About Veltosa Private Limited
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Veltosa Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 13 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2013PTC076816. Its GSTIN is 24AAGCR5939Q1ZM (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rajyogi Innovative Private Limited. It is led by directors Kamlesh Trikambhai Patel (Managing Director) and Nilay Rajendrakumar Shah.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 53 2nd Floor Four D Square Motera, Ahmedabad, Gujarat, India – 382424.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.37 Lakh (net margin 2.7%) and EBITDA of ₹6.37 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 72% over five years.
The company is associated with 1 brand: Veltosa. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website veltosa.com.
Company details
Contact details
Veltosa Private Limited's registered office is in Ahmedabad, Gujarat. Its website is veltosa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address53 2nd Floor Four D Square Motera, Ahmedabad, Gujarat, India – 382424
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Veltosa 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
Veltosa operates one associated brand: Veltosa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides an online platform for home cleaning accessories. | veltosa.com |
Business activity
The main business activity of Veltosa is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Veltosa Private Limited, buy the company report.
Financials of Veltosa Private Limited
FY 2021 filings availableVeltosa Private Limited reported revenue of ₹2.37 Cr (up 227% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 72% over five years, including 227% growth in the latest year. EBITDA rose 187% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹6.37 Lakh | ||||
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| Net Profit (PAT) | ₹6.37 Lakh | ||||
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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 | 2.7% | ||||
| Net Profit Margin | 2.7% | ||||
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To see the full financial statements and ratios of Veltosa Private Limited, buy the company report.
Board of directors of Veltosa Private Limited
Veltosa 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 |
|---|---|---|---|---|
| Nilay Rajendrakumar Shah | Director | 13 Sep 2013 | 13 Years 1 Months | Current |
| Kamlesh Trikambhai Patel | Managing Director | 13 Sep 2013 | 13 Years 1 Months | Current |
Auditor
Veltosa Private Limited is audited by Ankita Hiren & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ankita Hiren & Associates | FY 2017 | 139393W |
Shareholding
The shareholding of Veltosa Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Veltosa Private Limited, buy the company report.
Legal cases
Veltosa Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by K Shah and Co- Snehal Surendra Shah | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by U.P. State | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Mustafa Murtaz Chasmai Prop.Of Eclectic Products and Services | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Veltosa 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 Veltosa Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veltosa has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCR5939Q1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veltosa Private Limited, buy the company report.
Recent activity
Veltosa Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Nilay Rajendrakumar Shah ceased to be Director on 27 May 2022.
Frequently asked questions
Veltosa is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 13 September 2013 (13+ years old) and is registered under CIN U74140GJ2013PTC076816.
Veltosa has 2 current directors:
- Kamlesh Trikambhai Patel - Managing Director
- Nilay Rajendrakumar Shah - Director
The latest financial statements of Veltosa on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Veltosa is 24AAGCR5939Q1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Veltosa is U74140GJ2013PTC076816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veltosa has 5 court cases on record: 5 filed against it. 3 are pending.
Veltosa was incorporated on 13 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nilay Rajendrakumar Shah ceased to be Director on 27 May 2022. Sanjeevkumar Jayantilal Shah ceased to be Director on 01 Apr 2016. Kamlesh Trikambhai Patel ceased to be Director on 28 Mar 2014. Veltosa has 5 board changes on record in total.
Veltosa can be reached through the website veltosa.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Veltosa is at 53 2nd Floor Four D Square Motera, Ahmedabad, Gujarat, India – 382424.