MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-27-0010354
Vela Automobile Private Limited
Vela Automobile Private Limited - automotive in Tiruchirappalli, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹65.66 Cr
▼ 8% YoY
Net profit · FY 2024
₹17.9 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹2.18 Cr
EBITDA margin 3.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹17.76 Cr
Satisfied ₹13 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
121
Provident fund records
About Vela Automobile Private Limited
Data last updated:
Vela Automobile Private Limited is a private limited company based in Tiruchirappalli, Tamil Nadu, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 23 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U50400TN2021PTC140931. Its GSTIN is 33AAHCV8575D1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Sadasivam Manivannan and Sibi Manivannan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 19 Annamalai Nagar Main Road Thillai Nagar, Tiruchirappalli, Tamil Nadu, India – 620018.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.66 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹17.9 Lakh (net margin 0.3%) and EBITDA of ₹2.18 Cr (EBITDA margin 3.3%).
The company has about 121 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.76 Cr and satisfied charges of ₹13 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Vela Automobile Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-27-0010354).
Company details
CIN U50400TN2021PTC140931
Registration Number 140931
Incorporation Date 23 January 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-TN-27-0010354
Recognitions & Rankings of Vela Automobile
Contact details
Vela Automobile Private Limited's registered office is in Tiruchirappalli, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressNo. 19 Annamalai Nagar Main Road Thillai Nagar, Tiruchirappalli, Tamil Nadu, India – 620018
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Vela Automobile Private Limited, buy the company report.
Comprehensive company report
Vela Automobile 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 Vela Automobile is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Vela Automobile Private Limited, buy the company report.
Financials of Vela Automobile Private Limited
FY 2025 filings availableVela Automobile Private Limited reported revenue of ₹65.66 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹65.66 Cr ▼ 8%
Net profit · FY 2024
₹17.9 Lakh margin 0.3%
EBITDA · FY 2024
₹2.18 Cr margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
EBITDA CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 359%
Revenue fell 8% in the latest year. EBITDA rose 113% 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 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 | ₹2.18 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹17.9 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.3% | |||
| Net Profit Margin | 0.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Vela Automobile Private Limited, buy the company report.
Board of directors of Vela Automobile Private Limited
Vela Automobile has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadasivam Manivannan | Director | 23 Jan 2021 | 5 Years 9 Months | Current |
| Sibi Manivannan Also directs: Trichikaveri Foods Private Limited, Foodsolve Private Limited | Director | 23 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
Vela Automobile Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Joshi Autotech Private Limited | ₹66.06 Cr (FY 2024) | 84.0% | Chandigarh, India | |||
| Omega Motors Private Limited | ₹65.87 Cr (FY 2024) | 5.0% | Delhi, India | |||
| Sai Durga Autocraft Private Limited | ₹65.78 Cr (FY 2025) | -4.0% | Hyderabad, Telangana, India | |||
| SVD Motors Private Limited | ₹65.69 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Vela Automobile Private Limitedthis company | ₹65.66 Cr (FY 2024) | ₹17.9 Lakh | 0.3% | -8.0% | 121 | Tiruchirappalli, Tamil Nadu, India |
| Tirupati Automart Private Limited | ₹65.6 Cr (FY 2025) | 23.0% | Murshidabad, West Bengal, India | |||
| Chaudhari Cars Private Limited | ₹65.46 Cr (FY 2025) | 12.0% | Jalgaon, Maharashtra, India |
To see the full peer comparison of Vela Automobile Private Limited, buy the company report.
Auditor
Vela Automobile Private Limited is audited by Mathi Ramesh Rajavel & Associates, Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mathi Ramesh Rajavel & Associates, Chartered Accountants | FY 2023 | 018066S |
Shareholding
The shareholding of Vela Automobile Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vela Automobile Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.76 Cr
Satisfied charges
₹13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2025 | 101191979 | Others | ₹9 Cr | Open | |
| 21 Aug 2025 | 101161330 | Others | ₹2.25 Cr | Open | |
| 15 Jul 2024 | 100959433 | Others | ₹1.71 Lakh | Open | |
| 30 Sep 2023 | 100824896 | Indian Overseas Bank | ₹6 Cr | Open | |
| 29 Sep 2023 | 100803041 | Others | ₹4.12 Lakh | Open |
To see the full charge records of Vela Automobile Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Vela Automobile Private Limited has 2 court cases on record: 2 filed by Vela Automobile. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Vela Automobile 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 Vela Automobile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vela Automobile Private Limited has a workforce of 121 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
Employee count
121
Active EPFO establishments
1
Employee growth
37.5%
GST
Vela Automobile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCV8575D1Z3 | Tamil Nadu | Active | 04 Feb 2021 |
To see the full GST registrations and return filing status of Vela Automobile Private Limited, buy the company report.
Recent activity
Vela Automobile Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Sadasivam Manivannan was appointed as Director on 23 Jan 2021.
Charges
A charge registered on 30 Sep 2021 via Charge ID 100499787 with Others was fully satisfied on 06 Jan 2026.
Charges
A charge with Others of Rs. 225.00 Lakh registered on 21 Aug 2025 with Charge ID 101161330 was modified on 06 Nov 2025.
Charges
A charge with Others amounted to Rs. 900.00 Lakh with Charge ID 101191979 was registered on 21 Oct 2025.
AGM
Vela Automobile Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 225.00 Lakh with Charge ID 101161330 was registered on 21 Aug 2025.
Charges
A charge with Indian Overseas Bank of Rs. 600.00 Lakh registered on 30 Sep 2023 with Charge ID 100824896 was modified on 25 Jun 2025.
Filing
Vela Automobile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 1.71 Lakh with Charge ID 100959433 was registered on 15 Jul 2024.
Charges
A charge registered on 26 Dec 2022 via Charge ID 100661164 with Hdfc Bank Limited was fully satisfied on 06 Apr 2024.
Charges
A charge registered on 06 Oct 2021 via Charge ID 100494924 with Others was fully satisfied on 08 Mar 2024.
Charges
A charge with Indian Overseas Bank amounted to Rs. 600.00 Lakh with Charge ID 100824896 was registered on 30 Sep 2023.
Charges
A charge with Others amounted to Rs. 4.12 Lakh with Charge ID 100803041 was registered on 29 Sep 2023.
15 earlier events are in the company report.
Frequently asked questions
Vela Automobile is an active private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 23 January 2021 (5+ years old) and is registered under CIN U50400TN2021PTC140931.
Vela Automobile has 2 current directors:
- Sadasivam Manivannan - Director
- Sibi Manivannan - Director
The latest financial statements of Vela Automobile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Vela Automobile is 33AAHCV8575D1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vela Automobile is U50400TN2021PTC140931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vela Automobile has 2 court cases on record: 2 filed by the company.
Vela Automobile was incorporated on 23 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vela Automobile by revenue are Joshi Autotech Private Limited, Omega Motors Private Limited, Sai Durga Autocraft Private Limited, SVD Motors Private Limited, Tirupati Automart Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Sadasivam Manivannan was appointed as Director on 23 Jan 2021. Sibi Manivannan was appointed as Director on 23 Jan 2021.
Yes, Vela Automobile is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-27-0010354).
The registered office of Vela Automobile is at No. 19 Annamalai Nagar Main Road Thillai Nagar, Tiruchirappalli, Tamil Nadu, India – 620018.
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