About Vakil Housing Development Corporation Private Limited
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Vakil Housing Development Corporation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2002PTC031093. Its GSTIN is 29AABCV6632K1ZX (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors including Mohsin Ali Vakil (Managing Director) and Mohammed Arif Vakil.
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 No.78 First Floor Koramangala Industrial Area Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.3 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹3.67 Cr (net margin 15.8%) and EBITDA of ₹6.16 Cr (EBITDA margin 26.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 14% over five years.
The company has about 113 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vakilhousing. As per MCA filings, the company has open charges of ₹108.49 Cr and satisfied charges of ₹274.34 Cr on record. Court records list 99 cases involving the company, including 37 filed by the company and 62 filed against it; 38 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vakilhousing.com.
Company details
Contact details
Vakil Housing Development Corporation Private Limited's registered office is in Bangalore, Karnataka. Its website is vakilhousing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.78 First Floor Koramangala Industrial Area Bangalore, Karnataka, India – 560095
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vakil Housing Development Corporation 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
Brands
Vakil Housing Development Corporation operates one associated brand: Vakilhousing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops eco-friendly residential townships and properties in Bangalore. | vakilhousing.com |
Business activity
The main business activity of Vakil Housing Development Corporation 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 Vakil Housing Development Corporation Private Limited, buy the company report.
Financials of Vakil Housing Development Corporation Private Limited
FY 2024 filings availableVakil Housing Development Corporation Private Limited reported revenue of ₹23.3 Cr (up 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 12% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹23.3 Cr | ||||
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| EBITDA | ₹6.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.4% | ||||
| Net Profit Margin | 15.8% | ||||
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To see the full financial statements and ratios of Vakil Housing Development Corporation Private Limited, buy the company report.
Board of directors of Vakil Housing Development Corporation Private Limited
Vakil Housing Development Corporation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Arif Vakil Also directs: Touch Stone Tech Park Private Limited, Touch Stone Township Ventures Private Limited, Govardhan Vyapaar Private Limited and 5 more | Director | 07 Oct 2002 | 24 Years 1 Months | Current |
| Mohammed Ali Vakil | Director | 07 Oct 2002 | 24 Years 1 Months | Current |
| Mohsin Ali Vakil Also directs: Touch Stone Tech Park Private Limited, Touch Stone Township Ventures Private Limited, Govardhan Vyapaar Private Limited and 5 more | Managing Director | 07 Oct 2002 | 24 Years 1 Months | Current |
Auditor
Vakil Housing Development Corporation Private Limited is audited by R.C. KAPOOR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.C. KAPOOR & CO. | FY 2023 | 01944N |
Shareholding
The shareholding of Vakil Housing Development Corporation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Vakil Housing Development Corporation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2024 | 101003732 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 28 Mar 2024 | 100899248 | Axis Bank Limited | ₹10 Cr | Open | |
| 27 Mar 2024 | 100920758 | Hdfc Bank Limited | ₹37.13 Lakh | Open | |
| 18 Mar 2024 | 100893507 | Axis Bank Limited | ₹30 Cr | Open | |
| 14 Mar 2024 | 100884834 | Axis Bank Limited | ₹13 Cr | Open |
To see the full charge records of Vakil Housing Development Corporation Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Vakil Housing Development Corporation Private Limited has 99 court cases on record: 37 filed by Vakil Housing Development Corporation, 62 filed against it. 38 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 46 | 20 |
| High courts | 40 | 16 | 17 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 99)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Sovereign Developers and Infrastructure Ltd., Rep by Its Representative | Pending |
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Filed against the company by M/S K.R. Shelters Pvt.Ltd. Rep. by Its Director M. Ravi | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against M/S. Sanchaya Land and Estate Pvt. Ltd., Retpd by Its Director Saleemataher | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by Ms Sovereign Developers and Infrastructure Ltd and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Institute of Advanced Medical Studies Pvt Ltd | Disposed |
To see the full case history of Vakil Housing Development Corporation 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 Vakil Housing Development Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vakil Housing Development Corporation has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Vakil Housing Development Corporation Private Limited has a workforce of 113 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Vakil Housing Development Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCV6632K1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vakil Housing Development Corporation Private Limited, buy the company report.
Recent activity
Vakil Housing Development Corporation Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Mohammed Ali Vakil was appointed as Director on 07 Oct 2002.
34 earlier events are in the company report.
Frequently asked questions
Vakil Housing Development Corporation is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 October 2002 (24+ years old) and is registered under CIN U45202KA2002PTC031093.
Vakil Housing Development Corporation has 3 current directors:
- Mohsin Ali Vakil - Managing Director
- Mohammed Arif Vakil - Director
- Mohammed Ali Vakil - Director
The latest financial statements of Vakil Housing Development Corporation 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 Vakil Housing Development Corporation is 29AABCV6632K1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Vakil Housing Development Corporation is U45202KA2002PTC031093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vakil Housing Development Corporation has 99 court cases on record: 37 filed by the company and 62 filed against it. 38 are pending. Most are in the district courts.
Vakil Housing Development Corporation was incorporated on 07 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Mohammed Ali Vakil was appointed as Director on 07 Oct 2002. Mohammed Arif Vakil was appointed as Director on 07 Oct 2002. Mohsin Ali Vakil was appointed as Managing Director on 07 Oct 2002.
Vakil Housing Development Corporation can be reached through the website vakilhousing.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Vakil Housing Development Corporation is at No.78 First Floor Koramangala Industrial Area Bangalore, Karnataka, India – 560095.
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