Veltron Electronic Devices Private Limited
About Veltron Electronic Devices Private Limited
Data last updated:
Veltron Electronic Devices Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 28 March 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1994PTC077377. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46.12 Lakh. It was led by directors Vijay Hasmukhrai Bhayani and Preeti Vijay Bhayani.
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 was at 52 – C Chhotani Building 2nd Floor Jyoti Estate Proctor Road, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.49 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹7.88 Lakh (net margin 58.4%) and EBITDA of ₹10.5 Lakh (EBITDA margin 77.8%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 49% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
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- Registered Address52 – C Chhotani Building 2nd Floor Jyoti Estate Proctor Road, Mumbai, Maharashtra, India – 400007
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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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Financials of Veltron Electronic Devices Private Limited FY 2023 filings available
Veltron Electronic Devices Private Limited reported revenue of ₹13.49 Lakh (down 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Veltron Electronic Devices Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 23% fall in the latest year. EBITDA fell 30% 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 of Veltron Electronic Devices Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.88 Lakh | •••• | •••• | •••• | •••• |
| 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 of Veltron Electronic Devices Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 77.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 58.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Veltron Electronic Devices are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Veltron Electronic Devices Private Limited
Veltron Electronic Devices has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Hasmukhrai Bhayani | Director | 28 Mar 1994 | 32 Years 6 Months | As last reported |
| Preeti Vijay Bhayani | Director | 28 Mar 1994 | 32 Years 6 Months | As last reported |
Peer Comparison of Veltron Electronic Devices Private Limited
Veltron Electronic Devices Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prizzv Net Work Private Limited | ₹13.66 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Adr Power Infrastructure Private Limited | ₹13.59 Lakh (FY 2019) | •••• | •••• | -65.0% | •••• | Delhi, India |
| Elexcellence Private Limited | ₹13.51 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Sophistic Networks Technologies Private Limited | ₹13.5 Lakh (FY 2024) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
| Sanyukts Mart Private Limited | ₹13.5 Lakh (FY 2019) | •••• | •••• | 216.0% | •••• | Sawai Madhopur, Rajasthan, India |
| Veltron Electronic Devices Private Limited this company | ₹13.49 Lakh (FY 2023) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Joprodex Limited | ₹13.43 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Gurgaon, Haryana, India |
| Fluo-Lite Private Limited | ₹13.43 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Global Infocom Private Limited | ₹13.41 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Alliant Renewables Private Limited | ₹13.34 Lakh (FY 2024) | •••• | •••• | •••• | Bishrakh, Uttar Pradesh, India | |
| Novatech Energie Systech Private Limited | ₹13.34 Lakh (FY 2024) | •••• | •••• | 2417.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Veltron Electronic Devices by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Veltron Electronic Devices Private Limited
Veltron Electronic Devices Private Limited is audited by NIKHIL GANDHI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIKHIL GANDHI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Veltron Electronic Devices Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Veltron Electronic Devices Private Limited
Veltron Electronic Devices Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Veltron Electronic Devices Private Limited
Veltron Electronic Devices Private Limited has 3 court cases on record: 3 filed by Veltron Electronic Devices. All cases are disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Veltron Electronic Devices Private Limited
Employment history and EPFO contributions of people linked to Veltron Electronic Devices.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Veltron Electronic Devices Private Limited
Veltron Electronic Devices Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Sachin Gokuldas Mehta ceased to be Director on 02 Feb 2015.
Credit Ratings, Litigation & Regulatory Alerts for Veltron Electronic Devices Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Veltron Electronic Devices Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Veltron Electronic Devices Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Veltron Electronic Devices Private Limited
Veltron Electronic Devices has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Veltron Electronic Devices Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Veltron Electronic Devices Private Limited
Veltron Electronic Devices has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Veltron Electronic Devices was a private limited company based in Mumbai, Maharashtra, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 28 March 1994 and is registered under CIN U32109MH1994PTC077377. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Veltron Electronic Devices is U32109MH1994PTC077377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veltron Electronic Devices had 2 directors:
- Vijay Hasmukhrai Bhayani - Director
- Preeti Vijay Bhayani - Director
Veltron Electronic Devices was incorporated on 28 March 1994. It is registered with the Registrar of Companies, Mumbai.
The registered office of Veltron Electronic Devices is at 52 – C Chhotani Building 2nd Floor Jyoti Estate Proctor Road, Mumbai, Maharashtra, India – 400007.
Veltron Electronic Devices reported revenue of ₹13.49 Lakh for FY 2023 (down 23% YoY).
Veltron Electronic Devices has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46.12 Lakh.
Veltron Electronic Devices reported a net profit of ₹7.88 Lakh (net margin 58.4%) and EBITDA of ₹10.5 Lakh (EBITDA margin 77.8%) for FY 2023, as per its filed financial statements.
No. Veltron Electronic Devices has 1 GST registration on record and it is cancelled or inactive.
Veltron Electronic Devices operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.