Celectric Automotive Drives Private Limited

Provides engineering services for industrial and manufacturing projects since 2018.

2018 | Ernakulam, Kerala (India) | Active
Last Updated: January 30, 2025

Celectric Automotive Drives Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.13 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.33 Cr
  • Satisfied Charges ₹ 1.99 Cr
  • Revenue Growth 1294.59%
  • Profit Growth 418.67%
  • Ebitda 462.65%
  • Net Worth 2570.92%
  • Total Assets 688.09%

About Celectric Automotive Drives

Celectric Automotive Drives Private Limited (CADPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 06 November 2018 (Six years and two months 30 days old ). Its registered office is in Ernakulam, Kerala, 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 0.20 M and a paid-up capital of Rs 0.13 M.

The company currently has active open charges totaling ₹3.33 Cr. The company has closed loans amounting to ₹1.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bavil Varghese and Ratheesh serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KL2018PTC055432

  • Company No.

    055432

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

Who are the key members and board of directors at Celectric Automotive Drives?

Board Members (2)

Name Designation Appointment Date Status
Ratheesh Country flag representing In Director 06-Nov-2018 Current
Bavil Varghese Country flag representing In Director 06-Nov-2018 Current

Financial Performance of Celectric Automotive Drives.

Celectric Automotive Drives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1294.59% increase. The company also saw a substantial improvement in profitability, with a 418.67% increase in profit. The company's net worth Soared by an impressive increase of 2570.92%.

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
1294.59%
Revenue from Operations
1342.45%
Total Assets
688.09%
Profit or Loss
418.67%
Net Worth
2570.92%
EBITDA
462.65%

What is the Ownership and Shareholding Structure of Celectric Automotive Drives?

In 2023, Celectric Automotive Drives had a promoter holding of 83.60% and a public holding of 16.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.30 M

Satisfied Charges

₹19.90 M

Charges Breakdown by Lending Institutions

  • Others : 3.33 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2024 Others ₹3.33 Cr Open
08 Mar 2022 Canara Bank ₹1.40 M Satisfied
06 Oct 2020 Canara Bank ₹1.85 Cr Satisfied

How Many Employees Work at Celectric Automotive Drives?

Unlock and access historical data on people associated with Celectric Automotive Drives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Celectric Automotive Drives, 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 Celectric Automotive Drives'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 Celectric Automotive Drives

Recent activity within the organization

  • Charges

    A charge registered on 08 Mar 2022 via Charge ID 100588031 with Canara Bank was fully satisfied on 22 Oct 2024.

    22 Oct 2024

  • Charges

    A charge registered on 06 Oct 2020 via Charge ID 100388159 with Canara Bank was fully satisfied on 08 Oct 2024.

    08 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 33.30 M with Charge ID 100991763 was registered on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

    Celectric Automotive Drives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Celectric Automotive Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 18.50 M registered on 06 Oct 2020 with Charge ID 100388159 was modified on 17 Mar 2023.

    17 Mar 2023

Frequently asked questions

  • Celectric Automotive Drives Private Limited was incorporated on 06 Nov 2018.

  • The authorized share capital of Celectric Automotive Drives Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.13 M.

  • Currently 2 directors are associated with Celectric Automotive Drives Private Limited.

    • Bavil Varghese
    • Ratheesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Celectric Automotive Drives Private Limited is C/O Babu No Vi/433C, Padinjarevalamkottil (Pv) Building Thrikkakar Municipality India, Kochi, Kerala, 682021.

  • The corporate identification number (CIN) of Celectric Automotive Drives Private Limited is U74999KL2018PTC055432 and the company number is 055432 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Celectric Automotive Drives Private Limited is https://www.c-electricdrives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Celectric Automotive Drives Private Limited has risen by 1294.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Celectric Automotive Drives Private Limited has experienced an upsurge of 2570.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Celectric Automotive Drives Private Limited amount to ₹ 3.33 Cr.

  • The most recent Balance Sheet for Celectric Automotive Drives Private Limited was filed with the ROC on 31 Mar 2024.