Vasundhara Merchant and Developers Private Limited
About Vasundhara Merchant and Developers Private Limited
Data last updated:
Vasundhara Merchant and Developers Private Limited is a private limited company based in Muzaffarpur, Bihar, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 01 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U51503BR2009PTC014644. Its GSTIN is 10AADCV0677J1ZF (Bihar).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Shashank Shekhar and Shyam Sundar Bhimseria.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bhimseria House Purani Gudri Road Po Rmna Ps Town, Muzaffarpur, Bihar, India – 842002.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.67 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹12.17 Lakh (net margin 0.4%) and EBITDA of ₹1.53 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹29.53 Cr and satisfied charges of ₹20.82 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vasundhara Merchant and Developers Private Limited's registered office is in Muzaffarpur, Bihar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBhimseria House Purani Gudri Road Po Rmna Ps Town, Muzaffarpur, Bihar, India – 842002
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Vasundhara Merchant and Developers 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 Vasundhara Merchant and Developers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vasundhara Merchant and Developers Private Limited, buy the company report.
Financials of Vasundhara Merchant and Developers Private Limited
FY 2024 filings availableVasundhara Merchant and Developers Private Limited reported revenue of ₹34.67 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 16% growth in the latest year. EBITDA rose 93% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.17 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Vasundhara Merchant and Developers Private Limited, buy the company report.
Board of directors of Vasundhara Merchant and Developers Private Limited
Vasundhara Merchant and Developers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Shekhar Also directs: Bhimseria Finance & Investment Limited, Devi Prasad Bhimseria Hospital Private Limited, Bhimseria Foods Limited and 1 more | Director | 01 Jul 2009 | 17 Years 4 Months | Current |
| Shyam Sundar Bhimseria Also directs: Bhimseria Finance & Investment Limited, Bhimseria Agro Private Limited, Pushpvatika Constructions Private Limited and 2 more | Director | 01 Jul 2009 | 17 Years 4 Months | Current |
| Rajo Devi | Director | 01 Jul 2009 | 17 Years 4 Months | Current |
Peer comparison
Vasundhara Merchant and Developers Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Builders and Developers, Food and Beverages Retail and Distribution, Real Estate Leasing), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhumiputra Milk Products Private Limited | ₹34.68 Cr (FY 2024) | -17.0% | Hyderabad, Telangana, India | |||
| Vasundhara Merchant and Developers Private Limitedthis company | ₹34.67 Cr (FY 2024) | ₹12.17 Lakh | 0.4% | 16.0% | Muzaffarpur, Bihar, India | |
| Chiara Agrofood Venture Limited | ₹34.66 Cr (FY 2024) | 109.0% | Ahmedabad, Gujarat, India | |||
| Ankur Salt Private Limited | ₹34.65 Cr (FY 2024) | -3.0% | Kolkata, West Bengal, India | |||
| Sai Om Beverages Private Limited | ₹34.64 Cr (FY 2025) | -86.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Vasundhara Merchant and Developers Private Limited, buy the company report.
Auditor
Vasundhara Merchant and Developers Private Limited is audited by R A S K & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A S K & CO. | FY 2023 | 018178C |
Shareholding
The shareholding of Vasundhara Merchant and Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vasundhara Merchant and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2024 | 100878170 | Axis Bank Limited | ₹3.6 Cr | Open | |
| 26 Dec 2023 | 100903122 | Idbi Bank Limited | ₹5 Cr | Open | |
| 03 Dec 2022 | 100655675 | Axis Bank Limited | ₹4.98 Cr | Open | |
| 12 Aug 2022 | 100643959 | Idbi Bank Limited | ₹1.95 Cr | Open | |
| 08 Feb 2022 | 100538640 | Others | ₹14 Cr | Open |
To see the full charge records of Vasundhara Merchant and Developers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Vasundhara Merchant and Developers 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 Vasundhara Merchant and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vasundhara Merchant and Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AADCV0677J1ZF | Bihar | Active | 27 Mar 2018 |
To see the full GST registrations and return filing status of Vasundhara Merchant and Developers Private Limited, buy the company report.
Recent activity
Vasundhara Merchant and Developers Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Rajo Devi was appointed as Director on 01 Jul 2009.
9 earlier events are in the company report.
Frequently asked questions
Vasundhara Merchant and Developers is an active private limited company based in Muzaffarpur, Bihar, India. The company works in real estate financing, within the financial services industry. It was incorporated on 01 July 2009 (17+ years old) and is registered under CIN U51503BR2009PTC014644.
Vasundhara Merchant and Developers has 3 current directors:
- Shashank Shekhar - Director
- Shyam Sundar Bhimseria - Director
- Rajo Devi - Director
The latest financial statements of Vasundhara Merchant and Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vasundhara Merchant and Developers is 10AADCV0677J1ZF, registered in Bihar.
The CIN (Corporate Identification Number) of Vasundhara Merchant and Developers is U51503BR2009PTC014644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasundhara Merchant and Developers was incorporated on 01 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Vasundhara Merchant and Developers by revenue are Bhumiputra Milk Products Private Limited, Chiara Agrofood Venture Limited, Ankur Salt Private Limited, Sai Om Beverages Private Limited, all in the BFSI industry (Builders and Developers, Food and Beverages Retail and Distribution, Real Estate Leasing), with the same principal business activity (wholesale trading).
Rajo Devi was appointed as Director on 01 Jul 2009. Shashank Shekhar was appointed as Director on 01 Jul 2009. Shyam Sundar Bhimseria was appointed as Director on 01 Jul 2009.
The registered office of Vasundhara Merchant and Developers is at Bhimseria House Purani Gudri Road Po Rmna Ps Town, Muzaffarpur, Bihar, India – 842002.
Vasundhara Merchant and Developers operates in the financial services industry, in the real estate financing segment.
Vasundhara Merchant and Developers has open charges of ₹29.53 Cr and satisfied charges of ₹20.82 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
