Versova Estates Private Limited

Real estate company developing layouts and apartments for sale, incorporated in 2002.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Versova Estates Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 22 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.30 Cr
  • Revenue Growth -71.04%
  • Profit Growth -13.73%
  • Ebitda -119.25%
  • Net Worth -113.03%
  • Total Assets 9.01%

About Versova Estates

Versova Estates Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 April 2002 and has a history of 22 years and nine 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹5.30 Cr.

Rohit Salariya, Subhash Salariya, Mohamed Shafiulla, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    versovaestates.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70200KA2002PTC030371

  • Company No.

    030371

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 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 Versova Estates?

Board Members (9)

Name Designation Appointment Date Status
Shafiulla Taj Country flag representing In Director 11-May-2010 Current
Rohit Salariya Country flag representing In Director 16-Apr-2002 Current
Subhash Salariya Country flag representing In Director 16-Apr-2002 Current
Mohamed Shafiulla Country flag representing In Director 16-Apr-2002 Current
Shalini Salariya Country flag representing In Director 11-May-2010 Current
Shafiulla Sameentaj Country flag representing In Director 11-May-2010 Current

Financial Performance of Versova Estates.

Versova Estates Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 71.04% decrease. The company also saw a substantial fall in profitability, with a 13.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 113.03%.

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
-71.04%
Revenue from Operations
Total Assets
9.01%
Profit or Loss
-13.73%
Net Worth
-113.03%
EBITDA
-119.25%

What is the Ownership and Shareholding Structure of Versova Estates?

In 2018, Versova Estates had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹53.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 5.30 Cr

Latest Charge Details

Date Lender Amount Status
12 Aug 2014 Canara Bank ₹5.00 Cr Open
24 Jan 2014 Canara Bank ₹3.00 M Open

How Many Employees Work at Versova Estates?

Unlock and access historical data on people associated with Versova Estates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Versova Estates, 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 Versova Estates'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 Versova Estates

Recent activity within the organization

  • Annual General Meeting

    Versova Estates Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Versova Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 50.00 M with Charge ID 10515335 was registered on 12 Aug 2014.

    12 Aug 2014

  • Charges

    A charge with Canara Bank amounted to Rs. 3.00 M with Charge ID 10473679 was registered on 24 Jan 2014.

    24 Jan 2014

  • Director Appointment

    Shalini Salariya was appointed as a Director was appointed as a Director on 11 May 2010 & has been associated with this company since 14 years 9 months .

    11 May 2010

  • Director Appointment

    Shafiulla Safeen Taj was appointed as a Director was appointed as a Director on 11 May 2010 & has been associated with this company since 14 years 9 months .

    11 May 2010

Frequently asked questions

  • Versova Estates Private Limited was incorporated on 16 Apr 2002.

  • The authorized share capital of Versova Estates Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 9 directors are associated with Versova Estates Private Limited.

    • Rohit Salariya
    • Subhash Salariya
    • Mohamed Shafiulla
    • Shalini Salariya
    • Shafiulla Safeen Taj
    • Shafiulla Sameentaj
    • Amit Salariya
    • Suresh Salariya
    • Shafiulla Mohamedsamadh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Versova Estates Private Limited is 632 1 Floor Ist Cross I Main Indiranagar Stage, India, Bangalore, Karnataka, 560038.

  • The corporate identification number (CIN) of Versova Estates Private Limited is U70200KA2002PTC030371 and the company number is 030371 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Versova Estates Private Limited is https://www.versovaestates.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Versova Estates Private Limited has fallen by -71.04%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Versova Estates Private Limited has experienced an downturn of -113.03%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Versova Estates Private Limited amount to ₹ 5.30 Cr.

  • The most recent Balance Sheet for Versova Estates Private Limited was filed with the ROC on 31 Mar 2023.

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