MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0158465
Ambition Electric Private Limited
Ambition Electric Private Limited - trading in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹37.29 Cr
▲ 20% YoY
Net profit · FY 2024
₹74.52 Lakh
Net margin 2%
EBITDA · FY 2024
₹1.53 Cr
EBITDA margin 4.1%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹3.95 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
13
Provident fund records
About Ambition Electric Private Limited
Data last updated:
Ambition Electric Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 25 February 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2022PTC129672. Its GSTIN is 24AAWCA5888K1ZR (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Bharti Nitesh Ladva and Nitesh Karshanbhai Ladva.
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 Office No. 506 Shilp Arcade, Nr. Mahakali Petrol Pump S P Ring Road Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.29 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹74.52 Lakh (net margin 2%) and EBITDA of ₹1.53 Cr (EBITDA margin 4.1%).
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.95 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending.
Ambition Electric Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0158465). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909GJ2022PTC129672
Registration Number 129672
Incorporation Date 25 February 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0158465
Recognitions & Rankings of Ambition Electric
Contact details
Ambition Electric Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 506 Shilp Arcade, Nr. Mahakali Petrol Pump S P Ring Road Ahmedabad, Gujarat, India – 382330
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Ambition Electric Private Limited, buy the company report.
Comprehensive company report
Ambition Electric 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 Ambition Electric is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ambition Electric Private Limited, buy the company report.
Financials of Ambition Electric Private Limited
FY 2025 filings availableAmbition Electric Private Limited reported revenue of ₹37.29 Cr (up 20% YoY) for FY 2024.
Revenue · FY 2024
₹37.29 Cr ▲ 20%
Net profit · FY 2024
₹74.52 Lakh margin 2%
EBITDA · FY 2024
₹1.53 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
EBITDA CAGR growth
1 year
▲ 91%
Revenue rose 20% in the latest year. EBITDA rose 91% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.53 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹74.52 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.1% | ||
| Net Profit Margin | 2% | ||
| 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 Ambition Electric Private Limited, buy the company report.
Board of directors of Ambition Electric Private Limited
Ambition Electric has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharti Nitesh Ladva | Director | 13 Aug 2022 | 4 Years 2 Months | Current |
| Nitesh Karshanbhai Ladva Also directs: Veriton Pharma Private Limited | Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Patel Hardik | Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Khushbu Hardik Patel | Director | 25 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Ambition Electric Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Priyesh Impex Private Limited | ₹37.31 Cr (FY 2025) | 1522.0% | Kota, Rajasthan, India | |||
| Mereddy Motors Private Limited | ₹37.31 Cr (FY 2025) | 33.0% | Secunderabad, Telangana, India | |||
| Landmark Infonet Private Limited | ₹37.3 Cr (FY 2024) | 12.0% | New Delhi, Delhi, India | |||
| Ramshyam Home Tex Private Limited | ₹37.3 Cr (FY 2025) | 9.0% | Ahmedabad, Gujarat, India | |||
| Ambition Electric Private Limitedthis company | ₹37.29 Cr (FY 2024) | ₹74.52 Lakh | 2% | 20.0% | Ahmedabad, Gujarat, India | |
| Raw Jute Trading & Industries Limited. | ₹37.29 Cr (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Shreeji Filaments Private Limited | ₹37.28 Cr (FY 2025) | 27.0% | Surat, Gujarat, India | |||
| L. K. Vyapaar Private Limited | ₹37.27 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Techno Commercial Company Private Limited | ₹37.27 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Tirupati Balaji Steels Private Limited | ₹37.27 Cr (FY 2024) | -16.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Ambition Electric Private Limited, buy the company report.
Auditor
Ambition Electric Private Limited is audited by F C N & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| F C N & ASSOCIATES | FY 2023 | 179664 |
Shareholding
The shareholding of Ambition Electric Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ambition Electric Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2023 | 100854300 | Others | ₹3.72 Cr | Open | |
| 18 Apr 2023 | 100745361 | Hdfc Bank Limited | ₹22.97 Lakh | Open |
To see the full charge records of Ambition Electric Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ambition Electric Private Limited has 5 court cases on record: 5 filed by Ambition Electric. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
5
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 2 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Prayan Electrical and Automation Pvt. Ltd. and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Prayan Electrical and Automation Pvt. Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Ambition Electric Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ambition Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ambition Electric has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCA5888K1ZR | Gujarat | Active | 04 Apr 2022 |
To see the full GST registrations and return filing status of Ambition Electric Private Limited, buy the company report.
Recent activity
Ambition Electric Private Limited has 4 board changes on record since 2022: 4 appointments. The latest: Bharti Nitesh Ladva was appointed as Director on 13 Aug 2022.
AGM
Ambition Electric Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ambition Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 3.72 Cr registered on 06 Oct 2023 with Charge ID 100854300 was modified on 11 Sep 2024.
Charges
A charge with Others amounted to Rs. 3.72 Cr with Charge ID 100854300 was registered on 06 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100745361 was registered on 18 Apr 2023.
Appointed
Bharti Nitesh Ladva was appointed as Director.
Appointed
Khushbu Hardik Patel was appointed as Director.
Appointed
Nitesh Karshanbhai Ladva was appointed as Director.
Appointed
Patel Hardik was appointed as Director.
Incorporation
25 Feb 2022
Ambition Electric Private Limited was registered on 25 Feb 2022 with Roc Ahmedabad & aged 4 years 8 months as per MCA records.
Frequently asked questions
Ambition Electric is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other wholesale, within the trading industry. It was incorporated on 25 February 2022 (4+ years old) and is registered under CIN U51909GJ2022PTC129672.
Ambition Electric has 4 current directors:
- Bharti Nitesh Ladva - Director
- Nitesh Karshanbhai Ladva - Director
- Patel Hardik - Director
- Khushbu Hardik Patel - Director
The latest financial statements of Ambition Electric 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 Ambition Electric is 24AAWCA5888K1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Ambition Electric is U51909GJ2022PTC129672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ambition Electric has 5 court cases on record: 5 filed by the company. 2 are pending.
Ambition Electric was incorporated on 25 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ambition Electric by revenue are Priyesh Impex Private Limited, Mereddy Motors Private Limited, Landmark Infonet Private Limited, Ramshyam Home Tex Private Limited, Raw Jute Trading & Industries Limited. and 4 more, all in the same principal business activity (wholesale trading).
Bharti Nitesh Ladva was appointed as Director on 13 Aug 2022. Khushbu Hardik Patel was appointed as Director on 25 Feb 2022. Nitesh Karshanbhai Ladva was appointed as Director on 25 Feb 2022. Ambition Electric has 4 board changes on record in total.
Yes, Ambition Electric is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0158465).
The registered office of Ambition Electric is at Office No. 506 Shilp Arcade, Nr. Mahakali Petrol Pump S P Ring Road Ahmedabad, Gujarat, India – 382330.
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