About Velocity Maritime Services Private Limited
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Velocity Maritime Services Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2016PTC271813.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Andrew Jaya Seelan Jeya Lakshmi Bakar (Managing Director) and Neeta Sachin Kuldhar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Office No.B – 403 Shiv Chamber Plot No.21 Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.28 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹57,387 (net margin -10.9%) and EBITDA of -₹41,624 (EBITDA margin -7.9%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velocitymaritime.com.
Company details
Contact details
Velocity Maritime Services Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is velocitymaritime.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.B – 403 Shiv Chamber Plot No.21 Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Velocity Maritime Services 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 Velocity Maritime Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Velocity Maritime Services Private Limited, buy the company report.
Financials of Velocity Maritime Services Private Limited
FY 2021 filings availableVelocity Maritime Services Private Limited reported revenue of ₹5.28 Lakh (down 22% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 22% fall 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
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| EBITDA | -₹41,624 | ||||
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| Net Profit (PAT) | -₹57,387 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -7.9% | ||||
| Net Profit Margin | -10.9% | ||||
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To see the full financial statements and ratios of Velocity Maritime Services Private Limited, buy the company report.
Board of directors of Velocity Maritime Services Private Limited
Velocity Maritime Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andrew Jaya Seelan Jeya Lakshmi Bakar | Managing Director | 14 Jul 2018 | 8 Years 3 Months | Current |
| Neeta Sachin Kuldhar | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
Auditor
Velocity Maritime Services Private Limited is audited by DINESH CHOUDHARY & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH CHOUDHARY & CO | FY 2017 | 169383 |
Shareholding
The shareholding of Velocity Maritime Services Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Velocity Maritime Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Velocity Maritime Services 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 Velocity Maritime Services 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 Velocity Maritime Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Velocity Maritime Services Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Balasaheb Bhau Gadilkar ceased to be Director on 24 Feb 2020.
Frequently asked questions
Velocity Maritime Services is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 January 2016 (10+ years old) and is registered under CIN U74120MH2016PTC271813.
Velocity Maritime Services has 2 current directors:
- Andrew Jaya Seelan Jeya Lakshmi Bakar - Managing Director
- Neeta Sachin Kuldhar - Director
The latest financial statements of Velocity Maritime Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Velocity Maritime Services is U74120MH2016PTC271813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velocity Maritime Services was incorporated on 07 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Balasaheb Bhau Gadilkar ceased to be Director on 24 Feb 2020. Neeta Sachin Kuldhar was appointed as Director on 24 Feb 2020. Neeta Sachin Kuldhar ceased to be Director on 07 Jun 2019. Velocity Maritime Services has 5 board changes on record in total.
Velocity Maritime Services can be reached through the website velocitymaritime.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Velocity Maritime Services is at Office No.B – 403 Shiv Chamber Plot No.21 Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
Velocity Maritime Services operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Velocity Maritime Services is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
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