Velocity Freight Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 8 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
- Revenue Growth -16.65%
- Profit Growth 37.16%
- Ebitda 45.30%
- Net Worth 25.16%
- Total Assets -17.54%
About Velocity Freight
Velocity Freight Private Limited (VFPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 July 2016 (Eight years and six months 30 days old ). Its registered office is in Kanchipuram, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹5.00 Cr.
Ramprakash Sadasivam and Latha Achudan serve as directors at the Company.
Company Details
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Location
Kanchipuram, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74999TN2016PTC111352
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Company No.
111352
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Jul 2016
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Velocity Freight Private Limited offer?
Velocity Freight Private Limited offers a wide range of products and services, including Building & Real Estate Developers, Commercial Construction Service.
Who are the key members and board of directors at Velocity Freight?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramprakash Sadasivam
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Director | 01-Mar-2017 | Current |
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Latha Achudan
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Director | 11-Jul-2016 | Current |
Financial Performance of Velocity Freight.
Velocity Freight Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 16.65% decrease. The company also saw a substantial improvement in profitability, with a 37.16% increase in profit. The company's net worth Soared by an impressive increase of 25.16%.
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What is the Ownership and Shareholding Structure of Velocity Freight?
In 2022, Velocity Freight 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)
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Ram Health Care Private LimitedRamprakash Sadasivam is a mutual person
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Cwc Import Private LimitedRamprakash Sadasivam is a mutual person
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Sstn Mines Private LimitedRamprakash Sadasivam is a mutual person
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Rmk Sands Private Limited
Ramprakash Sadasivam is a mutual person
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Hamsa Life Sciences Private Limited
Ramprakash Sadasivam is a mutual person
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Smk Logistics Private Limited
Ramprakash Sadasivam is a mutual person
Charges (Loans)
₹50.00 M
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2024 | Yes Bank Limited | ₹5.00 Cr | Open |
How Many Employees Work at Velocity Freight?
Unlock and access historical data on people associated with Velocity Freight, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velocity Freight, 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 Freight'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.
