About Velocity Freight Private Limited
Data last updated:
Velocity Freight Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 11 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2016PTC111352. Its GSTIN is 33AAFCV5270R2ZP (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ramprakash Sadasivam and Latha Cheenikal Achudan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 13 32nd Street Extension Thillai Ganga Nagar Nanganallur, Chennai, Tamil Nadu, India – 600061.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.77 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹11.66 Lakh (net margin 0.9%) and EBITDA of ₹37.59 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 14% over five years.
The company is associated with 1 brand: Velocity Freight. As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velocityfreight.in.
Company details
Contact details
Velocity Freight Private Limited's registered office is in Chennai, Tamil Nadu. Its website is velocityfreight.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 13 32nd Street Extension Thillai Ganga Nagar Nanganallur, Chennai, Tamil Nadu, India – 600061
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Velocity Freight 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
Brands
Velocity Freight operates one associated brand: Velocity Freight. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Logistics and freight services, including road, air, ocean, and warehousing, are offered in Chennai. | velocityfreight.in |
Business activity
The main business activity of Velocity Freight is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Velocity Freight Private Limited, buy the company report.
Financials of Velocity Freight Private Limited
FY 2025 filings availableVelocity Freight Private Limited reported revenue of ₹12.77 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 44% 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
| 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 | ₹37.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.66 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Freight Private Limited, buy the company report.
Board of directors of Velocity Freight Private Limited
Velocity Freight has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramprakash Sadasivam Also directs: Kalpavriksha Agri Ventures Private Limited, SSTN Mines Private Limited, RMK Sands Private Limited and 4 more | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Latha Cheenikal Achudan | Director | 11 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Velocity Freight Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pentagon Lines Private Limited | ₹12.8 Cr (FY 2025) | 58.0% | Mumbai, Maharashtra, India | |||
| Velocity Freight Private Limitedthis company | ₹12.77 Cr (FY 2024) | ₹11.66 Lakh | 0.9% | -14.0% | Chennai, Tamil Nadu, India | |
| Kamal Shipping Services Private Limited | ₹12.77 Cr (FY 2024) | 26.0% | Secunderabad, Telangana, India | |||
| Mahalaxmi Shipping Private Limited | ₹12.75 Cr (FY 2025) | -8.0% | Pune, Maharashtra, India |
To see the full peer comparison of Velocity Freight Private Limited, buy the company report.
Auditor
Velocity Freight Private Limited is audited by SARAVANAN M & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARAVANAN M & CO | FY 2022 | 013864S |
Shareholding
The shareholding of Velocity Freight Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velocity Freight Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2024 | 100991971 | Yes Bank Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Velocity Freight Private Limited has 1 court case on record: 1 filed by Velocity Freight. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed by the company against Mehul Uday Nanavati(Md), M/S. Raj Petro Specialities Pvt., Ltd., and 3 others | Pending |
To see the full case history of Velocity Freight 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 Velocity Freight Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velocity Freight has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCV5270R2ZP | Tamil Nadu | Active | 11 Aug 2017 |
To see the full GST registrations and return filing status of Velocity Freight Private Limited, buy the company report.
Recent activity
Velocity Freight Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Krishnamoorthy Anbu ceased to be Director on 07 Sep 2017.
Frequently asked questions
Velocity Freight is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 11 July 2016 (10+ years old) and is registered under CIN U74999TN2016PTC111352.
Velocity Freight has 2 current directors:
- Ramprakash Sadasivam - Director
- Latha Cheenikal Achudan - Director
The latest financial statements of Velocity Freight on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Velocity Freight is 33AAFCV5270R2ZP, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Velocity Freight is U74999TN2016PTC111352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velocity Freight has 1 court case on record: 1 filed by the company. 1 is pending.
Velocity Freight was incorporated on 11 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Velocity Freight by revenue are Pentagon Lines Private Limited, Kamal Shipping Services Private Limited, Mahalaxmi Shipping Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Krishnamoorthy Anbu ceased to be Director on 07 Sep 2017. Ramprakash Sadasivam was appointed as Director on 01 Mar 2017. Latha Cheenikal Achudan was appointed as Director on 11 Jul 2016.
Velocity Freight can be reached through the website velocityfreight.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Velocity Freight is at No. 13 32nd Street Extension Thillai Ganga Nagar Nanganallur, Chennai, Tamil Nadu, India – 600061.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
