Vardhman Developers Limited - Company overview

Vardhman Developers Limited is an active public limited company registered with ROC Mumbai on 31 May 1990, more than 36 years ago.

1990-05-31 Mumbai., Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹25–50 Cr
▲ 0.7%
FY 2023
PROFIT / LOSS
₹50 Lakh–1 Cr
▲ 63.4%
FY 2023
EBITDA
₹1–5 Cr
▲ 70.9%
FY 2023
NET WORTH
₹50–100 Cr
▲ 1.1%
FY 2023
TOTAL ASSETS
₹100–500 Cr
▲ 10.9%
FY 2023
EMPLOYEE COUNT
1–10
OPEN CHARGES
3
336.27 cr
PAID-UP CAPITAL
3.45 cr
AUTHORISED CAPITAL
5.00 cr
COMPANY AGE
36 Years 5 Months
since 1990-05-31
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
1
Updated: 2025-06-23 12:03:28
TOTAL MONEY RAISED
₹50–100 Cr
SATISFIED CHARGES
7
67.05 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Vardhman Developers Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
72/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (55), financial health (70), director (90) and company-foundation signals.
  • Operating for 36+ years.
Compliance Score Moderate
55/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Moderate
70/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 4 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Vardhman Developers Limited Company identity, industry, contact, and registration details from MCA and company records.

Vardhman Developers Limited is an active public limited company registered with ROC Mumbai on 31 May 1990, more than 36 years ago. Its registered office is at 113, Commerce House, 140, Nagindas Master Rd, Fort, Mumbai., Maharashtra. It was earlier known as Vardhman Developers Private Limited.

Its filings describe the main line of business as buildings, which made up 100% of turnover.

It has four directors: Rajesh Babulal Vardhan, Ramesh Babulal Vardhan, Saroj Bhanji Rathod and Shailesh Jogani. The longest-serving is Rajesh Babulal Vardhan, on the board since 1990; the most recent to join is Shailesh Jogani, appointed in September 2023. Nine former directors are on record; the most recent to leave was Aditi Rajesh Vardhan in June 2025. Between them, the directors also sit on the boards of 25 other companies, including Vardhman Concrete Limited and Bluestock Investments Private Limited.

Paid-up capital stands at ₹3.45 crore out of ₹5 crore authorised. The last AGM on record was on 30 September 2024, for accounts made up to 31 March 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. Three charges (secured loans) are still open, with Hdfc Bank Limited among the lenders, and seven more have been paid off.

Real Estate and Construction ••••••••
  • Location 113, Commerce House, 140,Nagindas Master Rd, Fort,, Mumbai., Maharashtra - 400023
  • Website vardhmandevelopers.co.in
Name History
Legal NameVardhman Developers Limited
CIN / LLPINU70102MH1990PLC056704
Company No.056704
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1990-05-31
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Vardhman Developers Limited (4) Current board members from MCA filings, including designation and appointment details.

R
Rajesh Babulal Vardhan
Whole-time director | Since 1990-05-31 | DIN: 00199986
R
Ramesh Babulal Vardhan
Whole-time director | Since 2009-09-01 | DIN: 00207488
S
Saroj Bhanji Rathod
Director | Since 2023-05-31 | DIN: 09718657
S
Shailesh Jogani
Director | Since 2023-09-30 | DIN: 06644699

Financial Performance of Vardhman Developers Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹25–50 Cr ▲ 0.7%
P&L ₹50 Lakh–1 Cr ▲ 63.4%
EBITDA ₹1–5 Cr ▲ 70.9%
Net worth ₹50–100 Cr ▲ 1.1%

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Verified entity values are shown only after access is granted.

Charges of Vardhman Developers Limited Open and satisfied charges registered against the company with MCA.

Others : 31.05 cr
Hdfc Bank Limited : 73.30 Lakh
Open Charges: 3 Satisfied Charges: 7
Open 336.27 cr
Satisfied 67.05 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 29 Oct 2022
 73.30 Lakh Open
Others
Creation Date: 09 Oct 2020
 84.80 Lakh Closed
Others
Creation Date: 21 May 2020
 8.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ConstructionBuildings100

