Evolute Cleantech Solutions Private Limited

Manufactures electrical components since 2000 in Mumbai, Maharashtra.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: June 26, 2024

Evolute Cleantech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.55 Cr
  • Paid Up Capital ₹ 1.52 Cr
  • Company Age 24 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.00 Cr
  • Satisfied Charges ₹ 22.00 Cr
  • Revenue Growth -31.40%
  • Profit Growth -9.10%
  • Ebitda 3.36%
  • Net Worth 26.10%
  • Total Assets -10.73%

About Evolute Cleantech Solutions

Evolute Cleantech Solutions Private Limited (ECSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 2000 and has a history of 24 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Relaytronics (India) Private Limited. The Company is engaged in the Information Technology 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 1.55 Cr and a paid-up capital of Rs 1.52 Cr.

The company currently has active open charges totaling ₹17.00 Cr. The company has closed loans amounting to ₹22.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Paras Mehta and Parag Mehta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    evolute.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909MH2000PTC129973

  • Company No.

    129973

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Evolute Cleantech Solutions Private Limited offer?

Evolute Cleantech Solutions Private Limited offers a wide range of products and services, including Router, Cables & Networking Devices, Networking Devices and Equipment, Electric Circuit Components & Spares, Electronic Appliances Circuit Boards, Computer PCI Cards, Cables & Modules, Computer Cables, Thermometers & Flowmeters, Infrared Thermometer & Thermal Camera Raw Materials, Batteries & Charge Storage Devices, Rechargeable Batteries.

Who are the key members and board of directors at Evolute Cleantech Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Paras Mehta Country flag representing In Director 01-Nov-2016Current
Parag Mehta Country flag representing In Director 11-Dec-2000Current

Financial Performance of Evolute Cleantech Solutions.

Evolute Cleantech Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.4% decrease. The company also saw a slight decrease in profitability, with a 9.1% decrease in profit. The company's net worth Soared by an impressive increase of 26.1%.

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
-31.40%
Revenue from Operations
-30.99%
Total Assets
-10.73%
Profit or Loss
-9.10%
Net Worth
26.10%
EBITDA
3.36%

What is the Ownership and Shareholding Structure of Evolute Cleantech Solutions?

In 2023, Evolute Cleantech 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.00 Cr

Satisfied Charges

₹22.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.00 Cr
  • Sidbi : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Sep 2022Sidbi₹5.00 CrOpen
03 Jun 2017Hdfc Bank Limited₹12.00 CrOpen
05 Jan 2010Bank Of India₹10.00 CrSatisfied
21 Sep 2005Bank Of India₹12.00 CrSatisfied

How Many Employees Work at Evolute Cleantech Solutions?

Evolute Cleantech Solutions has a workforce of 160 employees as of Mar 27, 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 Evolute Cleantech 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 Evolute Cleantech 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 Evolute Cleantech Solutions

Recent activity within the organization

  • Annual General Meeting

    Evolute Cleantech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Evolute Cleantech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 5.00 Cr with Charge ID 100610620 was registered on 07 Sep 2022.

    07 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 03 Jun 2017 with Charge ID 100108912 was modified on 12 Sep 2017.

    12 Sep 2017

  • Charges

    A charge registered on 05 Jan 2010 via Charge ID 10199276 with Bank Of India was fully satisfied on 27 Jul 2017.

    27 Jul 2017

  • Charges

    A charge registered on 21 Sep 2005 via Charge ID 80010765 with Bank Of India was fully satisfied on 27 Jul 2017.

    27 Jul 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Evolute Cleantech Solutions Private Limited was incorporated on 11 Dec 2000.

  • The authorized share capital of Evolute Cleantech Solutions Private Limited is ₹ 1.55 Cr and paid-up capital is ₹ 1.52 Cr.

  • Currently 2 directors are associated with Evolute Cleantech Solutions Private Limited.

    • Paras Kirit Mehta
    • Parag Kirit Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Evolute Cleantech Solutions Private Limited is B 3 Unique Industrial Estatechakala Andheri (East), Mumbai, Maharashtra, India, 400069.

  • The corporate identification number (CIN) of Evolute Cleantech Solutions Private Limited is U31909MH2000PTC129973 and the company number is 129973 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Evolute Cleantech Solutions Private Limited is https://www.evolute.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Evolute Cleantech Solutions Private Limited has fallen by -31.40%.

  • As Per 2023 financial reports, 160 employees are currently employed by Evolute Cleantech Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Evolute Cleantech Solutions Private Limited has experienced an upsurge of 26.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Evolute Cleantech Solutions Private Limited amount to ₹ 17.00 Cr.

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

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