About Velociity Education Private Limited
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Velociity Education Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 02 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74120TG2015PTC102001. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Soga Vamsi Krishna and Satyakuntala Varaha Radhakrishna Mantripragada.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No.231 Survey No.46/P Guttala Begumpet Sherlingampally Mandal, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.45 Cr. For the same year it recorded a net profit of ₹31.34 Lakh (net margin 2%) and EBITDA of ₹1.42 Cr (EBITDA margin 9.2%).
As per MCA filings, the company has open charges of ₹6 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
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 velociity.co.in.
Company details
Contact details
Velociity Education Private Limited's registered office is in Hyderabad, Telangana. Its website is velociity.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No.231 Survey No.46/P Guttala Begumpet Sherlingampally Mandal, Hyderabad, Telangana, India – 500081
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of Velociity Education Private 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
Financials of Velociity Education Private Limited
FY 2017 filings availableVelociity Education Private Limited reported revenue of ₹15.45 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹15.45 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.42 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹31.34 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 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.2% | |
| Net Profit Margin | 2% | |
| 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 Velociity Education Private Limited, buy the company report.
Board of directors of Velociity Education Private Limited
Velociity Education has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Soga Vamsi Krishna | Director | 02 Dec 2015 | 10 Years 11 Months | Current |
| Satyakuntala Varaha Radhakrishna Mantripragada | Director | 02 Dec 2015 | 10 Years 11 Months | Current |
| Yesuadimai Lawrence | Director | 02 Dec 2015 | 10 Years 11 Months | Current |
Auditor
Velociity Education Private Limited is audited by RAO & RAO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO & RAO | FY 2017 | 003100S |
Shareholding
The shareholding of Velociity Education Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Velociity Education Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2017 | 100095440 | Hdfc Bank Limited | ₹6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Velociity Education Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by M/S Jagati Publications Limited., Rep. by Its Mr.Ch.A. V. Prasad, S/O Ch.V.Krishna Murthy | Pending |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by M/S Jagati Publications Limited., Rep. by Its Mr.Ch.A. V. Prasad, S/O Ch.V.Krishna Murthy | Disposed |
To see the full case history of Velociity Education 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 Velociity Education Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velociity Education has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Velociity Education Private Limited, buy the company report.
Recent activity
Velociity Education Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Vennamaneni Srinivasarao ceased to be Director on 03 Apr 2019.
Frequently asked questions
Velociity Education is an active private limited company based in Hyderabad, Telangana, India. The company works in educational support services, within the education and learning industry. It was incorporated on 02 December 2015 (11+ years old) and is registered under CIN U74120TG2015PTC102001.
Velociity Education has 3 current directors:
- Soga Vamsi Krishna - Director
- Satyakuntala Varaha Radhakrishna Mantripragada - Director
- Yesuadimai Lawrence - Director
The latest financial statements of Velociity Education on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from FY 2016 are in the company report.
No. Velociity Education has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Velociity Education is U74120TG2015PTC102001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velociity Education has 2 court cases on record: 2 filed against it. 1 is pending.
Velociity Education was incorporated on 02 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vennamaneni Srinivasarao ceased to be Director on 03 Apr 2019. Anthony Reddy Golamari ceased to be Director on 02 Apr 2018. Mary Sujatha Thumma ceased to be Director on 02 Apr 2018. Velociity Education has 6 board changes on record in total.
Velociity Education can be reached through the website velociity.co.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Velociity Education is at Plot No.231 Survey No.46P Guttala Begumpet Sherlingampally Mandal, Hyderabad, Telangana, India – 500081.
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