Volanzo Cars Private Limited

Trading, manufacturing, and distributing cars, parts, and accessories with registered office in Karnataka.

2018 | Mysore, Karnataka (India) | Active
Last Updated: June 18, 2024

Volanzo Cars Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 34.15 Cr
  • Satisfied Charges ₹ 9.38 Cr
  • Revenue Growth 36.93%
  • Profit Growth 165.98%
  • Ebitda 87.06%
  • Net Worth 45.35%
  • Total Assets 15.85%

About Volanzo Cars

Volanzo Cars Private Limited (VCPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 November 2018 (Six years and two months 16 days old ). Its registered office is in Mysore, Karnataka, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 3.50 Cr.

The company currently has active open charges totaling ₹34.15 Cr. The company has closed loans amounting to ₹9.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajashekara Deenadayalan and Rajshekar Vijaykumar serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50500KA2018PTC119030

  • Company No.

    119030

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Nov 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Volanzo Cars?

Board Members (2)

Name Designation Appointment Date Status
Rajashekara Deenadayalan Country flag representing In Director 30-Nov-2018 Current
Rajshekar Vijaykumar Country flag representing In Director 30-Nov-2018 Current

Financial Performance of Volanzo Cars.

Volanzo Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.93% increase. The company also saw a substantial improvement in profitability, with a 165.98% increase in profit. The company's net worth Soared by an impressive increase of 45.35%.

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
36.93%
Revenue from Operations
36.97%
Total Assets
15.85%
Profit or Loss
165.98%
Net Worth
45.35%
EBITDA
87.06%

What is the Ownership and Shareholding Structure of Volanzo Cars?

In 2023, Volanzo Cars 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

₹34.15 Cr

Satisfied Charges

₹9.38 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 34.15 Cr

Latest Charge Details

Date Lender Amount Status
14 Aug 2019 State Bank Of India ₹34.15 Cr Open
24 Jul 2023 Others ₹9.38 Cr Satisfied

How Many Employees Work at Volanzo Cars?

Volanzo Cars has a workforce of 168 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Volanzo Cars, 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 Volanzo Cars'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 Volanzo Cars

Recent activity within the organization

  • Charges

    A charge registered on 24 Jul 2023 via Charge ID 100748967 with Others was fully satisfied on 28 Nov 2023.

    28 Nov 2023

  • Charges

    A charge with State Bank Of India of Rs. 34.15 Cr registered on 14 Aug 2019 with Charge ID 100280225 was modified on 09 Nov 2023.

    09 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 9.38 Cr with Charge ID 100748967 was registered on 24 Jul 2023.

    24 Jul 2023

  • Balance Sheet

    Volanzo Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 34.15 Cr with Charge ID 100280225 was registered on 14 Aug 2019.

    14 Aug 2019

Frequently asked questions

  • Volanzo Cars Private Limited was incorporated on 30 Nov 2018.

  • The authorized share capital of Volanzo Cars Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.50 Cr.

  • Currently 2 directors are associated with Volanzo Cars Private Limited.

    • Rajashekara Deenadayalan
    • Rajshekar Vijaykumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Volanzo Cars Private Limited is 882 Vijayanagar 1St Stage Hunsur Road Devaraja Mohalla Near Temple Road, Mysore, Karnataka, India, 570017.

  • The corporate identification number (CIN) of Volanzo Cars Private Limited is U50500KA2018PTC119030 and the company number is 119030 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Volanzo Cars Private Limited has risen by 36.93%.

  • As Per 2023 financial reports, 168 employees are currently employed by Volanzo Cars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Volanzo Cars Private Limited has experienced an upsurge of 45.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Volanzo Cars Private Limited amount to ₹ 34.15 Cr.

  • The most recent Balance Sheet for Volanzo Cars Private Limited was filed with the ROC on 31 Mar 2023.

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