VRM (India) Limited
About VRM (India) Limited
Data last updated:
VRM (India) Limited is a public limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL1996PLC080173.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.59 Lakh. It is led by directors including Surendra Kumar Mittal and Rishabh Mittal.
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 B – 33 Defence Colony, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.19 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹25,580 (net margin 21.6%) and EBITDA of ₹34,919 (EBITDA margin 29.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
Court records list 11 cases involving the company, including 4 filed by the company and 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
VRM (India) Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 33 Defence Colony, New Delhi, Delhi, India – 110024
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of VRM (India) 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 VRM (India) 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 VRM (India) Limited, buy the company report.
Financials of VRM (India) Limited
FY 2025 filings availableVRM (India) Limited reported revenue of ₹1.19 Lakh (up 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 53% growth in the latest year. EBITDA rose 45% 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 |
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| EBITDA | ₹34,919 | ||||
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| Net Profit (PAT) | ₹25,580 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 29.4% | ||||
| Net Profit Margin | 21.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of VRM (India) Limited, buy the company report.
Board of directors of VRM (India) Limited
VRM (India) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kumar Mittal Also directs: Villayati Ram Mittal Pvt Ltd, Jaidev Jit Engineering Works Private Ltd, S V G Construction Private Limited and 5 more | Director | 08 Jul 1996 | 30 Years 3 Months | Current |
| Rishabh Mittal Also directs: Villayati Ram Mittal Pvt Ltd | Director | 21 Apr 2025 | 1 Years 6 Months | Current |
| Inder Pal Mittal Also directs: Anjani Telematics Infrastructure Solution Private Limited, CMW India Limited, Mittal Holidays Private Limited and 5 more | Director | 08 Jul 1996 | 30 Years 3 Months | Current |
Auditor
VRM (India) Limited is audited by ASHOK RAMESHWAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK RAMESHWAR & CO. | FY 2023 | 021459N |
Shareholding
The shareholding of VRM (India) 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 VRM (India) Limited, buy the company report.
Legal cases
VRM (India) Limited has 11 court cases on record: 4 filed by VRM (India), 7 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 4 | 1 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by The Delhi Development Authority | Pending |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Delhi Development Authority | Disposed |
| Supreme Court | Court case (0318-Direct Taxes Matter : Deductions/exemptions) | Filed against the company by Commissioner of Income Tax-Vi C.R. Building, I.P. Estate, New Delhi , , Delhi | Disposed |
| Supreme Court | Court case (0318-Direct Taxes Matter : Deductions/exemptions) | Filed against the company by Commissioner of Income Tax-Vi C.R. Building, I.P. Building , District: New Delhig ,New Delhi , Delhi | Disposed |
| Supreme Court | Court case (0318-Direct Taxes Matter : Deductions/exemptions) | Filed against the company by Commissioner of Income Tax-Vi Commissioner Commissioner C.R Building I.P Estate Dlehi , District: Delhi , , Delhi | Disposed |
To see the full case history of VRM (India) 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 VRM (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for VRM (India) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
VRM (India) Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Rishabh Mittal ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
VRM (India) is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 July 1996 (30+ years old) and is registered under CIN U45200DL1996PLC080173.
VRM (India) has 3 current directors:
- Surendra Kumar Mittal - Director
- Rishabh Mittal - Director
- Inder Pal Mittal - Director
The latest financial statements of VRM (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of VRM (India) is U45200DL1996PLC080173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VRM (India) has 11 court cases on record: 4 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.
VRM (India) was incorporated on 08 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Rishabh Mittal ceased to be Additional Director on 29 Sep 2025. Narinder Kumar Mittal ceased to be Director on 21 Apr 2025. Rishabh Mittal was appointed as Director on 21 Apr 2025. VRM (India) has 7 board changes on record in total.
The registered office of VRM (India) is at B – 33 Defence Colony, New Delhi, Delhi, India – 110024.
VRM (India) operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of VRM (India) is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.
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