Velox Engineering Solutions Private Limited

Provides work contracting, material supply, and electrical installation services for roads, railways, airports, and more.

2012 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: January 01, 2025

Velox Engineering Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -44.67%
  • Profit Growth -57.74%
  • Ebitda -34.33%
  • Net Worth 7.92%
  • Total Assets 7.14%

About Velox Engineering Solutions

Velox Engineering Solutions Private Limited (VESPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 November 2012 and has a history of 12 years and three months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Energy And Power 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, as per Ministry of Corporate Affairs (MCA) records.

Jothi Sakkaram and Jothiramalingam Manonmani serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veloxengg.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28113AP2012PTC084206

  • Company No.

    084206

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Energy and Power

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

Board Members (2)

NameDesignationAppointment DateStatus
Jothi Sakkaram Country flag representing In Director 16-Nov-2012Current
Jothiramalingam Manonmani Country flag representing In Director 09-Sep-2019Current

Financial Performance of Velox Engineering Solutions.

Velox Engineering Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 44.67% decrease. The company also saw a substantial fall in profitability, with a 57.74% decrease in profit. The company's net worth moved up by a moderate rise of 7.92%.

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
-44.67%
Revenue from Operations
-44.72%
Total Assets
7.14%
Profit or Loss
-57.74%
Net Worth
7.92%
EBITDA
-34.33%

What is the Ownership and Shareholding Structure of Velox Engineering Solutions?

In 2019, Velox Engineering Solutions 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Velox Engineering Solutions?

Velox Engineering Solutions has a workforce of 11 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 Engineering Solutions, 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 Engineering Solutions'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 Engineering Solutions

Recent activity within the organization

  • Annual General Meeting

    Velox Engineering Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Velox Engineering Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Director Appointment

    Jothiramalingam Manonmani was appointed as a Director was appointed as a Director on 09 Sep 2019 & has been associated with this company since 5 years 5 months .

    09 Sep 2019

  • Director Appointment

    Jothi Sangu Sakkaram was appointed as a Director was appointed as a Director on 16 Nov 2012 & has been associated with this company since 12 years 3 months .

    16 Nov 2012

  • Company Incorporation

    Velox Engineering Solutions Private Limited was registered on 16 Nov 2012 with Roc Vijayawada & aged 12 years 3 months as per MCA records.

    16 Nov 2012

Frequently asked questions

  • Velox Engineering Solutions Private Limited was incorporated on 16 Nov 2012.

  • The authorized share capital of Velox Engineering Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Velox Engineering Solutions Private Limited.

    • Jothi Sangu Sakkaram
    • Jothiramalingam Manonmani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velox Engineering Solutions Private Limited is Door No.45-58-5/15A, Akshaya Narasimha Nagar India, Visakhapatnam, Andhra Pradesh, 530024.

  • The corporate identification number (CIN) of Velox Engineering Solutions Private Limited is U28113AP2012PTC084206 and the company number is 084206 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velox Engineering Solutions Private Limited is https://www.veloxengg.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Velox Engineering Solutions Private Limited has fallen by -44.67%.

  • As Per 2022 financial reports, 11 employees are currently employed by Velox Engineering Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Velox Engineering Solutions Private Limited has experienced an upsurge of 7.92%.

  • The most recent Balance Sheet for Velox Engineering Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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