Velocity Express Private Limited

Provides courier services to major banks and has branches in multiple cities.

2003 | Thane, Maharashtra (India) | Active
Last Updated:

Velocity Express Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 3.07 Cr

About Velocity Express

Velocity Express Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 August 2003 and has a history of 21 years and six months. Its registered office is in Thane, 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 2020. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹3.07 Cr.

Predeep Kumar, Yogesh Patel, and Srinivas Sobanam serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    velex.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64120MH2003PTC141696

  • Company No.

    141696

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2003

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Board Members (3)

NameDesignationAppointment DateStatus
Predeep Kumar Country flag representing In Additional Director 10-Apr-2018Current
Yogesh Patel Country flag representing In Director 11-Aug-2003Current
Srinivas Sobanam Country flag representing In Director 16-Aug-2005Current

Financial Performance of Velocity Express.

Velocity Express Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Velocity Express revenue growth over time
Velocity Express profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Velocity Express?

In 2017, Velocity Express had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.72 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 3.07 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2010Bank Of Baroda₹2.32 CrOpen
11 Oct 2005Bank Of Baroda₹2.00 MOpen
11 Oct 2005Bank Of Baroda₹5.50 MOpen

How Many Employees Work at Velocity Express?

Velocity Express has a workforce of 0 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.

Employee growth trends for Velocity Express Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velocity Express, 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 Velocity Express's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Velocity Express

Recent activity within the organization

  • Annual General Meeting

    Velocity Express Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Velocity Express Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

  • Director Appointment

    Predeep Bhaskaran Kumar was appointed as a Additional Director was appointed as a Additional Director on 10 Apr 2018 & has been associated with this company since 6 years 10 months .

  • Charges

    A charge with Bank Of Baroda of Rs. 23.22 M registered on 25 Mar 2010 with Charge ID 10214357 was modified on 09 Sep 2011.

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 23.22 M with Charge ID 10214357 was registered on 25 Mar 2010.

  • Charges

    A charge with Bank Of Baroda of Rs. 2.00 M registered on 11 Oct 2005 with Charge ID 80053625 was modified on 14 Sep 2009.

Frequently asked questions

  • What is the Incorporation or founding date of Velocity Express Private Limited?

    Velocity Express Private Limited was incorporated on 11 Aug 2003.

  • What is authorized share capital and paid-up capital of Velocity Express Private Limited?

    The authorized share capital of Velocity Express Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Velocity Express Private Limited?

    Currently 3 directors are associated with Velocity Express Private Limited.

    • Predeep Bhaskaran Kumar
    • Yogesh Himatlal Patel
    • Srinivas Sobanam

  • What is the registered address of Velocity Express Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Velocity Express Private Limited is 501 Hilton Centre 5Th Floor Sector-11, Cbd Belapur India, Navi Mumbai, Maharashtra, 400614.

  • What is the corporate identification number (CIN) and company number of Velocity Express Private Limited?

    The corporate identification number (CIN) of Velocity Express Private Limited is U64120MH2003PTC141696 and the company number is 141696 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Velocity Express Private Limited?

    The Official website of Velocity Express Private Limited is https://www.velex.in

  • What are the total open charges for Velocity Express Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Velocity Express Private Limited amount to ₹ 3.07 Cr.

  • When was the last Balance Sheet of Velocity Express Private Limited filed with the ROC?

    The most recent Balance Sheet for Velocity Express Private Limited was filed with the ROC on 31 Mar 2020.

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