MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-DL-02-0019349
First Choice Electric Vehicles Private Limited
First Choice Electric Vehicles Private Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.45 Cr
▼ 46% YoY
Net profit · FY 2025
₹7.03 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹11.42 Lakh
EBITDA margin 2.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
4
GST registered
About First Choice Electric Vehicles Private Limited
Data last updated:
First Choice Electric Vehicles Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 27 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34100DL2021PTC387211. Its GSTIN is 07AAECF7429B1ZU (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shri Ram Singh and Nirmala Devi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor Shop No – 2102 – 03/37 Gali No – 37, Naiwala Estate Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.45 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹7.03 Lakh (net margin 1.6%) and EBITDA of ₹11.42 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 189% over three years.
First Choice Electric Vehicles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0019349).
Company details
CIN U34100DL2021PTC387211
Registration Number 387211
Incorporation Date 27 September 2021
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-DL-02-0019349
Key People
Shri Ram Singh Director Nirmala Devi Director Recognitions & Rankings of First Choice Electric Vehicles
Contact details
First Choice Electric Vehicles Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressGround Floor Shop No – 2102 – 03/37 Gali No – 37, Naiwala Estate Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of First Choice Electric Vehicles Private Limited, buy the company report.
Comprehensive company report
First Choice Electric Vehicles 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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Business activity
The main business activity of First Choice Electric Vehicles 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 First Choice Electric Vehicles Private Limited, buy the company report.
Financials of First Choice Electric Vehicles Private Limited
FY 2025 filings availableFirst Choice Electric Vehicles Private Limited reported revenue of ₹4.45 Cr (down 46% YoY) for FY 2025.
Revenue · FY 2025
₹4.45 Cr ▼ 46%
Net profit · FY 2025
₹7.03 Lakh margin 1.6%
EBITDA · FY 2025
₹11.42 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 189%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 87%
Revenue fell 46% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 189%. EBITDA fell 46% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹11.42 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.03 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.6% | |||
| Net Profit Margin | 1.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of First Choice Electric Vehicles Private Limited, buy the company report.
Board of directors of First Choice Electric Vehicles Private Limited
First Choice Electric Vehicles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shri Ram Singh | Director | 27 Sep 2021 | 5 Years 1 Months | Current |
| Nirmala Devi | Director | 07 Sep 2024 | 2 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving First Choice Electric Vehicles 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 First Choice Electric Vehicles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
First Choice Electric Vehicles Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
Active EPFO establishments
1
GST
First Choice Electric Vehicles has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECF7429B1ZU | Delhi | Active | 12 Oct 2021 |
| 09AAECF7429B1ZQ | Uttar Pradesh | Active | 13 Dec 2021 |
| 10AAECF7429B1Z7 | Bihar | Active | 17 Aug 2022 |
| 06AAECF7429B1ZW | Haryana | Active | 03 Oct 2022 |
To see the full GST registrations and return filing status of First Choice Electric Vehicles Private Limited, buy the company report.
Recent activity
First Choice Electric Vehicles Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Nirmala Devi was appointed as Director on 07 Sep 2024.
AGM
First Choice Electric Vehicles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
First Choice Electric Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Appointed
Nirmala Devi was appointed as Director.
Ceased
Pinki Devi ceased to be Director.
Ceased
Rajiv Vashishta ceased to be Director.
Appointed
Shri Ram Singh was appointed as Director.
Incorporation
27 Sep 2021
First Choice Electric Vehicles Private Limited was registered on 27 Sep 2021 with Roc Delhi Ii & aged 5 years 1 month as per MCA records.
Frequently asked questions
First Choice Electric Vehicles is an active private limited company based in New Delhi, Delhi, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 27 September 2021 (5+ years old) and is registered under CIN U34100DL2021PTC387211.
First Choice Electric Vehicles has 2 current directors:
- Shri Ram Singh - Director
- Nirmala Devi - Director
The latest financial statements of First Choice Electric Vehicles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of First Choice Electric Vehicles is 07AAECF7429B1ZU, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AAECF7429B1ZQ (Uttar Pradesh), 10AAECF7429B1Z7 (Bihar), 06AAECF7429B1ZW (Haryana).
The CIN (Corporate Identification Number) of First Choice Electric Vehicles is U34100DL2021PTC387211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Choice Electric Vehicles was incorporated on 27 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Nirmala Devi was appointed as Director on 07 Sep 2024. Pinki Devi ceased to be Director on 07 Sep 2024. Rajiv Vashishta ceased to be Director on 01 Jul 2022. First Choice Electric Vehicles has 4 board changes on record in total.
Yes, First Choice Electric Vehicles is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-02-0019349).
The registered office of First Choice Electric Vehicles is at Ground Floor Shop No – 2102 – 0337 Gali No – 37, Naiwala Estate Karol Bagh, New Delhi, Delhi, India – 110005.
First Choice Electric Vehicles operates in the automotive industry, in the electrical and bio fuel vehicles segment.
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