About Vestian Global Work Place Services Private Limited
Data last updated:
Vestian Global Work Place Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Vestian Real Estate (Mauritius). It operates in the real estate brokerage and services segment of the real estate and construction sector. It was incorporated on 11 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2010FTC052467. Its GSTIN is 29AADCV2193D1ZA (Karnataka). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.77 Cr. It is led by directors Michael Leonard Silver and Shrinivas Rao.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at First Floor Duparc Trinity No. 17 M. G. Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹773.68 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹23.39 Cr (net margin 3%) and EBITDA of ₹58.94 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 25% over five years.
The company has about 3,486 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vestian. As per MCA filings, the company has open charges of ₹791.42 Cr and satisfied charges of ₹36 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.54 Cr; the latest was in January 2022. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,109 overdue payments to 86 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vestianglobal.com.
Company details
Contact details
Vestian Global Work Place Services Private Limited's registered office is in Bangalore, Karnataka. Its website is vestianglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor Duparc Trinity No. 17 M. G. Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Brokerage & Services
To see the full contact details of Vestian Global Work Place Services 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
Brands
Vestian Global Work Place Services operates one associated brand: Vestian. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Vestian is recognized for providing end-to-end real estate solutions globally. | vestian.com |
Business activity
The main business activity of Vestian Global Work Place Services is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Vestian Global Work Place Services Private Limited, buy the company report.
Financials of Vestian Global Work Place Services Private Limited
FY 2024 filings availableVestian Global Work Place Services Private Limited reported revenue of ₹773.68 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 14% growth in the latest year. EBITDA rose 83% 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 | ₹58.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.39 Cr | ||||
| 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 | 7.6% | ||||
| Net Profit Margin | 3% | ||||
| 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 Vestian Global Work Place Services Private Limited, buy the company report.
Board of directors of Vestian Global Work Place Services Private Limited
Vestian Global Work Place Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael Leonard Silver | Director | 11 Feb 2010 | 16 Years 8 Months | Current |
| Shrinivas Rao | Director | 29 Jun 2011 | 15 Years 4 Months | Current |
Auditor
Vestian Global Work Place Services Private Limited is audited by K P M S & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P M S & Associates | FY 2023 | 012090S |
Shareholding
The shareholding of Vestian Global Work Place Services 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vestian Global Work Place Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2025 | 101200751 | Others | ₹50 Cr | Open | |
| 07 Oct 2025 | 101166699 | Others | ₹65 Cr | Open | |
| 24 Sep 2025 | 101179678 | Others | ₹100 Cr | Open | |
| 28 May 2025 | 101164887 | Others | ₹1.82 Cr | Open | |
| 02 Sep 2024 | 100967827 | Others | ₹60 Cr | Open |
To see the full charge records of Vestian Global Work Place Services Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Vestian Global Work Place Services Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.54 Cr; the latest was in January 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹2.54 Cr | Investors: Vestian Real Estate Group LLC, Vestian Real Estate Advisors LLC |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vestian Global Work Place Services Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed against the company by Interfaceflor India Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Olympia Grande Apartment Owners Welfare Association | Pending |
To see the full case history of Vestian Global Work Place Services 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
Vestian Global Work Place Services Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,109 overdue payments to 86 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 86)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Orient Fire Curtains India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Made 2 Measures Private Limited |
To see the full MSME payment records of Vestian Global Work Place Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vestian Global Work Place Services Private Limited has a workforce of 3,486 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Vestian Global Work Place Services has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCV2193D1ZA | Karnataka | Active | 01 Jul 2017 |
| 06AADCV2193D1ZI | Haryana | Active | 01 Jul 2017 |
| 19AADCV2193D1ZB | West Bengal | Active | 01 Jul 2017 |
| 27AADCV2193D1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vestian Global Work Place Services Private Limited, buy the company report.
Recent activity
Vestian Global Work Place Services Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Patrick Michael Lindemann ceased to be Director on 18 Feb 2014.
12 earlier events are in the company report.
News
Frequently asked questions
Vestian Global Work Place Services is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 11 February 2010 (16+ years old) and is registered under CIN U70102KA2010FTC052467.
Vestian Global Work Place Services has 2 current directors:
- Michael Leonard Silver - Director
- Shrinivas Rao - Director
The latest financial statements of Vestian Global Work Place Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vestian Global Work Place Services is 29AADCV2193D1ZA, registered in Karnataka. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 06AADCV2193D1ZI (Haryana), 19AADCV2193D1ZB (West Bengal), 27AADCV2193D1ZE (Maharashtra).
The CIN (Corporate Identification Number) of Vestian Global Work Place Services is U70102KA2010FTC052467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vestian Global Work Place Services has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Vestian Global Work Place Services was incorporated on 11 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Vestian Global Work Place Services has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.54 Cr; the latest was in January 2022.
Patrick Michael Lindemann ceased to be Director on 18 Feb 2014. Shrinivas Rao ceased to be Additional Director on 05 Aug 2011. Shrinivas Rao was appointed as Director on 29 Jun 2011. Vestian Global Work Place Services has 4 board changes on record in total.
Vestian Global Work Place Services has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,109 overdue payments to 86 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Vestian Global Work Place Services can be reached through the website vestianglobal.com. Its registered office is in Bangalore, Karnataka, India.
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.
