Vega Aviation Products Profile
Key Indicators
- Authorised Capital ₹ 23.60 Cr
- Paid Up Capital ₹ 23.51 Cr
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.00 Cr
- Satisfied Charges ₹ 4.56 Cr
- Revenue Growth -25.74%
- Profit Growth -32.13%
- Ebitda 69.69%
- Net Worth 18.09%
- Total Assets 13.29%
About Vega Aviation Products
Vega Aviation Products Private Limited (VAPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 2005 and has a history of 19 years and eight months. Its registered office is in Belgaum, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 23.60 Cr and a paid-up capital of Rs 23.51 Cr.
The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹4.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vega Aviation Products Private Limited India is Archika Porwal as COMPANY SECRETARY. Suhas Chindak and Alaka Chandak 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
U35303KA2005PTC036436
- Company No.
036436
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 May 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Vega Aviation Products Private Limited offer?
Vega Aviation Products Private Limited offers a wide range of products and services, including Prefabricated Houses & Structures, Portable Cabins, Abstract & Contemporary Paintings, Paintings, Equipment Cases, Gun Cases, Edible Packaging Boxes, Food Delivery Box, Kids Play Equipment, Merry Go Round.
Who are the key members and board of directors at Vega Aviation Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Archika Porwal | Company Secretary | 23-Sep-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suhas Chindak  | Director | 01-Jun-2005 | Current |
| Alaka Chandak | Director | 15-Mar-2023 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vega Aviation Products?
In 2023, Vega Aviation Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nirbhi Techno LlpSuhas Chindak is a mutual person
- T3c Global Llp
Suhas Chindak is a mutual person
- Rudra Drones Private Limited
Suhas Chindak and Alaka Chandak are mutual person
- Samtek Clean & Clear Systems Private Limited
Suhas Chindak is a mutual person
- Samtek Technologies Private Limited
Suhas Chindak is a mutual person
- Adaptive Armour Systems Private Limited
Suhas Chindak and Alaka Chandak are mutual person
Charges (Loans)
₹8.00 Cr
₹4.56 Cr
Charges Breakdown by Lending Institutions
- Others : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2020 | Others | ₹8.00 Cr | Open |
| 30 Sep 2019 | Others | ₹9.59 M | Satisfied |
| 29 Sep 2015 | Axis Bank Limited | ₹1.50 Cr | Satisfied |
| 13 Mar 2008 | State Bank Of India | ₹2.10 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vega Aviation Products, 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 Aviation Products'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.
