Valdel Xtent Outsourcing Solutions Private Limited
About Valdel Xtent Outsourcing Solutions Private Limited
Data last updated:
Valdel Xtent Outsourcing Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Prestige Estates Projects Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the building construction segment of the construction sector. It was incorporated on 14 November 2000.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC028118. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹30 Cr and a paid-up capital of ₹29 Cr. It was led by directors including Badrunissa Irfan (Managing Director) and Mathikere Jayaram Shantharam.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at The Falcon House No. 1 Main Guard Cross Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2016, the company reported a revenue of ₹48.04 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 2.2%) and EBITDA of ₹24.7 Cr (EBITDA margin 51.4%).
Its group structure included 3 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹150 Cr on record. Court records list 115 cases involving the company, including 115 filed against it; 2 cases are pending. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹137.69 Cr; the latest was in December 2011.
Company details
Contact details
Valdel Xtent Outsourcing Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressThe Falcon House No. 1 Main Guard Cross Road, Bangalore, Karnataka, India – 560001
- IndustryConstruction, Buildings
To see the full contact details of Valdel Xtent Outsourcing Solutions 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 activities of Valdel Xtent Outsourcing Solutions are real estate and financial and insurance service. In detail, this covers real estate activities with own or leased property and other financial activities. 2 activity segments are registered with the MCA.
| 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 | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Valdel Xtent Outsourcing Solutions Private Limited, buy the company report.
Financials of Valdel Xtent Outsourcing Solutions Private Limited
FY 2016 filings availableValdel Xtent Outsourcing Solutions Private Limited reported revenue of ₹48.04 Cr (down 64% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. EBITDA fell 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹48.04 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹24.7 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.03 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 51.4% | |
| Net Profit Margin | 2.2% | |
| 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 Valdel Xtent Outsourcing Solutions Private Limited, buy the company report.
Board of directors of Valdel Xtent Outsourcing Solutions Private Limited
Valdel Xtent Outsourcing Solutions has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Badrunissa Irfan Also directs: Apex Realty Ventures LLP, Prestige Valley View Estates LLP, Apex Realty Management Private Limited and 5 more | Managing Director | 01 Apr 2010 | 16 Years 6 Months | As last reported |
| Mathikere Jayaram Shantharam | Director | 14 Nov 2000 | 25 Years 11 Months | As last reported |
| Irfanrazack Also directs: Bharatnagar Buildcon LLP, Villaland Developers LLP, West Palm Developments LLP and 5 more | Director | 26 May 2008 | 18 Years 5 Months | As last reported |
| Rezwan Razack Also directs: Villaland Developers LLP, West Palm Developments LLP, Prestige Omr Ventures LLP and 5 more | Director | 26 May 2008 | 18 Years 5 Months | As last reported |
Auditor
Valdel Xtent Outsourcing Solutions Private Limited is audited by MSSV & Co for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSSV & Co | FY 2016 | 001987S |
Shareholding
The shareholding of Valdel Xtent Outsourcing Solutions Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Valdel Xtent Outsourcing Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2012 | 10381439 | Housing Development Finance Corporation Limited | ₹150 Cr | Satisfied |
To see the full charge records of Valdel Xtent Outsourcing Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Valdel Xtent Outsourcing Solutions Private Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹137.69 Cr; the latest was in December 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2011 | Acquisition | Undisclosed | Buyer: Prestige Estates Projects Limited Seller: Red Fort India Real Estate I LP |
| Oct 2007 | Funding round | ₹137.69 Cr | Investors: Red Fort India Real Estate I LP |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Valdel Xtent Outsourcing Solutions Private Limited has 115 court cases on record: 115 filed against it. 2 cases are pending and 113 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 115 | 115 | 2 |
Cases on record (2 of 115)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| High Court | Appeal | Filed against the company by The Regional Commissioner and 2 others | Disposed |
To see the full case history of Valdel Xtent Outsourcing Solutions 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 Valdel Xtent Outsourcing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Valdel Xtent Outsourcing Solutions has 3 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Dollars Hotel and Resorts Private Limited | U55101KA2004PTC034873 | |
| Avyakth Cold Storages Private Limited | U63020KA2010PTC055088 | |
| Exora Business Parks Limited | U72900KA2003PLC032050 |
To see the full group structure of Valdel Xtent Outsourcing Solutions Private Limited, buy the company report.
GST
Valdel Xtent Outsourcing Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Valdel Xtent Outsourcing Solutions Private Limited, buy the company report.
Recent activity
Valdel Xtent Outsourcing Solutions Private Limited has 12 board changes on record since 2000: 4 appointments and 8 cessations. The latest: Kuldeep Chawla ceased to be Additional Director on 31 Dec 2010.
5 earlier events are in the company report.
Frequently asked questions
Valdel Xtent Outsourcing Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Valdel Xtent Outsourcing Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in buildings, within the construction industry. It was incorporated on 14 November 2000 and is registered under CIN U72200KA2000PTC028118. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Valdel Xtent Outsourcing Solutions was incorporated on 14 November 2000. It is registered with the Registrar of Companies, Bangalore.
Valdel Xtent Outsourcing Solutions had 4 directors:
- Badrunissa Irfan - Managing Director
- Mathikere Jayaram Shantharam - Director
- Irfanrazack - Director
- Rezwan Razack - Director
The CIN (Corporate Identification Number) of Valdel Xtent Outsourcing Solutions is U72200KA2000PTC028118. 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 Valdel Xtent Outsourcing Solutions is at The Falcon House No. 1 Main Guard Cross Road, Bangalore, Karnataka, India – 560001.
The latest financial statements of Valdel Xtent Outsourcing Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Valdel Xtent Outsourcing Solutions has 1 GST registration on record and it is cancelled or inactive.
Valdel Xtent Outsourcing Solutions operated in the construction industry, in the buildings segment.
Valdel Xtent Outsourcing Solutions has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹137.69 Cr; the latest was in December 2011.