Vega Aviation Products Private Limited logo

Vega Aviation Products Private Limited

Manufacturer and supplier of composite products, including motorcycle helmets, for various industries.
2005 | Belgaum, Karnataka (India) | Active

Last Updated:

December 09, 2024
HomeCompanyVega Aviation Products Private Limited

Who are the key members and board of directors at Vega Aviation Products?

Executive Team (1)

NameDesignationAppointment DateStatus
Archika PorwalCompany Secretary01-Jun-2023Current

Board Members(2)

NameDesignationAppointment DateStatus
Suhas Chindak In Director 01-Jun-2005Current
Alaka Chandak In Director 15-Mar-2023Current

Financial Performance and Corporate Structure Insights of Vega Aviation Products.

Vega Aviation Products Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 25.74% decrease. The company also saw a substantial fall in profitability, with a 32.13% decrease in profit. The company's net worth Soared by an impressive increase of 18.09%.

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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
-25.74%
Revenue from Operations
-26.51%
Total Assets
13.29%
Profit or Loss
-32.13%
Net Worth
18.09%
EBITDA
69.69%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹20.29 Cr

₹4.56 Cr

LenderAmountStatus

Others

Creation Date: 27 Feb 2020
₹20.29 CrOpen

Others

Creation Date: 30 Sep 2019
₹9.59 MSatisfied

Axis Bank Limited

Creation Date: 29 Sep 2015
₹1.50 CrSatisfied

How Many Employees Work at Vega Aviation Products?

Vega Aviation Products has a workforce of 293 employees as of Apr 03, 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 Vega Aviation Products

Recent activity within the organization

  • Annual General Meeting

    Vega Aviation Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Archika Porwal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2023 & has been associated with this company since 1 year 6 months .

    01 Jun 2023

  • Balance Sheet

    Vega Aviation Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Alaka Suhas Chandak was appointed as a Director was appointed as a Director on 15 Mar 2023 & has been associated with this company since 1 year 9 months .

    15 Mar 2023

  • Charges

    A charge registered on 30 Sep 2019 via Charge ID 100297175 with Others was fully satisfied on 12 Nov 2021.

    12 Nov 2021

  • Charges

    A charge with Others of Rs. 20.29 Cr registered on 27 Feb 2020 with Charge ID 100329744 was modified on 23 Feb 2021.

    23 Feb 2021

Frequently asked questions

  • Vega Aviation Products Private Limited was incorporated on 31 May 2005.

  • The authorized share capital of Vega Aviation Products Private Limited is ₹ 23.60 Cr and paid-up capital is ₹ 18.51 Cr.

  • Currently 3 directors are associated with Vega Aviation Products Private Limited.

    • Suhas Premraj Chindak
    • Alaka Suhas Chandak
    • Archika Porwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vega Aviation Products Private Limited is Sy No 230, 231/2 Desur Village India, Belgaum, Karnataka, 590014.

  • The corporate identification number (CIN) of Vega Aviation Products Private Limited is U35303KA2005PTC036436 and the company number is 036436 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vega Aviation Products Private Limited is https://www.vegaaviation.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vega Aviation Products Private Limited has fallen by -25.74%.

  • As Per 2022 financial reports, 293 employees are currently employed by Vega Aviation Products Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vega Aviation Products Private Limited has experienced an upsurge of 18.09%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vega Aviation Products Private Limited amount to ₹ 20.29 Cr.

  • The most recent Balance Sheet for Vega Aviation Products Private Limited was filed with the ROC on 31 Mar 2023.

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