Bounce Electric 1 Private Limited

Manufactures and sells electric vehicles through online platform.

2016 | Gurugram, Haryana (India) | Active
Last Updated: January 10, 2025

Bounce Electric 1 Profile

Key Indicators

  • Authorised Capital ₹ 1.71 Cr
  • Paid Up Capital ₹ 8.57 M
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.00 Cr
  • Satisfied Charges ₹ 25.00 Cr
  • Revenue Growth -99.94%
  • Profit Growth 83.44%
  • Ebitda 87.63%
  • Net Worth -12.73%
  • Total Assets -3.16%

About Bounce Electric 1

Bounce Electric 1 Private Limited (BE1PL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 August 2016 (Eight years and five months 22 days old ). Its registered office is in Gurugram, Haryana, 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 1.71 Cr and a paid-up capital of Rs 8.57 M.

The company currently has active open charges totaling ₹25.00 Cr. The company has closed loans amounting to ₹25.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Giri Anil and Hassan Vivekananda serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300HR2016PTC065380

  • Company No.

    065380

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2016

  • Date of AGM

    14 Nov 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Bounce Electric 1?

Board Members (2)

Name Designation Appointment Date Status
Giri Anil Country flag representing In Director 20-Aug-2021 Current
Hassan Vivekananda Country flag representing In Director 20-Aug-2021 Current

Financial Performance of Bounce Electric 1.

Bounce Electric 1 Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.94% decrease. The company also saw a substantial improvement in profitability, with a 83.44% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.73%.

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
-99.94%
Revenue from Operations
Total Assets
-3.16%
Profit or Loss
83.44%
Net Worth
-12.73%
EBITDA
87.63%

What is the Ownership and Shareholding Structure of Bounce Electric 1?

In 2022, Bounce Electric 1 had a public holding of 5.83%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 Cr

Satisfied Charges

₹25.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.00 Cr

Latest Charge Details

Date Lender Amount Status
23 Dec 2022 Others ₹25.00 Cr Open
13 Apr 2022 Axis Bank Limited ₹25.00 Cr Satisfied

How Many Employees Work at Bounce Electric 1?

Bounce Electric 1 has a workforce of 73 employees as of Apr 07, 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 Bounce Electric 1, 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 Bounce Electric 1'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 Bounce Electric 1

Recent activity within the organization

  • Annual General Meeting

    Bounce Electric 1 Private Limited last Annual general meeting of members was held on 14 Nov 2024 as per latest MCA records.

    14 Nov 2024

  • Balance Sheet

    Bounce Electric 1 Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 13 Apr 2022 via Charge ID 100566760 with Axis Bank Limited was fully satisfied on 19 Mar 2024.

    19 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 25.00 Cr registered on 13 Apr 2022 with Charge ID 100566760 was modified on 03 Feb 2023.

    03 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100671070 was registered on 23 Dec 2022.

    23 Dec 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100566760 was registered on 13 Apr 2022.

    13 Apr 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Bounce Electric 1 Private Limited was incorporated on 11 Aug 2016.

  • The authorized share capital of Bounce Electric 1 Private Limited is ₹ 1.71 Cr and paid-up capital is ₹ 8.57 M.

  • Currently 2 directors are associated with Bounce Electric 1 Private Limited.

    • Giri Raju Anil
    • Hassan Ramakrishna Vivekananda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bounce Electric 1 Private Limited is Unit No. 1201 To 1206 12Th Floor Commercial Complexspaze Palazo Sector-6 9, India, Gurgaon, Haryana, 122018.

  • The corporate identification number (CIN) of Bounce Electric 1 Private Limited is U34300HR2016PTC065380 and the company number is 065380 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bounce Electric 1 Private Limited is https://www.22motors.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Bounce Electric 1 Private Limited has fallen by -99.94%.

  • As Per 2021 financial reports, 73 employees are currently employed by Bounce Electric 1 Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Bounce Electric 1 Private Limited has experienced an downturn of -12.73%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Bounce Electric 1 Private Limited amount to ₹ 25.00 Cr.

  • The most recent Balance Sheet for Bounce Electric 1 Private Limited was filed with the ROC on 31 Mar 2024.

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