Vees Properties Limited Company Logo

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
Last Updated:

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

  • 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 Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 31.73 Cr
  • Company Age 51 Year, 1 Month
  • 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 2025-2026

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

NameDesignationAppointment DateStatus
Pitchaiah PitchaiahWhole-Time Director02 Jul 2019Current
Veerabahu SubramanianWhole-Time Director02 Jul 2019Current
Meenakshi Sundaram Sankaram PillaiDirector11 Aug 2018Current
Balan AnandhiCfo11 Aug 2018Current
Shrinivasan Venkatachalam KrishnanDirector11 Aug 2018Current
Gigi GeorgeWhole-Time Director01 Mar 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director30 Jun 2017Past
Pramod AbcsddDirector01 Apr 2007Past
Pramod AbcsddAdditional Director02 Jul 2019Past
Pramod AbcsddAdditional Director02 Jul 2019Past
Pramod AbcsddAdditional Director29 Sep 2015Past
Pramod AbcsddAdditional Director09 Jun 2014Past

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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
  • 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
1211.85%
Revenue from Operations
1211.85%
Total Assets
-10.23%
Profit or Loss
-75.99%
Net Worth
0.01%
EBITDA
8473.60%

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.

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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

DateLenderAmountStatus
28 Sep 2017Others₹15.00 CrOpen
25 Mar 2015Reliance Home Finance Limited₹17.75 CrOpen
05 Mar 2012Housing Development Finance Corporation Limited₹11.95 CrOpen
30 Oct 2014Reliance Capital Ltd₹17.79 CrSatisfied
07 Mar 2013Icici Bank Limited₹95.00 CrSatisfied

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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 growth trends for Vees Properties Limited

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

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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

    A charge registered on 04 Dec 2012 via Charge ID 10389788 with Icici Bank Limited was fully satisfied on 08 Jul 2022. was recorded as a recent event.

  • Balance Sheet

    Vees Properties Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai. was recorded as a recent event.

  • Charges

    A charge registered on 02 Jan 2013 via Charge ID 10401081 with Canara Bank was fully satisfied on 29 Mar 2022. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 07 Mar 2013 via Charge ID 10410034 with Icici Bank Limited was fully satisfied on 29 Sep 2020. was documented.

  • Director Appointment

    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 6 years 6 months . was recorded as a recent event.

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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