Vel It Solution Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 11-12-2024
- Paid Up Capital ₹ 0.10 M
as on 11-12-2024
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 407.13%
(FY 2020)
- Profit 109.09%
(FY 2020)
- Ebitda -76.39%
(FY 2020)
- Net Worth 5.80%
(FY 2020)
- Total Assets -62.16%
(FY 2020)
About Vel It Solution
The Company is engaged in the Information Technology 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Raman Sudhakar and Ravi Bhaskar serve as directors at the Company.
- CIN/LLPIN
U74900KA2011PTC057042
- Company No.
057042
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Feb 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Vel It Solution?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raman Sudhakar  | Director | 11-Feb-2011 | Current |
| Ravi Bhaskar | Director | 11-Feb-2011 | Current |
Financial Performance of Vel It Solution.
Vel It Solution Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 407.13% increase. The company also saw a substantial improvement in profitability, with a 109.09% increase in profit. The company's net worth moved up by a moderate rise of 5.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vel It Solution?
In 2019, Vel It Solution had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Vel It Solution?
Vel It Solution has a workforce of 2 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vel It Solution, 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 Vel It Solution'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.
