Volmac Castings Private Limited

Manufactures iron castings for industrial sectors, ISO certified, established in 2011.

2011 | Shimoga, Karnataka (India) | Active
Last Updated: November 16, 2024

Volmac Castings Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.13 Cr
  • Company Age 14 Year,
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.57 Cr
  • Revenue Growth 147.88%
  • Profit Growth 231.89%
  • Ebitda 343.62%
  • Net Worth 179.75%
  • Total Assets 41.30%

About Volmac Castings

Volmac Castings Private Limited (VCPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 January 2011 and has a history of 14 years. Its registered office is in Shimoga, Karnataka, India.

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.

Company Details

  • Location

    Shimoga, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • 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

Manufacturing

Who are the key members and board of directors at Volmac Castings?

Board Members (3)

Name Designation Appointment Date Status
Vinay Joshi Country flag representing In Director 31-Jan-2011 Current
Doddamane Amruth Country flag representing In Director 31-Jan-2011 Current
Benakappa Gowda Country flag representing In 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%.

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
147.88%
Revenue from Operations
151.92%
Total Assets
41.30%
Profit or Loss
231.89%
Net Worth
179.75%
EBITDA
343.62%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.57 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.57 Cr

Latest Charge Details

Date Lender Amount Status
08 Mar 2013 State Bank Of India ₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Volmac Castings

Recent activity within the organization

  • Annual General Meeting

    Volmac Castings Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Volmac Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 4.57 Cr registered on 08 Mar 2013 with Charge ID 10416600 was modified on 25 Jan 2024.

    25 Jan 2024

  • Director Appointment

    Benakappa Doddamane Gowda was appointed as a Director was appointed as a Director on 19 Sep 2022 & has been associated with this company since 2 years 4 months .

    19 Sep 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.57 Cr with Charge ID 10416600 was registered on 08 Mar 2013.

    08 Mar 2013

  • Director Appointment

    Vinay Sudhakar Joshi was appointed as a Director was appointed as a Director on 31 Jan 2011 & has been associated with this company since 14 years .

    31 Jan 2011

Frequently asked questions

  • Volmac Castings Private Limited was incorporated on 31 Jan 2011.

  • The authorized share capital of Volmac Castings Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.13 Cr.

  • Currently 3 directors are associated with Volmac Castings Private Limited.

    • Vinay Sudhakar Joshi
    • Benakappa Doddamane Gowda
    • Doddamane Benakappa Amruth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Volmac Castings Private Limited is B-3, Kssidc Industrial Estate Sagar Road India, Shimoga, Karnataka, 577204.

  • The corporate identification number (CIN) of Volmac Castings Private Limited is U28998KA2011PTC056878 and the company number is 056878 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Volmac Castings Private Limited is https://www.volmacgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Volmac Castings Private Limited has risen by 147.88%.

  • As Per 2023 financial reports, 16 employees are currently employed by Volmac Castings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Volmac Castings Private Limited has experienced an upsurge of 179.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Volmac Castings Private Limited amount to ₹ 4.57 Cr.

  • The most recent Balance Sheet for Volmac Castings Private Limited was filed with the ROC on 31 Mar 2024.

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