Rissala Electric Motors Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.88 Cr
- Company Age 5 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -58.39%
- Profit Growth -157.72%
- Ebitda -159.77%
- Net Worth -27.31%
- Total Assets 26.90%
About Rissala Electric Motors
Rissala Electric Motors Limited (REML) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 14 May 2019 (Five years and ten months 17 days old ). Its registered office is in Gurugram, Haryana, 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 6.00 Cr and a paid-up capital of Rs 5.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ajay Ahlawat, Chander Kant, Prerana Chaturvedi, and Three other members serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300HR2019PLC080343
- Company No.
080343
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 May 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
What products or services does Rissala Electric Motors Limited offer?
Rissala Electric Motors Limited offers a wide range of products and services, including E Vehicles, Electric Two Wheelers, Parts And Kits, Motorcycles and Cars, All Terrain Vehicle.
Who are the key members and board of directors at Rissala Electric Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Ahlawat  | Managing Director | 01-Oct-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arjun Ahlawat | Additional Director | 01-May-2023 | Current |
| Chander Kant | Director | 06-May-2020 | Current |
| Prerana Chaturvedi | Director | 09-Jan-2020 | Current |
| Prashant Nikam | Director | 28-Jan-2022 | Current |
| Harshit Dammani | Additional Director | 01-May-2023 | Current |
Financial Performance of Rissala Electric Motors.
Rissala Electric Motors Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 58.39% decrease. The company also saw a substantial fall in profitability, with a 157.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rissala Electric Motors?
In 2023, Rissala Electric Motors had a promoter holding of 65.83% and a public holding of 34.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Team Chinu Private LimitedChander Kant is a mutual person
Khaitan (India) LtdAjay Ahlawat is a mutual person
Sapio Analytica Private LimitedPrashant Nikam is a mutual person
Rissala Voltfuel Tess Private LimitedAjay Ahlawat is a mutual person
- Royalhunting Hotels Private Limited
Ajay Ahlawat is a mutual person
- Rissala Arts And Heritage India Private Limited
Ajay Ahlawat and Prashant Nikam are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Rissala Electric Motors?
Rissala Electric Motors has a workforce of 30 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rissala Electric Motors, 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 Rissala Electric Motors'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.
Latest Updates, News, and FAQs on Rissala Electric Motors
Recent activity within the organization
- Annual General Meeting
Rissala Electric Motors Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Rissala Electric Motors Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Arjun Ahlawat was appointed as a Additional Director was appointed as a Additional Director on 01 May 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Harshit Dammani was appointed as a Additional Director was appointed as a Additional Director on 01 May 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Ajay Ahlawat was appointed as a Managing Director was appointed as a Managing Director on 01 Oct 2022 & has been associated with this company since 2 years 6 months .
- Director Appointment
Prashant Nanasaheb Nikam was appointed as a Director was appointed as a Director on 28 Jan 2022 & has been associated with this company since 3 years 2 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Rissala Electric Motors Limited?
Rissala Electric Motors Limited was incorporated on 14 May 2019.
What is authorized share capital and paid-up capital of Rissala Electric Motors Limited?
The authorized share capital of Rissala Electric Motors Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.88 Cr.
Who are the current board members & directors of Rissala Electric Motors Limited?
Currently 6 directors are associated with Rissala Electric Motors Limited.
- Ajay Ahlawat
- Chander Kant
- Prerana Chaturvedi
- Prashant Nanasaheb Nikam
- Arjun Ahlawat
- Harshit Dammani
What is the registered address of Rissala Electric Motors Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rissala Electric Motors Limited is 537/1 Shivam Kunj, Khera Dewat Road India, Gurgaon, Haryana, 122001.
What is the corporate identification number (CIN) and company number of Rissala Electric Motors Limited?
The corporate identification number (CIN) of Rissala Electric Motors Limited is U34300HR2019PLC080343 and the company number is 080343 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rissala Electric Motors Limited?
The Official website of Rissala Electric Motors Limited is https://www.evoletindia.com
What has been the recent revenue trend for Rissala Electric Motors Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rissala Electric Motors Limited has fallen by -58.39%.
How many employees does Rissala Electric Motors Limited currently have?
As Per 2023 financial reports, 30 employees are currently employed by Rissala Electric Motors Limited.
What change has been observed in the net worth of Rissala Electric Motors Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rissala Electric Motors Limited has experienced an downturn of -27.31%.
When was the last Balance Sheet of Rissala Electric Motors Limited filed with the ROC?
The most recent Balance Sheet for Rissala Electric Motors Limited was filed with the ROC on 31 Mar 2024.
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