About VR Majha Limited
Data last updated:
VR Majha Limited is a public limited company based in Amritsar, Punjab, India, a subsidiary of Moribus Holdings Pte. Ltd.. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45203PB2008PLC062925. Its GSTIN is 03AADCT0261E1ZZ (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹405 Cr and a paid-up capital of ₹324.31 Cr. It was formerly known as Trif Amritsar Projects Private Limited and Alena Ventures Limited. It is led by directors including Sumi Gupta and Jay Viresh Dayani.
Its last annual general meeting (AGM) was held on 06 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Amritsar, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.48 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹30.96 Cr (net margin -82.6%) and EBITDA of ₹16.53 Cr (EBITDA margin 44.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹165 Cr and satisfied charges of ₹662.5 Cr on record. Court records list 21 cases involving the company, including 5 filed by the company and 15 filed against it; 5 cases are pending. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹278.31 Cr; the latest was in January 2015. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Buildquick Infrastructure Private Limited with revenue of ₹37.54 Cr. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 91 overdue payments to 32 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tatarealty.in.
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- Registered AddressVr Ambarsar Plot No. C – 4 Medical Enclave, Opp. Basant Avenue Circular Road, Amritsar, Punjab, India – 143001
- 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 VR Majha Limited
The main business activity of VR Majha is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 VR Majha Limited FY 2023 filings available
VR Majha Limited reported revenue of ₹37.48 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of VR Majha Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 26% 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 VR Majha Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹16.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹30.96 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 VR Majha Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -82.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 VR Majha 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 VR Majha Limited
VR Majha Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Buildquick Infrastructure Private Limited | ₹37.54 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Anand, Gujarat, India |
| Mark Buildtech Private Limited | ₹37.53 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Maa Ratangarh Developers Private Limited | ₹37.51 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Jhansi, Uttar Pradesh, India |
| Mahaluxmi Infrahome Private Limited | ₹37.5 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Greenfinch Projects Private Limited | ₹37.5 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
| VR Majha Limited this company | ₹37.48 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Amritsar, Punjab, India |
| Silver Creeks Infra Private Limited | ₹37.44 Cr (FY 2024) | •••• | •••• | 242.0% | •••• | Jaipur, Rajasthan, India |
| Quadro Info Technologies Private Limited | ₹37.42 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Mind Space Realty Private Limited | ₹37.33 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Forum Homes Private Limited | ₹37.33 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Shree BCC (India) Private Limited | ₹37.33 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below VR Majha by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of VR Majha Limited
VR Majha has 4 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tariq Maqbool Chinoy Also directs: VR Surat Private Limited, VR Vidarbha Limited, VR South Asia Private Limited and 5 more | Nominee Director | 20 Apr 2021 | 5 Years 5 Months | Current |
| Sumi Gupta Also directs: VR Surat Private Limited, VR Vidarbha Limited, VR South Asia Private Limited and 3 more | Director | 04 Mar 2021 | 5 Years 7 Months | Current |
| Pradeep Jyoti Banerjee Also directs: Pradeep Banerjee Associates LLP, Chambal Fertilisers and Chemicals Limited, Jubilant Ingrevia Limited and 5 more | Nominee Director | 11 Mar 2023 | 3 Years 7 Months | Current |
| Jay Viresh Dayani Also directs: VR Konkan Private Limited, VR Dakshin Private Limited | Director | 15 Feb 2023 | 3 Years 7 Months | Current |
Charges & Borrowings of VR Majha Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 2023 | Others | ₹165 Cr | Open |
| 17 Jun 2017 | Others | ₹121.5 Cr | Satisfied |
| 14 Mar 2013 | Idbi Trusteeship Services Limited | ₹250 Cr | Satisfied |
| 29 Jul 2011 | State Bank of Patiala | ₹291 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of VR Majha Limited
VR Majha Limited has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹278.31 Cr; the latest was in January 2015.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: Tata Realty and Infrastructure Limited. Seller: VR Majha Limited |
| Dec 2014 | Funding round | ₹20 Cr | Investors: Tata Realty and Infrastructure Limited. |
| Jan 2011 | Funding round | ₹203.54 Cr | Investors: VR Majha Limited , Tata Realty and Infrastructure Limited. , 2 individuals |
| Jun 2009 | Funding round | ₹54.77 Cr | Investors: VR Majha Limited , Tata Realty and Infrastructure Limited. |
| Mar 2009 | Acquisition | ₹45.99 Cr | Buyer: VR Majha Limited |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of VR Majha Limited
VR Majha Limited has 21 court cases on record: 5 filed by VR Majha, 15 filed against it, 1 where it is another party. 5 cases are pending and 16 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 12 | 3 |
| High courts | 5 | 3 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Jones Lang Lasalle Building Operations Private Limited | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab State Power Corporation Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Jones Lang Lasalle Building Operations Private Limited | Disposed |
| District court, Amritsar, Punjab | Civil suit | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, SAS Nagar, Punjab | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 21 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.
