MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0057097
Valetez Services Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.96 Cr
▲ 84% YoY
Net loss · FY 2024
₹66.79 Lakh
Net margin -6.1%
EBITDA · FY 2024
-₹81.04 Lakh
EBITDA margin -7.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.49 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
122
Provident fund records
About Valetez Services Private Limited
Data last updated:
Valetez Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 24 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC087206. Its GSTIN is 29AAFCV4144E1ZB (Karnataka). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.49 Lakh. It is led by directors including Prashant Chandrasekaran and Vasuta Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Workflo By Oyo Ranka Junction 80/3 Vijinapur Village Old Madras Road Kr Puram Hobli, Bangalore, Karnataka, India – 560036.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.96 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net loss of ₹66.79 Lakh (net margin -6.1%) and EBITDA of -₹81.04 Lakh (EBITDA margin -7.4%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years and 22% over five years.
The company has about 122 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: ValetEZ and ChargeEZ. As per MCA filings, the company has open charges of ₹75 Lakh on record. The company has 11 deals on record (6 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹3.48 Cr; the latest was in December 2021. Its 3 peer companies in the Business Services industry (Diversified Logistics, Online Service Providers, Parking Services), with the same principal business activity (services incidental to land, water & air transportation) are compared by revenue, 3 smaller; the largest is Saga Freight Express Private Limited with revenue of ₹10.96 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 2 overdue payments to 1 micro and small supplier.
Valetez Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0057097). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website valetez.com.
Company details
CIN U74900KA2016PTC087206
Registration Number 087206
Incorporation Date 24 March 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0057097
Recognitions & Rankings of Valetez Services
Contact details
Valetez Services Private Limited's registered office is in Bangalore, Karnataka. Its website is valetez.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressWorkflo By Oyo Ranka Junction 80/3 Vijinapur Village Old Madras Road Kr Puram Hobli, Bangalore, Karnataka, India – 560036
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Valetez Services Private Limited, buy the company report.
Comprehensive company report
Valetez Services Private Limited - one report that includes everything
- 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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Brands
Valetez Services operates two associated brands: ValetEZ and ChargeEZ. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Parking management is enabled via a tech-integrated platform. | valetez.com | |
| Network of electric vehicle charging stations and solutions | chargeez.in |
Business activity
The main business activity of Valetez Services is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Valetez Services Private Limited, buy the company report.
Financials of Valetez Services Private Limited
FY 2024 filings availableValetez Services Private Limited reported revenue of ₹10.96 Cr (up 84% YoY) for FY 2024.
Revenue · FY 2024
₹10.96 Cr ▲ 84%
Net loss · FY 2024
₹66.79 Lakh margin -6.1%
EBITDA · FY 2024
-₹81.04 Lakh margin -7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 84%
3 years · compounded
▲ 104%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 15%
5 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 84% growth in the latest year. EBITDA rose 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹81.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹66.79 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.4% | ||||
| Net Profit Margin | -6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Valetez Services Private Limited, buy the company report.
Board of directors of Valetez Services Private Limited
Valetez Services has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Chandrasekaran Also directs: PZP Parking LLP, Social Synergy Foundation | Director | 24 Mar 2016 | 10 Years 7 Months | Current |
| Vasuta Agarwal | Director | 24 Mar 2016 | 10 Years 7 Months | Current |
| Smit Kant Raturi Also directs: PZP Parking LLP, Iglulabs Software Private Limited | Director | 24 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Valetez Services Private Limited is compared with the 3 companies closest to it by revenue in the Business Services industry (Diversified Logistics, Online Service Providers, Parking Services), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Valetez Services Private Limitedthis company | ₹10.96 Cr (FY 2024) | -₹66.79 Lakh | -6.1% | 84.0% | 122 | Bangalore, Karnataka, India |
| Saga Freight Express Private Limited | ₹10.96 Cr (FY 2022) | 20.0% | New Delhi, Delhi, India | |||
| Holysun Logistics Private Limited | ₹10.94 Cr (FY 2024) | 206.0% | Bhilai, Chhattisgarh, India | |||
| Ribbon Logistics (India) Private Limited | ₹10.94 Cr (FY 2025) | 75.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Valetez Services Private Limited, buy the company report.
