About Vijay Shanthi Builders Limited
Data last updated:
Vijay Shanthi Builders Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L45201TN1992PLC021960. Its GSTIN is 33AAACV2001R1ZG (Tamil Nadu). It is recorded as listed by MCA, but its shares were delisted from NSE on 24 Feb 2021 · compulsory delisting and from BSE on 03 Mar 2021 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹61 Cr and a paid-up capital of ₹26.19 Cr. It is led by directors including Chandan Kumar Jain (Managing Director) and Deevi Vasudeva Bhavani Prasad (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Old Door No.8 New Door No.21 First Avenue Indira Nagar Adayar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.42 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹1.56 Cr (net margin -3%) and EBITDA of -₹1.54 Cr (EBITDA margin -2.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 14% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vijay Shanthi Builders. As per MCA filings, the company has open charges of ₹35.69 Cr and satisfied charges of ₹410.05 Cr on record. Court records list 140 cases involving the company, including 58 filed by the company and 83 filed against it; 24 cases are pending. The company has 36 deals on record (35 market trades, 1 funding round); the latest was in December 2017. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 2 smaller; the largest is PSP Projects & Proactive Constructions Private Limited with revenue of ₹52.55 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website vijayshanthibuilders.com.
Company details
Contact details
Vijay Shanthi Builders Limited's registered office is in Chennai, Tamil Nadu. Its website is vijayshanthibuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOld Door No.8 New Door No.21 First Avenue Indira Nagar Adayar, Chennai, Tamil Nadu, India – 600020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vijay Shanthi Builders 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
Brands
Vijay Shanthi Builders operates one associated brand: Vijay Shanthi Builders. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential real estate projects are developed in Chennai, India. | vijayshanthibuilders.com |
Business activity
The main business activity of Vijay Shanthi Builders 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 Vijay Shanthi Builders Limited, buy the company report.
Financials of Vijay Shanthi Builders Limited
FY 2024 filings availableVijay Shanthi Builders Limited reported revenue of ₹52.42 Cr (up 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 62% growth in the latest year. EBITDA rose 96% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.56 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.9% | ||||
| Net Profit Margin | -3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vijay Shanthi Builders Limited, buy the company report.
Board of directors of Vijay Shanthi Builders Limited
Vijay Shanthi Builders has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivasubramaniam | Director | 30 Jun 2005 | 21 Years 3 Months | Current |
| Deevi Vasudeva Bhavani Prasad Also directs: Darshan Housing and Infrastructure Limited | Whole-Time Director | 28 Feb 2012 | 14 Years 7 Months | Current |
| Chandan Kumar Jain | Managing Director | 06 Jan 1992 | 34 Years 9 Months | Current |
Peer comparison
Vijay Shanthi Builders Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PSP Projects & Proactive Constructions Private Limited | ₹52.55 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Wanderland Real Estates Pvt Ltd | ₹52.5 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Vijay Shanthi Builders Limitedthis company | ₹52.42 Cr (FY 2024) | -₹1.56 Cr | -3% | 62.0% | 4 | Chennai, Tamil Nadu, India |
| Stepsstone Promoters Private Limited | ₹52.38 Cr (FY 2024) | -8.0% | Chennai, Tamil Nadu, India | |||
| Eldeco Green Park Infrastructure Limited | ₹52.36 Cr (FY 2025) | 270.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vijay Shanthi Builders Limited, buy the company report.
Auditor
Vijay Shanthi Builders Limited is audited by Vaithisvaran & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vaithisvaran & Co LLP | FY 2022 | 004494S/S200037 |
Shareholding
The shareholding of Vijay Shanthi Builders Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vijay Shanthi Builders Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2026 | 101302456 | Others | ₹7.9 Cr | Open | |
| 11 May 2026 | 101303412 | Others | ₹9.75 Cr | Open | |
| 11 May 2026 | 101312559 | Others | ₹12.35 Cr | Open | |
| 18 Dec 2015 | 10617942 | Punjab National Bank | ₹5 Cr | Open | |
| 30 Sep 2014 | 10531468 | Icici Bank Limited | ₹68.96 Lakh | Open |
To see the full charge records of Vijay Shanthi Builders Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Vijay Shanthi Builders Limited has 36 deals on record (35 market trades, 1 funding round); the latest was in December 2017.
