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Evage Automotive Private Limited - automotive in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹33.63 Cr
▲ 58910% YoY
Net loss · FY 2024
₹41.29 Cr
Net margin -122.8%
EBITDA · FY 2024
-₹25.29 Cr
EBITDA margin -75.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
1
Provident fund records
Directors on board
3
As per MCA filings
About Evage Automotive Private Limited
Data last updated:
Evage Automotive Private Limited is a private limited company based in Chandigarh, India, a subsidiary of Evage Ventures Private Limited and recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 04 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U34100CH2020PTC042947. Its GSTIN is 03AAFCE8604E1Z1 (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pulkit Srivastava and Inderveer Singh Panesar.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 23 Sector 48 Kendriya Vihar, Chandigarh, India – 160047.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹41.29 Cr (net margin -122.8%) and EBITDA of -₹25.29 Cr (EBITDA margin -75.2%).
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 2 brands: EVage Motors and EVage. Court records list 9 cases involving the company, including 9 filed against it; 7 cases are pending.
Evage Automotive Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-PB-20-0001069). For more details, the company can be reached via its website evage.in.
Company details
CIN U34100CH2020PTC042947
Registration Number 042947
Incorporation Date 04 March 2020
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Parent Company Evage Ventures Private Limited
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-PB-20-0001069
Recognitions & Rankings of Evage Automotive
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-PB-20-0001069
Contact details
Evage Automotive Private Limited's registered office is in Chandigarh, Chandigarh. Its website is evage.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23 Sector 48 Kendriya Vihar, Chandigarh, India – 160047
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Evage Automotive Private Limited, buy the company report.
Comprehensive company report
Evage Automotive 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
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Brands
Evage Automotive operates two associated brands: EVage Motors and EVage. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality electric cargo trucks for commercial applications. | evagemotors.com | |
| Developer of electric commercial vehicles | evage.in |
Business activity
The main business activity of Evage Automotive is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Evage Automotive Private Limited, buy the company report.
Financials of Evage Automotive Private Limited
FY 2024 filings availableEvage Automotive Private Limited reported revenue of ₹33.63 Cr (up 58910% YoY) for FY 2024.
Revenue · FY 2024
₹33.63 Cr ▲ 58910%
Net loss · FY 2024
₹41.29 Cr margin -122.8%
EBITDA · FY 2024
-₹25.29 Cr margin -75.2%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹25.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41.29 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -75.2% | ||||
| Net Profit Margin | -122.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Evage Automotive Private Limited, buy the company report.
Board of directors of Evage Automotive Private Limited
Evage Automotive has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pulkit Srivastava Also directs: Evage Ventures Private Limited, Evage Mobility Private Limited | Director | 04 Mar 2020 | 6 Years 8 Months | Current |
| Inderveer Singh Panesar Also directs: Evage Ventures Private Limited, Evage Mobility Private Limited | Director | 04 Mar 2020 | 6 Years 8 Months | Current |
| Harnoor Kaur | Director | 04 Mar 2020 | 6 Years 8 Months | Current |
Auditor
Evage Automotive Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Evage Automotive Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Evage Automotive Private Limited, buy the company report.
Legal cases
Evage Automotive Private Limited has 9 court cases on record: 9 filed against it. 7 cases are pending and 2 are disposed.
Total cases
9
Filed against the company
9
Pending
7
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 7 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by M/S QH Talbros Pvt Ltd | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by Ms Harindra Industrial Corporation | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Iravati Industries | Pending |
| District court, SAS Nagar, Punjab | Execution petition | Filed against the company by M/S Supertech Enterprises | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Pending |
To see the full case history of Evage Automotive Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evage Automotive Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evage Automotive Private Limited has a workforce of 1 employees on its EPFO records as of Nov 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-99.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 1 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Evage Automotive Private Limited, buy the company report.
GST
Evage Automotive has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCE8604E1Z1 | Punjab | Active | 25 Mar 2020 |
| 06AAFCE8604E1ZV | Haryana | Active | 01 Apr 2023 |
To see the full GST registrations and return filing status of Evage Automotive Private Limited, buy the company report.
Recent activity
Evage Automotive Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Harnoor Kaur was appointed as Director on 04 Mar 2020.
AGM
Evage Automotive Private Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records.
Filing
Evage Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Appointed
Harnoor Kaur was appointed as Director.
Appointed
Inderveer Singh Panesar was appointed as Director.
Appointed
Pulkit Srivastava was appointed as Director.
Incorporation
04 Mar 2020
Evage Automotive Private Limited was registered on 04 Mar 2020 with Roc Chandigarh & aged 6 years 8 months as per MCA records.
Frequently asked questions
Evage Automotive is an active private limited company based in Chandigarh, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 04 March 2020 (6+ years old) and is registered under CIN U34100CH2020PTC042947.
Evage Automotive has 3 current directors:
- Pulkit Srivastava - Director
- Inderveer Singh Panesar - Director
- Harnoor Kaur - Director
The latest financial statements of Evage Automotive on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Evage Automotive is 03AAFCE8604E1Z1, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAFCE8604E1ZV (Haryana).
The CIN (Corporate Identification Number) of Evage Automotive is U34100CH2020PTC042947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evage Automotive has 9 court cases on record: 9 filed against it. 7 are pending.
Evage Automotive was incorporated on 04 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
Harnoor Kaur was appointed as Director on 04 Mar 2020. Inderveer Singh Panesar was appointed as Director on 04 Mar 2020. Pulkit Srivastava was appointed as Director on 04 Mar 2020.
Yes, Evage Automotive is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Evage Automotive is registered as an MSME under Udyam registration (number: UDYAM-PB-20-0001069).
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