Velosit India Private Limited

Company provides construction services, including renovation, repairs, waterproofing, and more.

2019 | Mumbai, Maharashtra (India) | Active
Last Updated: July 03, 2024

Velosit India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.69 Cr
  • Revenue Growth 37.61%
  • Profit Growth 13.65%
  • Ebitda -479.64%
  • Net Worth 59.33%
  • Total Assets 2.53%

About Velosit India

Velosit India Private Limited (VIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 16 May 2019 (Five years and eight months 26 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.69 Cr.

Manvi Sharma, Vijay Sharma, Dr Hofele, and One other member 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

    U45500MH2019FTC325471

  • Company No.

    325471

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    16 May 2019

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Infrastructure and Utilities

Who are the key members and board of directors at Velosit India?

Executive Team (1)

Name Designation Appointment Date Status
Vijay Sharma Country flag representing In Managing Director Current

Board Members (3)

Name Designation Appointment Date Status
Dr Hofele Country flag representing De Director 16-May-2019 Current
Manvi Sharma Country flag representing In Director 16-May-2019 Current
Pankaj Mathur Country flag representing In Director 16-May-2019 Current

Financial Performance of Velosit India.

Velosit India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.61% increase. The company also saw a substantial improvement in profitability, with a 13.65% increase in profit. The company's net worth Soared by an impressive increase of 59.33%.

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
37.61%
Revenue from Operations
14.20%
Total Assets
2.53%
Profit or Loss
13.65%
Net Worth
59.33%
EBITDA
-479.64%

What is the Ownership and Shareholding Structure of Velosit India?

In 2023, Velosit India 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

₹16.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.69 Cr

Latest Charge Details

Date Lender Amount Status
25 Mar 2022 Others ₹4.50 M Open
29 Jul 2021 Others ₹1.24 Cr Open

How Many Employees Work at Velosit India?

Unlock and access historical data on people associated with Velosit India, 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 Velosit India, 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 Velosit India'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 Velosit India

Recent activity within the organization

  • Annual General Meeting

    Velosit India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Velosit India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.50 M with Charge ID 100585297 was registered on 25 Mar 2022.

    25 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 12.40 M with Charge ID 100475351 was registered on 29 Jul 2021.

    29 Jul 2021

  • Director Appointment

    Manvi Vijay Sharma was appointed as a Director was appointed as a Director on 16 May 2019 & has been associated with this company since 5 years 8 months .

    16 May 2019

  • Director Appointment

    Dr Jens Hofele was appointed as a Director was appointed as a Director on 16 May 2019 & has been associated with this company since 5 years 8 months .

    16 May 2019

Frequently asked questions

  • Velosit India Private Limited was incorporated on 16 May 2019.

  • The authorized share capital of Velosit India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Velosit India Private Limited.

    • Manvi Vijay Sharma
    • Vijay Kumar Sharma
    • Dr Jens Hofele
    • Pankaj Mathur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velosit India Private Limited is Un-209 Exim Link Opp. Indira Container Yard M.G. Road Bhandup, Mumbai, Maharashtra, India, 400078.

  • The corporate identification number (CIN) of Velosit India Private Limited is U45500MH2019FTC325471 and the company number is 325471 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velosit India Private Limited is https://www.velosit.de

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velosit India Private Limited has risen by 37.61%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velosit India Private Limited has experienced an upsurge of 59.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velosit India Private Limited amount to ₹ 1.69 Cr.

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