About Vikram Structures Private Limited
Data last updated:
Vikram Structures Private Limited is a private limited company based in Bengaluru, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 April 2008.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2008PTC046249. Its GSTIN is 29AACCV7854J1ZO (Karnataka).
The company has an authorised share capital of ₹11.75 Cr and a paid-up capital of ₹4.19 Cr. It is led by directors Vikram Prabhakar (Managing Director) and Manjunath Ravindra.
Its last annual general meeting (AGM) was held on 13 April 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at First And Second Floor No. 194 Sankey Road Sadashivnagar, Bengaluru, Karnataka, India – 560080.
As per the financials filed for FY 2022, the company reported a revenue of ₹26.73 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹23.69 Cr and EBITDA of -₹21.34 Cr. Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 62% over five years.
The company has about 53 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: VSPL. As per MCA filings, the company has open charges of ₹24.06 Cr and satisfied charges of ₹44.72 Cr on record. Court records list 82 cases involving the company, including 9 filed by the company and 73 filed against it; 23 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.77 Cr; the latest was in August 2015.
The last known website on record is vspl.org.
Company details
Contact details
Vikram Structures Private Limited's registered office is in Bengaluru, Karnataka. Its website is vspl.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst And Second Floor No. 194 Sankey Road Sadashivnagar, Bengaluru, Karnataka, India – 560080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vikram Structures 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 Vikram Structures 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 |
Financials of Vikram Structures Private Limited
FY 2022 filings availableVikram Structures Private Limited reported revenue of ₹26.73 Lakh (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years. EBITDA rose 65% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.73 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹21.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.69 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Vikram Structures Private Limited, buy the company report.
Board of directors of Vikram Structures Private Limited
Vikram Structures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Ravindra Also directs: VSPL Projects Private Limited, Ramsons Vikram Private Limited | Director | 11 Jun 2012 | 14 Years 4 Months | As last reported |
| Vikram Prabhakar Also directs: VSPL Projects Private Limited, Ramsons Vikram Private Limited | Managing Director | 29 Apr 2008 | 18 Years 5 Months | As last reported |
Auditor
Vikram Structures Private Limited is audited by VELICHETY & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VELICHETY & CO. | FY 2022 | 04588S |
Shareholding
The shareholding of Vikram Structures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vikram Structures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2018 | 100152830 | Others | ₹3 Cr | Open | |
| 30 Jun 2017 | 100112727 | Others | ₹6 Cr | Open | |
| 18 May 2017 | 100100920 | Others | ₹10 Cr | Open | |
| 28 Oct 2015 | 10601217 | Il & Fs Trust Company Limited | ₹1 Lakh | Open | |
| 03 Oct 2015 | 10602262 | Union Bank of India | ₹4.8 Lakh | Open |
To see the full charge records of Vikram Structures Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Vikram Structures Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.77 Cr; the latest was in August 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2015 | Funding round | ₹9.77 Cr | Investors: 4 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vikram Structures Private Limited has 82 court cases on record: 9 filed by Vikram Structures, 73 filed against it. 23 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 57 | 53 | 13 |
| NCLAT | 9 | 7 | 6 |
| High courts | 8 | 6 | 2 |
| NCLT | 7 | 6 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by M/S. Authum Investment and Infrastructure Ltd | Pending |
| NCLAT, Court IV | Tribunal matter | Filed by the company against Mentor Capital Limited & Ors and 12 others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Innovent Spaces Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Megatron Solutions Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Megatron Solutions Pvt Ltd | Disposed |
To see the full case history of Vikram Structures 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 Vikram Structures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vikram Structures has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| VSPL Projects Private Limited | U70100KA2015PTC081814 | |
| Ramsons Vikram Private Limited | U70102KA2015PTC084043 |
To see the full group structure of Vikram Structures Private Limited, buy the company report.
Employees & EPFO
Vikram Structures Private Limited has a workforce of 53 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Vikram Structures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV7854J1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikram Structures Private Limited, buy the company report.
Recent activity
Vikram Structures Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Bagalagunte Munikondappa Sreenivasa ceased to be Additional Director on 02 Mar 2018.
28 earlier events are in the company report.
Frequently asked questions
Vikram Structures is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Vikram Structures is a company under liquidation, formerly operating as a private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 April 2008 and is registered under CIN U45200KA2008PTC046249. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vikram Structures has 2 current directors:
- Vikram Prabhakar - Managing Director
- Manjunath Ravindra - Director
The latest financial statements of Vikram Structures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 13 April 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vikram Structures is U45200KA2008PTC046249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikram Structures has open charges of ₹24.06 Cr and satisfied charges of ₹44.72 Cr as per latest MCA filings.
Vikram Structures has 82 court cases on record: 9 filed by the company and 73 filed against it. 23 are pending. Most are in the district courts.
Vikram Structures was incorporated on 29 April 2008. It is registered with the Registrar of Companies, Bangalore.
Vikram Structures has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.77 Cr; the latest was in August 2015.
Bagalagunte Munikondappa Sreenivasa ceased to be Additional Director on 02 Mar 2018. Chinnappa Nagaraj ceased to be Additional Director on 02 Mar 2018. Meenakshi Chandrashekar ceased to be Additional Director on 02 Mar 2018. Vikram Structures has 8 board changes on record in total.