
Vruddhi Home Finance Development Private Limited
About Vruddhi Home Finance Development Private Limited
Data last updated:
Vruddhi Home Finance Development Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the housing finance companies segment of the financial services sector. It was incorporated on 12 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65990GJ2017PTC097828.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Dhruvin Pareshbhai Shah and Heena Snehal Shah.
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 302 Vaibhav Flats 39 Arunodaya Society Alkapuri, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.54 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Lakh (net margin 14.4%) and EBITDA of -₹6.38 Lakh (EBITDA margin -74.8%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Vruddhi Home Finance Development Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address302 Vaibhav Flats 39 Arunodaya Society Alkapuri, Vadodara, Gujarat, India – 390007
- IndustryFinancial Services, Housing Finance Companies
To see the full contact details of Vruddhi Home Finance Development 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
Financials of Vruddhi Home Finance Development Private Limited
FY 2024 filings availableVruddhi Home Finance Development Private Limited reported revenue of ₹8.54 Lakh (down 34% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹8.54 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹6.38 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.23 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -74.8% | ||
| Net Profit Margin | 14.4% | ||
| 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 Vruddhi Home Finance Development Private Limited, buy the company report.
Board of directors of Vruddhi Home Finance Development Private Limited
Vruddhi Home Finance Development has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruvin Pareshbhai Shah Also directs: Datstop Hospitality Private Limited | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
| Heena Snehal Shah | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Vruddhi Home Finance Development 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 Vruddhi Home Finance Development Private 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 Vruddhi Home Finance Development Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vruddhi Home Finance Development Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Dhruvin Pareshbhai Shah was appointed as Director on 12 Jun 2017.
Frequently asked questions
Vruddhi Home Finance Development is an active private limited company based in Vadodara, Gujarat, India. The company works in housing finance companies, within the financial services industry. It was incorporated on 12 June 2017 (9+ years old) and is registered under CIN U65990GJ2017PTC097828.
Vruddhi Home Finance Development has 2 current directors:
- Dhruvin Pareshbhai Shah - Director
- Heena Snehal Shah - Director
The latest financial statements of Vruddhi Home Finance Development 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Vruddhi Home Finance Development is U65990GJ2017PTC097828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vruddhi Home Finance Development was incorporated on 12 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhruvin Pareshbhai Shah was appointed as Director on 12 Jun 2017. Heena Snehal Shah was appointed as Director on 12 Jun 2017.
The registered office of Vruddhi Home Finance Development is at 302 Vaibhav Flats 39 Arunodaya Society Alkapuri, Vadodara, Gujarat, India – 390007.
Vruddhi Home Finance Development operates in the financial services industry, in the housing finance companies segment.
The compliance status of Vruddhi Home Finance Development is active non-compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.
Vruddhi Home Finance Development can be reached at its registered office: 302 Vaibhav Flats 39 Arunodaya Society Alkapuri, Vadodara, Gujarat, India – 390007.

