Volvo Ce India Private Limited

Develops, manufactures, and markets construction equipment and related products and services.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated:

Volvo Ce India Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 372.94 Cr
  • Company Age 6 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.67 Cr
  • Satisfied Charges ₹ 1.14 Cr
  • Revenue Growth 18.99%
  • Profit Growth -441.08%
  • Ebitda 145.76%
  • Net Worth -21.85%
  • Total Assets -9.27%

About Volvo Ce India

Volvo Ce India Private Limited (VCIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 03 July 2018 (Six years and ten months 12 days old ). Its registered office is in Bangaluru, 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 2023. It's a company limited by shares with an authorized capital of Rs 500.00 Cr and a paid-up capital of Rs 372.94 Cr.

The company currently has active open charges totaling ₹7.67 Cr. The company has closed loans amounting to ₹1.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Volvo Ce India Private Limited India are Reena Mary as COMPANY SECRETARY and Neetu Jain as Cfo. Knight Andrew, Dharmendra Pandey, Dimitrov Krishnan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29304KA2018FTC114454

  • Company No.

    114454

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    03 Jul 2018

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Volvo Ce India Private Limited offer?

Volvo Ce India Private Limited offers a wide range of products and services, including Building & Construction Machines, Paver Machine, Excavator, Volvo Excavator, Hydraulic & Pneumatic Tools, Hydraulic Rock & Nut Splitter, Rock Breakers, Vibratory Compactors, Volvo Vibratory Compactors, Motor Grader.

Company report

Volvo Ce India Private Limited

Explore comprehensive data for Volvo Ce India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Volvo Ce India?

Executive Team (3)

NameDesignationAppointment DateStatus
Dimitrov Krishnan Country flag representing In Managing Director03-Jul-2018Current
Reena Mary Country flag representing In Company Secretary16-Mar-2020Current
Neetu Jain Country flag representing In CFO28-Sep-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Mirko Scarana Country flag representing Be Director 25-Mar-2021Current
Knight Andrew Country flag representing Gb Director 03-Jul-2018Current
Dharmendra Pandey Country flag representing In Director 07-Dec-2021Current
Deepak Joshi Country flag representing In Director 07-Dec-2021Current

Financial Performance of Volvo Ce India.

Volvo Ce India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.99% increase. The company also saw a substantial fall in profitability, with a 441.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.85%.

Volvo Ce India revenue growth over time
Volvo Ce India 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
18.99%
Revenue from Operations
20.90%
Total Assets
-9.27%
Profit or Loss
-441.08%
Net Worth
-21.85%
EBITDA
145.76%

What is the Ownership and Shareholding Structure of Volvo Ce India?

In 2023, Volvo Ce India 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

₹7.67 Cr

Satisfied Charges

₹1.14 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.67 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2024Hdfc Bank Limited₹0.90 MOpen
04 Oct 2024Hdfc Bank Limited₹1.94 MOpen
24 Sep 2024Hdfc Bank Limited₹1.74 MOpen
28 Aug 2024Hdfc Bank Limited₹2.23 MOpen
23 Aug 2024Hdfc Bank Limited₹2.04 MOpen

How Many Employees Work at Volvo Ce India?

Volvo Ce India has a workforce of 299 employees as of Apr 04, 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 Volvo Ce India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Volvo Ce India, 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 Volvo Ce India'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 Volvo Ce India

Recent activity within the organization

  • Charges

    A charge registered on 19 May 2023 via Charge ID 100730447 with Hdfc Bank Limited was fully satisfied on 02 Dec 2024.

  • Charges

    A charge registered on 09 Sep 2021 via Charge ID 100480260 with Hdfc Bank Limited was fully satisfied on 26 Nov 2024.

  • Charges

    A charge registered on 29 Jul 2021 via Charge ID 100466238 with Hdfc Bank Limited was fully satisfied on 26 Nov 2024.

  • Charges

    A charge registered on 17 Mar 2021 via Charge ID 100445344 with Hdfc Bank Limited was fully satisfied on 26 Nov 2024.

  • Charges

    A charge registered on 10 Aug 2021 via Charge ID 100475294 with Hdfc Bank Limited was fully satisfied on 07 Nov 2024.

  • Charges

    A charge registered on 06 Aug 2022 via Charge ID 100626843 with Hdfc Bank Limited was fully satisfied on 29 Oct 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Volvo Ce India Private Limited?

    Volvo Ce India Private Limited was incorporated on 03 Jul 2018.

  • What is authorized share capital and paid-up capital of Volvo Ce India Private Limited?

    The authorized share capital of Volvo Ce India Private Limited is ₹ 500.00 Cr and paid-up capital is ₹ 372.94 Cr.

  • Who are the current board members & directors of Volvo Ce India Private Limited?

    Currently 7 directors are associated with Volvo Ce India Private Limited.

    • Knight Mark Andrew
    • Dharmendra Pandey
    • Reena Mary
    • Dimitrov Krishnan
    • Mirko Scarana
    • Deepak Dinkar Joshi
    • Neetu Jain

  • What is the registered address of Volvo Ce India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Volvo Ce India Private Limited is Plot No 7 8 Phase I Peenya Industrial Area, India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Volvo Ce India Private Limited?

    The corporate identification number (CIN) of Volvo Ce India Private Limited is U29304KA2018FTC114454 and the company number is 114454 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Volvo Ce India Private Limited?

    The Official website of Volvo Ce India Private Limited is https://www.volvocars.com

  • What has been the recent revenue trend for Volvo Ce India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Volvo Ce India Private Limited has risen by 18.99%.

  • How many employees does Volvo Ce India Private Limited currently have?

    As Per 2023 financial reports, 299 employees are currently employed by Volvo Ce India Private Limited.

  • What change has been observed in the net worth of Volvo Ce India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Volvo Ce India Private Limited has experienced an downturn of -21.85%.

  • What are the total open charges for Volvo Ce India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Volvo Ce India Private Limited amount to ₹ 7.67 Cr.

  • When was the last Balance Sheet of Volvo Ce India Private Limited filed with the ROC?

    The most recent Balance Sheet for Volvo Ce India Private Limited was filed with the ROC on 31 Mar 2023.

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