Videocon Developers Limited
About Videocon Developers Limited
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Videocon Developers Limited is a public limited company based in Aurangabad, Maharashtra, India, a subsidiary of Videocon Realty And Infrastructures Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26400MH2010PLC208000. Its GSTIN is 27AADCV4190Q1ZM (Maharashtra).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹50 Cr. It is led by directors including Vinod Ramdas Chatur and Pravin Khandelwal.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Aurangabad, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.01 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹10.25 Cr (net margin -170.6%) and EBITDA of -₹10.25 Cr (EBITDA margin -170.6%). Revenue has grown at a compounded annual rate (CAGR) of 291% over five years.
As per MCA filings, the company has satisfied charges of ₹82 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Videocon Developers has one previous CIN (Corporate Identification Number): U70102MH2010PLC208000. The current CIN is U26400MH2010PLC208000, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26400MH2010PLC208000 | Current |
| U70102MH2010PLC208000 | Previous |
Contact details
Videocon Developers Limited's registered office is in Aurangabad, Maharashtra.
- Registered AddressFlat No. A – 3 First Floor Nandini Residency, Gut No. 96 Naik Nagar Deolai, Aurangabad, Maharashtra, India – 431007
- 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
Business activity
The main business activity of Videocon Developers 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 Videocon Developers Limited, buy the company report.
Financials of Videocon Developers Limited
FY 2019 filings availableVideocon Developers Limited reported revenue of ₹6.01 Cr (down 61% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 291%. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹10.25 Cr | ||||
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| Net Profit (PAT) | -₹10.25 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -170.6% | ||||
| Net Profit Margin | -170.6% | ||||
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To see the full financial statements and ratios of Videocon Developers Limited, buy the company report.
Board of directors of Videocon Developers Limited
Videocon Developers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Ramdas Chatur | Additional Director | 09 Dec 2020 | 5 Years 11 Months | Current |
| Pravin Khandelwal | Additional Director | 09 Dec 2020 | 5 Years 11 Months | Current |
| Purushottam Dongrajkar Also directs: Electroparts (India) Private Limited, Universal Digital Connect Limited, Hindustan Oil Ventures Limited and 3 more | Additional Director | 09 Dec 2020 | 5 Years 11 Months | Current |
| Deepak Anant Pednekar | Additional Director | 21 May 2018 | 8 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2017 | 100112550 | Others | ₹71 Cr | Satisfied | |
| 23 Feb 2017 | 100117363 | Others | ₹11 Cr | Satisfied |
To see the full charge records of Videocon Developers Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Videocon Developers Limited has 4 court cases on record: 1 filed by Videocon Developers, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company | Pending |
| Bombay High Court | Court case (CHOL) | Filed against the company | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against individuals | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Disposed |
To see the full case history of Videocon Developers 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 Videocon Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Videocon Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV4190Q1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Videocon Developers Limited, buy the company report.
Recent activity
Videocon Developers Limited has 9 board changes on record since 2015: 4 appointments and 5 cessations. The latest: Pravin Khandelwal was appointed as Additional Director on 09 Dec 2020.
5 earlier events are in the company report.
Frequently asked questions
Videocon Developers is an active public limited company based in Aurangabad, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 September 2010 (16+ years old) and is registered under CIN U26400MH2010PLC208000.
Videocon Developers has 4 current directors:
- Vinod Ramdas Chatur - Additional Director
- Pravin Khandelwal - Additional Director
- Purushottam Dongrajkar - Additional Director
- Deepak Anant Pednekar - Additional Director
The latest financial statements of Videocon Developers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Videocon Developers is 27AADCV4190Q1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Videocon Developers is U26400MH2010PLC208000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Videocon Developers has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.
Videocon Developers was incorporated on 21 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Pravin Khandelwal was appointed as Additional Director on 09 Dec 2020. Purushottam Dongrajkar was appointed as Additional Director on 09 Dec 2020. Sanjay Shantilal Gandhi ceased to be Director on 09 Dec 2020. Videocon Developers has 9 board changes on record in total.
The registered office of Videocon Developers is at Flat No. A – 3 First Floor Nandini Residency, Gut No. 96 Naik Nagar Deolai, Aurangabad, Maharashtra, India – 431007.
Videocon Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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