About VGS Realty Construction Private Limited
Data last updated:
VGS Realty Construction Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Omkar Realtors & Developers Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 December 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH2012PTC238665. Its GSTIN is 27AAECV2892E1Z5 (Maharashtra).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.9 Cr. It is led by directors including Ganesh Ashok Nanaware and Subhash Sahadev Barkunta.
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 is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹74.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.4 Cr (net margin 7.3%) and EBITDA of ₹9.42 Cr (EBITDA margin 12.7%). Revenue has declined at a compounded annual rate (CAGR) of 109% over three years and 9% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹343.92 Cr on record. Court records list 22 cases involving the company, including 7 filed by the company and 13 filed against it; 3 cases are pending.
The last known website on record is omkar.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPopular Metal Works Tatya Tope Marg, Joglekarwadi Sion Fish Mkt Sion (E), Mumbai, Maharashtra, India – 400022
- 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 VGS Realty Construction Private Limited
The main business activity of VGS Realty Construction 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 VGS Realty Construction Private Limited FY 2023 filings available
VGS Realty Construction Private Limited reported revenue of ₹74.45 Cr (up 542% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of VGS Realty Construction Private Limited
Revenue rose 542% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 542% 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 VGS Realty Construction 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 | ₹74.45 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.4 Cr | •••• | •••• | •••• | •••• |
| 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 VGS Realty Construction Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.3% | •••• | •••• | •••• | •••• |
| 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 VGS Realty Construction 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 VGS Realty Construction Private Limited
VGS Realty Construction Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Its own revenue is ₹74.45 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bihar State Building Construction Corporation Limited | ₹74.73 Cr | ₹31.76 Cr | 42% | +33% | Patna, Bihar, India | |
| Nivasan Homes Private Limited | ₹74.67 Cr | ₹5.41 Cr | 7% | +1963% | Coimbatore, Tamil Nadu, India | |
| Starcity Real Estates Private Limited | ₹74.61 Cr | ₹8.08 Cr | -11% | -72% | 71 | Gautam Budh Nagar, Uttar Pradesh, India |
| Meitram Construction Private Limited | ₹74.54 Cr | ₹6.34 Cr | 9% | +104% | 2 | Taothong Village, Manipur, India |
| S.V. Infra Holdings Limited | ₹74.53 Cr | ₹4.56 Cr | 6% | +28% | Bangalore, Karnataka, India | |
| VGS Realty Construction Private Limited this company | ₹74.45 Cr | ₹5.4 Cr | 7.3% | Mumbai, Maharashtra, India | ||
| Goldfinch Resorts Private Limited | ₹74.36 Cr | ₹5.04 Cr | 7% | -34% | 157 | Goa, India |
| Vaishnavi Infracon India Private Limited | ₹74.36 Cr | ₹6.63 Cr | 9% | +64% | 56 | Hyderabad, Telangana, India |
| Pushkar Properties Private Limited | ₹74.34 Cr | ₹2.91 Cr | 4% | +15% | 48 | Chennai, Tamil Nadu, India |
| Wisdom Colonizers Private Limited | ₹74.34 Cr | ₹24.16 Cr | 32% | +11% | Noida, Uttar Pradesh, India | |
| Nexgen Infracon Private Limited | ₹74.24 Cr | ₹36.45 Cr | -49% | -54% | 45 | Delhi, India |
Peers are the five companies nearest above and the five nearest below VGS Realty Construction by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Auditor Details of VGS Realty Construction Private Limited
VGS Realty Construction Private Limited is audited by Neelesh Jain & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Neelesh Jain & Associates | 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 VGS Realty Construction Private Limited
VGS Realty Construction has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Ashok Nanaware Also directs: Kinetic Petroleum Private Limited, Foremost Realtors Private Limited, Cosma Realtors Private Limited and 5 more | Director | 01 Mar 2021 | 5 Years 7 Months | As last reported |
| Subhash Sahadev Barkunta Also directs: Vedarambh Properties LLP, Kinetic Petroleum Private Limited, Foremost Realtors Private Limited and 5 more | Director | 24 Jun 2020 | 6 Years 3 Months | As last reported |
| Dilip Vasudeo Gupta Also directs: Kamla Lifesciences Limited | Irp/Rp/Liquidator | 10 Dec 2024 | 1 Years 9 Months | As last reported |
Ownership and Shareholding of VGS Realty Construction 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 VGS Realty Construction Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2022 | Others | ₹2.9 Cr | Satisfied |
| 12 Nov 2021 | Others | ₹5.02 Cr | Satisfied |
| 27 Dec 2017 | Others | ₹62 Cr | Satisfied |
| 29 Jan 2016 | Others | ₹184 Cr | Satisfied |
| 11 Sep 2013 | State Bank of India | ₹90 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of VGS Realty Construction Private Limited
VGS Realty Construction Private Limited has 22 court cases on record: 7 filed by VGS Realty Construction, 13 filed against it, 2 where it is another party. 3 cases are pending and 19 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 12 | 3 |
| High courts | 7 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Relcon Infraprojects Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Relcon Infraprojects Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Relcon Infraprojects Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Radha Madhav Investments Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
Full case history
All 22 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 VGS Realty Construction Private Limited
VGS Realty Construction Private Limited has a workforce of 49 employees as of Mar 28, 2024.
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 VGS Realty Construction Private Limited
VGS Realty Construction Private Limited has 13 board changes on record since 2013: 3 appointments and 10 cessations. The latest: Dilip Vasudeo Gupta was appointed as Irp/Rp/Liquidator on 10 Dec 2024.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for VGS Realty Construction 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 VGS Realty Construction 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 VGS Realty Construction 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 VGS Realty Construction Private Limited
VGS Realty Construction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV2892E1Z5 | Maharashtra | Active | 01 Jul 2017 |
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 VGS Realty Construction 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 VGS Realty Construction Private Limited
VGS Realty Construction is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
VGS Realty Construction is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 December 2012 and is registered under CIN U70101MH2012PTC238665. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
VGS Realty Construction reported revenue of ₹74.45 Cr for FY 2023 (up 542% YoY).
VGS Realty Construction has 3 current directors:
- Ganesh Ashok Nanaware - Director
- Subhash Sahadev Barkunta - Director
- Dilip Vasudeo Gupta - Irp/Rp/Liquidator
VGS Realty Construction reported a net profit of ₹5.4 Cr (net margin 7.3%) and EBITDA of ₹9.42 Cr (EBITDA margin 12.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of VGS Realty Construction is 109% over three years and -9% over five years. In the latest year (FY 2023) revenue rose 542%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of VGS Realty Construction is U70101MH2012PTC238665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VGS Realty Construction has no open charges and satisfied charges of ₹343.92 Cr as per latest MCA filings.
VGS Realty Construction has 22 court cases on record: 7 filed by the company and 13 filed against it. 3 are pending. Most are in the district courts.
VGS Realty Construction was incorporated on 10 December 2012. It is registered with the Registrar of Companies, Mumbai.
The peers of VGS Realty Construction by revenue are Bihar State Building Construction Corporation Limited, Nivasan Homes Private Limited, Starcity Real Estates Private Limited, Meitram Construction Private Limited, S.V. Infra Holdings Limited and 5 more, all in the Real Estate industry (Builders and Developers).