About VGS Estates Private Limited
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VGS Estates Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70200TN2009PTC073547. Its GSTIN is 33AADCV1287A2ZP (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.31 Cr. It was formerly known as Vels Holding and Investments Private Limited. It is led by directors Isari Arthi Ganesh and Ishari Ganesh Kadhirvelan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 521/2 Anna Salai Nandanam, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.15 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹10.92 Cr (net margin -212%) and EBITDA of -₹6.71 Cr (EBITDA margin -130.1%). Revenue has grown at a compounded annual rate (CAGR) of 404% over three years.
The company is associated with 1 brand: Vgs Estates. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹9.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vgsestates.com.
Company details
CIN history
VGS Estates has one previous CIN (Corporate Identification Number): U65993TN2009PTC073547. The current CIN is U70200TN2009PTC073547, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200TN2009PTC073547 | Current |
| U65993TN2009PTC073547 | Previous |
Contact details
VGS Estates Private Limited's registered office is in Chennai, Tamil Nadu. Its website is vgsestates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address521/2 Anna Salai Nandanam, Chennai, Tamil Nadu, India – 600035
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of VGS 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
Brands
VGS Estates operates one associated brand: Vgs Estates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for residential and commercial properties. | vgsestates.com |
Business activity
The main business activity of VGS Estates is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of VGS Estates Private Limited, buy the company report.
Financials of VGS Estates Private Limited
FY 2024 filings availableVGS Estates Private Limited reported revenue of ₹5.15 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 404%. EBITDA rose 20% 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 | -₹6.71 Cr | ||||
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| Net Profit (PAT) | -₹10.92 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -130.1% | ||||
| Net Profit Margin | -212% | ||||
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To see the full financial statements and ratios of VGS Estates Private Limited, buy the company report.
Board of directors of VGS Estates Private Limited
VGS Estates has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Isari Arthi Ganesh | Director | 16 Nov 2009 | 16 Years 11 Months | Current |
| Ishari Ganesh Kadhirvelan | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
VGS Estates Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Tanny Shelters Private Limited | ₹5.16 Cr (FY 2024) | -42.0% | Coimbatore, Tamil Nadu, India | |||
| K2 Engineers Private Limited | ₹5.16 Cr (FY 2024) | -11.0% | Chennai, Tamil Nadu, India | |||
| VGS Estates Private Limitedthis company | ₹5.15 Cr (FY 2025) | -₹10.92 Cr | -212% | -3.0% | Chennai, Tamil Nadu, India | |
| Ria Constructions Limited | ₹5.15 Cr (FY 2017) | -49.0% | Chandigarh, India | |||
| Ar Raheem Al Karim Construction Private Limited | ₹5.14 Cr (FY 2024) | 74.0% | Amravati, Maharashtra, India |
To see the full peer comparison of VGS Estates Private Limited, buy the company report.
Auditor
VGS Estates Private Limited is audited by SRBR & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBR & Associates LLP | FY 2023 | 004997S/S200051 |
Shareholding
The shareholding of VGS 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of VGS Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2021 | 100470515 | Others | ₹15 Cr | Open | |
| 28 Sep 2017 | 100151823 | Others | ₹15 Cr | Open | |
| 02 Feb 2010 | 10207435 | Tamilnad Mercantile Bank Limited | ₹9.8 Cr | Satisfied |
To see the full charge records of VGS Estates Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving VGS Estates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VGS Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VGS Estates has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCV1287A2ZP | Tamil Nadu | Active | 08 Apr 2025 |
To see the full GST registrations and return filing status of VGS Estates Private Limited, buy the company report.
Recent activity
VGS Estates Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Srinivasan Srivathsan ceased to be Company Secretary on 30 Sep 2022.
Frequently asked questions
VGS 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 16 November 2009 (17+ years old) and is registered under CIN U70200TN2009PTC073547.
VGS Estates has 2 current directors:
- Isari Arthi Ganesh - Director
- Ishari Ganesh Kadhirvelan - Director
The latest financial statements of VGS Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of VGS Estates is 33AADCV1287A2ZP, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of VGS Estates is U70200TN2009PTC073547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VGS Estates was incorporated on 16 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of VGS Estates by revenue are Tanny Shelters Private Limited, K2 Engineers Private Limited, Ria Constructions Limited, Ar Raheem Al Karim Construction Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Srinivasan Srivathsan ceased to be Company Secretary on 30 Sep 2022. Ishari Ganesh Kadhirvelan was appointed as Director on 01 Oct 2014. Ishari Ganesh Kadhirvelan ceased to be Director on 18 May 2011. VGS Estates has 5 board changes on record in total.
VGS Estates can be reached through the website vgsestates.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of VGS Estates is at 5212 Anna Salai Nandanam, Chennai, Tamil Nadu, India – 600035.
VGS Estates operates in the real estate and construction industry, in the real estate builders and developers segment.