About Velox Motors Private Limited
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Velox Motors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 22 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50402MH2017PTC295199.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹9.75 Cr. It was formerly known as Velox Cars Private Limited and Celox Motors Private Limited. It is led by directors including Natasha Jeetendra Awhad and Jitendra Satish Awhad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No. 206 2nd Floor Runwal R Square Veena Nagar L.B.S Road, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹375.74 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹94.86 Lakh (net margin 0.3%) and EBITDA of ₹10.51 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 35% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹119.89 Cr and satisfied charges of ₹66.03 Cr on record. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹90 Lakh; the latest was in April 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arenaofmulundwest.com.
Company details
Name history
Velox Motors has undergone 5 name changes throughout its history. The current legal name is Velox Motors Private Limited.
| Company Name | Status |
|---|---|
| Velox Motors Private Limited | Current |
| Velox Cars Private Limited | Previous |
| Celox Motors Private Limited | Previous |
| Citus Automobiles Private Limited | Previous |
| Carkraft Automobiles Private Limited | Previous |
| Celox Automobiles Private Limited | Previous |
Contact details
Velox Motors Private Limited's registered office is in Mumbai, Maharashtra. Its website is arenaofmulundwest.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRoom No. 206 2nd Floor Runwal R Square Veena Nagar L.B.S Road, Mumbai, Maharashtra, India – 400080
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Velox Motors Private Limited, buy the company report.
- 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
Business activity
The main business activity of Velox Motors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Velox Motors Private Limited, buy the company report.
Financials of Velox Motors Private Limited
FY 2025 filings availableVelox Motors Private Limited reported revenue of ₹375.74 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 37% growth in the latest year. EBITDA rose 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.51 Cr | ||||
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| Net Profit (PAT) | ₹94.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Velox Motors Private Limited, buy the company report.
Board of directors of Velox Motors Private Limited
Velox Motors has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natasha Jeetendra Awhad Also directs: Pyna Trading LLP, Velox Beverages LLP | Director | 03 Nov 2017 | 9 Years 0 Months | Current |
| Jitendra Satish Awhad Also directs: Velox Infratech LLP, Mehzohn Reality Private Limited | Director | 29 Sep 2022 | 4 Years 1 Months | Current |
| Digvijay Suresh Garje | Director | 17 Feb 2020 | 6 Years 8 Months | Current |
| Ruta Jitendra Awhad Also directs: Velox Infratech LLP | Director | 10 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Velox Motors Private Limited is audited by TEJAS P PAREKH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TEJAS P PAREKH & CO | FY 2023 | 157871W |
Shareholding
The shareholding of Velox Motors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velox Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2025 | 101225906 | Others | ₹16.02 Lakh | Open | |
| 09 Oct 2025 | 101225865 | Others | ₹17.72 Lakh | Open | |
| 09 Oct 2025 | 101225895 | Others | ₹17.72 Lakh | Open | |
| 22 Sep 2025 | 101157456 | Others | ₹20 Cr | Open | |
| 25 Aug 2025 | 101169528 | Others | ₹20 Cr | Open |
To see the full charge records of Velox Motors Private Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Velox Motors Private Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹90 Lakh; the latest was in April 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Rights issue | ₹4.75 Cr | Investors: 4 individuals |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2019 | Rights issue | ₹4 Cr | Investors: 4 individuals |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Aug 2017 | Funding round | ₹90 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Velox Motors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velox Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velox Motors Private Limited has a workforce of 63 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Velox Motors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Velox Motors Private Limited has 10 board changes on record since 2017: 4 appointments and 6 cessations. The latest: Jitendra Satish Awhad ceased to be Additional Director on 30 Sep 2022.
47 earlier events are in the company report.
Frequently asked questions
Velox Motors is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 22 May 2017 (9+ years old) and is registered under CIN U50402MH2017PTC295199.
Velox Motors has 4 current directors:
- Natasha Jeetendra Awhad - Director
- Jitendra Satish Awhad - Director
- Digvijay Suresh Garje - Director
- Ruta Jitendra Awhad - Director
The latest financial statements of Velox Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Velox Motors is U50402MH2017PTC295199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velox Motors was incorporated on 22 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Velox Motors has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹90 Lakh; the latest was in April 2022.
Jitendra Satish Awhad ceased to be Additional Director on 30 Sep 2022. Ruta Jitendra Awhad ceased to be Additional Director on 30 Sep 2022. Jitendra Satish Awhad was appointed as Director on 29 Sep 2022. Velox Motors has 10 board changes on record in total.
Velox Motors can be reached through the website arenaofmulundwest.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Velox Motors is at Room No. 206 2nd Floor Runwal R Square Veena Nagar L.B.S Road, Mumbai, Maharashtra, India – 400080.
Velox Motors operates in the automotive industry, in the auto dealership and trading segment.
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