Vgn Projects Estates Private Limited

Develops commercial and institutional properties, with ongoing projects in Chennai, Tamil Nadu.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Vgn Projects Estates Profile

Key Indicators

  • Authorised Capital ₹ 110.01 Cr
  • Paid Up Capital ₹ 110.01 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 168.45 Cr
  • Satisfied Charges ₹ 2,671.30 Cr
  • Revenue Growth -8.20%
  • Profit Growth 68.05%
  • Ebitda -52.17%
  • Net Worth 0.75%
  • Total Assets -16.11%

About Vgn Projects Estates

Vgn Projects Estates Private Limited (VPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 March 2008 and has a history of 16 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Vgn Developers Private 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 2023. It's a company limited by shares with an authorized capital of Rs 110.01 Cr and a paid-up capital of Rs 110.01 Cr.

The company currently has active open charges totaling ₹168.45 Cr. The company has closed loans amounting to ₹2,671.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pratish Vedhappudi and Divya Veluri serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70102TN2008PTC066788

  • Company No.

    066788

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2008

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Vgn Projects Estates?

Board Members (2)

Name Designation Appointment Date Status
Pratish Vedhappudi Country flag representing In Director 13-Mar-2008 Current
Divya Veluri Country flag representing In Director 08-Aug-2009 Current

Financial Performance of Vgn Projects Estates.

Vgn Projects Estates Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.2% decrease. The company also saw a substantial improvement in profitability, with a 68.05% increase in profit. The company's net worth moved up by a moderate rise of 0.75%.

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
-8.20%
Revenue from Operations
-7.84%
Total Assets
-16.11%
Profit or Loss
68.05%
Net Worth
0.75%
EBITDA
-52.17%

What is the Ownership and Shareholding Structure of Vgn Projects Estates?

In 2023, Vgn Projects Estates had a promoter holding of 41.01% and a public holding of 58.99%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹168.45 Cr

Satisfied Charges

₹2,671.30 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 165.00 Cr
  • Indian Overseas Bank : 3.45 Cr

Latest Charge Details

Date Lender Amount Status
26 Apr 2024 Idbi Trusteeship Services Limited ₹165.00 Cr Open
06 Jul 2022 Indian Overseas Bank ₹3.45 Cr Open
15 Feb 2023 Others ₹24.00 Cr Satisfied
25 Mar 2021 Axis Bank Limited ₹2.00 Cr Satisfied
23 May 2019 Others ₹120.00 Cr Satisfied

How Many Employees Work at Vgn Projects Estates?

Vgn Projects Estates has a workforce of 98 employees as of Mar 30, 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 Vgn Projects 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 Vgn Projects 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 Vgn Projects Estates

Recent activity within the organization

  • Charges

    A charge registered on 25 Mar 2021 via Charge ID 100435286 with Axis Bank Limited was fully satisfied on 17 May 2024.

    17 May 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 165.00 Cr with Charge ID 100915009 was registered on 26 Apr 2024.

    26 Apr 2024

  • Charges

    A charge registered on 15 Feb 2023 via Charge ID 100734644 with Others was fully satisfied on 02 Dec 2023.

    02 Dec 2023

  • Annual General Meeting

    Vgn Projects Estates Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Vgn Projects Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 24.00 Cr with Charge ID 100734644 was registered on 15 Feb 2023.

    15 Feb 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Vgn Projects Estates Private Limited was incorporated on 13 Mar 2008.

  • The authorized share capital of Vgn Projects Estates Private Limited is ₹ 110.01 Cr and paid-up capital is ₹ 110.01 Cr.

  • Currently 2 directors are associated with Vgn Projects Estates Private Limited.

    • Pratish Vedhappudi
    • Divya Veluri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vgn Projects Estates Private Limited is Y-222 Vgn Kimberly Towers 2Nd Avenue, Anna Nagar India, Chennai, Tamil Nadu, 600040.

  • The corporate identification number (CIN) of Vgn Projects Estates Private Limited is U70102TN2008PTC066788 and the company number is 066788 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vgn Projects Estates Private Limited is https://www.vgn.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vgn Projects Estates Private Limited has fallen by -8.20%.

  • As Per 2023 financial reports, 98 employees are currently employed by Vgn Projects Estates Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vgn Projects Estates Private Limited has experienced an upsurge of 0.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vgn Projects Estates Private Limited amount to ₹ 168.45 Cr.

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

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