Volmac Castings Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 3.13 Cr
as on 16-11-2024
- Company Age 13 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.57 Cr
as on 16-11-2024
- Revenue 147.88%
(FY 2023)
- Profit 231.89%
(FY 2023)
- Ebitda 343.62%
(FY 2023)
- Net Worth 179.75%
(FY 2023)
- Total Assets 41.30%
(FY 2023)
About Volmac Castings
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 3.13 Cr.
The company currently has active open charges totaling ₹4.57 Cr.
Vinay Joshi, Benakappa Gowda, and Doddamane Amruth serve as directors at the Company.
- CIN/LLPIN
U28998KA2011PTC056878
- Company No.
056878
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jan 2011
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Shimoga, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Volmac Castings?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Joshi  | Director | 31-Jan-2011 | Current |
| Doddamane Amruth | Director | 31-Jan-2011 | Current |
| Benakappa Gowda | Director | 19-Sep-2022 | Current |
Financial Performance of Volmac Castings.
Volmac Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 147.88% increase. The company also saw a substantial improvement in profitability, with a 231.89% increase in profit. The company's net worth Soared by an impressive increase of 179.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Volmac Castings?
In 2023, Volmac Castings 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)
Volmac Components Private LimitedActive 15 years 4 monthsVinay Joshi, Benakappa Gowda and 1 more are mutual person
Volmac Products Private LimitedActive 1 year 4 monthsVinay Joshi and Doddamane Amruth are mutual person
- Malnad Areca Processing And Marketing Private LimitedActive 29 years 5 months
Benakappa Gowda and Doddamane Amruth are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 08 Mar 2013 | ₹4.57 Cr | Open |
How Many Employees Work at Volmac Castings?
Volmac Castings has a workforce of 16 employees as of Mar 23, 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 Volmac Castings, 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 Volmac Castings'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.
