About Velonol
Velonol is an Industrial Goods & Manufacturing company based in Pune (India) founded in 2024. It manufactures premium lubricants and greases for vehicles and industrial machinery worldwide. It operates on a B2B and D2C model. The company has 1 employees. Its Indian entity Maddux Products Private Limited reported revenue of ₹12.50 Cr. Velonol offers products and services including Engine Oils, Lubricants, and Greases. Its focus areas include Industrial, Maintenance, Greases and Industrial Applications. Its competitors include Akar Tools, Speed-A-Way and Kwik Patch.
Company details
Velonol produces high-quality engine oils, lubricants, and greases tailored for automotive and industrial needs, adhering to strict manufacturing standards. Based in Pune, India, the company focuses on optimizing vehicle and machinery performance while promoting sustainability and reducing carbon emissions. It serves clients like the Indian Army and BSF through distribution networks, emphasizing cost-effective production and marketing.
- Headquarters Pune, India
- Employees 1
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website velonol.com
- Social X Facebook Instagram YouTube
- Legal Name Maddux Products Private Limited
- Date of Incorporation 09 Feb, 2021
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹12.50 Cr
FY 2024 · +246% YoY
- Net Profit₹61.6 Lakh
FY 2024 · 5% margin
- EBITDA₹3.74 Cr
FY 2024 · 30% margin
- Employee Count1
Associated legal entities of Velonol
Velonol is associated with 2 registered companies on The Company Check; the primary company is Maddux Products Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maddux Products Private Limited CIN U11100PN2021PTC198462 | Active | 09 Feb 2021 | Pune, Maharashtra | ₹12.5 Cr | 2 | View details | |
| Velonol Industries Private Limited CIN U11100PN2021PTC200073 | Active | 06 Apr 2021 | Pune, Maharashtra | ₹10.2 Cr | 2 | View details |
Products & Services of Velonol
Velonol offers a comprehensive portfolio of products and services, including Engine Oils, Lubricants, and Greases.
Premium blends designed to enhance vehicle performance and longevity.
Formulas for optimizing machinery efficiency and reducing wear.
Specialized products for industrial equipment protection and operation.
Apps and channels of Velonol
its YouTube channel Velonol Official has 16 subscribers and 12 videos.
Videos from Velonol
The most watched videos on Velonol's YouTube channel, Velonol Official (16 subscribers). Click a video to play it here.
More on Velonol Official.
Board of directors of Maddux Products Private Limited (Velonol)
Maddux Products Private Limited is the primary company behind Velonol. The boards of the 2 registered companies of Velonol currently have 2 directors; the longest-serving is Rahul Sinha, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Sinha DIN 06799588 | Director | 06 Apr 2021 | 5 yrs 6 mo | Velonol Industries Private Limited, Maddux Products Private Limited |
| Swati Kumari DIN 09061116 | Director | 06 Apr 2021 | 5 yrs 6 mo | Velonol Industries Private Limited, Maddux Products Private Limited |
Financials of Velonol
Figures of Maddux Products Private Limited, the primary company behind Velonol, for FY 2024. Revenue was ₹12.50 Cr (+246% year on year). Net profit was ₹61.6 Lakh (5% margin). EBITDA was ₹3.74 Cr (30% margin).
- ₹12.50 CrRevenue · FY 2024 · +246% YoY
- ₹61.6 LakhNet profit · 5% margin
- ₹3.74 CrEBITDA · 30% margin
- ₹2.50 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Maddux Products Private Limited are on its company page.
Detailed financial statements for Velonol
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Velonol
Velonol has 3 listed competitors in our database. They include Akar Tools, Speed-A-Way and Kwik Patch.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akartoolsltd.com | 1989 | Mumbai, India | 83 | Manufactures hand tools | ||
| speedawayprivatelimited.com | 1938 | Chennai, India | 348 | Produces high-quality aftermarket automotive lubricants, bearings, and accessories. | ||
| kwikpatch.com | 1987 | Chennai, India | 563 | Produces tire repair kits, industrial gloves, and heavy textiles for various industries. |
Detailed competitors of Velonol
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Frequently Asked Questions about Velonol
Velonol was founded in 2024.
Velonol is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Velonol has 1 employees.
The primary company behind Velonol, Maddux Products Private Limited, reported revenue of ₹12.50 Cr for FY 2024, up 246% year on year.
Velonol produces high-quality engine oils, lubricants, and greases tailored for automotive and industrial needs, adhering to strict manufacturing standards. Based in Pune, India, the company focuses on optimizing vehicle and machinery performance while promoting sustainability and reducing carbon emissions. It serves clients like the Indian Army and BSF through distribution networks, emphasizing cost-effective production and marketing.
Velonol's top competitors include Speed-A-Way, Akar Tools and Kwik Patch.
Velonol offers Engine Oils, Lubricants, and Greases.
Velonol is associated with 2 legal entities: Maddux Products Private Limited, Velonol Industries Private Limited.
The legal entities of Velonol currently have 2 directors, including Rahul Sinha, Swati Kumari.