Velox Corporate Services Private Limited
About Velox Corporate Services Private Limited
Data last updated:
Velox Corporate Services Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 21 December 2011.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74140TG2011PTC078115. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ramineni Drakshayani and Vani Ramineni.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.85 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.6 Lakh (net margin 9%) and EBITDA of ₹2.14 Lakh (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
Company details
CIN history
Velox Corporate Services has one previous CIN (Corporate Identification Number): U74140AP2011PTC078115. The current CIN is U74140TG2011PTC078115, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140TG2011PTC078115 | Current |
| U74140AP2011PTC078115 | Previous |
Contact details
Velox Corporate Services Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressLeeway Survey No 6 Mr Prime 2/91/20 Bp Raju Marg Laxmi Cyber City Whitefield, S Kondapur, Hyderabad, Telangana, India – 500081
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Velox Corporate Services 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 Velox Corporate Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Velox Corporate Services Private Limited, buy the company report.
Financials of Velox Corporate Services Private Limited
FY 2022 filings availableVelox Corporate Services Private Limited reported revenue of ₹17.85 Lakh (up 174% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 174% growth in the latest year. EBITDA rose 140% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹2.14 Lakh | ||||
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| Net Profit (PAT) | ₹1.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 9% | ||||
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To see the full financial statements and ratios of Velox Corporate Services Private Limited, buy the company report.
Board of directors of Velox Corporate Services Private Limited
Velox Corporate Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramineni Drakshayani Also directs: Nexrapid Advisory Services LLP, Velox Corporate Services LLP | Director | 21 Dec 2011 | 14 Years 10 Months | As last reported |
| Vani Ramineni Also directs: Nexrapid Advisory Services LLP, Velox Corporate Services LLP | Director | 21 Dec 2011 | 14 Years 10 Months | As last reported |
Auditor
Velox Corporate Services Private Limited is audited by SSGRP & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSGRP & Associates | FY 2017 | 012571S |
Shareholding
The shareholding of Velox Corporate Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Velox Corporate Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Velox Corporate Services 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 Velox Corporate Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velox Corporate Services 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 Velox Corporate Services Private Limited, buy the company report.
Recent activity
Velox Corporate Services Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Murali Krishna Gottipati ceased to be Director on 22 Nov 2018.
Frequently asked questions
Velox Corporate Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Velox Corporate Services was a private limited company based in Hyderabad, Telangana, India. The company worked in consumer professional services, within the travel and hospitality industry. It was incorporated on 21 December 2011 and is registered under CIN U74140TG2011PTC078115. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Velox Corporate Services is U74140TG2011PTC078115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velox Corporate Services had 2 directors:
- Ramineni Drakshayani - Director
- Vani Ramineni - Director
Velox Corporate Services was incorporated on 21 December 2011. It is registered with the Registrar of Companies, Hyderabad.
The registered office of Velox Corporate Services is at Leeway Survey No 6 Mr Prime 29120 Bp Raju Marg Laxmi Cyber City Whitefield, S Kondapur, Hyderabad, Telangana, India – 500081.
The latest financial statements of Velox Corporate Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Velox Corporate Services has 1 GST registration on record and it is cancelled or inactive.
Velox Corporate Services operated in the travel and hospitality industry, in the consumer professional services segment.
Murali Krishna Gottipati ceased to be Director on 22 Nov 2018. Sannareddy Suresh Babu ceased to be Director on 22 Nov 2018. Ramineni Drakshayani was appointed as Director on 21 Dec 2011. Velox Corporate Services has 4 board changes on record in total.
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