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Green Shuttle Technology Private Limited - automotive in Khed, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.29 Cr
▲ 82% YoY
Net profit · FY 2025
₹17.62 Lakh
Net margin 3.3%
EBITDA · FY 2025
₹19.9 Lakh
EBITDA margin 3.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Green Shuttle Technology Private Limited
Data last updated:
Green Shuttle Technology Private Limited is a private limited company based in Khed, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 13 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34100PN2018PTC175333. Its GSTIN is 27AAHCG2192B1ZU (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Sun Qiang and Wu Zhisheng.
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 Khed, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.29 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹17.62 Lakh (net margin 3.3%) and EBITDA of ₹19.9 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 62% over five years.
Green Shuttle Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0022894). For more details, the company can be reached via its website greenshuttletech.in.
Company details
CIN U34100PN2018PTC175333
Registration Number 175333
Incorporation Date 13 March 2018
ROC Pune
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0022894
Key People
Deven Dattatraya Mehetre Additional Director Sun Qiang Director Dattatraya Rambhau Mehetre Additional Director Recognitions & Rankings of Green Shuttle Technology
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0022894
Contact details
Green Shuttle Technology Private Limited's registered office is in Khed, Maharashtra. Its website is greenshuttletech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No. 101 Near Om Logistics, Nashik – Pune Highway, Khed, Maharashtra, India – 412105
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Green Shuttle Technology Private Limited, buy the company report.
Comprehensive company report
Green Shuttle Technology 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 activities of Green Shuttle Technology are manufacturing and professional, scientific and technical. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| 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 | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Green Shuttle Technology Private Limited, buy the company report.
Financials of Green Shuttle Technology Private Limited
FY 2025 filings availableGreen Shuttle Technology Private Limited reported revenue of ₹5.29 Cr (up 82% YoY) for FY 2025.
Revenue · FY 2025
₹5.29 Cr ▲ 82%
Net profit · FY 2025
₹17.62 Lakh margin 3.3%
EBITDA · FY 2025
₹19.9 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 82%
3 years · compounded
▲ 25%
5 years · compounded
▲ 62%
EBITDA CAGR growth
1 year
▲ 188%
3 years · compounded
▼ 21%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 82% growth in the latest year. EBITDA rose 188% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.62 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Green Shuttle Technology Private Limited, buy the company report.
Board of directors of Green Shuttle Technology Private Limited
Green Shuttle Technology has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deven Dattatraya Mehetre Also directs: KXT Automobile Private Limited | Additional Director | 26 Jul 2024 | 2 Years 3 Months | Current |
| Sun Qiang | Director | 13 Mar 2018 | 8 Years 8 Months | Current |
| Dattatraya Rambhau Mehetre | Additional Director | 24 Oct 2022 | 4 Years 0 Months | Current |
| Wu Zhisheng | Director | 13 Mar 2018 | 8 Years 8 Months | Current |
| Charan Raju Vikram Also directs: Quick Turn Consultancy Solutions Private Limited | Additional Director | 03 Oct 2025 | 1 Years 1 Months | Current |
Peer comparison
Green Shuttle Technology Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elec Torq Technologies Private Limited | ₹5.3 Cr (FY 2024) | 568.0% | New Delhi, Delhi, India | |||
| Green Shuttle Technology Private Limitedthis company | ₹5.29 Cr (FY 2025) | ₹17.62 Lakh | 3.3% | 82.0% | Khed, Maharashtra, India | |
| Palis Eco Vehicles Private Limited | ₹5.2 Cr (FY 2024) | 93.0% | Bangalore, Karnataka, India | |||
| White Carbon Motors Private Limited | ₹5.18 Cr (FY 2025) | 25.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Green Shuttle Technology Private Limited, buy the company report.
Auditor
Green Shuttle Technology Private Limited is audited by AKASHJAYANTBAHETI for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKASHJAYANTBAHETI | FY 2022 | 175797 |
Shareholding
The shareholding of Green Shuttle Technology 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Green Shuttle Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Green Shuttle Technology 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
Green Shuttle Technology Private Limited has 5 MSME Form 1 returns on record between 2020 and 2022, listing 12 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pragati Paints and Allied Products | |||
| an individual supplier | |||
| an individual supplier | |||
| BTSL Automotive India Private Limited | |||
| Agvenus Die Casting |
To see the full MSME payment records of Green Shuttle Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Green Shuttle Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG2192B1ZU | Maharashtra | Active | 17 May 2018 |
To see the full GST registrations and return filing status of Green Shuttle Technology Private Limited, buy the company report.
Recent activity
Green Shuttle Technology Private Limited has 8 board changes on record since 2018: 5 appointments and 3 cessations. The latest: Charan Raju Vikram was appointed as Additional Director on 03 Oct 2025.
Appointed
Charan Raju Vikram was appointed as Additional Director.
AGM
Green Shuttle Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Green Shuttle Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Deven Dattatraya Mehetre was appointed as Additional Director.
Appointed
Dattatraya Rambhau Mehetre was appointed as Additional Director.
Ceased
Bhushan Prabhakar Navarkar ceased to be Additional Director.
Ceased
Pandurang Punja Avhad ceased to be Additional Director.
Ceased
Varsha Balamurugan ceased to be Director.
Appointed
Sun Qiang was appointed as Director.
Appointed
Wu Zhisheng was appointed as Director.
Incorporation
13 Mar 2018
Green Shuttle Technology Private Limited was registered on 13 Mar 2018 with Roc Pune & aged 8 years 8 months as per MCA records.
Frequently asked questions
Green Shuttle Technology is an active private limited company based in Khed, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 13 March 2018 (8+ years old) and is registered under CIN U34100PN2018PTC175333.
Green Shuttle Technology has 5 current directors:
- Deven Dattatraya Mehetre - Additional Director
- Sun Qiang - Director
- Dattatraya Rambhau Mehetre - Additional Director
- Wu Zhisheng - Director
- Charan Raju Vikram - Additional Director
The latest financial statements of Green Shuttle Technology 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 2018 are in the company report.
The GSTIN of Green Shuttle Technology is 27AAHCG2192B1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Green Shuttle Technology is U34100PN2018PTC175333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Green Shuttle Technology was incorporated on 13 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Green Shuttle Technology by revenue are Elec Torq Technologies Private Limited, Palis Eco Vehicles Private Limited, White Carbon Motors Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Charan Raju Vikram was appointed as Additional Director on 03 Oct 2025. Deven Dattatraya Mehetre was appointed as Additional Director on 26 Jul 2024. Dattatraya Rambhau Mehetre was appointed as Additional Director on 24 Oct 2022. Green Shuttle Technology has 8 board changes on record in total.
Yes, Green Shuttle Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Green Shuttle Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0022894).
Green Shuttle Technology has 5 MSME Form 1 returns on record between 2020 and 2022, listing 12 overdue payments to 7 micro and small suppliers. The latest return was filed on 28 Apr 2022.
Green Shuttle Technology can be reached through the website greenshuttletech.in. Its registered office is in Khed, Maharashtra, India.
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