Auditor
Valetez Services Private Limited is audited by JYOLSANA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JYOLSANA & ASSOCIATES | FY 2023 | FRN013718S |
Shareholding
The shareholding of Valetez Services 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 Valetez Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2021 | 100506436 | Indian Bank | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Valetez Services Private Limited has 11 deals on record (6 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹3.48 Cr; the latest was in December 2021.
Total deals
11
Funding rounds
6
Secondary share transfers
4
Convertible or debt financing
1
Disclosed funding
₹3.48 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Sep 2020 | Funding round | ₹34.4 Lakh | Investors: Mani Capitals Limited , 3 individuals |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: Lead Invest (Lead Angels), 3 individuals Seller: 2 individuals |
To see the full deal history of Valetez Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Valetez Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Valetez Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Valetez Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Valetez Services Private Limited has a workforce of 122 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
122
Active EPFO establishments
1
Employee growth
40.23%
GST
Valetez Services has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV4144E1ZB | Karnataka | Active | 01 Jul 2017 |
| 37AAFCV4144E1ZE | Andhra Pradesh | Active | 11 Nov 2017 |
| 32AAFCV4144E1ZO | Kerala | Active | 03 Aug 2019 |
| 36AAFCV4144E1ZG | Telangana | Active | 13 Jan 2020 |
To see the full GST registrations and return filing status of Valetez Services Private Limited, buy the company report.
Recent activity
Valetez Services Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Prashant Chandrasekaran was appointed as Director on 24 Mar 2016.
AGM
Valetez Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Valetez Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Indian Bank amounted to Rs. 75.00 Lakh with Charge ID 100506436 was registered on 08 Nov 2021.
Appointed
Prashant Chandrasekaran was appointed as Director.
Appointed
Smit Kant Raturi was appointed as Director.
Appointed
Vasuta Agarwal was appointed as Director.
Incorporation
24 Mar 2016
Valetez Services Private Limited was registered on 24 Mar 2016 with Roc Bangalore & aged 10 years 7 months as per MCA records.
Frequently asked questions
Valetez Services is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 24 March 2016 (10+ years old) and is registered under CIN U74900KA2016PTC087206.
Valetez Services has 3 current directors:
- Prashant Chandrasekaran - Director
- Vasuta Agarwal - Director
- Smit Kant Raturi - Director
The latest financial statements of Valetez Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Valetez Services is 29AAFCV4144E1ZB, registered in Karnataka. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 37AAFCV4144E1ZE (Andhra Pradesh), 32AAFCV4144E1ZO (Kerala), 36AAFCV4144E1ZG (Telangana).
The CIN (Corporate Identification Number) of Valetez Services is U74900KA2016PTC087206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Valetez Services was incorporated on 24 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Valetez Services has 11 deals on record (6 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹3.48 Cr; the latest was in December 2021.
The peers of Valetez Services by revenue are Saga Freight Express Private Limited, Holysun Logistics Private Limited, Ribbon Logistics (India) Private Limited, all in the Business Services industry (Diversified Logistics, Online Service Providers, Parking Services), with the same principal business activity (services incidental to land, water & air transportation).
Prashant Chandrasekaran was appointed as Director on 24 Mar 2016. Smit Kant Raturi was appointed as Director on 24 Mar 2016. Vasuta Agarwal was appointed as Director on 24 Mar 2016.
Yes, Valetez Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0057097).
Valetez Services has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 20 Apr 2022.
Valetez Services can be reached through the website valetez.com. Its registered office is in Bangalore, Karnataka, India.
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