About Vela Trading Systems India Private Limited
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Vela Trading Systems India Private Limited was a foreign private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Vela Trading Technologies Llc. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 01 October 2012.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2012FTC144900. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.85 Lakh. It was formerly known as Street Response Labs India Private Limited and Vela Trading Technologies India Private Limited. It was led by directors including Prachi Dhiraj Gedam and Jennifer Peggyjoan Nayar.
Its last annual general meeting (AGM) was held on 31 May 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Office B – 25 Kpct Mall Fatimanagar, Pune, Maharashtra, India – 411040.
As per the financials filed for FY 2021, the company reported a revenue of ₹26,885, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2.7 Lakh and EBITDA of -₹2.7 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 74% over five years.
The company was associated with 1 brand: TradeVela.
The last known website on record is tradevela.com.
Company details
Name history
Vela Trading Systems India has undergone 2 name changes throughout its history. The company was previously known as Street Response Labs India Private Limited, and Vela Trading Technologies India Private Limited. The current legal name is Vela Trading Systems India Private Limited.
| Company Name | Status |
|---|---|
| Vela Trading Systems India Private Limited | Current |
| Street Response Labs India Private Limited | Previous |
| Vela Trading Technologies India Private Limited | Previous |
Contact details
Vela Trading Systems India Private Limited's registered office is in Pune, Maharashtra. Its website is tradevela.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressOffice B – 25 Kpct Mall Fatimanagar, Pune, Maharashtra, India – 411040
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Vela Trading Systems India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Vela Trading Systems India operates one associated brand: TradeVela. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-frequency trading technology and market data solutions are provided. | tradevela.com |
Financials of Vela Trading Systems India Private Limited
FY 2021 filings availableVela Trading Systems India Private Limited reported revenue of ₹26,885 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. EBITDA rose 98% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26,885 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.7 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vela Trading Systems India Private Limited, buy the company report.
Board of directors of Vela Trading Systems India Private Limited
Vela Trading Systems India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prachi Dhiraj Gedam | Director | 29 May 2019 | 7 Years 5 Months | As last reported |
| Jennifer Peggyjoan Nayar | Director | 15 Dec 2015 | 10 Years 10 Months | As last reported |
| Terrence Robert Gray | Director | 25 Sep 2018 | 8 Years 1 Months | As last reported |
Auditor
Vela Trading Systems India Private Limited is audited by ANKITA P JAIN & CO. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKITA P JAIN & CO. | FY 2021 | 147096W |
Shareholding
The shareholding of Vela Trading Systems India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vela Trading Systems India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vela Trading Systems India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vela Trading Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vela Trading Systems India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vela Trading Systems India Private Limited, buy the company report.
Recent activity
Vela Trading Systems India Private Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Prachi Dhiraj Gedam ceased to be Director on 08 Aug 2019.
2 earlier events are in the company report.
News
Frequently asked questions
Vela Trading Systems India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vela Trading Systems India was a foreign private limited company based in Pune, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 01 October 2012 and is registered under CIN U74900PN2012FTC144900. The company has been struck off by the Registrar of Companies and is no longer operational.
Vela Trading Systems India had 3 directors:
- Prachi Dhiraj Gedam - Director
- Jennifer Peggyjoan Nayar - Director
- Terrence Robert Gray - Director
The CIN (Corporate Identification Number) of Vela Trading Systems India is U74900PN2012FTC144900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vela Trading Systems India is at Office B – 25 Kpct Mall Fatimanagar, Pune, Maharashtra, India – 411040.
Vela Trading Systems India was incorporated on 01 October 2012. It is registered with the Registrar of Companies, Pune.
Vela Trading Systems India can be reached through the website tradevela.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Vela Trading Systems India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 May 2021. Year-wise statements from 2015 are in the company report.
No. Vela Trading Systems India has 1 GST registration on record and it is cancelled or inactive.
Vela Trading Systems India operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.
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