About Velocity Software Solutions Private Limited
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Velocity Software Solutions Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72200UP2006PTC031743. Its GSTIN is 09AACCV4135G1ZD (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.25 Lakh. It is led by directors Nitin Srivastava and Manish Kumar Agrawal.
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 E – 23 Sector – 63, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.61 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹54.8 Lakh (net margin 4.7%) and EBITDA of ₹1.17 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: KnowBand and Velocity software. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velsof.com.
Company details
Contact details
Velocity Software Solutions Private Limited's registered office is in Noida, Uttar Pradesh. Its website is velsof.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 23 Sector – 63, Noida, Uttar Pradesh, India – 201301
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Velocity Software Solutions 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
Brands
Velocity Software Solutions operates two associated brands: KnowBand and Velocity software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers eCommerce plugins, extensions, and app builders for online stores. | knowband.com | |
| Offers IT solutions including app development, web services, and digital marketing. | velsof.com |
Business activity
The main business activities of Velocity Software Solutions are information and communication and professional, scientific and technical. In detail, this covers computer programming, consultancy and related activities and management consultancy activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Velocity Software Solutions Private Limited, buy the company report.
Financials of Velocity Software Solutions Private Limited
FY 2025 filings availableVelocity Software Solutions Private Limited reported revenue of ₹11.61 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 50% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.17 Cr | ||||
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| Net Profit (PAT) | ₹54.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Velocity Software Solutions Private Limited, buy the company report.
Board of directors of Velocity Software Solutions Private Limited
Velocity Software Solutions 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 |
|---|---|---|---|---|
| Nitin Srivastava Also directs: Ubinator Software Solutions LLP | Director | 17 Dec 2008 | 17 Years 10 Months | Current |
| Manish Kumar Agrawal | Director | 01 Oct 2012 | 14 Years 1 Months | Current |
Auditor
Velocity Software Solutions Private Limited is audited by CHHAPOLIKA AND COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHAPOLIKA AND COMPANY | FY 2022 | 030728N |
Shareholding
The shareholding of Velocity Software Solutions Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velocity Software Solutions Private Limited, buy the company report.
Legal cases
Velocity Software Solutions Private Limited has 8 court cases on record: 1 filed by Velocity Software Solutions, 7 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 4 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by NR Wardrobe Fuss Pvt Ltd | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against NR Wardrobe Fuss Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by N R Wardrobe Fuss Pvt Ltd | Disposed |
| District court, Lucknow, Uttar Pradesh | Court case (Regular Suit) | Filed against the company by Cedcoss Technologies Private Limited and Other | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Velocity Software Solutions 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 Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velocity Software Solutions Private Limited has a workforce of 39 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 39 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Velocity Software Solutions Private Limited, buy the company report.
GST
Velocity Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCV4135G1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velocity Software Solutions Private Limited, buy the company report.
Recent activity
Velocity Software Solutions Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Manish Kumar Agrawal was appointed as Director on 01 Oct 2012.
Frequently asked questions
Velocity Software Solutions is an active private limited company based in Noida, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 May 2006 (20+ years old) and is registered under CIN U72200UP2006PTC031743.
Velocity Software Solutions has 2 current directors:
- Nitin Srivastava - Director
- Manish Kumar Agrawal - Director
The latest financial statements of Velocity Software Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Velocity Software Solutions is 09AACCV4135G1ZD, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Velocity Software Solutions is U72200UP2006PTC031743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velocity Software Solutions has 8 court cases on record: 1 filed by the company and 7 filed against it. 4 are pending. Most are in the district courts.
Velocity Software Solutions was incorporated on 02 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kanpur.
Manish Kumar Agrawal was appointed as Director on 01 Oct 2012. Mohammed Saboor ceased to be Managing Director on 01 Oct 2012. Nitin Srivastava ceased to be Additional Director on 30 Sep 2009. Velocity Software Solutions has 5 board changes on record in total.
Velocity Software Solutions can be reached through the website velsof.com. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Velocity Software Solutions is at E – 23 Sector – 63, Noida, Uttar Pradesh, India – 201301.
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