MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-DL-08-0024002
Velmenni Research & Development Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹65.97 Lakh
▼ 38% YoY
Net loss · FY 2023
₹1.16 Cr
Net margin -176.6%
EBITDA · FY 2023
-₹1.14 Cr
EBITDA margin -172.9%
Authorised capital
₹10.5 Lakh
Registered with MCA
Paid-up capital
₹1.05 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
18
Provident fund records
Directors on board
3
As per MCA filings
About Velmenni Research & Development Private Limited
Data last updated:
Velmenni Research & Development Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Velmenni Ou. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2017FTC322390. Its GSTIN is 07AAGCV0608N1Z4 (Delhi).
The company has an authorised share capital of ₹10.5 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors including Deepak Solanki and Sanjay Sharma.
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 Plot No. 2 Shambhu Dayal Marg, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2023, the company reported a revenue of ₹65.97 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Cr (net margin -176.6%) and EBITDA of -₹1.14 Cr (EBITDA margin -172.9%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 3% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Velmenni. Court records list 1 case involving the company, including 1 filed against it.
Velmenni Research & Development Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0024002). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velmenni.com.
Company details
CIN U72900DL2017FTC322390
Registration Number 322390
Incorporation Date 21 August 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Velmenni Ou
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-08-0024002
Key People
Sanjay Sharma Nominee Director Deepak Solanki Director Ujjwal Minocha Additional Director Recognitions & Rankings of Velmenni Research & Development
Contact details
Velmenni Research & Development Private Limited's registered office is in New Delhi, Delhi. Its website is velmenni.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 2 Shambhu Dayal Marg, New Delhi, Delhi, India – 110020
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Velmenni Research & Development Private Limited, buy the company report.
Comprehensive company report
Velmenni Research & Development 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
Velmenni Research & Development operates one associated brand: Velmenni. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data transfer is enabled via visible light using Li-Fi technology. | velmenni.com |
Business activity
The main business activity of Velmenni Research & Development is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Velmenni Research & Development Private Limited, buy the company report.
Financials of Velmenni Research & Development Private Limited
FY 2024 filings availableVelmenni Research & Development Private Limited reported revenue of ₹65.97 Lakh (down 38% YoY) for FY 2023.
Revenue · FY 2023
₹65.97 Lakh ▼ 38%
Net loss · FY 2023
₹1.16 Cr margin -176.6%
EBITDA · FY 2023
-₹1.14 Cr margin -172.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 37%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 181%
5 years · compounded
▼ 53%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 38% fall in the latest year. EBITDA fell 90% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.14 Cr | ||||
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| Net Profit (PAT) | -₹1.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -172.9% | ||||
| Net Profit Margin | -176.6% | ||||
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To see the full financial statements and ratios of Velmenni Research & Development Private Limited, buy the company report.
Board of directors of Velmenni Research & Development Private Limited
Velmenni Research & Development 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 |
|---|---|---|---|---|
| Sanjay Sharma | Nominee Director | 01 Jun 2022 | 4 Years 4 Months | Current |
| Deepak Solanki | Director | 21 Aug 2017 | 9 Years 2 Months | Current |
| Ujjwal Minocha Also directs: Gpa Sports Matrix LLP, Kirankari Private Limited, Dighent Hospitality Private Limited and 1 more | Additional Director | 20 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Velmenni Research & Development Private Limited is audited by P BABBAR AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P BABBAR AND CO | FY 2021 | 030410N |
Shareholding
The shareholding of Velmenni Research & Development Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Velmenni Research & Development Private Limited, buy the company report.
Legal cases
Velmenni Research & Development Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Shyam Spectra Pvt Ltd | Disposed |
To see the full case history of Velmenni Research & Development 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velmenni Research & Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velmenni Research & Development Private Limited has a workforce of 18 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
38.46%
GST
Velmenni Research & Development has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCV0608N1Z4 | Delhi | Active | 24 Oct 2017 |
To see the full GST registrations and return filing status of Velmenni Research & Development Private Limited, buy the company report.
Recent activity
Velmenni Research & Development Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Sanjay Sharma was appointed as Nominee Director on 01 Jun 2022.
AGM
Velmenni Research & Development Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Velmenni Research & Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Sanjay Sharma was appointed as Nominee Director.
Ceased
Bhavesh Ghanshyam Amin ceased to be Director.
Appointed
Ujjwal Minocha was appointed as Additional Director.
Ceased
Javar Singh Solanki ceased to be Director.
Ceased
Tanveer Dewan ceased to be Additional Director.
Appointed
Deepak Solanki was appointed as Director.
Incorporation
21 Aug 2017
Velmenni Research & Development Private Limited was registered on 21 Aug 2017 with Roc Delhi & aged 9 years 2 months as per MCA records.
News
Frequently asked questions
Velmenni Research & Development is an active foreign private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 August 2017 (9+ years old) and is registered under CIN U72900DL2017FTC322390.
Velmenni Research & Development has 3 current directors:
- Sanjay Sharma - Nominee Director
- Deepak Solanki - Director
- Ujjwal Minocha - Additional Director
The latest financial statements of Velmenni Research & Development 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 2018 are in the company report.
The GSTIN of Velmenni Research & Development is 07AAGCV0608N1Z4, registered in Delhi.
The CIN (Corporate Identification Number) of Velmenni Research & Development is U72900DL2017FTC322390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velmenni Research & Development has 1 court case on record: 1 filed against it.
Velmenni Research & Development was incorporated on 21 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Sanjay Sharma was appointed as Nominee Director on 01 Jun 2022. Bhavesh Ghanshyam Amin ceased to be Director on 03 Mar 2022. Ujjwal Minocha was appointed as Additional Director on 20 Oct 2021. Velmenni Research & Development has 6 board changes on record in total.
Yes, Velmenni Research & Development is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-08-0024002).
Velmenni Research & Development can be reached through the website velmenni.com. Its registered office is in New Delhi, Delhi, India.