Almet Corporation Limited - Company overview

Vascon is an active public limited company registered with ROC Mumbai I on 8 July 1960, more than 66 years ago.

1960-07-08 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
₹1–10 Lakh
▼ -51.3%
FY 2022
PROFIT / LOSS
Loss · ₹10–50 Lakh
▲ 87.0%
FY 2022
EBITDA
Loss · ₹1–10 Lakh
▲ 93.9%
FY 2022
NET WORTH
₹1–5 Cr
▼ -4.2%
FY 2022
TOTAL ASSETS
₹1–5 Cr
▼ -23.3%
FY 2022
OPEN CHARGES
1
-
PAID-UP CAPITAL
58.82 Lakh
AUTHORISED CAPITAL
1.00 cr
COMPANY AGE
66 Years 4 Months
since 1960-07-08
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
-
Updated: 2025-01-01 12:01:58
SATISFIED CHARGES
2
218.00 cr

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

Health scores for Vascon 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
57/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (68), financial health (30), director (55) and company-foundation signals.
  • Operating for 66+ years.
Compliance Score Moderate
68/100
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 High risk
30/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2022.
  • Positive net worth.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 4 directors on the board.
  • Director RAJU MANSING RATHOD has DIN status "Deactivated due to non-filing of DIR-3 KYC".
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 Vascon Company identity, industry, contact, and registration details from MCA and company records.

Vascon is an active public limited company registered with ROC Mumbai I on 8 July 1960, more than 66 years ago. The registered office is at 15/16, Hazari Baug, L.B.S. Marg, Vikhroli (W), Mumbai, Maharashtra.

In its MCA filings the main business is listed as real estate activities on fee or contract basis.

It has four directors: Muthuswamy Krishnamurthy, Sanjay Harichandra Phoke, Raju Mansing Rathod and Abhijeet Nandkumar Pimple. The longest-serving is Muthuswamy Krishnamurthy, on the board since 2007; the most recent to join is Sanjay Harichandra Phoke, appointed in March 2025. 11 former directors are on record; the most recent to leave was Santosh Pursram Sundararajan in September 2021. Between them, the directors also sit on the boards of 24 other companies, including Marathawada Realtors Private Limited and Alashree Associates Pvt Ltd.

₹58.82 lakh of its ₹1 crore authorised capital is paid up (about 59%). Its latest balance sheet on MCA is for the year ending 31 March 2024, and the last AGM was on 30 September 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. One charge (secured loan) is still open, and two more have been paid off.

Real Estate and Construction ••••••••
  • Location 15/16, Hazari Baug, L.B.S. Marg, Vikhroli (W), Mumbai, Maharashtra - 400083
  • Website vascon.com
LinkedIn Facebook Twitter YouTube Instagram
Legal NameAlmet Corporation Limited
CIN / LLPINU29290MH1960PLC059367
Company No.059367
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1960-07-08
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

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

M
Muthuswamy Krishnamurthy
Director | Since 2007-10-15 | DIN: 00037763
S
Sanjay Harichandra Phoke
Additional Director | Since 2025-03-31 | DIN: 09790537
R
Raju Mansing Rathod
Additional Director | Since 2025-03-28 | DIN: 07270564
A
Abhijeet Nandkumar Pimple
Director | Since 2014-06-23 | DIN: 06905810

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

Estimated bands · FY 2022
Revenue ₹1–10 Lakh ▼ -51.3%
P&L Loss · ₹10–50 Lakh ▲ 87.0%
EBITDA Loss · ₹1–10 Lakh ▲ 93.9%
Net worth ₹1–5 Cr ▼ -4.2%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Vascon Open and satisfied charges registered against the company with MCA.

Others : 290.62 cr
State Bank Of India : 193.00 cr
Central Bank Of India : 25.00 cr
Open Charges: 1 Satisfied Charges: 2
Open -
Satisfied 218.00 cr
LenderAmountStatus
Others
Creation Date: 28 Oct 2020
 290.62 cr Open
State Bank Of India
Creation Date: 15 Nov 2016
 193.00 cr Closed
Central Bank Of India
Creation Date: 19 Apr 2012
 25.00 cr Closed

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

Activity GroupDescriptionTurnover %
Real EstateReal estate activities on fee or contract basis0

