About Volvo Buses India Private Limited.
Data last updated:
Volvo Buses India Private Limited. was a foreign private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 28 November 2006.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U34201KA2006FTC041071. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹50 Cr and a paid-up capital of ₹38.86 Cr. It was formerly known as Volvo Bus Bodytechnologies India Private Limited. It was led by directors including Sriprasad Venkataramana Rajeshwara Venugopala (Managing Director) and Akash Passey.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Yalachahally Tavarekere Post Hosakote Taluk, Bangalore, Karnataka, India – 562122.
As per the financials filed for FY 2015, the company reported a revenue of ₹397.04 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹52.63 Cr (net margin -13.3%) and EBITDA of -₹49.63 Cr (EBITDA margin -12.5%).
The company had about 416 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Volvo. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it. The company has 1 deal on record (1 acquisition); the latest was in December 2010.
The last known website on record is volvo.com.
Company details
Contact details
Volvo Buses India Private Limited.'s registered office is in Bangalore, Karnataka. Its website is volvo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressYalachahally Tavarekere Post Hosakote Taluk, Bangalore, Karnataka, India – 562122
- IndustryAutomotive, Auto Dealership & Trading, Passenger Vehicles
To see the full contact details of Volvo Buses India 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
Financials of Volvo Buses India Private Limited.
FY 2015 filings availableVolvo Buses India Private Limited. reported revenue of ₹397.04 Cr (up 43% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹397.04 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹49.63 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹52.63 Cr |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -12.5% |
| Net Profit Margin | -13.3% |
| 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 | |
To see the full financial statements and ratios of Volvo Buses India Private Limited., buy the company report.
Board of directors and KMP of Volvo Buses India Private Limited.
Volvo Buses India Private Limited. currently reports 3 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kempalingaiah Ramamurthy | Company Secretary | 18 Sep 2007 | 19 Years 1 Months | As last reported |
| Gierc Ewa Katarzyna | Nominee Director | 01 Jan 2013 | 13 Years 10 Months | As last reported |
| Akash Passey | Director | 28 Nov 2006 | 19 Years 11 Months | As last reported |
| Sriprasad Venkataramana Rajeshwara Venugopala Also directs: Hess Greenmobility India Private Limited, JCBL Limited | Managing Director | 14 May 2014 | 12 Years 5 Months | As last reported |
Auditor
Volvo Buses India Private Limited. is audited by PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP | FY 2015 | 304026E |
Shareholding
The shareholding of Volvo Buses India Private Limited. is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Volvo Buses India Private Limited., buy the company report.
Deals & funding
Volvo Buses India Private Limited. has 1 deal on record (1 acquisition); the latest was in December 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2010 | Acquisition | Undisclosed | Buyer: an individual Seller: Azad Coach Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Volvo Buses India Private Limited. has 12 court cases on record: 4 filed by Volvo Buses India Private Limited, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 6 | 0 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Revision petition | Filed against the company by HDFC Ergo General Insurance Company Ltd., | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by M/S. KNK Nexgen Construction Pvt. Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Ms. Wilbursmith Associates Pvt. Ltd.Wsapl | Disposed |
| High Court | Tax appeal | Filed against the company by The Principal Commissioner of Central Tax -GST | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by Volvo India Private Limited | Disposed |
To see the full case history of Volvo Buses India Private Limited., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Volvo Buses India Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Volvo Buses India Private Limited. has a workforce of 416 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Volvo Buses India Private Limited has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Volvo Buses India Private Limited., buy the company report.
Recent activity
Volvo Buses India Private Limited. has 16 board changes on record since 2006: 4 appointments and 12 cessations. The latest: Manish Sahi ceased to be Managing Director on 14 May 2014.
7 earlier events are in the company report.
News
Frequently asked questions
Volvo Buses India Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Volvo Buses India Private Limited was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 28 November 2006 and is registered under CIN U34201KA2006FTC041071. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Volvo Buses India Private Limited was incorporated on 28 November 2006. It is registered with the Registrar of Companies, Bangalore.
Volvo Buses India Private Limited had 4 directors and KMP:
- Sriprasad Venkataramana Rajeshwara Venugopala - Managing Director
- Gierc Ewa Katarzyna - Nominee Director
- Akash Passey - Director
- Kempalingaiah Ramamurthy - Company Secretary
The CIN (Corporate Identification Number) of Volvo Buses India Private Limited is U34201KA2006FTC041071. 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 Volvo Buses India Private Limited is at Yalachahally Tavarekere Post Hosakote Taluk, Bangalore, Karnataka, India – 562122.
Volvo Buses India Private Limited can be reached through the website volvo.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Volvo Buses India Private Limited on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Volvo Buses India Private Limited has 7 GST registrations on record and all of them are cancelled or inactive.
Volvo Buses India Private Limited operated in the automotive industry, in the auto dealership and trading segment.
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