About Velocity Tech-Sol India Private Limited
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Velocity Tech-Sol India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Velocity Technology Solutions V Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2007PTC130516. Its GSTIN is 27AACCT7151J1Z4 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.34 Cr. It was formerly known as Ttp Technology India Private Limited. It is led by directors Tejal Mandar Munagekar (Managing Director) and Amit Bhattacharjee.
Its last annual general meeting (AGM) was held on 22 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at West Mundhwa Kharadi Road Amanora Park, Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.44 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹8.06 Cr (net margin -16.3%) and EBITDA of ₹8.3 Cr (EBITDA margin 16.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 285 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Velocity Technology Solutions. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.32 Cr; the latest was in March 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velocitycloud.com.
Company details
Contact details
Velocity Tech-Sol India Private Limited's registered office is in Pune, Maharashtra. Its website is velocitycloud.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAwfis Amanora Mall 2nd Floor Amanora Mall, West Mundhwa Kharadi Road Amanora Park Town, Pune, Maharashtra, India – 411028
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Velocity Tech-Sol India 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
Brands
Velocity Tech-Sol India operates one associated brand: Velocity Technology Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT related services | velocitycloud.com |
Business activity
The main business activity of Velocity Tech-Sol India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Velocity Tech-Sol India Private Limited, buy the company report.
Financials of Velocity Tech-Sol India Private Limited
FY 2025 filings availableVelocity Tech-Sol India Private Limited reported revenue of ₹49.44 Cr (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 35% fall in the latest year. EBITDA fell 25% 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 |
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| EBITDA | ₹8.3 Cr | ||||
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| Net Profit (PAT) | -₹8.06 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | -16.3% | ||||
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To see the full financial statements and ratios of Velocity Tech-Sol India Private Limited, buy the company report.
Board of directors of Velocity Tech-Sol India Private Limited
Velocity Tech-Sol India has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejal Mandar Munagekar | Managing Director | 20 Jan 2021 | 5 Years 9 Months | Current |
| Amit Bhattacharjee | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
Auditor
Velocity Tech-Sol India Private Limited is audited by SURESH V RANADE AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH V RANADE AND CO. | FY 2023 | 133671W |
Shareholding
The shareholding of Velocity Tech-Sol India 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Velocity Tech-Sol India Private Limited, buy the company report.
Deals & funding
Velocity Tech-Sol India Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.32 Cr; the latest was in March 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Velocity Technology Solutions V, Inc. Seller: Titan Technology Partners |
| May 2011 | Funding round | ₹33.4 Lakh | Investors: Titan Technology Partners |
| Nov 2007 | Funding round | ₹99 Lakh | Investors: Titan Technology Partners |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Velocity Tech-Sol India Private Limited has 2 court cases on record: 2 filed by Velocity Tech-Sol India. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed by the company against Assistant Commissioner of Income Tax Circle-13, Pune | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Assistant Commissioner of Income Tax Circle-13 Pune | Disposed |
To see the full case history of Velocity Tech-Sol India 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 Tech-Sol India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velocity Tech-Sol India Private Limited has a workforce of 285 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Velocity Tech-Sol India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT7151J1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velocity Tech-Sol India Private Limited, buy the company report.
Recent activity
Velocity Tech-Sol India Private Limited has 18 board changes on record since 2013: 2 appointments and 16 cessations. The latest: Amit Bhattacharjee ceased to be Additional Director on 15 Sep 2024.
9 earlier events are in the company report.
News
Frequently asked questions
Velocity Tech-Sol India is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 August 2007 (19+ years old) and is registered under CIN U29299PN2007PTC130516.
Velocity Tech-Sol India has 2 current directors:
- Tejal Mandar Munagekar - Managing Director
- Amit Bhattacharjee - Director
The latest financial statements of Velocity Tech-Sol India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Velocity Tech-Sol India is 27AACCT7151J1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Velocity Tech-Sol India is U29299PN2007PTC130516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velocity Tech-Sol India has 2 court cases on record: 2 filed by the company. 1 is pending.
Velocity Tech-Sol India was incorporated on 01 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Velocity Tech-Sol India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.32 Cr; the latest was in March 2015.
Amit Bhattacharjee ceased to be Additional Director on 15 Sep 2024. Amit Bhattacharjee was appointed as Director on 29 Jan 2024. Janina Ann Murphy ceased to be Director on 29 Jan 2024. Velocity Tech-Sol India has 18 board changes on record in total.
Velocity Tech-Sol India can be reached through the website velocitycloud.com. Its registered office is in Pune, Maharashtra, India.