MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-26-0112316
Velement Information Technologies Private Limited
Velement Information Technologies Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹41.02 Lakh
▲ 1334% YoY
Net profit · FY 2019
₹1.54 Lakh
Net margin 3.8%
EBITDA · FY 2019
₹2.4 Lakh
EBITDA margin 5.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Velement Information Technologies Private Limited
Data last updated:
Velement Information Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 17 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2017PTC172079. Its GSTIN is 27AAGCV0574K1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manoj Savanta Karde and Sonal Manoj Karde.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No. A/901 Orvi S No 33/2 Balewadi, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2019, the company reported a revenue of ₹41.02 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.54 Lakh (net margin 3.8%) and EBITDA of ₹2.4 Lakh (EBITDA margin 5.8%).
Velement Information Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0112316). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72200PN2017PTC172079
Registration Number 172079
Incorporation Date 17 August 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0112316
Recognitions & Rankings of Velement Information Technologies
Contact details
Velement Information Technologies Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. A/901 Orvi S No 33/2 Balewadi, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Velement Information Technologies Private Limited, buy the company report.
Comprehensive company report
Velement Information Technologies 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 Velement Information Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Velement Information Technologies Private Limited, buy the company report.
Financials of Velement Information Technologies Private Limited
FY 2019 filings availableVelement Information Technologies Private Limited reported revenue of ₹41.02 Lakh (up 1334% YoY) for FY 2019.
Revenue · FY 2019
₹41.02 Lakh ▲ 1334%
Net profit · FY 2019
₹1.54 Lakh margin 3.8%
EBITDA · FY 2019
₹2.4 Lakh margin 5.8%
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹41.02 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.4 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.54 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.8% | |
| Net Profit Margin | 3.8% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Velement Information Technologies Private Limited, buy the company report.
Board of directors of Velement Information Technologies Private Limited
Velement Information Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Savanta Karde Also directs: Seenit Solutions Private Limited, Humb Trading India Private Limited, Humb Global Healthtech India Private Limited and 2 more | Director | 12 Dec 2018 | 7 Years 10 Months | Current |
| Sonal Manoj Karde | Director | 12 Dec 2018 | 7 Years 10 Months | Current |
| Shekhar Shriram Potnis | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Velement Information Technologies Private Limited is audited by RAJNI PRAJAPATI & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJNI PRAJAPATI & COMPANY | FY 2019 | 139266W |
Shareholding
The shareholding of Velement Information Technologies Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Velement Information Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Velement Information Technologies 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
No delayed payments to MSME suppliers are on our record for Velement Information Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velement Information Technologies Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Velement Information Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV0574K1ZZ | Maharashtra | Active | 05 Jan 2018 |
To see the full GST registrations and return filing status of Velement Information Technologies Private Limited, buy the company report.
Recent activity
Velement Information Technologies Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Shekhar Shriram Potnis ceased to be Additional Director on 30 Sep 2019.
AGM
Velement Information Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Shekhar Shriram Potnis ceased to be Additional Director.
Appointed
Shekhar Shriram Potnis was appointed as Director.
Filing
Velement Information Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.
Ceased
Asha Ashok Patil ceased to be Director.
Ceased
Deepali Samir Patil ceased to be Director.
Appointed
Manoj Savanta Karde was appointed as Director.
Appointed
Sonal Manoj Karde was appointed as Director.
Incorporation
17 Aug 2017
Velement Information Technologies Private Limited was registered on 17 Aug 2017 with Roc Pune & aged 9 years 2 months as per MCA records.
Frequently asked questions
Velement Information Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 17 August 2017 (9+ years old) and is registered under CIN U72200PN2017PTC172079.
Velement Information Technologies has 3 current directors:
- Manoj Savanta Karde - Director
- Sonal Manoj Karde - Director
- Shekhar Shriram Potnis - Director
The latest financial statements of Velement Information Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Velement Information Technologies is 27AAGCV0574K1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Velement Information Technologies is U72200PN2017PTC172079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velement Information Technologies was incorporated on 17 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Shekhar Shriram Potnis ceased to be Additional Director on 30 Sep 2019. Shekhar Shriram Potnis was appointed as Director on 08 Apr 2019. Asha Ashok Patil ceased to be Director on 15 Dec 2018. Velement Information Technologies has 6 board changes on record in total.
Yes, Velement Information Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0112316).
The registered office of Velement Information Technologies is at Flat No. A901 Orvi S No 332 Balewadi, Pune, Maharashtra, India – 411045.
Velement Information Technologies operates in the information technology industry, in the IT infrastructure management and services segment.