About Altigreen Propulsion Labs Private Limited
Data last updated: 09 January 2026
Altigreen Propulsion Labs Private Limited is a private limited company based in Malur, Karnataka, India. It specialises in electrical and bio fuel vehicles, a part of the broader automotive sector. Incorporated on 08 February 2013, the company has been in operation for over 13 years.
Registered with ROC Bangalore under CIN U74900KA2013PTC067796.
Capital: an authorised share capital of ₹2.99 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors Amitabh Saran and Shalendra Kumar Gupta.
Last AGM: 11 September 2024. Financial statements filed for year ended 31 March 2024. Office: 2 Plot No 2.3.4 4Th Phase Industrial Area H Hosakote Village, Lakur Hobli Malur Industrialarea Kolar Karnataka 563160, Karnataka, India – 563160.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.19 Cr, a decline of 81% compared to the previous year.
The company has a workforce of approximately 368 employees as per the latest available data.
The company is associated with 1 brand - Altigreen. As per MCA filings, the company has open charges of ₹28 Cr and satisfied charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altigreen.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address2 Plot No 2.3.4 4Th Phase Industrial Area H Hosakote Village, Lakur Hobli Malur Industrialarea Kolar Karnataka 563160, Karnataka, India – 563160
-
IndustryAutomotive, Electrical and Bio Fuel Vehicles
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Altigreen Propulsion Labs Private Limited
Altigreen Propulsion Labs Private Limited operates one associated brand: Altigreen. These brands represent Altigreen Propulsion Labs Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Electric mobility solutions are offered via indigenous three-wheelers. | altigreen.com |
Competitors & Alternatives of Altigreen Propulsion Labs Private Limited
Brands and companies operating in the same space as Altigreen Propulsion Labs Private Limited include ETO Motors, Montra Electric, 3evi and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
ETO Motors
|
Online platform offering electric vehicles and fleet management solutions | Hyderabad, India, India | 2018 |
Montra Electric
|
Electric three-wheelers are manufactured by Montra Electric in India. | Chennai, India, India | 2020 |
3evi
|
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | Bengaluru, India, India | 2019 |
MLR Auto
|
Manufacturer of electric three-wheelers | Hyderabad, India, India | 2009 |
GMW
|
Platform offering electric mobility solutions | Hyderabad, India, India | 2010 |
Etrio
|
Online platform offering electric vehicles and related mobility solutions | Hyderabad, India, India | 2017 |
TI Clean Mobility
|
Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | Chennai, India, India | 2022 |
Business Activity of Altigreen Propulsion Labs Private Limited
Altigreen Propulsion Labs Private Limited is engaged in principal business activities including manufacturing and support service to organizations, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles, other support services to organizations. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details for Altigreen Propulsion Labs Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Altigreen Propulsion Labs Private Limited
Altigreen Propulsion Labs Private Limited is audited by SR Batliboi and Associates LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SR Batliboi and Associates LLP | Locked | Locked | Locked |
Complete auditor history for Altigreen Propulsion Labs Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Altigreen Propulsion Labs Private Limited
Altigreen Propulsion Labs Private Limited is currently managed by 2 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitabh Saran | Director | 08 Feb 2013 | 13 Years 6 Months | Current |
| Shalendra Kumar Gupta | Director | 08 Feb 2013 | 13 Years 6 Months | Current |
Financials of Altigreen Propulsion Labs Private Limited FY 2024 filings available
Altigreen Propulsion Labs Private Limited reported revenue of ₹23.19 Cr (down 81.00% YoY) for FY 2025.
Ten-year financial statements for Altigreen Propulsion Labs Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Altigreen Propulsion Labs Private Limited
Shareholding and ownership data for Altigreen Propulsion Labs Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Altigreen Propulsion Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2024 | Others | ₹5 Cr | Open |
| 29 May 2023 | State Bank of India | ₹16 Cr | Open |
| 02 May 2023 | Hdfc Bank Limited | ₹7 Cr | Open |
| 10 Mar 2021 | Others | ₹3 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Altigreen Propulsion Labs Private Limited
Altigreen Propulsion Labs Private Limited has a workforce of 368 employees as of Apr 08, 2024.
Employee and EPFO history for Altigreen Propulsion Labs Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Altigreen Propulsion Labs Private Limited
GST registrations and filing compliance for Altigreen Propulsion Labs Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- 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 Altigreen Propulsion Labs Private Limited
Credit ratings, litigation, and regulatory alerts for Altigreen Propulsion Labs Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Altigreen Propulsion Labs Private Limited
MSME payment history for Altigreen Propulsion Labs Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Altigreen Propulsion Labs Private Limited
Corporate group structure for Altigreen Propulsion Labs Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- 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 Altigreen Propulsion Labs Private Limited
MCA filings and documents for Altigreen Propulsion Labs Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Altigreen Propulsion Labs Private Limited
Recent News on Altigreen Propulsion Labs Private Limited
Frequently Asked Questions about Altigreen Propulsion Labs Private Limited
Altigreen Propulsion Labs Private Limited is an active private limited company in the automotive sector based in Malur, Karnataka, India. It was incorporated on 08 February 2013 (13+ years old) and is registered under CIN U74900KA2013PTC067796. The company has 368 employees.
Altigreen Propulsion Labs Private Limited reported revenue of ₹23.19 Cr for FY 2025 (down 81.00% YoY).
The current directors of Altigreen Propulsion Labs Private Limited are:
- Amitabh Saran - Director
- Shalendra Kumar Gupta - Director
The primary industry of Altigreen Propulsion Labs Private Limited is automotive. The company specifically operates in electrical and bio fuel vehicles. The company is currently active in this sector.
Altigreen Propulsion Labs Private Limited can be reached at the registered office: 2 Plot No 2.3.4 4Th Phase Industrial Area H Hosakote Village, Lakur Hobli Malur Industrialarea Kolar Karnataka 563160, Karnataka, India – 563160, or through the website altigreen.com.
The authorised capital is ₹2.99 Cr, and the paid-up capital is ₹2.1 Cr.