Electrodrive Powertrain Solutions Private Limited

Manufactures electrical components, power trains, electric cars, and home energy storage solutions.

2017 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: June 23, 2024

Electrodrive Powertrain Solutions Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 10.95 Cr
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 260.00 Cr
  • Revenue Growth 196.20%
  • Profit Growth -53.21%
  • Ebitda -89.63%
  • Net Worth 254.78%
  • Total Assets 240.78%

About Electrodrive Powertrain Solutions

Electrodrive Powertrain Solutions Private Limited (EPSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 July 2017 (Seven years and six months 30 days old ). Its registered office is in Coimbatore, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 10.95 Cr.

The company currently has active open charges totaling ₹260.00 Cr.

The Key Managerial Personnel (KMP) at Electrodrive Powertrain Solutions Private Limited India is Samir Yajnik as CEO. Ratan Tata, Samir Yajnik, and Sridhar Narayan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    electraev.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TZ2017PTC029256

  • Company No.

    029256

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 2017

  • Date of AGM

    14 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Automotive

What products or services does Electrodrive Powertrain Solutions Private Limited offer?

Electrodrive Powertrain Solutions Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Automotive Battery Charger, VFD, PLC, HMI & Control Equipments, Control Equipment, Electric Motors and Components, Industrial Motors.

Who are the key members and board of directors at Electrodrive Powertrain Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Samir Yajnik CEO26-Apr-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Ratan Tata Country flag representing In Director 26-Mar-2019Current
Samir Yajnik Country flag representing Gb Director 01-Oct-2018Current
Sridhar Narayan Country flag representing In Nominee Director 28-Oct-2022Current

Financial Performance of Electrodrive Powertrain Solutions.

Electrodrive Powertrain Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 196.2% increase. The company also saw a substantial fall in profitability, with a 53.21% decrease in profit. The company's net worth Soared by an impressive increase of 254.78%.

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
196.20%
Revenue from Operations
192.96%
Total Assets
240.78%
Profit or Loss
-53.21%
Net Worth
254.78%
EBITDA
-89.63%

What is the Ownership and Shareholding Structure of Electrodrive Powertrain Solutions?

In 2023, Electrodrive Powertrain Solutions had a promoter holding of 95.49% and a public holding of 4.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹260.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 130.00 Cr
  • Axis Bank Limited : 80.00 Cr
  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Axis Bank Limited₹80.00 CrOpen
09 May 2023Others₹50.00 CrOpen
28 Jul 2022Hdfc Bank Limited₹130.00 CrOpen

How Many Employees Work at Electrodrive Powertrain Solutions?

Electrodrive Powertrain Solutions has a workforce of 152 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 Electrodrive Powertrain Solutions, 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 Electrodrive Powertrain Solutions'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 Electrodrive Powertrain Solutions

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 80.00 Cr with Charge ID 100885727 was registered on 22 Mar 2024.

    22 Mar 2024

  • Annual General Meeting

    Electrodrive Powertrain Solutions Private Limited last Annual general meeting of members was held on 14 Aug 2023 as per latest MCA records.

    14 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100726552 was registered on 09 May 2023.

    09 May 2023

  • Director Appointment

    Samir Yajnik was appointed as a Ceo was appointed as a Ceo on 26 Apr 2023 & has been associated with this company since 1 year 9 months .

    26 Apr 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 130.00 Cr registered on 28 Jul 2022 with Charge ID 100604723 was modified on 31 Mar 2023.

    31 Mar 2023

  • Balance Sheet

    Electrodrive Powertrain Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Electrodrive Powertrain Solutions Private Limited was incorporated on 25 Jul 2017.

  • The authorized share capital of Electrodrive Powertrain Solutions Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 10.95 Cr.

  • Currently 4 directors are associated with Electrodrive Powertrain Solutions Private Limited.

    • Ratan Naval Tata
    • Samir Yajnik
    • Sridhar Narayan
    • Samir Yajnik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Electrodrive Powertrain Solutions Private Limited is Door No.97/3 Vadakku Sambalam Thottam, Trichy Road Kannampalayam(Post) Sulur(Taluk), Comibatore, Tamil Nadu, India, 641402.

  • The corporate identification number (CIN) of Electrodrive Powertrain Solutions Private Limited is U74999TZ2017PTC029256 and the company number is 029256 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Electrodrive Powertrain Solutions Private Limited is https://www.electraev.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Electrodrive Powertrain Solutions Private Limited has risen by 196.20%.

  • As Per 2023 financial reports, 152 employees are currently employed by Electrodrive Powertrain Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Electrodrive Powertrain Solutions Private Limited has experienced an upsurge of 254.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Electrodrive Powertrain Solutions Private Limited amount to ₹ 260.00 Cr.

  • The most recent Balance Sheet for Electrodrive Powertrain Solutions Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Electrical and Bio Fuel Vehicles