Real Estate Management and Development
Company Overview of PVP Ventures Ltd
PVP Ventures Limited is engaged in the real estate and property development and allied activities primarily in India. Its project portfolio includes a residential township project of approximately 70 acres comprising 10 phases of approximately 6,700 apartments. The company also owns approximately 135 acres of prime land in Shamshabad, Hyderabad. It also owns the Hyderabad franchisee of the Indian Badminton League. The company, formerly known as SSI Limited, was incorporated in 1991 and is based in Hyderabad, India. PVP Ventures Limited is a subsidiary of Platex Limited.
Plot No.83 & 84
Road No. 2, Banjara Hills
Founded in 1991
91 40 6730 9999
91 40 6730 9988
Key Executives for PVP Ventures Ltd
PVP Ventures Ltd does not have any Key Executives recorded.
PVP Ventures Ltd Key Developments
RMZ Reported To Buy Four Seasons Bangalore In $100 million Deal
Nov 21 13
RMZ Corp. Holdings Private Limited is set to buy Four Seasons Private Residences Bengaluru from The Goldman Sachs Group, Inc. (NYSE:GS) for over INR 400 crore, said sources directly aware of the matter. The sources added that RMZ's final offer, which includes taking over a debt of INR 180 crore from State Bank of India, could potentially value the luxury hospitality project a shy under $100 million (INR 620 crore). The buyout is expected to be completed before the year end. Interested buyers in the hotel were PVP Ventures Ltd (BSE:517556), Tishman Speyer Properties, L.P., Vatika Limited, and Oberoi Realty Limited (BSE:533273) and Shriram Properties Private Limited.
PVP Ventures Issues Up to INR 500 Million on Private Placement
Nov 14 13
PVP Ventures has received an approval to issue up to 500 rated, redeemable, secured, listed non-convertible debentures of face value of INR 0.1 million each for cash at par, aggregating to INR 500 million on private placement basis in one or more series to the eligible investors. The board of directors at its meeting held on November 13, 2013 has approved for the same.
PVP Ventures Ltd Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2013
Nov 13 13
PVP Ventures Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2013. For the quarter, the company's net sales/income from operations was INR 176.24 million compared to INR 0.97 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 75.56 million compared to loss from operations before other income, finance costs and exceptional items of INR 17.37 million a year ago. Profit from ordinary activities before tax was INR 28.67 million compared to loss from ordinary activities before tax of INR 44.65 million a year ago. Net profit was INR 23.21 million compared to net loss of INR 44.65 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.09 compared to loss of INR 0.18 a year ago.
For the six months, the company's net sales/income from operations was INR 246.19 million compared to INR 0.97 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 93.58 million compared to loss from operations before other income, finance costs and exceptional items of INR 27.43 million a year ago. Profit from ordinary activities before tax was INR 36.7 million compared to INR 70.24 million a year ago. Net profit was INR 29.71 million compared to INR 47.25 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.12 compared to INR 0.19 a year ago.
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