Companies With Common Directors Of Vardhman Developers Limited Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Vardhman Concrete Limited 3 Shared Directors
Bluestock Investments Private Limited 2 Shared Directors
Enso Holdings & Finance Private Limited 2 Shared Directors
Flower Boom Builders Private Limited 2 Shared Directors
Indelible Holdings Private Limited 2 Shared Directors
Indelible Realtors Private Limited 2 Shared Directors
Vardhan Capital And Finance Limited 2 Shared Directors
Vardhman Entertainment & Hospitality Private Limited 2 Shared Directors
Vardhman Group Realbuild Llp 2 Shared Directors
Vardhman Home Developers Private Limited 2 Shared Directors
Vardhman Lifestyle Buildcon Llp 2 Shared Directors
Vardhman Realdev Llp 2 Shared Directors
Vardhman Residency Private Limited 2 Shared Directors
Asia House Builders And Developers Llp 1 Shared Director
Diwali Developers Private Limited 1 Shared Director
Hardcastle Waud And Company Limited 1 Shared Director
Padmaja Developers Private Limited 1 Shared Director
Shilpkar Developers Private Limited 1 Shared Director
Stork Developers Private Limited 1 Shared Director
The Association Of The Commerce House Block Owners Limited 1 Shared Director
Vardhman Growmore Developers Private Limited 1 Shared Director
Vardhman Legacy Landmark Private Limited 1 Shared Director
Vardhman Luxe Private Limited 1 Shared Director
Vardhman V21 Developer Private Limited 1 Shared Director
Vibhuti Construction Private Limited 1 Shared Director

Financial Ratios of Vardhman Developers Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Vardhman Developers Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Vardhman Developers Limited EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Vardhman Developers Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Vardhman Developers Limited Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Vardhman Developers Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Vardhman Developers Limited Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

2 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Vardhman Developers Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Vardhman Developers Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Vardhman Developers Limited?
MCA does not publish an "owner" field. Vardhman Developers Limited is run by its directors, Rajesh Babulal Vardhan, Ramesh Babulal Vardhan, Saroj Bhanji Rathod and one other. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Vardhman Developers Limited?
Vardhman Developers Limited has four current directors: Rajesh Babulal Vardhan (since May 1990), Ramesh Babulal Vardhan (since September 2009), Saroj Bhanji Rathod (since May 2023) and Shailesh Jogani (since September 2023).
What is CIN of Vardhman Developers Limited?
The CIN of Vardhman Developers Limited is U70102MH1990PLC056704. Reading it left to right: U means it is not listed, 70102 is the industry code it registered under, MH is Maharashtra, 1990 is the year it was registered, PLC is the company type and 056704 is its registration number.
When was Vardhman Developers Limited incorporated?
Vardhman Developers Limited was incorporated on 31 May 1990 with ROC Mumbai. That makes it more than 36 years old.
What is the registered address of Vardhman Developers Limited?
The registered office on MCA records is 113, Commerce House, 140, Nagindas Master Rd, Fort, Mumbai., Maharashtra - 400023.
What is the current status of Vardhman Developers Limited?
MCA shows Vardhman Developers Limited as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Vardhman Developers Limited?
You can post to its registered office at 113, Commerce House, 140, Nagindas Master Rd, Fort, Mumbai., Maharashtra - 400023 and use its website, https://vardhmandevelopers.co.in.
What industry or business activity is Vardhman Developers Limited associated with?
Its MCA filings list the main business as buildings (100% of turnover).
What is paid-up capital and authorised share capital of Vardhman Developers Limited?
Paid-up capital is ₹3.45 crore and authorised capital is ₹5 crore, so about 69% of the authorised amount has been issued.
When did Vardhman Developers Limited last file accounts and hold an AGM?
The last AGM on record was on 30 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Vardhman Developers Limited?
Three charges against Vardhman Developers Limited are still open and seven have been satisfied. Lenders named in the filings include Hdfc Bank Limited.
Have any directors left Vardhman Developers Limited?
Yes, nine former directors are on record. The most recent to leave were Aditi Rajesh Vardhan (June 2025), Vishal Ramesh Vardhan (June 2025) and Basantraj Prithviraj Bohra (May 2023).
Which companies share directors with Vardhman Developers Limited?
25 companies share directors with Vardhman Developers Limited. Among them are Vardhman Concrete Limited, Bluestock Investments Private Limited, Enso Holdings & Finance Private Limited and 22 more.
What is the turnover or revenue of Vardhman Developers Limited?
Based on filed financial statements, the revenue of Vardhman Developers Limited for FY 2023 was in the ₹25–50 Cr range. That is up 0.7% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Vardhman Developers Limited?
For FY 2023, the net worth of Vardhman Developers Limited was in the ₹50–100 Cr range.
How can I get the financial details of Vardhman Developers Limited?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Vardhman Developers Limited?
The website on record for Vardhman Developers Limited is https://vardhmandevelopers.co.in.
Which company owns vardhmandevelopers.co.in?
vardhmandevelopers.co.in is the website listed for Vardhman Developers Limited in its company records.
Vardhman Developers Limited - is it listed or unlisted?
Vardhman Developers Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Vardhman Developers Limited?
Vardhman Developers Limited is registered with ROC Mumbai.
What is the company classification of Vardhman Developers Limited?
MCA classifies Vardhman Developers Limited as: Public Limited Indian Non-Government Company.
Does Vardhman Developers Limited have subsidiaries?
Yes, 2 subsidiaries are on record for Vardhman Developers Limited.
Does Vardhman Developers Limited have GST registrations on file?
Yes, one active GST registration is linked to Vardhman Developers Limited.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.