Electrovast Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.40 M
- Paid Up Capital ₹ 1.00 M
- Company Age 3 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.10 Cr
- Revenue Growth 221.81%
- Profit Growth -55.05%
- Ebitda -31.64%
- Net Worth 169.40%
- Total Assets 175.56%
About Electrovast Solutions
Electrovast Solutions Private Limited (ESPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 February 2021 (Three years and 11 months 28 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 1.40 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹3.10 Cr.
Krubanithee Prabaharan, Krishnamurthi Sriram, Priya Sriram, and One other member serve as directors at the Company.
Company Details
-
Location
Tiruvallur, Tamil Nadu, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U31909TN2021PTC141315
-
Company No.
141315
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
10 Feb 2021
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Electrovast Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnamurthi Sriram
|
Managing Director | 10-Feb-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Krubanithee Prabaharan
|
Additional Director | 11-Nov-2022 | Current |
|
Priya Sriram
|
Director | 10-Feb-2021 | Current |
|
Rajendran Saravanan
|
Additional Director | 20-Oct-2022 | Current |
Financial Performance of Electrovast Solutions.
Electrovast Solutions Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 221.81% increase. The company also saw a substantial fall in profitability, with a 55.05% decrease in profit. The company's net worth Soared by an impressive increase of 169.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Electrovast Solutions?
In 2024, Electrovast Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Propel Ensol Private LimitedKrubanithee Prabaharan is a mutual person
-
Eltech Engineers Madras Private LimitedKrishnamurthi Sriram is a mutual person
-
Ace Enablers LlpKrubanithee Prabaharan is a mutual person
-
Erisa Energy Solutions Private Limited
Krubanithee Prabaharan is a mutual person
Charges (Loans)
₹31.00 M
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 3.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2023 | Axis Bank Limited | ₹3.10 Cr | Open |
How Many Employees Work at Electrovast Solutions?
Electrovast Solutions has a workforce of 58 employees as of Jan 28, 2025. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Electrovast 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 Electrovast Solutions's trajectory.
Rating
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
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.