Vega Aviation Products Private Limited Company Logo

Vega Aviation Products Private Limited - Company Profile

It is a machinery and equipment private limited company based in Belgaum, Karnataka, India, established in 2005.

2005 | Belgaum, Karnataka, India | Active
Last Updated:

About Vega Aviation Products Private Limited

Vega Aviation Products Private Limited, a active private limited company, was established on 31 May 2005 in Belgaum, Karnataka, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U35303KA2005PTC036436. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹23.60 Cr and a paid-up capital of ₹23.51 Cr.

It upholds a compliant status. Employing 293 professional, Its leadership includes Alaka Suhas Chandak (Director), Suhas Premraj Chindak (Director). Past directors included Girdhari Premraj Chindak, Uttam Premraj Chindak, Dilip Premraj Chindak. It holds ₹8.00 Cr open charges and ₹4.56 Cr settled loans. Its latest AGM occurred on 13 November 2024, with the balance sheet filed on 31 March 2024. It is based at Sy No 230, 231/2 Desur Village, Belgaum, Karnataka, 590014.

Company Details

  • CIN/LLPIN

    U35303KA2005PTC036436

  • Registration Number

    036436

  • Incorporation Date

    31 May 2005

  • Authorized Capital

    ₹23.60 Cr

  • Paid-Up Capital

    ₹23.51 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 23.60 Cr
  • Paid Up Capital ₹ 23.51 Cr
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 4.56 Cr
  • Revenue Growth -25.74%
  • Profit Growth -32.13%
  • Ebitda 69.69%
  • Net Worth 18.09%
  • Total Assets 13.29%
Company report

Vega Aviation Products Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Vega Aviation Products Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vega Aviation Products Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Alaka Suhas ChandakDirector15 Mar 2023Current
Suhas Premraj ChindakDirector01 Jun 2005Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector20 Mar 2023Past
Pramod AbcsddDirector20 Mar 2023Past
Pramod AbcsddDirector20 Mar 2023Past
Pramod AbcsddCompany Secretary-Past

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Financial Performance of Vega Aviation Products.

Vega Aviation Products Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 25.74% decrease. The company also saw a substantial fall in profitability, with a 32.13% decrease in profit. The company's net worth Soared by an impressive increase of 18.09%.

Vega Aviation Products revenue growth over time
Vega Aviation Products 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
-25.74%
Revenue from Operations
-26.51%
Total Assets
13.29%
Profit or Loss
-32.13%
Net Worth
18.09%
EBITDA
69.69%

What is the Ownership and Shareholding Structure of Vega Aviation Products?

In 2023, Vega Aviation Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹80,000,000.00

Satisfied Charges

₹45,588,680.00

Charges Breakdown by Lending Institutions

  • Others : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2020Others₹8.00 CrOpen
30 Sep 2019Others₹9.59 MSatisfied
29 Sep 2015Axis Bank Limited₹1.50 CrSatisfied
13 Mar 2008State Bank Of India₹2.10 CrSatisfied

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How Many Employees Work at Vega Aviation Products?

Vega Aviation Products has a workforce of 293 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Vega Aviation Products Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vega Aviation Products, 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 Vega Aviation Products'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 Vega Aviation Products

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Vega Aviation Products Private Limited last Annual general meeting of members was held on 13 Nov 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Others of Rs. 8.00 Cr registered on 27 Feb 2020 with Charge ID 100329744 was modified on 21 Sep 2024. was completed.

  • Balance Sheet

    Vega Aviation Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Alaka Suhas Chandak was appointed as a Director was appointed as a Director on 15 Mar 2023 & has been associated with this company since 2 years 8 months . was recorded as a recent event.

  • Charges

    The activity A charge registered on 30 Sep 2019 via Charge ID 100297175 with Others was fully satisfied on 12 Nov 2021. was completed.

  • Charges

    Progress on A charge registered on 29 Sep 2015 via Charge ID 10598162 with Axis Bank Limited was fully satisfied on 20 May 2020. was documented.

Frequently Asked Questions

  • What is the CIN of Vega Aviation Products Private Limited?

    The CIN of Vega Aviation Products Private Limited is U35303KA2005PTC036436.

  • Where is Vega Aviation Products Private Limited headquartered?

    Vega Aviation Products Private Limited is headquartered at Sy No 230, 231/2 Desur Village, Belgaum, Karnataka, 590014.

  • When was Vega Aviation Products Private Limited incorporated?

    Vega Aviation Products Private Limited was incorporated on 31 May 2005.

  • Who are the current directors of Vega Aviation Products Private Limited?

    The current directors of Vega Aviation Products Private Limited are

  • What is the primary industry of Vega Aviation Products Private Limited?

    The primary industry of Vega Aviation Products Private Limited is Manufacturing.

  • Is Vega Aviation Products Private Limited a listed company?

    Vega Aviation Products Private Limited is unlisted.

  • What is the capital structure of Vega Aviation Products Private Limited?

    The authorized capital of Vega Aviation Products Private Limited is ₹23.60 Cr, and the paid-up capital is ₹23.51 Cr.

  • What is the compliance status of Vega Aviation Products Private Limited?

    The compliance status of Vega Aviation Products Private Limited is Compliant.

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