Volute Constructions Profile
Key Indicators
- Authorised Capital ₹ 0.51 M
- Paid Up Capital ₹ 0.51 M
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.50 Cr
- Satisfied Charges ₹ 182.58 Cr
- Revenue Growth %
- Profit Growth -146.57%
- Ebitda -146.57%
- Net Worth -0.49%
- Total Assets -0.00%
About Volute Constructions
Volute Constructions Ltd (VCL) is a Public Limited Indian Non-Government Company incorporated in India on 14 July 1995 and has a history of 29 years and six months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Volute Constructions Private Limited. The Company is engaged in the Real Estate And Construction 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 0.51 M and a paid-up capital of Rs 0.51 M.
The company currently has active open charges totaling ₹4.50 Cr. The company has closed loans amounting to ₹182.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Pandya, Sunny Varma, Bharatkumar Parikh, and One other member serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U45200GJ1995PLC026710
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Company No.
026710
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
14 Jul 1995
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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 Ahmedabad
Industry
Who are the key members and board of directors at Volute Constructions?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Pandya
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Director | 15-Jul-2009 | Current |
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Sunny Varma
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Director | 25-Aug-2015 | Current |
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Bharatkumar Parikh
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Director | 09-May-2016 | Current |
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Ranjanben Parikh
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Director | 30-Sep-2022 | Current |
Financial Performance of Volute Constructions.
Volute Constructions Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 146.57% decrease in profit. The company's net worth dipped by a decrease of 0.49%.
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What is the Ownership and Shareholding Structure of Volute Constructions?
In 2022, Volute Constructions had a promoter holding of 80.55% and a public holding of 19.45%. 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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Vadilal Forex And Consultancy Services LimitedRajesh Pandya and Sunny Varma are mutual person
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Padm Complex LtdRajesh Pandya and Sunny Varma are mutual person
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Vadilal Finance Company Private Limited
Rajesh Pandya and Sunny Varma are mutual person
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Majestic Farm House LimitedRajesh Pandya and Sunny Varma are mutual person
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Kalpit Realty And Services Limited
Rajesh Pandya and Sunny Varma are mutual person
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Veronica Constructions Pvt Ltd
Rajesh Pandya, Sunny Varma and 2 more are mutual person
Charges (Loans)
₹45.00 M
₹1,825.80 M
Charges Breakdown by Lending Institutions
- Industrial Investment Bank Of India Limtted : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Feb 1998 | Industrial Investment Bank Of India Limtted | ₹4.50 Cr | Open |
| 23 Dec 2019 | Others | ₹115.05 Cr | Satisfied |
| 29 Jan 2010 | Idbi Bank Limited | ₹8.50 Cr | Satisfied |
| 22 Nov 2007 | Others | ₹59.03 Cr | Satisfied |
How Many Employees Work at Volute Constructions?
Unlock and access historical data on people associated with Volute Constructions, 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 Volute Constructions, 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 Volute Constructions's trajectory.
Rating
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Alerts
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