Velocity Software Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.70 M
- Company Age 18 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 6.98%
- Profit Growth 2.39%
- Ebitda 5.50%
- Net Worth 23.60%
- Total Assets 21.55%
About Velocity Software Solutions
Velocity Software Solutions Private Limited (VSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 2006 and has a history of 18 years and nine months. Its registered office is in Ghaziabad, Uttar Pradesh, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.70 M, as per Ministry of Corporate Affairs (MCA) records.
Nitin Srivastava and Manish Agrawal serve as directors at the Company.
Company Details
- Location
Ghaziabad, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200UP2006PTC031743
- Company No.
031743
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 May 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
What products or services does Velocity Software Solutions Private Limited offer?
Velocity Software Solutions Private Limited offers a wide range of products and services, including Website Development Services, WordPress Website Development Service, Computer & Mobile Apps Development, Open Source Development, IT Solutions, E Commerce Application Services, Drupal Development, Application Development Service, API Development Service, Joomla Development.
Who are the key members and board of directors at Velocity Software Solutions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Srivastava  | Director | 17-Dec-2008 | Current |
| Manish Agrawal | Director | 01-Oct-2012 | Current |
Financial Performance of Velocity Software Solutions.
Velocity Software Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.98% increase. The company also saw a slight improvement in profitability, with a 2.39% increase in profit. The company's net worth Soared by an impressive increase of 23.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Velocity Software Solutions?
In 2023, Velocity Software Solutions had a promoter holding of 98.00% and a public holding of 2.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ubinator Software Solutions LlpNitin Srivastava is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Velocity Software Solutions?
Velocity Software Solutions has a workforce of 51 employees as of Apr 01, 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 Software Solutions, 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 Software Solutions'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.
