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

V.B. Oil Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.05 M
  • Company Age 35 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.66 Cr
  • Satisfied Charges ₹ 4.35 Cr
  • Revenue Growth 130.81%
  • Profit Growth 529.60%
  • Ebitda 448.57%
  • Net Worth 149.66%
  • Total Assets 52.65%

About V.B. Oil Mills

V.B. Oil Mills Private Limited (VOMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 1989 and has a history of 35 years and three months. Its registered office is in Bellary, Karnataka, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.05 M.

The company currently has active open charges totaling ₹8.66 Cr. The company has closed loans amounting to ₹4.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Surendra Vitta, Shravani Vitta, and Rajesh Vitta serve as directors at the Company.

Company Details

  • Location

    Bellary, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sunpreethioils.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1989PTC010478

  • Company No.

    010478

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages

What products or services does V.B. Oil Mills Private Limited offer?

V.B. Oil Mills Private Limited offers a wide range of products and services, including Bird Food, Poultry & Animal Food, Oil Cake, Cooking Oil, Rice Bran Oil, Cattle Feed, De Oiled Rice Bran.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Surendra Vitta Country flag representing In Managing Director27-Oct-1989Current

Board Members (2)

NameDesignationAppointment DateStatus
Shravani Vitta Country flag representing In Director 07-Apr-2020Current
Rajesh Vitta Country flag representing 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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(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%

What is the Ownership and Shareholding Structure of V.B. Oil Mills?

In 2022, V.B. Oil Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹86.57 M

Satisfied Charges

₹43.50 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 8.57 Cr
  • Karnataka Bank Ltd. : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
23 Sep 2016Axis Bank Limited₹8.57 CrOpen
15 Oct 2015Karnataka Bank Ltd.₹0.87 MOpen
03 Mar 2008Karnataka Bank Ltd.₹4.00 CrSatisfied
19 Apr 1997Karnataka Bank Limited₹3.50 MSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of V.B. Oil Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped V.B. Oil Mills's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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 10 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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