Velocity Private Limited

Velocity Private Limited

This company operates theaters, multiplexes, restaurants, bars, and canteens, and trades food and beverages.
1995 | Indore, Madhya Pradesh (India) | Active

Last Updated:

November 17, 2024
HomeCompanyVelocity Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Yashveer Bindal InManaging Director01-Apr-2007Current

Board Members(1)

NameDesignationAppointment DateStatus
Bharat Bindal In Whole-Time Director 10-Jun-2004Current

Financial Performance and Corporate Structure Insights of Velocity.

Velocity Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.82% increase. The company also saw a substantial fall in profitability, with a 104.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.01%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
64.82%
Revenue from Operations
70.16%
Total Assets
-2.71%
Profit or Loss
-104.35%
Net Worth
-10.01%
EBITDA
84.60%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹24.44 Cr

₹35.40 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 28 Aug 2024
₹12.00 CrOpen

Others

Creation Date: 15 Jul 2023
₹12.15 CrOpen

Others

Creation Date: 09 Dec 2021
₹2.00 MOpen

How Many Employees Work at Velocity?

Velocity has a workforce of 3 employees as of Apr 09, 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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Velocity

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 12.00 Cr registered on 28 Aug 2024 with Charge ID 100973714 was modified on 05 Nov 2024.

    05 Nov 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100973714 was registered on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge registered on 31 Dec 2019 via Charge ID 100324341 with Others was fully satisfied on 04 May 2024.

    04 May 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 12.15 Cr with Charge ID 100761679 was registered on 15 Jul 2023.

    15 Jul 2023

Frequently asked questions

  • Velocity Private Limited was incorporated on 03 Jan 1995.

  • The authorized share capital of Velocity Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 2 directors are associated with Velocity Private Limited.

    • Yashveer Bindal
    • Bharat Bindal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velocity Private Limited is Velocity 18-Aschemeno94C, Ringroad India, Indore, Madhya Pradesh, 452010.

  • The corporate identification number (CIN) of Velocity Private Limited is U51109MP1995PTC008908 and the company number is 008908 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velocity Private Limited has risen by 64.82%.

  • As Per 2023 financial reports, 3 employees are currently employed by Velocity Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velocity Private Limited has experienced an downturn of -10.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velocity Private Limited amount to ₹ 24.44 Cr.

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

People also Viewed

Similar Companies Based on Cinema & Multiplex Chains