹65.89 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹24.12 Lakh (net margin -36.6%) and EBITDA of ₹26.75 Lakh (EBITDA margin 40.6%).
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Vaspar Eco Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressNo. 14 2nd Floor Pushparang Cornwell Cross Road Langford Gardens, Bangalore, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vaspar Eco Solutions 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 Vaspar Eco Solutions is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Vaspar Eco Solutions Private Limited, buy the company report.
Financials of Vaspar Eco Solutions Private Limited
FY 2015 filings availableVaspar Eco Solutions Private Limited reported revenue of ₹65.89 Lakh (up 25% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year. EBITDA rose 131% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹65.89 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹26.75 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹24.12 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 40.6% |
| Net Profit Margin | -36.6% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Vaspar Eco Solutions Private Limited, buy the company report.
Board of directors of Vaspar Eco Solutions Private Limited
Vaspar Eco Solutions 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 |
|---|---|---|---|---|
| Madipakam Parasuram Narendra Also directs: Structural Integrated Panels Private Limited, Vaspar Foundation | Director | 26 Nov 2009 | 16 Years 10 Months | Current |
| Roopa Narendra | Additional Director | 19 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Vaspar Eco Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Patli Infrastructure Private Limited | ₹65.9 Lakh (FY 2024) | Patna, Bihar, India | ||||
| Vaspar Eco Solutions Private Limitedthis company | ₹65.89 Lakh (FY 2015) | -₹24.12 Lakh | -36.6% | 25.0% | Bangalore, Karnataka, India | |
| Pentagon Residency Private Limited | ₹65.86 Lakh (FY 2021) | -75.0% | Bhubaneswar, Odisha, India | |||
| Devdatham Builders & Developers Private Limited | ₹65.78 Lakh (FY 2025) | -40.0% | Thrissur, Kerala, India |
To see the full peer comparison of Vaspar Eco Solutions Private Limited, buy the company report.
Auditor
Vaspar Eco Solutions Private Limited is audited by S S B & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S B & ASSOCIATES | FY 2015 | 010372S |
Shareholding
The shareholding of Vaspar Eco Solutions Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vaspar Eco Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2010 | 10219663 | Canara Bank | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Vaspar Eco Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Reg Dkst) | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Vaspar Eco Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vaspar Eco Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaspar Eco Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vaspar Eco Solutions Private Limited, buy the company report.
Recent activity
Vaspar Eco Solutions Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Manavi Narendra ceased to be Director on 21 Jun 2018.
Frequently asked questions
Vaspar Eco Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 November 2009 (17+ years old) and is registered under CIN U36993KA2009PTC051631.
Vaspar Eco Solutions has 2 current directors:
- Madipakam Parasuram Narendra - Director
- Roopa Narendra - Additional Director
The latest financial statements of Vaspar Eco Solutions on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Vaspar Eco Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vaspar Eco Solutions is U36993KA2009PTC051631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaspar Eco Solutions has 2 court cases on record: 2 filed against it.
Vaspar Eco Solutions was incorporated on 26 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vaspar Eco Solutions by revenue are Patli Infrastructure Private Limited, Pentagon Residency Private Limited, Devdatham Builders & Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Manavi Narendra ceased to be Director on 21 Jun 2018. Roopa Narendra was appointed as Additional Director on 19 Jun 2018. Nikhil Narendra ceased to be Additional Director on 30 Sep 2014. Vaspar Eco Solutions has 6 board changes on record in total.
The registered office of Vaspar Eco Solutions is at No. 14 2nd Floor Pushparang Cornwell Cross Road Langford Gardens, Bangalore, Karnataka, India – 560025.
Vaspar Eco Solutions operates in the real estate and construction industry, in the real estate builders and developers segment.