
About Valerio Electric Private Limited
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Valerio Electric Private Limited is a private limited company based in New Delhi, Delhi, 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 03 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2020PTC361283. Its GSTIN is 07AAHCV2986L1ZM (Delhi).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.04 Lakh. It is led by directors Sarthak Mahapatra (Whole-Time Director) and Nirav Bhandari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H.No – 39 2nd Floor Pkt – 28 Sector – 24, New Delhi, Delhi, India – 110085.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.13 Lakh. For the same year it recorded a net loss of ₹5.2 Lakh (net margin -63.9%) and EBITDA of -₹4.56 Lakh (EBITDA margin -56.1%).
The company is associated with 2 brands: Valerio Electric and Valerio. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹18.5 Lakh; the latest was in January 2022.
For more details, the company can be reached via its website valerioelectric.com.
Company details
Recognitions & Rankings of Valerio Electric
Contact details
Valerio Electric Private Limited's registered office is in New Delhi, Delhi.
- Social Media
- Apps
- Registered AddressH.No – 39 2nd Floor Pkt – 28 Sector – 24, New Delhi, Delhi, India – 110085
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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
Brands
Valerio Electric operates two associated brands: Valerio Electric and Valerio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a charging point locator app for electric vehicles. | valerio-electric.tech | |
| Online platform offering electric-vehicle charge point-locater services | valerioelectric.com |
Business activity
The main business activity of Valerio Electric 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 Valerio Electric Private Limited, buy the company report.
Financials of Valerio Electric Private Limited
FY 2022 filings availableValerio Electric Private Limited reported revenue of ₹8.13 Lakh for FY 2022.
Financial Statement Summary
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| EBITDA | -₹4.56 Lakh | ||
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| Net Profit (PAT) | -₹5.2 Lakh | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -56.1% | ||
| Net Profit Margin | -63.9% | ||
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To see the full financial statements and ratios of Valerio Electric Private Limited, buy the company report.
Board of directors of Valerio Electric Private Limited
Valerio Electric has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarthak Mahapatra | Whole-Time Director | 03 Feb 2020 | 6 Years 8 Months | Current |
| Nirav Bhandari | Whole-Time Director | 03 Feb 2020 | 6 Years 8 Months | Current |
Deals & funding
Valerio Electric Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹18.5 Lakh; the latest was in January 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round · Seed | ₹18.5 Lakh | Investors: IIMA Ventures (IIMA-CIIE), 3 individuals |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Pilani Innovation & Entrepreneurship Development Society Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Valerio Electric 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 Valerio Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Valerio Electric has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCV2986L1ZM | Delhi | Active | 15 Aug 2021 |
To see the full GST registrations and return filing status of Valerio Electric Private Limited, buy the company report.
Recent activity
Valerio Electric Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Moksh Garg ceased to be Director on 06 Dec 2021.
Frequently asked questions
Valerio Electric 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 03 February 2020 (6+ years old) and is registered under CIN U31909DL2020PTC361283.
Valerio Electric has 2 current directors:
- Sarthak Mahapatra - Whole-Time Director
- Nirav Bhandari - Whole-Time Director
The latest financial statements of Valerio Electric on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Valerio Electric is 07AAHCV2986L1ZM, registered in Delhi.
The CIN (Corporate Identification Number) of Valerio Electric is U31909DL2020PTC361283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Valerio Electric was incorporated on 03 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Valerio Electric has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹18.5 Lakh; the latest was in January 2022.
Moksh Garg ceased to be Director on 06 Dec 2021. Nirav Bhandari ceased to be Director on 06 Dec 2021. Sarthak Mahapatra ceased to be Director on 06 Dec 2021. Valerio Electric has 5 board changes on record in total.
Yes, Valerio Electric is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Valerio Electric can be reached through the website valerioelectric.com. Its registered office is in New Delhi, Delhi, India.

