Volvo Financial Services (India) Private Limited - Company Profile

It is a financial services foreign private limited company based in Bangalore, Karnataka, India, established in 2015.

2015 Bangalore, Karnataka, India Active

Last Updated: January 05, 2026

About Volvo Financial Services (India) Private Limited

Volvo Financial Services (India) Private Limited, a active foreign private limited company, was established on 13 January 2015 in Bangalore, Karnataka, India. Engaging in asset financing companies within the financial and insurance service sector, it holds CIN: U65100KA2015FTC078252. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹524.47 Cr and a paid-up capital of ₹514.47 Cr.

Formerly known as Volvo Financial Services (India) Privatelimited, Volvo Financial Services (India) Private Limited. It upholds a compliant status. Employing 60 professional, Its leadership includes Kamal Bali (Director), Leandro Augusto Negro (Managing Director), Carlos Eduardo Modeli Ribeiro (Director). Past directors included Kamal Bali, Amit Kumar Sharma, Leandro Augusto Negro. Its latest AGM occurred on 19 August 2025, with the balance sheet filed on 31 March 2025. It is based at Yalachahally Village, Tavarekere Post, Hoskote Taluk, Bangalore, Karnataka, 562122.

Company Details

CIN/LLPIN
U65100KA2015FTC078252
Registration Number
078252
Incorporation Date
13 January 2015
Authorized Capital
₹524.47 Cr
Paid-Up Capital
₹514.47 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 524.47 Cr as on 05-01-2026
Paid Up Capital ₹ 514.47 Cr as on 05-01-2026
Company Age 11 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 1.45% (FY 2023)
Profit Growth **** 290.82% (FY 2023)
Ebitda **** 14.18% (FY 2023)
Net Worth 2.90% (FY 2023)
Total Assets **** 10.82% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Volvo Financial Services (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 Financial Services (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kamal Bali	Director	23 Mar 2020	Current
Leandro Augusto Negro	Managing Director	31 May 2021	Current
Carlos Eduardo Modeli Ribeiro	Director	27 Mar 2023	Current
Erwin Tan Chin Chong	Director	29 Oct 2021	Current
Brian James Dumbill	Director	25 Mar 2025	Current
Edmundo Jesus Rodriguez	Managing Director	10 Dec 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	01 Jul 2020	Past
Pramod Abcsdd	Additional Director	30 Sep 2021	Past
Pramod Abcsdd	Additional Director	31 May 2021	Past
Pramod Abcsdd	Additional Director	30 Sep 2021	Past
Pramod Abcsdd	Additional Director	06 Sep 2021	Past
Pramod Abcsdd	Director	19 Apr 2017	Past

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Financial Performance of Volvo Financial Services (India).

Volvo Financial Services (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.45% increase. The company also saw a substantial improvement in profitability, with a 290.82% increase in profit. The company's net worth moved up by a moderate rise of 2.9%.

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

********

1.45%

*******

Revenue from Operations

*******

-0.16%

*******

Total Assets

*******

10.82%

*******

Profit or Loss

*******

290.82%

*******

Net Worth

*******

2.90%

*******

EBITDA

*******

14.18%

*******

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What is the Ownership and Shareholding Structure of Volvo Financial Services (India)?

In 2023, Volvo Financial Services (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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How Many Employees Work at Volvo Financial Services (India)?

Volvo Financial Services (India) has a workforce of 60 employees as of Apr 08, 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 Financial Services (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 Financial Services (India)'s trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Volvo Financial Services (India)

Recent Activity within the Organization

Annual General Meeting

Volvo Financial Services (India) Private Limited last Annual general meeting of members was held on 19 Aug 2025 as per latest MCA records. was recorded as a recent event.
19 Aug 2025
Balance Sheet

Progress on Volvo Financial Services (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
31 Mar 2025
Director Appointment

Brian James Dumbill was appointed as a Director was appointed as a Director on 25 Mar 2025 & has been associated with this company since 10 months 29 days . was recorded as a recent event.
25 Mar 2025
Director Appointment

The activity Edmundo Jesus Rodriguez was appointed as a Managing Director was appointed as a Managing Director on 10 Dec 2024 & has been associated with this company since 1 year 2 months . was completed.
10 Dec 2024
Director Appointment

Carlos Eduardo Modeli Ribeiro was appointed as a Director was appointed as a Director on 27 Mar 2023 & has been associated with this company since 2 years 10 months . was recorded as a recent event.
27 Mar 2023
Director Appointment

Progress on Erwin Tan Chin Chong was appointed as a Director was appointed as a Director on 29 Oct 2021 & has been associated with this company since 4 years 3 months . was documented.
29 Oct 2021

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