Vees Properties Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
as on 12-12-2024
- Paid Up Capital ₹ 31.73 Cr
as on 12-12-2024
- Company Age 50 Year, 21 Days
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 44.70 Cr
as on 12-12-2024
- Satisfied Charges ₹ 300.52 Cr
as on 12-12-2024
- Revenue 1211.85%
(FY 2022)
- Profit -75.99%
(FY 2022)
- Ebitda 8473.66%
(FY 2022)
- Net Worth 0.01%
(FY 2022)
- Total Assets -10.23%
(FY 2022)
About Vees Properties
The Corporate was formerly known as Kgs Developers 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. Balan Anandhi, Shrinivasan Krishnan, Arumugam Srinivasan, and Four other members serve as directors at the Company.
- CIN/LLPIN
U31909TN1974PLC006798
- Company No.
006798
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Nov 1974
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
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 |
|---|---|---|---|
| Balan Anandhi | Whole-Time Director and Cfo | 11-Aug-2018 | Current |
| Shrinivasan Krishnan | Director | 11-Aug-2018 | Current |
| Arumugam Srinivasan | Director | 11-Aug-2018 | Current |
| Pitchaiah Pitchaiah | Whole-Time Director | 02-Jul-2019 | Current |
| Veerabahu Subramanian | Whole-Time Director | 02-Jul-2019 | Current |
| Meenakshi Pillai | Director | 11-Aug-2018 | Current |
Financial Performance and Corporate Structure Insights 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vees Properties?
In 2021, Vees Properties had a promoter holding of 73.00% and a public holding of 27.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Taking Off To The Future Investment Mana Gement LlpActive 6 years 15 daysGigi George is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Sep 2017 | ₹15.00 Cr | Open |
Reliance Home Finance Limited Creation Date: 25 Mar 2015 | ₹17.75 Cr | Open |
Housing Development Finance Corporation Limited Creation Date: 05 Mar 2012 | ₹11.95 Cr | Open |
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
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.
