MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0002993
Atul Greentech Private Limited - automotive in Shapar (Veraval), Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹64.41 Cr
▲ 341% YoY
Net loss · FY 2025
₹15.93 Cr
Net margin -24.7%
EBITDA · FY 2025
-₹14.48 Cr
EBITDA margin -22.5%
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹12.93 Cr
Issued & subscribed
Open charges
₹45 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
45
Provident fund records
About Atul Greentech Private Limited
Data last updated:
Atul Greentech Private Limited is a private limited company based in Shapar (Veraval), Gujarat, India, a subsidiary of Atul Auto Ltd. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 28 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2020PTC112350. Its GSTIN is 24AATCA2327G1ZR (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.93 Cr. It is led by directors including Divya Maheshbhai Chandra (Whole-Time Director) and Pratik Vijay Kedia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O. Atul Auto Limited S.N.86 Plot 1 – 4 8B National Highway Nr Microwave Tower, Shapar (Veraval), Gujarat, India – 360024.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15.93 Cr (net margin -24.7%) and EBITDA of -₹14.48 Cr (EBITDA margin -22.5%).
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Atul Greentech. As per MCA filings, the company has open charges of ₹45 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 5 deals on record (3 rights issues, 2 funding rounds), with disclosed funding of ₹22.5 Cr; the latest was in March 2024. Its 6 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 2 larger and 4 smaller; the largest is Engtian Electric Bike Private Limited with revenue of ₹72.36 Cr.
Atul Greentech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0002993). For more details, the company can be reached via its website atulgreentech.co.in.
Company details
CIN U31909GJ2020PTC112350
Registration Number 112350
Incorporation Date 28 January 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Atul Auto Ltd
MSME Classification Medium
Udyam Registration UDYAM-GJ-20-0002993
Key People
Divya Maheshbhai Chandra Whole-Time Director Pratik Vijay Kedia Whole-Time Director Hiren Vasantbhai Patel Director Recognitions & Rankings of Atul Greentech
Contact details
Atul Greentech Private Limited's registered office is in Shapar (Veraval), Gujarat. Its website is atulgreentech.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O. Atul Auto Limited S.N.86 Plot 1 – 4 8B National Highway Nr Microwave Tower, Shapar (Veraval), Gujarat, India – 360024
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Atul Greentech Private Limited, buy the company report.
Comprehensive company report
Atul Greentech 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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Brands
Atul Greentech operates one associated brand: Atul Greentech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric rickshaws are manufactured and developed by Atul Greentech. | atulgreentech.co.in |
Business activity
The main business activity of Atul Greentech is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Atul Greentech Private Limited, buy the company report.
Financials of Atul Greentech Private Limited
FY 2025 filings availableAtul Greentech Private Limited reported revenue of ₹64.41 Cr (up 341% YoY) for FY 2025.
Revenue · FY 2025
₹64.41 Cr ▲ 341%
Net loss · FY 2025
₹15.93 Cr margin -24.7%
EBITDA · FY 2025
-₹14.48 Cr margin -22.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 341%
EBITDA CAGR growth
1 year
▼ 193%
3 years · compounded
▼ 684%
5 years · compounded
▼ 154%
Revenue rose 341% in the latest year. EBITDA fell 193% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹14.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.93 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.5% | ||||
| Net Profit Margin | -24.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Atul Greentech Private Limited, buy the company report.
Board of directors of Atul Greentech Private Limited
Atul Greentech has 5 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 |
|---|---|---|---|---|
| Divya Maheshbhai Chandra | Whole-Time Director | 28 Jan 2020 | 6 Years 8 Months | Current |
| Hiren Vasantbhai Patel Also directs: Atul Green Automotive Private Limited | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
| Jitendra Vallabhdas Adhia Also directs: Atul Green Automotive Private Limited | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
| Pratik Vijay Kedia Also directs: Greater Than Ventures LLP, Greenline Tea & Exports Limited, Dharam Nagar Tea Estate Private Limited and 5 more | Whole-Time Director | 01 Mar 2023 | 3 Years 7 Months | Current |
| Sandip Chakrabarti | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Atul Greentech Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Engtian Electric Bike Private Limited | ₹72.36 Cr (FY 2025) | 102.0% | Kalyan, Maharashtra, India | |||
| Allfine Industries Private Limited | ₹65.59 Cr (FY 2025) | -60.0% | New Delhi, Delhi, India | |||
| Atul Greentech Private Limitedthis company | ₹64.41 Cr (FY 2025) | -₹15.93 Cr | -24.7% | 341.0% | 45 | Shapar (Veraval), Gujarat, India |
| Ohm Global Mobility Private Limited | ₹62.71 Cr (FY 2025) | 464.0% | Chennai, Tamil Nadu, India | |||
| Tork Motors Private Limited | ₹59.57 Cr (FY 2024) | 89.0% | Pune, Maharashtra, India | |||
| Tiranga Autotech India Private Limited | ₹57.56 Cr (FY 2025) | 56.0% | Mumbai, Maharashtra, India | |||
| Hop Electric Mobility Private Limited | ₹56.38 Cr (FY 2024) | -18.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Atul Greentech Private Limited, buy the company report.
