Velte Developers Private Limited

Velte Developers Private Limited - real estate and construction in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U70109DL2012PTC245761 Incorporated 05 December 2012 ROC Delhi HQ New Delhi, Delhi, India
Merged Private Limited Company real estate and construction
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹80 Cr
No open charges
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Last financials
Mar 2020
Balance sheet date
Last AGM
17 Dec 2020
Annual general meeting
Company status
Amalgamated
MCA master data

About Velte Developers Private Limited

Data last updated:

Velte Developers Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Gates Developers Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 December 2012.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2012PTC245761.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Seema Das Patra and Ashish Chakraborty.

Its last annual general meeting (AGM) was held on 17 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Flat No. 621 – A 6th Floor Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019.

As per MCA filings, the company had satisfied charges of ₹80 Cr on record.

The last known website on record is vatikagroup.com.

Company details

CIN U70109DL2012PTC245761
Registration Number 245761
Incorporation Date 05 December 2012
ROC Delhi
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 17 December 2020
Date of Balance Sheet 31 March 2020
Parent Company Gates Developers Private Limited
Compliance Status Active Compliant

Contact details

Velte Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Flat No. 621 – A 6th Floor Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Velte Developers Private Limited, buy the company report.

Comprehensive company report
Velte Developers Private Limited - one report that includes everything
  • 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

The main business activity of Velte Developers is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

Financials of Velte Developers Private Limited

FY 2020 filings available

Financial Statement Summary

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Velte Developers Private Limited, buy the company report.

Board of directors of Velte Developers Private Limited

Velte Developers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Seema Das PatraDirector05 Oct 201610 Years 0 MonthsAs last reported
Ashish ChakrabortyDirector05 Oct 201610 Years 0 MonthsAs last reported

Auditor

Velte Developers Private Limited is audited by A J K R AND ASSOCIATES for the financial year 2018.

Auditor firmFinancial yearFirm registration number
A J K R AND ASSOCIATESFY 2018000516N

Shareholding

The shareholding of Velte Developers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Velte Developers Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹80 Cr
Breakdown by lending institutions
Others₹80.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Jun 2019100273831Others₹80 CrSatisfied

To see the full charge records of Velte Developers Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Velte Developers 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 Velte Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Velte Developers Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Ashish Chakraborty ceased to be Additional Director on 12 Sep 2017.

AGM
Velte Developers Private Limited last Annual general meeting of members was held on 17 Dec 2020 as per latest MCA records.
Filing
Velte Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.
Charges
A charge registered on 25 Jun 2019 via Charge ID 100273831 with Others was fully satisfied on 13 Sep 2019.
Charges
A charge with Others amounted to Rs. 8,000.00 Lakh with Charge ID 100273831 was registered on 25 Jun 2019.
Ceased
Ashish Chakraborty ceased to be Additional Director.
Ceased
Seema Das Patra ceased to be Additional Director.
Ceased
Amit Malhotra ceased to be Director.
Appointed
Ashish Chakraborty was appointed as Director.
Ceased
Brij Kishore Singh ceased to be Director.
Appointed
Seema Das Patra was appointed as Director.
Ceased
Rajesh Kumar Garg ceased to be Director.
Incorporation
05 Dec 2012
Velte Developers Private Limited was registered on 05 Dec 2012 with Roc Delhi & aged 13 years 10 months as per MCA records.

Frequently asked questions

Velte Developers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Velte Developers was a private limited company based in New Delhi, Delhi, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 December 2012 and is registered under CIN U70109DL2012PTC245761. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Velte Developers was incorporated on 05 December 2012. It is registered with the Registrar of Companies, Delhi.

Velte Developers had 2 directors:

The CIN (Corporate Identification Number) of Velte Developers is U70109DL2012PTC245761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Velte Developers is at Flat No. 621 – A 6th Floor Devika Towers 6 Nehru Place, New Delhi, Delhi, India – 110019.

Velte Developers can be reached through the website vatikagroup.com. Its registered office is in New Delhi, Delhi, India.

The latest financial statements of Velte Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 17 December 2020. Year-wise statements from 2015 are in the company report.

Velte Developers operated in the real estate and construction industry, in the real estate builders and developers segment.

Ashish Chakraborty ceased to be Additional Director on 12 Sep 2017. Seema Das Patra ceased to be Additional Director on 12 Sep 2017. Amit Malhotra ceased to be Director on 05 Oct 2016. Velte Developers has 7 board changes on record in total.