Velox Distributors Private Limited

Imports, exports, and distributes alcoholic beverages globally.

2021 | Nagpur, Maharashtra (India) | Active
Last Updated: November 07, 2024

Velox Distributors Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.60 M
  • Company Age 3 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 Cr
  • Revenue Growth 273.51%
  • Profit Growth 98.26%
  • Ebitda 3360.30%
  • Net Worth 565.39%
  • Total Assets 130.31%

About Velox Distributors

Velox Distributors Private Limited (VDPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 June 2021 (Three years and seven months 10 days old ). Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Food And Beverages 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 3.00 M and a paid-up capital of Rs 2.60 M.

The company currently has active open charges totaling ₹2.50 Cr.

Sagar Chelmelwar, Bajaji Nimbalkar, and Sanjay Gampawar serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51220MH2021PTC362616

  • Company No.

    362616

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

Who are the key members and board of directors at Velox Distributors?

Board Members (3)

Name Designation Appointment Date Status
Sagar Chelmelwar Country flag representing In Director 15-May-2022 Current
Bajaji Nimbalkar Country flag representing In Director 23-Jun-2021 Current
Sanjay Gampawar Country flag representing In Director 23-Jun-2021 Current

Financial Performance of Velox Distributors.

Velox Distributors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 273.51% increase. The company also saw a substantial improvement in profitability, with a 98.26% increase in profit. The company's net worth Soared by an impressive increase of 565.39%.

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
273.51%
Revenue from Operations
283.47%
Total Assets
130.31%
Profit or Loss
98.26%
Net Worth
565.39%
EBITDA
3360.30%

What is the Ownership and Shareholding Structure of Velox Distributors?

Unlock access to Velox Distributors's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
25 Jul 2022 Others ₹2.50 Cr Open

How Many Employees Work at Velox Distributors?

Velox Distributors has a workforce of 0 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velox Distributors, 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 Velox Distributors'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 Velox Distributors

Recent activity within the organization

  • Annual General Meeting

    Velox Distributors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 25.00 M registered on 25 Jul 2022 with Charge ID 100602037 was modified on 05 Apr 2023.

    05 Apr 2023

  • Balance Sheet

    Velox Distributors 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. 25.00 M with Charge ID 100602037 was registered on 25 Jul 2022.

    25 Jul 2022

  • Director Appointment

    Sagar Vasantrao Chelmelwar was appointed as a Director was appointed as a Director on 15 May 2022 & has been associated with this company since 2 years 8 months .

    15 May 2022

  • Director Appointment

    Bajaji Prithviraj Nimbalkar was appointed as a Director was appointed as a Director on 23 Jun 2021 & has been associated with this company since 3 years 7 months .

    23 Jun 2021

Frequently asked questions

  • Velox Distributors Private Limited was incorporated on 23 Jun 2021.

  • The authorized share capital of Velox Distributors Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.60 M.

  • Currently 3 directors are associated with Velox Distributors Private Limited.

    • Sagar Vasantrao Chelmelwar
    • Bajaji Prithviraj Nimbalkar
    • Sanjay Sudhakar Gampawar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velox Distributors Private Limited is 1, A-Wing Lokmat Bhawan Wardha Road India, Nagpur, Maharashtra, 440010.

  • The corporate identification number (CIN) of Velox Distributors Private Limited is U51220MH2021PTC362616 and the company number is 362616 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velox Distributors Private Limited has risen by 273.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velox Distributors Private Limited has experienced an upsurge of 565.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velox Distributors Private Limited amount to ₹ 2.50 Cr.

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