Velmac Industries Private Limited

Velmac Industries Private Limited - engineering in Himatnagar, Gujarat, India. FY 2026 financials & compliance.
CIN U29100GJ2011PTC065811 Incorporated 09 June 2011 ROC Ahmedabad HQ Himatnagar, Gujarat, India
Active Private Limited Company engineering MSME · Micro
Data last updated
Revenue · FY 2024
₹2.62 Cr
▲ 1459% YoY
Net profit · FY 2024
₹20,601
Net margin 0.1%
EBITDA · FY 2024
₹1.45 Lakh
EBITDA margin 0.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹12 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Velmac Industries Private Limited

Data last updated:

Velmac Industries Private Limited is a private limited company based in Himatnagar, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 09 June 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2011PTC065811. Its GSTIN is 24AAFCR3234B1ZY (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rambert Engineering Private Limited. It is led by directors including Jaykumar Mahendrakumar Dodiya and Rekhaben Mahendrakumar Dodiya.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 437/58 Jagubhai Dodia Complex Ground Floor Near Civil Circle, Himatnagar, Gujarat, India – 383001.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.62 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20,601 (net margin 0.1%) and EBITDA of ₹1.45 Lakh (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over five years.

As per MCA filings, the company has open charges of ₹12 Lakh on record.

Velmac Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0001199). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29100GJ2011PTC065811
Registration Number 065811
Incorporation Date 09 June 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-21-0001199

Recognitions & Rankings of Velmac Industries

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-21-0001199

Contact details

Velmac Industries Private Limited's registered office is in Himatnagar, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Survey No. 437/58 Jagubhai Dodia Complex Ground Floor Near Civil Circle, Himatnagar, Gujarat, India – 383001
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of Velmac Industries Private Limited, buy the company report.

Comprehensive company report
Velmac Industries 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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Business activity

The main business activity of Velmac Industries is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Velmac Industries Private Limited, buy the company report.

Financials of Velmac Industries Private Limited

FY 2024 filings available

Velmac Industries Private Limited reported revenue of ₹2.62 Cr (up 1459% YoY) for FY 2024.

Revenue · FY 2024
₹2.62 Cr ▲ 1459%
Net profit · FY 2024
₹20,601 margin 0.1%
EBITDA · FY 2024
₹1.45 Lakh margin 0.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▲ 62%
5 years · compounded
▼ 39%

Revenue has declined at a compounded annual rate (CAGR) of 8% over five years. EBITDA fell 57% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.45 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹20,601
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.6%
Net Profit Margin0.1%
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 Velmac Industries Private Limited, buy the company report.

Board of directors of Velmac Industries Private Limited

Velmac Industries has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Jaykumar Mahendrakumar DodiyaDirector09 Jun 201115 Years 4 MonthsCurrent
Rekhaben Mahendrakumar DodiyaDirector12 Dec 201213 Years 10 MonthsCurrent
Vimal Mahendrabhai DodiyaDirector09 Jun 201115 Years 4 MonthsCurrent

Peer comparison

Velmac Industries Private Limited is compared with the 4 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Surftech Engineering Private Limited₹2.63 Cr (FY 2024)3.0%Chennai, Tamil Nadu, India
Parte Casters Private Limited₹2.62 Cr (FY 2017)-32.0%Satara, Maharashtra, India
Velmac Industries Private Limitedthis company₹2.62 Cr (FY 2024)₹20,6010.1%1459.0%Himatnagar, Gujarat, India
Shree Sai Electro Coating & Polishing Private Limited₹2.62 Cr (FY 2025)30.0%Bhor, Maharashtra, India
Shreedhar Lasercut Private Limited₹2.61 Cr (FY 2024)-3.0%Uganda Society, Nr., Gujarat, India

To see the full peer comparison of Velmac Industries Private Limited, buy the company report.

Auditor

Velmac Industries Private Limited is audited by P P PATEL & BROS for the financial year 2018.

Auditor firmFinancial yearFirm registration number
P P PATEL & BROSFY 2018107743W

Shareholding

The shareholding of Velmac Industries Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Velmac Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Dec 2016100081123Hdfc Bank Limited₹12 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Velmac Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Velmac Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCR3234B1ZYGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Velmac Industries Private Limited, buy the company report.

Recent activity

Velmac Industries Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Rekhaben Mahendrakumar Dodiya was appointed as Director on 12 Dec 2012.

AGM
Velmac Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Velmac Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 100081123 was registered on 30 Dec 2016.
Appointed
Rekhaben Mahendrakumar Dodiya was appointed as Director.
Appointed
Jaykumar Mahendrakumar Dodiya was appointed as Director.
Appointed
Vimal Mahendrabhai Dodiya was appointed as Director.
Incorporation
09 Jun 2011
Velmac Industries Private Limited was registered on 09 Jun 2011 with Roc Ahmedabad & aged 15 years 4 months as per MCA records.

Frequently asked questions

Velmac Industries is an active private limited company based in Himatnagar, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 09 June 2011 (15+ years old) and is registered under CIN U29100GJ2011PTC065811.

Velmac Industries has 3 current directors:

The latest financial statements of Velmac Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Velmac Industries is 24AAFCR3234B1ZY, registered in Gujarat.

The CIN (Corporate Identification Number) of Velmac Industries is U29100GJ2011PTC065811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Velmac Industries was incorporated on 09 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Velmac Industries by revenue are Surftech Engineering Private Limited, Parte Casters Private Limited, Shree Sai Electro Coating & Polishing Private Limited, Shreedhar Lasercut Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).

Rekhaben Mahendrakumar Dodiya was appointed as Director on 12 Dec 2012. Jaykumar Mahendrakumar Dodiya was appointed as Director on 09 Jun 2011. Vimal Mahendrabhai Dodiya was appointed as Director on 09 Jun 2011.

Yes, Velmac Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-21-0001199).

The registered office of Velmac Industries is at Survey No. 43758 Jagubhai Dodia Complex Ground Floor Near Civil Circle, Himatnagar, Gujarat, India – 383001.

Velmac Industries operates in the engineering industry, in the metal foundry and fabrication services segment.