Velvet Logistics

Delhi, India Founded: 2020 • Age: 6 yrs
Offers packing, moving, relocation, storage, and transport services for individuals and businesses in India.

About Velvet Logistics

Velvet Logistics is an Industrial Goods & Manufacturing company based in Delhi (India) founded in 2020. It offers packing, moving, relocation, storage, and transport services for individuals and businesses in India. It operates on a B2C and B2B model in Industrial Goods & Manufacturing and Transportation, Automotive & Logistics sectors. Its Indian entity Velvet Logistics Private Limited reported revenue of β‚Ή3.79 Cr. Velvet Logistics offers products and services including Domestic Shifting, Office Shifting, Vehicle Relocation, Warehousing Facilities, and International Shipping. Its focus areas include Consumer, Logistics Tech, Relocation Services and Packing and Moving. Its competitors include Allcargo Logistics and CJ Darcl; 2 of its 2 listed competitors have raised funding.

Company details

Velvet Logistics is a packing and moving company based in India, specializing in domestic shifting, office relocation, vehicle transport, and warehousing. They operate across multiple cities, using professional techniques for secure packing and timely delivery. Serving individuals and businesses, they focus on efficient logistics and customer satisfaction, with a nationwide network to ensure hassle-free moves.

Key Metrics
  • Annual Revenue
    ₹3.79 Cr

    FY 2024 · +64% YoY

  • Net Profit
    ₹10.7 Lakh

    FY 2024 · 3% margin

  • EBITDA
    ₹29.3 Lakh

    FY 2024 · 8% margin

Products & Services of Velvet Logistics

Velvet Logistics offers a comprehensive portfolio of products and services, including Domestic Shifting, Office Shifting, Vehicle Relocation, Warehousing Facilities, and International Shipping.

Domestic Shifting
Relocation Services

Handles household packing and moving within India

Office Shifting
Business Relocation

Manages office equipment transport and setup

Vehicle Relocation
Transport Services

Provides secure vehicle shifting across locations

Warehousing Facilities
Storage Solutions

Offers safe storage for goods and inventory

International Shipping
Global Logistics

Facilitates international relocation of belongings

Board of directors of Velvet Logistics Private Limited (Velvet Logistics)

Velvet Logistics Private Limited is the primary company behind Velvet Logistics. The board of Velvet Logistics Private Limited currently have 2 directors; the longest-serving is Vinod Kumar, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vinod Kumar
DIN 08466486
Director29 May 20197 yrs 5 moVelvet Logistics Private Limited
Bintu
DIN 10661919
Director10 Jun 20242 yrs 5 moVelvet Logistics Private Limited

Financials of Velvet Logistics

Figures of Velvet Logistics Private Limited, the primary company behind Velvet Logistics, for FY 2024. Revenue was ₹3.79 Cr (+64% year on year). Net profit was ₹10.7 Lakh (3% margin). EBITDA was ₹29.3 Lakh (8% margin). Revenue has grown at a compounded annual rate of +255% over three years.

  • ₹3.79 CrRevenue · FY 2024 · +64% YoY
  • ₹10.7 LakhNet profit · 3% margin
  • ₹29.3 LakhEBITDA · 8% margin
  • ₹1 LakhPaid-up capital
  • +255%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Velvet Logistics Private Limited are on its company page.

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Detailed financial statements for Velvet Logistics

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Competitors of Velvet Logistics

Velvet Logistics has 2 listed competitors in our database, 2 of them funded. They include Allcargo Logistics and CJ Darcl.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
allcargologistics.com1993Mumbai, India$18M182
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
cjdarcl.com1975Gurugram, India$17.31M6,166
Multi-modal freight forwarding, logistics, and warehousing services are provided.
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Detailed competitors of Velvet Logistics

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Frequently Asked Questions about Velvet Logistics

Velvet Logistics was founded in 2020.

Velvet Logistics is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

The primary company behind Velvet Logistics, Velvet Logistics Private Limited, reported revenue of β‚Ή3.79 Cr for FY 2024, up 64% year on year.

Velvet Logistics is a packing and moving company based in India, specializing in domestic shifting, office relocation, vehicle transport, and warehousing. They operate across multiple cities, using professional techniques for secure packing and timely delivery. Serving individuals and businesses, they focus on efficient logistics and customer satisfaction, with a nationwide network to ensure hassle-free moves.

Velvet Logistics's top competitors include Allcargo Logistics and CJ Darcl.

Velvet Logistics offers Domestic Shifting, Office Shifting, Vehicle Relocation, Warehousing Facilities, and International Shipping.

Velvet Logistics operates through Velvet Logistics Private Limited.

The legal entities of Velvet Logistics currently have 2 directors, including Vinod Kumar, Bintu.

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