V.M. Procon Private Limited

Real estate construction and trading company specializing in residential projects in Ahmedabad.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated:

V.M. Procon Profile

Key Indicators

  • Authorised Capital ₹ 4.10 Cr
  • Paid Up Capital ₹ 0.40 M
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 188.00 Cr
  • Revenue Growth -64.16%
  • Profit Growth -40.03%
  • Ebitda 69.44%
  • Net Worth 6.97%
  • Total Assets -5.11%

About V.M. Procon

V.M. Procon Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 November 2010 and has a history of 14 years and three months. Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.10 Cr and a paid-up capital of Rs 0.40 M.

The company has closed loans amounting to ₹188.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Bandish Ajmera, Ashwin Ajmera, and Jayendra Pandit serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101GJ2010PTC062989

  • Company No.

    062989

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 2010

  • Date of AGM

    18 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Real Estate and Construction

Who are the key members and board of directors at V.M. Procon?

Board Members (3)

NameDesignationAppointment DateStatus
Bandish Ajmera Country flag representing In Director 25-May-2012Current
Ashwin Ajmera Country flag representing In Director 30-Sep-2017Current
Jayendra Pandit Country flag representing In Director 13-Jul-2016Current

Financial Performance of V.M. Procon.

V.M. Procon Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 64.16% decrease. The company also saw a substantial fall in profitability, with a 40.03% decrease in profit. The company's net worth moved up by a moderate rise of 6.97%.

V.M. Procon revenue growth over time
V.M. Procon 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
-64.16%
Revenue from Operations
-70.15%
Total Assets
-5.11%
Profit or Loss
-40.03%
Net Worth
6.97%
EBITDA
69.44%

What is the Ownership and Shareholding Structure of V.M. Procon?

In 2023, V.M. Procon had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹188.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 54.00 Cr
  • Icici Bank Limited : 50.00 Cr
  • State Bank Of India : 48.00 Cr
  • Tata Capital Housing Finance Limited : 21.00 Cr
  • Tata Capital Financial Services Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2018State Bank Of India₹48.00 CrSatisfied
29 Jul 2016Tata Capital Financial Services Limited₹15.00 CrSatisfied
29 Jul 2016Tata Capital Housing Finance Limited₹21.00 CrSatisfied
08 Oct 2013Icici Bank Limited₹50.00 CrSatisfied
30 May 2012Bank Of Baroda₹27.00 CrSatisfied

How Many Employees Work at V.M. Procon?

Unlock and access historical data on people associated with V.M. Procon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for V.M. Procon Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of V.M. Procon, 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 V.M. Procon'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 V.M. Procon

Recent activity within the organization

  • Charges

    A charge registered on 28 Feb 2018 via Charge ID 100165228 with State Bank Of India was fully satisfied on 15 Feb 2024.

  • Annual General Meeting

    V.M. Procon Private Limited last Annual general meeting of members was held on 18 Aug 2023 as per latest MCA records.

  • Balance Sheet

    V.M. Procon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with State Bank Of India of Rs. 48.00 Cr registered on 28 Feb 2018 with Charge ID 100165228 was modified on 30 Dec 2020.

  • Charges

    A charge registered on 29 Jul 2016 via Charge ID 100046004 with Tata Capital Housing Finance Limited was fully satisfied on 23 Aug 2019.

  • Charges

    A charge registered on 29 Jul 2016 via Charge ID 100042662 with Tata Capital Financial Services Limited was fully satisfied on 14 Aug 2019.

Frequently asked questions

  • What is the Incorporation or founding date of V.M. Procon Private Limited?

    V.M. Procon Private Limited was incorporated on 22 Nov 2010.

  • What is authorized share capital and paid-up capital of V.M. Procon Private Limited?

    The authorized share capital of V.M. Procon Private Limited is ₹ 4.10 Cr and paid-up capital is ₹ 0.40 M.

  • Who are the current board members & directors of V.M. Procon Private Limited?

    Currently 3 directors are associated with V.M. Procon Private Limited.

    • Bandish Bhogilal Ajmera
    • Ashwin Bhogilal Ajmera
    • Jayendra Krishnaswarup Pandit

  • What is the registered address of V.M. Procon Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of V.M. Procon Private Limited is 25 Shukan Mall 4Th Floor Nr. Rajasthan Hospital, Shahi Baug India, Ahmedabad, Gujarat, 380004.

  • What is the corporate identification number (CIN) and company number of V.M. Procon Private Limited?

    The corporate identification number (CIN) of V.M. Procon Private Limited is U70101GJ2010PTC062989 and the company number is 062989 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for V.M. Procon Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for V.M. Procon Private Limited has fallen by -64.16%.

  • What change has been observed in the net worth of V.M. Procon Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of V.M. Procon Private Limited has experienced an upsurge of 6.97%.

  • When was the last Balance Sheet of V.M. Procon Private Limited filed with the ROC?

    The most recent Balance Sheet for V.M. Procon Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Real Estate Builders & Developers