Virgo Properties Private Limited

Develops real estate properties including residential and serviced apartments, and hospitality and logistics facilities.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Virgo Properties Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.51 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 214.56 Cr
  • Satisfied Charges ₹ 242.97 Cr
  • Revenue Growth -46.33%
  • Profit Growth 74.17%
  • Ebitda 23.27%
  • Net Worth -6.51%
  • Total Assets -13.86%

About Virgo Properties

Virgo Properties Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 September 2004 and has a history of 20 years and five months. Its registered office is in Chennai, Tamil Nadu, 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 2022. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.51 Cr.

The company currently has active open charges totaling ₹214.56 Cr. The company has closed loans amounting to ₹242.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shyam Thikkavarapu and Tikkavarapu Radhika serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    plazagroup.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101TN2004PTC054212

  • Company No.

    054212

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 2004

  • Date of AGM

    30 Dec 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Virgo Properties?

Executive Team (1)

NameDesignationAppointment DateStatus
Shyam Thikkavarapu Country flag representing In Managing Director14-Sep-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Tikkavarapu Radhika Country flag representing In Director 14-Sep-2004Current

Financial Performance of Virgo Properties.

Virgo Properties Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 46.33% decrease. The company also saw a substantial improvement in profitability, with a 74.17% increase in profit. The company's net worth dipped by a decrease of 6.51%.

Virgo Properties revenue growth over time
Virgo Properties 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
-46.33%
Revenue from Operations
-45.85%
Total Assets
-13.86%
Profit or Loss
74.17%
Net Worth
-6.51%
EBITDA
23.27%

What is the Ownership and Shareholding Structure of Virgo Properties?

In 2021, Virgo Properties had a promoter holding of 99.99% and a public holding of 0.01%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹214.56 Cr

Satisfied Charges

₹242.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 112.56 Cr
  • Sbicap Trustee Company Limited : 94.00 Cr
  • India Infoline Finance Limited : 4.98 Cr
  • Axis Bank Limited : 2.00 Cr
  • India Infoline Housing Finance Limited : 1.02 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2020Sbicap Trustee Company Limited₹94.00 CrOpen
26 Mar 2018Others₹5.56 CrOpen
23 Jun 2017Others₹107.00 CrOpen
06 Jan 2016India Infoline Housing Finance Limited₹1.02 CrOpen
23 Jun 2015Axis Bank Limited₹2.00 CrOpen

How Many Employees Work at Virgo Properties?

Virgo Properties has a workforce of 1 employees as of Apr 06, 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.

Employee growth trends for Virgo Properties Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Virgo Properties, 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 Virgo Properties'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 Virgo Properties

Recent activity within the organization

  • Charges

    A charge registered on 30 Apr 2019 via Charge ID 100257763 with Others was fully satisfied on 30 Apr 2024.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 30 Apr 2019 with Charge ID 100257763 was modified on 02 Feb 2024.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 94.00 Cr registered on 27 Jul 2020 with Charge ID 100354146 was modified on 31 May 2023.

  • Charges

    A charge registered on 26 Dec 2017 via Charge ID 100157111 with Others was fully satisfied on 16 Mar 2023.

  • Annual General Meeting

    Virgo Properties Private Limited last Annual general meeting of members was held on 30 Dec 2022 as per latest MCA records.

  • Charges

    A charge registered on 27 Jul 2020 via Charge ID 100364173 with Sbicap Trustee Company Limited was fully satisfied on 02 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Virgo Properties Private Limited?

    Virgo Properties Private Limited was incorporated on 14 Sep 2004.

  • What is authorized share capital and paid-up capital of Virgo Properties Private Limited?

    The authorized share capital of Virgo Properties Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.51 Cr.

  • Who are the current board members & directors of Virgo Properties Private Limited?

    Currently 2 directors are associated with Virgo Properties Private Limited.

    • Shyam Prasad Thikkavarapu
    • Tikkavarapu Radhika

  • What is the registered address of Virgo Properties Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Virgo Properties Private Limited is Plazahouse Newno.5 Oldno.3 Thirumurthyst.Opptonilgirisonthirumalaipillairoa D, T Nagar India, Chennai, Tamil Nadu, 600017.

  • What is the corporate identification number (CIN) and company number of Virgo Properties Private Limited?

    The corporate identification number (CIN) of Virgo Properties Private Limited is U70101TN2004PTC054212 and the company number is 054212 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Virgo Properties Private Limited?

    The Official website of Virgo Properties Private Limited is https://www.plazagroup.co.in

  • What has been the recent revenue trend for Virgo Properties Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Virgo Properties Private Limited has fallen by -46.33%.

  • How many employees does Virgo Properties Private Limited currently have?

    As Per 2021 financial reports, 1 employees are currently employed by Virgo Properties Private Limited.

  • What change has been observed in the net worth of Virgo Properties Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Virgo Properties Private Limited has experienced an downturn of -6.51%.

  • What are the total open charges for Virgo Properties Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Virgo Properties Private Limited amount to ₹ 214.56 Cr.

  • When was the last Balance Sheet of Virgo Properties Private Limited filed with the ROC?

    The most recent Balance Sheet for Virgo Properties Private Limited was filed with the ROC on 31 Mar 2022.

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