Velocity Freight Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 17-07-2024
- Paid Up Capital ₹ 1.00 M
as on 17-07-2024
- Company Age 8 Year, 5 Months
- Last Filing with ROC 31 Mar 2022
- Revenue -16.65%
(FY 2022)
- Profit 37.16%
(FY 2022)
- Ebitda 45.30%
(FY 2022)
- Net Worth 25.16%
(FY 2022)
- Total Assets -17.54%
(FY 2022)
About Velocity Freight
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 2022. 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, as per Ministry of Corporate Affairs (MCA) records.
Ramprakash Sadasivam and Latha Achudan serve as directors at the Company.
- CIN/LLPIN
U74999TN2016PTC111352
- Company No.
111352
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2016
- Date of AGM
29 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
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  | Director | 01-Mar-2017 | Current |
| Latha Achudan | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Charges (Loans)
There are no open charges registered against the company as per our records.
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
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Alerts
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