Volta Energy & Textiles Private Limited
About Volta Energy & Textiles Private Limited
Data last updated:
Volta Energy & Textiles Private Limited was a private limited company based in Burhanpur, Madhya Pradesh, 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 textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 21 April 2005.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U45204MP2005PTC017534. Its GSTIN is 23AACCI0342J1Z0 (Madhya Pradesh).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Tariq Syed and Syed Farid.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Nav Bharat Compound Industrial Estate, Burhanpur, Madhya Pradesh, India.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.16 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹3.63 Lakh (net margin -167.5%) and EBITDA of -₹3.41 Lakh (EBITDA margin -157.7%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 27% over five years.
Company details
Contact details
Volta Energy & Textiles Private Limited's registered office is in Burhanpur, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNav Bharat Compound Industrial Estate, Burhanpur, Madhya Pradesh, India
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Volta Energy & Textiles Private Limited, buy the company report.
- 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
Business activity
The main business activity of Volta Energy & Textiles is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Volta Energy & Textiles Private Limited, buy the company report.
Financials of Volta Energy & Textiles Private Limited
FY 2021 filings availableVolta Energy & Textiles Private Limited reported revenue of ₹2.16 Lakh (down 75% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 75% fall in the latest year. EBITDA rose 26% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹3.41 Lakh | ||||
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| Net Profit (PAT) | -₹3.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -157.7% | ||||
| Net Profit Margin | -167.5% | ||||
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To see the full financial statements and ratios of Volta Energy & Textiles Private Limited, buy the company report.
Board of directors of Volta Energy & Textiles Private Limited
Volta Energy & Textiles has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tariq Syed Also directs: Silvotex Solutions Private Limited | Director | 09 Oct 2010 | 16 Years 0 Months | As last reported |
| Syed Farid Also directs: Burhanpur Sukhpuri Textile Cluster Association | Director | 21 Apr 2005 | 21 Years 6 Months | As last reported |
Auditor
Volta Energy & Textiles Private Limited is audited by PRASHANT SHROFF & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANT SHROFF & ASSOCIATES | FY 2017 | 125832W |
Shareholding
The shareholding of Volta Energy & Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Volta Energy & Textiles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Volta Energy & Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Volta Energy & Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Volta Energy & Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCI0342J1Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Volta Energy & Textiles Private Limited, buy the company report.
Recent activity
Volta Energy & Textiles Private Limited has 8 board changes on record since 2005: 2 appointments and 6 cessations. The latest: Arifa Shirin Syed ceased to be Additional Director on 19 Apr 2024.
Frequently asked questions
Volta Energy & Textiles 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.
Volta Energy & Textiles was a private limited company based in Burhanpur, Madhya Pradesh, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 21 April 2005 and is registered under CIN U45204MP2005PTC017534. The company has been struck off by the Registrar of Companies and is no longer operational.
Volta Energy & Textiles had 2 directors:
- Tariq Syed - Director
- Syed Farid - Director
The CIN (Corporate Identification Number) of Volta Energy & Textiles is U45204MP2005PTC017534. 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 Volta Energy & Textiles is at Nav Bharat Compound Industrial Estate, Burhanpur, Madhya Pradesh, India.
Volta Energy & Textiles was incorporated on 21 April 2005. It is registered with the Registrar of Companies, Gwalior.
The latest financial statements of Volta Energy & Textiles on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Volta Energy & Textiles is 23AACCI0342J1Z0, registered in Madhya Pradesh.
Volta Energy & Textiles operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
Arifa Shirin Syed ceased to be Additional Director on 19 Apr 2024. Pranav Parashar ceased to be Additional Director on 19 Apr 2024. Shaheen Shah ceased to be Additional Director on 19 Apr 2024. Volta Energy & Textiles has 8 board changes on record in total.