Promoter holding
64.27%
VB
Varij Builders Private Limited - Due diligence report
A 360° intelligence report on Varij Builders Private Limited: trust score, financial health, credit view, compliance, directors, growth and …
VB
Varij Builders Private Limited
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Varij Builders Private Limited — 360° Intelligence Report
Generated from MCA filings & public records70/100
Trust Score
Moderate
Varij Builders Private Limited is assessed as Moderate with a Trust Score of 70/100. Varij Builders Private Limited is an active private limited indian non-government company incorporated in 2007, operating in the Real Estate and Construction sector. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.
Report generated on 12 Jul 2026 from the latest processed filings. Varij Builders Private Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
70/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
43/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
65/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
30/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 30/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 38%).
- Profitable - internal accruals available.
Charges position: 4 open (1,000.54 cr) · 1 satisfied (6.80 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 5 | 48.0 cr |
Compliance Score: 43/100 Caution Indicated
- Company status is Active as per MCA.
- Marked ACTIVE non-compliant (INC-22A).
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: MCA.
- Litigation present in 1 court forum(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| UMANG HIRALAL THAKKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAVI CHANDRAKANTBHAI CHATWANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 2 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
06
Ownership & Group Intelligence
As per FY 2022 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Dharmadev Infrastructure Limited
Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Dharmadev Infrastructure Limited | Holding Company | 74.00% |
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 60 · Distress 90
Growth signals & trust indicators
Profit expanded 1.42 year-on-year.
Operating for 18+ years.
Distress signals & risk flags
Compliance score is weak (43/100).
4 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence65/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment44/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 4 open charge(s) of 1,000.54 cr already registered.
- Compliance gaps should be priced into terms.
Investor view64/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Last AGM held
Annual general meeting
28 May 2025
Charge created
Others - 665.54 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
28 May 2024
Charge created
Others - 155.00 cr
08 Jun 2023
Charge created
Others - 60.00 cr
16 Jan 2021
Director ceased
KISHORKUMAR NAROTTAMDAS THAKKAR
13 Jan 2021
Director appointed
RAVI CHANDRAKANTBHAI CHATWANI (Director)
25 Jul 2018
Director ceased
SANJAY SATYARAM RAI
11 Jul 2018
Director appointed
UMANG HIRALAL THAKKAR (Additional Director)
Director ceased
KANTH UMANGBHAI THAKKAR
Director ceased
NEEL UMANGBHAI THAKKAR
17 Jan 2018
Charge satisfied
Others
08 Jan 2018
Charge created
Others - 120.00 cr
30 Sep 2014
Director ceased
SUNNY BHARATKUMAR CHATWANI
26 Nov 2013
Charge created
Others - 6.80 cr
10
Key Observations
Auto-generated from the data aboveDebt-to-equity stands at 2.1x - leverage worth monitoring.
Net worth is positive.
2 active director(s) / partner(s); board looks stable and experienced.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
| Company | CIN | Location |
|---|---|---|
| Green Valley Homes Developers Private Limited | U74140MH1992PTC066562 | Navi Mumbai, Maharashtra, India |
| Nav Sanchya Industries Private Limited | U31901WB1997PTC085082 | Kolkata, West Bengal, India |
| Prashanti Hospitals Private Limited | U85110TG1984PTC004895 | Hyderabad, Telangana, India |
| Sristi Abasan Private Limited | U45400WB2008PTC129311 | Howrah, West Bengal, India |
| U.S. Infra Housing Private Limited | U45400MH2011PTC213520 | Thane, Maharashtra, India |
| Pragya Engicon And Property Private Limited | U45200BR2014PTC021871 | Patna, Bihar, India |
| Savodara Buildcon Private Limited | U45500GJ2019PTC106079 | Visnagar, Gujarat, India |
| Brahmand Farm Lands Limited | U70101TN2005PLC057482 | Chennai, Tamil Nadu, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Varij Builders Private Limited before audits and certifications: compliance score 43/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Varij Builders Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Enhanced diligence advised. Credit risk score 30/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 60/100, margin trends, ownership structure and peer set for Varij Builders Private Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 70/100, distress signals and MSME payment-delay disclosures - know whether Varij Builders Private Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Varij Builders Private Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Varij Builders Private Limited an active company?
Varij Builders Private Limited has MCA status “Active” with a compliance score of 43/100 (Caution Indicated).
Is Varij Builders Private Limited financially healthy?
Varij Builders Private Limited has a Financial Health Score of 65/100 (Moderate) based on its filed financial statements.
Should I do business with Varij Builders Private Limited?
Its overall Trust Score is 70/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Varij Builders Private Limited?
The ultimate holding entity is Dharmadev Infrastructure Limited. 2 active director(s) are on record.
Does Varij Builders Private Limited have loans or charges against its assets?
4 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.
Is Varij Builders Private Limited up to date with its ROC filings?
Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 43/100 (Caution Indicated).
Is it risky to lend to Varij Builders Private Limited?
Its Credit Risk Score is 30/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
