Velmar Technologies Private Limited
About Velmar Technologies Private Limited
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Velmar Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 30 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PTC134134.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Padmavathy Sundaresan and Ramanathan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Suite # 579 715A 7th Floor Spencer Plaza Anna Salai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.34 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹39,956 (net margin 2.3%) and EBITDA of ₹74,879 (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
Company details
Contact details
Velmar Technologies Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressSuite # 579 715A 7th Floor Spencer Plaza Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryInformation Technology, Other Computer Related Activities
- 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 Velmar Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Velmar Technologies Private Limited, buy the company report.
Financials of Velmar Technologies Private Limited
FY 2024 filings availableVelmar Technologies Private Limited reported revenue of ₹17.34 Lakh (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 3% fall in the latest year. EBITDA fell 21% 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 | FY 2019-20 |
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| EBITDA | ₹74,879 | ||||
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| Net Profit (PAT) | ₹39,956 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Velmar Technologies Private Limited, buy the company report.
Board of directors of Velmar Technologies Private Limited
Velmar Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmavathy Sundaresan | Director | 24 Aug 2020 | 6 Years 2 Months | Current |
| Ramanathan | Director | 30 Jan 2020 | 6 Years 8 Months | Current |
| Meenakshi Chinnana Pichu | Director | 30 Jan 2020 | 6 Years 8 Months | Current |
Peer comparison
Velmar Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digital Creek Private Limited | ₹17.36 Lakh (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Sept Collines Hospitality Private Limited | ₹17.36 Lakh (FY 2022) | 422.0% | Bangalore, Karnataka, India | |||
| Astraser Trading & Services Private Limited | ₹17.35 Lakh (FY 2023) | 33.0% | Pune, Maharashtra, India | |||
| Target Informatics Private Limited | ₹17.35 Lakh (FY 2025) | -39.0% | Chandigarh, India | |||
| Vaira Technologies Private Limited | ₹17.35 Lakh (FY 2025) | -80.0% | Chennai, Tamil Nadu, India | |||
| Velmar Technologies Private Limitedthis company | ₹17.34 Lakh (FY 2024) | ₹39,956 | 2.3% | -3.0% | Chennai, Tamil Nadu, India | |
| Besto Login Technology Private Limited | ₹17.34 Lakh (FY 2020) | 4929.0% | Malappuram Post, Kerala, India | |||
| Storycast Media Private Limited | ₹17.33 Lakh (FY 2025) | -36.0% | Belgaum, Karnataka, India | |||
| Nisha Data Com Limited | ₹17.33 Lakh (FY 2024) | 13.0% | Rourkela, Odisha, India | |||
| Beehivedms Software Private Limited | ₹17.33 Lakh (FY 2025) | -17.0% | Kangarappady, Kerala, India | |||
| Salween Technologies Private Limited | ₹17.32 Lakh (FY 2021) | -10.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Velmar Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Velmar Technologies 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 Velmar Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Velmar Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Velmar Technologies Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Padmavathy Sundaresan ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Velmar Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 30 January 2020 (6+ years old) and is registered under CIN U72900TN2020PTC134134.
Velmar Technologies has 3 current directors:
- Padmavathy Sundaresan - Director
- Ramanathan - Director
- Meenakshi Chinnana Pichu - Director
The latest financial statements of Velmar Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Velmar Technologies is U72900TN2020PTC134134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velmar Technologies was incorporated on 30 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Velmar Technologies by revenue are Digital Creek Private Limited, Sept Collines Hospitality Private Limited, Astraser Trading & Services Private Limited, Target Informatics Private Limited, Vaira Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Padmavathy Sundaresan ceased to be Additional Director on 30 Nov 2021. Padmavathy Sundaresan was appointed as Director on 24 Aug 2020. Meenakshi Chinnana Pichu was appointed as Director on 30 Jan 2020. Velmar Technologies has 4 board changes on record in total.
The registered office of Velmar Technologies is at Suite # 579 715A 7th Floor Spencer Plaza Anna Salai, Chennai, Tamil Nadu, India – 600002.
Velmar Technologies operates in the information technology industry, in the other computer related activities segment.
Velmar Technologies can be reached at its registered office: Suite # 579 715A 7th Floor Spencer Plaza Anna Salai, Chennai, Tamil Nadu, India – 600002.
Velmar Technologies is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.