V.M. Procon Profile
Key Indicators
- Authorised Capital ₹ 4.10 Cr
- Paid Up Capital ₹ 0.40 M
- Company Age 14 Year, 2 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 two 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
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Location
Ahmedabad, Gujarat, 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
U70101GJ2010PTC062989
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Company No.
062989
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Nov 2010
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Date of AGM
18 Aug 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 Ahmedabad
Industry
Who are the key members and board of directors at V.M. Procon?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bandish Ajmera
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Director | 25-May-2012 | Current |
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Ashwin Ajmera
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Director | 30-Sep-2017 | Current |
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Jayendra Pandit
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Director | 13-Jul-2016 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Salena It Infra Services Private LimitedJayendra Pandit is a mutual person
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Icb Hotels Private LimitedJayendra Pandit is a mutual person
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B.B.Ajmera Ventures LlpBandish Ajmera is a mutual person
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B.S.Ajmera Ventures Llp
Bandish Ajmera and Ashwin Ajmera are mutual person
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Ajmera Infra Development Llp
Bandish Ajmera is a mutual person
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Ajmera Cements Private Limited
Bandish Ajmera is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2018 | State Bank Of India | ₹48.00 Cr | Satisfied |
| 29 Jul 2016 | Tata Capital Financial Services Limited | ₹15.00 Cr | Satisfied |
| 29 Jul 2016 | Tata Capital Housing Finance Limited | ₹21.00 Cr | Satisfied |
| 08 Oct 2013 | Icici Bank Limited | ₹50.00 Cr | Satisfied |
| 30 May 2012 | Bank Of Baroda | ₹27.00 Cr | Satisfied |
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.
Deals i
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
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.
