
Velocity Realtors Private Limited
About Velocity Realtors Private Limited
Data last updated:
Velocity Realtors Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Omkar Realtors & Developers Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 December 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2009PTC197505. Its GSTIN is 27AADCV1486F1Z8 (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It was led by directors Ganesh Ashok Nanaware and Subhash Sahadev Barkunta.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Omkar House Off Eastern Express Highway Opp Sion Chunnabhatti Signal Sion(East), Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2023, the company reported a revenue of ₹22,993, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8,981 (net margin 39.1%) and EBITDA of ₹8,981 (EBITDA margin 39.1%).
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Velocity Realtors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOmkar House Off Eastern Express Highway Opp Sion Chunnabhatti Signal Sion(East), Mumbai, Maharashtra, India – 400022
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Velocity Realtors 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
Financials of Velocity Realtors Private Limited
FY 2023 filings availableVelocity Realtors Private Limited reported revenue of ₹22,993 (up 4499% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹8,981 | ||||
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| Net Profit (PAT) | ₹8,981 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 39.1% | ||||
| Net Profit Margin | 39.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Velocity Realtors Private Limited, buy the company report.
Board of directors of Velocity Realtors Private Limited
Velocity Realtors has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Ashok Nanaware Also directs: Kinetic Petroleum Private Limited, Foremost Realtors Private Limited, Cosma Realtors Private Limited and 5 more | Director | 01 Mar 2021 | 5 Years 7 Months | As last reported |
| Subhash Sahadev Barkunta Also directs: Vedarambh Properties LLP, Kinetic Petroleum Private Limited, Foremost Realtors Private Limited and 5 more | Director | 24 Jun 2020 | 6 Years 4 Months | As last reported |
Peer comparison
Velocity Realtors Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Annavaram Infra Ventures Private Limited | ₹23,000 (FY 2025) | Hyderabad, Telangana, India | ||||
| Auro Land Ventures Private Limited | ₹23,000 (FY 2025) | Hyderabad, Telangana, India | ||||
| VSD Buildwell Private Limited | ₹23,000 (FY 2025) | 229.0% | New Delhi, Delhi, India | |||
| JMS Buildwell Private Limited | ₹23,000 (FY 2025) | -100.0% | Gurgaon, Haryana, India | |||
| Ekant Estates Private Limited | ₹23,000 (FY 2025) | Delhi, India | ||||
| Velocity Realtors Private Limitedthis company | ₹22,993 (FY 2023) | ₹8,981 | 39.1% | 4499.0% | Mumbai, Maharashtra, India | |
| Task Realtors Private Limited | ₹22,993 (FY 2023) | Mumbai, Maharashtra, India | ||||
| Radix Lifespaces Private Limited | ₹22,989 (FY 2019) | 820.0% | Bangalore, Karnataka, India | |||
| Divyanjali Reality Private Limited | ₹22,981 (FY 2023) | -75.0% | Indore, Madhya Pradesh, India | |||
| Vakratunda Nirman Private Limited | ₹22,950 (FY 2025) | 53.0% | Kolkata, West Bengal, India | |||
| Apollo Arcade Private Limited | ₹22,944 (FY 2025) | -33.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Velocity Realtors Private Limited, buy the company report.
Auditor
Velocity Realtors Private Limited is audited by NEELESH JAIN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEELESH JAIN & ASSOCIATES | FY 2020 | 142400W |
Shareholding
The shareholding of Velocity Realtors Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Velocity Realtors Private Limited, buy the company report.
Legal cases
Velocity Realtors Private Limited has 2 court cases on record: 1 filed by Velocity Realtors, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases w) | Filed against the company by an individual | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Velocity Realtors Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velocity Realtors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velocity Realtors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV1486F1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velocity Realtors Private Limited, buy the company report.
Recent activity
Velocity Realtors Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Ganesh Ashok Nanaware was appointed as Director on 01 Mar 2021.
Frequently asked questions
Velocity Realtors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Velocity Realtors was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 December 2009 and is registered under CIN U70102MH2009PTC197505. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Velocity Realtors was incorporated on 01 December 2009. It is registered with the Registrar of Companies, Mumbai.
Velocity Realtors had 2 directors:
- Ganesh Ashok Nanaware - Director
- Subhash Sahadev Barkunta - Director
The CIN (Corporate Identification Number) of Velocity Realtors is U70102MH2009PTC197505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Velocity Realtors is at Omkar House Off Eastern Express Highway Opp Sion Chunnabhatti Signal SionEast, Mumbai, Maharashtra, India – 400022.
The latest financial statements of Velocity Realtors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Velocity Realtors is 27AADCV1486F1Z8, registered in Maharashtra.
Velocity Realtors operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Velocity Realtors by revenue are Annavaram Infra Ventures Private Limited, Auro Land Ventures Private Limited, VSD Buildwell Private Limited, JMS Buildwell Private Limited, Ekant Estates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Velocity Realtors has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.