Vital Developers Private Limited
About Vital Developers Private Limited
Data last updated:
Vital Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC153984. Its GSTIN is 27AACCV1700F1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Karamshi Kanji Patel and Jatin Kishorechandra Mehta.
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 402 – 407 Traffic Lite M. G. Road Ghatkopar (W), Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.07 Cr, a growth of 132% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Cr (net margin 5.4%) and EBITDA of ₹1.16 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 15% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹67.56 Cr and satisfied charges of ₹16 Cr on record. Court records list 18 cases involving the company, including 4 filed by the company and 10 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- TelephoneLocked
- WebsiteLocked
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- Registered Address402 – 407 Traffic Lite M. G. Road Ghatkopar (W), Mumbai, Maharashtra, India – 400086
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Vital Developers Private Limited
The main business activity of Vital Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | 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 Vital Developers Private Limited FY 2025 filings available
Vital Developers Private Limited reported revenue of ₹23.07 Cr (up 132% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vital Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 132% growth in the latest year. EBITDA fell 100% 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 Vital 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 | ₹1.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.25 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 of Vital Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Vital 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 Vital Developers Private Limited
Vital Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paharpur Builders Private Limited | ₹23.1 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Kolkata, West Bengal, India |
| Oorjita Projects Private Limited | ₹23.09 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Hyderabad, Telangana, India |
| Milestone Aluminium Company Private Limited | ₹23.09 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Raghu Developers Private Limited | ₹23.08 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Vidisha, Madhya Pradesh, India |
| Vedass Global Infrastructure & Projects Private Limited | ₹23.07 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | Chennai, Tamil Nadu, India |
| Vital Developers Private Limited this company | ₹23.07 Cr (FY 2025) | •••• | •••• | 132.0% | •••• | Mumbai, Maharashtra, India |
| Sree Suryodaya Industries Private Limited | ₹23.07 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mysore, Karnataka, India |
| Coral Structural Solutions Private Limited (Renewal) | ₹23.06 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Bangalore, Karnataka, India |
| Sivasankar Real Assets Private Limited | ₹23.03 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Chennai, Tamil Nadu, India |
| Kadavanthara Builders Private Limited | ₹23.03 Cr (FY 2025) | •••• | •••• | 475.0% | •••• | Ahmedabad, Gujarat, India |
| Sri Nakoda Construction Limited | ₹23.02 Cr (FY 2024) | •••• | •••• | -77.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Vital Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vital Developers Private Limited
Vital Developers Private Limited is audited by Singh Agrawal & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Singh Agrawal & Associates | 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 Vital Developers Private Limited
Vital Developers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karamshi Kanji Patel | Director | 15 Jun 2005 | 21 Years 3 Months | Current |
| Jatin Kishorechandra Mehta | Director | 15 Jun 2005 | 21 Years 3 Months | Current |
| Jayesh Champaklal Mehta Also directs: Veera Infraheights Private Limited | Director | 15 Jun 2005 | 21 Years 3 Months | Current |
Ownership and Shareholding of Vital 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 Vital Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2021 | Others | ₹7.56 Cr | Open |
| 23 Mar 2017 | Others | ₹54 Cr | Open |
| 07 Oct 2016 | Others | ₹6 Cr | Open |
| 29 Sep 2022 | Others | ₹10 Cr | Satisfied |
| 24 May 2021 | Others | ₹6 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Vital Developers Private Limited
Vital Developers Private Limited has 18 court cases on record: 4 filed by Vital Developers, 10 filed against it, 4 where it is another party. 2 cases are pending and 16 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 0 |
| High courts | 6 | 0 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Edelweiss Finvest Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Company is another party | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| Bombay High Court | Appeal | Filed by the company against an individual | Disposed |
Full case history
All 18 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 Vital Developers Private Limited
Vital Developers Private Limited has a workforce of 12 employees as of Sep 25, 2025.
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 Vital Developers Private Limited
Vital Developers Private Limited has 7 board changes on record since 2005: 5 appointments and 2 cessations. The latest: Kishor Pranjivan Mehta ceased to be Director on 03 Apr 2022.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vital 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 Vital 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 Vital 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 Vital Developers Private Limited
Vital Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV1700F1ZS | Maharashtra | 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 Vital 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 Vital Developers Private Limited
Vital Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 June 2005 (21+ years old) and is registered under CIN U45200MH2005PTC153984.
Vital Developers reported revenue of ₹23.07 Cr for FY 2025 (up 132% YoY).
Vital Developers has 3 current directors:
- Karamshi Kanji Patel - Director
- Jatin Kishorechandra Mehta - Director
- Jayesh Champaklal Mehta - Director
Vital Developers reported a net profit of ₹1.25 Cr (net margin 5.4%) and EBITDA of ₹1.16 Lakh (EBITDA margin 0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vital Developers is -2% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 132%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vital Developers is 27AACCV1700F1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vital Developers is U45200MH2005PTC153984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vital Developers has 18 court cases on record: 4 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.
Vital Developers was incorporated on 15 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vital Developers by revenue are Paharpur Builders Private Limited, Oorjita Projects Private Limited, Milestone Aluminium Company Private Limited, Raghu Developers Private Limited, Vedass Global Infrastructure & Projects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Kishor Pranjivan Mehta ceased to be Director on 03 Apr 2022. Rajesh Mehta ceased to be Director on 01 Mar 2017. Jatin Kishorechandra Mehta was appointed as Director on 15 Jun 2005. Vital Developers has 7 board changes on record in total.