Accelerating EV Adoption Private Limited
About Accelerating EV Adoption Private Limited
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Accelerating EV Adoption Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Lithium Urban Technologies Private Limited and recognised as a startup by DPIIT. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 29 July 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50500KA2022PTC164467. Its GSTIN is 29AAXCA4193Q1ZG (Karnataka). The company holds 5 GST registrations, of which 4 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 Don John Thomas and Namrata Suri.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.158 1st Floor Seetaramapalya Village Mahadevapura Kr Purum Hobli, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.32 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹10.57 Lakh (net margin -12.1%) and EBITDA of ₹84.12 Lakh (EBITDA margin 96.3%).
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- Registered AddressNo.158 1st Floor Seetaramapalya Village Mahadevapura Kr Purum Hobli, Bangalore, Karnataka, India – 560048
- IndustryAutomotive, Auto Dealership & Trading
- 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
- One PDF report, delivered after checkout
Business Activity of Accelerating EV Adoption Private Limited
The main business activity of Accelerating EV Adoption is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Accelerating EV Adoption Private Limited
Accelerating EV Adoption Private Limited is audited by Kushagra & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kushagra & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Accelerating EV Adoption Private Limited
Accelerating EV Adoption has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Don John Thomas Also directs: Next Sedai Charge Private Limited, Emisinol Evpower Fleet Private Limited, Hijau Ecoriders Services Private Limited and 2 more | Director | 28 Oct 2024 | 1 Years 11 Months | Current |
| Namrata Suri Also directs: Next Sedai Charge Private Limited, Emisinol Evpower Fleet Private Limited, Hijau Ecoriders Services Private Limited and 2 more | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
| Shishir Maheshwari Also directs: Next Sedai Charge Private Limited, GC Smart MP Private Limited, GC Smart Puducherry Private Limited and 5 more | Director | 23 Oct 2023 | 2 Years 11 Months | Current |
Financials of Accelerating EV Adoption Private Limited FY 2025 filings available
Accelerating EV Adoption Private Limited reported revenue of ₹87.32 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Accelerating EV Adoption Private Limited
Revenue fell 4% in the latest year. EBITDA rose 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Accelerating EV Adoption Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹84.12 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.57 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 of Accelerating EV Adoption Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 96.3% | •••• | •••• |
| Net Profit Margin | -12.1% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Accelerating EV Adoption are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Accelerating EV Adoption Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Accelerating EV Adoption Private Limited
Accelerating EV Adoption Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Accelerating EV Adoption Private Limited
Accelerating EV Adoption Private Limited has a workforce of 0 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Accelerating EV Adoption Private Limited
Accelerating EV Adoption has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCA4193Q1ZG | Karnataka | Active | 11 Sep 2022 |
| 36AAXCA4193Q1ZL | Telangana | Active | 28 Sep 2022 |
| 23AAXCA4193Q1ZS | Madhya Pradesh | Active | 07 Oct 2022 |
| 33AAXCA4193Q1ZR | Tamil Nadu | Active | 01 Nov 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Accelerating EV Adoption Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Accelerating EV Adoption Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Accelerating EV Adoption Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Accelerating EV Adoption Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Accelerating EV Adoption Private Limited
Frequently Asked Questions about Accelerating EV Adoption Private Limited
Accelerating EV Adoption is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 29 July 2022 (4+ years old) and is registered under CIN U50500KA2022PTC164467.
Accelerating EV Adoption reported revenue of ₹87.32 Lakh for FY 2025 (down 4% YoY).
Accelerating EV Adoption has 3 current directors:
- Don John Thomas - Director
- Namrata Suri - Director
- Shishir Maheshwari - Director
Accelerating EV Adoption reported a net loss of ₹10.57 Lakh (net margin -12.1%) and EBITDA of ₹84.12 Lakh (EBITDA margin 96.3%) for FY 2025, as per its filed financial statements.
The GSTIN of Accelerating EV Adoption is 29AAXCA4193Q1ZG, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAXCA4193Q1ZL (Telangana), 23AAXCA4193Q1ZS (Madhya Pradesh), 33AAXCA4193Q1ZR (Tamil Nadu).
The CIN (Corporate Identification Number) of Accelerating EV Adoption is U50500KA2022PTC164467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accelerating EV Adoption was incorporated on 29 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Accelerating EV Adoption is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Accelerating EV Adoption is at No.158 1st Floor Seetaramapalya Village Mahadevapura Kr Purum Hobli, Bangalore, Karnataka, India – 560048.