Volex Finance And Industries Limited

Founded in 1984 and headquartered in Delhi, India.

1984 | Delhi (India) | Active
Last Updated: December 23, 2024

Volex Finance And Industries Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 1.62 Cr
  • Company Age 40 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 2.00 M
  • Revenue Growth 43.17%
  • Profit Growth 85.95%
  • Ebitda 94.28%
  • Net Worth -5.32%
  • Total Assets 24.53%

About Volex Finance And Industries

Volex Finance And Industries Limited (VFAIL) is a Public Limited Indian Non-Government Company incorporated in India on 18 July 1984 and has a history of 40 years and seven months. Its registered office is in Delhi, India.

The Corporate was formerly known as Volex Leasing Industries Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 1.62 Cr.

The company currently has active open charges totaling ₹2.00 M.

The Key Managerial Personnel (KMP) at Volex Finance And Industries Limited India are Anil Hada as CFO and Praveen Mittal as Ceo. Manish Hada, Ritesh Jain, Poonam Hada, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120DL1984PLC018721

  • Company No.

    018721

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 1984

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Volex Finance And Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Anil Hada Country flag representing In CFO25-Mar-2015Current
Praveen Mittal Country flag representing In CEO01-May-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Manish Hada Country flag representing In Director 22-Mar-2003Current
Anil Country flag representing In Director 02-Feb-2016Current
Ritesh Jain Country flag representing In Director 25-Mar-2012Current
Poonam Hada Country flag representing In Director 25-Mar-2015Current

Financial Performance of Volex Finance And Industries.

Volex Finance And Industries Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 43.17% increase. The company also saw a substantial improvement in profitability, with a 85.95% increase in profit. The company's net worth dipped by a decrease of 5.32%.

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
43.17%
Revenue from Operations
-30.56%
Total Assets
24.53%
Profit or Loss
85.95%
Net Worth
-5.32%
EBITDA
94.28%

What is the Ownership and Shareholding Structure of Volex Finance And Industries?

In 2018, Volex Finance And Industries had a promoter holding of 26.42% and a public holding of 73.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 1991Central Bank Of India₹2.00 MOpen

How Many Employees Work at Volex Finance And Industries?

Volex Finance And Industries has a workforce of 0 employees as of Apr 01, 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 Volex Finance And Industries, 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 Volex Finance And Industries'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 Volex Finance And Industries

Recent activity within the organization

  • Annual General Meeting

    Volex Finance And Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Volex Finance And Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi.

    31 Mar 2022

  • Director Appointment

    Praveen Mittal was appointed as a Ceo was appointed as a Ceo on 01 May 2017 & has been associated with this company since 7 years 9 months .

    01 May 2017

  • Director Appointment

    Anil was appointed as a Director was appointed as a Director on 02 Feb 2016 & has been associated with this company since 9 years 22 days .

    02 Feb 2016

  • Director Appointment

    Poonam Hada was appointed as a Director was appointed as a Director on 25 Mar 2015 & has been associated with this company since 9 years 11 months .

    25 Mar 2015

  • Director Appointment

    Anil Hada was appointed as a Cfo was appointed as a Cfo on 25 Mar 2015 & has been associated with this company since 9 years 11 months .

    25 Mar 2015

Frequently asked questions

  • Volex Finance And Industries Limited was incorporated on 18 Jul 1984.

  • The authorized share capital of Volex Finance And Industries Limited is ₹ 12.50 Cr and paid-up capital is ₹ 1.62 Cr.

  • Currently 6 directors are associated with Volex Finance And Industries Limited.

    • Manish Hada
    • Ritesh Jain
    • Poonam Hada
    • Anil Hada
    • Praveen Mittal
    • Anil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Volex Finance And Industries Limited is F-11, Basement Green Park Extension India, New Delhi, 110016.

  • The corporate identification number (CIN) of Volex Finance And Industries Limited is U67120DL1984PLC018721 and the company number is 018721 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Volex Finance And Industries Limited has risen by 43.17%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Volex Finance And Industries Limited has experienced an downturn of -5.32%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Volex Finance And Industries Limited amount to ₹ 2.00 M.

  • The most recent Balance Sheet for Volex Finance And Industries Limited was filed with the ROC on 31 Mar 2022.

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