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Veloce Wellness Private Limited - e-commerce in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹14.41 Lakh
▲ 66% YoY
Net loss · FY 2023
₹19,226
Net margin -1.3%
EBITDA · FY 2023
-₹19,226
EBITDA margin -1.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
About Veloce Wellness Private Limited
Data last updated:
Veloce Wellness Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 15 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24239GJ2020PTC117357.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Megha Joy Shah and Shlok Joy Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop – 318 Green Elina Opposite Sneh Sankul Wadi, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.41 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹19,226 (net margin -1.3%) and EBITDA of -₹19,226 (EBITDA margin -1.3%).
For more details, the company can be reached via its website veloceinnovations.tech.
Company details
CIN U24239GJ2020PTC117357
Registration Number 117357
Incorporation Date 15 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Key People
Megha Joy Shah Director Shlok Joy Shah Director Recognitions & Rankings of Veloce Wellness
Contact details
Veloce Wellness Private Limited's registered office is in Surat, Gujarat. Its website is veloceinnovations.tech. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop – 318 Green Elina Opposite Sneh Sankul Wadi, Surat, Gujarat, India – 395009
- IndustryE-Commerce, Online Healthcare Product Retail
To see the full contact details of Veloce Wellness Private Limited, buy the company report.
Comprehensive company report
Veloce Wellness 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
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Business activity
The main business activity of Veloce Wellness is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Veloce Wellness Private Limited, buy the company report.
Financials of Veloce Wellness Private Limited
FY 2023 filings availableVeloce Wellness Private Limited reported revenue of ₹14.41 Lakh (up 66% YoY) for FY 2023.
Revenue · FY 2023
₹14.41 Lakh ▲ 66%
Net loss · FY 2023
₹19,226 margin -1.3%
EBITDA · FY 2023
-₹19,226 margin -1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 66%
EBITDA CAGR growth
1 year
▲ 93%
Revenue rose 66% in the latest year. EBITDA rose 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹14.41 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹19,226 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹19,226 | ||
| 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.3% | ||
| Net Profit Margin | -1.3% | ||
| 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 Veloce Wellness Private Limited, buy the company report.
Board of directors of Veloce Wellness Private Limited
Veloce Wellness has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Megha Joy Shah | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
| Shlok Joy Shah Also directs: Kirti Technologies Private Limited | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
Auditor
Veloce Wellness Private Limited is audited by N BANGUR & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N BANGUR & COMPANY | FY 2023 | 189388W |
Shareholding
The shareholding of Veloce Wellness 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 Veloce Wellness Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Veloce Wellness 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 Veloce Wellness 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 Veloce Wellness Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veloce Wellness Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Joy Kirtikant Shah ceased to be Director on 06 Feb 2023.
AGM
Veloce Wellness Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Veloce Wellness Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Joy Kirtikant Shah ceased to be Director.
Ceased
Abhishek Dalmia ceased to be Director.
Ceased
Alpeshkumar Vimalchand Ranka ceased to be Director.
Appointed
Megha Joy Shah was appointed as Director.
Appointed
Shlok Joy Shah was appointed as Director.
Ceased
Niravbhai Dineshbhai Jogani ceased to be Director.
Incorporation
15 Oct 2020
Veloce Wellness Private Limited was registered on 15 Oct 2020 with Roc Ahmedabad & aged 6 years 30 days as per MCA records.
Frequently asked questions
Veloce Wellness is an active private limited company based in Surat, Gujarat, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 15 October 2020 (6+ years old) and is registered under CIN U24239GJ2020PTC117357.
Veloce Wellness has 2 current directors:
- Megha Joy Shah - Director
- Shlok Joy Shah - Director
The latest financial statements of Veloce Wellness on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Veloce Wellness is U24239GJ2020PTC117357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veloce Wellness was incorporated on 15 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Joy Kirtikant Shah ceased to be Director on 06 Feb 2023. Abhishek Dalmia ceased to be Director on 02 Apr 2022. Alpeshkumar Vimalchand Ranka ceased to be Director on 02 Apr 2022. Veloce Wellness has 6 board changes on record in total.
Yes, Veloce Wellness is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Veloce Wellness can be reached through the website veloceinnovations.tech. Its registered office is in Surat, Gujarat, India.
The registered office of Veloce Wellness is at Shop – 318 Green Elina Opposite Sneh Sankul Wadi, Surat, Gujarat, India – 395009.
Veloce Wellness operates in the e-commerce industry, in the online healthcare product retail segment.
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