Volga Air Technics Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 8.13 Cr
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 2.00 Cr
- Satisfied Charges ₹ 5.55 Cr
- Revenue Growth -97.51%
- Profit Growth -1143.40%
- Ebitda 75.17%
- Net Worth -0.24%
- Total Assets 0.18%
About Volga Air Technics
Volga Air Technics Limited (VATL) is a Public Limited Indian Non-Government Company incorporated in India on 16 April 1993 and has a history of 31 years and ten months. Its registered office is in Na, Gujarat.
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 2018. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 8.13 Cr.
The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹5.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahendrakumar Bhalavat, Atulkumar Shah, and Sweta Shah serve as directors at the Company.
Company Details
- Location Na, Gujarat
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U99999GJ1993PLC019296
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Company No.
019296
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
16 Apr 1993
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Date of AGM
28 Sep 2018
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Date of Balance Sheet
31 Mar 2018
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Volga Air Technics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahendrakumar Bhalavat
|
Managing Director | 16-Apr-1993 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Atulkumar Shah
|
Director | 16-Sep-2004 | Current |
|
Sweta Shah
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Director | 16-Sep-2004 | Current |
Financial Performance of Volga Air Technics.
Volga Air Technics Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 97.51% decrease. The company also saw a substantial fall in profitability, with a 1143.4% decrease in profit. The company's net worth dipped by a decrease of 0.24%.
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What is the Ownership and Shareholding Structure of Volga Air Technics?
In 2018, Volga Air Technics had a promoter holding of 34.73% and a public holding of 65.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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V R F Engineers Pvt LtdMahendrakumar Bhalavat is a mutual person
Charges (Loans)
₹2.00 Cr
₹5.55 Cr
Charges Breakdown by Lending Institutions
- Industrial Development Bank Of India Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 1995 | Industrial Development Bank Of India Limited | ₹2.00 Cr | Open |
| 16 Oct 2009 | Alpha Nippon Innovatives Limited | ₹1.50 M | Satisfied |
| 25 Aug 1995 | Gujarat Industrial Investment Corporation Limited | ₹2.00 Cr | Satisfied |
| 10 Apr 1995 | Central Bank Of India | ₹2.45 Cr | Satisfied |
| 11 Oct 1994 | Gujarat Industrial Investment Corporation Limited | ₹1.50 M | Satisfied |
How Many Employees Work at Volga Air Technics?
Unlock and access historical data on people associated with Volga Air Technics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Volga Air Technics, 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 Volga Air Technics'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
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