Savy Electric Vehicles Private Limited

Provides leasing and manufacturing of battery operated land transport equipment.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Savy Electric Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.07 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.22 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 260.32%
  • Profit Growth 14493.33%
  • Ebitda 2876.10%
  • Net Worth 966.94%
  • Total Assets 33.92%

About Savy Electric Vehicles

Savy Electric Vehicles Private Limited (SEVPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 June 2016 (Eight years and nine months 13 days old ). Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.07 M.

The company currently has active open charges totaling ₹11.22 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Chandan Mundhra and Ashish Soni serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34100GJ2016PTC092500

  • Company No.

    092500

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Savy Electric Vehicles Private Limited offer?

Savy Electric Vehicles Private Limited offers a wide range of products and services, including E Vehicles, Electric Three Wheeler, Parts and Kits, Electric Utility Vehicle, Electric Two Wheelers, Parts And Kits.

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

Board Members (2)

NameDesignationAppointment DateStatus
Chandan Mundhra Country flag representing In Director 16-Jun-2016Current
Ashish Soni Country flag representing In Director Current

Financial Performance of Savy Electric Vehicles.

Savy Electric Vehicles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 260.32% increase. The company also saw a substantial improvement in profitability, with a 14493.33% increase in profit. The company's net worth Soared by an impressive increase of 966.94%.

Savy Electric Vehicles revenue growth over time
Savy Electric Vehicles 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
260.32%
Revenue from Operations
262.43%
Total Assets
33.92%
Profit or Loss
14493.33%
Net Worth
966.94%
EBITDA
2876.10%

What is the Ownership and Shareholding Structure of Savy Electric Vehicles?

In 2023, Savy Electric Vehicles had a promoter holding of 87.80% and a public holding of 12.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.22 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.22 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2024Others₹8.50 CrOpen
29 Jun 2024Others₹7.21 MOpen
26 Feb 2024Others₹2.00 CrOpen
06 Apr 2023Hdfc Bank Limited₹5.00 MSatisfied

How Many Employees Work at Savy Electric Vehicles?

Unlock and access historical data on people associated with Savy Electric Vehicles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Savy Electric Vehicles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Savy Electric 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 Savy Electric 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 Savy Electric Vehicles

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 8.50 Cr with Charge ID 100947890 was registered on 15 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 0.72 Cr with Charge ID 100949318 was registered on 29 Jun 2024.

  • Charges

    A charge registered on 06 Apr 2023 via Charge ID 100745407 with Hdfc Bank Limited was fully satisfied on 12 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100873732 was registered on 26 Feb 2024.

  • Annual General Meeting

    Savy Electric Vehicles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100745407 was registered on 06 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Savy Electric Vehicles Private Limited?

    Savy Electric Vehicles Private Limited was incorporated on 16 Jun 2016.

  • What is authorized share capital and paid-up capital of Savy Electric Vehicles Private Limited?

    The authorized share capital of Savy Electric Vehicles Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.07 M.

  • Who are the current board members & directors of Savy Electric Vehicles Private Limited?

    Currently 2 directors are associated with Savy Electric Vehicles Private Limited.

    • Chandan Mundhra
    • Ashish Pravinchandra Soni

  • What is the registered address of Savy Electric Vehicles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Savy Electric Vehicles Private Limited is Off. No. 513 North Plaza Opp. Palladium Nr. 4D Souare Vishat - Gandhinagar, India, Ahmadabad City, Gujarat, 380005.

  • What is the corporate identification number (CIN) and company number of Savy Electric Vehicles Private Limited?

    The corporate identification number (CIN) of Savy Electric Vehicles Private Limited is U34100GJ2016PTC092500 and the company number is 092500 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Savy Electric Vehicles Private Limited?

    The Official website of Savy Electric Vehicles Private Limited is https://www.savyelectric.in

  • What has been the recent revenue trend for Savy Electric Vehicles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Savy Electric Vehicles Private Limited has risen by 260.32%.

  • What change has been observed in the net worth of Savy Electric Vehicles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Savy Electric Vehicles Private Limited has experienced an upsurge of 966.94%.

  • What are the total open charges for Savy Electric Vehicles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Savy Electric Vehicles Private Limited amount to ₹ 11.22 Cr.

  • When was the last Balance Sheet of Savy Electric Vehicles Private Limited filed with the ROC?

    The most recent Balance Sheet for Savy Electric Vehicles Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed