About Vitesse Private Limited
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Vitesse 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 17 November 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1980PTC023461. Its GSTIN is 27AAACV1238L1Z8 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25.08 Lakh. It was formerly known as Vitesse Trading Private Limited and Vitesse Limited. It is led by directors including Vaibhav Mahendra Sanghi and Mahendra Kumar Sanghi.
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 1 Turf Viewseth Motilal Sanghi Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹145.92 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 0.7%) and EBITDA of ₹2.84 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 181 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.38 Cr and satisfied charges of ₹71.26 Cr on record. Court records list 29 cases involving the company, including 17 filed by the company and 12 filed against it; 2 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in January 2021. Its 7 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 4 larger and 3 smaller; the largest is Tectone Motors Private Limited with revenue of ₹147.08 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 35 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arenaofworli.com.
Company details
Name history
Vitesse has undergone 2 name changes throughout its history. The company was previously known as Vitesse Trading Private Limited, and Vitesse Limited. The current legal name is Vitesse Private Limited.
| Company Name | Status |
|---|---|
| Vitesse Private Limited | Current |
| Vitesse Trading Private Limited | Previous |
| Vitesse Limited | Previous |
CIN history
Vitesse has one previous CIN (Corporate Identification Number): U51900MH1980PLC023461. The current CIN is U51900MH1980PTC023461, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1980PTC023461 | Current |
| U51900MH1980PLC023461 | Previous |
Contact details
Vitesse Private Limited's registered office is in Mumbai, Maharashtra. Its website is arenaofworli.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 Turf Viewseth Motilal Sanghi Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Vitesse 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 Vitesse 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 Vitesse Private Limited, buy the company report.
Financials of Vitesse Private Limited
FY 2025 filings availableVitesse Private Limited reported revenue of ₹145.92 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 41% 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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| Total Expenses | |||||
| EBITDA | ₹2.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.01 Cr | ||||
| Balance Sheet | |||||
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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 | 1.9% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Vitesse Private Limited, buy the company report.
Board of directors of Vitesse Private Limited
Vitesse has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Mahendra Sanghi Also directs: Kota Oxygen Private Limited, Sanghi Motors (Bombay) Private Limited, Principal Investments Private Limited and 2 more | Director | 20 Jul 1983 | 43 Years 3 Months | Current |
| Mahendra Kumar Sanghi Also directs: Kota Oxygen Private Limited, Sanghi Motors (Bombay) Private Limited, Principal Investments Private Limited and 3 more | Director | 17 Nov 1980 | 45 Years 11 Months | Current |
| Manju Mahendrakumar Sanghi Also directs: Kota Oxygen Private Limited, Sanghi Motors (Bombay) Private Limited, Principal Investments Private Limited and 2 more | Director | 17 Nov 1980 | 45 Years 11 Months | Current |
| Ashwin Mahendra Sanghi Also directs: Kota Oxygen Private Limited, Sanghi Motors (Bombay) Private Limited, Principal Investments Private Limited and 2 more | Director | 27 Mar 1987 | 39 Years 7 Months | Current |
Peer comparison
Vitesse Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Tectone Motors Private Limited | ₹147.08 Cr (FY 2019) | 4.0% | Vadodara, Gujarat, India | |||
| Maa Sheetla Autowheels Private Limited | ₹146.52 Cr (FY 2024) | 138.0% | Haldwani, Uttarakhand, India | |||
| Siliguri Auto Works Private Limited | ₹146.35 Cr (FY 2024) | 33.0% | Darjeeling, West Bengal, India | |||
| Sequel Cars Private Limited | ₹146.25 Cr (FY 2025) | 18.0% | Kamthi, Maharashtra, India | |||
| Vitesse Private Limitedthis company | ₹145.92 Cr (FY 2025) | ₹1.01 Cr | 0.7% | -9.0% | 181 | Mumbai, Maharashtra, India |
| Rama Auto Dealers Private Limited | ₹145.57 Cr (FY 2025) | 10.0% | Ranchi, Jharkhand, India | |||
| G N G Auto Aids Private Limited | ₹145.12 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Shreegopal Auto Private Limited | ₹144.88 Cr (FY 2024) | 12.0% | Gopalganj, Bihar, India |
To see the full peer comparison of Vitesse Private Limited, buy the company report.
