Vasantham Properties Private Limited
About Vasantham Properties Private Limited
Data last updated:
Vasantham Properties Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 March 1994.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U70101TN1994PTC027080.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.72 Lakh. It was led by directors Shanthi Suresh and Srinivasa Ragavan Govindarajan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at A – 9 Mookambika Apts 2nd Floor 20 Srinivasa Avenue Road Ra Puram, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.18 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹4.88 Lakh (net margin -116.8%) and EBITDA of -₹4.88 Lakh (EBITDA margin -116.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company had open charges of ₹1 Lakh and satisfied charges of ₹1 Lakh on record. Court records list 14 cases involving the company, including 14 filed by the company; 1 case is pending.
Company details
Contact details
Vasantham Properties Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 9 Mookambika Apts 2nd Floor 20 Srinivasa Avenue Road Ra Puram, Chennai, Tamil Nadu, India – 600028
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vasantham Properties 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
Financials of Vasantham Properties Private Limited
FY 2023 filings availableVasantham Properties Private Limited reported revenue of ₹4.18 Lakh (down 66% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 66% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹4.18 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.88 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.88 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -116.8% | ||
| Net Profit Margin | -116.8% | ||
| 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 Vasantham Properties Private Limited, buy the company report.
Board of directors of Vasantham Properties Private Limited
Vasantham Properties has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanthi Suresh Also directs: Firstcity Chits Private Limited | Director | 22 Mar 1994 | 32 Years 7 Months | As last reported |
| Srinivasa Ragavan Govindarajan | Additional Director | 05 Mar 2024 | 2 Years 7 Months | As last reported |
Auditor
Vasantham Properties Private Limited is audited by JLR & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JLR & Co | FY 2017 | 003323S |
Shareholding
The shareholding of Vasantham Properties Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vasantham Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 1995 | 90282785 | Dhanalakshmi Bank Ltd. | ₹1 Lakh | Satisfied |
To see the full charge records of Vasantham Properties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vasantham Properties Private Limited has 14 court cases on record: 14 filed by Vasantham Properties. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State of Tamil Nadu, and 2 others | Pending |
| Supreme Court | Court case | Filed by the company against The State of Tamil Nadu | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State of Tamilnadu and 3 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against State of Tamilnadu and 3 others | Disposed |
To see the full case history of Vasantham Properties 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 Vasantham Properties 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 Vasantham Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vasantham Properties Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Srinivasa Ragavan Govindarajan was appointed as Additional Director on 05 Mar 2024.
Frequently asked questions
Vasantham Properties has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vasantham Properties was a private limited company based in Chennai, Tamil Nadu, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 March 1994 and is registered under CIN U70101TN1994PTC027080. The company has been struck off by the Registrar of Companies and is no longer operational.
Vasantham Properties had 2 directors:
- Shanthi Suresh - Director
- Srinivasa Ragavan Govindarajan - Additional Director
The CIN (Corporate Identification Number) of Vasantham Properties is U70101TN1994PTC027080. 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 Vasantham Properties is at A – 9 Mookambika Apts 2nd Floor 20 Srinivasa Avenue Road Ra Puram, Chennai, Tamil Nadu, India – 600028.
Vasantham Properties was incorporated on 22 March 1994. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Vasantham Properties on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Vasantham Properties operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
Vasantham Properties has 14 court cases on record: 14 filed by the company. 1 is pending. Most are in the high courts.
Srinivasa Ragavan Govindarajan was appointed as Additional Director on 05 Mar 2024. Suresh Krishnamurthy ceased to be Managing Director on 04 Feb 2024. Gopalakrishnan Mahalakshmi ceased to be Director on 28 Aug 2012. Vasantham Properties has 4 board changes on record in total.