Velocity Knits Private Limited - Company Profile

It is a manufacturing private limited company based in Chennai, Tamil Nadu, India, established in 2005.
2005 Chennai, Tamil Nadu, India Amalgamated
Last Updated:
Access Report
About Velocity Knits Private Limited

Velocity Knits Private Limited, a amalgamated private limited company, was established on 28 February 2005 in Chennai, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17301TN2005PTC055509. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹8.10 M and a paid-up capital of ₹4.45 M.

It upholds a compliant status. Employing 32 professional, Its leadership includes Sundaravadivelu (Additional Director), Roop Kumar (Director), Niranjini Roopkumar (Director). Past directors included Ranjini. It holds no open charges and ₹8.03 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 373 To 376, 1St Cross Street Nehru Nagar 2Nd Main Road, Kottivakkam,, Chennai, Tamil Nadu, 600041.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17301TN2005PTC055509

  • Registration Number

    055509

  • Incorporation Date

    28 February 2005

  • Authorized Capital

    ₹8.10 M

  • Paid-Up Capital

    ₹4.45 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 8.10 M
  • Paid Up Capital ₹ 4.45 M
  • Company Age 21 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.03 Cr
  • Revenue Growth **** -68.01%
  • Profit Growth **** -319.38%
  • Ebitda **** -84.40%
  • Net Worth -16.95%
  • Total Assets -9.65%
Company report

Velocity Knits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Velocity Knits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Velocity Knits Private Limited?
Current Directors
Name Designation Appointment Date Status
Sundaravadivelu Additional Director 21 Feb 2025 Current
Roop Kumar Director 30 Sep 2014 Current
Niranjini Roopkumar Director 28 Feb 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 May 2019 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Velocity Knits.

Velocity Knits Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 68.01% decrease. The company also saw a substantial fall in profitability, with a 319.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.95%.

Velocity Knits revenue growth over time
Velocity Knits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -68.01%
*******
*******
*******
*******
Revenue from Operations
*******
 -68.00%
*******
*******
*******
*******
Total Assets
*******
 -9.65%
*******
*******
*******
*******
Profit or Loss
*******
 -319.38%
*******
*******
*******
*******
Net Worth
*******
 -16.95%
*******
*******
*******
*******
EBITDA
*******
 -84.40%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Velocity Knits?

Unlock access to Velocity Knits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹80,313,000.00

Charges Breakdown by Lending Institutions
  • Ing Vysya Bank Limited : 8.03 Cr
Latest Charge Details
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

Explore comprehensive loan charge details -

How Many Employees Work at Velocity Knits?

Velocity Knits has a workforce of 32 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velocity Knits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Velocity Knits's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Velocity Knits
Recent Activity within the Organization
  • Director Appointment

    Progress on Sundaravadivelu was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2025 & has been associated with this company since 1 year 8 days . was documented.

  • Annual General Meeting

    Progress on Velocity Knits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Velocity Knits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    The activity Roop Kumar was appointed as a Director was appointed as a Director on 30 Sep 2014 & has been associated with this company since 11 years 5 months . was completed.

  • Charges

    Progress on A charge registered on 16 Jul 2009 via Charge ID 10173649 with Ing Vysya Bank Limited was fully satisfied on 07 Jun 2011. was documented.

  • Charges

    Progress on A charge registered on 26 Apr 2005 via Charge ID 90288132 with Ing Vysya Bank Limited was fully satisfied on 07 Jun 2011. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Velocity Knits Private Limited?

The CIN of Velocity Knits Private Limited is U17301TN2005PTC055509.

Where is Velocity Knits Private Limited headquartered?

Velocity Knits Private Limited is headquartered at 373 To 376, 1St Cross Street Nehru Nagar 2Nd Main Road, Kottivakkam,, Chennai, Tamil Nadu, 600041.

When was Velocity Knits Private Limited incorporated?

Velocity Knits Private Limited was incorporated on 28 February 2005.

Who are the current directors of Velocity Knits Private Limited?

The current directors of Velocity Knits Private Limited are

What is the primary industry of Velocity Knits Private Limited?

The primary industry of Velocity Knits Private Limited is Manufacturing.

Is Velocity Knits Private Limited a listed company?

Velocity Knits Private Limited is unlisted.

What is the capital structure of Velocity Knits Private Limited?

The authorized capital of Velocity Knits Private Limited is ₹8.10 M, and the paid-up capital is ₹4.45 M.

What is the compliance status of Velocity Knits Private Limited?

The compliance status of Velocity Knits Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available