About Vega Composites Limited
Data last updated:
Vega Composites Limited was a public limited company based in Belgaum, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 March 2000.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U45100KA2000PLC026818.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It was led by directors including Girdhari Premraj Chindak and Uttam Premraj Chindak.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 543 Vithaldev Lane Shahapur Belgaum, Karnataka, India – 590003.
The last known website on record is vegaauto.com.
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- Website
- Social Media
- Registered Address543 Vithaldev Lane Shahapur Belgaum, Karnataka, India – 590003
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Vega Composites Limited FY 2022 filings available
Vega Composites Limited reported revenue of ₹1,880 for FY 2022.
Financial Statement Summary of Vega Composites Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1,880 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vega Composites Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vega Composites are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vega Composites Limited
Vega Composites Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chunduru Devanay Estates Private Limited | ₹1,893 (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Om Morya Constructions Private Limited | ₹1,884 (FY 2025) | •••• | •••• | 7.0% | •••• | Indore, Madhya Pradesh, India |
| Balavan Constructions Private Limited | ₹1,880 (FY 2020) | •••• | •••• | 1170.0% | •••• | Bangalore, Karnataka, India |
| Vega Composites Limited this company | ₹1,880 (FY 2022) | •••• | •••• | •••• | Belgaum, Karnataka, India | |
| RP Green Hotels & Properties Private Limited | ₹1,880 (FY 2022) | •••• | •••• | -100.0% | •••• | Lucknow, Uttar Pradesh, India |
| Phhantom Infra Private Limited | ₹1,880 (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Yash Promoters and Builders Pvt Ltd | ₹1,879 (FY 2025) | •••• | •••• | -99.0% | •••• | New Delhi, Delhi, India |
| BDJ Developers Private Limited | ₹1,873 (FY 2016) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Savitri Constructions Private Limited | ₹1,860 (FY 2025) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| St Anns Builders and Developers Private Limited | ₹1,860 (FY 2018) | •••• | •••• | •••• | Thrissur, Kerala, India | |
| Manak Properties and Finance Private Limited | ₹1,853 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Vega Composites by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vega Composites Limited
Vega Composites Limited is audited by RAJENDRA SANJEEV AND COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJENDRA SANJEEV AND COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vega Composites Limited
Vega Composites has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girdhari Premraj Chindak Also directs: Axor Composites Private Limited, Vega Auto Accessories Limited, Vega Funmobiles Private Limited and 5 more | Director | 30 Mar 2000 | 26 Years 6 Months | As last reported |
| Uttam Premraj Chindak Also directs: Axor Composites Private Limited, Vega Auto Accessories Limited, Lotus Landmarks (India) Private Limited and 1 more | Director | 30 Mar 2000 | 26 Years 6 Months | As last reported |
| Dilip Premraj Chindak Also directs: Axor Composites Private Limited, Vega Auto Accessories Limited, Vega Funmobiles Private Limited and 4 more | Director | 30 Mar 2000 | 26 Years 6 Months | As last reported |
| Suhas Premraj Chindak | Director | 30 Mar 2000 | 26 Years 6 Months | As last reported |
Ownership and Shareholding of Vega Composites Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vega Composites Limited
Vega Composites Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Vega Composites Limited
Employment history and EPFO contributions of people linked to Vega Composites.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Vega Composites Limited
Vega Composites has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45100KA2000PLC026818, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100KA2000PLC026818 | Current |
| U74999KA2000PLC026818 | Previous |
| U74900KA2000PLC026818 | Previous |
| U72200KA2000PLC026818 | Previous |
Recent Activity on Vega Composites Limited
Vega Composites Limited has 4 board changes on record since 2000: 4 appointments. The latest: Dilip Premraj Chindak was appointed as Director on 30 Mar 2000.
Credit Ratings, Litigation & Regulatory Alerts for Vega Composites Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vega Composites Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vega Composites Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vega Composites Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vega Composites Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vega Composites Limited
Vega Composites has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vega Composites was a public limited company based in Belgaum, Karnataka, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 March 2000 and is registered under CIN U45100KA2000PLC026818. The company has been struck off by the Registrar of Companies and is no longer operational.
Vega Composites had 4 directors:
- Girdhari Premraj Chindak - Director
- Uttam Premraj Chindak - Director
- Dilip Premraj Chindak - Director
- Suhas Premraj Chindak - Director
The CIN (Corporate Identification Number) of Vega Composites is U45100KA2000PLC026818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vega Composites is at 543 Vithaldev Lane Shahapur Belgaum, Karnataka, India – 590003.
Vega Composites was incorporated on 30 March 2000. It is registered with the Registrar of Companies, Bangalore.
Vega Composites can be reached through the website vegaauto.com. Its registered office is in Belgaum, Karnataka, India.
Vega Composites has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh.
Vega Composites operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
No. Vega Composites is not listed on any stock exchange. It is an unlisted company.
The peers of Vega Composites by revenue are Chunduru Devanay Estates Private Limited, Om Morya Constructions Private Limited, Balavan Constructions Private Limited, RP Green Hotels & Properties Private Limited, Phhantom Infra Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).