Velocity Knits Private Limited
About Velocity Knits Private Limited
Data last updated: 06 July 2025
Velocity Knits Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 28 February 2005.
Registered with ROC Chennai under CIN U17301TN2005PTC055509.
Capital: an authorised share capital of ₹81 Lakh and a paid-up capital of ₹44.49 Lakh. It was led by directors including Sundaravadivelu and Roop Kumar.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 373 To 376 1St Cross Street Nehru Nagar 2Nd Main Road Kottivakkam, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.25 Lakh, a decline of 60% compared to the previous year.
The company had a reported workforce of approximately 32 employees prior to being dissolved.
As per MCA filings, the company had satisfied charges of ₹8.03 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity.
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Registered Address373 To 376 1St Cross Street Nehru Nagar 2Nd Main Road Kottivakkam, Chennai, Tamil Nadu, India – 600041
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Velocity Knits Private Limited
Velocity Knits Private Limited is engaged in principal business activities including manufacturing and support service to organizations, with detailed activities including textile, leather and other apparel products, rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details for Velocity Knits Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Velocity Knits Private Limited
Velocity Knits Private Limited is audited by SRI & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRI & CO | Locked | Locked | Locked |
Complete auditor history for Velocity Knits Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Velocity Knits Private Limited
Velocity Knits Private Limited is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundaravadivelu | Additional Director | 21 Feb 2025 | 1 Years 5 Months | As last reported |
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Roop Kumar
Also directs:
Trk Global Private Limited, Knitsburg Private Limited, Kumaravel Packaging Private Limited and 1 more
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Director | 30 Sep 2014 | 11 Years 9 Months | As last reported |
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Niranjini Roopkumar
Also directs:
Knitsburg Private Limited, Kumaravel Packaging Private Limited
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Director | 28 Feb 2005 | 21 Years 5 Months | As last reported |
Financials of Velocity Knits Private Limited FY 2024 filings available
Velocity Knits Private Limited reported revenue of ₹2.25 Lakh (down 60.00% YoY) for FY 2024.
Ten-year financial statements for Velocity Knits Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Velocity Knits Private Limited
Shareholding and ownership data for Velocity Knits Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Velocity Knits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2009 | Ing Vysya Bank Limited | ₹2.71 Cr | Satisfied |
| 26 Apr 2005 | Ing Vysya Bank Limited | ₹5.32 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Velocity Knits Private Limited
Velocity Knits Private Limited has a workforce of 32 employees as of Apr 09, 2024.
Employee and EPFO history for Velocity Knits Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Velocity Knits Private Limited
GST registrations and filing compliance for Velocity Knits Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Velocity Knits Private Limited
Credit ratings, litigation, and regulatory alerts for Velocity Knits Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Velocity Knits Private Limited
MSME payment history for Velocity Knits Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Velocity Knits Private Limited
Corporate group structure for Velocity Knits Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Velocity Knits Private Limited
MCA filings and documents for Velocity Knits Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Velocity Knits Private Limited
Frequently Asked Questions about Velocity Knits Private Limited
Velocity Knits Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Velocity Knits Private Limited is a amalgamated private limited company in the manufacturing sector based in Chennai, Tamil Nadu, India. It was incorporated on 28 February 2005 and is registered under CIN U17301TN2005PTC055509. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Velocity Knits Private Limited was incorporated on 28 February 2005. Registered with ROC Chennai.
The current directors of Velocity Knits Private Limited are:
- Sundaravadivelu - Additional Director
- Roop Kumar - Director
- Niranjini Roopkumar - Director
The CIN (Corporate Identification Number) of Velocity Knits Private Limited is U17301TN2005PTC055509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Velocity Knits Private Limited is manufacturing. The company specifically operates in textile and fabric production.