Volvo Group India Private Limited

Designs and manufactures automobiles, including buses and portable technical devices, with global distribution and support services.

1996 | Bangalore, Karnataka (India) | Active
Last Updated:

Volvo Group India Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 10.50 Cr
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.58 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 seven months. Its registered office is in Bangalore, Karnataka.

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 2024. 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 ₹65.58 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 Manoj Sebastian as CFO and Laxminarayana Hegde as Company Secretary. Johan Herberts, Joseph Rajkumar, Gangadhar Somasundaram, and Three other members serve as directors at the Company.

Company Details

  • Location Bangalore, Karnataka
  • 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

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

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)

NameDesignationAppointment DateStatus
Manoj Sebastian CFO01-Sep-2017Current
Laxminarayana Hegde Company Secretary03-Aug-2005Current
Kamal Bali Country flag representing In Managing Director01-Apr-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Niklas Gustafsson Country flag representing Se Director 01-Apr-2014Current
Johan Herberts Additional Director 31-Jan-2025Current
Joseph Rajkumar Country flag representing In Director 14-Jun-2024Current
Gangadhar Somasundaram Country flag representing In Director 01-May-2019Current
Sofia Frandberg Country flag representing Se Director 16-Jun-2023Current

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%.

Volvo Group India revenue growth over time
Volvo Group 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
47.37%
Revenue from Operations
48.08%
Total Assets
1.74%
Profit or Loss
91.72%
Net Worth
-21.99%
EBITDA
103.14%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.58 Cr

Satisfied Charges

₹102.71 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 45.58 Cr
  • The Vysya Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2025Hdfc Bank Limited₹1.21 MOpen
28 Dec 2024Hdfc Bank Limited₹1.38 MOpen
19 Dec 2024Hdfc Bank Limited₹2.61 MOpen
18 Dec 2024Hdfc Bank Limited₹5.19 MOpen
20 Nov 2024Hdfc Bank Limited₹1.01 MOpen

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.

Employee growth trends for Volvo Group India Private Limited

Deals i

Graph showing company valuation over time

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

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 Group India

Recent activity within the organization

  • Director Appointment

    Johan Peter Herberts was appointed as a Additional Director was appointed as a Additional Director on 31 Jan 2025 & has been associated with this company since 1 month 24 days .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 101041848 was registered on 27 Jan 2025.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101037350 was registered on 28 Dec 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101037573 was registered on 19 Dec 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.52 Cr with Charge ID 101019636 was registered on 18 Dec 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101006634 was registered on 20 Nov 2024.

Recent News, Updates & Announcement

Frequently asked questions

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

    Volvo Group India Private Limited was incorporated on 02 Aug 1996.

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

    The authorized share capital of Volvo Group India Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 10.50 Cr.

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

    Currently 8 directors are associated with Volvo Group India Private Limited.

    • Manoj Sebastian
    • Laxminarayana Hegde
    • Johan Peter Herberts
    • Joseph Rajaratnam Satish Rajkumar
    • Gangadhar Somasundaram
    • Niklas Valdemar Gustafsson
    • Sofia Helena Frandberg
    • Kamal Bali

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Volvo Group India Private Limited is Yalachahally Village Tavarekere Post Hoskote Taluk, India, Bangalore, Karnataka, 560122.

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

    The corporate identification number (CIN) of Volvo Group India Private Limited is U50101KA1996PTC024176 and the company number is 024176 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Volvo Group India Private Limited is https://www.volvogroup.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Volvo Group India Private Limited has risen by 47.37%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Volvo Group India Private Limited has experienced an downturn of -21.99%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Volvo Group India Private Limited amount to ₹ 65.58 Cr.

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

    The most recent Balance Sheet for Volvo Group India Private Limited was filed with the ROC on 31 Mar 2024.

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