Veeje Builders & Developers Private Limited
About Veeje Builders & Developers Private Limited
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Veeje Builders & Developers Private Limited was a private limited company based in Ernakulam, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the builders segment of the construction sector. It was incorporated on 27 June 2013.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45200KL2013PTC034416.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It was led by directors Karolil Babu Vipin Babu (Managing Director) and Karolil Jithin Babu Babu.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at V/237/5 2nd Floor Pallamthuruth Road North Paravoor P O, Ernakulam, Kerala, India – 683513.
As per the financials filed for FY 2021, the company reported a revenue of ₹73,450, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹98,318 (net margin -133.9%) and EBITDA of -₹96,381 (EBITDA margin -131.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 15% over five years.
Company details
Contact details
Veeje Builders & Developers Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressV/237/5 2nd Floor Pallamthuruth Road North Paravoor P O, Ernakulam, Kerala, India – 683513
- IndustryConstruction, Builders, Developers
To see the full contact details of Veeje Builders & Developers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Veeje Builders & Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Veeje Builders & Developers Private Limited, buy the company report.
Financials of Veeje Builders & Developers Private Limited
FY 2021 filings availableVeeje Builders & Developers Private Limited reported revenue of ₹73,450 (down 81% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 81% fall in the latest year. EBITDA fell 500% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹96,381 | ||||
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| Net Profit (PAT) | -₹98,318 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -131.2% | ||||
| Net Profit Margin | -133.9% | ||||
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To see the full financial statements and ratios of Veeje Builders & Developers Private Limited, buy the company report.
Board of directors of Veeje Builders & Developers Private Limited
Veeje Builders & Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karolil Jithin Babu Babu | Director | 27 Jun 2013 | 13 Years 3 Months | As last reported |
| Karolil Babu Vipin Babu | Managing Director | 27 Jun 2013 | 13 Years 3 Months | As last reported |
Peer comparison
Veeje Builders & Developers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prativa Buildcon Private Limited | ₹74,000 (FY 2017) | 1213.0% | New Delhi, Delhi, India | |||
| Bhiwadi Estate Private Limited | ₹74,000 (FY 2025) | -58.0% | New Delhi, Delhi, India | |||
| Argan Real Estate Private Limited | ₹73,731 (FY 2018) | -86.0% | Mumbai, Maharashtra, India | |||
| Mishra Infrabuild Developers Private Limited | ₹73,667 (FY 2024) | New Delhi, Delhi, India | ||||
| Mounten Structure Private Limited | ₹73,480 (FY 2017) | -36.0% | Nagpur, Maharashtra, India | |||
| Veeje Builders & Developers Private Limitedthis company | ₹73,450 (FY 2021) | -₹98,318 | -133.9% | -81.0% | Ernakulam, Kerala, India | |
| Divyashree Homes Private Limited | ₹73,400 (FY 2024) | 4.0% | Patna, Bihar, India | |||
| Medha Classic Dwellings Private Limited | ₹73,324 (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Shri Chakreshwari Construction Private Limited | ₹73,295 (FY 2024) | -19.0% | Jaipur, Rajasthan, India | |||
| Ads Properties Private Limited | ₹73,217 (FY 2025) | -96.0% | Pune, Maharashtra, India | |||
| Anjanay Infra Developers Private Limited | ₹73,200 (FY 2019) | -19.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Veeje Builders & Developers Private Limited, buy the company report.
Auditor
Veeje Builders & Developers Private Limited is audited by MPJ NAMPOOTHIRI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MPJ NAMPOOTHIRI & CO | FY 2017 | 002320S |
Shareholding
The shareholding of Veeje Builders & Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Veeje Builders & Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veeje Builders & Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veeje Builders & Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Veeje Builders & Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veeje Builders & Developers Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Babu Krishnan Karolil ceased to be Director on 26 Feb 2021.
Frequently asked questions
Veeje Builders & Developers has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Veeje Builders & Developers was a private limited company based in Ernakulam, Kerala, India. The company worked in builders, within the construction industry. It was incorporated on 27 June 2013 and is registered under CIN U45200KL2013PTC034416. The company has been struck off by the Registrar of Companies and is no longer operational.
Veeje Builders & Developers had 2 directors:
- Karolil Babu Vipin Babu - Managing Director
- Karolil Jithin Babu Babu - Director
The CIN (Corporate Identification Number) of Veeje Builders & Developers is U45200KL2013PTC034416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Veeje Builders & Developers is at V2375 2nd Floor Pallamthuruth Road North Paravoor P O, Ernakulam, Kerala, India – 683513.
Veeje Builders & Developers was incorporated on 27 June 2013. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Veeje Builders & Developers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Veeje Builders & Developers operated in the construction industry, in the builders segment. It worked in this industry before it was struck off.
The peers of Veeje Builders & Developers by revenue are Prativa Buildcon Private Limited, Bhiwadi Estate Private Limited, Argan Real Estate Private Limited, Mishra Infrabuild Developers Private Limited, Mounten Structure Private Limited and 5 more, all in the same principal business activity (buildings).
Babu Krishnan Karolil ceased to be Director on 26 Feb 2021. Karolil Babu Vipin Babu was appointed as Managing Director on 27 Jun 2013. Karolil Jithin Babu Babu was appointed as Director on 27 Jun 2013.
The compliance status of Veeje Builders & Developers is compliant as of 20 September 2026.