Vega Composites Limited

Develops and builds real estate properties in Karnataka since 2000.

2000 | Belgaum, Karnataka (India) | Inactive
Last Updated: October 31, 2024

Vega Composites Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth %
  • Profit Growth 16.39%
  • Ebitda 21.77%
  • Net Worth -47.39%
  • Total Assets -56.96%

About Vega Composites

Vega Composites Limited (VCL) is Strike Off company established on 30 Mar 2000 with its office registered at Belgaum, Karnataka, India and has been running since 24 Year, 10 Months with a paid up capital of 0.50 M. According to MCA records, 4 Directors are linked to this company as of 31 Oct 2024.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45100KA2000PLC026818

  • Company No.

    026818

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2000

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

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

Board Members (4)

NameDesignationAppointment DateStatus
Suhas Chindak Country flag representing In Director 30-Mar-2000Current
Dilip Chindak Country flag representing In Director 30-Mar-2000Current
Uttam Chindak Country flag representing In Director 30-Mar-2000Current
Girdhari Chindak Country flag representing In Director 30-Mar-2000Current

Financial Performance of Vega Composites.

Vega Composites Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 16.39% increase in profit. The company's net worth observed a substantial decline by a decrease of 47.39%.

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
Revenue from Operations
Total Assets
-56.96%
Profit or Loss
16.39%
Net Worth
-47.39%
EBITDA
21.77%

What is the Ownership and Shareholding Structure of Vega Composites?

In 2022, Vega Composites 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vega Composites?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vega Composites, 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 Composites'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 Vega Composites

Recent activity within the organization

  • Annual General Meeting

    Vega Composites Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Vega Composites Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Director Appointment

    Dilip Premraj Chindak was appointed as a Director was appointed as a Director on 30 Mar 2000 & has been associated with this company since 24 years 10 months .

    30 Mar 2000

  • Director Appointment

    Suhas Premraj Chindak was appointed as a Director was appointed as a Director on 30 Mar 2000 & has been associated with this company since 24 years 10 months .

    30 Mar 2000

  • Director Appointment

    Uttam Premraj Chindak was appointed as a Director was appointed as a Director on 30 Mar 2000 & has been associated with this company since 24 years 10 months .

    30 Mar 2000

  • Director Appointment

    Girdhari Premraj Chindak was appointed as a Director was appointed as a Director on 30 Mar 2000 & has been associated with this company since 24 years 10 months .

    30 Mar 2000

Frequently asked questions

  • Vega Composites Limited was incorporated on 30 Mar 2000.

  • The authorized share capital of Vega Composites Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Vega Composites Limited.

    • Dilip Premraj Chindak
    • Suhas Premraj Chindak
    • Uttam Premraj Chindak
    • Girdhari Premraj Chindak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vega Composites Limited is 543 Vithaldev Lane Shahapur, India, Belgaum, Karnataka, 590003.

  • The corporate identification number (CIN) of Vega Composites Limited is U45100KA2000PLC026818 and the company number is 026818 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vega Composites Limited is https://www.vegaauto.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vega Composites Limited has experienced an downturn of -47.39%.

  • The most recent Balance Sheet for Vega Composites Limited was filed with the ROC on 31 Mar 2022.