Commerce Velocity (India) Private Limited - Company Profile

It is a software private limited company based in Bangalore, Karnataka, India, established in 2001.
2001 Bangalore, Karnataka, India Active
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About Commerce Velocity (India) Private Limited

Commerce Velocity (India) Private Limited, a active private limited company, was established on 06 February 2001 in Bangalore, Karnataka, India. Engaging in software publishing within the software sector, it holds CIN: U72200KA2001PTC083039. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Timothy Jay Roache (Director), Ollukaran Inasu George (Director), Michael Andrew Giddings (Director). Past directors included Timothy Jay Roache, Laimayum Gautami, Sameer Dhanrajani. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 249, Guruprasada, 15Th Main, 4Th T Block Jayanagar, Bangalore, Karnataka, 560049.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200KA2001PTC083039

  • Registration Number

    083039

  • Incorporation Date

    06 February 2001

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 25 Year, 6 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 44.38%
  • Profit Growth **** -386.13%
  • Ebitda **** -8749.28%
  • Net Worth -6.98%
  • Total Assets -7.26%
Company report

Commerce Velocity (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Commerce Velocity (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Commerce Velocity (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Timothy Jay Roache Director 08 Dec 2021 Current
Ollukaran Inasu George Director 29 Sep 2016 Current
Michael Andrew Giddings Director 15 Dec 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 26 Aug 2019 Past
Pramod Abcsdd Director 03 Sep 2012 Past
Pramod Abcsdd Additional Director 30 Sep 2016 Past
Pramod Abcsdd Director 31 Aug 2010 Past
Pramod Abcsdd Additional Director 30 Sep 2017 Past

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Financial Performance of Commerce Velocity (India).

Commerce Velocity (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.38% increase. The company also saw a substantial fall in profitability, with a 386.13% decrease in profit. The company's net worth dipped by a decrease of 6.98%.

Commerce Velocity (India) revenue growth over time
Commerce Velocity (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 44.38%
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -7.26%
*******
*******
*******
*******
Profit or Loss
*******
 -386.13%
*******
*******
*******
*******
Net Worth
*******
 -6.98%
*******
*******
*******
*******
EBITDA
*******
 -8749.28%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Commerce Velocity (India)?

In 2023, Commerce Velocity (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Commerce Velocity (India)?

Unlock and access historical data on people associated with Commerce Velocity (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Commerce Velocity (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Commerce Velocity (India)'s trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Commerce Velocity (India)
Recent Activity within the Organization
  • Annual General Meeting

    The activity Commerce Velocity (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Commerce Velocity (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    Timothy Jay Roache was appointed as a Director was appointed as a Director on 08 Dec 2021 & has been associated with this company since 4 years 2 months . was recorded as a recent event.

  • Director Appointment

    Progress on Ollukaran Inasu George was appointed as a Director was appointed as a Director on 29 Sep 2016 & has been associated with this company since 9 years 4 months . was documented.

  • Director Appointment

    Progress on Michael Andrew Giddings was appointed as a Director was appointed as a Director on 15 Dec 2010 & has been associated with this company since 15 years 2 months . was documented.

  • Company Incorporation

    Commerce Velocity (India) Private Limited was registered on 06 Feb 2001 with Roc Bangalore & aged 25 years 6 days as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Commerce Velocity (India) Private Limited?

The CIN of Commerce Velocity (India) Private Limited is U72200KA2001PTC083039.

Where is Commerce Velocity (India) Private Limited headquartered?

Commerce Velocity (India) Private Limited is headquartered at 249, Guruprasada, 15Th Main, 4Th T Block Jayanagar, Bangalore, Karnataka, 560049.

When was Commerce Velocity (India) Private Limited incorporated?

Commerce Velocity (India) Private Limited was incorporated on 06 February 2001.

Who are the current directors of Commerce Velocity (India) Private Limited?

The current directors of Commerce Velocity (India) Private Limited are

What is the primary industry of Commerce Velocity (India) Private Limited?

The primary industry of Commerce Velocity (India) Private Limited is Software.

Is Commerce Velocity (India) Private Limited a listed company?

Commerce Velocity (India) Private Limited is unlisted.

What is the capital structure of Commerce Velocity (India) Private Limited?

The authorized capital of Commerce Velocity (India) Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Commerce Velocity (India) Private Limited?

The compliance status of Commerce Velocity (India) Private Limited is Compliant.

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