MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0018497
Velca Racking Systems Private Limited - machinery and equipment in Hoskote, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.46 Cr
▲ 2.29% YoY
Net profit · FY 2025
₹11.48 Cr
Net margin 24.7%
EBITDA · FY 2025
₹16.3 Cr
EBITDA margin 35.1%
Authorised capital
₹1.35 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Open charges
₹17.44 Cr
Satisfied ₹18.32 Cr
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About Velca Racking Systems Private Limited
Data last updated:
Velca Racking Systems Private Limited is a private limited company based in Hoskote, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 29 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28111KA2006PTC189060. Its GSTIN is 29AACCV3300M1Z9 (Karnataka). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹90 Lakh. It is led by directors Karupam Vitil Kunjhumarakkar Basheer and Jamela Basheer.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore Aerospace Park, Hoskote, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.46 Cr. For the same year it recorded a net profit of ₹11.48 Cr (net margin 24.7%) and EBITDA of ₹16.3 Cr (EBITDA margin 35.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹17.44 Cr and satisfied charges of ₹18.32 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it; 1 case is pending.
Velca Racking Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0018497). 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 velcasystems.com.
Company details
CIN U28111KA2006PTC189060
Registration Number 189060
Incorporation Date 29 September 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0018497
CIN history
Velca Racking Systems has one previous CIN (Corporate Identification Number): U28111DL2006PTC154535. The current CIN is U28111KA2006PTC189060, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28111KA2006PTC189060 | Current |
| U28111DL2006PTC154535 | Previous |
Recognitions & Rankings of Velca Racking Systems
Contact details
Velca Racking Systems Private Limited's registered office is in Hoskote, Karnataka. Its website is velcasystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBangalore Aerospace Park 91, KIADB Industrial Area, Hoskote, Karnataka, India – 562129
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Velca Racking Systems Private Limited, buy the company report.
Comprehensive company report
Velca Racking Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Velca Racking Systems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Velca Racking Systems Private Limited, buy the company report.
Financials of Velca Racking Systems Private Limited
FY 2025 filings availableVelca Racking Systems Private Limited reported revenue of ₹46.46 Cr for FY 2025.
Revenue · FY 2025
₹46.46 Cr
Net profit · FY 2025
₹11.48 Cr margin 24.7%
EBITDA · FY 2025
₹16.3 Cr margin 35.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 4%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 377%
3 years · compounded
▲ 74%
5 years · compounded
▲ 45%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years. EBITDA rose 377% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹16.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.48 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.1% | ||||
| Net Profit Margin | 24.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Velca Racking Systems Private Limited, buy the company report.
Board of directors of Velca Racking Systems Private Limited
Velca Racking Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karupam Vitil Kunjhumarakkar Basheer | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
| Jamela Basheer | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
Auditor
Velca Racking Systems Private Limited is audited by BHS AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHS AND CO. | FY 2023 | 016889N |
Shareholding
The shareholding of Velca Racking Systems 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velca Racking Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.44 Cr
Satisfied charges
₹18.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2024 | 100913332 | Hdfc Bank Limited | ₹23.89 Lakh | Open | |
| 26 Feb 2024 | 100895606 | Others | ₹38.4 Lakh | Open | |
| 18 Dec 2023 | 100837618 | Others | ₹1.03 Cr | Open | |
| 18 Dec 2023 | 100837624 | Others | ₹40 Lakh | Open | |
| 28 Nov 2023 | 100849237 | Hdfc Bank Limited | ₹13.09 Lakh | Open |
To see the full charge records of Velca Racking Systems Private Limited, buy the company report.
Total charge records: 28 View all charges
Legal cases
Velca Racking Systems Private Limited has 13 court cases on record: 8 filed by Velca Racking Systems, 5 filed against it. 1 case is pending and 12 are disposed.
Total cases
13
Filed by the company
8
Filed against the company
5
Pending
1
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 4 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by M/S Power2sme Pvt Ltd | Disposed |
| High Court, KARNATAKA | Revision petition | Filed against the company by individuals | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Galaxy Hyper Market | Disposed |
| District court, Thrissur, Kerala | Criminal miscellaneous application | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Appeal | Filed against the company by individuals | Disposed |
To see the full case history of Velca Racking Systems 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.
Credit ratings & regulatory alerts
Velca Racking Systems Private Limited was last rated by Crisil on 10 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Mar 2021 |
To see the full credit ratings and regulatory alerts of Velca Racking Systems Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velca Racking Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velca Racking Systems has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV3300M1Z9 | Karnataka | Active | 01 Jul 2017 |
| 32AACCV3300M1ZM | Kerala | Active | 01 Jul 2017 |
| 07AACCV3300M2ZE | Delhi | Active | 14 Sep 2024 |
To see the full GST registrations and return filing status of Velca Racking Systems Private Limited, buy the company report.
Recent activity
Velca Racking Systems Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Jamela Basheer was appointed as Director on 29 Sep 2006.
AGM
Velca Racking Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Velca Racking Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 4.00 Cr registered on 10 Oct 2023 with Charge ID 100835718 was modified on 15 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100913332 was registered on 29 Feb 2024.
Charges
A charge with Others amounted to Rs. 0.38 Cr with Charge ID 100895606 was registered on 26 Feb 2024.
Charges
A charge with Others amounted to Rs. 1.03 Cr with Charge ID 100837618 was registered on 18 Dec 2023.
Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100837624 was registered on 18 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100849237 was registered on 28 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100835718 was registered on 10 Oct 2023.
Charges
A charge with Others amounted to Rs. 0.21 Cr with Charge ID 100728981 was registered on 05 Jun 2023.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100735857 was registered on 14 Apr 2023.
Charges
A charge with Others amounted to Rs. 0.58 Cr with Charge ID 100659347 was registered on 07 Dec 2022.
34 earlier events are in the company report.
Frequently asked questions
Velca Racking Systems is an active private limited company based in Hoskote, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 29 September 2006 (20+ years old) and is registered under CIN U28111KA2006PTC189060.
Velca Racking Systems has 2 current directors:
- Karupam Vitil Kunjhumarakkar Basheer - Director
- Jamela Basheer - Director
The latest financial statements of Velca Racking Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Velca Racking Systems is 29AACCV3300M1Z9, registered in Karnataka. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 32AACCV3300M1ZM (Kerala), 07AACCV3300M2ZE (Delhi).
The CIN (Corporate Identification Number) of Velca Racking Systems is U28111KA2006PTC189060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velca Racking Systems has 13 court cases on record: 8 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Velca Racking Systems was incorporated on 29 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Jamela Basheer was appointed as Director on 29 Sep 2006. Karupam Vitil Kunjhumarakkar Basheer was appointed as Director on 29 Sep 2006.
Yes, Velca Racking Systems is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0018497).
Velca Racking Systems can be reached through the website velcasystems.com. Its registered office is in Hoskote, Karnataka, India.