About BuyElectric
BuyElectric is a company based in Vadodara (India) founded in 2015 by Bhavin Shah. It operates as a B2C and D2C. The company has 34 employees. BuyElectric offers products and services including Switches, Fans, Cables, and Safety Products. BuyElectric operates in a competitive market with competitors including Evelta, Distrelec, ElecTrade, ElectronicsComp and LockTheDeal, among others.
- Headquarter Vadodara, India
- Employees 34
- Founders Bhavin Shah
- SectorsRetail
- Email••••••••
- Website buyelectric.com
- Social LinkedIn X Facebook YouTube
- Legal Name Green Electricals Private Limited
- Date of Incorporation 25 May, 2005
- Jurisdiction Vadodara, Gujarat, India
- Annual Revenue₹161 Cr
FY 2024 · +7% YoY
- Net Profit₹1.90 Cr
FY 2024 · 1% margin
- EBITDA₹5.45 Cr
FY 2024 · 3% margin
- Employee Count34
Associated legal entities of BuyElectric
BuyElectric operates through Green Electricals Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Green Electricals Private Limited CIN U52335GJ2005PTC046129 | Active | 25 May 2005 | Vadodara, Gujarat | ₹161 Cr | 34 | 4 | View details |
Products & Services of BuyElectric
BuyElectric offers a comprehensive portfolio of products and services, including Switches, Fans, Cables, and Safety Products.
Devices for controlling electrical circuits in homes
Ventilation solutions including ceiling and wall fans
Wires and connectors for electrical installations
Protective gear like gloves and helmets for electrical work
Apps and channels of BuyElectric
its YouTube channel Buy Electric has 18 subscribers.
Board of directors of Green Electricals Private Limited (BuyElectric)
Green Electricals Private Limited is the primary company behind BuyElectric. The board of Green Electricals Private Limited currently have 4 directors; the longest-serving is Bhavin Shah Girishchandra, appointed in 2005. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhavin Shah Girishchandra DIN 01120968 | Director | 25 May 2005 | 21 yrs 4 mo | Green Electricals Private Limited |
| Arpit Bhanuprasad Choksi DIN 03332264 | Director | 30 Sep 2017 | 9 yrs | Green Electricals Private Limited |
| Hirna Shah Bhavin DIN 05249609 | Director | 30 Sep 2017 | 9 yrs | Green Electricals Private Limited |
| Prajal Rajukumar Parikh DIN 11156700 | Director | 30 Sep 2025 | 1 yr | Green Electricals Private Limited |
People of BuyElectric
1 people are tracked at BuyElectric (1 in leadership); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership |
Complete people profiles for BuyElectric
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Financials of BuyElectric
Figures of Green Electricals Private Limited, the primary company behind BuyElectric, for FY 2024. Revenue was ₹161 Cr (+7% year on year). Net profit was ₹1.90 Cr (1% margin). EBITDA was ₹5.45 Cr (3% margin). Revenue has grown at a compounded annual rate of +24% over three years and +14% over five years.
- ₹161 CrRevenue · FY 2024 · +7% YoY
- ₹1.90 CrNet profit · 1% margin
- ₹5.45 CrEBITDA · 3% margin
- ₹26 LakhPaid-up capital
- 34Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Green Electricals Private Limited are on its company page.
Detailed financial statements for BuyElectric
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of BuyElectric
BuyElectric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Evelta, Distrelec, ElecTrade, ElectronicsComp and LockTheDeal, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| evelta.com | 2012 | Mumbai, India | – | 189 | Online retailer of electronic components and development boards. | |
| distrelec.com | 1973 | Nanikon, Switzerland | – | – | Electronic and technical products are distributed online. | |
| electrade.in | 2019 | Delhi, India | – | 13 | Provider of electronic components including passive components, ICs, optoelectronics, discrete semiconductors, and electromechanical products | |
| electronicscomp.com | 2015 | Bengaluru, India | $42,439 | 1 | Electronic components and related products are retailed online. | |
| lockthedeal.com | 2016 | Gurugram, India | $2.79M | 112 | End-to-end distribution services for retailers are facilitated online. | |
| eleczo.com | 2016 | Bengaluru, India | – | 60 | Operates as a B2B distributor of electrical components and devices. |
Detailed competitors of BuyElectric
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of BuyElectric
The website of BuyElectric (buyelectric.com) receives about 5K visits a month.
- Monthly visits5K
▼ 36.6% vs previous month
Similar companies to BuyElectric
10 companies that operate in the same segment as BuyElectric (Consumer Electronics E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore | USD 721.47 M | USD 22.94 B | 80,700 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Refurbished and new gadgets are offered through an online marketplace. | 2009 | Gurugram, Haryana, India | USD 130.05 M | USD 99.25 M | 1,264 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Multi-category consumer electronics are offered through an internet-first model. | 2010 | Beijing, China | USD 1.45 B | USD 63.71 B | 43,690 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | – | – | |
Personal audio products, wearables, and mobile accessories are retailed. | 2016 | Gurugram, Haryana, India | USD 171.3 M | USD 366.28 M | 471 | |
Smartwatches and fitness trackers are provided for activity monitoring. | 2007 | San Francisco, California, United States | USD 65.05 M | USD 3.88 | – | |
Energy-efficient ceiling fans and smart home appliances are provided. | 2012 | Mumbai, Maharashtra, India | USD 119.2 M | USD 101.01 M | 770 |
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Frequently Asked Questions about BuyElectric
BuyElectric was founded in 2015.
BuyElectric is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Bhavin Shah is the current CEO of BuyElectric. They have also founded this company.
BuyElectric has 34 employees.
The primary company behind BuyElectric, Green Electricals Private Limited, reported revenue of ₹161 Cr for FY 2024, up 7% year on year.
Buyelectric.com operates as an e-commerce platform offering a wide range of electrical items like switches, fans, cables, and safety equipment. It facilitates online shopping with delivery options across India, featuring brands such as Polycab and Havells. Based in Vadodara, Gujarat, it provides customer support and aims to make electrical products accessible at competitive prices.
BuyElectric's top competitors include Distrelec, Evelta and ElectronicsComp.
BuyElectric offers Switches, Fans, Cables, and Safety Products.
BuyElectric operates through Green Electricals Private Limited.
The legal entities of BuyElectric currently have 4 directors, including Arpit Bhanuprasad Choksi, Bhavin Shah Girishchandra, Hirna Shah Bhavin and others.