Vees Properties Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 31.73 Cr
- Company Age 50 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 44.70 Cr
- Satisfied Charges ₹ 300.52 Cr
- Revenue Growth 1211.85%
- Profit Growth -75.99%
- Ebitda 8473.60%
- Net Worth 0.01%
- Total Assets -10.23%
About Vees Properties
Vees Properties Limited (VPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 November 1974 and has a history of 50 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Kgeyes Estates Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 31.73 Cr.
The company currently has active open charges totaling ₹44.70 Cr. The company has closed loans amounting to ₹300.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vees Properties Limited India is Balan Anandhi as CFO. Gigi George, Balan Anandhi, Meenakshi Pillai, and Four other members serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U31909TN1974PLC006798
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Company No.
006798
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
30 Nov 1974
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Date of AGM
30 Sep 2022
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Vees Properties?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balan Anandhi
|
CFO | 11-Aug-2018 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Gigi George
|
Whole-Time Director | 01-Mar-2007 | Current |
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Balan Anandhi
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Whole-Time Director and Cfo | 11-Aug-2018 | Current |
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Meenakshi Pillai
|
Director | 11-Aug-2018 | Current |
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Shrinivasan Krishnan
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Director | 11-Aug-2018 | Current |
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Arumugam Srinivasan
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Director | 11-Aug-2018 | Current |
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Veerabahu Subramanian
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Whole-Time Director | 02-Jul-2019 | Current |
Financial Performance of Vees Properties.
Vees Properties Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1211.85% increase. The company also saw a substantial fall in profitability, with a 75.99% decrease in profit. The company's net worth moved up by a moderate rise of 0.01%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Vees Properties?
In 2022, Vees Properties had a promoter holding of 89.31% and a public holding of 10.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Tofl Infrastructure LimitedGigi George is a mutual person
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Taking Off To The Future Private LimitedGigi George is a mutual person
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Taking Off To The Future Investment Mana Gement LlpGigi George is a mutual person
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Kgs Constructions Limited
Gigi George is a mutual person
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Tofl Pathanamthitta Infra Limited
Gigi George is a mutual person
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Brick Boulevard Builders Private Limited
Gigi George is a mutual person
Charges (Loans)
₹44.70 Cr
₹300.52 Cr
Charges Breakdown by Lending Institutions
- Reliance Home Finance Limited : 17.75 Cr
- Others : 15.00 Cr
- Housing Development Finance Corporation Limited : 11.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2017 | Others | ₹15.00 Cr | Open |
| 25 Mar 2015 | Reliance Home Finance Limited | ₹17.75 Cr | Open |
| 05 Mar 2012 | Housing Development Finance Corporation Limited | ₹11.95 Cr | Open |
| 30 Oct 2014 | Reliance Capital Ltd | ₹17.79 Cr | Satisfied |
| 07 Mar 2013 | Icici Bank Limited | ₹95.00 Cr | Satisfied |
How Many Employees Work at Vees Properties?
Unlock and access historical data on people associated with Vees Properties, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vees Properties, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vees Properties's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
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