Vipkon Property Development Services Pvt Ltd
About Vipkon Property Development Services Pvt Ltd
Data last updated:
Vipkon Property Development Services Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kgk Developers Llp. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1985PTC035267.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.38 Lakh. It is led by directors including Sunil Mohanlal Singhvi and Satish Chunletia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.29 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹3.44 Lakh (net margin -41.5%) and EBITDA of -₹2.79 Lakh (EBITDA margin -33.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
Court records list 8 cases involving the company, including 8 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2020.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vipkon Property Development Services Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Kgk Tower II Dattapada Road Rajendra Nagar Near Ekta Bhoomi Gardens Borival, I (East), Mumbai, Maharashtra, India – 400066
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vipkon Property Development Services Pvt Ltd, 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 Vipkon Property Development Services is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Vipkon Property Development Services Pvt Ltd, buy the company report.
Financials of Vipkon Property Development Services Pvt Ltd
FY 2025 filings availableVipkon Property Development Services Pvt Ltd reported revenue of ₹8.29 Lakh (up 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 38% growth in the latest year. EBITDA rose 97% 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 | -₹2.79 Lakh | ||||
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| Net Profit (PAT) | -₹3.44 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | -33.7% | ||||
| Net Profit Margin | -41.5% | ||||
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To see the full financial statements and ratios of Vipkon Property Development Services Pvt Ltd, buy the company report.
Board of directors of Vipkon Property Development Services Pvt Ltd
Vipkon Property Development Services has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Mohanlal Singhvi Also directs: KGK Developers LLP, Diamond Spring Villas LLP, Marine Global Enterprises Private Limited and 5 more | Director | 27 May 2011 | 15 Years 5 Months | Current |
| Satish Chunletia | Director | 28 Sep 2024 | 2 Years 1 Months | Current |
| Shailesh Jain | Director | 21 Jan 2003 | 23 Years 9 Months | Current |
Auditor
Vipkon Property Development Services Pvt Ltd is audited by D.S.K. AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.S.K. AND ASSOCIATES | FY 2023 | 117710W |
Shareholding
The shareholding of Vipkon Property Development Services Pvt Ltd 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vipkon Property Development Services Pvt Ltd, buy the company report.
Deals & funding
Vipkon Property Development Services Pvt Ltd has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: KGK Developers LLP Seller: an individual |
| Sep 2019 | Rights issue | ₹1.44 Cr | Investors: KGK Developers LLP , Hosanna Trading Company Private Limited , 2 individuals |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vipkon Property Development Services Pvt Ltd has 8 court cases on record: 8 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 3 | 3 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Chemicals and Ferro Alloys Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (TRANSFER APPL) | Filed against the company by Chemicals and Ferro Alloys Private Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by Universal Ferro and Allied Chemicals Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by 1. Dominic Francis Pereira (Since Deceased) 1 (A) Earnet Homes Private Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company | Disposed |
To see the full case history of Vipkon Property Development Services Pvt Ltd, 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 Vipkon Property Development Services Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vipkon Property Development Services Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vipkon Property Development Services Pvt Ltd has 8 board changes on record since 2003: 3 appointments and 5 cessations. The latest: Satish Chunletia was appointed as Director on 28 Sep 2024.
Frequently asked questions
Vipkon Property Development Services is an active 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 05 February 1985 (41+ years old) and is registered under CIN U70101MH1985PTC035267.
Vipkon Property Development Services has 3 current directors:
- Sunil Mohanlal Singhvi - Director
- Satish Chunletia - Director
- Shailesh Jain - Director
The latest financial statements of Vipkon Property Development Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vipkon Property Development Services is U70101MH1985PTC035267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vipkon Property Development Services has 8 court cases on record: 8 filed against it. 2 are pending. Most are in the high courts.
Vipkon Property Development Services was incorporated on 05 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Vipkon Property Development Services has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2020.
Satish Chunletia was appointed as Director on 28 Sep 2024. Subhash Pransukhlal Sagar ceased to be Director on 01 Sep 2022. Sampat Raj Kothari ceased to be Director on 10 Mar 2017. Vipkon Property Development Services has 8 board changes on record in total.
The registered office of Vipkon Property Development Services is at 3rd Floor Kgk Tower II Dattapada Road Rajendra Nagar Near Ekta Bhoomi Gardens Borival, I East, Mumbai, Maharashtra, India – 400066.
Vipkon Property Development Services operates in the real estate and construction industry, in the real estate builders and developers segment.
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