About Riband Electric
Riband Electric was a Transportation, Automotive & Logistics company based in India. It produces high-quality electric rickshaws for various applications. It operates on a B2B model. Its Indian entity Riband Electric Private Limited reported revenue of ₹5.95 Cr. The company is recorded as dissolved. Its focus areas include Manufacturing, Automotive, Electric Vehicles and Rickshaws. Its competitors include TI Clean Mobility, 3evi and ETO Motors; 3 of its 3 listed competitors have raised funding.
Company details
Riband Electric produces high-quality electric rickshaws for various applications through producing manufactured goods, dealing with automotive parts, developing electric vehicles, and rickshaws. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters India
- SectorsTransportation, Automotive & Logistics
- Website ribandelectric.com
- Legal Name Riband Electric Private Limited
- Date of Incorporation 28 Dec, 2018
- Jurisdiction Gorakpur, Uttar Pradesh, India
- Annual Revenue₹5.95 Cr
FY 2024 · -21% YoY
- Net Profit₹5 Lakh
FY 2024 · 1% margin
- EBITDA₹16.8 Lakh
FY 2024 · 3% margin
Associated legal entities of Riband Electric
Riband Electric operates through Riband Electric 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 |
|---|---|---|---|---|---|---|---|
| Riband Electric Private Limited CIN U34102UP2018PTC111732 | Active | 28 Dec 2018 | Gorakhpur, Uttar Pradesh | ₹5.9 Cr | 2 | View details |
Board of directors of Riband Electric Private Limited (Riband Electric)
Riband Electric Private Limited is the primary company behind Riband Electric. The board of Riband Electric Private Limited currently have 2 directors; the longest-serving is Ritesh Kumar Jaiswal, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ritesh Kumar Jaiswal DIN 08315450 | Director | 28 Dec 2018 | 7 yrs 10 mo | Riband Electric Private Limited |
| Mukesh Kumar Jaiswal DIN 08315449 | Director | 28 Dec 2018 | 7 yrs 10 mo | Riband Electric Private Limited |
Financials of Riband Electric
Figures of Riband Electric Private Limited, the primary company behind Riband Electric, for FY 2024. Revenue was ₹5.95 Cr (-21% year on year). Net profit was ₹5 Lakh (1% margin). EBITDA was ₹16.8 Lakh (3% margin). Revenue has grown at a compounded annual rate of +272% over three years.
- ₹5.95 CrRevenue · FY 2024 · -21% YoY
- ₹5 LakhNet profit · 1% margin
- ₹16.8 LakhEBITDA · 3% margin
- ₹15.9 LakhPaid-up capital
- +272%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Riband Electric Private Limited are on its company page.
Detailed financial statements for Riband Electric
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Verified entity values are shown only after access is granted.
Competitors of Riband Electric
Riband Electric has 3 listed competitors in our database, 3 of them funded. They include TI Clean Mobility, 3evi and ETO Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 2022 | Chennai, India | $519.2M | 530 | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | ||
| 3evi.com | 2019 | Bengaluru, India | $24.64M | 250 | Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | |
| etomotors.com | 2018 | Hyderabad, India | $15.2M | 109 | Online platform offering electric vehicles and fleet management solutions |
Detailed competitors of Riband Electric
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- Full competitor set
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Riband Electric (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Frequently Asked Questions about Riband Electric
Riband Electric is headquartered in India.
The primary company behind Riband Electric, Riband Electric Private Limited, reported revenue of ₹5.95 Cr for FY 2024, down 21% year on year.
Riband Electric produces high-quality electric rickshaws for various applications through producing manufactured goods, dealing with automotive parts, developing electric vehicles, and rickshaws. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Riband Electric's top competitors include ETO Motors, TI Clean Mobility and 3evi.
Riband Electric operates through Riband Electric Private Limited.
The legal entities of Riband Electric currently have 2 directors, including Ritesh Kumar Jaiswal, Mukesh Kumar Jaiswal.