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Velocity Automobiles Pvt Ltd - Company Profile

It is a automotive private limited company based in M.P., Madhya Pradesh, India, established in 1990.

1990 | M.P., Madhya Pradesh, India | Active
Last Updated:

About Velocity Automobiles Pvt Ltd

Velocity Automobiles Pvt Ltd, a active private limited company, was established on 25 July 1990 in M.P., Madhya Pradesh, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U34103MP1990PTC005940. Registered under ROC Roc Gwalior. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

Formerly known as Velocity Automobiles Limited. It upholds a compliant status. Employing 122 professional, Its leadership includes Aishwarya Abhijit Atray (Director), Abhijeet Anantrao Atray (Director). Past directors included Manik Lal Saha, Alka Ananatrao Atray. It holds ₹55.50 Cr open charges and ₹4.40 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sivaji Masrg No-1, Lashkar Gwalior, M.P., Madhya Pradesh.

Company Details

  • CIN/LLPIN

    U34103MP1990PTC005940

  • Registration Number

    005940

  • Incorporation Date

    25 July 1990

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Gwalior

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 55.50 Cr
  • Satisfied Charges ₹ 4.40 Cr
  • Revenue Growth 83.99%
  • Profit Growth 11.27%
  • Ebitda 21.86%
  • Net Worth 10.93%
  • Total Assets 69.96%
Company report

Velocity Automobiles Pvt Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Velocity Automobiles Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Velocity Automobiles Pvt Ltd?

Current Directors

NameDesignationAppointment DateStatus
Aishwarya Abhijit AtrayDirector11 Sep 2008Current
Abhijeet Anantrao AtrayDirector25 Jul 1990Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Sep 2008Past
Pramod AbcsddDirector11 Sep 2008Past

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Financial Performance of Velocity Automobiles.

Velocity Automobiles Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 83.99% increase. The company also saw a substantial improvement in profitability, with a 11.27% increase in profit. The company's net worth Soared by an impressive increase of 10.93%.

Velocity Automobiles revenue growth over time
Velocity Automobiles profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
83.99%
Revenue from Operations
82.88%
Total Assets
69.96%
Profit or Loss
11.27%
Net Worth
10.93%
EBITDA
21.86%

What is the Ownership and Shareholding Structure of Velocity Automobiles?

In 2023, Velocity Automobiles had a promoter holding of 94.75% and a public holding of 5.25%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹555,000,000.00

Satisfied Charges

₹44,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 32.50 Cr
  • State Bank Of India : 18.00 Cr
  • Indian Bank : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2024Others₹17.50 CrOpen
24 Dec 2024Indian Bank₹5.00 CrOpen
22 Nov 2022Others₹15.00 CrOpen
09 Jul 2021State Bank Of India₹18.00 CrOpen
20 Jan 2021Hdfc Bank Limited₹3.00 CrSatisfied

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How Many Employees Work at Velocity Automobiles?

Velocity Automobiles has a workforce of 122 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Velocity Automobiles Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velocity Automobiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Velocity Automobiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Velocity Automobiles

Recent Activity within the Organization

  • Charges

    A charge with Others amounted to Rs. 175.00 M with Charge ID 101032119 was registered on 31 Dec 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Indian Bank amounted to Rs. 50.00 M with Charge ID 101039902 was registered on 24 Dec 2024. was completed.

  • Annual General Meeting

    Velocity Automobiles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of India of Rs. 180.00 M registered on 09 Jul 2021 with Charge ID 100473081 was modified on 31 May 2024. was completed.

  • Balance Sheet

    Velocity Automobiles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 150.00 M registered on 22 Nov 2022 with Charge ID 100652590 was modified on 31 Jul 2023. was completed.

Frequently Asked Questions

  • What is the CIN of Velocity Automobiles Pvt Ltd?

    The CIN of Velocity Automobiles Pvt Ltd is U34103MP1990PTC005940.

  • Where is Velocity Automobiles Pvt Ltd headquartered?

    Velocity Automobiles Pvt Ltd is headquartered at Sivaji Masrg No-1, Lashkar Gwalior, M.P., Madhya Pradesh.

  • When was Velocity Automobiles Pvt Ltd incorporated?

    Velocity Automobiles Pvt Ltd was incorporated on 25 July 1990.

  • Who are the current directors of Velocity Automobiles Pvt Ltd?

    The current directors of Velocity Automobiles Pvt Ltd are

  • What is the primary industry of Velocity Automobiles Pvt Ltd?

    The primary industry of Velocity Automobiles Pvt Ltd is Trade.

  • Is Velocity Automobiles Pvt Ltd a listed company?

    Velocity Automobiles Pvt Ltd is unlisted.

  • What is the capital structure of Velocity Automobiles Pvt Ltd?

    The authorized capital of Velocity Automobiles Pvt Ltd is ₹5.00 M, and the paid-up capital is ₹5.00 M.

  • What is the compliance status of Velocity Automobiles Pvt Ltd?

    The compliance status of Velocity Automobiles Pvt Ltd is Compliant.

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