- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0044057

About Velox Tyres Private Limited
Data last updated:
Velox Tyres Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 30 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25190KA2014PTC075118. Its GSTIN is 29AAECV8296J1ZG (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Thomas Koduvirachira Thomas and Susila Thomas.
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. A – 345 Plot No.493 Peenya Industrial Area Peenya II Stage, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.14 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹6.05 Cr (net margin -59.6%) and EBITDA of -₹4.14 Cr (EBITDA margin -40.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 23% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Velox Tyres. As per MCA filings, the company has open charges of ₹9.87 Cr and satisfied charges of ₹1.96 Cr on record.
Velox Tyres Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0044057). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veloxtyres.com.
Company details
Recognitions & Rankings of Velox Tyres
Contact details
Velox Tyres Private Limited's registered office is in Bangalore, Karnataka. Its website is veloxtyres.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. A – 345 Plot No.493 Peenya Industrial Area Peenya II Stage, Bangalore, Karnataka, India – 560058
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Velox Tyres 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
Brands
Velox Tyres operates one associated brand: Velox Tyres. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces solid rubber tyres using advanced technology for industrial and commercial equipment. | veloxtyres.com |
Business activity
The main business activity of Velox Tyres is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Velox Tyres Private Limited, buy the company report.
Financials of Velox Tyres Private Limited
FY 2025 filings availableVelox Tyres Private Limited reported revenue of ₹10.14 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 23% 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 | -₹4.14 Cr | ||||
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| Net Profit (PAT) | -₹6.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -40.9% | ||||
| Net Profit Margin | -59.6% | ||||
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To see the full financial statements and ratios of Velox Tyres Private Limited, buy the company report.
Board of directors of Velox Tyres Private Limited
Velox Tyres has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas Koduvirachira Thomas | Director | 30 Jun 2014 | 12 Years 4 Months | Current |
| Susila Thomas | Director | 30 Jun 2014 | 12 Years 4 Months | Current |
Auditor
Velox Tyres Private Limited is audited by Balakrishna and Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Balakrishna and Co | FY 2024 | 004835S |
Shareholding
The shareholding of Velox Tyres Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velox Tyres Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2024 | 100854526 | Sidbi | ₹1.82 Cr | Open | |
| 11 May 2023 | 100720355 | Others | ₹30 Lakh | Open | |
| 16 Sep 2021 | 100492393 | Others | ₹7.76 Cr | Open | |
| 31 Mar 2015 | 10576404 | The South Indian Bank Limited | ₹1.96 Cr | Satisfied |
To see the full charge records of Velox Tyres Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Velox Tyres 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 Tyres Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velox Tyres Private Limited has a workforce of 15 employees on its EPFO records as of Feb 10, 2025, across 1 active EPFO establishment.
GST
Velox Tyres has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECV8296J1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velox Tyres Private Limited, buy the company report.
Recent activity
Velox Tyres Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Susila Thomas was appointed as Director on 30 Jun 2014.
Frequently asked questions
Velox Tyres is an active private limited company based in Bangalore, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 30 June 2014 (12+ years old) and is registered under CIN U25190KA2014PTC075118.
Velox Tyres has 2 current directors:
- Thomas Koduvirachira Thomas - Director
- Susila Thomas - Director
The latest financial statements of Velox Tyres 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 2015 are in the company report.
The GSTIN of Velox Tyres is 29AAECV8296J1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Velox Tyres is U25190KA2014PTC075118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velox Tyres was incorporated on 30 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Susila Thomas was appointed as Director on 30 Jun 2014. Thomas Koduvirachira Thomas was appointed as Director on 30 Jun 2014.
Yes, Velox Tyres is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0044057).
Velox Tyres can be reached through the website veloxtyres.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Velox Tyres is at No. A – 345 Plot No.493 Peenya Industrial Area Peenya II Stage, Bangalore, Karnataka, India – 560058.

