Velocity Global Logistics Private Limited

Provides transport, storage, and freight forwarding services globally since 2012.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: February 07, 2025

Velocity Global Logistics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth 116.84%
  • Profit Growth 198.97%
  • Ebitda 170.34%
  • Net Worth 53.53%
  • Total Assets 46.83%

About Velocity Global Logistics

Velocity Global Logistics Private Limited (VGLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 April 2012 and has a history of 12 years and ten 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹2.00 Cr.

Sachit Dedhia, Priyesh Nagda, and Pragnesh Furia serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    velocitygl.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63090MH2012PTC229849

  • Company No.

    229849

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Velocity Global Logistics Private Limited offer?

Velocity Global Logistics Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Cargo Transportation Services, Turnkey Consultants & Solutions, Project Management, Warehouses and Warehousing Agents, Warehousing Services, Clearing & Forwarding Services, Freight Forwarding Services.

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

Board Members (3)

NameDesignationAppointment DateStatus
Pragnesh Furia Country flag representing In Director 01-Aug-2018Current
Sachit Dedhia Country flag representing In Director 01-Dec-2021Current
Priyesh Nagda Country flag representing In Director 18-Apr-2012Current

Financial Performance of Velocity Global Logistics.

Velocity Global Logistics Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 116.84% increase. The company also saw a substantial improvement in profitability, with a 198.97% increase in profit. The company's net worth Soared by an impressive increase of 53.53%.

Graph illustrating revenue growth over time
Graph showing 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
116.84%
Revenue from Operations
117.82%
Total Assets
46.83%
Profit or Loss
198.97%
Net Worth
53.53%
EBITDA
170.34%

What is the Ownership and Shareholding Structure of Velocity Global Logistics?

In 2024, Velocity Global Logistics 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

₹20.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 May 2023The Hongkong And Shanghai Banking Corporation Limited₹2.00 CrOpen

How Many Employees Work at Velocity Global Logistics?

Unlock and access historical data on people associated with Velocity Global Logistics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velocity Global 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 Velocity Global Logistics'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 Global Logistics

Recent activity within the organization

  • Annual General Meeting

    Velocity Global Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Velocity Global Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 20.00 M with Charge ID 100773519 was registered on 12 May 2023.

    12 May 2023

  • Director Appointment

    Sachit Chandrakant Dedhia was appointed as a Director was appointed as a Director on 01 Dec 2021 & has been associated with this company since 3 years 2 months .

    01 Dec 2021

  • Director Appointment

    Pragnesh Manilal Furia was appointed as a Director was appointed as a Director on 01 Aug 2018 & has been associated with this company since 6 years 6 months .

    01 Aug 2018

  • Director Appointment

    Priyesh Pravin Nagda was appointed as a Director was appointed as a Director on 18 Apr 2012 & has been associated with this company since 12 years 10 months .

    18 Apr 2012

Frequently asked questions

  • Velocity Global Logistics Private Limited was incorporated on 18 Apr 2012.

  • The authorized share capital of Velocity Global Logistics Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Velocity Global Logistics Private Limited.

    • Sachit Chandrakant Dedhia
    • Priyesh Pravin Nagda
    • Pragnesh Manilal Furia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velocity Global Logistics Private Limited is 17Th Floor 1701 Meraki Arena Sion Trombay Road Opp R K Studio Chembur (E), India, Mumbai, Maharashtra, 400071.

  • The corporate identification number (CIN) of Velocity Global Logistics Private Limited is U63090MH2012PTC229849 and the company number is 229849 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velocity Global Logistics Private Limited is https://www.velocitygl.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Velocity Global Logistics Private Limited has risen by 116.84%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Velocity Global Logistics Private Limited has experienced an upsurge of 53.53%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Velocity Global Logistics Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Velocity Global Logistics Private Limited was filed with the ROC on 31 Mar 2024.