Veltronics India Private Limited

IT solutions company providing authorized OEM products from top brands, incorporated in 2001.

2001 | Indore, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Veltronics India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.31 M
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.48 Cr
  • Revenue Growth 28.30%
  • Profit Growth 308.46%
  • Ebitda 48.63%
  • Net Worth 2.60%
  • Total Assets 72.59%

About Veltronics India

Veltronics India Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 March 2001 and has a history of 23 years and ten months. Its registered office is in Indore, Madhya Pradesh, 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 1.50 M and a paid-up capital of Rs 1.31 M.

The company currently has active open charges totaling ₹6.48 Cr.

Vikas Gupta and Sanjeev Gupta serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U30007MP2001PTC014589

  • Company No.

    014589

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Information Technology

What products or services does Veltronics India Private Limited offer?

Veltronics India Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, Access Control Systems, Data Entry & Data Processing Service, Database Management, Travel Service, Tour Packages, IT Solutions, Data Protection Services.

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

Board Members (2)

Name Designation Appointment Date Status
Vikas Gupta Country flag representing In Director 13-Mar-2001 Current
Sanjeev Gupta Country flag representing In Director 23-Jun-2007 Current

Financial Performance of Veltronics India.

Veltronics India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.3% increase. The company also saw a substantial improvement in profitability, with a 308.46% increase in profit. The company's net worth moved up by a moderate rise of 2.6%.

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
28.30%
Revenue from Operations
28.66%
Total Assets
72.59%
Profit or Loss
308.46%
Net Worth
2.60%
EBITDA
48.63%

What is the Ownership and Shareholding Structure of Veltronics India?

In 2023, Veltronics India had a promoter holding of 56.18% and a public holding of 43.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.73 Cr
  • Central Bank Of India : 0.40 Cr
  • Allahabad Bank : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
26 Feb 2003 Others ₹5.73 Cr Open
17 Aug 2002 Allahabad Bank ₹2.00 M Open
04 Apr 2002 Allahabad Bank ₹1.50 M Open
11 Mar 2002 Central Bank Of India ₹4.00 M Open

How Many Employees Work at Veltronics India?

Unlock and access historical data on people associated with Veltronics 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 Veltronics 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 Veltronics 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 Veltronics India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Veltronics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 57.30 M registered on 26 Feb 2003 with Charge ID 90205888 was modified on 05 Jan 2021.

    05 Jan 2021

  • Charges

    A charge with Central Bank Of India of Rs. 4.00 M registered on 11 Mar 2002 with Charge ID 90205780 was modified on 01 Jul 2009.

    01 Jul 2009

  • Director Appointment

    Sanjeev Gupta was appointed as a Director was appointed as a Director on 23 Jun 2007 & has been associated with this company since 17 years 7 months .

    23 Jun 2007

  • Charges

    A charge with Others amounted to Rs. 57.30 M with Charge ID 90205888 was registered on 26 Feb 2003.

    26 Feb 2003

Frequently asked questions

  • Veltronics India Private Limited was incorporated on 13 Mar 2001.

  • The authorized share capital of Veltronics India Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.31 M.

  • Currently 2 directors are associated with Veltronics India Private Limited.

    • Vikas Gupta
    • Sanjeev Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veltronics India Private Limited is 211 Apollo Tower 2 M G Road India, Indore, Madhya Pradesh, 452001.

  • The corporate identification number (CIN) of Veltronics India Private Limited is U30007MP2001PTC014589 and the company number is 014589 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Veltronics India Private Limited is https://www.veltronics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veltronics India Private Limited has risen by 28.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veltronics India Private Limited has experienced an upsurge of 2.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veltronics India Private Limited amount to ₹ 6.48 Cr.

  • The most recent Balance Sheet for Veltronics India Private Limited was filed with the ROC on 31 Mar 2024.

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