MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CH-01-0015955
Electrovese Solutions Private Limited
Electrovese Solutions Private Limited - information technology in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.31 Cr
▲ 33% YoY
Net profit · FY 2025
₹1.05 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹2.78 Lakh
EBITDA margin 2.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Electrovese Solutions Private Limited
Data last updated:
Electrovese Solutions Private Limited is a private limited company based in Chandigarh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200CH2015PTC035772. Its GSTIN is 04AAECE1080H1Z2 (Chandigarh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pranav Bhasin and Raj Kumar Bhasin.
Its last annual general meeting (AGM) was held on 06 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 45 Industrial Area Phase 1, Chandigarh, India – 160002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.31 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Lakh (net margin 0.8%) and EBITDA of ₹2.78 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 16% over five years.
The company is associated with 1 brand: Electrovese.
Electrovese Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0015955). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72200CH2015PTC035772
Registration Number 035772
Incorporation Date 13 October 2015
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 06 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-CH-01-0015955
Key People
Pranav Bhasin Director Raj Kumar Bhasin Director Recognitions & Rankings of Electrovese Solutions
Contact details
Electrovese Solutions Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressPlot No 45 Industrial Area Phase 1, Chandigarh, India – 160002
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Electrovese Solutions Private Limited, buy the company report.
Comprehensive company report
Electrovese Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Electrovese Solutions operates one associated brand: Electrovese. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers mobile app and web development services to businesses. | electrovese.com |
Business activity
The main business activity of Electrovese Solutions is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Electrovese Solutions Private Limited, buy the company report.
Financials of Electrovese Solutions Private Limited
FY 2025 filings availableElectrovese Solutions Private Limited reported revenue of ₹1.31 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹1.31 Cr ▲ 33%
Net profit · FY 2025
₹1.05 Lakh margin 0.8%
EBITDA · FY 2025
₹2.78 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 27%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 31%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 33% growth in the latest year. EBITDA fell 48% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.78 Lakh | ||||
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| Net Profit (PAT) | ₹1.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Electrovese Solutions Private Limited, buy the company report.
Board of directors of Electrovese Solutions Private Limited
Electrovese Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Bhasin Also directs: Factory Grid Private Limited | Director | 13 Oct 2015 | 11 Years 0 Months | Current |
| Raj Kumar Bhasin | Director | 13 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Electrovese Solutions Private Limited is audited by INDER RAJ & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| INDER RAJ & CO | FY 2023 | 012295N |
Shareholding
The shareholding of Electrovese Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Electrovese Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Electrovese Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Electrovese Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Electrovese Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAECE1080H1Z2 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Electrovese Solutions Private Limited, buy the company report.
Recent activity
Electrovese Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Pranav Bhasin was appointed as Director on 13 Oct 2015.
AGM
Electrovese Solutions Private Limited last Annual general meeting of members was held on 06 Oct 2025 as per latest MCA records.
Filing
Electrovese Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Pranav Bhasin was appointed as Director.
Appointed
Raj Kumar Bhasin was appointed as Director.
Incorporation
13 Oct 2015
Electrovese Solutions Private Limited was registered on 13 Oct 2015 with Roc Chandigarh & aged 11 years 14 days as per MCA records.
Frequently asked questions
Electrovese Solutions is an active private limited company based in Chandigarh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 October 2015 (11+ years old) and is registered under CIN U72200CH2015PTC035772.
Electrovese Solutions has 2 current directors:
- Pranav Bhasin - Director
- Raj Kumar Bhasin - Director
The latest financial statements of Electrovese Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 October 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Electrovese Solutions is 04AAECE1080H1Z2, registered in Chandigarh.
The CIN (Corporate Identification Number) of Electrovese Solutions is U72200CH2015PTC035772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electrovese Solutions was incorporated on 13 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
Pranav Bhasin was appointed as Director on 13 Oct 2015. Raj Kumar Bhasin was appointed as Director on 13 Oct 2015.
Yes, Electrovese Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-CH-01-0015955).
The registered office of Electrovese Solutions is at Plot No 45 Industrial Area Phase 1, Chandigarh, India – 160002.
Electrovese Solutions operates in the information technology industry, in the application development and software solutions segment.