MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0012527
Velocity Global Logistics Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹151.34 Cr
▲ 69% YoY
Net profit · FY 2025
₹4.51 Cr
Net margin 3%
EBITDA · FY 2025
₹7.87 Cr
EBITDA margin 5.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
About Velocity Global Logistics Private Limited
Data last updated:
Velocity Global Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 18 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2012PTC229849. Its GSTIN is 27AAECV0114H1ZO (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Priyesh Pravin Nagda and Pragnesh Manilal Furia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹151.34 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹4.51 Cr (net margin 3%) and EBITDA of ₹7.87 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over five years.
The company is associated with 1 brand: Velocity Global Logistics. As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Velocity Global Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0012527). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velocitygl.com.
Company details
CIN U63090MH2012PTC229849
Registration Number 229849
Incorporation Date 18 April 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0012527
Key People
Priyesh Pravin Nagda Director Pragnesh Manilal Furia Director Sachit Chandrakant Dedhia Director Recognitions & Rankings of Velocity Global Logistics
Contact details
Velocity Global Logistics Private Limited's registered office is in Mumbai, Maharashtra. Its website is velocitygl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address17th Floor 1701 Meraki Arena, Sion Trombay Road Opp R K Studio Chembur (E), Mumbai, Maharashtra, India – 400071
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Velocity Global Logistics Private Limited, buy the company report.
Comprehensive company report
Velocity Global Logistics 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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Brands
Velocity Global Logistics operates one associated brand: Velocity Global Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Logistics services encompassing freight, custom clearance, and warehousing are offered by Velocity Global Logistics in various global markets. | velocitygl.com |
Business activity
The main business activity of Velocity Global Logistics 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 Global Logistics Private Limited, buy the company report.
Financials of Velocity Global Logistics Private Limited
FY 2024 filings availableVelocity Global Logistics Private Limited reported revenue of ₹151.34 Cr (up 69% YoY) for FY 2025.
Revenue · FY 2025
₹151.34 Cr ▲ 69%
Net profit · FY 2025
₹4.51 Cr margin 3%
EBITDA · FY 2025
₹7.87 Cr margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 69%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 18%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 69% growth in the latest year. EBITDA rose 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.51 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Global Logistics Private Limited, buy the company report.
Board of directors of Velocity Global Logistics Private Limited
Velocity Global Logistics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyesh Pravin Nagda | Director | 18 Apr 2012 | 14 Years 6 Months | Current |
| Pragnesh Manilal Furia Also directs: Unique Logistic Solutions (India) Private Limited | Director | 01 Aug 2018 | 8 Years 3 Months | Current |
| Sachit Chandrakant Dedhia Also directs: Growtopia Farms LLP, Unique Logistic Solutions (India) Private Limited, Deeyem Marine Services Private Limited and 4 more | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
Peer comparison
Velocity Global Logistics 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 |
|---|---|---|---|---|---|---|
| Emo Trans Logistics India Private Limited | ₹152.62 Cr (FY 2025) | 290.0% | Chennai, Tamil Nadu, India | |||
| Velocity Global Logistics Private Limitedthis company | ₹151.34 Cr (FY 2025) | ₹4.51 Cr | 3% | 69.0% | Mumbai, Maharashtra, India | |
| Eastern Supplychain and Logistics Limited | ₹150.3 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Bilander Logistics Private Limited | ₹150.22 Cr (FY 2025) | 67.0% | New Delhi, Delhi, India |
To see the full peer comparison of Velocity Global Logistics Private Limited, buy the company report.
Auditor
Velocity Global Logistics Private Limited is audited by Jignesh Kansara & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jignesh Kansara & Associates | FY 2021 | 122115W |
Shareholding
The shareholding of Velocity Global Logistics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velocity Global Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2023 | 100773519 | The Hongkong and Shanghai Banking Corporation Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Velocity Global Logistics Private Limited has 1 court case on record: 1 filed by Velocity Global Logistics. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
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, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Qrax Ceramic LLP and 5 others | Pending |
To see the full case history of Velocity Global Logistics 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 Global Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velocity Global Logistics has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV0114H1ZO | Maharashtra | Active | 01 Jul 2017 |
| 29AAECV0114H1ZK | Karnataka | Active | 10 Jan 2025 |
To see the full GST registrations and return filing status of Velocity Global Logistics Private Limited, buy the company report.
Recent activity
Velocity Global Logistics Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Sachit Chandrakant Dedhia was appointed as Director on 01 Dec 2021.
AGM
Velocity Global Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Velocity Global Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 200.00 Lakh with Charge ID 100773519 was registered on 12 May 2023.
Appointed
Sachit Chandrakant Dedhia was appointed as Director.
Ceased
Sachit Chandrakant Dedhia ceased to be Director.
Appointed
Pragnesh Manilal Furia was appointed as Director.
Appointed
Priyesh Pravin Nagda was appointed as Director.
Incorporation
18 Apr 2012
Velocity Global Logistics Private Limited was registered on 18 Apr 2012 with Roc Mumbai & aged 14 years 6 months as per MCA records.
Frequently asked questions
Velocity Global Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 18 April 2012 (14+ years old) and is registered under CIN U63090MH2012PTC229849.
Velocity Global Logistics has 3 current directors:
- Priyesh Pravin Nagda - Director
- Pragnesh Manilal Furia - Director
- Sachit Chandrakant Dedhia - Director
The latest financial statements of Velocity Global Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Velocity Global Logistics is 27AAECV0114H1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECV0114H1ZK (Karnataka).
The CIN (Corporate Identification Number) of Velocity Global Logistics is U63090MH2012PTC229849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velocity Global Logistics has 1 court case on record: 1 filed by the company. 1 is pending.
Velocity Global Logistics was incorporated on 18 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Velocity Global Logistics by revenue are Emo Trans Logistics India Private Limited, Eastern Supplychain and Logistics Limited, Bilander Logistics Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Sachit Chandrakant Dedhia was appointed as Director on 01 Dec 2021. Sachit Chandrakant Dedhia ceased to be Director on 08 Jun 2019. Pragnesh Manilal Furia was appointed as Director on 01 Aug 2018. Velocity Global Logistics has 4 board changes on record in total.
Yes, Velocity Global Logistics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0012527).
Velocity Global Logistics can be reached through the website velocitygl.com. Its registered office is in Mumbai, Maharashtra, India.
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