MSME Payment Delays by VR Majha Limited
VR Majha Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 91 overdue payments to 32 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pathfinder Enterprise Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Terralenze Technologies Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at VR Majha Limited
Employment history and EPFO contributions of people linked to VR Majha.
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.
Name History of VR Majha Limited
VR Majha has undergone 5 name changes throughout its history. The current legal name is Vr Majha Limited.
| Company Name | Status |
|---|---|
| VR Majha Limited | Current |
| Trif Amritsar Projects Private Limited | Previous |
| Alena Ventures Limited | Previous |
| Tril Amritsar Projects Limited | Previous |
| Trif Road Projects Private Limited | Previous |
| Trif Amritsar Projects Limited | Previous |
CIN History of VR Majha Limited
VR Majha has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45203PB2008PLC062925, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203PB2008PLC062925 | Current |
| U45203MH2008PLC181620 | Previous |
| U45203MH2008PTC181620 | Previous |
Recent Activity on VR Majha Limited
VR Majha Limited has 34 board changes on record since 2008: 4 appointments and 30 cessations. The latest: Jay Viresh Dayani ceased to be Additional Director on 05 Dec 2023.
35 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for VR Majha 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.
Subsidiaries & Group Companies of VR Majha 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 VR Majha Limited
VR Majha has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCT0261E1ZZ | Punjab | 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 VR Majha 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 VR Majha Limited
VR Majha is an active public limited company based in Amritsar, Punjab, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 April 2008 (18+ years old) and is registered under CIN U45203PB2008PLC062925.
VR Majha reported revenue of ₹37.48 Cr for FY 2024 (down 2% YoY).
VR Majha has 4 current directors:
- Tariq Maqbool Chinoy - Nominee Director
- Sumi Gupta - Director
- Pradeep Jyoti Banerjee - Nominee Director
- Jay Viresh Dayani - Director
VR Majha reported a net loss of ₹30.96 Cr (net margin -82.6%) and EBITDA of ₹16.53 Cr (EBITDA margin 44.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of VR Majha is 15% over three years and 8% over five years. In the latest year (FY 2024) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of VR Majha is 03AADCT0261E1ZZ, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of VR Majha is U45203PB2008PLC062925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VR Majha has 21 court cases on record: 5 filed by the company and 15 filed against it. 5 are pending. Most are in the district courts.
VR Majha was incorporated on 25 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.
VR Majha has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹278.31 Cr; the latest was in January 2015.
The peers of VR Majha by revenue are Buildquick Infrastructure Private Limited, Mark Buildtech Private Limited, Maa Ratangarh Developers Private Limited, Mahaluxmi Infrahome Private Limited, Greenfinch Projects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Jay Viresh Dayani ceased to be Additional Director on 05 Dec 2023. Pradeep Jyoti Banerjee was appointed as Nominee Director on 11 Mar 2023. Sanjeev Sharma ceased to be Additional Director on 06 Mar 2023. VR Majha has 34 board changes on record in total.