About Velocity Engineers Private Limited
Data last updated:
Velocity Engineers Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 16 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31300DL2004PTC128371. Its GSTIN is 07AABCV9803A1ZL (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vaibhav Mittal and Sonal Mittal.
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 251 Dilshad Garden G T Road Shahdara, Delhi, India – 110095.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.62 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹25.89 Lakh (net margin 1.3%) and EBITDA of ₹1.22 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 22% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.6 Cr and satisfied charges of ₹8.05 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velocityengineers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address251 Dilshad Garden G T Road Shahdara, Delhi, India – 110095
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Velocity Engineers Private Limited
The main business activity of Velocity Engineers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Velocity Engineers Private Limited FY 2024 filings available
Velocity Engineers Private Limited reported revenue of ₹20.62 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Velocity Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 36% growth in the latest year. EBITDA rose 67% 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 of Velocity Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.89 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 of Velocity Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Velocity Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Velocity Engineers Private Limited
Velocity Engineers Private Limited is audited by SHUBHAM AGRAWAL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHUBHAM AGRAWAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Velocity Engineers Private Limited
Velocity Engineers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Mittal Also directs: Velocity Techmach Private Limited | Director | 16 Aug 2004 | 22 Years 1 Months | Current |
| Sonal Mittal Also directs: Velocity Techmach Private Limited | Director | 12 Dec 2012 | 13 Years 9 Months | Current |
Ownership and Shareholding of Velocity Engineers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Velocity Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2024 | Others | ₹7 Cr | Open |
| 21 Feb 2024 | Others | ₹60 Lakh | Open |
| 08 Aug 2022 | Others | ₹5 Cr | Satisfied |
| 24 Oct 2016 | Yes Bank Limited | ₹3.05 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Velocity Engineers Private Limited
Velocity Engineers Private Limited has 2 court cases on record: 2 filed by Velocity Engineers. All cases are disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed by the company against an individual | Disposed |
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed by the company against Minimax Machines India | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Velocity Engineers Private Limited
Velocity Engineers Private Limited has a workforce of 6 employees as of Oct 10, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Velocity Engineers Private Limited
Director changes at Velocity Engineers Private Limited
Velocity Engineers Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Parul Mittal ceased to be Director on 13 Dec 2012.
Credit Ratings, Litigation & Regulatory Alerts for Velocity Engineers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Velocity Engineers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Velocity Engineers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Velocity Engineers Private Limited
Velocity Engineers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCV9803A1ZL | Delhi | Active | 01 Jul 2017 |
| 09AABCV9803A1ZH | Uttar Pradesh | Active | 17 Oct 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Velocity Engineers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Velocity Engineers Private Limited
Velocity Engineers is an active private limited company based in Delhi, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 16 August 2004 (22+ years old) and is registered under CIN U31300DL2004PTC128371.
Velocity Engineers reported revenue of ₹20.62 Cr for FY 2024 (up 36% YoY).
Velocity Engineers has 2 current directors:
- Vaibhav Mittal - Director
- Sonal Mittal - Director
Velocity Engineers reported a net profit of ₹25.89 Lakh (net margin 1.3%) and EBITDA of ₹1.22 Cr (EBITDA margin 5.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Velocity Engineers is 33% over three years and 22% over five years. In the latest year (FY 2024) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Velocity Engineers is 07AABCV9803A1ZL, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AABCV9803A1ZH (Uttar Pradesh).
The CIN (Corporate Identification Number) of Velocity Engineers is U31300DL2004PTC128371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velocity Engineers has 2 court cases on record: 2 filed by the company.
Velocity Engineers was incorporated on 16 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Parul Mittal ceased to be Director on 13 Dec 2012. Ruchi Gupta ceased to be Director on 13 Dec 2012. Sonal Mittal was appointed as Director on 12 Dec 2012. Velocity Engineers has 6 board changes on record in total.