Volgadelite Plastic Udyog Private Limited

Volgadelite Plastic Udyog Private Limited - packaging in Vasai, Maharashtra, India. Directors, charges & compliance details.
CIN U25209MH1994PTC078300 Incorporated 10 May 1994 ROC Mumbai HQ Vasai, Maharashtra, India
Under Liquidation Private Limited Company packaging
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹8.33 Cr
Issued & subscribed
Open charges
₹100.38 Cr
Satisfied ₹49.19 Lakh
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
Last financials
Mar 2014
Balance sheet date
Last AGM
30 Sep 2014
Annual general meeting
Company status
Under Liquidation
MCA master data

About Volgadelite Plastic Udyog Private Limited

Data last updated:

Volgadelite Plastic Udyog Private Limited is a private limited company based in Vasai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 10 May 1994.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1994PTC078300.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.33 Cr. It was formerly known as Volgadelite Plastic Udyog Limited. It is led by directors Pramod Kumar Mahendrapal Drolia (Managing Director) and Praveenkumar Mahendrapal Drolia (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at Survey No 49 Hissa No 3A Plot No – C Village Devdal Kaman Road Taluka Vasai, Maharashtra, India – 401208.

As per MCA filings, the company has open charges of ₹100.38 Cr and satisfied charges of ₹49.19 Lakh on record. Court records list 18 cases involving the company, including 12 filed by the company and 6 filed against it; 2 cases are pending.

Company details

CIN U25209MH1994PTC078300
Registration Number 078300
Incorporation Date 10 May 1994
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation

CIN history

Volgadelite Plastic Udyog has one previous CIN (Corporate Identification Number): U25209MH1994PLC078300. The current CIN is U25209MH1994PTC078300, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U25209MH1994PTC078300Current
U25209MH1994PLC078300Previous

Contact details

Volgadelite Plastic Udyog Private Limited's registered office is in Vasai, Maharashtra.

  • Social Media
  • Registered Address
    Survey No 49 Hissa No 3A Plot No – C Village Devdal Kaman Road Taluka Vasai, Maharashtra, India – 401208
  • Industry
    Packaging, Industrial Packaging Solutions
Comprehensive company report
Volgadelite Plastic Udyog Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Volgadelite Plastic Udyog Private Limited

FY 2014 filings available

Financial Statement Summary

MetricsFY 2013-14
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
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

MetricsFY 2013-14
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

To see the full financial statements and ratios of Volgadelite Plastic Udyog Private Limited, buy the company report.

Board of directors of Volgadelite Plastic Udyog Private Limited

Volgadelite Plastic Udyog has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Praveenkumar Mahendrapal DroliaWhole-Time Director10 May 199432 Years 6 MonthsAs last reported
Pramod Kumar Mahendrapal DroliaManaging Director10 May 199432 Years 6 MonthsAs last reported

Charges & borrowings

Open charges
₹100.38 Cr
Satisfied charges
₹49.19 Lakh
Breakdown by lending institutions
State Bank of India₹100.38 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Nov 200610029809State Bank of India₹49.94 CrOpen
27 Nov 200610029763State Bank of India₹49.94 CrOpen
02 Jun 199790387315State Bank of India₹25 LakhOpen
02 Jun 199790349000State Bank of India₹25 LakhOpen
27 Jan 201110270128Religare Finvest Limited₹49.19 LakhSatisfied

To see the full charge records of Volgadelite Plastic Udyog Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Volgadelite Plastic Udyog Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Volgadelite Plastic Udyog Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Volgadelite Plastic Udyog Private Limited has 8 board changes on record since 1994: 2 appointments and 6 cessations. The latest: Amit Chaturvedi Mahendranath ceased to be Director on 15 Dec 2012.

AGM
Volgadelite Plastic Udyog Private Limited last Annual general meeting of members was held on 30 Sep 2014 as per latest MCA records.
Filing
Volgadelite Plastic Udyog Private Limited has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Mumbai.
Charges
A charge registered on 27 Jan 2011 via Charge ID 10270128 with Religare Finvest Limited was fully satisfied on 01 Mar 2013.
Ceased
Amit Chaturvedi Mahendranath ceased to be Director.
Ceased
Komil Hemant Shah ceased to be Director.
Ceased
Sanjaykumar Manglunia ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 49.94 Cr registered on 27 Nov 2006 with Charge ID 10029809 was modified on 14 Jan 2012.
Charges
A charge with State Bank Of India of Rs. 49.94 Cr registered on 27 Nov 2006 with Charge ID 10029763 was modified on 14 Jan 2012.
Ceased
Pramod Kumar Mahendrapal Drolia ceased to be Director.
Ceased
Praveenkumar Mahendrapal Drolia ceased to be Director.
Charges
A charge with Religare Finvest Limited amounted to Rs. 0.49 Cr with Charge ID 10270128 was registered on 27 Jan 2011.
Ceased
Bipin Pramod Kumar Drolia ceased to be Director.

9 earlier events are in the company report.

Frequently asked questions

Volgadelite Plastic Udyog is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Volgadelite Plastic Udyog is a company under liquidation, formerly operating as a private limited company based in Vasai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 10 May 1994 and is registered under CIN U25209MH1994PTC078300. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Volgadelite Plastic Udyog has 2 current directors:

The latest financial statements of Volgadelite Plastic Udyog on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Volgadelite Plastic Udyog is U25209MH1994PTC078300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Volgadelite Plastic Udyog has open charges of ₹100.38 Cr and satisfied charges of ₹49.19 Lakh as per latest MCA filings.

Volgadelite Plastic Udyog has 18 court cases on record: 12 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.

Volgadelite Plastic Udyog was incorporated on 10 May 1994. It is registered with the Registrar of Companies, Mumbai.

Amit Chaturvedi Mahendranath ceased to be Director on 15 Dec 2012. Komil Hemant Shah ceased to be Director on 31 Mar 2012. Sanjaykumar Manglunia ceased to be Director on 31 Mar 2012. Volgadelite Plastic Udyog has 8 board changes on record in total.

The registered office of Volgadelite Plastic Udyog is at Survey No 49 Hissa No 3A Plot No – C Village Devdal Kaman Road Taluka Vasai, Maharashtra, India – 401208.