Vgs Estates Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.31 Cr
- Company Age 15 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.00 Cr
- Satisfied Charges ₹ 9.80 Cr
- Revenue Growth 2.50%
- Profit Growth -1020.49%
- Ebitda 66.35%
- Net Worth -20.71%
- Total Assets 47.05%
About Vgs Estates
Vgs Estates Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 November 2009 and has a history of 15 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Vels Holding And Investments 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 15.00 Cr and a paid-up capital of Rs 11.31 Cr.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹9.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vgs Estates Private Limited India is Balu Yamuna as COMPANY SECRETARY. Ishari Kadhirvelan, Isari Ganesh, and Kamala Kumar serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U70200TN2009PTC073547
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Company No.
073547
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Nov 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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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 Vgs Estates?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamala Kumar
|
Managing Director | 21-Feb-2011 | Current |
|
Balu Yamuna
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Company Secretary | 03-Feb-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ishari Kadhirvelan
|
Director | 16-Nov-2009 | Current |
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Isari Ganesh
|
Director | 16-Nov-2009 | Current |
Financial Performance of Vgs Estates.
Vgs Estates Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.5% increase. The company also saw a substantial fall in profitability, with a 1020.49% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.71%.
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What is the Ownership and Shareholding Structure of Vgs Estates?
In 2023, Vgs Estates had a promoter holding of 88.32% and a public holding of 11.68%. The company had 1 Subsidiary. 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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Vel Ganesh Foundations Private LimitedIshari Kadhirvelan is a mutual person
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Vels Studios And Entertainment Private LimitedIshari Kadhirvelan and Isari Ganesh are mutual person
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Cybernexa Infotech Private LimitedIshari Kadhirvelan and Isari Ganesh are mutual person
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Kushmitha Foundations Private LimitedIshari Kadhirvelan, Isari Ganesh and 1 more are mutual person
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Arthi Associates Private Limited
Ishari Kadhirvelan, Isari Ganesh and 1 more are mutual person
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Vg Park Beach Resorts Private Limited
Ishari Kadhirvelan, Isari Ganesh and 1 more are mutual person
Charges (Loans)
₹30.00 Cr
₹9.80 Cr
Charges Breakdown by Lending Institutions
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2021 | Others | ₹15.00 Cr | Open |
| 28 Sep 2017 | Others | ₹15.00 Cr | Open |
| 02 Feb 2010 | Tamilnad Mercantile Bank Limited | ₹9.80 Cr | Satisfied |
How Many Employees Work at Vgs Estates?
Unlock and access historical data on people associated with Vgs Estates, 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 Vgs 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 Vgs Estates'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.
