Punjab Velocity Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.99 M
- Company Age 12 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.00 M
- Satisfied Charges ₹ 7.25 Cr
- Revenue Growth -0.65%
- Profit Growth 82.15%
- Ebitda -63.26%
- Net Worth 16.22%
- Total Assets 16.86%
About Punjab Velocity
Punjab Velocity Private Limited (PVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 June 2012 and has a history of 12 years and eight months. Its registered office is in Yamuna Nagar, Haryana, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.99 M.
The company currently has active open charges totaling ₹9.00 M. The company has closed loans amounting to ₹7.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kewal Garg and Parveen Kumar serve as directors at the Company.
Company Details
- Location
Yamuna Nagar, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50200HR2012PTC046256
- Company No.
046256
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jun 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Punjab Velocity?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kewal Garg  | Director | 18-Jun-2012 | Current |
| Parveen Kumar | Director | 18-Jun-2012 | Current |
Financial Performance of Punjab Velocity.
Punjab Velocity Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.65% decrease. The company also saw a substantial improvement in profitability, with a 82.15% increase in profit. The company's net worth Soared by an impressive increase of 16.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Punjab Velocity?
In 2021, Punjab Velocity had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Punjab Buildcon LlpKewal Garg is a mutual person
- Velocity Autolinks Private Limited
Kewal Garg and Parveen Kumar are mutual person
Charges (Loans)
₹0.90 Cr
₹7.25 Cr
Charges Breakdown by Lending Institutions
- Tata Capital Financial Services Limited : 0.50 Cr
- Hdfc Bank Limited : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2020 | Hdfc Bank Limited | ₹4.00 M | Open |
| 30 Apr 2013 | Tata Capital Financial Services Limited | ₹2.52 M | Open |
| 30 Apr 2013 | Tata Capital Financial Services Limited | ₹1.58 M | Open |
| 30 Apr 2013 | Tata Capital Financial Services Limited | ₹0.90 M | Open |
| 01 Mar 2016 | Others | ₹1.50 Cr | Satisfied |
How Many Employees Work at Punjab Velocity?
Punjab Velocity has a workforce of 9 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Punjab Velocity, 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 Punjab Velocity'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.
