Velocity Transolutions Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 08-12-2024
- Paid Up Capital ₹ 0.50 M
as on 08-12-2024
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.60 M
as on 08-12-2024
- Satisfied Charges ₹ 3.35 Cr
as on 08-12-2024
- Revenue -2.56%
(FY 2021)
- Profit 3824.73%
(FY 2021)
- Ebitda -19.36%
(FY 2021)
- Net Worth 215.16%
(FY 2021)
- Total Assets 61.94%
(FY 2021)
About Velocity Transolutions
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
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 and Corporate Structure Insights 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)
- Premium Products Private LimitedActive 32 years 2 months
Parag Arya and Mahendra Arya are mutual person
- The Indian Roads And Transport Development AssociationActive 97 years 3 months
Mahendra Arya is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Apr 2017 | ₹9.60 M | Open |
The Zoroastrian Co-Operative Bank Limited Creation Date: 30 Mar 2016 | ₹5.00 M | Satisfied |
The Zoroastrian Co-Operative Bank Limited Creation Date: 30 Mar 2016 | ₹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
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