VSL Realties Private Limited
About VSL Realties Private Limited
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VSL Realties Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 11 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2006PTC040470. Its GSTIN is 29AACCV3716H2Z7 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.06 Cr. It is led by directors Sarita Dudheria and Laxmi Pat Dudheria.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 66 Nav Niketan Ground Floor K R Road Basavangudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2023, the company reported a revenue of ₹31.43 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.85 Cr (net margin 15.4%) and EBITDA of ₹6.1 Cr (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 244% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
VSL Realties Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 66 Nav Niketan Ground Floor K R Road Basavangudi, Bangalore, Karnataka, India – 560004
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of VSL Realties 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 activities of VSL Realties are real estate activities and accommodation and food service activities. In detail, this covers real estate activities and accommodation. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | |
| I | Accommodation and Food service activities | 55 | Accommodation |
To see the full business activity and turnover split of VSL Realties Private Limited, buy the company report.
Financials of VSL Realties Private Limited
FY 2024 filings availableVSL Realties Private Limited reported revenue of ₹31.43 Cr (up 2012% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 244% over five years. EBITDA rose 968% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.43 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹6.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.85 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | ||||
| Net Profit Margin | 15.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of VSL Realties Private Limited, buy the company report.
Board of directors of VSL Realties Private Limited
VSL Realties has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarita Dudheria Also directs: VSL Growth Capital Private Limited | Director | 11 Sep 2006 | 20 Years 1 Months | Current |
| Laxmi Pat Dudheria Also directs: VSL Growth Capital Private Limited, Multi Ark Ld&A Partners LLP | Director | 11 Sep 2006 | 20 Years 1 Months | Current |
Auditor
VSL Realties Private Limited is audited by M KOCHAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M KOCHAR & CO | FY 2023 | 248306 |
Shareholding
The shareholding of VSL Realties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VSL Realties Private Limited, buy the company report.
Legal cases
VSL Realties Private Limited has 9 court cases on record: 4 filed by VSL Realties, 5 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 4 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against individuals | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed by the company against individuals | Disposed |
To see the full case history of VSL Realties 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 VSL Realties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
VSL Realties Private Limited has a workforce of 95 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
VSL Realties has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV3716H2Z7 | Karnataka | Active | 31 May 2021 |
To see the full GST registrations and return filing status of VSL Realties Private Limited, buy the company report.
Recent activity
VSL Realties Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Varsha Dudheria ceased to be Director on 30 Jun 2017.
Frequently asked questions
VSL Realties is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 11 September 2006 (20+ years old) and is registered under CIN U45200KA2006PTC040470.
VSL Realties has 2 current directors:
- Sarita Dudheria - Director
- Laxmi Pat Dudheria - Director
The latest financial statements of VSL Realties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of VSL Realties is 29AACCV3716H2Z7, registered in Karnataka. 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 VSL Realties is U45200KA2006PTC040470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSL Realties has 9 court cases on record: 4 filed by the company and 5 filed against it. 4 are pending.
VSL Realties was incorporated on 11 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Varsha Dudheria ceased to be Director on 30 Jun 2017. Varsha Dudheria was appointed as Director on 10 May 2013. Laxmi Pat Dudheria was appointed as Director on 11 Sep 2006. VSL Realties has 4 board changes on record in total.
The registered office of VSL Realties is at No. 66 Nav Niketan Ground Floor K R Road Basavangudi, Bangalore, Karnataka, India – 560004.
VSL Realties operates in the travel and hospitality industry, in the hotel and accommodation services segment.