Veldis Sales Limited
About Veldis Sales Limited
Data last updated:
Veldis Sales Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 17 October 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1973PLC016936.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Dipti Jitendra Vajani and Deepak Jethalal Desai.
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 1107 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.62 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 50.5%) and EBITDA of ₹2.84 Lakh (EBITDA margin 50.5%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹1.75 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Veldis Sales Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1107 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of Veldis Sales Limited, buy the company report.
- 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
Business activity
The main business activity of Veldis Sales is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Veldis Sales Limited, buy the company report.
Financials of Veldis Sales Limited
FY 2025 filings availableVeldis Sales Limited reported revenue of ₹5.62 Lakh (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 45% fall in the latest year. EBITDA rose 389% 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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| EBITDA | ₹2.84 Lakh | ||||
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| Net Profit (PAT) | ₹2.84 Lakh | ||||
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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 | 50.5% | ||||
| Net Profit Margin | 50.5% | ||||
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To see the full financial statements and ratios of Veldis Sales Limited, buy the company report.
Board of directors of Veldis Sales Limited
Veldis Sales has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Jethalal Desai Also directs: Sarabhai International Ltd, Marsel Distributors Shahibag Ltd, Himdhaval Investments Pvt Ltd and 2 more | Additional Director | 10 Feb 2021 | 5 Years 8 Months | Current |
| Dipti Jitendra Vajani Also directs: Marsel Distributors Shahibag Ltd | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Vaishaliben Niravkumar Patel Also directs: Himdhaval Investments Pvt Ltd | Additional Director | 03 Sep 2025 | 1 Years 2 Months | Current |
Auditor
Veldis Sales Limited is audited by SORAB S ENGINEER & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SORAB S ENGINEER & CO | FY 2020 | 110417W |
Shareholding
The shareholding of Veldis Sales Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Veldis Sales Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 1986 | 90188230 | Indian Bank | ₹30 Lakh | Open | |
| 18 Dec 1983 | 90188144 | Indian Bank | ₹20 Lakh | Open | |
| 13 Dec 1983 | 90187279 | Indian Bank | ₹30 Lakh | Open | |
| 15 Dec 1973 | 90184314 | Indian Overseas Bank | ₹95 Lakh | Open |
To see the full charge records of Veldis Sales Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Veldis Sales Limited has 3 court cases on record: 2 filed by Veldis Sales, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (ITR) | Filed by the company against The Commissioner of Income Tax, Bombay City | Disposed |
| High Court of Madhya Pradesh | Court case (COMP) | Filed against the company by Swastik Sales Corporation Ganjipura | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Veldis Sales 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veldis Sales Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Veldis Sales Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veldis Sales Limited has 11 board changes on record since 2018: 4 appointments and 7 cessations. The latest: Bhupendra Ramniklal Pandya ceased to be Director on 03 Sep 2025.
7 earlier events are in the company report.
Frequently asked questions
Veldis Sales is an active public limited company based in Mumbai, Maharashtra, India. The company works in security and surveillance, within the business services industry. It was incorporated on 17 October 1973 (53+ years old) and is registered under CIN U51900MH1973PLC016936.
Veldis Sales has 3 current directors:
- Deepak Jethalal Desai - Additional Director
- Dipti Jitendra Vajani - Director
- Vaishaliben Niravkumar Patel - Additional Director
The latest financial statements of Veldis Sales 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 CIN (Corporate Identification Number) of Veldis Sales is U51900MH1973PLC016936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veldis Sales has 3 court cases on record: 2 filed by the company and 1 filed against it.
Veldis Sales was incorporated on 17 October 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhupendra Ramniklal Pandya ceased to be Director on 03 Sep 2025. Harsha Ashwinkumar Vyas ceased to be Additional Director on 03 Sep 2025. Vaishaliben Niravkumar Patel was appointed as Additional Director on 03 Sep 2025. Veldis Sales has 11 board changes on record in total.
The registered office of Veldis Sales is at 1107 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
Veldis Sales operates in the business services industry, in the security and surveillance segment.
Veldis Sales has open charges of ₹1.75 Cr and no satisfied charges on record as per latest MCA filings.
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