Vees Properties Limited - Company overview

Kgs Developers was incorporated on 30 November 1974 and is registered with ROC Chennai.

1974-11-30 Chennai, Tamil Nadu Active Unlisted Active Non-Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–25 Cr
▲ 1211.9%
FY 2022
PROFIT / LOSS
Under ₹1 Lakh
▼ -76.0%
FY 2022
EBITDA
₹1–5 Cr
▲ 8473.6%
FY 2022
NET WORTH
₹100–500 Cr
▲ 0.0%
FY 2022
TOTAL ASSETS
₹100–500 Cr
▼ -10.2%
FY 2022
OPEN CHARGES
3
-
PAID-UP CAPITAL
31.73 cr
AUTHORISED CAPITAL
50.00 cr
COMPANY AGE
51 Years 11 Months
since 1974-11-30
LAST FILING WITH ROC
2022-03-31
Last AGM: 2022-09-30
ACTIVE GST
-
Updated: 2025-01-06 10:31:15
SATISFIED CHARGES
26
300.52 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Kgs Developers covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
53/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (5), financial health (90), director (55) and company-foundation signals.
  • Operating for 51+ years.
Compliance Score High risk
5/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A not filed).
Financial Health Score Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2022.
  • Positive net worth.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 8 directors on the board.
  • Director PITCHAIAH PITCHAIAH has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Kgs Developers Company identity, industry, contact, and registration details from MCA and company records.

Kgs Developers was incorporated on 30 November 1974 and is registered with ROC Chennai. It is an active public limited company, now more than 51 years old. The registered office is at No.10, 2Nd Cross Street Raja Annamalaipuram, Chennai, Tamil Nadu. Earlier names on record include Kgeyes Estates Limited, Kgs Developers Private Limited and Stardrive Engineers Private Limited.

In its MCA filings the main business is listed as buildings, which made up 100% of turnover.

It has eight directors: Pitchaiah Pitchaiah, Veerabahu Subramanian, Balan Anandhi and 5 others. The longest-serving is Gigi George, on the board since 2007; the most recent to join is Veerabahu Subramanian, appointed in July 2019. Five former directors are on record; the most recent to leave was Srinivasan Venkatasubramanian in July 2019.

₹31.73 crore of its ₹50 crore authorised capital is paid up (about 63%). Its latest balance sheet on MCA is for the year ending 31 March 2022, and the last AGM was on 30 September 2022. Nothing newer than 2022 shows up here, so it is worth checking the MCA portal for later filings. Three charges (secured loans) are still open, with Reliance Home Finance Limited among the lenders, and 26 more have been paid off.

Real Estate and Construction ••••••••
  • Location No.10, 2Nd Cross Street Raja Annamalaipuram, Chennai, Tamil Nadu - 600028
  • Website kgsdevelopers.com
Name History
Legal NameVees Properties Limited
CIN / LLPINU31909TN1974PLC006798
Company No.006798
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1974-11-30
Date of AGM2022-09-30
Date of Balance Sheet2022-03-31
Listing StatusUnlisted
ROC CodeRoc Chennai
PAN
LEI Number
Active ComplianceActive Non-Compliant

Current Directors of Kgs Developers (8) Current board members from MCA filings, including designation and appointment details.

P
Pitchaiah Pitchaiah
Whole-time director | Since 2019-07-02 | DIN: 08497766
V
Veerabahu Subramanian
Whole-time director | Since 2019-07-02 | DIN: 08497764
B
Balan Anandhi
CFO | Since 2018-08-11
M
Meenakshi Sundaram Sankaram Pillai
Director | Since 2018-08-11 | DIN: 08168066
B
Balan Anandhi
CFO | Since 2018-08-11 | DIN: 08168055
S
Shrinivasan Venkatachalam Krishnan
Director | Since 2018-08-11 | DIN: 08168084

Financial Performance of Kgs Developers Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2022
Revenue ₹10–25 Cr ▲ 1211.9%
P&L Under ₹1 Lakh ▼ -76.0%
EBITDA ₹1–5 Cr ▲ 8473.6%
Net worth ₹100–500 Cr ▲ 0.0%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Kgs Developers Open and satisfied charges registered against the company with MCA.

