Volvo Group India Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 10.50 Cr
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 47.98 Cr
- Satisfied Charges ₹ 102.71 Cr
- Revenue Growth 47.37%
- Profit Growth 91.72%
- Ebitda 103.14%
- Net Worth -21.99%
- Total Assets 1.74%
About Volvo Group India
Volvo Group India Private Limited (VGIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 August 1996 and has a history of 28 years and six months. Its registered office is in Bangalore, Karnataka, India.
The Corporate was formerly known as Volvo India Private Limited. The Company is engaged in the Automotive 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 100.00 Cr and a paid-up capital of Rs 10.50 Cr.
The company currently has active open charges totaling ₹47.98 Cr. The company has closed loans amounting to ₹102.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Volvo Group India Private Limited India are Laxminarayana Hegde as COMPANY SECRETARY and Manoj Sebastian as Cfo. Kamal Bali, Joachim Rosenberg, Sofia Frandberg, and Two other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50101KA1996PTC024176
- Company No.
024176
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Aug 1996
- Date of AGM
22 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Volvo Group India Private Limited offer?
Volvo Group India Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Bus, Volvo Bus.
Who are the key members and board of directors at Volvo Group India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamal Bali  | Managing Director | 01-Apr-2014 | Current |
| Laxminarayana Hegde | Company Secretary | 03-Aug-2005 | Current |
| Manoj Sebastian | CFO | 01-Sep-2017 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Niklas Gustafsson  | Director | 01-Apr-2014 | Current |
| Joachim Rosenberg | Director | 16-Jun-2023 | Current |
| Sofia Frandberg | Director | 16-Jun-2023 | Current |
| Gangadhar Somasundaram | Director | 01-May-2019 | Current |
Financial Performance of Volvo Group India.
Volvo Group India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.37% increase. The company also saw a substantial improvement in profitability, with a 91.72% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Volvo Group India?
In 2023, Volvo Group 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.
Related Corporates (Common Directorship)
Volvo Financial Services (India) Private LimitedKamal Bali is a mutual person
Swedish Chamber Of Commerce IndiaKamal Bali is a mutual person
Ve Commercial Vehicles LimitedJoachim Rosenberg and Sofia Frandberg are mutual person
Antrix Corporation LimitedKamal Bali is a mutual person
Federation Of European Business In IndiaKamal Bali is a mutual person
Charges (Loans)
₹47.98 Cr
₹102.71 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 27.98 Cr
- The Vysya Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 2023 | Hdfc Bank Limited | ₹1.81 M | Open |
| 01 Oct 2023 | Hdfc Bank Limited | ₹1.88 M | Open |
| 22 Sep 2023 | Hdfc Bank Limited | ₹3.08 M | Open |
| 01 Sep 2023 | Hdfc Bank Limited | ₹1.08 M | Open |
| 24 Aug 2023 | Hdfc Bank Limited | ₹1.00 M | Open |
How Many Employees Work at Volvo Group India?
Unlock and access historical data on people associated with Volvo Group India, 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 Volvo Group 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 Group India'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
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