Volmac Components Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.33 Cr
- Company Age 15 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.98 Cr
- Satisfied Charges ₹ 6.82 Cr
- Revenue Growth 245.03%
- Profit Growth 36.09%
- Ebitda 98.65%
- Net Worth 159.29%
- Total Assets 57.50%
About Volmac Components
Volmac Components Private Limited (VCPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 July 2009 and has a history of 15 years and six months. Its registered office is in Shimoga, Karnataka, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.33 Cr.
The company currently has active open charges totaling ₹4.98 Cr. The company has closed loans amounting to ₹6.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
Doddamane Amruth, Benakappa Gowda, and Vinay Joshi serve as directors at the Company.
Company Details
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Location
Shimoga, Karnataka, India
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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
U29213KA2009PTC050531
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Company No.
050531
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
31 Jul 2009
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Volmac Components Private Limited offer?
Volmac Components Private Limited offers a wide range of products and services, including Brake Parts, Hardware: Hooks & Mounts, Mounting Accessories, Piston & Crankshaft Assemblies, Crankshafts, Gear parts, Bearing Block, Plummer Blocks, Locomotive Components.
Who are the key members and board of directors at Volmac Components?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Joshi
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Director | 31-Jul-2009 | Current |
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Doddamane Amruth
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Director | 31-Jul-2009 | Current |
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Benakappa Gowda
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Director | 10-Aug-2022 | Current |
Financial Performance of Volmac Components.
Volmac Components Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 245.03% increase. The company also saw a substantial improvement in profitability, with a 36.09% increase in profit. The company's net worth Soared by an impressive increase of 159.29%.
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What is the Ownership and Shareholding Structure of Volmac Components?
In 2021, Volmac Components 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)
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Volmac Castings Private LimitedDoddamane Amruth, Benakappa Gowda and 1 more are mutual person
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Volmac Products Private LimitedDoddamane Amruth and Vinay Joshi are mutual person
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Nanjappa Healthcare Private Limited
Doddamane Amruth is a mutual person
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Malnad Areca Processing And Marketing Private Limited
Doddamane Amruth and Benakappa Gowda are mutual person
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Nanjappa Hospitals Private Limited
Doddamane Amruth is a mutual person
Charges (Loans)
₹4.98 Cr
₹6.82 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2024 | State Bank Of India | ₹4.98 Cr | Open |
| 24 Aug 2017 | Canara Bank | ₹0.96 M | Satisfied |
| 13 May 2016 | Others | ₹3.00 M | Satisfied |
| 21 Nov 2014 | Canara Bank | ₹1.07 M | Satisfied |
| 19 Nov 2012 | The Karnataka State Financial Corporation | ₹1.50 M | Satisfied |
How Many Employees Work at Volmac Components?
Volmac Components has a workforce of 51 employees as of Mar 27, 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 Components, 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 Components'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.
