Velocity Yarns Private Limited
About Velocity Yarns Private Limited
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Velocity Yarns Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17111WB1994PTC064604. Its GSTIN is 19AAACT9701C1ZI (West Bengal).
The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.43 Cr. It was formerly known as Texrose Yarns Pvt Ltd. It is led by directors Goverdhan Das Bagri and Amit Bagri.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.54 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹15.73 Lakh (net margin 2.1%) and EBITDA of ₹79.24 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹31.92 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Velocity Yarns Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No P – 35 India Exchange Place 3rd Floor, Room No.303A (Opposite Tea Board Indian Overseas Bank Building Near Radha Bazar More), Kolkata, West Bengal, India – 700001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Velocity Yarns 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 Yarns is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Velocity Yarns Private Limited, buy the company report.
Financials of Velocity Yarns Private Limited
FY 2025 filings availableVelocity Yarns Private Limited reported revenue of ₹7.54 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 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 |
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| EBITDA | ₹79.24 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹15.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Velocity Yarns Private Limited, buy the company report.
Board of directors of Velocity Yarns Private Limited
Velocity Yarns has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Goverdhan Das Bagri Also directs: Sambhav Vincom LLP, DCH Industries & Exports Private Limited, Elhard Marketing Limited and 2 more | Director | 05 Jul 2023 | 3 Years 4 Months | Current |
| Amit Bagri Also directs: Elhard Marketing Limited, Akash Goods & Services Private Limited, Elhard Leasing & Finance Pvt Ltd and 2 more | Director | 02 May 2009 | 17 Years 6 Months | Current |
Peer comparison
Velocity Yarns Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| The Indian Textiles Co. Private Limited | ₹7.56 Cr (FY 2025) | 5.0% | Varanasi, Uttar Pradesh, India | |||
| Zeliant Exim Private Limited | ₹7.55 Cr (FY 2019) | Mumbai, Maharashtra, India | ||||
| Enterprise International Ltd | ₹7.55 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Velocity Yarns Private Limitedthis company | ₹7.54 Cr (FY 2025) | ₹15.73 Lakh | 2.1% | -3.0% | Kolkata, West Bengal, India | |
| Urbi Enterprises Private Limited | ₹7.52 Cr (FY 2024) | 9.0% | Howrah, West Bengal, India | |||
| Picadilly Properties Private Limited | ₹7.48 Cr (FY 2024) | -50.0% | New Delhi, Delhi, India |
To see the full peer comparison of Velocity Yarns Private Limited, buy the company report.
Auditor
Velocity Yarns Private Limited is audited by AGARWAL GUPTA NOKARI & RUSTAGI ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL GUPTA NOKARI & RUSTAGI ASSOCIATES | FY 2023 | 310041E |
Shareholding
The shareholding of Velocity Yarns 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 Yarns Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101139914 | Yes Bank Limited | ₹14 Cr | Open | |
| 21 Aug 2018 | 100198618 | State Bank of India | ₹17.5 Cr | Satisfied | |
| 29 Jul 2016 | 100051860 | Others | ₹4.5 Cr | Satisfied | |
| 21 Jul 2006 | 80058171 | State Bank of India | ₹4.67 Cr | Satisfied | |
| 20 Jul 2006 | 80058263 | State Bank of India | ₹4.67 Cr | Satisfied |
To see the full charge records of Velocity Yarns Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Velocity Yarns Private Limited has 3 court cases on record: 2 filed by Velocity Yarns, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
| High Court | Company petition | Filed by the company against Vinod Chandak, Erstwhile Partner of Spinchem Corporation | Disposed |
| High Court | Company petition | Filed by the company against an individual | Disposed |
To see the full case history of Velocity Yarns 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 Yarns Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velocity Yarns has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACT9701C1ZI | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velocity Yarns Private Limited, buy the company report.
Recent activity
Velocity Yarns Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Goverdhan Das Bagri ceased to be Additional Director on 30 Aug 2023.
12 earlier events are in the company report.
Frequently asked questions
Velocity Yarns is an active private limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 August 1994 (32+ years old) and is registered under CIN U17111WB1994PTC064604.
Velocity Yarns has 2 current directors:
- Goverdhan Das Bagri - Director
- Amit Bagri - Director
The latest financial statements of Velocity Yarns on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Velocity Yarns is 19AAACT9701C1ZI, registered in West Bengal.
The CIN (Corporate Identification Number) of Velocity Yarns is U17111WB1994PTC064604. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velocity Yarns has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Velocity Yarns was incorporated on 19 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Velocity Yarns by revenue are The Indian Textiles Co. Private Limited, Zeliant Exim Private Limited, Enterprise International Ltd, Urbi Enterprises Private Limited, Picadilly Properties Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Goverdhan Das Bagri ceased to be Additional Director on 30 Aug 2023. Goverdhan Das Bagri was appointed as Director on 05 Jul 2023. Kishan Kumar Bagri ceased to be Director on 05 Jul 2023. Velocity Yarns has 6 board changes on record in total.
The registered office of Velocity Yarns is at Room No P – 35 India Exchange Place 3rd Floor, Room No.303A Opposite Tea Board Indian Overseas Bank Building Near Radha Bazar More, Kolkata, West Bengal, India – 700001.
Velocity Yarns operates in the manufacturing industry, in the textile and fabric production segment.
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