Velex Logistics Profile
Key Indicators
- Authorised Capital ₹ 47.50 Cr
- Paid Up Capital ₹ 20.01 Cr
- Company Age 11 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.99 Cr
- Satisfied Charges ₹ 12.00 Cr
- Revenue Growth 28.95%
- Profit Growth -50.22%
- Ebitda -44.56%
- Net Worth -63.84%
- Total Assets 51.35%
About Velex Logistics
Velex Logistics Private Limited (VLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 July 2013 and has a history of 11 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 47.50 Cr and a paid-up capital of Rs 20.01 Cr.
The company currently has active open charges totaling ₹25.99 Cr. The company has closed loans amounting to ₹12.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Velex Logistics Private Limited India is Jignesh Gosar as CFO. Yogesh Patel and Alan Yip serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63000MH2013PTC246482
- Company No.
246482
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jul 2013
- Date of AGM
30 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Velex Logistics Private Limited offer?
Velex Logistics Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Corporate Mailing Solution.
Who are the key members and board of directors at Velex Logistics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jignesh Gosar | CFO | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Patel  | Director | 31-Jul-2013 | Current |
Alan Yip  | Director | 16-Jan-2023 | Current |
Financial Performance of Velex Logistics.
Velex Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.95% increase. The company also saw a substantial fall in profitability, with a 50.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 63.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Velex Logistics?
In 2023, Velex Logistics had a promoter holding of 26.00% and a public holding of 74.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Fonsys Services Private LimitedYogesh Patel is a mutual person
Kerry Indev Logistics Private LimitedAlan Yip is a mutual person
Velocity Express Private LimitedYogesh Patel is a mutual person
- Alfa Courier Service Private Limited
Yogesh Patel is a mutual person
Charges (Loans)
₹25.99 Cr
₹12.00 Cr
Charges Breakdown by Lending Institutions
- Others : 25.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2022 | Others | ₹5.99 Cr | Open |
| 28 Jul 2020 | Others | ₹20.00 Cr | Open |
| 13 Oct 2020 | Others | ₹2.00 Cr | Satisfied |
| 20 Dec 2018 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Velex Logistics?
Velex Logistics has a workforce of 108 employees as of Jul 13, 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 Velex Logistics, 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 Velex Logistics'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.