Auditor
Atul Greentech Private Limited is audited by Maharishi & Co for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maharishi & Co | FY 2021 | 124872W |
Shareholding
The shareholding of Atul Greentech Private Limited is on record for 4 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 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Atul Greentech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2023 | 100689750 | Yes Bank Limited | ₹30 Cr | Open | |
| 07 Dec 2021 | 100517994 | Others | ₹15 Cr | Open |
To see the full charge records of Atul Greentech Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Atul Greentech Private Limited has 5 deals on record (3 rights issues, 2 funding rounds), with disclosed funding of ₹22.5 Cr; the latest was in March 2024.
Total deals
5
Rights issues
3
Funding rounds
2
Disclosed funding
₹22.5 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹7.5 Cr | Investors: NAV Capital VCC- NAV Capital Emerging Star Fund, 3 individuals |
| Mar 2024 | Rights issue | ₹25 Cr | Investors: Atul Auto Ltd , 2 individuals |
| May 2022 | Funding round | ₹15 Cr | Investors: 2 individuals |
| Oct 2021 | Rights issue | ₹5 Cr | Investors: Atul Auto Ltd |
| Mar 2020 | Rights issue | ₹4.99 Cr | Investors: Atul Auto Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Atul Greentech Private Limited has 3 court cases on record: 1 filed by Atul Greentech, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cachar, Assam | Civil suit | Filed against the company by an individual | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Exxon Mobil Corporation | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against Exxon Mobil Corporation & Anr. | Disposed |
To see the full case history of Atul Greentech 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 Atul Greentech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Atul Greentech Private Limited has a workforce of 45 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
66.67%
GST
Atul Greentech has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCA2327G1ZR | Gujarat | Active | 04 Feb 2020 |
| 03AATCA2327G1ZV | Punjab | Active | 08 May 2023 |
To see the full GST registrations and return filing status of Atul Greentech Private Limited, buy the company report.
Recent activity
Atul Greentech Private Limited has 5 board changes on record since 2020: 5 appointments. The latest: Sandip Chakrabarti was appointed as Director on 07 Aug 2025.
AGM
Atul Greentech Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Appointed
Sandip Chakrabarti was appointed as Director.
Charges
A charge with Others of Rs. 15.00 Cr registered on 07 Dec 2021 with Charge ID 100517994 was modified on 07 Jul 2025.
Filing
Atul Greentech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Yes Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100689750 was registered on 04 Mar 2023.
Appointed
Pratik Vijay Kedia was appointed as Whole-Time Director.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100517994 was registered on 07 Dec 2021.
Appointed
Divya Maheshbhai Chandra was appointed as Whole-Time Director.
Appointed
Hiren Vasantbhai Patel was appointed as Director.
Appointed
Jitendra Vallabhdas Adhia was appointed as Director.
Incorporation
28 Jan 2020
Atul Greentech Private Limited was registered on 28 Jan 2020 with Roc Ahmedabad & aged 6 years 8 months as per MCA records.
News
Frequently asked questions
Atul Greentech is an active private limited company based in Shapar (Veraval), Gujarat, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 28 January 2020 (6+ years old) and is registered under CIN U31909GJ2020PTC112350.
Atul Greentech has 5 current directors:
- Divya Maheshbhai Chandra - Whole-Time Director
- Pratik Vijay Kedia - Whole-Time Director
- Hiren Vasantbhai Patel - Director
- Jitendra Vallabhdas Adhia - Director
- Sandip Chakrabarti - Director
The latest financial statements of Atul Greentech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Atul Greentech is 24AATCA2327G1ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AATCA2327G1ZV (Punjab).
The CIN (Corporate Identification Number) of Atul Greentech is U31909GJ2020PTC112350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atul Greentech has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Atul Greentech was incorporated on 28 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Atul Greentech has 5 deals on record (3 rights issues, 2 funding rounds), with disclosed funding of ₹22.5 Cr; the latest was in March 2024.
The peers of Atul Greentech by revenue are Engtian Electric Bike Private Limited, Allfine Industries Private Limited, Ohm Global Mobility Private Limited, Tork Motors Private Limited, Tiranga Autotech India Private Limited and 1 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Sandip Chakrabarti was appointed as Director on 07 Aug 2025. Pratik Vijay Kedia was appointed as Whole-Time Director on 01 Mar 2023. Divya Maheshbhai Chandra was appointed as Whole-Time Director on 28 Jan 2020. Atul Greentech has 5 board changes on record in total.
Yes, Atul Greentech is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0002993).