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Corrit Electric Private Limited - automotive in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.71 Lakh
▼ 89% YoY
Net loss · FY 2025
₹2.6 Cr
Latest filing
EBITDA · FY 2025
-₹2.44 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.63 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
12
Provident fund records
About Corrit Electric Private Limited
Data last updated:
Corrit Electric Private Limited is a private limited company based in Gurgaon, Haryana, 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 03 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U50404HR2020PTC085140. Its GSTIN is 09AAICC6192J1Z6 (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.63 Lakh. It is led by directors Nishan Kapoor and Mayur Misra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plus Offices Solutions Pvt Ltd Plus Offices Landmark Cyber Park, Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.71 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹2.6 Cr and EBITDA of -₹2.44 Cr. Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Corrit Electric. As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 3 cases are pending. The company has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.45 Cr; the latest was in February 2024.
Corrit Electric Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0039895). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website corritelectric.com.
Company details
CIN U50404HR2020PTC085140
Registration Number 085140
Incorporation Date 03 February 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-HR-05-0039895
Key People
Nishan Kapoor Director Mayur Misra Director Recognitions & Rankings of Corrit Electric
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-05-0039895
Contact details
Corrit Electric Private Limited's registered office is in Gurgaon, Haryana. Its website is corritelectric.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlus Offices Solutions Pvt Ltd Plus Offices Landmark Cyber Park Se Ctor, 67, Gurgaon, Haryana, India – 122102
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Corrit Electric Private Limited, buy the company report.
Comprehensive company report
Corrit Electric 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
Corrit Electric operates one associated brand: Corrit Electric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric scooters are designed and manufactured by Corrit Electric. | corritelectric.com |
Business activity
The main business activity of Corrit Electric 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 Corrit Electric Private Limited, buy the company report.
Financials of Corrit Electric Private Limited
FY 2025 filings availableCorrit Electric Private Limited reported revenue of ₹15.71 Lakh (down 89% YoY) for FY 2025.
Revenue · FY 2025
₹15.71 Lakh ▼ 89%
Net loss · FY 2025
₹2.6 Cr
EBITDA · FY 2025
-₹2.44 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 515%
3 years · compounded
▼ 77%
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 89% fall in the latest year. EBITDA fell 515% 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 | -₹2.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.6 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 |
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To see the full financial statements and ratios of Corrit Electric Private Limited, buy the company report.
Board of directors of Corrit Electric Private Limited
Corrit Electric has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishan Kapoor Also directs: Corrit Energy Solar Park Private Limited | Director | 03 Feb 2020 | 6 Years 8 Months | Current |
| Mayur Misra | Director | 03 Feb 2020 | 6 Years 8 Months | Current |
Auditor
Corrit Electric Private Limited is audited by MANOJ SHOBHIT AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SHOBHIT AND ASSOCIATES | FY 2023 | 525152 |
Shareholding
The shareholding of Corrit Electric 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 Corrit Electric Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2022 | 100667902 | State Bank of India | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Corrit Electric Private Limited has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.45 Cr; the latest was in February 2024.
Total deals
8
Funding rounds
6
Secondary share transfers
2
Disclosed funding
₹7.45 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Funding round | ₹5 Cr | Investors: an individual |
| Oct 2023 | Funding round | ₹49.4 Lakh | Investors: Expression Arts and Craft Private Limited, an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Funding round | ₹27.8 Lakh | Investors: Enkay (India) Rubber Co Private Limited |
| Nov 2022 | Funding round | ₹17.4 Lakh | Investors: 2 individuals |
To see the full deal history of Corrit Electric Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Corrit Electric Private Limited has 5 court cases on record: 1 filed by Corrit Electric, 4 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 3 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed by the company against Ark Infosolutions Private Limited | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Ark Infosolutions Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indigrid Technology Pvt. Ltd. | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed against the company by Ms Pricol Limited Rep by Its Company Secretary Mr T G Thamizhanban | Pending |
To see the full case history of Corrit Electric 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 Corrit Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Corrit Electric has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICC6192J1Z6 | Uttar Pradesh | Active | 22 Jul 2020 |
To see the full GST registrations and return filing status of Corrit Electric Private Limited, buy the company report.
Recent activity
Corrit Electric Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Mayur Misra was appointed as Director on 03 Feb 2020.
AGM
Corrit Electric Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Corrit Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with State Bank Of India amounted to Rs. 50.00 Lakh with Charge ID 100667902 was registered on 21 Nov 2022.
Appointed
Mayur Misra was appointed as Director.
Appointed
Nishan Kapoor was appointed as Director.
Incorporation
03 Feb 2020
Corrit Electric Private Limited was registered on 03 Feb 2020 with Roc Delhi & aged 6 years 8 months as per MCA records.
News
Frequently asked questions
Corrit Electric is an active private limited company based in Gurgaon, Haryana, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 03 February 2020 (6+ years old) and is registered under CIN U50404HR2020PTC085140.
Corrit Electric has 2 current directors:
- Nishan Kapoor - Director
- Mayur Misra - Director
The latest financial statements of Corrit Electric on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Corrit Electric is 09AAICC6192J1Z6, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Corrit Electric is U50404HR2020PTC085140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corrit Electric has 5 court cases on record: 1 filed by the company and 4 filed against it. 3 are pending.
Corrit Electric was incorporated on 03 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Corrit Electric has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.45 Cr; the latest was in February 2024.
Mayur Misra was appointed as Director on 03 Feb 2020. Nishan Kapoor was appointed as Director on 03 Feb 2020.
Yes, Corrit Electric is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).