Velocity Engineers Private Limited logo

Velocity Engineers Private Limited

Manufactures and supplies wire drawing and stripping machines, including cold welding and ceramic parts.
2004 | Delhi, Delhi (India) | Active

Last Updated:

July 03, 2024
HomeCompanyVelocity Engineers Private Limited

Who are the key members and board of directors at Velocity Engineers?

Board Members(2)

NameDesignationAppointment DateStatus
Sonal Mittal In Director 12-Dec-2012Current
Vaibhav Mittal In Director 16-Aug-2004Current

Financial Performance of Velocity Engineers.

Velocity Engineers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 18.79% decrease. The company also saw a slight improvement in profitability, with a 4.93% increase in profit. The company's net worth Soared by an impressive increase of 60.55%.

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  • 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
-18.79%
Revenue from Operations
-19.05%
Total Assets
-30.98%
Profit or Loss
4.93%
Net Worth
60.55%
EBITDA
66.04%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹50.00 M

₹30.50 M

LenderAmountStatus

Others

Creation Date: 08 Aug 2022
₹5.00 CrOpen

Yes Bank Limited

Creation Date: 24 Oct 2016
₹3.05 CrSatisfied

How Many Employees Work at Velocity Engineers?

Velocity Engineers has a workforce of 6 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Velocity Engineers

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 50.00 M registered on 08 Aug 2022 with Charge ID 100616830 was modified on 08 Feb 2024.

    08 Feb 2024

  • Annual General Meeting

    Velocity Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Velocity Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100616830 was registered on 08 Aug 2022.

    08 Aug 2022

  • Charges

    A charge registered on 24 Oct 2016 via Charge ID 100072683 with Yes Bank Limited was fully satisfied on 04 Aug 2022.

    04 Aug 2022

  • Charges

    A charge with Yes Bank Limited of Rs. 30.50 M registered on 24 Oct 2016 with Charge ID 100072683 was modified on 22 May 2021.

    22 May 2021

Frequently asked questions

  • Velocity Engineers Private Limited was incorporated on 16 Aug 2004.

  • The authorized share capital of Velocity Engineers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Velocity Engineers Private Limited.

    • Sonal Mittal
    • Vaibhav Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velocity Engineers Private Limited is 251Dilshad Garden G T Road Shahdara, Delhi, India, 110095.

  • The corporate identification number (CIN) of Velocity Engineers Private Limited is U31300DL2004PTC128371 and the company number is 128371 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velocity Engineers Private Limited is https://www.velocityengineers.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Velocity Engineers Private Limited has fallen by -18.79%.

  • As Per 2020 financial reports, 6 employees are currently employed by Velocity Engineers Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Velocity Engineers Private Limited has experienced an upsurge of 60.55%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Velocity Engineers Private Limited amount to ₹ 5.00 Cr.

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

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