Velocity Motors Private Limited - Company Profile

It is a automotive private limited company based in Belgaum, Karnataka, India, established in 1999.
1999 Belgaum, Karnataka, India Active
Last Updated:
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About Velocity Motors Private Limited

Velocity Motors Private Limited, a active private limited company, was established on 31 May 1999 in Belgaum, Karnataka, India. Engaging in auto dealership & trading within the automotive sector, it holds CIN: U50102KA1999PTC025285. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a active non-compliant status. Its leadership includes Suhas Gurappa Humbarwadi (Director), Virendra Gurappa Humbarwadi (Director). Past directors included Anand Sadashiv Marathe. It holds ₹6.08 Cr open charges and no settled loans. Its latest AGM occurred on 28 September 2013, with the balance sheet filed on 31 March 2013. It is based at Block No 2/241 Devaki Building Ranade Road Tilakwadi, Belgaum, Karnataka, 590006.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U50102KA1999PTC025285

  • Registration Number

    025285

  • Incorporation Date

    31 May 1999

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 26 Year, 9 Months
  • Last Filing with ROC 31 Mar 2013
  • Open Charges ₹ 6.08 Cr
Company report

Velocity Motors Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Velocity Motors Private Limited?
Current Directors
Name Designation Appointment Date Status
Suhas Gurappa Humbarwadi Director 31 May 1999 Current
Virendra Gurappa Humbarwadi Director 31 May 1999 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 Apr 2011 Past

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Financial Performance of Velocity Motors.

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Velocity Motors revenue growth over time
Velocity Motors profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Velocity Motors?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹60,800,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Pandharpur Urban Co-Operative Bank Ltd : 2.50 Cr
  • The Solapur Janata Sahakari Bank Limited : 2.25 Cr
  • Lokmangal Co-Operative Bank Limited. : 0.78 Cr
  • Solapur Janata Sahakari Bank Limited : 0.55 Cr
Latest Charge Details
Date Lender Amount Status
20 Nov 2009 Lokmangal Co-Operative Bank Limited. ₹7.80 M Open
07 Oct 2009 The Pandharpur Urban Co-Operative Bank Ltd ₹3.00 M Open
29 Sep 2009 The Pandharpur Urban Co-Operative Bank Ltd ₹2.20 Cr Open
06 Nov 2007 The Solapur Janata Sahakari Bank Limited ₹2.25 Cr Open
06 Nov 2007 Solapur Janata Sahakari Bank Limited ₹5.50 M Open

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How Many Employees Work at Velocity Motors?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Velocity Motors
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Velocity Motors Private Limited last Annual general meeting of members was held on 28 Sep 2013 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Velocity Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2013 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge with Lokmangal Co-Operative Bank Limited. of Rs. 0.78 Cr registered on 20 Nov 2009 with Charge ID 10190318 was modified on 30 Nov 2009. was documented.

  • Charges

    Progress on A charge with Lokmangal Co-Operative Bank Limited. amounted to Rs. 0.78 Cr with Charge ID 10190318 was registered on 20 Nov 2009. was documented.

  • Charges

    A charge with The Pandharpur Urban Co-Operative Bank Ltd amounted to Rs. 0.30 Cr with Charge ID 10181651 was registered on 07 Oct 2009. was recorded as a recent event.

  • Charges

    A charge with The Pandharpur Urban Co-Operative Bank Ltd amounted to Rs. 2.20 Cr with Charge ID 10181648 was registered on 29 Sep 2009. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Velocity Motors Private Limited?

The CIN of Velocity Motors Private Limited is U50102KA1999PTC025285.

Where is Velocity Motors Private Limited headquartered?

Velocity Motors Private Limited is headquartered at Block No 2/241 Devaki Building Ranade Road Tilakwadi, Belgaum, Karnataka, 590006.

When was Velocity Motors Private Limited incorporated?

Velocity Motors Private Limited was incorporated on 31 May 1999.

Who are the current directors of Velocity Motors Private Limited?

The current directors of Velocity Motors Private Limited are

What is the primary industry of Velocity Motors Private Limited?

The primary industry of Velocity Motors Private Limited is Automotive.

Is Velocity Motors Private Limited a listed company?

Velocity Motors Private Limited is unlisted.

What is the capital structure of Velocity Motors Private Limited?

The authorized capital of Velocity Motors Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Velocity Motors Private Limited?

The compliance status of Velocity Motors Private Limited is Active Non-Compliant.

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