VRD Developers Private Limited
About VRD Developers Private Limited
Data last updated:
VRD Developers Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 03 January 2008.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70102TG2008PTC056953.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Domesh Agarwal and Urmila Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 5 – 9 – 30/1/17/17A Us Residency Road No. 2 Palace Colony Basheerbagh, Hyderabad, Telangana, India – 500063.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.08 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹4,239 (net margin -3.9%) and EBITDA of ₹8,800 (EBITDA margin 8.1%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 17% over five years.
Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 2 cases are pending.
Company details
CIN history
VRD Developers has one previous CIN (Corporate Identification Number): U70102AP2008PTC056953. The current CIN is U70102TG2008PTC056953, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102TG2008PTC056953 | Current |
| U70102AP2008PTC056953 | Previous |
Contact details
VRD Developers Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 – 9 – 30/1/17/17A Us Residency Road No. 2 Palace Colony Basheerbagh, Hyderabad, Telangana, India – 500063
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of VRD 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 VRD Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of VRD Developers Private Limited, buy the company report.
Financials of VRD Developers Private Limited
FY 2022 filings availableVRD Developers Private Limited reported revenue of ₹1.08 Lakh (down 62% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 62% fall in the latest year. EBITDA fell 52% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹8,800 | ||||
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| Net Profit (PAT) | -₹4,239 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | -3.9% | ||||
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To see the full financial statements and ratios of VRD Developers Private Limited, buy the company report.
Board of directors of VRD Developers Private Limited
VRD Developers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Domesh Agarwal Also directs: Chimanlal Suresh Kumar Textiles Private Limited, Surila Builders Private Limited, Singh Mansions Private Limited and 5 more | Director | 22 Dec 2018 | 7 Years 10 Months | As last reported |
| Urmila Agarwal | Director | 03 Jan 2008 | 18 Years 9 Months | As last reported |
| Rakshit Agarwal | Director | 27 Aug 2012 | 14 Years 2 Months | As last reported |
| Suresh Kumar Agarwal | Director | 03 Jan 2008 | 18 Years 9 Months | As last reported |
Auditor
VRD Developers Private Limited is audited by R S BAJAJ AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S BAJAJ AND ASSOCIATES | FY 2020 | 017106S |
Shareholding
The shareholding of VRD Developers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of VRD Developers Private Limited, buy the company report.
Legal cases
VRD Developers Private Limited has 10 court cases on record: 3 filed by VRD Developers, 7 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 5 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by NCS Builders Pvt. Ltd. Rep. by Nukala Chandrasekhar (Managing Director) | Pending |
| High Court, TELANGANA | Appeal | Filed by the company against M/S Kousthubham Buildtech Private Limited | Disposed |
| High Court, TELANGANA | Appeal | Filed against the company by M/S Kousthubham Buildtech Private Limited | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed against the company by M/S Kousthubham Buildtech Private Limited | Disposed |
| District court, Hyderabad Central, Telangana | Court case (A.R.B.O.P) | Filed against the company by M/S Kousthubham Buildtech Private Limited., | Disposed |
To see the full case history of VRD Developers Private 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 VRD 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 VRD Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
VRD Developers Private Limited has 6 board changes on record since 2008: 4 appointments and 2 cessations. The latest: Domesh Agarwal was appointed as Director on 22 Dec 2018.
Frequently asked questions
VRD Developers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
VRD Developers was a private limited company based in Hyderabad, Telangana, India. The company worked in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 03 January 2008 and is registered under CIN U70102TG2008PTC056953. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of VRD Developers is U70102TG2008PTC056953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VRD Developers had 4 directors:
- Domesh Agarwal - Director
- Urmila Agarwal - Director
- Rakshit Agarwal - Director
- Suresh Kumar Agarwal - Director
VRD Developers was incorporated on 03 January 2008. It is registered with the Registrar of Companies, Hyderabad.
The registered office of VRD Developers is at 5 – 9 – 3011717A Us Residency Road No. 2 Palace Colony Basheerbagh, Hyderabad, Telangana, India – 500063.
The latest financial statements of VRD Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
VRD Developers operated in the real estate and construction industry, in the real estate marketing and sales segment.
VRD Developers has 10 court cases on record: 3 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
Domesh Agarwal was appointed as Director on 22 Dec 2018. Vansheeka Agarwal ceased to be Director on 04 Mar 2015. Rakshit Agarwal ceased to be Additional Director on 26 Sep 2012. VRD Developers has 6 board changes on record in total.