Volvo Ce India Private Limited - Company Profile

It is a machinery and equipment foreign private limited company based in Bangalore, Karnataka, India, established in 2018.

2018 Bangalore, Karnataka, India Active

Last Updated: January 05, 2026

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About Volvo Ce India Private Limited

Volvo Ce India Private Limited, a active foreign private limited company, was established on 03 July 2018 in Bangalore, Karnataka, India. Engaging in construction machinery & equipment within the manufacturing sector, it holds CIN: U29304KA2018FTC114454. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹500.00 Cr and a paid-up capital of ₹372.94 Cr.

Employing 299 professional, Its leadership includes Dimitrov Krishnan (Managing Director), Mirko Scarana (Director), Knight Mark Andrew (Director). Past directors included Muttath Varghese Joseph, Dimitrov Krishnan, Mirko Scarana. It holds ₹9.16 Cr open charges and ₹1.37 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No 7 & 8, Phase I Peenya Industrial Area, Peenya, Bangalore, Karnataka, 560058.

Company Details

CIN/LLPIN
U29304KA2018FTC114454
Registration Number
114454
Incorporation Date
03 July 2018
Authorized Capital
₹500.00 Cr
Paid-Up Capital
₹372.94 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 500.00 Cr as on 05-01-2026
Paid Up Capital ₹ 372.94 Cr as on 05-01-2026
Company Age 7 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 9.16 Cr as on 05-01-2026
Satisfied Charges ₹ 1.37 Cr as on 05-01-2026
Revenue Growth **** 18.99% (FY 2023)
Profit Growth **** -441.08% (FY 2023)
Ebitda **** 145.76% (FY 2023)
Net Worth -21.85% (FY 2023)
Total Assets -9.27% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Volvo Ce India 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 Volvo Ce India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Dimitrov Krishnan	Managing Director	03 Jul 2018	Current
Mirko Scarana	Director	25 Mar 2021	Current
Knight Mark Andrew	Director	03 Jul 2018	Current
Deepak Dinkar Joshi	Director	07 Dec 2021	Current
Dharmendra Pandey	Director	07 Dec 2021	Current
Rohnny Marie R Van Calck	Director	25 Sep 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Nov 2020	Past
Pramod Abcsdd	Director	03 Jul 2018	Past
Pramod Abcsdd	Additional Director	30 Sep 2021	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Director	16 Mar 2020	Past
Pramod Abcsdd	Director	23 Jul 2018	Past

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Financial Performance of Volvo Ce India.

Volvo Ce India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.99% increase. The company also saw a substantial fall in profitability, with a 441.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.85%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

18.99%

*******

Revenue from Operations

*******

20.90%

*******

Total Assets

*******

-9.27%

*******

Profit or Loss

*******

-441.08%

*******

Net Worth

*******

-21.85%

*******

EBITDA

*******

145.76%

*******

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What is the Ownership and Shareholding Structure of Volvo Ce India?

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

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹91,638,181.00

Satisfied Charges

₹13,745,888.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 9.16 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Jun 2025	Hdfc Bank Limited	₹1.20 M	Open
25 Jun 2025	Hdfc Bank Limited	₹1.98 M	Open
16 Jun 2025	Hdfc Bank Limited	₹2.29 M	Open
04 Jun 2025	Hdfc Bank Limited	₹2.66 M	Open
29 May 2025	Hdfc Bank Limited	₹1.85 M	Open

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How Many Employees Work at Volvo Ce India?

Volvo Ce India has a workforce of 299 employees as of Apr 04, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Volvo Ce India, 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 Volvo Ce India's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Volvo Ce India

Recent Activity within the Organization

Charges

A charge registered on 13 Oct 2021 via Charge ID 100497170 with Hdfc Bank Limited was fully satisfied on 07 Oct 2025. was recorded as a recent event.
07 Oct 2025
Annual General Meeting

The activity Volvo Ce India Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.
29 Sep 2025
Director Appointment

Rohnny Marie R Van Calck was appointed as a Director was appointed as a Director on 25 Sep 2025 & has been associated with this company since 4 months 24 days . was recorded as a recent event.
25 Sep 2025
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 101157099 was registered on 26 Jun 2025. was completed.
26 Jun 2025
Charges

A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101157096 was registered on 25 Jun 2025. was recorded as a recent event.
25 Jun 2025
Charges

A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 101156624 was registered on 16 Jun 2025. was recorded as a recent event.
16 Jun 2025

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