Velocity Minerals Private Limited
About Velocity Minerals Private Limited
Data last updated:
Velocity Minerals Private Limited is a private limited company based in Chittorgarh, Rajasthan, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 12 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14108RJ2010PTC033068. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹21.6 Lakh. It is led by directors Ramesh Chandra Palod and Amit Palod.
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 65 C Kumbha Nagar, Chittorgarh, Rajasthan, India – 312001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.56 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹2.22 Lakh (net margin 86.8%) and EBITDA of ₹2.35 Lakh (EBITDA margin 91.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Velocity Minerals Private Limited's registered office is in Chittorgarh, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address65 C Kumbha Nagar, Chittorgarh, Rajasthan, India – 312001
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Velocity Minerals 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 Minerals is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Velocity Minerals Private Limited, buy the company report.
Financials of Velocity Minerals Private Limited
FY 2025 filings availableVelocity Minerals Private Limited reported revenue of ₹2.56 Lakh (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 46% fall in the latest year. EBITDA fell 49% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.22 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.6% | ||||
| Net Profit Margin | 86.8% | ||||
| 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 Minerals Private Limited, buy the company report.
Board of directors of Velocity Minerals Private Limited
Velocity Minerals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Chandra Palod | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
| Amit Palod Also directs: Prime Sculptor LLP | Director | 12 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Velocity Minerals Private Limited is audited by ASHOK KUMAR SOMANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK KUMAR SOMANI & ASSOCIATES | FY 2023 | 007190C |
Shareholding
The shareholding of Velocity Minerals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velocity Minerals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Velocity Minerals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velocity Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velocity Minerals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Velocity Minerals Private Limited, buy the company report.
Recent activity
Velocity Minerals Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Gopal Swaroop Ojha ceased to be Director on 15 Mar 2022.
Frequently asked questions
Velocity Minerals is an active private limited company based in Chittorgarh, Rajasthan, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 12 October 2010 (16+ years old) and is registered under CIN U14108RJ2010PTC033068.
Velocity Minerals has 2 current directors:
- Ramesh Chandra Palod - Director
- Amit Palod - Director
The latest financial statements of Velocity Minerals 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 2015 are in the company report.
No. Velocity Minerals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Velocity Minerals is U14108RJ2010PTC033068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velocity Minerals was incorporated on 12 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Jaipur.
Gopal Swaroop Ojha ceased to be Director on 15 Mar 2022. Pradeep Jain ceased to be Director on 15 Mar 2022. Ramesh Chandra Palod was appointed as Director on 15 Mar 2022. Velocity Minerals has 7 board changes on record in total.
The registered office of Velocity Minerals is at 65 C Kumbha Nagar, Chittorgarh, Rajasthan, India – 312001.
Velocity Minerals operates in the metals and minerals industry, in the mining and mineral extraction segment.
The compliance status of Velocity Minerals is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.
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.
