Vascon Developers Private Limited - Due diligence report

A 360° intelligence report on Vascon: trust score, financial health, credit view, compliance, directors, growth and distress signals - gener…

2009-07-29 Vikhroli E, Maharashtra Converted To Llp Unlisted Active Compliant
Share
View plans Plan
VD Vascon Developers Private Limited
View plans Plan
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹349 50% off New user
Or enjoy up to 50% off with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Vascon — 360° Intelligence Report

Generated from MCA filings & public records
51/100
Trust Score
Moderate

Vascon is assessed as Moderate with a Trust Score of 51/100. Vascon is a private limited indian non-government company incorporated in 2009, operating in the Travel and Hospitality sector. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 08 Jul 2026 from the latest processed filings. Vascon Developers Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Caution

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 & explainable
Trust ScoreModerate
51/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
23/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
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 access

Scores 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: 55/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 38%).

Charges position: 0 open (-) · 1 satisfied (5.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Baljees Hotels And Real Estates Private Limited1 48.0 cr
Compliance Score: 23/100 Caution Indicated
  • Company status is "Converted To Llp" - not Active.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Litigation present in 1 court forum(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
LALITKUMAR MANOHARLAL PANPALIA 01234567 Director 01/04/2018 6 yrs Approved
SOMNATH BISWAS 01234567 Director 01/04/2018 6 yrs Approved
SHIVAPRAKASH NAIR 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
06

Ownership & Group Intelligence

As per FY 2019 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Royal Orchid Hotels Limited
Subsidiaries
-
Group entities
-
Capital events
7 allotment(s) · 2 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Royal Orchid Hotels Limited Holding Company 74.00%

Key managerial personnel: LALITKUMAR MANOHARLAL PANPALIA (CFO(KMP))

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 40
Growth signals & trust indicators
Operating for 16+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Statutory filings appear overdue.
Adverse company status: Converted To Llp.
Compliance score is weak (23/100).
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence36/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment42/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view47/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
24 Aug 2022
Director ceased
SOMNATH BISWAS
Director ceased
SHIVAPRAKASH NAIR
Last AGM held
Annual general meeting
16 Jun 2022
Director appointed
LALITKUMAR MANOHARLAL PANPALIA (CFO(KMP))
31 Mar 2022
Latest balance sheet
Filed with ROC
10 Feb 2022
Director appointed
SOMNATH BISWAS (Director)
Director appointed
SHIVAPRAKASH NAIR (Director)
Director ceased
AMIT JAISWAL
Director ceased
VIKAS DEVENDER PASSI
09 Feb 2022
Director ceased
RANABIR SHIVAJI SANYAL
06 Dec 2021
Charge satisfied
Baljees Hotels And Real Estates Private Limited
01 Nov 2021
Director ceased
PRASHANT MEHROTRA
22 Dec 2020
Director ceased
MOUMITA MUKHERJEE
31 Mar 2019
Director ceased
RAMACHANDRA VENKATASUBBA RAO
12 Jul 2018
Director ceased
PRABHAKAR DEV
10

Key Observations

Auto-generated from the data above
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
Promoters hold a dominant controlling stake as per the FY 2019 annual return.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
Peer companies will appear here as our matching engine processes this industry.
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Vascon before audits and certifications: compliance score 23/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Vascon: 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 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Vascon - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 51/100, distress signals and MSME payment-delay disclosures - know whether Vascon 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 Vascon - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Vascon an active company?

Vascon has MCA status “Converted To Llp” with a compliance score of 23/100 (Caution Indicated).

Is Vascon financially healthy?

Vascon has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Vascon?

Its overall Trust Score is 51/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Vascon?

The ultimate holding entity is Royal Orchid Hotels Limited. 3 active director(s) are on record.

Does Vascon have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Vascon up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 23/100 (Caution Indicated).

Is it risky to lend to Vascon?

Its Credit Risk Score is 55/100 (Moderate). 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.