Velocity Mines Private Limited
About Velocity Mines Private Limited
Data last updated:
Velocity Mines Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 05 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U16001TN2006PTC059732.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sharmila Reddy Gudur and Sasidhar Reddy Gudur.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at B 2 Ceebros Tirumala 36 Venkatraman Street T Nagar, Chennai, Tamil Nadu, India – 600017.
Court records list 16 cases involving the company, including 16 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Velocity Mines Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB 2 Ceebros Tirumala 36 Venkatraman Street T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Velocity Mines 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 Mines is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Velocity Mines Private Limited, buy the company report.
Financials of Velocity Mines Private Limited
FY 2021 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Velocity Mines Private Limited, buy the company report.
Board of directors of Velocity Mines Private Limited
Velocity Mines has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharmila Reddy Gudur | Director | 06 Nov 2006 | 20 Years 0 Months | Current |
| Sasidhar Reddy Gudur | Director | 05 May 2006 | 20 Years 6 Months | Current |
| Krishna Reddy Mareddy | Director | 14 Oct 2006 | 20 Years 0 Months | Current |
Auditor
Velocity Mines Private Limited is audited by V.S. REDDY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.S. REDDY & CO | FY 2020 | 206831 |
Shareholding
The shareholding of Velocity Mines Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Velocity Mines Private Limited, buy the company report.
Legal cases
Velocity Mines Private Limited has 16 court cases on record: 16 filed by Velocity Mines. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The State of A.P. Rep. by Its PRL. Secretary, Industries & and 3 others | Disposed |
| High Court | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against The State of A.P., and 3 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of A.P. Rep. by Its PRL. Secretary, Industries & and 3 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of A.P., and 3 others | Disposed |
To see the full case history of Velocity Mines 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 Mines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Velocity Mines Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Velocity Mines Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Krishna Reddy Mareddy ceased to be Director on 03 Dec 2019.
Frequently asked questions
Velocity Mines is an active private limited company based in Chennai, Tamil Nadu, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 05 May 2006 (20+ years old) and is registered under CIN U16001TN2006PTC059732.
Velocity Mines has 3 current directors:
- Sharmila Reddy Gudur - Director
- Sasidhar Reddy Gudur - Director
- Krishna Reddy Mareddy - Director
The latest financial statements of Velocity Mines on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Velocity Mines is U16001TN2006PTC059732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velocity Mines has 16 court cases on record: 16 filed by the company.
Velocity Mines was incorporated on 05 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Krishna Reddy Mareddy ceased to be Director on 03 Dec 2019. Sharmila Reddy Gudur was appointed as Director on 06 Nov 2006. Krishna Reddy Mareddy was appointed as Director on 14 Oct 2006. Velocity Mines has 4 board changes on record in total.
The registered office of Velocity Mines is at B 2 Ceebros Tirumala 36 Venkatraman Street T Nagar, Chennai, Tamil Nadu, India – 600017.
Velocity Mines operates in the metals and minerals industry, in the construction materials retail and distribution segment.
The compliance status of Velocity Mines is compliant as of 26 August 2026. The company is actively filing with the Registrar of Companies.
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