Velstone Tech India Private Limited

Founded in 2018 and headquartered in Orissa, India.

2018 | Ganjam, Odisha (India) | Active
Last Updated: January 11, 2025

Velstone Tech India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 6 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -50.61%
  • Profit Growth -50.73%
  • Ebitda -35.12%
  • Net Worth 14.66%
  • Total Assets 41.92%

About Velstone Tech India

Velstone Tech India Private Limited (VTIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 28 July 2018 (Six years and six months 14 days old ). Its registered office is in Ganjam, Odisha, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Durga Satapathy and Aruna Pattanaik serve as directors at the Company.

Company Details

  • Location

    Ganjam, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900OR2018PTC029232

  • Company No.

    029232

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Information Technology

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

Board Members (2)

Name Designation Appointment Date Status
Durga Satapathy Country flag representing In Director 06-Aug-2018 Current
Aruna Pattanaik Country flag representing In Director 31-May-2020 Current

Financial Performance of Velstone Tech India.

Velstone Tech India Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 50.61% decrease. The company also saw a substantial fall in profitability, with a 50.73% decrease in profit. The company's net worth Soared by an impressive increase of 14.66%.

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
-50.61%
Revenue from Operations
-50.61%
Total Assets
41.92%
Profit or Loss
-50.73%
Net Worth
14.66%
EBITDA
-35.12%

What is the Ownership and Shareholding Structure of Velstone Tech India?

Unlock access to Velstone Tech India'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)

Placeholder for charges-related data

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

How Many Employees Work at Velstone Tech India?

Velstone Tech India has a workforce of 11 employees as of Apr 08, 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 Velstone Tech 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 Velstone Tech 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 Velstone Tech India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Velstone Tech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Aruna Kumar Pattanaik was appointed as a Director was appointed as a Director on 31 May 2020 & has been associated with this company since 4 years 8 months .

    31 May 2020

  • Director Appointment

    Durga Prasad Satapathy was appointed as a Director was appointed as a Director on 06 Aug 2018 & has been associated with this company since 6 years 6 months .

    06 Aug 2018

  • Company Incorporation

    Velstone Tech India Private Limited was registered on 28 Jul 2018 with Roc Cuttack & aged 6 years 6 months as per MCA records.

    28 Jul 2018

Frequently asked questions

  • Velstone Tech India Private Limited was incorporated on 28 Jul 2018.

  • The authorized share capital of Velstone Tech India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Velstone Tech India Private Limited.

    • Durga Prasad Satapathy
    • Aruna Kumar Pattanaik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velstone Tech India Private Limited is Shop No.9 Ground Floor, Raja Rani Tower Kamapalli Main Road India, Berhampur, Orissa, 760004.

  • The corporate identification number (CIN) of Velstone Tech India Private Limited is U72900OR2018PTC029232 and the company number is 029232 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Velstone Tech India Private Limited has fallen by -50.61%.

  • As Per 2022 financial reports, 11 employees are currently employed by Velstone Tech India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Velstone Tech India Private Limited has experienced an upsurge of 14.66%.

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

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