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

Board Overlap From MCA / Compliance Filings

Marathawada Realtors Private Limited 2 Shared Directors
Alashree Associates Pvt Ltd 1 Shared Director
Angelica Properties Private Limited 1 Shared Director
Canyon Silver Hotels Private Limited 1 Shared Director
Crystal Industrial Business Park Llp 1 Shared Director
Floriana Properties Private Limited 1 Shared Director
Greystone Premises Private Limited 1 Shared Director
It-Citi Infopark Private Limited 1 Shared Director
Kalpa Infrastructure Llp 1 Shared Director
Lilac Agro Farms And Properties Private Limited 1 Shared Director
M A Reality Infra Private Limited 1 Shared Director
Marvel Housing Private Limited 1 Shared Director
Onboard Solutions Private Limited 1 Shared Director
Phoke Patil Realtors Private Limited 1 Shared Director
Relink Heights Llp 1 Shared Director
Sansara Developers India Private Limited 1 Shared Director
Shree Balaji Sambhaji Nagar Spaces Llp 1 Shared Director
Shreyas Strategists Private Limited 1 Shared Director
Sunflower Real Estate Developers Private Limited 1 Shared Director
Team India Foods Private Limited 1 Shared Director
Vascon Pricol Infrastructures Limited 1 Shared Director
Voltvacay Private Limited 1 Shared Director
White Lily Agro Farms And Properties Pri Vate Limited 1 Shared Director
Wind Flower Properties Private Limited 1 Shared Director

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

8 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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

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

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

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

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MSME Payment Delays by Vascon 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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MCA Filings & Documents of Vascon Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Vascon Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Vascon?
MCA does not publish an "owner" field. Vascon is run by its directors, Muthuswamy Krishnamurthy, Sanjay Harichandra Phoke, Raju Mansing 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 Vascon?
Vascon has four current directors: Muthuswamy Krishnamurthy (since October 2007), Sanjay Harichandra Phoke (since March 2025), Raju Mansing Rathod (since March 2025) and Abhijeet Nandkumar Pimple (since June 2014).
What is CIN of Vascon?
The CIN of Vascon is U29290MH1960PLC059367. Reading it left to right: U means it is not listed, 29290 is the industry code it registered under, MH is Maharashtra, 1960 is the year it was registered, PLC is the company type and 059367 is its registration number.
When was Vascon incorporated?
Vascon was incorporated on 8 July 1960 with ROC Mumbai I. That makes it more than 66 years old.
What is the registered address of Vascon?
The registered office on MCA records is 15/16, Hazari Baug, L.B.S. Marg, Vikhroli (W), Mumbai, Maharashtra - 400083.
What is the current status of Vascon?
MCA shows Vascon as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Vascon?
You can post to its registered office at 15/16, Hazari Baug, L.B.S. Marg, Vikhroli (W), Mumbai, Maharashtra - 400083 and use its website, https://vascon.com.
What industry or business activity is Vascon associated with?
Its MCA filings list the main business as real estate activities on fee or contract basis.
What is paid-up capital and authorised share capital of Vascon?
Paid-up capital is ₹58.82 lakh and authorised capital is ₹1 crore, so about 59% of the authorised amount has been issued.
When did Vascon 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 Vascon?
One charge against Vascon is still open and two have been satisfied. Lenders named in the filings include State Bank Of India and Central Bank Of India.
Have any directors left Vascon?
Yes, 11 former directors are on record. The most recent to leave were Santosh Pursram Sundararajan (September 2021), Santhanam Doraiswamy (January 2021) and Abhijit Vasant Kulkarni (August 2012).
Which companies share directors with Vascon?
24 companies share directors with Vascon. Among them are Marathawada Realtors Private Limited, Alashree Associates Pvt Ltd, Angelica Properties Private Limited and 21 more.
What is the turnover or revenue of Vascon?
Based on filed financial statements, the revenue of Vascon for FY 2022 was in the ₹1–10 Lakh range. That is down 51.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Vascon?
For FY 2022, the net worth of Vascon was in the ₹1–5 Cr range.
How can I get the financial details of Vascon?
The latest accounts on record are for FY 2022. 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 Vascon?
The website on record for Vascon is https://vascon.com.
Which company owns vascon.com?
vascon.com is the website listed for Almet Corporation Limited in its company records.
Vascon - is it listed or unlisted?
Vascon 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 Vascon?
Vascon is registered with ROC Mumbai I.
What is the company classification of Vascon?
MCA classifies Vascon as: Public Limited Indian Non-Government Company.

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.