Vega Auto Accessories Profile
Key Indicators
- Authorised Capital ₹ 23.00 Cr
- Paid Up Capital ₹ 22.44 Cr
- Company Age 42 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 86.93 Cr
- Satisfied Charges ₹ 9.10 Cr
- Revenue Growth 22.20%
- Profit Growth 31.57%
- Ebitda 21.30%
- Net Worth 20.72%
- Total Assets 11.36%
About Vega Auto Accessories
Vega Auto Accessories Private Limited (VAAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 1982 and has a history of 42 years and nine months. Its registered office is in Belgaum, Karnataka, India.
The Company is engaged in the Manufacturing 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 23.00 Cr and a paid-up capital of Rs 22.44 Cr.
The company currently has active open charges totaling ₹86.93 Cr. The company has closed loans amounting to ₹9.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dilip Chindak, Uttam Chindak, Girdhari Chindak, and Two other members serve as directors at the Company.
Company Details
- Location
Belgaum, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35999KA1982PTC004792
- Company No.
004792
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 May 1982
- Date of AGM
13 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
What products or services does Vega Auto Accessories Private Limited offer?
Vega Auto Accessories Private Limited offers a wide range of products and services, including Automobile Interiors & Accessories, Driving Helmets, Hats, Caps and Headwears, Winter Cap, Scarves, Shawls, Stoles, Bandanas, Fabric Scarf.
Who are the key members and board of directors at Vega Auto Accessories?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Partha Chindak  | Director | 21-Oct-2024 | Current |
| Dilip Chindak | Director | 01-Nov-1991 | Current |
| Uttam Chindak | Director | 01-Nov-1991 | Current |
| Girdhari Chindak | Director | 01-Nov-1991 | Current |
| Kunal Chindak | Director | 21-Oct-2024 | Current |
Financial Performance of Vega Auto Accessories.
Vega Auto Accessories Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.2% increase. The company also saw a substantial improvement in profitability, with a 31.57% increase in profit. The company's net worth Soared by an impressive increase of 20.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vega Auto Accessories?
In 2023, Vega Auto Accessories had a promoter holding of 8.33% and a public holding of 91.66%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bemco Hytech Private LimitedDilip Chindak and Girdhari Chindak are mutual person
Adam Realty Partners Private LimitedDilip Chindak and Girdhari Chindak are mutual person
- Vega Funmobiles Private Limited
Dilip Chindak and Girdhari Chindak are mutual person
Lsvs Developers LlpDilip Chindak is a mutual person
- Lotus Landmarks (India) Private Limited
Dilip Chindak, Uttam Chindak and 1 more are mutual person
- Premraj Chindak Foundation
Dilip Chindak and Girdhari Chindak are mutual person
Charges (Loans)
Open Charges
₹86.93 Cr
Satisfied Charges
₹9.10 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 52.60 Cr
- Others : 33.05 Cr
- Hdfc Bank Limited : 1.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2023 | Others | ₹2.85 Cr | Open |
| 25 May 2023 | Others | ₹29.00 Cr | Open |
| 26 Nov 2021 | Axis Bank Limited | ₹6.65 Cr | Open |
| 31 Dec 2019 | Hdfc Bank Limited | ₹7.34 M | Open |
| 31 Dec 2019 | Hdfc Bank Limited | ₹5.48 M | Open |
How Many Employees Work at Vega Auto Accessories?
Vega Auto Accessories has a workforce of 1593 employees as of Aug 14, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vega Auto Accessories, 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 Vega Auto Accessories's trajectory.
Rating
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
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 Vega Auto Accessories
Recent activity within the organization
- Director Appointment
Kunal Dilip Chindak was appointed as a Director was appointed as a Director on 21 Oct 2024 & has been associated with this company since 4 months 11 days .
- Director Appointment
Partha Chindak was appointed as a Director was appointed as a Director on 21 Oct 2024 & has been associated with this company since 4 months 11 days .
- Charges
A charge with Others of Rs. 29.00 Cr registered on 25 May 2023 with Charge ID 100730633 was modified on 06 Mar 2024.
- Charges
A charge with Axis Bank Limited of Rs. 45.00 Cr registered on 03 May 2012 with Charge ID 10357019 was modified on 05 Dec 2023.
- Annual General Meeting
Vega Auto Accessories Private Limited last Annual general meeting of members was held on 13 Nov 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 2.85 Cr with Charge ID 100826140 was registered on 27 Oct 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Vega Auto Accessories Private Limited?
Vega Auto Accessories Private Limited was incorporated on 31 May 1982.
What is authorized share capital and paid-up capital of Vega Auto Accessories Private Limited?
The authorized share capital of Vega Auto Accessories Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 22.44 Cr.
Who are the current board members & directors of Vega Auto Accessories Private Limited?
Currently 5 directors are associated with Vega Auto Accessories Private Limited.
- Dilip Premraj Chindak
- Uttam Premraj Chindak
- Girdhari Premraj Chindak
- Kunal Dilip Chindak
- Partha Chindak
What is the registered address of Vega Auto Accessories Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vega Auto Accessories Private Limited is Plot No.12B Sy. No.342 (Old 690) Bemciel Industrial Estate, Udyambag India, Belgaum, Karnataka, 590008.
What is the corporate identification number (CIN) and company number of Vega Auto Accessories Private Limited?
The corporate identification number (CIN) of Vega Auto Accessories Private Limited is U35999KA1982PTC004792 and the company number is 004792 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vega Auto Accessories Private Limited?
The Official website of Vega Auto Accessories Private Limited is https://www.vegaauto.com
What has been the recent revenue trend for Vega Auto Accessories Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vega Auto Accessories Private Limited has risen by 22.20%.
How many employees does Vega Auto Accessories Private Limited currently have?
As Per 2023 financial reports, 1593 employees are currently employed by Vega Auto Accessories Private Limited.
What change has been observed in the net worth of Vega Auto Accessories Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vega Auto Accessories Private Limited has experienced an upsurge of 20.72%.
What are the total open charges for Vega Auto Accessories Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vega Auto Accessories Private Limited amount to ₹ 86.93 Cr.
When was the last Balance Sheet of Vega Auto Accessories Private Limited filed with the ROC?
The most recent Balance Sheet for Vega Auto Accessories Private Limited was filed with the ROC on 31 Mar 2023.
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