Velocity Rollers Private Limited

Manufactures engineering products and supplies them to 11+ countries, serving clients like NTPC and Ultratech.

2019 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Velocity Rollers Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.72 Cr
  • Revenue Growth 22.97%
  • Profit Growth 119.08%
  • Ebitda 26.39%
  • Net Worth 24.82%
  • Total Assets 29.92%

About Velocity Rollers

Velocity Rollers Private Limited (VRPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 17 June 2019 (Five years and seven months 18 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹8.72 Cr.

Kiran Hirwe, Sudhir Hirwe, and Nitin Patkulkar serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29100PN2019PTC184858

  • Company No.

    184858

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

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

Executive Team (1)

Name Designation Appointment Date Status
Nitin Patkulkar Country flag representing In Managing Director 17-Jun-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Kiran Hirwe Country flag representing In Director 17-Jun-2019 Current
Sudhir Hirwe Country flag representing In Director 17-Jun-2019 Current

Financial Performance of Velocity Rollers.

Velocity Rollers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.97% increase. The company also saw a substantial improvement in profitability, with a 119.08% increase in profit. The company's net worth Soared by an impressive increase of 24.82%.

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
22.97%
Revenue from Operations
23.34%
Total Assets
29.92%
Profit or Loss
119.08%
Net Worth
24.82%
EBITDA
26.39%

What is the Ownership and Shareholding Structure of Velocity Rollers?

In 2023, Velocity Rollers 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

₹87.19 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.47 Cr
  • Hdfc Bank Limited : 4.25 Cr

Latest Charge Details

Date Lender Amount Status
18 Sep 2024 Hdfc Bank Limited ₹4.25 Cr Open
25 Jul 2023 Others ₹4.19 M Open
08 Jul 2019 Others ₹1.00 Cr Open
08 Jul 2019 Others ₹3.05 Cr Open

How Many Employees Work at Velocity Rollers?

Unlock and access historical data on people associated with Velocity Rollers, 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 Rollers, 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 Rollers'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 Rollers

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 42.50 M with Charge ID 100982853 was registered on 18 Sep 2024.

    18 Sep 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 4.19 M with Charge ID 100764393 was registered on 25 Jul 2023.

    25 Jul 2023

  • Charges

    A charge with Others of Rs. 30.50 M registered on 08 Jul 2019 with Charge ID 100278330 was modified on 04 Jul 2023.

    04 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100278329 was registered on 08 Jul 2019.

    08 Jul 2019

Frequently asked questions

  • Velocity Rollers Private Limited was incorporated on 17 Jun 2019.

  • The authorized share capital of Velocity Rollers Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Velocity Rollers Private Limited.

    • Kiran Sudhir Hirwe
    • Sudhir Ramchandra Hirwe
    • Nitin Mohan Patkulkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velocity Rollers Private Limited is G.No.614 Near Jyotiba Mandir Awhalwadi, Wagholi India, Pune, Maharashtra, 412207.

  • The corporate identification number (CIN) of Velocity Rollers Private Limited is U29100PN2019PTC184858 and the company number is 184858 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velocity Rollers Private Limited is https://www.velocityrollers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velocity Rollers Private Limited has risen by 22.97%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velocity Rollers Private Limited has experienced an upsurge of 24.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velocity Rollers Private Limited amount to ₹ 8.72 Cr.

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