Deals on record (5 of 36)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Market trade | ₹91.3 Lakh | Buyer: Vora Financial Services Private Limited , an individual Seller: Vora Financial Services Private Limited , an individual |
| Mar 2010 | Market trade | ₹88.5 Lakh | Buyer: 3 individuals Seller: Darashaw Securities Private Limited |
| Aug 2009 | Market trade | ₹1.35 Cr | Buyer: Darashaw & Company Private Limited Seller: Laxmi Investments |
| Apr 2008 | Market trade | ₹5.49 Cr | Buyer: Darashaw & Company Private Limited , TSR Darashaw Private Limited , Darashaw Securities Private Limited Seller: Darashaw Blood Stock Pvt Ltd, an individual |
| Mar 2008 | Market trade | ₹4.14 Cr | Buyer: Darashaw Blood Stock Pvt Ltd, Laxmi Investments, an individual Seller: Advent Advisory Services Privat Limited, TSR Darashaw Private Limited , 2 individuals |
To see the full deal history of Vijay Shanthi Builders Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vijay Shanthi Builders Limited has 140 court cases on record: 58 filed by Vijay Shanthi Builders, 83 filed against it. 24 cases are pending and 116 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 88 | 43 | 13 |
| District courts | 51 | 39 | 11 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 140)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Influence Enterprises(India) Pvt. Ltd., and 1 other | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Cushman and Wakefield India Private Limited | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Influence Enterprises(India) Pvt. Ltd., and 2 others | Pending |
| High Court, TAMIL NADU | Court case (CMSA) | Filed by the company against Influence Enterprises(India) Pvt. Ltd., and 4 others | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Aura Integrated Solutions Pvt Ltd | Disposed |
To see the full case history of Vijay Shanthi Builders Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vijay Shanthi Builders Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vijay Shanthi Builders Limited has a workforce of 4 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Vijay Shanthi Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV2001R1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vijay Shanthi Builders Limited, buy the company report.
Recent activity
Vijay Shanthi Builders Limited has 27 board changes on record since 1992: 15 appointments and 12 cessations. The latest: Shaily Ramesh Rathore ceased to be Additional Director on 01 Oct 2019.
60 earlier events are in the company report.
Frequently asked questions
Vijay Shanthi Builders is an active public limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 January 1992 (34+ years old) and is registered under CIN L45201TN1992PLC021960.
Vijay Shanthi Builders has 3 current directors:
- Chandan Kumar Jain - Managing Director
- Deevi Vasudeva Bhavani Prasad - Whole-Time Director
- Sivasubramaniam - Director
The latest financial statements of Vijay Shanthi Builders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vijay Shanthi Builders is 33AAACV2001R1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vijay Shanthi Builders is L45201TN1992PLC021960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vijay Shanthi Builders is recorded as a listed company by MCA, but its shares were delisted from NSE on 24 Feb 2021 · compulsory delisting and from BSE on 03 Mar 2021 · compulsory delisting, and no longer trade on a stock exchange.
Vijay Shanthi Builders has 140 court cases on record: 58 filed by the company and 83 filed against it. 24 are pending. Most are in the high courts.
Vijay Shanthi Builders was incorporated on 06 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
Vijay Shanthi Builders has 36 deals on record (35 market trades, 1 funding round); the latest was in December 2017.
The peers of Vijay Shanthi Builders by revenue are PSP Projects & Proactive Constructions Private Limited, Wanderland Real Estates Pvt Ltd, Stepsstone Promoters Private Limited, Eldeco Green Park Infrastructure Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Shaily Ramesh Rathore ceased to be Additional Director on 01 Oct 2019. Shaily Ramesh Rathore was appointed as Additional Director on 28 Feb 2019. Venugopal Parthasarathy ceased to be Director on 23 Aug 2018. Vijay Shanthi Builders has 27 board changes on record in total.