Vimal Promoters & Developers Private Limited
About Vimal Promoters & Developers Private Limited
Data last updated:
Vimal Promoters & Developers Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 18 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2011PTC057717. Its GSTIN is 29AADCV8980A1Z1 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kiran Jadhav and Nitin Bhatkande.
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 Vimal Plaza Cts No. 4710 New Goodshed Road, Belgaum, Karnataka, India – 590002.
As per the financials filed for FY 2025, the company reported a revenue of ₹40 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.08 Lakh (net margin 10.2%) and EBITDA of ₹4.08 Lakh (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressVimal Plaza Cts No. 4710 New Goodshed Road, Belgaum, Karnataka, India – 590002
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Business Activity of Vimal Promoters & Developers Private Limited
The main business activity of Vimal Promoters & Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vimal Promoters & Developers Private Limited FY 2025 filings available
Vimal Promoters & Developers Private Limited reported revenue of ₹40 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vimal Promoters & Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 2% fall in the latest year. EBITDA rose 221% 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 of Vimal Promoters & Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.08 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 of Vimal Promoters & Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vimal Promoters & Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vimal Promoters & Developers Private Limited
Vimal Promoters & Developers Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saanwi Housing Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Avkon Engineers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Celer Spacebuild Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Haini Engineering Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Vimal Promoters & Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| Concept Commercial Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Gap Buildwell Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| SG Takshila Enterprises Company Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| GMV Terraventures Private Limited | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Bimpact Designs Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Noida Promoters and Developers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Vimal Promoters & Developers by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Vimal Promoters & Developers Private Limited
Vimal Promoters & Developers Private Limited is audited by Paranjape Phadnis and Co for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Paranjape Phadnis and Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vimal Promoters & Developers Private Limited
Vimal Promoters & Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Jadhav | Director | 18 Mar 2011 | 15 Years 6 Months | Current |
| Nitin Bhatkande | Director | 18 Mar 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of Vimal Promoters & Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vimal Promoters & Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Aug 2012 | Karur Vysya Bank Ltd | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Vimal Promoters & Developers Private Limited
Vimal Promoters & Developers Private Limited has 4 court cases on record: 2 filed by Vimal Promoters & Developers, 2 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Appeal | Filed against the company by Shri Saraswati Co-Op Credit Society Ltd | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Assessment Unit Income Tax Dept | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Shri. Saraswati Co-Op Credit Society Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Income Tax Officer | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vimal Promoters & Developers Private Limited
Employment history and EPFO contributions of people linked to Vimal Promoters & Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vimal Promoters & Developers Private Limited
Vimal Promoters & Developers Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Kiran Jadhav was appointed as Director on 18 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for Vimal Promoters & Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vimal Promoters & Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vimal Promoters & Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vimal Promoters & Developers Private Limited
Vimal Promoters & Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCV8980A1Z1 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vimal Promoters & Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vimal Promoters & Developers Private Limited
Vimal Promoters & Developers is an active private limited company based in Belgaum, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 18 March 2011 (15+ years old) and is registered under CIN U45209KA2011PTC057717.
Vimal Promoters & Developers reported revenue of ₹40 Lakh for FY 2025 (down 2% YoY).
Vimal Promoters & Developers has 2 current directors:
- Kiran Jadhav - Director
- Nitin Bhatkande - Director
Vimal Promoters & Developers reported a net profit of ₹4.08 Lakh (net margin 10.2%) and EBITDA of ₹4.08 Lakh (EBITDA margin 10.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vimal Promoters & Developers is -53% over three years and -35% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vimal Promoters & Developers is 29AADCV8980A1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Vimal Promoters & Developers is U45209KA2011PTC057717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vimal Promoters & Developers has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Vimal Promoters & Developers was incorporated on 18 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vimal Promoters & Developers by revenue are Saanwi Housing Private Limited, Avkon Engineers Private Limited, Celer Spacebuild Private Limited, Haini Engineering Solutions Private Limited, Concept Commercial Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Kiran Jadhav was appointed as Director on 18 Mar 2011. Nitin Bhatkande was appointed as Director on 18 Mar 2011.