Viraj Estates Private Limited

Founded in 1991 and headquartered in Maharashtra, India.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Viraj Estates Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.82 Cr
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 195.38 Cr
  • Satisfied Charges ₹ 13.36 Cr
  • Revenue Growth 41.96%
  • Profit Growth 11.32%
  • Ebitda 8.87%
  • Net Worth 15.69%
  • Total Assets 19.55%

About Viraj Estates

Viraj Estates Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 April 1991 and has a history of 33 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mahavir Land Developers Pvt Ltd. 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 Cr and a paid-up capital of Rs 2.82 Cr.

The company currently has active open charges totaling ₹195.38 Cr. The company has closed loans amounting to ₹13.36 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101MH1991PTC061082

  • Company No.

    061082

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

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

Board Members (7)

Name Designation Appointment Date Status
Viraj Shah Country flag representing In Director 03-Mar-2012 Current
Rohit Shah Country flag representing In Director 13-May-2013 Current
Vilas Shah Country flag representing In Director 25-Nov-2021 Current
Karan Shah Country flag representing In Director 03-Mar-2012 Current
Vaishal Naik Country flag representing In Director 13-May-2013 Current
Rajendra Shah Country flag representing In Director 08-Apr-1991 Current

Financial Performance of Viraj Estates.

Viraj Estates Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.96% increase. The company also saw a substantial improvement in profitability, with a 11.32% increase in profit. The company's net worth Soared by an impressive increase of 15.69%.

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
41.96%
Revenue from Operations
42.01%
Total Assets
19.55%
Profit or Loss
11.32%
Net Worth
15.69%
EBITDA
8.87%

What is the Ownership and Shareholding Structure of Viraj Estates?

In 2023, Viraj Estates had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹195.38 Cr

Satisfied Charges

₹13.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 175.23 Cr
  • Axis Bank Limited : 11.95 Cr
  • State Bank Of India : 5.20 Cr
  • Reliance Capital Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Feb 2024 Others ₹4.70 Cr Open
31 Jan 2024 Others ₹30.00 Cr Open
31 Jan 2024 State Bank Of India ₹5.20 Cr Open
11 Oct 2023 Others ₹8.59 M Open
21 Sep 2023 Others ₹6.70 M Open

How Many Employees Work at Viraj Estates?

Viraj Estates has a workforce of 18 employees as of Apr 07, 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 Viraj 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 Viraj 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 Viraj Estates

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 4.70 Cr with Charge ID 100869403 was registered on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 31 Jan 2024 with Charge ID 100867571 was modified on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge with State Bank Of India of Rs. 5.20 Cr registered on 31 Jan 2024 with Charge ID 100871986 was modified on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100867571 was registered on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.20 Cr with Charge ID 100871986 was registered on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 0.86 Cr with Charge ID 100798942 was registered on 11 Oct 2023.

    11 Oct 2023

Frequently asked questions

  • Viraj Estates Private Limited was incorporated on 08 Apr 1991.

  • The authorized share capital of Viraj Estates Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.82 Cr.

  • Currently 7 directors are associated with Viraj Estates Private Limited.

    • Rohit Manilal Shah
    • Vilas Rasiklal Shah
    • Viraj Vilas Shah
    • Karan Rajendra Shah
    • Vaishal Dushyant Naik
    • Rajendra Rasiklal Shah
    • Chandrashekhar Babulal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Viraj Estates Private Limited is Flat No.2 Ground Floor Clover Co-Op. Housing Society Naushir Barucha Marg Grant Roa, D, Mumbai, Maharashtra, India, 400007.

  • The corporate identification number (CIN) of Viraj Estates Private Limited is U70101MH1991PTC061082 and the company number is 061082 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Viraj Estates Private Limited is https://www.virajestates.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Viraj Estates Private Limited has risen by 41.96%.

  • As Per 2023 financial reports, 18 employees are currently employed by Viraj Estates Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Viraj Estates Private Limited has experienced an upsurge of 15.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Viraj Estates Private Limited amount to ₹ 195.38 Cr.

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

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