Velocity Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 5.00 Cr
as on 17-11-2024
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 24.44 Cr
as on 17-11-2024
- Satisfied Charges ₹ 35.40 Cr
as on 17-11-2024
- Revenue 64.82%
(FY 2023)
- Profit -104.35%
(FY 2023)
- Ebitda 84.60%
(FY 2023)
- Net Worth -10.01%
(FY 2023)
- Total Assets -2.71%
(FY 2023)
About Velocity
The Corporate was formerly known as Brahma Interactive Limited. The Company is engaged in the Events And Entertainment 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 11.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹24.44 Cr. The company has closed loans amounting to ₹35.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Yashveer Bindal and Bharat Bindal serve as directors at the Company.
- CIN/LLPIN
U51109MP1995PTC008908
- Company No.
008908
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jan 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Velocity?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yashveer Bindal  | Managing Director | 01-Apr-2007 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bharat Bindal | Whole-Time Director | 10-Jun-2004 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Velocity?
In 2022, Velocity 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)
Jupiter Securities And Properties Pvt LtdActive 29 years 9 monthsYashveer Bindal is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 28 Aug 2024 | ₹12.00 Cr | Open |
Others Creation Date: 15 Jul 2023 | ₹12.15 Cr | Open |
Others Creation Date: 09 Dec 2021 | ₹2.00 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velocity, 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'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.
