Velocity Express Private Limited - Company Profile

It is a transport and logistics private limited company based in Navi Mumbai, Maharashtra, India, established in 2003.
2003 Navi Mumbai, Maharashtra, India Active
Last Updated:
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About Velocity Express Private Limited

Velocity Express Private Limited, a active private limited company, was established on 11 August 2003 in Navi Mumbai, Maharashtra, India. Engaging in express logistics within the transport and logistics sector, it holds CIN: U64120MH2003PTC141696. Registered under ROC Roc Mumbai Ii. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.00 M.

It upholds a active non-compliant status. Its leadership includes Yogesh Himatlal Patel (Director), Srinivas Sobanam (Director), Predeep Bhaskaran Kumar (Additional Director). Past directors included Kumar Vishwanathan Mandakolathur, Mariappan Tamil Rajan. It holds ₹3.07 Cr open charges and no settled loans. Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at 501, Hilton Centre, 5Th Floor, Sector-11, Cbd Belapur, Navi Mumbai, Maharashtra, 400614.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U64120MH2003PTC141696

  • Registration Number

    141696

  • Incorporation Date

    11 August 2003

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Mumbai Ii

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 22 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 3.07 Cr
Company report

Velocity Express Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Velocity Express Private Limited — 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 Express Private Limited?
Current Directors
Name Designation Appointment Date Status
Yogesh Himatlal Patel Director 11 Aug 2003 Current
Srinivas Sobanam Director 16 Aug 2005 Current
Predeep Bhaskaran Kumar Additional Director 10 Apr 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 09 Apr 2018 Past
Pramod Abcsdd Director 09 Apr 2018 Past

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Financial Performance of Velocity Express.

Velocity Express Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Velocity Express revenue growth over time
Velocity Express profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Velocity Express?

In 2017, Velocity Express had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹30,716,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 3.07 Cr
Latest Charge Details
Date Lender Amount Status
25 Mar 2010 Bank Of Baroda ₹2.32 Cr Open
11 Oct 2005 Bank Of Baroda ₹2.00 M Open
11 Oct 2005 Bank Of Baroda ₹5.50 M Open

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How Many Employees Work at Velocity Express?

Velocity Express has a workforce of 0 employees as of Apr 07, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velocity Express, 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 Express'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.

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Latest Updates, News, and FAQs on Velocity Express
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Velocity Express Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Velocity Express Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai Ii. was documented.

  • Director Appointment

    The activity Predeep Bhaskaran Kumar was appointed as a Additional Director was appointed as a Additional Director on 10 Apr 2018 & has been associated with this company since 7 years 11 months . was completed.

  • Charges

    The activity A charge with Bank Of Baroda of Rs. 23.22 M registered on 25 Mar 2010 with Charge ID 10214357 was modified on 09 Sep 2011. was completed.

  • Charges

    Progress on A charge with Bank Of Baroda amounted to Rs. 23.22 M with Charge ID 10214357 was registered on 25 Mar 2010. was documented.

  • Charges

    The activity A charge with Bank Of Baroda of Rs. 2.00 M registered on 11 Oct 2005 with Charge ID 80053625 was modified on 14 Sep 2009. was completed.

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Frequently Asked Questions
What is the CIN of Velocity Express Private Limited?

The CIN of Velocity Express Private Limited is U64120MH2003PTC141696.

Where is Velocity Express Private Limited headquartered?

Velocity Express Private Limited is headquartered at 501, Hilton Centre, 5Th Floor, Sector-11, Cbd Belapur, Navi Mumbai, Maharashtra, 400614.

When was Velocity Express Private Limited incorporated?

Velocity Express Private Limited was incorporated on 11 August 2003.

Who are the current directors of Velocity Express Private Limited?

The current directors of Velocity Express Private Limited are

What is the primary industry of Velocity Express Private Limited?

The primary industry of Velocity Express Private Limited is Transport And Logistics.

Is Velocity Express Private Limited a listed company?

Velocity Express Private Limited is unlisted.

What is the capital structure of Velocity Express Private Limited?

The authorized capital of Velocity Express Private Limited is ₹2.50 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Velocity Express Private Limited?

The compliance status of Velocity Express Private Limited is Active Non-Compliant.

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