Bikewo Green Tech Limited

Founded in 2016 and headquartered in Telangana, India.

2016 | Hyderabad, Telangana (India) | Active
Last Updated:

Bikewo Green Tech Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 13.04 Cr
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.59 Cr
  • Satisfied Charges ₹ 9.36 M
  • Revenue Growth 48.15%
  • Profit Growth -35.44%
  • Ebitda -33.11%
  • Net Worth 1.37%
  • Total Assets 31.05%

About Bikewo Green Tech

Bikewo Green Tech Limited (BGTL) is a Public Limited Indian Non-Government Company incorporated in India on 09 December 2016 (Eight years and two months 26 days old ). Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Right Choice Automobiles Private Limited. 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 14.00 Cr and a paid-up capital of Rs 13.04 Cr.

The company currently has active open charges totaling ₹6.59 Cr. The company has closed loans amounting to ₹9.36 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bikewo Green Tech Limited India are Rakshita Agarwal as COMPANY SECRETARY and Sivaji Dusari as Cfo. Varun Jain, Rama Thammineni, Archana Reddy, and Four other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bikewo.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2016PLC113345

  • Company No.

    113345

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 2016

  • Date of AGM

    31 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Automotive

Who are the key members and board of directors at Bikewo Green Tech?

Executive Team (3)

NameDesignationAppointment DateStatus
Manideep Katepalli Country flag representing In Managing DirectorCurrent
Rakshita Agarwal Company Secretary10-Feb-2024Current
Sivaji Dusari CFO28-Dec-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Varun Jain Country flag representing In Director Current
Rama Thammineni Country flag representing In Whole-Time Director 03-Feb-2022Current
Archana Reddy Country flag representing In Director Current
Jignesh Bellani Country flag representing In Director 28-Feb-2024Current
Rajesh Pamarti Country flag representing In Director Current
Taj Begum Country flag representing In Director Current

Financial Performance of Bikewo Green Tech.

Bikewo Green Tech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.15% increase. The company also saw a substantial fall in profitability, with a 35.44% decrease in profit. The company's net worth moved up by a moderate rise of 1.37%.

Bikewo Green Tech revenue growth over time
Bikewo Green Tech 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
48.15%
Revenue from Operations
48.98%
Total Assets
31.05%
Profit or Loss
-35.44%
Net Worth
1.37%
EBITDA
-33.11%

What is the Ownership and Shareholding Structure of Bikewo Green Tech?

In 2023, Bikewo Green Tech 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 Indicator graph

Charges (Loans)

Open Charges

₹6.59 Cr

Satisfied Charges

₹0.94 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.83 Cr
  • Axis Bank Limited : 0.93 Cr
  • Hdfc Bank Limited : 0.83 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2022Hdfc Bank Limited₹2.14 MOpen
06 Nov 2021Hdfc Bank Limited₹6.15 MOpen
25 Oct 2021Axis Bank Limited₹9.30 MOpen
28 Oct 2020State Bank Of India₹4.83 CrOpen
22 Mar 2021Hdfc Bank Limited₹0.82 MSatisfied

How Many Employees Work at Bikewo Green Tech?

Bikewo Green Tech has a workforce of 28 employees as of Apr 04, 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 growth trends for Bikewo Green Tech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bikewo Green Tech, 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 Bikewo Green Tech'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 Bikewo Green Tech

Recent activity within the organization

  • Annual General Meeting

    Bikewo Green Tech Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Bikewo Green Tech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Director Appointment

    Jignesh Purshottam Bellani was appointed as a Director was appointed as a Director on 28 Feb 2024 & has been associated with this company since 1 year 5 days .

  • Director Appointment

    Rakshita Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 10 Feb 2024 & has been associated with this company since 1 year 23 days .

  • Director Appointment

    Sivaji Dusari was appointed as a Cfo was appointed as a Cfo on 28 Dec 2023 & has been associated with this company since 1 year 2 months .

  • Charges

    A charge with State Bank Of India of Rs. 4.83 Cr registered on 28 Oct 2020 with Charge ID 100388505 was modified on 27 Jul 2023.

Recent News, Updates & Announcement

  • Bikewo Green Tech news update on market trends
    Indian 2-Wheeler EV firm launches a warranty scheme to boost EV adoption.

    BikeWo, a multi-brand Hyderabad-headquartered electric two-wheeler showroom, launched ‘BikeWo Shield’, a 5-year warranty scheme, with an aim to increase the adoption of electric vehicles (EVs) by giving confidence to the customers regarding the safety and reliability of the vehicle. This scheme promises a five-year warranty that will cover the motor, controller, and converter. In contrast, the other players in the industry only offer one year warranty. The company also says under the BikeWo sh.

    Techloy

Frequently asked questions

  • What is the Incorporation or founding date of Bikewo Green Tech Limited?

    Bikewo Green Tech Limited was incorporated on 09 Dec 2016.

  • What is authorized share capital and paid-up capital of Bikewo Green Tech Limited?

    The authorized share capital of Bikewo Green Tech Limited is ₹ 14.00 Cr and paid-up capital is ₹ 13.04 Cr.

  • Who are the current board members & directors of Bikewo Green Tech Limited?

    Currently 9 directors are associated with Bikewo Green Tech Limited.

    • Varun Jain
    • Rama Mohan Thammineni
    • Archana Reddy
    • Manideep Katepalli
    • Jignesh Purshottam Bellani
    • Rajesh Pamarti
    • Taj Unnissa Begum
    • Rakshita Agarwal
    • Sivaji Dusari

  • What is the registered address of Bikewo Green Tech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bikewo Green Tech Limited is Plot No.502B Amara Jyothi Road No.31 Jubilee Hills, India, Hyderabad, Telangana, 500033.

  • What is the corporate identification number (CIN) and company number of Bikewo Green Tech Limited?

    The corporate identification number (CIN) of Bikewo Green Tech Limited is U74999TG2016PLC113345 and the company number is 113345 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bikewo Green Tech Limited?

    The Official website of Bikewo Green Tech Limited is https://www.bikewo.in

  • What has been the recent revenue trend for Bikewo Green Tech Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bikewo Green Tech Limited has risen by 48.15%.

  • How many employees does Bikewo Green Tech Limited currently have?

    As Per 2023 financial reports, 28 employees are currently employed by Bikewo Green Tech Limited.

  • What change has been observed in the net worth of Bikewo Green Tech Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bikewo Green Tech Limited has experienced an upsurge of 1.37%.

  • What are the total open charges for Bikewo Green Tech Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bikewo Green Tech Limited amount to ₹ 6.59 Cr.

  • When was the last Balance Sheet of Bikewo Green Tech Limited filed with the ROC?

    The most recent Balance Sheet for Bikewo Green Tech Limited was filed with the ROC on 31 Mar 2024.

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