Icici Bank Limited : 95.00 cr
Reliance Capital Ltd : 17.79 cr
Reliance Home Finance Limited : 17.75 cr
Others : 15.00 cr
Canara Bank : 7.00 cr
Open Charges: 3 Satisfied Charges: 26
Open -
Satisfied 300.52 cr
LenderAmountStatus
Others
Creation Date: 28 Sep 2017
 15.00 cr Open
Reliance Home Finance Limited
Creation Date: 25 Mar 2015
 17.75 cr Open
Reliance Capital Ltd
Creation Date: 30 Oct 2014
 17.79 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ConstructionBuildings100

Financial Ratios of Kgs Developers Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

7 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Kgs Developers Ownership and contribution detail from filings. Full breakdown unlocks with your report.

6 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Credit Ratings, Litigation & Regulatory Alerts for Kgs Developers Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

2 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Kgs Developers MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Kgs Developers Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Kgs Developers Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Kgs Developers?
MCA does not publish an "owner" field. Kgs Developers is run by its directors, Pitchaiah Pitchaiah, Veerabahu Subramanian, Balan Anandhi and five others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Kgs Developers?
Kgs Developers has eight current directors: Pitchaiah Pitchaiah (since July 2019), Veerabahu Subramanian (since July 2019), Balan Anandhi (since August 2018), Meenakshi Sundaram Sankaram Pillai (since August 2018), Balan Anandhi (since August 2018) and Shrinivasan Venkatachalam Krishnan (since August 2018), plus 2 more.
What is CIN of Kgs Developers?
The CIN of Kgs Developers is U31909TN1974PLC006798. Reading it left to right: U means it is not listed, 31909 is the industry code it registered under, TN is Tamil Nadu, 1974 is the year it was registered, PLC is the company type and 006798 is its registration number.
When was Kgs Developers incorporated?
Kgs Developers was incorporated on 30 November 1974 with ROC Chennai. That makes it more than 51 years old.
What is the registered address of Kgs Developers?
The registered office on MCA records is No.10, 2Nd Cross Street Raja Annamalaipuram, Chennai, Tamil Nadu - 600028.
What is the current status of Kgs Developers?
MCA shows Kgs Developers as Active, and its last AGM on record was in September 2022.
What is the contact number or email for Kgs Developers?
You can post to its registered office at No.10, 2Nd Cross Street Raja Annamalaipuram, Chennai, Tamil Nadu - 600028 and use its website, https://kgsdevelopers.com.
What industry or business activity is Kgs Developers associated with?
Its MCA filings list the main business as buildings (100% of turnover).
What is paid-up capital and authorised share capital of Kgs Developers?
Paid-up capital is ₹31.73 crore and authorised capital is ₹50 crore, so about 63% of the authorised amount has been issued.
When did Kgs Developers last file accounts and hold an AGM?
The last AGM on record was on 30 September 2022, and the latest balance sheet is for the year ending 31 March 2022. Nothing newer than 2022 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Kgs Developers?
Three charges against Kgs Developers are still open and 26 have been satisfied. Lenders named in the filings include Reliance Home Finance Limited, Reliance Capital Ltd and Icici Bank Limited.
Have any directors left Kgs Developers?
Yes, five former directors are on record. The most recent to leave were Srinivasan Venkatasubramanian (July 2019), Kumaran Kandasamy (June 2017) and Vinod Kumar Tripathi (September 2015).
What is the turnover or revenue of Kgs Developers?
Based on filed financial statements, the revenue of Kgs Developers for FY 2022 was in the ₹10–25 Cr range. That is up 1211.9% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Kgs Developers?
For FY 2022, the net worth of Kgs Developers was in the ₹100–500 Cr range.
How can I get the financial details of Kgs Developers?
The latest accounts on record are for FY 2022. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Kgs Developers?
The website on record for Kgs Developers is https://kgsdevelopers.com.
Which company owns kgsdevelopers.com?
kgsdevelopers.com is the website listed for Vees Properties Limited in its company records.
Kgs Developers - is it listed or unlisted?
Kgs Developers is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Kgs Developers?
Kgs Developers is registered with ROC Chennai.
What is the company classification of Kgs Developers?
MCA classifies Kgs Developers as: Public Limited Indian Non-Government Company.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.