About VGN Projects Estates Private Limited
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VGN Projects Estates Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Vgn One Holdings Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70102TN2008PTC066788. Its GSTIN is 33AACCV7450L1Z3 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹110.01 Cr and a paid-up capital of ₹110.01 Cr. It was formerly known as Vgn Developers Private Limited and Vgn Property Developers Private Limited. It is led by directors including Pratish Vedhappudi (Managing Director) and Thulasiram Moorthy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Y – 222 Vgn Kimberly Towers 2nd Avenue Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2025, the company reported a revenue of ₹162.02 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Cr (net margin 0.8%) and EBITDA of ₹13.93 Cr (EBITDA margin 8.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 25% over five years.
The company has about 98 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: VGN. As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹2,839.75 Cr on record. Court records list 326 cases involving the company, including 201 filed by the company and 125 filed against it; 100 cases are pending. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹134.99 Cr; the latest was in March 2017. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 2 smaller; the largest is Sas Itower Private Limited with revenue of ₹163.38 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vgn.in.
Company details
Name history
VGN Projects Estates has undergone 2 name changes throughout its history. The company was previously known as Vgn Developers Private Limited, and Vgn Property Developers Private Limited. The current legal name is Vgn Projects Estates Private Limited.
| Company Name | Status |
|---|---|
| VGN Projects Estates Private Limited | Current |
| Vgn Developers Private Limited | Previous |
| Vgn Property Developers Private Limited | Previous |
Contact details
VGN Projects Estates Private Limited's registered office is in Chennai, Tamil Nadu. Its website is vgn.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressY – 222 Vgn Kimberly Towers 2nd Avenue Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of VGN Projects Estates 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
Business activity
The main business activities of VGN Projects Estates are construction and real estate. In detail, this covers buildings and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of VGN Projects Estates Private Limited, buy the company report.
Financials of VGN Projects Estates Private Limited
FY 2025 filings availableVGN Projects Estates Private Limited reported revenue of ₹162.02 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 53% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13.93 Cr | ||||
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| Net Profit (PAT) | ₹1.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of VGN Projects Estates Private Limited, buy the company report.
Board of directors of VGN Projects Estates Private Limited
VGN Projects Estates has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratish Vedhappudi Also directs: VGN Glasgow Projects Private Limited, VGN Milton Projects Private Limited, VGN Norwich Projects Private Limited and 5 more | Managing Director | 27 Feb 2016 | 10 Years 8 Months | Current |
| Thulasiram Moorthy Also directs: MQ Buildcon Infra India Private Limited, VGN Interiors One Private Limited, Deltaf Techcomm India Private Limited and 3 more | Director | 09 Dec 2025 | 0 Years 10 Months | Current |
| Shankaralingam | Director | 09 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
VGN Projects Estates Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sas Itower Private Limited | ₹163.38 Cr (FY 2023) | Hyderabad, Telangana, India | ||||
| Nice Projects Limited | ₹162.45 Cr (FY 2019) | 1.0% | New Delhi, Delhi, India | |||
| Green Pearl Engineering Construction Corporation Private Limited | ₹162.07 Cr (FY 2025) | -18.0% | Chennai, Tamil Nadu, India | |||
| VGN Projects Estates Private Limitedthis company | ₹162.02 Cr (FY 2025) | ₹1.37 Cr | 0.8% | 10.0% | 98 | Chennai, Tamil Nadu, India |
| Spartan Builders Private Limited | ₹160.75 Cr (FY 2025) | 50.0% | Ahmedabad, Gujarat, India | |||
| Rohan Developers Private Limited | ₹160.75 Cr (FY 2024) | 124.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of VGN Projects Estates Private Limited, buy the company report.
Auditor
VGN Projects Estates Private Limited is audited by Prathiba & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Prathiba & Co | FY 2023 | 012954S |
Shareholding
The shareholding of VGN Projects Estates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VGN Projects Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2025 | 101042153 | Others | ₹100 Cr | Open | |
| 26 Apr 2024 | 100915009 | Idbi Trusteeship Services Limited | ₹165 Cr | Satisfied | |
| 15 Feb 2023 | 100734644 | Others | ₹24 Cr | Satisfied | |
| 06 Jul 2022 | 100591068 | Indian Overseas Bank | ₹3.45 Cr | Satisfied | |
| 25 Mar 2021 | 100435286 | Axis Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of VGN Projects Estates Private Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
VGN Projects Estates Private Limited has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹134.99 Cr; the latest was in March 2017.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Funding round | ₹75 Cr | Investors: VGN One Holdings Private Limited , 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹40 Cr | Investors: VGN One Holdings Private Limited , 3 individuals |
| Nov 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of VGN Projects Estates Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
VGN Projects Estates Private Limited has 326 court cases on record: 201 filed by VGN Projects Estates, 125 filed against it. 100 cases are pending and 226 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 206 | 68 | 62 |
| District courts | 117 | 57 | 38 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 326)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against VGK Builders Pvt Ltd., and 1 other | Pending |
| Madras High Court | Court case (OSA(CAD)) | Filed by the company against VGK Builders Pvt Ltd., and 1 other | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against VGK Builders Pvt Ltd., and 1 other | Disposed |
| Madras High Court | Appeal | Filed against the company by an individual | Pending |
| Madras High Court | Appeal | Filed against the company by an individual | Pending |
To see the full case history of VGN Projects Estates 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 VGN Projects Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
VGN Projects Estates has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Deltaf Techcomm India Private Limited | U72200TN2014PTC095200 |
To see the full group structure of VGN Projects Estates Private Limited, buy the company report.
Employees & EPFO
VGN Projects Estates Private Limited has a workforce of 98 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
VGN Projects Estates has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV7450L1Z3 | Tamil Nadu | Active | 01 Jul 2017 |
| 33AACCV7450L2Z2 | Tamil Nadu | Active | 25 Sep 2023 |
To see the full GST registrations and return filing status of VGN Projects Estates Private Limited, buy the company report.
Recent activity
VGN Projects Estates Private Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Shankaralingam was appointed as Director on 09 Dec 2025.
84 earlier events are in the company report.
Frequently asked questions
VGN Projects Estates is an active private 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 13 March 2008 (18+ years old) and is registered under CIN U70102TN2008PTC066788.
VGN Projects Estates has 3 current directors:
- Pratish Vedhappudi - Managing Director
- Thulasiram Moorthy - Director
- Shankaralingam - Director
The latest financial statements of VGN Projects Estates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of VGN Projects Estates is 33AACCV7450L1Z3, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCV7450L2Z2 (Tamil Nadu).
The CIN (Corporate Identification Number) of VGN Projects Estates is U70102TN2008PTC066788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VGN Projects Estates has 326 court cases on record: 201 filed by the company and 125 filed against it. 100 are pending. Most are in the high courts.
VGN Projects Estates was incorporated on 13 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
VGN Projects Estates has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹134.99 Cr; the latest was in March 2017.
The peers of VGN Projects Estates by revenue are Sas Itower Private Limited, Nice Projects Limited, Green Pearl Engineering Construction Corporation Private Limited, Spartan Builders Private Limited, Rohan Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Shankaralingam was appointed as Director on 09 Dec 2025. Thulasiram Moorthy was appointed as Director on 09 Dec 2025. Thulasiram Moorthy ceased to be Additional Director on 15 Jul 2025. VGN Projects Estates has 15 board changes on record in total.
VGN Projects Estates can be reached through the website vgn.in. Its registered office is in Chennai, Tamil Nadu, India.