About VSPL
VSPL is a Real Estate & Construction company based in Bengaluru (India) founded in 2013 by Vikram Prabhakar. Residential and commercial properties are developed in India. VSPL has raised $7.39 million across 1 funding round from investors including Essel Finance Mutual Fund. The company has 56 employees. Its Indian entity Vspl Projects Private Limited reported revenue of ₹3.36 Cr. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Diversified. Its competitors include Lodha Group and Godrej Properties.
Company details
VSPL was founded in 2013 and is headquartered in Bengaluru, India. Operations focus on the real estate sector, where residential and commercial properties are developed. The company is led by founder Vikram Prabhakar. Activities are centered in the Indian market, with a domain presence at vspl.org for information and outreach. Development projects address housing and business space needs in urban areas.
- Headquarters Bengaluru, India
- Employees 56
- Founders Vikram Prabhakar
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website vspl.org
- Social Facebook
- Legal Name Vspl Projects Private Limited
- Date of Incorporation 27 Jul, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3.36 Cr
FY 2019 · +12% YoY
- Net Profit₹2.8 Lakh
FY 2019 · 1% margin
- EBITDA₹4.3 Lakh
FY 2019 · 1% margin
- Total Equity Funding$7.39M (USD)
in 1 rounds
- Latest Funding Round$7.39M (USD), Series A
Jan 2016
- Investors
- Employee Count56
Associated legal entities of VSPL
VSPL is associated with 2 registered companies on The Company Check; the primary company is Vspl Projects Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vspl Projects Private Limited CIN U70100KA2015PTC081814 | Active | 27 Jul 2015 | Bangalore, Karnataka | ₹3.4 Cr | 2 | View details | |
| Vikram Structures Private Limited CIN U45200KA2008PTC046249 | Under Liquidation | 29 Apr 2008 | Bengaluru, Karnataka | ₹0.3 Cr | 53 | 2 | View details |
Funding Insights of VSPL
VSPL has successfully raised a total of $7.39M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.39 million completed in January 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.39M
- Total Rounds 1
- Last Round Series A — $7.39M
- First Round $7.39M
(Jan 2016)
- Investors Count 1
All 1 funding rounds of VSPL with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2016 | $7.39M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in VSPL
VSPL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Essel Finance Mutual Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wealth management firm | 2012 | mutualfund.esselfinance.com | Mumbai, India |
Investor details for VSPL
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Vspl Projects Private Limited (VSPL)
Vspl Projects Private Limited is the primary company behind VSPL. The boards of the 2 registered companies of VSPL currently have 2 directors; the longest-serving is Vikram Prabhakar, appointed in 2008. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikram Prabhakar DIN 02086814 | Managing Director | 29 Apr 2008 | 18 yrs 6 mo | Vikram Structures Private Limited, Vspl Projects Private Limited |
| Manjunath Ravindra DIN 02320922 | Director | 11 Jun 2012 | 14 yrs 5 mo | Vikram Structures Private Limited, Vspl Projects Private Limited |
People of VSPL
1 people are tracked at VSPL (1 in leadership); the tracked headcount is 56.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for VSPL
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of VSPL
Figures of Vspl Projects Private Limited, the primary company behind VSPL, for FY 2019. Revenue was ₹3.36 Cr (+12% year on year). Net profit was ₹2.8 Lakh (1% margin). EBITDA was ₹4.3 Lakh (1% margin). Revenue has grown at a compounded annual rate of +48% over three years.
- ₹3.36 CrRevenue · FY 2019 · +12% YoY
- ₹2.8 LakhNet profit · 1% margin
- ₹4.3 LakhEBITDA · 1% margin
- ₹1 LakhPaid-up capital
- +48%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Vspl Projects Private Limited are on its company page.
Detailed financial statements for VSPL
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of VSPL
2 dated milestones of VSPL across 3 years, from founding to its latest funding, stage changes and deals.
- Founded VSPL is founded.
- Funding First funding round of $7.4M.
Competitors of VSPL
VSPL has 2 listed competitors in our database. They include Lodha Group and Godrej Properties.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lodhagroup.com | 1980 | Mumbai, India | 4,846 | Developer of residential and commercial real estate properties | ||
| godrejproperties.com | 1990 | Mumbai, India | 408 | Residential and commercial properties are developed by Godrej Properties. |
Detailed competitors of VSPL
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of VSPL
The website of VSPL (vspl.org) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 22.1% vs previous month
Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as VSPL (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,322 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Vspl
Complete news archive for VSPL
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about VSPL
VSPL was founded in 2013 and raised its 1st funding round 3 years after it was founded.
VSPL is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
VSPL is a funded company, having raised a total of $7.39M across 1 funding round to date. The company's 1st funding round was a Series A of $7.39M, raised on Jan 2016.
VSPL has 56 employees.
The primary company behind VSPL, Vspl Projects Private Limited, reported revenue of ₹3.36 Cr for FY 2019, up 12% year on year.
VSPL was founded in 2013 and is headquartered in Bengaluru, India. Operations focus on the real estate sector, where residential and commercial properties are developed. The company is led by founder Vikram Prabhakar. Activities are centered in the Indian market, with a domain presence at vspl.org for information and outreach. Development projects address housing and business space needs in urban areas.
VSPL's top competitors include Godrej Properties and Lodha Group.
VSPL has 1 investor. Key investors include Essel Finance Mutual Fund.
VSPL is associated with 2 legal entities: Vspl Projects Private Limited, Vikram Structures Private Limited.
The legal entities of VSPL currently have 2 directors, including Manjunath Ravindra, Vikram Prabhakar.