Shigan eVoltz

Electric vehicle manufacturing and sales for passenger and cargo segments in India.

About Shigan eVoltz

Shigan eVoltz is a Transportation, Automotive & Logistics company. Electric vehicle manufacturing and sales for passenger and cargo segments in India. The company has 34 employees. Its Indian entity Shigan Evoltz Limited reported revenue of β‚Ή11.42 Cr. Shigan eVoltz offers products and services including Electric Rickshaws and Green Cart. Its focus areas include Manufacturing, Electric Mobility, Electric Vehicles and Three-Wheelers.

Company details

Shigan eVoltz Limited is recognized as a pioneer in the electric mobility sector, having been established in 2017 under the Shigan Group to deliver solutions for passenger and carrier segments. A team of skilled professionals is relied upon to produce high-quality electric three-wheelers, which are approved in 19 states and operational in 11 states across more than 100 cities. The companys focus is placed on performance, reliability, and sustainability, supported by a dealer network that ensures after-sales service and market expansion.

  • Employees 34
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website greenrick.com
  • Social Facebook Instagram
  • Legal Name Shigan Evoltz Limited
  • Date of Incorporation 19 Sep, 2017
  • Jurisdiction Delhi, India
Key Metrics
  • Indian entity revenue
    ₹11.42 Cr

    FY 2025 · +38% YoY

  • Indian entity net profit
    ₹26 Lakh

    FY 2025 · 2% margin

  • Indian entity EBITDA
    ₹63.2 Lakh

    FY 2025 · 6% margin

  • Employee Count
    34

Products & Services of Shigan eVoltz

Shigan eVoltz offers a comprehensive portfolio of products and services, including Electric Rickshaws and Green Cart.

Electric Rickshaws
Electric Vehicles

Electric three-wheelers for passenger transport are manufactured and supplied by Shigan eVoltz, focusing on urban mobility needs

Green Cart
Cargo Vehicles

Electric cargo solutions are provided by Shigan eVoltz for last-mile delivery, emphasizing practicality and efficiency

Board of directors of Shigan Evoltz Limited (Shigan eVoltz)

Shigan Evoltz Limited is the primary company behind Shigan eVoltz. The board of Shigan Evoltz Limited currently have 3 directors; the longest-serving is Santosh Agrawal, appointed in 2017. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Santosh Agrawal
DIN 07902320
Director19 Sep 20179 yrs 1 moShigan Evoltz Limited
Gagan Agrawal
DIN 00054879
Director19 Sep 20179 yrs 1 moShigan Evoltz Limited
Shishir Agrawal
DIN 00054871
Director19 Sep 20179 yrs 1 moShigan Evoltz Limited

Financials of Shigan eVoltz

Figures of Shigan Evoltz Limited, the primary company behind Shigan eVoltz, for FY 2025. Revenue was ₹11.42 Cr (+38% year on year). Net profit was ₹26 Lakh (2% margin). EBITDA was ₹63.2 Lakh (6% margin). Revenue has grown at a compounded annual rate of -14% over three years and -8% over five years.

  • ₹11.42 CrRevenue · FY 2025 · +38% YoY
  • ₹26 LakhNet profit · 2% margin
  • ₹63.2 LakhEBITDA · 6% margin
  • ₹5.00 CrPaid-up capital
  • 34Employees (provident fund records)
  • -14%Revenue CAGR, 3 years
  • -8%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Shigan Evoltz Limited are on its company page.

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Frequently Asked Questions about Shigan eVoltz

Shigan eVoltz has 34 employees.

The primary company behind Shigan eVoltz, Shigan Evoltz Limited, reported revenue of β‚Ή11.42 Cr for FY 2025, up 38% year on year.

Shigan eVoltz Limited is recognized as a pioneer in the electric mobility sector, having been established in 2017 under the Shigan Group to deliver solutions for passenger and carrier segments. A team of skilled professionals is relied upon to produce high-quality electric three-wheelers, which are approved in 19 states and operational in 11 states across more than 100 cities. The companys focus is placed on performance, reliability, and sustainability, supported by a dealer network that ensures after-sales service and market expansion.

Shigan eVoltz offers Electric Rickshaws and Green Cart.

Shigan eVoltz operates through Shigan Evoltz Limited.

The legal entities of Shigan eVoltz currently have 3 directors, including Santosh Agrawal, Gagan Agrawal, Shishir Agrawal.

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