Victory Buildestates Private Limited
About Victory Buildestates Private Limited
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Victory Buildestates Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Adarsh Buildestate Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U45400HR2011PTC043634. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Bharat Das Vaishnav and Vaibhav Lodha.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Shop No – GF 116 – G Sushant Shopping Arcade Building Sushant Lok Phase I, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.29 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹3.36 Lakh (net margin -2.6%) and EBITDA of -₹3.36 Lakh (EBITDA margin -2.6%).
As per MCA filings, the company has open charges of ₹68.93 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Victory Buildestates Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressShop No – GF 116 – G Sushant Shopping Arcade Building Sushant Lok Phase I, Gurgaon, Haryana, India – 122002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Victory Buildestates 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 activity of Victory Buildestates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Victory Buildestates Private Limited, buy the company report.
Financials of Victory Buildestates Private Limited
FY 2017 filings availableVictory Buildestates Private Limited reported revenue of ₹1.29 Cr (down 67% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year. EBITDA fell 101% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.29 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.36 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.36 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -2.6% | ||
| Net Profit Margin | -2.6% | ||
| 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 | |||
To see the full financial statements and ratios of Victory Buildestates Private Limited, buy the company report.
Board of directors of Victory Buildestates Private Limited
Victory Buildestates 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 |
|---|---|---|---|---|
| Bharat Das Vaishnav Also directs: Big Blue Developers Private Limited, Primetime Infra Projects Private Limited, Pan Infratech Private Limited and 3 more | Director | 06 Jul 2015 | 11 Years 3 Months | Current |
| Vaibhav Lodha | Director | 20 Nov 2013 | 12 Years 11 Months | Current |
Auditor
Victory Buildestates Private Limited is audited by ABHAY K SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAY K SHAH & ASSOCIATES | FY 2017 | 015298C |
Shareholding
The shareholding of Victory Buildestates Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Victory Buildestates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2011 | 10331687 | Others | ₹68.93 Cr | Open |
To see the full charge records of Victory Buildestates Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Victory Buildestates Private Limited has 9 court cases on record: 2 filed by Victory Buildestates, 7 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 2 |
| High courts | 2 | 2 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Appeal | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Appeal | Filed against the company by an individual | Pending |
| NCLAT, Court III | Tribunal matter | Filed by the company against Union of India | Pending |
| High Court of Delhi | Court case (CRL.L.P.) | Filed against the company by M/S Millennium Engineers | Disposed |
| District court, Rewari, Haryana | Execution petition | Filed against the company by individuals | Disposed |
To see the full case history of Victory Buildestates 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 Victory Buildestates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Victory Buildestates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Victory Buildestates Private Limited, buy the company report.
Recent activity
Victory Buildestates Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Bhupinder Singh ceased to be Director on 09 Apr 2018.
Frequently asked questions
Victory Buildestates is an active private limited company based in Gurgaon, Haryana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 August 2011 (15+ years old) and is registered under CIN U45400HR2011PTC043634.
Victory Buildestates has 2 current directors:
- Bharat Das Vaishnav - Director
- Vaibhav Lodha - Director
The latest financial statements of Victory Buildestates on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Victory Buildestates has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Victory Buildestates is U45400HR2011PTC043634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victory Buildestates has 9 court cases on record: 2 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Victory Buildestates was incorporated on 10 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Haryana.
Bhupinder Singh ceased to be Director on 09 Apr 2018. Sudhir Punia ceased to be Director on 08 Jul 2015. Bharat Das Vaishnav was appointed as Director on 06 Jul 2015. Victory Buildestates has 6 board changes on record in total.
The registered office of Victory Buildestates is at Shop No – GF 116 – G Sushant Shopping Arcade Building Sushant Lok Phase I, Gurgaon, Haryana, India – 122002.
Victory Buildestates operates in the real estate and construction industry, in the real estate builders and developers segment.