About Vee Square Hitech Infra Private Limited
Data last updated:
Vee Square Hitech Infra Private Limited was a private limited company based in Navi Mumbai, Maharashtra, 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 development and construction segment of the real estate and construction sector. It was incorporated on 04 January 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2008PTC177372. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was led by directors including Sunny Vijay Lakhani and Vijay Ravjibhai Gajra.
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 Management Office Palm Beach Gallaria Plot No – 17 Sector 19B Off – Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.18 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹32,807 (net margin 0.1%) and EBITDA of ₹32,807 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 745% over five years.
As per MCA filings, the company has satisfied charges of ₹50 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The last known website on record is palmbeachgalleria.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressManagement Office Palm Beach Gallaria Plot No – 17 Sector 19B Off – Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400705
- 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
- One PDF report, delivered after checkout
Business Activity of Vee Square Hitech Infra Private Limited
The main business activity of Vee Square Hitech Infra is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vee Square Hitech Infra Private Limited FY 2023 filings available
Vee Square Hitech Infra Private Limited reported revenue of ₹4.18 Cr (down 83% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Vee Square Hitech Infra Private Limited
Revenue fell 83% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 745%. EBITDA rose 100% 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 of Vee Square Hitech Infra Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.18 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹32,807 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹32,807 | •••• | •••• | •••• | •••• |
| 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 of Vee Square Hitech Infra Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vee Square Hitech Infra are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vee Square Hitech Infra Private Limited
Vee Square Hitech Infra Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Riddhi Siddhi Vinayak Developers Private Limited | ₹4.18 Cr (FY 2020) | •••• | •••• | 600.0% | •••• | Thane, Maharashtra, India |
| Redcee Constructions Private Limited | ₹4.18 Cr (FY 2024) | •••• | •••• | 125.0% | •••• | New Delhi, Delhi, India |
| Gaylord Builders Private Limited | ₹4.18 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Manoj Fincom Private Limited | ₹4.18 Cr (FY 2022) | •••• | •••• | 2115.0% | •••• | Kolkata, West Bengal, India |
| Shri Balajimaharaj Infratech Private Limited | ₹4.18 Cr (FY 2024) | •••• | •••• | -68.0% | •••• | Lucknow, Uttar Pradesh, India |
| Vee Square Hitech Infra Private Limited this company | ₹4.18 Cr (FY 2023) | •••• | •••• | -83.0% | •••• | Navi Mumbai, Maharashtra, India |
| Dhruv Farms and Housing Private Limited | ₹4.18 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Red Organisers Private Limited | ₹4.18 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Vadodara, Gujarat, India |
| Grande Castello Private Limited | ₹4.18 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Cubix Homes Private Limited | ₹4.17 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | New Delhi, Delhi, India |
| Buildwell Infradevelopers Private Limited | ₹4.17 Cr (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Vee Square Hitech Infra by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vee Square Hitech Infra Private Limited
Vee Square Hitech Infra Private Limited is audited by B. P. Rakholiya & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. P. Rakholiya & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vee Square Hitech Infra Private Limited
Vee Square Hitech Infra has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishandas Satramdas Lakhani | Additional Director | 30 Oct 2023 | 2 Years 11 Months | As last reported |
| Sunny Vijay Lakhani Also directs: Vee Square Hitech Infra LLP, PBG Mall Management Private Limited, Vee Square Galleria Private Limited and 5 more | Director | 04 Jan 2008 | 18 Years 9 Months | As last reported |
| Vijay Ravjibhai Gajra Also directs: K. G. Rajpurohit Smart Builders LLP, Ellora Homeland LLP, Ellora Struc-Con LLP and 5 more | Director | 04 Jan 2008 | 18 Years 9 Months | As last reported |
Ownership and Shareholding of Vee Square Hitech Infra Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vee Square Hitech Infra Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2008 | Pegasus Group Nineteen Trust I - Pegasus Assets Reconstruction Private Limited | ₹50 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Vee Square Hitech Infra Private Limited
Vee Square Hitech Infra Private Limited has 3 court cases on record: 2 filed by Vee Square Hitech Infra, 1 filed against it. 1 case is pending and 2 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed by the company against Lavina Estates Pvt Ltd | Pending |
| Bombay High Court | Court case (CHS) | Filed by the company against Lavina Estates Pvt Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Pegasus Assets Reconstruction Company Private Limited | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vee Square Hitech Infra Private Limited
Employment history and EPFO contributions of people linked to Vee Square Hitech Infra.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vee Square Hitech Infra Private Limited
Vee Square Hitech Infra Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Vishandas Satramdas Lakhani was appointed as Additional Director on 30 Oct 2023.
Credit Ratings, Litigation & Regulatory Alerts for Vee Square Hitech Infra Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vee Square Hitech Infra Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vee Square Hitech Infra Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vee Square Hitech Infra Private Limited
Vee Square Hitech Infra has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vee Square Hitech Infra Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vee Square Hitech Infra Private Limited
Vee Square Hitech Infra 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.
Vee Square Hitech Infra was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 January 2008 and is registered under CIN U45202MH2008PTC177372. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Vee Square Hitech Infra is U45202MH2008PTC177372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vee Square Hitech Infra had 3 directors:
- Vishandas Satramdas Lakhani - Additional Director
- Sunny Vijay Lakhani - Director
- Vijay Ravjibhai Gajra - Director
Vee Square Hitech Infra was incorporated on 04 January 2008. It is registered with the Registrar of Companies, Mumbai.
Vee Square Hitech Infra can be reached through the website palmbeachgalleria.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Vee Square Hitech Infra is at Management Office Palm Beach Gallaria Plot No – 17 Sector 19B Off – Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400705.
Vee Square Hitech Infra reported revenue of ₹4.18 Cr for FY 2023 (down 83% YoY).
Vee Square Hitech Infra has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr.
Vee Square Hitech Infra reported a net profit of ₹32,807 (net margin 0.1%) and EBITDA of ₹32,807 (EBITDA margin 0.1%) for FY 2023, as per its filed financial statements.
No. Vee Square Hitech Infra has 2 GST registrations on record and all of them are cancelled or inactive.