Raftaar Electric Green Vehicles Private Limited

Founded in 2017 and headquartered in Punjab, India.

2017 | Patiala, Punjab (India) | Active
Last Updated: January 10, 2025

Raftaar Electric Green Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.70 M
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.02 Cr
  • Satisfied Charges ₹ 1.10 Cr
  • Revenue Growth 130.23%
  • Profit Growth 389.43%
  • Ebitda 103.03%
  • Net Worth 65.07%
  • Total Assets 96.75%

About Raftaar Electric Green Vehicles

Raftaar Electric Green Vehicles Private Limited (REGVPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 October 2017 (Seven years and three months 23 days old ). Its registered office is in Patiala, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.70 M.

The company currently has active open charges totaling ₹2.02 Cr. The company has closed loans amounting to ₹1.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitin Gupta and Rahul Gupta serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U34300PB2017PTC047095

  • Company No.

    047095

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Raftaar Electric Green Vehicles Private Limited offer?

Raftaar Electric Green Vehicles Private Limited offers a wide range of products and services, including Wheel Chairs, Crutches and Walker, Mobility Scooter.

Who are the key members and board of directors at Raftaar Electric Green Vehicles?

Board Members (2)

Name Designation Appointment Date Status
Nitin Gupta Country flag representing In Director 20-Oct-2017 Current
Rahul Gupta Country flag representing In Director 20-Oct-2017 Current

Financial Performance of Raftaar Electric Green Vehicles.

Raftaar Electric Green Vehicles Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 130.23% increase. The company also saw a substantial improvement in profitability, with a 389.43% increase in profit. The company's net worth Soared by an impressive increase of 65.07%.

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
130.23%
Revenue from Operations
130.23%
Total Assets
96.75%
Profit or Loss
389.43%
Net Worth
65.07%
EBITDA
103.03%

What is the Ownership and Shareholding Structure of Raftaar Electric Green Vehicles?

In 2022, Raftaar Electric Green Vehicles 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

₹20.19 M

Satisfied Charges

₹11.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.02 Cr

Latest Charge Details

Date Lender Amount Status
30 Jun 2022 Hdfc Bank Limited ₹4.34 M Open
09 Mar 2021 Hdfc Bank Limited ₹1.59 Cr Open
06 Jul 2020 Others ₹1.00 M Satisfied
11 Jan 2018 Others ₹1.00 Cr Satisfied

How Many Employees Work at Raftaar Electric Green Vehicles?

Unlock and access historical data on people associated with Raftaar Electric Green Vehicles, 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 Raftaar Electric Green Vehicles, 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 Raftaar Electric Green Vehicles'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 Raftaar Electric Green Vehicles

Recent activity within the organization

  • Annual General Meeting

    Raftaar Electric Green Vehicles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Raftaar Electric Green Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.34 M registered on 30 Jun 2022 with Charge ID 100841549 was modified on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.34 M with Charge ID 100841549 was registered on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge registered on 06 Jul 2020 via Charge ID 100352369 with Others was fully satisfied on 23 Mar 2021.

    23 Mar 2021

  • Charges

    A charge registered on 11 Jan 2018 via Charge ID 100150721 with Others was fully satisfied on 23 Mar 2021.

    23 Mar 2021

Frequently asked questions

  • Raftaar Electric Green Vehicles Private Limited was incorporated on 20 Oct 2017.

  • The authorized share capital of Raftaar Electric Green Vehicles Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.70 M.

  • Currently 2 directors are associated with Raftaar Electric Green Vehicles Private Limited.

    • Nitin Gupta
    • Rahul Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raftaar Electric Green Vehicles Private Limited is Chandigargh-Landran- Road Opposite Radha Soami Beas, Vill-Sampla India, Sirhind, Punjab, 140406.

  • The corporate identification number (CIN) of Raftaar Electric Green Vehicles Private Limited is U34300PB2017PTC047095 and the company number is 047095 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raftaar Electric Green Vehicles Private Limited is https://www.raftaarelectricvehicles.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Raftaar Electric Green Vehicles Private Limited has risen by 130.23%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Raftaar Electric Green Vehicles Private Limited has experienced an upsurge of 65.07%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Raftaar Electric Green Vehicles Private Limited amount to ₹ 2.02 Cr.

  • The most recent Balance Sheet for Raftaar Electric Green Vehicles Private Limited was filed with the ROC on 31 Mar 2024.