Velox Automation Private Limited - Company Profile

It is a information technology private limited company based in Surat, Gujarat, India, established in 1997.
1997 Surat, Gujarat, India Active
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About Velox Automation Private Limited

Velox Automation Private Limited, a active private limited company, was established on 09 April 1997 in Surat, Gujarat, India. Engaging in electronic components & equipment manufacturing within the manufacturing sector, it holds CIN: U31909GJ1997PTC094076. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.60 M.

Formerly known as Cotmac Electronices (Surat) Private Limited, Cotmac Electronics (Surat) Private Limited. It upholds a compliant status. Employing 148 professional, Its leadership includes Janak Pravinchandra Jariwala (Whole-Time Director), Chetan Pravinchandra Jariwala (Director), Shah Mehul Ashokkumar (Director). Past directors included Pralhad Namdeorao Hage, Mukund Shankarrao Muley, Shyam Mohan Sirur. It holds ₹23.25 Cr open charges and ₹17.15 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Industrial Shed, A1/612 Gidc, Sachin, Surat, Gujarat, 394230.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U31909GJ1997PTC094076

  • Registration Number

    094076

  • Incorporation Date

    09 April 1997

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.60 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 23.25 Cr
  • Satisfied Charges ₹ 17.15 Cr
  • Revenue Growth **** 38.11%
  • Profit Growth **** 118.63%
  • Ebitda **** 86.52%
  • Net Worth 28.67%
  • Total Assets **** 51.42%
Company report

Velox Automation Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Velox Automation Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Velox Automation Private Limited?
Current Directors
Name Designation Appointment Date Status
Janak Pravinchandra Jariwala Whole-Time Director 09 Apr 1997 Current
Chetan Pravinchandra Jariwala Director 23 Jan 2016 Current
Shah Mehul Ashokkumar Director 28 Mar 2017 Current
Pravinchandra Balwantram Jariwala Director 28 Dec 1998 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Dec 2015 Past
Pramod Abcsdd Director 31 Dec 2015 Past
Pramod Abcsdd Director 31 Dec 2015 Past
Pramod Abcsdd Additional Director 05 Nov 2019 Past

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Financial Performance of Velox Automation.

Velox Automation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.11% increase. The company also saw a substantial improvement in profitability, with a 118.63% increase in profit. The company's net worth Soared by an impressive increase of 28.67%.

Velox Automation revenue growth over time
Velox Automation 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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 38.11%
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Revenue from Operations
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 38.14%
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*******
*******
Total Assets
*******
 51.42%
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*******
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Profit or Loss
*******
 118.63%
*******
*******
*******
*******
Net Worth
*******
 28.67%
*******
*******
*******
*******
EBITDA
*******
 86.52%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Velox Automation?

In 2023, Velox Automation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹232,453,000.00

Satisfied Charges

₹171,500,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 23.25 Cr
Latest Charge Details
Date Lender Amount Status
28 May 2018 Hdfc Bank Limited ₹23.25 Cr Open
20 Nov 2009 Bank Of Baroda ₹5.50 Cr Satisfied
29 Aug 2009 Others ₹7.65 Cr Satisfied
28 Mar 2008 3I Infotech Trusteeship Services Limited ₹7.00 M Satisfied
27 Nov 2006 Icici Bank Limited ₹5.00 M Satisfied

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How Many Employees Work at Velox Automation?

Velox Automation has a workforce of 148 employees as of Apr 11, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Velox Automation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Velox Automation's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Velox Automation
Recent Activity within the Organization
  • Annual General Meeting

    The activity Velox Automation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Velox Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 232.45 M registered on 28 May 2018 with Charge ID 100185234 was modified on 25 Mar 2025. was documented.

  • Charges

    Progress on A charge registered on 20 Nov 2009 via Charge ID 10188300 with Bank Of Baroda was fully satisfied on 04 Dec 2018. was documented.

  • Charges

    Progress on A charge registered on 29 Aug 2009 via Charge ID 10182682 with Others was fully satisfied on 04 Dec 2018. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 232.45 M with Charge ID 100185234 was registered on 28 May 2018. was documented.

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Frequently Asked Questions
What is the CIN of Velox Automation Private Limited?

The CIN of Velox Automation Private Limited is U31909GJ1997PTC094076.

Where is Velox Automation Private Limited headquartered?

Velox Automation Private Limited is headquartered at Industrial Shed, A1/612 Gidc, Sachin, Surat, Gujarat, 394230.

When was Velox Automation Private Limited incorporated?

Velox Automation Private Limited was incorporated on 09 April 1997.

Who are the current directors of Velox Automation Private Limited?

The current directors of Velox Automation Private Limited are

What is the primary industry of Velox Automation Private Limited?

The primary industry of Velox Automation Private Limited is Manufacturing.

Is Velox Automation Private Limited a listed company?

Velox Automation Private Limited is unlisted.

What is the capital structure of Velox Automation Private Limited?

The authorized capital of Velox Automation Private Limited is ₹2.50 M, and the paid-up capital is ₹1.60 M.

What is the compliance status of Velox Automation Private Limited?

The compliance status of Velox Automation Private Limited is Compliant.

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