Velocity Transolutions Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 17 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.60 M
- Satisfied Charges ₹ 3.35 Cr
- Revenue Growth -2.56%
- Profit Growth 3824.73%
- Ebitda -19.36%
- Net Worth 215.16%
- Total Assets 61.94%
About Velocity Transolutions
Velocity Transolutions Private Limited (VTPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 October 2007 and has a history of 17 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Transport And Logistics 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 2.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹9.60 M. The company has closed loans amounting to ₹3.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Parag Arya, Mahendra Arya, and Pallavi Keshav serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63010MH2007PTC174951
- Company No.
174951
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Oct 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
Who are the key members and board of directors at Velocity Transolutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahendra Arya  | Director | 12-Oct-2007 | Current |
| Parag Arya | Director | 12-Oct-2007 | Current |
| Pallavi Keshav | Director | 14-Aug-2023 | Current |
Financial Performance of Velocity Transolutions.
Velocity Transolutions Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 2.56% decrease. The company also saw a substantial improvement in profitability, with a 3824.73% increase in profit. The company's net worth Soared by an impressive increase of 215.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Velocity Transolutions?
In 2021, Velocity Transolutions 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)
- Gujarat Finance Limited
Parag Arya and Mahendra Arya are mutual person
- Premium Products Private Limited
Parag Arya and Mahendra Arya are mutual person
- The Indian Roads And Transport Development Association
Mahendra Arya is a mutual person
Charges (Loans)
Open Charges
₹9.60 M
Satisfied Charges
₹33.50 M
Charges Breakdown by Lending Institutions
- Others : 0.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2017 | Others | ₹9.60 M | Open |
| 30 Mar 2016 | The Zoroastrian Co-Operative Bank Limited | ₹5.00 M | Satisfied |
| 30 Mar 2016 | The Zoroastrian Co-Operative Bank Limited | ₹9.50 M | Satisfied |
| 10 Aug 2010 | The Zoroastrian Co-Operative Bank Limited | ₹9.50 M | Satisfied |
| 07 Aug 2010 | The Zoroastrian Co-Operative Bank Limited | ₹9.50 M | Satisfied |
How Many Employees Work at Velocity Transolutions?
Unlock and access historical data on people associated with Velocity Transolutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velocity Transolutions, 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 Transolutions'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.
Latest Updates, News, and FAQs on Velocity Transolutions
Recent activity within the organization
- Annual General Meeting
Velocity Transolutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Velocity Transolutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Pallavi Arya Keshav was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 7 months .
- Charges
A charge registered on 30 Mar 2016 via Charge ID 100022900 with The Zoroastrian Co-Operative Bank Limited was fully satisfied on 16 May 2017.
- Charges
A charge registered on 30 Mar 2016 via Charge ID 100022905 with The Zoroastrian Co-Operative Bank Limited was fully satisfied on 16 May 2017.
- Charges
A charge with Others amounted to Rs. 9.60 M with Charge ID 100095512 was registered on 29 Apr 2017.
Frequently asked questions
What is the Incorporation or founding date of Velocity Transolutions Private Limited?
Velocity Transolutions Private Limited was incorporated on 12 Oct 2007.
What is authorized share capital and paid-up capital of Velocity Transolutions Private Limited?
The authorized share capital of Velocity Transolutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Velocity Transolutions Private Limited?
Currently 3 directors are associated with Velocity Transolutions Private Limited.
- Parag Mahendra Arya
- Mahendra Gajanand Arya
- Pallavi Arya Keshav
What is the registered address of Velocity Transolutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Velocity Transolutions Private Limited is Unit No. 917 9Th Floor The Summit Business Pa Opp. Pvr Cinema Nr. Weh Metro Station Andheri Kurla Road, (East) India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Velocity Transolutions Private Limited?
The corporate identification number (CIN) of Velocity Transolutions Private Limited is U63010MH2007PTC174951 and the company number is 174951 as per Ministry of Corporate Affairs (MCA).
What is the official website of Velocity Transolutions Private Limited?
The Official website of Velocity Transolutions Private Limited is https://www.velocitytransolutions.com
What has been the recent revenue trend for Velocity Transolutions Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Velocity Transolutions Private Limited has fallen by -2.56%.
What change has been observed in the net worth of Velocity Transolutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Velocity Transolutions Private Limited has experienced an upsurge of 215.16%.
What are the total open charges for Velocity Transolutions Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Velocity Transolutions Private Limited amount to ₹ 9.60 M.
When was the last Balance Sheet of Velocity Transolutions Private Limited filed with the ROC?
The most recent Balance Sheet for Velocity Transolutions Private Limited was filed with the ROC on 31 Mar 2024.