Velocity It Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 05-11-2024
- Paid Up Capital ₹ 0.50 M
as on 05-11-2024
- Company Age 2 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 237173.73%
(FY 2023)
- Profit 235457.13%
(FY 2023)
- Ebitda 51806.63%
(FY 2023)
- Net Worth 235806.16%
(FY 2023)
- Total Assets 51344.28%
(FY 2023)
About Velocity It
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.
Damerla Rani, Dilli Shunmugam, and Raghu Punnamraju serve as directors at the Company.
- CIN/LLPIN
U37200TG2021PTC158312
- Company No.
158312
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Dec 2021
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Velocity It?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Damerla Rani  | Director | 25-Feb-2022 | Current |
| Dilli Shunmugam | Director | 25-Feb-2022 | Current |
| Raghu Punnamraju | Director | 09-May-2022 | Current |
Financial Performance of Velocity It.
Velocity It Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 237173.73% increase. The company also saw a substantial improvement in profitability, with a 235457.13% increase in profit. The company's net worth Soared by an impressive increase of 235806.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Velocity It?
In 2023, Velocity It 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 It?
Velocity It has a workforce of 64 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velocity It, 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 It'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.
