Vakil Housing Development Corporation Private Limited

Develops and constructs residential properties, including villas, plots, and townships.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Vakil Housing Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.25 Cr
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 83.49 Cr
  • Satisfied Charges ₹ 274.34 Cr
  • Revenue Growth 22.55%
  • Profit Growth 11.13%
  • Ebitda -0.77%
  • Net Worth 5.03%
  • Total Assets 8.31%

About Vakil Housing Development Corporation

Vakil Housing Development Corporation Private Limited (VHDCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 2002 and has a history of 22 years and four months. Its registered office is in Bangaluru, Karnataka, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.25 Cr.

The company currently has active open charges totaling ₹83.49 Cr. The company has closed loans amounting to ₹274.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohammed Vakil, Mohsin Vakil, and Mohammed Vakil serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vakilhousing.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45202KA2002PTC031093

  • Company No.

    031093

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Vakil Housing Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohsin Vakil Country flag representing In Managing Director07-Oct-2002Current

Board Members (2)

NameDesignationAppointment DateStatus
Mohammed Vakil Country flag representing In Director 07-Oct-2002Current
Mohammed Vakil Country flag representing In Director 07-Oct-2002Current

Financial Performance of Vakil Housing Development Corporation.

Vakil Housing Development Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.55% increase. The company also saw a substantial improvement in profitability, with a 11.13% increase in profit. The company's net worth moved up by a moderate rise of 5.03%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.55%
Revenue from Operations
19.60%
Total Assets
8.31%
Profit or Loss
11.13%
Net Worth
5.03%
EBITDA
-0.77%

What is the Ownership and Shareholding Structure of Vakil Housing Development Corporation?

In 2023, Vakil Housing Development Corporation had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹83.49 Cr

Satisfied Charges

₹274.34 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 83.00 Cr
  • Hdfc Bank Limited : 0.49 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024Axis Bank Limited₹10.00 CrOpen
27 Mar 2024Hdfc Bank Limited₹3.71 MOpen
18 Mar 2024Axis Bank Limited₹30.00 CrOpen
14 Mar 2024Axis Bank Limited₹13.00 CrOpen
04 Mar 2024Hdfc Bank Limited₹1.17 MOpen

How Many Employees Work at Vakil Housing Development Corporation?

Vakil Housing Development Corporation has a workforce of 113 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vakil Housing Development Corporation, 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 Vakil Housing Development Corporation's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vakil Housing Development Corporation

Recent activity within the organization

  • Charges

    A charge registered on 12 Apr 2019 via Charge ID 100277571 with Others was fully satisfied on 20 May 2024.

    20 May 2024

  • Charges

    A charge registered on 13 Jul 2015 via Charge ID 10584107 with Bajaj Finance Limited was fully satisfied on 20 May 2024.

    20 May 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100899248 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100920758 was registered on 27 Mar 2024.

    27 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100893507 was registered on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100884834 was registered on 14 Mar 2024.

    14 Mar 2024

Frequently asked questions

  • Vakil Housing Development Corporation Private Limited was incorporated on 07 Oct 2002.

  • The authorized share capital of Vakil Housing Development Corporation Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.25 Cr.

  • Currently 3 directors are associated with Vakil Housing Development Corporation Private Limited.

    • Mohammed Arif Vakil
    • Mohsin Ali Vakil
    • Mohammed Ali Vakil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vakil Housing Development Corporation Private Limited is No.78 First Floor Koramangala Industrial Area, India, Bangalore, Karnataka, 560095.

  • The corporate identification number (CIN) of Vakil Housing Development Corporation Private Limited is U45202KA2002PTC031093 and the company number is 031093 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vakil Housing Development Corporation Private Limited is https://www.vakilhousing.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vakil Housing Development Corporation Private Limited has risen by 22.55%.

  • As Per 2023 financial reports, 113 employees are currently employed by Vakil Housing Development Corporation Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vakil Housing Development Corporation Private Limited has experienced an upsurge of 5.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vakil Housing Development Corporation Private Limited amount to ₹ 83.49 Cr.

  • The most recent Balance Sheet for Vakil Housing Development Corporation Private Limited was filed with the ROC on 31 Mar 2023.