MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0137561
Velo Services Private Limited - consumer electronics & durables in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.73 Cr
▼ 15% YoY
Net loss · FY 2025
₹24.96 Lakh
Net margin -6.7%
EBITDA · FY 2025
-₹24.55 Lakh
EBITDA margin -6.6%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Velo Services Private Limited
Data last updated:
Velo Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 22 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93090TN2017PTC118219. Its GSTIN is 33AAGCV0634G1ZM (Tamil Nadu).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Sudheer Sreenivasan and Nadipuram Sampathiyengar Krishna.
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 1A Malles Enclave A/70/2 5th Street A – Block Anna Nagar East, Chennai, Tamil Nadu, India – 600102.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.73 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹24.96 Lakh (net margin -6.7%) and EBITDA of -₹24.55 Lakh (EBITDA margin -6.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 14% over five years.
Velo Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0137561). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veloservices.co.in.
Company Details of Velo Services Private Limited
CIN U93090TN2017PTC118219
Registration Number 118219
Incorporation Date 22 August 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0137561
Recognitions & Rankings of Velo Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1A Malles Enclave A/70/2 5th Street A – Block Anna Nagar East, Chennai, Tamil Nadu, India – 600102
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
Comprehensive company report
Velo Services Private Limited - one report that includes everything
- 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Velo Services Private Limited
The main business activity of Velo Services is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Velo Services Private Limited FY 2025 filings available
Velo Services Private Limited reported revenue of ₹3.73 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹3.73 Cr ▼ 15%
Net loss · FY 2025
₹24.96 Lakh margin -6.7%
EBITDA · FY 2025
-₹24.55 Lakh margin -6.6%
Compounded Annual Growth Rate (CAGR) of Velo Services Private Limited
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 13%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 107%
5 years · compounded
▼ 107%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 59% 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 of Velo Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹24.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹24.96 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 of Velo Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Velo Services are in the company report.
Premium access
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Velo Services Private Limited
Velo Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudheer Sreenivasan | Director | 22 Aug 2017 | 9 Years 2 Months | Current |
| Nadipuram Sampathiyengar Krishna | Director | 22 Aug 2017 | 9 Years 2 Months | Current |
Peer Comparison of Velo Services Private Limited
Velo Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| C R Green Power Private Limited | ₹3.75 Cr (FY 2024) | •••• | •••• | 295.0% | •••• | Birbhum, West Bengal, India |
| Shah Fasteners & Tools Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Mumbai, Maharashtra, India |
| Pactum Solutions Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Got Design India Private Limited | ₹3.73 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Bangalore, Karnataka, India |
| Suresh Furnace Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | 1078.0% | •••• | Delhi, India |
| Velo Services Private Limited this company | ₹3.73 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Chennai, Tamil Nadu, India |
| Protocol One IT Labs Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Ninepower Feroalloys Private Limited | ₹3.72 Cr (FY 2024) | •••• | •••• | 3284.0% | •••• | Rahata, Maharashtra, India |
| N3 Infinity Projects Private Limited | ₹3.72 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kasargod, Kerala, India |
| Ragi Impex Private Limited | ₹3.72 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Honesty Automation Private Limited | ₹3.72 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Velo Services by revenue in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Velo Services Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Velo Services Private Limited
Velo Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Velo Services Private Limited
Employment history and EPFO contributions of people linked to Velo Services.
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Velo Services Private Limited
Velo Services Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Ravindra Kumar Subramani ceased to be Additional Director on 21 Sep 2019.
AGM
Velo Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Velo Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Ravindra Kumar Subramani ceased to be Additional Director.
Appointed
Nadipuram Sampathiyengar Krishna was appointed as Director.
Appointed
Sudheer Sreenivasan was appointed as Director.
Incorporation
22 Aug 2017
Velo Services Private Limited was registered on 22 Aug 2017 with Roc Chennai & aged 9 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Velo Services Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Velo Services Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Velo Services Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Velo Services Private Limited
Velo Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCV0634G1ZM | Tamil Nadu | Active | 18 Nov 2017 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Velo Services Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Velo Services Private Limited
Velo Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 22 August 2017 (9+ years old) and is registered under CIN U93090TN2017PTC118219.
Velo Services reported revenue of ₹3.73 Cr for FY 2025 (down 15% YoY).
Velo Services has 2 current directors:
- Sudheer Sreenivasan - Director
- Nadipuram Sampathiyengar Krishna - Director
Velo Services reported a net loss of ₹24.96 Lakh (net margin -6.7%) and EBITDA of -₹24.55 Lakh (EBITDA margin -6.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Velo Services is 13% over three years and 14% over five years. In the latest year (FY 2025) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Velo Services is 33AAGCV0634G1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Velo Services is U93090TN2017PTC118219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velo Services was incorporated on 22 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Velo Services by revenue are C R Green Power Private Limited, Shah Fasteners & Tools Private Limited, Pactum Solutions Private Limited, Got Design India Private Limited, Suresh Furnace Private Limited and 5 more, all in the same principal business activity (Wholesale and retail trade and repair of motor vehicles and motorcycles).
Ravindra Kumar Subramani ceased to be Additional Director on 21 Sep 2019. Nadipuram Sampathiyengar Krishna was appointed as Director on 22 Aug 2017. Sudheer Sreenivasan was appointed as Director on 22 Aug 2017.
Yes, Velo Services is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0137561).