Velocity Minerals Private Limited

Mining company focused on prospecting, exploring, and operating mines and quarries for various minerals.

2010 | Chittorgarh, Rajasthan (India) | Active
Last Updated:

Velocity Minerals Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.16 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -27.37%
  • Profit Growth -15.71%
  • Ebitda -4.02%
  • Net Worth 7.86%
  • Total Assets -5.72%

About Velocity Minerals

Velocity Minerals Private Limited (VMPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 October 2010 and has a history of 14 years and four months. Its registered office is in Chittorgarh, Rajasthan, India.

The Company is engaged in the Metals And Minerals 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 2.40 M and a paid-up capital of Rs 2.16 M, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Palod and Amit Palod serve as directors at the Company.

Company Details

  • Location

    Chittorgarh, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14108RJ2010PTC033068

  • Company No.

    033068

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Ramesh Palod Country flag representing In Director 15-Mar-2022Current
Amit Palod Country flag representing In Director 12-Oct-2010Current

Financial Performance of Velocity Minerals.

Velocity Minerals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.37% decrease. The company also saw a substantial fall in profitability, with a 15.71% decrease in profit. The company's net worth moved up by a moderate rise of 7.86%.

Velocity Minerals revenue growth over time
Velocity Minerals 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
-27.37%
Revenue from Operations
Total Assets
-5.72%
Profit or Loss
-15.71%
Net Worth
7.86%
EBITDA
-4.02%

What is the Ownership and Shareholding Structure of Velocity Minerals?

In 2023, Velocity Minerals 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Velocity Minerals?

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

Employee growth trends for Velocity Minerals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velocity Minerals, 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 Minerals'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 Minerals

Recent activity within the organization

  • Annual General Meeting

    Velocity Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Velocity Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

  • Director Appointment

    Ramesh Chandra Palod was appointed as a Director was appointed as a Director on 15 Mar 2022 & has been associated with this company since 2 years 11 months .

  • Director Appointment

    Amit Palod was appointed as a Director was appointed as a Director on 12 Oct 2010 & has been associated with this company since 14 years 4 months .

  • Company Incorporation

    Velocity Minerals Private Limited was registered on 12 Oct 2010 with Roc Jaipur & aged 14 years 4 months as per MCA records.

Frequently asked questions

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

    Velocity Minerals Private Limited was incorporated on 12 Oct 2010.

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

    The authorized share capital of Velocity Minerals Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.16 M.

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

    Currently 2 directors are associated with Velocity Minerals Private Limited.

    • Ramesh Chandra Palod
    • Amit Palod

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Velocity Minerals Private Limited is 65 C Kumbha Nagar, Chittorgarh, Rajasthan, India, 312001.

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

    The corporate identification number (CIN) of Velocity Minerals Private Limited is U14108RJ2010PTC033068 and the company number is 033068 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Velocity Minerals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Velocity Minerals Private Limited has fallen by -27.37%.

  • What change has been observed in the net worth of Velocity Minerals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Velocity Minerals Private Limited has experienced an upsurge of 7.86%.

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

    The most recent Balance Sheet for Velocity Minerals Private Limited was filed with the ROC on 31 Mar 2023.

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