Auditor
Vitesse Private Limited is audited by C. M. GABHAWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. M. GABHAWALA & CO. | FY 2023 | 102870W |
Shareholding
The shareholding of Vitesse Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vitesse Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2012 | 10380939 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 05 Aug 1998 | 90187793 | Citi Bank | ₹2 Cr | Open | |
| 10 Nov 1997 | 90187764 | Citi Bank | ₹3 Cr | Open | |
| 29 Oct 1997 | 90187762 | Citi Bank | ₹2 Cr | Open | |
| 22 Dec 1994 | 90188572 | Citi Bank N. A. | ₹2.2 Cr | Open |
To see the full charge records of Vitesse Private Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Vitesse Private Limited has 2 deals on record (2 secondary share transfers); the latest was in January 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vitesse Private Limited has 29 court cases on record: 17 filed by Vitesse, 12 filed against it. 2 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 5 | 2 |
| High courts | 12 | 7 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed against the company by Ms. Shah Construction Company Ltd. | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed by the company against Shah Construction Company Ltd. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Shah Construction Company Limited and 4 others | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (REVISION) | Filed by the company against Ms.Shah Construction Co.,Ltd, | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by M/S Shah Construction Company Ltd. | Disposed |
To see the full case history of Vitesse 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
Vitesse Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 35 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Keltech Energies Ltd. - Udipi | |||
| an individual supplier | |||
| S. N. Enterprise |
To see the full MSME payment records of Vitesse Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vitesse Private Limited has a workforce of 181 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Vitesse has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV1238L1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 08AAACV1238L1Z8 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vitesse Private Limited, buy the company report.
Recent activity
Vitesse Private Limited has 4 board changes on record since 1980: 4 appointments. The latest: Ashwin Mahendra Sanghi was appointed as Director on 27 Mar 1987.
48 earlier events are in the company report.
Frequently asked questions
Vitesse 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 17 November 1980 (46+ years old) and is registered under CIN U51900MH1980PTC023461.
Vitesse has 4 current directors:
- Vaibhav Mahendra Sanghi - Director
- Mahendra Kumar Sanghi - Director
- Manju Mahendrakumar Sanghi - Director
- Ashwin Mahendra Sanghi - Director
The latest financial statements of Vitesse 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 Vitesse is 27AAACV1238L1Z8, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAACV1238L1Z8 (Rajasthan).
The CIN (Corporate Identification Number) of Vitesse is U51900MH1980PTC023461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitesse has 29 court cases on record: 17 filed by the company and 12 filed against it. 2 are pending. Most are in the district courts.
Vitesse was incorporated on 17 November 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
Vitesse has 2 deals on record (2 secondary share transfers); the latest was in January 2021.
The peers of Vitesse by revenue are Tectone Motors Private Limited, Maa Sheetla Autowheels Private Limited, Siliguri Auto Works Private Limited, Sequel Cars Private Limited, Rama Auto Dealers Private Limited and 2 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Ashwin Mahendra Sanghi was appointed as Director on 27 Mar 1987. Vaibhav Mahendra Sanghi was appointed as Director on 20 Jul 1983. Mahendra Kumar Sanghi was appointed as Director on 17 Nov 1980. Vitesse has 4 board changes on record in total.
Vitesse has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 35 overdue payments to 17 micro and small suppliers. The latest return was filed on 16 Aug 2019.
Vitesse can be reached through the website arenaofworli.com. Its registered office is in Mumbai, Maharashtra, India.