Electro Rent India Private Limited

Leading rental and leasing company for motor vehicles, machinery, equipment, and telecommunications test equipment.

2010 | New Delhi (India) | Active
Last Updated: October 24, 2024

Electro Rent India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 6.26 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 16.00 Cr
  • Revenue Growth 33.77%
  • Profit Growth 144.14%
  • Ebitda 62.22%
  • Net Worth 85.13%
  • Total Assets 0.94%

About Electro Rent India

Electro Rent India Private Limited (ERIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 30 July 2010 and has a history of 14 years and six months. Its registered office is in New Delhi, India.

The Corporate was formerly known as Livingston India Private Limited. The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 6.26 M.

The company currently has active open charges totaling ₹16.00 Cr.

Vikas Chopra and Gagan Kapoor serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    electrorent.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140DL2010FTC206454

  • Company No.

    206454

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    30 Jul 2010

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Electro Rent India?

Board Members (2)

NameDesignationAppointment DateStatus
Vikas Chopra Country flag representing In Director 31-Dec-2018Current
Gagan Kapoor Director 17-Sep-2024Current

Financial Performance of Electro Rent India.

Electro Rent India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.77% increase. The company also saw a substantial improvement in profitability, with a 144.14% increase in profit. The company's net worth Soared by an impressive increase of 85.13%.

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
33.77%
Revenue from Operations
32.69%
Total Assets
0.94%
Profit or Loss
144.14%
Net Worth
85.13%
EBITDA
62.22%

What is the Ownership and Shareholding Structure of Electro Rent India?

In 2023, Electro Rent India 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

₹16.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 15.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2024Axis Bank Limited₹15.00 CrOpen
20 May 2024The Hongkong And Shanghai Banking Corporation Limited₹1.00 CrOpen

How Many Employees Work at Electro Rent India?

Electro Rent India has a workforce of 21 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 Electro Rent India, 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 Electro Rent India'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 Electro Rent India

Recent activity within the organization

  • Director Appointment

    Gagan Kapoor was appointed as a Director was appointed as a Director on 17 Sep 2024 & has been associated with this company since 5 months 7 days .

    17 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100969527 was registered on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 Cr with Charge ID 100928025 was registered on 20 May 2024.

    20 May 2024

  • Annual General Meeting

    Electro Rent India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Electro Rent India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Vikas Chopra was appointed as a Director was appointed as a Director on 31 Dec 2018 & has been associated with this company since 6 years 1 month .

    31 Dec 2018

Frequently asked questions

  • Electro Rent India Private Limited was incorporated on 30 Jul 2010.

  • The authorized share capital of Electro Rent India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 6.26 M.

  • Currently 2 directors are associated with Electro Rent India Private Limited.

    • Vikas Chopra
    • Gagan Kapoor
  • As per Ministry of Corporate Affairs (Mca), the registered address of Electro Rent India Private Limited is Flat No. 504, Surya Kiran Kasturba Gandhi Marg India, New Delhi, 110001.

  • The corporate identification number (CIN) of Electro Rent India Private Limited is U74140DL2010FTC206454 and the company number is 206454 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Electro Rent India Private Limited is https://www.electrorent.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Electro Rent India Private Limited has risen by 33.77%.

  • As Per 2023 financial reports, 21 employees are currently employed by Electro Rent India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Electro Rent India Private Limited has experienced an upsurge of 85.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Electro Rent India Private Limited amount to ₹ 16.00 Cr.

  • The most recent Balance Sheet for Electro Rent India Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Equipment Leasing & Financing