Virginia Developers Private Limited

Real estate company with a retail project in Bangalore, part of DBR Group.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated: December 14, 2024

Virginia Developers Profile

Key Indicators

  • Authorised Capital ₹ 9.69 Cr
  • Paid Up Capital ₹ 9.09 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 306.15 Cr
  • Satisfied Charges ₹ 89.90 Cr
  • Revenue Growth -82.91%
  • Profit Growth -697.23%
  • Ebitda -503.59%
  • Net Worth -3.86%
  • Total Assets 3.15%

About Virginia Developers

Virginia Developers Private Limited (VDPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 November 2010 and has a history of 14 years and two 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 2024. It's a company limited by shares with an authorized capital of Rs 9.69 Cr and a paid-up capital of Rs 9.09 Cr.

The company currently has active open charges totaling ₹306.15 Cr. The company has closed loans amounting to ₹89.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Banu Ramaswamy, Rajiv, and Lakshmanakumar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70102KA2010PTC056046

  • Company No.

    056046

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

What products or services does Virginia Developers Private Limited offer?

Virginia Developers Private Limited offers a wide range of products and services, including Hotel Booking & Reservation Services, Hospitality Services, Food & Catering Services, Catering Services.

Who are the key members and board of directors at Virginia Developers?

Board Members (3)

NameDesignationAppointment DateStatus
Rajiv Country flag representing In Director 29-Nov-2010Current
Lakshmanakumar Country flag representing In Director Appointed In Casual Vacancy 15-Nov-2011Current
Banu Ramaswamy Country flag representing In Director 29-Nov-2010Current

Financial Performance of Virginia Developers.

Virginia Developers Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 82.91% decrease. The company also saw a substantial fall in profitability, with a 697.23% decrease in profit. The company's net worth dipped by a decrease of 3.86%.

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
-82.91%
Revenue from Operations
-83.59%
Total Assets
3.15%
Profit or Loss
-697.23%
Net Worth
-3.86%
EBITDA
-503.59%

What is the Ownership and Shareholding Structure of Virginia Developers?

In 2021, Virginia Developers 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

₹306.15 Cr

Satisfied Charges

₹89.90 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 182.50 Cr
  • Others : 123.65 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jan 2020Others₹11.50 CrOpen
23 Jan 2020Others₹43.00 CrOpen
21 Mar 2019Others₹23.50 CrOpen
20 Mar 2018Others₹15.65 CrOpen
19 Dec 2016Others₹30.00 CrOpen

How Many Employees Work at Virginia Developers?

Unlock and access historical data on people associated with Virginia Developers, 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 Virginia Developers, 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 Virginia Developers'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 Virginia Developers

Recent activity within the organization

  • Annual General Meeting

    Virginia Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Virginia Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 11.50 Cr with Charge ID 100317152 was registered on 23 Jan 2020.

    23 Jan 2020

  • Charges

    A charge with Others amounted to Rs. 43.00 Cr with Charge ID 100317154 was registered on 23 Jan 2020.

    23 Jan 2020

  • Charges

    A charge with Others amounted to Rs. 23.50 Cr with Charge ID 100267061 was registered on 21 Mar 2019.

    21 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 15.65 Cr with Charge ID 100173415 was registered on 20 Mar 2018.

    20 Mar 2018

Frequently asked questions

  • Virginia Developers Private Limited was incorporated on 29 Nov 2010.

  • The authorized share capital of Virginia Developers Private Limited is ₹ 9.69 Cr and paid-up capital is ₹ 9.09 Cr.

  • Currently 3 directors are associated with Virginia Developers Private Limited.

    • Banu Ramaswamy
    • Rajiv
    • Lakshmanakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virginia Developers Private Limited is 2981 4Th Floor 12Th Main, Hal 2Nd Stage Indiranagar India, Bangalore, Karnataka, 560008.

  • The corporate identification number (CIN) of Virginia Developers Private Limited is U70102KA2010PTC056046 and the company number is 056046 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Virginia Developers Private Limited is https://www.virginiamalls.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Virginia Developers Private Limited has fallen by -82.91%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Virginia Developers Private Limited has experienced an downturn of -3.86%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Virginia Developers Private Limited amount to ₹ 306.15 Cr.

  • The most recent Balance Sheet for Virginia Developers Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Real Estate Builders & Developers