Altigreen Propulsion Labs Private Limited

Designs and develops electric vehicle technologies for 2, 3, 4 wheelers and hybrids.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Altigreen Propulsion Labs Profile

Key Indicators

  • Authorised Capital ₹ 2.99 Cr
  • Paid Up Capital ₹ 2.12 Cr
  • Company Age 12 Year, 12 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.00 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 1065.92%
  • Profit Growth -248.96%
  • Ebitda -323.79%
  • Net Worth -501.37%
  • Total Assets -10.76%

About Altigreen Propulsion Labs

Altigreen Propulsion Labs Private Limited (APLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 2013 and has a history of 12 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.99 Cr and a paid-up capital of Rs 2.12 Cr.

The company currently has active open charges totaling ₹28.00 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajay Sarupria, Perumal Srinivasan, Amitabh Saran, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    altigreen.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2013PTC067796

  • Company No.

    067796

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 2013

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Altigreen Propulsion Labs?

Board Members (6)

NameDesignationAppointment DateStatus
Subhabrata Ghosh Country flag representing In Nominee Director 08-May-2019Current
Shalendra Gupta Country flag representing In Director 08-Feb-2013Current
Ajay Sarupria Country flag representing In Director 18-Feb-2022Current
Perumal Srinivasan Country flag representing In Nominee Director 02-Mar-2022Current
Amitabh Saran Country flag representing In Director 08-Feb-2013Current
Nikhil Vora Country flag representing In Nominee Director 18-Feb-2022Current

Financial Performance of Altigreen Propulsion Labs.

Altigreen Propulsion Labs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1065.92% increase. The company also saw a substantial fall in profitability, with a 248.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 501.37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
1065.92%
Revenue from Operations
1051.73%
Total Assets
-10.76%
Profit or Loss
-248.96%
Net Worth
-501.37%
EBITDA
-323.79%

What is the Ownership and Shareholding Structure of Altigreen Propulsion Labs?

In 2023, Altigreen Propulsion Labs had a promoter holding of 70.95% and a public holding of 29.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.00 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 16.00 Cr
  • Hdfc Bank Limited : 7.00 Cr
  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Mar 2024Others₹5.00 CrOpen
29 May 2023State Bank Of India₹16.00 CrOpen
02 May 2023Hdfc Bank Limited₹7.00 CrOpen
10 Mar 2021Others₹3.00 CrSatisfied

How Many Employees Work at Altigreen Propulsion Labs?

Altigreen Propulsion Labs has a workforce of 368 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Altigreen Propulsion Labs, 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 Altigreen Propulsion Labs'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.

Latest Updates, News, and FAQs on Altigreen Propulsion Labs

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 08 Mar 2024 with Charge ID 100894800 was modified on 13 Sep 2024.

    13 Sep 2024

  • Annual General Meeting

    Altigreen Propulsion Labs Private Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

    11 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 02 May 2023 with Charge ID 100747281 was modified on 01 Aug 2024.

    01 Aug 2024

  • Balance Sheet

    Altigreen Propulsion Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100894800 was registered on 08 Mar 2024.

    08 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 16.00 Cr with Charge ID 100731533 was registered on 29 May 2023.

    29 May 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Altigreen Propulsion Labs Private Limited was incorporated on 08 Feb 2013.

  • The authorized share capital of Altigreen Propulsion Labs Private Limited is ₹ 2.99 Cr and paid-up capital is ₹ 2.12 Cr.

  • Currently 6 directors are associated with Altigreen Propulsion Labs Private Limited.

    • Ajay Dilkush Sarupria
    • Perumal Ramamurthy Srinivasan
    • Amitabh Saran
    • Subhabrata Ghosh
    • Nikhil Kishorchandra Vora
    • Shalendra Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Altigreen Propulsion Labs Private Limited is Survey No 17/3 Euro School Road Ncpr Industrial Layout Doddanakundi Area 2 Seetharamapalya, India, Bangalore North, Karnataka, 560048.

  • The corporate identification number (CIN) of Altigreen Propulsion Labs Private Limited is U74900KA2013PTC067796 and the company number is 067796 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Altigreen Propulsion Labs Private Limited is https://www.altigreen.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Altigreen Propulsion Labs Private Limited has risen by 1065.92%.

  • As Per 2023 financial reports, 368 employees are currently employed by Altigreen Propulsion Labs Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Altigreen Propulsion Labs Private Limited has experienced an downturn of -501.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Altigreen Propulsion Labs Private Limited amount to ₹ 28.00 Cr.

  • The most recent Balance Sheet for Altigreen Propulsion Labs Private Limited was filed with the ROC on 31 Mar 2024.

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