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Asis E Motors Private Limited
Asis E Motors Private Limited - automotive in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹92.55 Lakh
▼ 29% YoY
Net profit · FY 2023
₹1.01 Lakh
Net margin 1.1%
EBITDA · FY 2023
₹2.03 Lakh
EBITDA margin 2.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹55 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Asis E Motors Private Limited
Data last updated:
Asis E Motors Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, 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 14 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U34100AP2020PTC114964. Its GSTIN is 37AATCA6825F1ZB (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balavenkata Naga Veni Velangi and Srinivasa Rao Purre.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O Suri Appa Rao M Pisinikada Anakapalle Near Panchathi Office, Visakhapatnam, Andhra Pradesh, India – 531001.
As per the financials filed for FY 2023, the company reported a revenue of ₹92.55 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Lakh (net margin 1.1%) and EBITDA of ₹2.03 Lakh (EBITDA margin 2.2%).
As per MCA filings, the company has open charges of ₹55 Lakh on record.
Company details
CIN U34100AP2020PTC114964
Registration Number 114964
Incorporation Date 14 July 2020
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Asis E Motors
Contact details
Asis E Motors Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Suri Appa Rao M Pisinikada Anakapalle Near Panchathi Office, Visakhapatnam, Andhra Pradesh, India – 531001
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Asis E Motors Private Limited, buy the company report.
Comprehensive company report
Asis E Motors 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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Financials of Asis E Motors Private Limited
FY 2023 filings availableAsis E Motors Private Limited reported revenue of ₹92.55 Lakh (down 29% YoY) for FY 2023.
Revenue · FY 2023
₹92.55 Lakh ▼ 29%
Net profit · FY 2023
₹1.01 Lakh margin 1.1%
EBITDA · FY 2023
₹2.03 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
EBITDA CAGR growth
1 year
▲ 22%
Revenue fell 29% in the latest year. EBITDA rose 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹92.55 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.01 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.2% | ||
| Net Profit Margin | 1.1% | ||
| 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 | |||
To see the full financial statements and ratios of Asis E Motors Private Limited, buy the company report.
Board of directors of Asis E Motors Private Limited
Asis E Motors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balavenkata Naga Veni Velangi | Director | 06 Jan 2022 | 4 Years 10 Months | Current |
| Srinivasa Rao Purre | Director | 14 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Asis E Motors Private Limited is audited by G C REDDY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G C REDDY & ASSOCIATES | FY 2023 | 010074S |
Shareholding
The shareholding of Asis E Motors Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asis E Motors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹55 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2023 | 100695248 | State Bank of India | ₹55 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Asis E Motors 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 Asis E Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asis E Motors Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Asis E Motors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AATCA6825F1ZB | Andhra Pradesh | Active | 14 Jul 2020 |
To see the full GST registrations and return filing status of Asis E Motors Private Limited, buy the company report.
Recent activity
Asis E Motors Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Naveen Chakravarthi Maddala ceased to be Director on 18 Feb 2023.
AGM
Asis E Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Asis E Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
Ceased
Naveen Chakravarthi Maddala ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 55.00 Lakh with Charge ID 100695248 was registered on 31 Jan 2023.
Appointed
Balavenkata Naga Veni Velangi was appointed as Director.
Appointed
Naveen Chakravarthi Maddala was appointed as Director.
Appointed
Srinivasa Rao Purre was appointed as Director.
Incorporation
14 Jul 2020
Asis E Motors Private Limited was registered on 14 Jul 2020 with Roc Vijayawada & aged 6 years 3 months as per MCA records.
Frequently asked questions
Asis E Motors is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 14 July 2020 (6+ years old) and is registered under CIN U34100AP2020PTC114964.
Asis E Motors has 2 current directors:
- Balavenkata Naga Veni Velangi - Director
- Srinivasa Rao Purre - Director
The latest financial statements of Asis E Motors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Asis E Motors is 37AATCA6825F1ZB, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Asis E Motors is U34100AP2020PTC114964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asis E Motors was incorporated on 14 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Vijayawada.
Naveen Chakravarthi Maddala ceased to be Director on 18 Feb 2023. Balavenkata Naga Veni Velangi was appointed as Director on 06 Jan 2022. Naveen Chakravarthi Maddala was appointed as Director on 14 Jul 2020. Asis E Motors has 4 board changes on record in total.
Yes, Asis E Motors is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Asis E Motors is at CO Suri Appa Rao M Pisinikada Anakapalle Near Panchathi Office, Visakhapatnam, Andhra Pradesh, India – 531001.
Asis E Motors operates in the automotive industry, in the electrical and bio fuel vehicles segment.
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