Velar Structures Private Limited
About Velar Structures Private Limited
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Velar Structures Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 03 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45309GJ2020PTC114307. Its GSTIN is 24AAHCV4468M1ZR (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mitesh Patel (Managing Director) and Gitaben Rameshbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 39/1 Talvadi Opp Moon Light Nr Jantanagar Ramol Road Ramol, Ahmedabad, Gujarat, India – 382449.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.38 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹7.1 Lakh (net margin 1.6%) and EBITDA of ₹8.27 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
Company details
Contact details
Velar Structures Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address39/1 Talvadi Opp Moon Light Nr Jantanagar Ramol Road Ramol, Ahmedabad, Gujarat, India – 382449
- IndustryManufacturing, Construction Materials
To see the full contact details of Velar Structures 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
Business activity
The main business activity of Velar Structures is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Velar Structures Private Limited, buy the company report.
Financials of Velar Structures Private Limited
FY 2025 filings availableVelar Structures Private Limited reported revenue of ₹4.38 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 3% growth in the latest year. EBITDA fell 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.27 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.1 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.9% | |||
| Net Profit Margin | 1.6% | |||
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To see the full financial statements and ratios of Velar Structures Private Limited, buy the company report.
Board of directors of Velar Structures Private Limited
Velar Structures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Patel Also directs: Velar Recyclers Private Limited, Velar Equipments Private Limited | Managing Director | 03 Jul 2020 | 6 Years 3 Months | Current |
| Gitaben Rameshbhai Patel | Director | 03 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Velar Structures Private Limited is audited by MAULIK TRIVEDI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAULIK TRIVEDI AND ASSOCIATES | FY 2023 | 174372 |
Shareholding
The shareholding of Velar Structures Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Velar Structures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Velar Structures 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 Velar Structures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velar Structures Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
Velar Structures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCV4468M1ZR | Gujarat | Active | 17 Jul 2020 |
To see the full GST registrations and return filing status of Velar Structures Private Limited, buy the company report.
Recent activity
Velar Structures Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Gitaben Rameshbhai Patel was appointed as Director on 03 Jul 2020.
Frequently asked questions
Velar Structures is an active private limited company based in Ahmedabad, Gujarat, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 03 July 2020 (6+ years old) and is registered under CIN U45309GJ2020PTC114307.
Velar Structures has 2 current directors:
- Mitesh Patel - Managing Director
- Gitaben Rameshbhai Patel - Director
The latest financial statements of Velar Structures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Velar Structures is 24AAHCV4468M1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Velar Structures is U45309GJ2020PTC114307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velar Structures was incorporated on 03 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gitaben Rameshbhai Patel was appointed as Director on 03 Jul 2020. Mitesh Patel was appointed as Managing Director on 03 Jul 2020.
The registered office of Velar Structures is at 391 Talvadi Opp Moon Light Nr Jantanagar Ramol Road Ramol, Ahmedabad, Gujarat, India – 382449.
Velar Structures operates in the manufacturing industry, in the construction materials segment.
Velar Structures can be reached at its registered office: 391 Talvadi Opp Moon Light Nr Jantanagar Ramol Road Ramol, Ahmedabad, Gujarat, India – 382449.
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