Velocity Express Private Limited

Velocity Express Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U64120MH2003PTC141696 Incorporated 11 August 2003 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company transport and logistics
Data last updated
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹3.07 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2020
Balance sheet date
Last AGM
31 Dec 2020
Annual general meeting

About Velocity Express Private Limited

Data last updated:

Velocity Express Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 11 August 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64120MH2003PTC141696. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Yogesh Himatlal Patel and Srinivas Sobanam.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 501 Hilton Centre 5th Floor Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.

As per MCA filings, the company has open charges of ₹3.07 Cr on record.

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 velex.in.

Company details

CIN U64120MH2003PTC141696
Registration Number 141696
Incorporation Date 11 August 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Non-Compliant

Contact details

Velocity Express Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is velex.in. Its e-mail address is in the company report.

  • Email
  • Website
  • Registered Address
    501 Hilton Centre 5th Floor Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
  • Industry
    Transport and Logistics, Express Logistics

To see the full contact details of Velocity Express Private Limited, buy the company report.

Comprehensive company report
Velocity Express 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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Financials of Velocity Express Private Limited

FY 2020 filings available

Financial Statement Summary

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin
Net Profit Margin
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 Velocity Express Private Limited, buy the company report.

Board of directors of Velocity Express Private Limited

Velocity Express has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yogesh Himatlal PatelDirector11 Aug 200323 Years 2 MonthsCurrent
Srinivas SobanamDirector16 Aug 200521 Years 2 MonthsCurrent
Predeep Bhaskaran KumarAdditional Director10 Apr 20188 Years 6 MonthsCurrent

Auditor

Velocity Express Private Limited is audited by D.N.KAPADIA & CO. for the financial year 2020.

Auditor firmFinancial yearFirm registration number
D.N.KAPADIA & CO.FY 2020116892W

Shareholding

The shareholding of Velocity Express Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Velocity Express Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of Baroda₹3.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Mar 201010214357Bank of Baroda₹2.32 CrOpen
11 Oct 200580053625Bank of Baroda₹20 LakhOpen
11 Oct 200590349369Bank of Baroda₹55 LakhOpen

To see the full charge records of Velocity Express Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Velocity Express Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Velocity Express Private Limited has 1 active EPFO establishment as of Apr 07, 2024.

Active EPFO establishments
1

GST

Velocity Express has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Velocity Express Private Limited, buy the company report.

Recent activity

Velocity Express Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Predeep Bhaskaran Kumar was appointed as Additional Director on 10 Apr 2018.

AGM
Velocity Express Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Velocity Express Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai Ii.
Appointed
Predeep Bhaskaran Kumar was appointed as Additional Director.
Ceased
Kumar Vishwanathan Mandakolathur ceased to be Director.
Ceased
Mariappan Tamil Rajan ceased to be Director.
Charges
A charge with Bank Of Baroda of Rs. 232.16 Lakh registered on 25 Mar 2010 with Charge ID 10214357 was modified on 09 Sep 2011.
Charges
A charge with Bank Of Baroda amounted to Rs. 232.16 Lakh with Charge ID 10214357 was registered on 25 Mar 2010.
Charges
A charge with Bank Of Baroda of Rs. 20.00 Lakh registered on 11 Oct 2005 with Charge ID 80053625 was modified on 14 Sep 2009.
Charges
A charge with Bank Of Baroda of Rs. 55.00 Lakh registered on 11 Oct 2005 with Charge ID 90349369 was modified on 14 Sep 2009.
Charges
A charge with Bank Of Baroda amounted to Rs. 20.00 Lakh with Charge ID 80053625 was registered on 11 Oct 2005.
Charges
A charge with Bank Of Baroda amounted to Rs. 55.00 Lakh with Charge ID 90349369 was registered on 11 Oct 2005.
Appointed
Srinivas Sobanam was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Velocity Express is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 11 August 2003 (23+ years old) and is registered under CIN U64120MH2003PTC141696.

Velocity Express has 3 current directors:

The latest financial statements of Velocity Express on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.

No. Velocity Express has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Velocity Express is U64120MH2003PTC141696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Velocity Express was incorporated on 11 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Predeep Bhaskaran Kumar was appointed as Additional Director on 10 Apr 2018. Kumar Vishwanathan Mandakolathur ceased to be Director on 09 Apr 2018. Mariappan Tamil Rajan ceased to be Director on 09 Apr 2018. Velocity Express has 5 board changes on record in total.

Velocity Express can be reached through the website velex.in. Its registered office is in Navi Mumbai, Maharashtra, India.

The registered office of Velocity Express is at 501 Hilton Centre 5th Floor Sector – 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.

Velocity Express operates in the transport and logistics industry, in the express logistics segment.