V.B. Oil Mills Private Limited

V.B. Oil Mills Private Limited

Produces and sells various edible oils and de-oiled cakes, including sunflower, rice bran, palm, and cotton oil.
1989 | Bellary, Karnataka (India) | Active

Last Updated:

December 13, 2024
HomeCompanyV.B. Oil Mills Private Limited

Who are the key members and board of directors at V.B. Oil Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Surendra Vitta InManaging Director27-Oct-1989Current

Board Members(2)

NameDesignationAppointment DateStatus
Shravani Vitta In Director 07-Apr-2020Current
Rajesh Vitta In Director 14-Jan-2011Current

Financial Performance of V.B. Oil Mills.

V.B. Oil Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 130.81% increase. The company also saw a substantial improvement in profitability, with a 529.6% increase in profit. The company's net worth Soared by an impressive increase of 149.66%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
130.81%
Revenue from Operations
130.86%
Total Assets
52.65%
Profit or Loss
529.60%
Net Worth
149.66%
EBITDA
448.57%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹86.57 M

₹43.50 M

LenderAmountStatus

Axis Bank Limited

Creation Date: 23 Sep 2016
₹8.57 CrOpen

Karnataka Bank Ltd.

Creation Date: 15 Oct 2015
₹0.87 MOpen

Karnataka Bank Ltd.

Creation Date: 03 Mar 2008
₹4.00 CrSatisfied

How Many Employees Work at V.B. Oil Mills?

V.B. Oil Mills has a workforce of 100 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on V.B. Oil Mills

Recent activity within the organization

  • Annual General Meeting

    V.B. Oil Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    V.B. Oil Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 85.70 M registered on 23 Sep 2016 with Charge ID 100067858 was modified on 12 Jan 2023.

    12 Jan 2023

  • Director Appointment

    Shravani Vitta was appointed as a Director was appointed as a Director on 07 Apr 2020 & has been associated with this company since 4 years 9 months .

    07 Apr 2020

  • Charges

    A charge registered on 19 Apr 1997 via Charge ID 80004079 with Karnataka Bank Limited was fully satisfied on 23 Apr 2018.

    23 Apr 2018

  • Charges

    A charge registered on 03 Mar 2008 via Charge ID 10094267 with Karnataka Bank Ltd. was fully satisfied on 26 Dec 2016.

    26 Dec 2016

Frequently asked questions

  • V.B. Oil Mills Private Limited was incorporated on 27 Oct 1989.

  • The authorized share capital of V.B. Oil Mills Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.05 M.

  • Currently 3 directors are associated with V.B. Oil Mills Private Limited.

    • Surendra Babu Vitta
    • Shravani Vitta
    • Rajesh Vitta
  • As per Ministry of Corporate Affairs (Mca), the registered address of V.B. Oil Mills Private Limited is Plot No. 8, Ward 25 2Nd Floor Opp: Kumarswamy Temple Sanjaya Gandhi Na Gar India, Bellary, Karnataka, 583101.

  • The corporate identification number (CIN) of V.B. Oil Mills Private Limited is U85110KA1989PTC010478 and the company number is 010478 as per Ministry of Corporate Affairs (MCA).

  • The Official website of V.B. Oil Mills Private Limited is https://www.sunpreethioils.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for V.B. Oil Mills Private Limited has risen by 130.81%.

  • As Per 2022 financial reports, 100 employees are currently employed by V.B. Oil Mills Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of V.B. Oil Mills Private Limited has experienced an upsurge of 149.66%.

  • As per the financial statements for fiscal Year 2022, The total open charges for V.B. Oil Mills Private Limited amount to ₹ 8.66 Cr.

  • The most recent Balance Sheet for V.B. Oil Mills Private Limited was filed with the ROC on 31 Mar 2023.

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