About Arago Electric Private Limited
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Arago Electric Private Limited is a private limited company based in Nerul, 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 07 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74995MH2018PTC310472. Its GSTIN is 27AAQCA9975R1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akshay Jagtap and Chandrakant Prahlad Jagtap.
Its last annual general meeting (AGM) was held on 31 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat C – 101 Balaji Towers Chs Sector 22 Plot No. 8, Nerul, Maharashtra, India – 400706.
The company is associated with 1 brand: Arago Electric.
For more details, the company can be reached via its website aragoelectric.in.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat C – 101 Balaji Towers Chs Sector 22 Plot No. 8, Nerul, Maharashtra, India – 400706
- 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
- One PDF report, delivered after checkout
Business Activity of Arago Electric Private Limited
The main business activity of Arago Electric is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| 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 |
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.
Financials of Arago Electric Private Limited FY 2019 filings available
Arago Electric Private Limited reported revenue of ₹2,500 (down 99% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Arago Electric Private Limited
Revenue fell 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Arago Electric Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹2,500 | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | •••• | •••• |
| 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 Arago Electric Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| 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 Arago Electric are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Arago Electric Private Limited
Arago Electric Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivi Electric Vehicles Private Limited | ₹4.56 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | Jaipur, Rajasthan, India |
| M Two Evheels (OPC) Private Limited | ₹4.51 Lakh (FY 2024) | •••• | •••• | -88.0% | •••• | Kanayannur, Kerala, India |
| Renmatrix Solar Power Private Limited | ₹4.48 Lakh (FY 2024) | •••• | •••• | -90.0% | •••• | Delhi, India |
| Verge Motors Private Limited | ₹4.4 Lakh (FY 2021) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Astro Motors Private Limited | ₹4.35 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Mumbai, Maharashtra, India |
| Pashupatinath Motors Private Limited | ₹4.29 Lakh (FY 2019) | •••• | •••• | -89.0% | •••• | Delhi, India |
| Spurt Electric Limited | ₹4.26 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| Ferrstron Powertrains Private Limited | ₹3.96 Lakh (FY 2025) | •••• | •••• | 2362.0% | •••• | Pune City, Maharashtra, India |
| Evsay Global Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | •••• | Palam Road, Haryana, India | |
| Airgap Technology Private Limited | ₹3.91 Lakh (FY 2024) | •••• | •••• | •••• | Hyd, Telangana, India | |
| Arago Electric Private Limited this company | ₹2,500 (FY 2020) | •••• | •••• | -99.0% | •••• | Nerul, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Arago Electric by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Arago Electric Private Limited
Arago Electric has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Jagtap | Director | 07 Jun 2018 | 8 Years 4 Months | Current |
| Chandrakant Prahlad Jagtap | Director | 07 Jun 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Arago Electric 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 Arago Electric Private Limited
Arago Electric Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Arago Electric Private Limited
Arago Electric operates one associated brand: Arago Electric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric vehicle components such as motors and converters are developed. | aragoelectric.in |
Employees and EPFO Compliance at Arago Electric Private Limited
Employment history and EPFO contributions of people linked to Arago Electric.
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.
Recent Activity on Arago Electric Private Limited
Arago Electric Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Akshay Jagtap was appointed as Director on 07 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for Arago Electric 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 Arago Electric 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 Arago Electric 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.
GST Compliance of Arago Electric Private Limited
Arago Electric has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA9975R1Z9 | Maharashtra | Active | 05 Sep 2018 |
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.
MCA Filings & Documents of Arago Electric 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.
Frequently Asked Questions about Arago Electric Private Limited
Arago Electric is an active private limited company based in Nerul, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 07 June 2018 (8+ years old) and is registered under CIN U74995MH2018PTC310472.
Arago Electric has 2 current directors:
- Akshay Jagtap - Director
- Chandrakant Prahlad Jagtap - Director
The GSTIN of Arago Electric is 27AAQCA9975R1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Arago Electric is U74995MH2018PTC310472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arago Electric was incorporated on 07 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Arago Electric by revenue are Shivi Electric Vehicles Private Limited, M Two Evheels (OPC) Private Limited, Renmatrix Solar Power Private Limited, Verge Motors Private Limited, Astro Motors Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Akshay Jagtap was appointed as Director on 07 Jun 2018. Chandrakant Prahlad Jagtap was appointed as Director on 07 Jun 2018.
Yes, Arago Electric is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Arago Electric can be reached through the website aragoelectric.in. Its registered office is in Nerul, Maharashtra, India.
The registered office of Arago Electric is at Flat C – 101 Balaji Towers Chs Sector 22 Plot No. 8, Nerul, Maharashtra, India – 400706.
Arago Electric has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.