Velocity Web Tech Private Limited

Provides management and IT consulting services, based in Pune, Maharashtra.

2015 | Pune, Maharashtra (India) | Active
Last Updated:

Velocity Web Tech Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.10 Cr
  • Satisfied Charges ₹ 11.11 Cr
  • Revenue Growth 1.59%
  • Profit Growth -24.03%
  • Ebitda 20.81%
  • Net Worth 17.43%
  • Total Assets 13.44%

About Velocity Web Tech

Velocity Web Tech Private Limited (VWTPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 January 2015 and has a history of Ten years and two months. Its registered office is in Pune, Maharashtra, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹10.10 Cr. The company has closed loans amounting to ₹11.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satish Hiran and Priya Hiran serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900PN2015PTC153733

  • Company No.

    153733

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jan 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

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

Board Members (2)

NameDesignationAppointment DateStatus
Satish Hiran Country flag representing In Director 16-May-2016Current
Priya Hiran Country flag representing In Director 01-Jun-2016Current

Financial Performance of Velocity Web Tech.

Velocity Web Tech Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.59% increase. The company also saw a substantial fall in profitability, with a 24.03% decrease in profit. The company's net worth Soared by an impressive increase of 17.43%.

Velocity Web Tech revenue growth over time
Velocity Web Tech 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
1.59%
Revenue from Operations
Total Assets
13.44%
Profit or Loss
-24.03%
Net Worth
17.43%
EBITDA
20.81%

What is the Ownership and Shareholding Structure of Velocity Web Tech?

In 2021, Velocity Web Tech 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

₹101.00 M

Satisfied Charges

₹111.10 M

Charges Breakdown by Lending Institutions

  • Others : 10.10 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2024Others₹1.50 CrOpen
03 Apr 2019Others₹8.60 CrOpen
30 Mar 2017Others₹5.80 CrSatisfied
30 Apr 2016Others₹5.31 CrSatisfied

How Many Employees Work at Velocity Web Tech?

Unlock and access historical data on people associated with Velocity Web Tech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Velocity Web Tech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velocity Web Tech, 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 Web Tech'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 Web Tech

Recent activity within the organization

  • Annual General Meeting

    Velocity Web Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100947630 was registered on 20 May 2024.

  • Balance Sheet

    Velocity Web Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge registered on 30 Mar 2017 via Charge ID 100098680 with Others was fully satisfied on 13 Jun 2019.

  • Charges

    A charge with Others amounted to Rs. 86.00 M with Charge ID 100263499 was registered on 03 Apr 2019.

  • Charges

    A charge registered on 30 Apr 2016 via Charge ID 100034396 with Others was fully satisfied on 28 Apr 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Velocity Web Tech Private Limited?

    Velocity Web Tech Private Limited was incorporated on 14 Jan 2015.

  • What is authorized share capital and paid-up capital of Velocity Web Tech Private Limited?

    The authorized share capital of Velocity Web Tech Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Velocity Web Tech Private Limited?

    Currently 2 directors are associated with Velocity Web Tech Private Limited.

    • Satish Popatlal Hiran
    • Priya Satish Hiran

  • What is the registered address of Velocity Web Tech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Velocity Web Tech Private Limited is Plot No-27 Flat No. 78 Rachana Sankalp Shantisheela Co Op Society Law College Road, India, Pune, Maharashtra, 411004.

  • What is the corporate identification number (CIN) and company number of Velocity Web Tech Private Limited?

    The corporate identification number (CIN) of Velocity Web Tech Private Limited is U74900PN2015PTC153733 and the company number is 153733 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Velocity Web Tech Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Velocity Web Tech Private Limited has risen by 1.59%.

  • What change has been observed in the net worth of Velocity Web Tech Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Velocity Web Tech Private Limited has experienced an upsurge of 17.43%.

  • What are the total open charges for Velocity Web Tech Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Velocity Web Tech Private Limited amount to ₹ 10.10 Cr.

  • When was the last Balance Sheet of Velocity Web Tech Private Limited filed with the ROC?

    The most recent Balance Sheet for Velocity Web Tech Private Limited was filed with the ROC on 31 Mar 2024.

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