Vasavi Housing Infrastructure Limited
About Vasavi Housing Infrastructure Limited
Data last updated:
Vasavi Housing Infrastructure Limited is a public limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 March 2006.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45202TN2006PLC059149. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.94 Cr. It was formerly known as Pragathi Housing Limited and Praagathi Housing Private Limited. It is led by directors including Badrinath Pasumarthy (Managing Director) and Rajendran Shanmugam (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at No 8A Kandaswamy Streetr A Puram Chennai, Tamil Nadu, India – 600028.
As per MCA filings, the company has open charges of ₹5.83 Cr and satisfied charges of ₹9.05 Cr on record. Court records list 37 cases involving the company, including 9 filed by the company and 28 filed against it; 8 cases are pending.
Company details
Name history
Vasavi Housing Infrastructure has undergone 4 name changes throughout its history. The current legal name is Vasavi Housing Infrastructure Limited.
| Company Name | Status |
|---|---|
| Vasavi Housing Infrastructure Limited | Current |
| Pragathi Housing Limited | Previous |
| Praagathi Housing Private Limited | Previous |
| Pragathi Housing Limited | Previous |
| Pragathi Housing Private Limited | Previous |
CIN history
Vasavi Housing Infrastructure has one previous CIN (Corporate Identification Number): U45202TN2006PTC059149. The current CIN is U45202TN2006PLC059149, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202TN2006PLC059149 | Current |
| U45202TN2006PTC059149 | Previous |
Contact details
Vasavi Housing Infrastructure Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo 8A Kandaswamy Streetr A Puram Chennai, Tamil Nadu, India – 600028
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Vasavi Housing Infrastructure Limited
FY 2010 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Vasavi Housing Infrastructure Limited, buy the company report.
Board of directors of Vasavi Housing Infrastructure Limited
Vasavi Housing Infrastructure has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendran Shanmugam | Irp/Rp/Liquidator | 22 May 2025 | 1 Years 5 Months | As last reported |
| Ravindranath Pasumarthy Also directs: Vasavi Meppur Constructions Private Limited | Director | 10 Mar 2006 | 20 Years 7 Months | As last reported |
| Krishna Prasad Badrinath Pasumarthy | Director | 06 Aug 2007 | 19 Years 2 Months | As last reported |
| Badrinath Pasumarthy | Managing Director | 10 Mar 2006 | 20 Years 7 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2011 | 10326715 | Dewan Housing Finance Corporation Limited | ₹5.5 Cr | Open | |
| 13 Mar 2010 | 10209560 | Indian Overseas Bank | ₹33.3 Lakh | Open | |
| 23 Feb 2010 | 10206773 | Repco Bank Limited | ₹5 Cr | Satisfied | |
| 26 May 2006 | 90325663 | Oriental Bank of Commerce | ₹4.05 Cr | Satisfied |
To see the full charge records of Vasavi Housing Infrastructure Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Vasavi Housing Infrastructure Limited has 37 court cases on record: 9 filed by Vasavi Housing Infrastructure, 28 filed against it. 8 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 22 | 8 |
| High courts | 6 | 6 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Media One Innovation Private Limited | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Media One Innovation Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by M/S. Ace Cemex Private Limited, Rep. by Its Managing Director, D. Sunilkumar Reddy | Disposed |
| District court, Chengalpattu, Tamil Nadu | Civil suit | Filed against the company | Pending |
| District court, Kancheepuram, Tamil Nadu | Execution petition | Filed against the company by M/S. Prerna Enterprises Rep by Partner. Manoj Kumar Sipani | Pending |
To see the full case history of Vasavi Housing Infrastructure 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 Vasavi Housing Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vasavi Housing Infrastructure 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 Vasavi Housing Infrastructure Limited, buy the company report.
Recent activity
Vasavi Housing Infrastructure Limited has 5 board changes on record since 2006: 4 appointments and 1 cessation. The latest: Rajendran Shanmugam was appointed as Irp/Rp/Liquidator on 22 May 2025.
3 earlier events are in the company report.
Frequently asked questions
Vasavi Housing Infrastructure is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Vasavi Housing Infrastructure is a company under liquidation, formerly operating as a 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 10 March 2006 and is registered under CIN U45202TN2006PLC059149. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vasavi Housing Infrastructure has 4 current directors:
- Badrinath Pasumarthy - Managing Director
- Ravindranath Pasumarthy - Director
- Krishna Prasad Badrinath Pasumarthy - Director
- Rajendran Shanmugam - Irp/Rp/Liquidator
The latest financial statements of Vasavi Housing Infrastructure on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 30 September 2010. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vasavi Housing Infrastructure is U45202TN2006PLC059149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasavi Housing Infrastructure has open charges of ₹5.83 Cr and satisfied charges of ₹9.05 Cr as per latest MCA filings.
Vasavi Housing Infrastructure has 37 court cases on record: 9 filed by the company and 28 filed against it. 8 are pending. Most are in the district courts.
Vasavi Housing Infrastructure was incorporated on 10 March 2006. It is registered with the Registrar of Companies, Chennai.
Rajendran Shanmugam was appointed as Irp/Rp/Liquidator on 22 May 2025. Krishna Prasad Badrinath Pasumarthy ceased to be Additional Director on 29 Sep 2007. Krishna Prasad Badrinath Pasumarthy was appointed as Director on 06 Aug 2007. Vasavi Housing Infrastructure has 5 board changes on record in total.
The registered office of Vasavi Housing Infrastructure is at No 8A Kandaswamy Streetr A Puram Chennai, Tamil Nadu, India – 600028.