V.B.Kusumgar And Company Pvt Ltd

Exports, imports, and deals in motorcycles since 1921.

1921 | Ahmedabad, Gujarat (India) | Active
Last Updated:

V.B.Kusumgar And Company Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.13 M
  • Company Age 104 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.68 Cr
  • Revenue Growth %
  • Profit Growth -9.13%
  • Ebitda -55.07%
  • Net Worth 2.34%
  • Total Assets 2.56%

About V.B.Kusumgar And Company

V.B.Kusumgar And Company Pvt Ltd (VACPL) was founded in India on 17 February 1921 and has a glorious history of 104 years and one month.Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as V.B.Kusumgar And Company Ltd. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.13 M.

The company currently has active open charges totaling ₹14.68 Cr.

Yogesh Kusumgar and Siddharth Kusumgar serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34201GJ1921PTC000055

  • Company No.

    000055

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 1921

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive
Company report

V.B.Kusumgar And Company Pvt Ltd

Explore comprehensive data for V.B.Kusumgar And Company Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at V.B.Kusumgar And Company?

Board Members (2)

NameDesignationAppointment DateStatus
Siddharth Kusumgar Country flag representing In Director 01-Aug-2001Current
Yogesh Kusumgar Country flag representing In Director 16-Jul-1990Current

Financial Performance of V.B.Kusumgar And Company.

V.B.Kusumgar And Company Pvt Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 9.13% decrease in profit. The company's net worth moved up by a moderate rise of 2.34%.

V.B.Kusumgar And Company revenue growth over time
V.B.Kusumgar And Company 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
Revenue from Operations
Total Assets
2.56%
Profit or Loss
-9.13%
Net Worth
2.34%
EBITDA
-55.07%

What is the Ownership and Shareholding Structure of V.B.Kusumgar And Company?

In 2023, V.B.Kusumgar And Company 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

₹146.79 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 14.67 Cr
  • The Union Bank Of India Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2005Indian Bank₹14.67 CrOpen
20 Aug 1962The Union Bank Of India Ltd.₹0.05 MOpen

How Many Employees Work at V.B.Kusumgar And Company?

Unlock and access historical data on people associated with V.B.Kusumgar And Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for V.B.Kusumgar And Company Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of V.B.Kusumgar And Company, 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.Kusumgar And Company'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.Kusumgar And Company

Recent activity within the organization

  • Annual General Meeting

    V.B.Kusumgar And Company Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    V.B.Kusumgar And Company Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Indian Bank amounted to Rs. 146.74 M with Charge ID 90379242 was registered on 18 Mar 2005.

  • Director Appointment

    Siddharth Yogesh Kusumgar was appointed as a Director was appointed as a Director on 01 Aug 2001 & has been associated with this company since 23 years 7 months .

  • Director Appointment

    Yogesh Kantilal Kusumgar was appointed as a Director was appointed as a Director on 16 Jul 1990 & has been associated with this company since 34 years 8 months .

  • Charges

    A charge with The Union Bank Of India Ltd. amounted to Rs. 0.05 M with Charge ID 90388688 was registered on 20 Aug 1962.

Frequently asked questions

  • What is the Incorporation or founding date of V.B.Kusumgar And Company Pvt Ltd?

    V.B.Kusumgar And Company Pvt Ltd was incorporated on 17 Feb 1921.

  • What is authorized share capital and paid-up capital of V.B.Kusumgar And Company Pvt Ltd?

    The authorized share capital of V.B.Kusumgar And Company Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.13 M.

  • Who are the current board members & directors of V.B.Kusumgar And Company Pvt Ltd?

    Currently 2 directors are associated with V.B.Kusumgar And Company Pvt Ltd.

    • Yogesh Kantilal Kusumgar
    • Siddharth Yogesh Kusumgar
  • What is the registered address of V.B.Kusumgar And Company Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of V.B.Kusumgar And Company Pvt Ltd is 401 Aakashrup Apartment Opp. Sadbhav Soc., Nr Yogashram Sa Tellite India, Ahmedabad, Gujarat, 380015.

  • What is the corporate identification number (CIN) and company number of V.B.Kusumgar And Company Pvt Ltd?

    The corporate identification number (CIN) of V.B.Kusumgar And Company Pvt Ltd is U34201GJ1921PTC000055 and the company number is 000055 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of V.B.Kusumgar And Company Pvt Ltd?

    The Official website of V.B.Kusumgar And Company Pvt Ltd is https://www.kusumgar.com

  • What change has been observed in the net worth of V.B.Kusumgar And Company Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of V.B.Kusumgar And Company Pvt Ltd has experienced an upsurge of 2.34%.

  • What are the total open charges for V.B.Kusumgar And Company Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for V.B.Kusumgar And Company Pvt Ltd amount to ₹ 14.68 Cr.

  • When was the last Balance Sheet of V.B.Kusumgar And Company Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for V.B.Kusumgar And Company Pvt Ltd was filed with the ROC on 31 Mar 2024.

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