Velocity Impex Private Limited
About Velocity Impex Private Limited
Data last updated:
Velocity Impex Private Limited was a private limited company based in Badlapur, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 21 April 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25201MH2006PTC161305. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹14.5 Lakh and a paid-up capital of ₹14.5 Lakh. It was led by directors Priyank Pradeep Agarwal and Rohan Dileep Agarwal.
Its last annual general meeting (AGM) was held on 21 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Flat No. 403 Bldg. No. 2 Om Sai Complex Shirgaon, Badlapur, Maharashtra, India – 421503.
As per the financials filed for FY 2022, the company reported a revenue of ₹98,521. For the same year it recorded a net profit of ₹19,044 (net margin 19.3%) and EBITDA of ₹27,476 (EBITDA margin 27.9%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 11% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Velocity Impex Private Limited's registered office is in Badlapur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 403 Bldg. No. 2 Om Sai Complex Shirgaon, Badlapur, Maharashtra, India – 421503
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Velocity Impex 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
Business activity
The main business activity of Velocity Impex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Velocity Impex Private Limited
FY 2022 filings availableVelocity Impex Private Limited reported revenue of ₹98,521 for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years. EBITDA rose 251% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹27,476 | ||||
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| Net Profit (PAT) | ₹19,044 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 27.9% | ||||
| Net Profit Margin | 19.3% | ||||
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To see the full financial statements and ratios of Velocity Impex Private Limited, buy the company report.
Board of directors of Velocity Impex Private Limited
Velocity Impex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyank Pradeep Agarwal Also directs: Super Bond Adhesives Private Limited | Director | 27 Jul 2010 | 16 Years 2 Months | As last reported |
| Rohan Dileep Agarwal | Director | 27 Jul 2010 | 16 Years 2 Months | As last reported |
Auditor
Velocity Impex Private Limited is audited by INAMDAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| INAMDAR & ASSOCIATES | FY 2018 | 132850W |
Shareholding
The shareholding of Velocity Impex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Velocity Impex Private Limited, buy the company report.
Legal cases
Velocity Impex Private Limited has 1 court case on record: 1 filed by Velocity Impex. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Velocity Impex 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 Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velocity Impex has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Velocity Impex Private Limited, buy the company report.
Recent activity
Velocity Impex Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Bharat Agrawal ceased to be Director on 19 Nov 2013.
Frequently asked questions
Velocity Impex has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Velocity Impex was a private limited company based in Badlapur, Maharashtra, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 21 April 2006 and is registered under CIN U25201MH2006PTC161305. The company has been struck off by the Registrar of Companies and is no longer operational.
Velocity Impex had 2 directors:
- Priyank Pradeep Agarwal - Director
- Rohan Dileep Agarwal - Director
The CIN (Corporate Identification Number) of Velocity Impex is U25201MH2006PTC161305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Velocity Impex is at Flat No. 403 Bldg. No. 2 Om Sai Complex Shirgaon, Badlapur, Maharashtra, India – 421503.
Velocity Impex was incorporated on 21 April 2006. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Velocity Impex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 21 June 2022. Year-wise statements from 2015 are in the company report.
No. Velocity Impex has 2 GST registrations on record and all of them are cancelled or inactive.
Velocity Impex operated in the chemicals and materials industry, in the chemical distribution and retail segment. It worked in this industry before it was struck off.
Velocity Impex has 1 court case on record: 1 filed by the company.