Commerce Velocity (India) Private Limited

Commerce Velocity (India) Private Limited

Provides support services for software development and programming in India.
2001 | Bangaluru, Karnataka (India) | Active

Last Updated:

October 24, 2024
HomeCompanyCommerce Velocity (India) Private Limited

Who are the key members and board of directors at Commerce Velocity (India)?

Board Members(3)

NameDesignationAppointment DateStatus
Michael Giddings Us Director 15-Dec-2010Current
Timothy Roache Us Director 08-Dec-2021Current
Ollukaran George In Director 29-Sep-2016Current

Financial Performance and Corporate Structure Insights of Commerce Velocity (India).

Commerce Velocity (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.38% increase. The company also saw a substantial fall in profitability, with a 386.13% decrease in profit. The company's net worth dipped by a decrease of 6.98%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
44.38%
Revenue from Operations
Total Assets
-7.26%
Profit or Loss
-386.13%
Net Worth
-6.98%
EBITDA
-5497.27%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Commerce Velocity (India)?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Commerce Velocity (India)

Recent activity within the organization

  • Annual General Meeting

    Commerce Velocity (India) Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Commerce Velocity (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Timothy Jay Roache was appointed as a Director was appointed as a Director on 08 Dec 2021 & has been associated with this company since 3 years 13 days .

    08 Dec 2021

  • Director Appointment

    Ollukaran Inasu George was appointed as a Director was appointed as a Director on 29 Sep 2016 & has been associated with this company since 8 years 2 months .

    29 Sep 2016

  • Director Appointment

    Michael Andrew Giddings was appointed as a Director was appointed as a Director on 15 Dec 2010 & has been associated with this company since 14 years 6 days .

    15 Dec 2010

  • Company Incorporation

    Commerce Velocity (India) Private Limited was registered on 06 Feb 2001 with Roc Bangalore & aged 23 years 10 months as per MCA records.

    06 Feb 2001

Frequently asked questions

  • Commerce Velocity (India) Private Limited was incorporated on 06 Feb 2001.

  • The authorized share capital of Commerce Velocity (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Commerce Velocity (India) Private Limited.

    • Michael Andrew Giddings
    • Timothy Jay Roache
    • Ollukaran Inasu George
  • As per Ministry of Corporate Affairs (Mca), the registered address of Commerce Velocity (India) Private Limited is 249 Guruprasada 15Th Main, 4Th T Block Jayanagar India, Bangalore, Karnataka, 560049.

  • The corporate identification number (CIN) of Commerce Velocity (India) Private Limited is U72200KA2001PTC083039 and the company number is 083039 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Commerce Velocity (India) Private Limited has risen by 44.38%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Commerce Velocity (India) Private Limited has experienced an downturn of -6.98%.

  • The most recent Balance Sheet for Commerce Velocity (India) Private Limited was filed with the ROC on 31 Mar 2023.

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