Velox Labs Private Limited
About Velox Labs Private Limited
Data last updated:
Velox Labs Private Limited is a private limited company based in Allahabad, Uttar Pradesh, India, a subsidiary of Altum Staffing And Marketing Solutions Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 01 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74110UP2017PTC090913. Its GSTIN is 06AAFCV7950C1ZB (Haryana). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amit Dhawan and Mohammed Aamir Ajmal.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16/34 Acharya Narendra Dev Marg, Allahabad, Uttar Pradesh, India – 211002.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.48 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹38.36 Lakh (net margin -1.3%) and EBITDA of -₹3.44 Lakh (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 354% over five years.
The company has about 650 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address16/34 Acharya Narendra Dev Marg, Allahabad, Uttar Pradesh, India – 211002
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
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Business Activity of Velox Labs Private Limited
The main business activity of Velox Labs is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Velox Labs Private Limited FY 2025 filings available
Velox Labs Private Limited reported revenue of ₹30.48 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Velox Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 354% over five years, including 29% growth in the latest year. EBITDA fell 156% 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 of Velox Labs Private Limited
| 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 | -₹3.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹38.36 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 of Velox Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Velox Labs are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Velox Labs Private Limited
Velox Labs Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exceed Management Private Limited | ₹30.99 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Secunderabad, Telangana, India |
| Fulambri Text Com Private Limited | ₹30.88 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Jalna, Maharashtra, India |
| Square Business Services Private Limited | ₹30.74 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Secunderabad, Telangana, India |
| Gaurisha Facilities Management Private Limited | ₹30.69 Cr (FY 2025) | •••• | •••• | 185.0% | •••• | Delhi, India |
| World Skill Center | ₹30.68 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | Bhubaneswar, Odisha, India |
| Velox Labs Private Limited this company | ₹30.48 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Allahabad, Uttar Pradesh, India |
| Pragathi HR Services Private Limited | ₹30.43 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bengaluru, Karnataka, India |
| Al Taher Liaison Private Limited | ₹30.38 Cr (FY 2025) | •••• | •••• | 94.0% | •••• | Mumbai, Maharashtra, India |
| HRMS Staffing Private Limited | ₹30.37 Cr (FY 2025) | •••• | •••• | 132.0% | •••• | Hosakote, Karnataka, India |
| Options Group Strategic Consulting (India) Private Limited | ₹30.36 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Ananya Manpower Solutions Private Limited | ₹30.35 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Panaji, Goa, India |
Peers are the five companies nearest above and the five nearest below Velox Labs by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Velox Labs Private Limited
Velox Labs Private Limited is audited by R.K.GILL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.K.GILL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Velox Labs Private Limited
Velox Labs has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Dhawan | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Mohammed Aamir Ajmal Also directs: Altum Staffing and Marketing Solutions Private Limited | Director | 17 May 2021 | 5 Years 4 Months | Current |
| Abhishek Dhawan | Director | 25 Sep 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of Velox Labs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Velox Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2024 | Hdfc Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Velox Labs Private Limited
Velox Labs Private Limited has a workforce of 650 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Velox Labs Private Limited
Velox Labs has one previous CIN (Corporate Identification Number): U51909UP2017PTC090913. The current CIN is U74110UP2017PTC090913, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110UP2017PTC090913 | Current |
| U51909UP2017PTC090913 | Previous |
Recent Activity on Velox Labs Private Limited
Velox Labs Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Abhishek Dhawan was appointed as Director on 25 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Velox Labs Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Velox Labs Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Velox Labs Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Velox Labs Private Limited
Velox Labs has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCV7950C1ZB | Haryana | Active | 22 Jun 2019 |
| 36AAFCV7950C1Z8 | Telangana | Active | 16 Oct 2023 |
| 37AAFCV7950C1Z6 | Andhra Pradesh | Active | 25 Oct 2023 |
| 29AAFCV7950C1Z3 | Karnataka | Active | 29 Dec 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Velox Labs Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Velox Labs Private Limited
Velox Labs is an active private limited company based in Allahabad, Uttar Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 01 March 2017 (9+ years old) and is registered under CIN U74110UP2017PTC090913.
Velox Labs reported revenue of ₹30.48 Cr for FY 2025 (up 29% YoY).
Velox Labs has 3 current directors:
- Amit Dhawan - Director
- Mohammed Aamir Ajmal - Director
- Abhishek Dhawan - Director
Velox Labs reported a net loss of ₹38.36 Lakh (net margin -1.3%) and EBITDA of -₹3.44 Lakh (EBITDA margin -0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Velox Labs is 55% over three years and 354% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Velox Labs is 06AAFCV7950C1ZB, registered in Haryana. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 36AAFCV7950C1Z8 (Telangana), 37AAFCV7950C1Z6 (Andhra Pradesh), 29AAFCV7950C1Z3 (Karnataka).
The CIN (Corporate Identification Number) of Velox Labs is U74110UP2017PTC090913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velox Labs was incorporated on 01 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Velox Labs by revenue are Exceed Management Private Limited, Fulambri Text Com Private Limited, Square Business Services Private Limited, Gaurisha Facilities Management Private Limited, World Skill Center and 5 more, all in the Outsourcing industry (HR Outsourcing).
Abhishek Dhawan was appointed as Director on 25 Sep 2025. Mohammed Aamir Ajmal was appointed as Director on 17 May 2021. Abhishek Dhawan ceased to be Additional Director on 30 Dec 2020. Velox Labs has 6 board changes on record in total.
The registered office of Velox Labs is at 1634 Acharya Narendra Dev Marg, Allahabad, Uttar Pradesh, India – 211002.