Electrolite Systems Private Limited

Supplier of electronic items and solutions for wiring, lighting, and industrial needs.

2007 | Vadodara, Gujarat (India) | Active
Last Updated: January 02, 2025

Electrolite Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 31.67%
  • Profit Growth 171.20%
  • Ebitda 99.46%
  • Net Worth 49.75%
  • Total Assets 2.71%

About Electrolite Systems

Electrolite Systems Private Limited (ESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 2007 and has a history of 17 years and eight months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables 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 0.50 M and a paid-up capital of Rs 0.48 M.

The company currently has active open charges totaling ₹1.00 Cr.

Vipul Patel, Hetal Patel, Amisha Patel, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U52335GJ2007PTC051099

  • Company No.

    051099

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 2007

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Electrolite Systems Private Limited offer?

Electrolite Systems Private Limited offers a wide range of products and services, including Switches & Switch Boxes, Modular Switches, Security AlArms, Detectors & Devices, Security Alarm Systems, Electrical Panels & Distribution Box, Junction Boxes, Electric Fittings & Components, Earthing Equipment, Electrical Conduits and Fittings, Conduit Pipes.

Who are the key members and board of directors at Electrolite Systems?

Executive Team (1)

Name Designation Appointment Date Status
Mehul Patel Country flag representing In Managing Director 12-Jun-2007 Current

Board Members (3)

Name Designation Appointment Date Status
Vipul Patel Country flag representing In Whole-Time Director 12-Jun-2007 Current
Hetal Patel Country flag representing In Director 25-Apr-2023 Current
Amisha Patel Country flag representing In Director 17-Apr-2018 Current

Financial Performance of Electrolite Systems.

Electrolite Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.67% increase. The company also saw a substantial improvement in profitability, with a 171.2% increase in profit. The company's net worth Soared by an impressive increase of 49.75%.

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
31.67%
Revenue from Operations
32.91%
Total Assets
2.71%
Profit or Loss
171.20%
Net Worth
49.75%
EBITDA
99.46%

What is the Ownership and Shareholding Structure of Electrolite Systems?

In 2022, Electrolite Systems 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

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
07 Jul 2018 Others ₹1.00 Cr Open

How Many Employees Work at Electrolite Systems?

Unlock and access historical data on people associated with Electrolite Systems, 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 Electrolite Systems, 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 Electrolite Systems'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 Electrolite Systems

Recent activity within the organization

  • Annual General Meeting

    Electrolite Systems Private Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

    10 Sep 2024

  • Balance Sheet

    Electrolite Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Hetal Patel was appointed as a Director was appointed as a Director on 25 Apr 2023 & has been associated with this company since 1 year 9 months .

    25 Apr 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100188893 was registered on 07 Jul 2018.

    07 Jul 2018

  • Director Appointment

    Amisha Vipul Patel was appointed as a Director was appointed as a Director on 17 Apr 2018 & has been associated with this company since 6 years 10 months .

    17 Apr 2018

  • Director Appointment

    Vipul Patel was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jun 2007 & has been associated with this company since 17 years 8 months .

    12 Jun 2007

Frequently asked questions

  • Electrolite Systems Private Limited was incorporated on 12 Jun 2007.

  • The authorized share capital of Electrolite Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.48 M.

  • Currently 4 directors are associated with Electrolite Systems Private Limited.

    • Vipul Patel
    • Hetal Patel
    • Amisha Vipul Patel
    • Mehul Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Electrolite Systems Private Limited is Plot No B-32/148 Krishna Industrial Estate Opp: B I D C Gorwa, India, Vadodara, Gujarat, 390016.

  • The corporate identification number (CIN) of Electrolite Systems Private Limited is U52335GJ2007PTC051099 and the company number is 051099 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Electrolite Systems Private Limited is https://www.electrolitesystems.nowfloats.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Electrolite Systems Private Limited has risen by 31.67%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Electrolite Systems Private Limited has experienced an upsurge of 49.75%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Electrolite Systems Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Electrolite Systems Private Limited was filed with the ROC on 31 Mar 2024.