Volmac Components Private Limited

Precision machined parts manufacturer with ISO certification.

2009 | Shimoga, Karnataka (India) | Active
Last Updated:

Volmac Components Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.33 Cr
  • Company Age 15 Year, 8 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 eight 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

  • Location

    Shimoga, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29213KA2009PTC050531

  • Company No.

    050531

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 2009

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

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)

NameDesignationAppointment DateStatus
Vinay Joshi Country flag representing In Director 31-Jul-2009Current
Doddamane Amruth Country flag representing In Director 31-Jul-2009Current
Benakappa Gowda Country flag representing In Director 10-Aug-2022Current

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%.

Volmac Components revenue growth over time
Volmac Components 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
245.03%
Revenue from Operations
240.57%
Total Assets
57.50%
Profit or Loss
36.09%
Net Worth
159.29%
EBITDA
98.65%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.98 Cr

Satisfied Charges

₹6.82 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.98 Cr

Latest Charge Details

DateLenderAmountStatus
08 May 2024State Bank Of India₹4.98 CrOpen
24 Aug 2017Canara Bank₹0.96 MSatisfied
13 May 2016Others₹3.00 MSatisfied
21 Nov 2014Canara Bank₹1.07 MSatisfied
19 Nov 2012The Karnataka State Financial Corporation₹1.50 MSatisfied

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.

Employee growth trends for Volmac Components Private Limited

Deals i

Graph showing company valuation over time

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

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 Components

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 23 Mar 2011 via Charge ID 10274315 with Canara Bank was fully satisfied on 29 Jun 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.98 Cr with Charge ID 100929772 was registered on 08 May 2024.

  • Balance Sheet

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

  • Charges

    A charge with Canara Bank of Rs. 5.62 Cr registered on 23 Mar 2011 with Charge ID 10274315 was modified on 18 Apr 2023.

  • Director Appointment

    Benakappa Doddamane Gowda was appointed as a Director was appointed as a Director on 10 Aug 2022 & has been associated with this company since 2 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Volmac Components Private Limited?

    Volmac Components Private Limited was incorporated on 31 Jul 2009.

  • What is authorized share capital and paid-up capital of Volmac Components Private Limited?

    The authorized share capital of Volmac Components Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.33 Cr.

  • Who are the current board members & directors of Volmac Components Private Limited?

    Currently 3 directors are associated with Volmac Components Private Limited.

    • Doddamane Benakappa Amruth
    • Benakappa Doddamane Gowda
    • Vinay Sudhakar Joshi
  • What is the registered address of Volmac Components Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Volmac Components Private Limited is Shed-02 No-10 N-11 Kssidc Industrial Estate, Sagar Road India, Shivamogga, Karnataka, 577204.

  • What is the corporate identification number (CIN) and company number of Volmac Components Private Limited?

    The corporate identification number (CIN) of Volmac Components Private Limited is U29213KA2009PTC050531 and the company number is 050531 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Volmac Components Private Limited?

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

  • What has been the recent revenue trend for Volmac Components Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Volmac Components Private Limited has risen by 245.03%.

  • How many employees does Volmac Components Private Limited currently have?

    As Per 2022 financial reports, 51 employees are currently employed by Volmac Components Private Limited.

  • What change has been observed in the net worth of Volmac Components Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Volmac Components Private Limited has experienced an upsurge of 159.29%.

  • What are the total open charges for Volmac Components Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Volmac Components Private Limited amount to ₹ 4.98 Cr.

  • When was the last Balance Sheet of Volmac Components Private Limited filed with the ROC?

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

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