Vees Properties Limited - Company Profile

It is a real estate and construction public limited company based in Chennai, Tamil Nadu, India, established in 1974.
1974 Chennai, Tamil Nadu, India Active
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About Vees Properties Limited

Vees Properties Limited, a active public limited company, was established on 30 November 1974 in Chennai, Tamil Nadu, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U31909TN1974PLC006798. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹31.73 Cr.

Formerly known as Kgeyes Estates Limited, Kgs Developers Private Limited. It upholds a active non-compliant status. Its leadership includes Pitchaiah Pitchaiah (Whole-Time Director), Veerabahu Subramanian (Whole-Time Director), Meenakshi Sundaram Sankaram Pillai (Director). Past directors included Kumaran Kandasamy, Pitchaiya Velayutham Sanmugam, Pitchaiah Pitchaiah. It holds ₹44.70 Cr open charges and ₹300.52 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at No.10, 2Nd Cross Street Raja Annamalaipuram, Chennai, Tamil Nadu, 600028.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U31909TN1974PLC006798

  • Registration Number

    006798

  • Incorporation Date

    30 November 1974

  • Authorized Capital

    ₹50.00 Cr

  • Paid-Up Capital

    ₹31.73 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 31.73 Cr
  • Company Age 51 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 44.70 Cr
  • Satisfied Charges ₹ 300.52 Cr
  • Revenue Growth **** 1211.85%
  • Profit Growth **** -75.99%
  • Ebitda **** 8473.60%
  • Net Worth 0.01%
  • Total Assets -10.23%
Company report

Vees Properties Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Vees Properties Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vees Properties Limited?
Current Directors
Name Designation Appointment Date Status
Pitchaiah Pitchaiah Whole-Time Director 02 Jul 2019 Current
Veerabahu Subramanian Whole-Time Director 02 Jul 2019 Current
Meenakshi Sundaram Sankaram Pillai Director 11 Aug 2018 Current
Balan Anandhi Cfo 11 Aug 2018 Current
Shrinivasan Venkatachalam Krishnan Director 11 Aug 2018 Current
Gigi George Whole-Time Director 01 Mar 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 30 Jun 2017 Past
Pramod Abcsdd Director 01 Apr 2007 Past
Pramod Abcsdd Additional Director 02 Jul 2019 Past
Pramod Abcsdd Additional Director 02 Jul 2019 Past
Pramod Abcsdd Additional Director 29 Sep 2015 Past
Pramod Abcsdd Additional Director 09 Jun 2014 Past

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Financial Performance of Vees Properties.

Vees Properties Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1211.85% increase. The company also saw a substantial fall in profitability, with a 75.99% decrease in profit. The company's net worth moved up by a moderate rise of 0.01%.

Vees Properties revenue growth over time
Vees Properties profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 1211.85%
*******
*******
*******
*******
Revenue from Operations
*******
 1211.85%
*******
*******
*******
*******
Total Assets
*******
 -10.23%
*******
*******
*******
*******
Profit or Loss
*******
 -75.99%
*******
*******
*******
*******
Net Worth
*******
 0.01%
*******
*******
*******
*******
EBITDA
*******
 8473.60%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Vees Properties?

In 2022, Vees Properties had a promoter holding of 89.31% and a public holding of 10.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹447,000,000.00

Satisfied Charges

₹3,005,231,785.00

Charges Breakdown by Lending Institutions
  • Reliance Home Finance Limited : 17.75 Cr
  • Others : 15.00 Cr
  • Housing Development Finance Corporation Limited : 11.95 Cr
Latest Charge Details
Date Lender Amount Status
28 Sep 2017 Others ₹15.00 Cr Open
25 Mar 2015 Reliance Home Finance Limited ₹17.75 Cr Open
05 Mar 2012 Housing Development Finance Corporation Limited ₹11.95 Cr Open
30 Oct 2014 Reliance Capital Ltd ₹17.79 Cr Satisfied
07 Mar 2013 Icici Bank Limited ₹95.00 Cr Satisfied

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How Many Employees Work at Vees Properties?

Unlock and access historical data on people associated with Vees Properties, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vees Properties, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vees Properties's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Vees Properties
Recent Activity within the Organization
  • Annual General Meeting

    Vees Properties Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge registered on 04 Dec 2012 via Charge ID 10389788 with Icici Bank Limited was fully satisfied on 08 Jul 2022. was completed.

  • Balance Sheet

    Progress on Vees Properties Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai. was documented.

  • Charges

    The activity A charge registered on 02 Jan 2013 via Charge ID 10401081 with Canara Bank was fully satisfied on 29 Mar 2022. was completed.

  • Charges

    A charge registered on 07 Mar 2013 via Charge ID 10410034 with Icici Bank Limited was fully satisfied on 29 Sep 2020. was recorded as a recent event.

  • Director Appointment

    Progress on Pitchaiah Pitchaiah was appointed as a Whole-time director was appointed as a Whole-time director on 02 Jul 2019 & has been associated with this company since 7 years 2 days . was documented.

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Frequently Asked Questions
What is the CIN of Vees Properties Limited?

The CIN of Vees Properties Limited is U31909TN1974PLC006798.

Where is Vees Properties Limited headquartered?

Vees Properties Limited is headquartered at No.10, 2Nd Cross Street Raja Annamalaipuram, Chennai, Tamil Nadu, 600028.

When was Vees Properties Limited incorporated?

Vees Properties Limited was incorporated on 30 November 1974.

Who are the current directors of Vees Properties Limited?

The current directors of Vees Properties Limited are

What is the primary industry of Vees Properties Limited?

The primary industry of Vees Properties Limited is Construction.

Is Vees Properties Limited a listed company?

Vees Properties Limited is unlisted.

What is the capital structure of Vees Properties Limited?

The authorized capital of Vees Properties Limited is ₹50.00 Cr, and the paid-up capital is ₹31.73 Cr.

What is the compliance status of Vees Properties Limited?

The compliance status of Vees Properties Limited is Active Non-Compliant.

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