Volvo Group India Private Limited - Company Profile

It is a automotive private limited company based in Bangalore, Karnataka, India, established in 1996.

1996 Bangalore, Karnataka, India Active

Last Updated: January 05, 2026

About Volvo Group India Private Limited

Volvo Group India Private Limited, a active private limited company, was established on 02 August 1996 in Bangalore, Karnataka, India. Engaging in commercial vehicles & fleet within the manufacturing sector, it holds CIN: U50101KA1996PTC024176. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹10.50 Cr.

Formerly known as Volvo Penta India Private Limited, Volvo India Private Limited. It upholds a compliant status. Its leadership includes Kamal Bali (Managing Director), Niklas Valdemar Gustafsson (Director), Sofia Helena Frandberg (Director). Past directors included Karl Axel Joachim Hjerpe, Mrityunjaya Singh, Kamal Bali. It holds ₹57.79 Cr open charges and ₹103.84 Cr settled loans. Its latest AGM occurred on 29 August 2025, with the balance sheet filed on 31 March 2025. It is based at Yalachahally Village,Tavarekere Post, Hoskote Taluk,, Bangalore, Karnataka, 560122.

Company Details

CIN/LLPIN
U50101KA1996PTC024176
Registration Number
024176
Incorporation Date
02 August 1996
Authorized Capital
₹100.00 Cr
Paid-Up Capital
₹10.50 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 100.00 Cr as on 05-01-2026
Paid Up Capital ₹ 10.50 Cr as on 05-01-2026
Company Age 29 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 57.79 Cr as on 05-01-2026
Satisfied Charges ₹ 103.84 Cr as on 05-01-2026
Revenue Growth **** 31.26% (FY 2024)
Profit Growth **** 48.13% (FY 2024)
Ebitda **** 43.79% (FY 2024)
Net Worth 13.65% (FY 2024)
Total Assets **** 14.86% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Volvo Group 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 Group India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kamal Bali	Managing Director	01 Apr 2014	Current
Niklas Valdemar Gustafsson	Director	01 Apr 2014	Current
Sofia Helena Frandberg	Director	16 Jun 2023	Current
Joseph Rajaratnam Satish Rajkumar	Director	14 Jun 2024	Current
Johan Peter Herberts	Additional Director	31 Jan 2025	Current
Gangadhar Somasundaram	Director	01 May 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	18 Sep 2008	Past
Pramod Abcsdd	Director	01 Oct 2010	Past
Pramod Abcsdd	Additional Director	01 Apr 2014	Past
Pramod Abcsdd	Director	05 Mar 2012	Past
Pramod Abcsdd	Director	05 Mar 2012	Past
Pramod Abcsdd	Additional Director	21 Sep 2023	Past

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Financial Performance of Volvo Group India.

Volvo Group India Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 31.26% increase. The company also saw a substantial improvement in profitability, with a 48.13% increase in profit. The company's net worth Soared by an impressive increase of 13.65%.

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

********

31.26%

*******

Revenue from Operations

*******

31.65%

*******

Total Assets

*******

14.86%

*******

Profit or Loss

*******

48.13%

*******

Net Worth

*******

13.65%

*******

EBITDA

*******

43.79%

*******

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

In 2024, Volvo Group 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

₹577,865,956.00

Satisfied Charges

₹1,038,397,596.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 57.79 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Dec 2025	Hdfc Bank Limited	₹0.98 M	Open
25 Nov 2025	Hdfc Bank Limited	₹2.24 M	Open
24 Nov 2025	Hdfc Bank Limited	₹2.45 M	Open
15 Nov 2025	Hdfc Bank Limited	₹4.49 M	Open
31 Oct 2025	Hdfc Bank Limited	₹2.01 M	Open

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How Many Employees Work at Volvo Group India?

Unlock and access historical data on people associated with Volvo Group India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Group 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 Group 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 Group India

Recent Activity within the Organization

Charges

A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101207729 was registered on 05 Dec 2025. was recorded as a recent event.
05 Dec 2025
Charges

A charge registered on 11 Aug 2022 via Charge ID 100626697 with Hdfc Bank Limited was fully satisfied on 02 Dec 2025. was recorded as a recent event.
02 Dec 2025
Charges

A charge registered on 27 Jul 2022 via Charge ID 100603913 with Hdfc Bank Limited was fully satisfied on 02 Dec 2025. was recorded as a recent event.
02 Dec 2025
Charges

A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 101207793 was registered on 25 Nov 2025. was recorded as a recent event.
25 Nov 2025
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101207719 was registered on 24 Nov 2025. was documented.
24 Nov 2025
Charges

Progress on A charge with Hdfc Bank Limited of Rs. 0.12 Cr registered on 14 Feb 2022 with Charge ID 100563800 was modified on 21 Nov 2025. was documented.
21 Nov 2025

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