About Easetronics Private Limited
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Easetronics Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 23 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U71230KA2015PTC084873. Its GSTIN is 29AAECE1500E1Z7 (Karnataka).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹50.76 Lakh. It was formerly known as Easetronics (Opc) Private Limited. It is led by directors Vikas Jain and Santosh Jain.
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 281 Flat S2 2nd Floor Srivari Manor 4th Cross Bcc Layout Vijayanagar, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.57 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹4.31 Lakh (net margin 18.3%) and EBITDA of ₹6.63 Lakh (EBITDA margin 28.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 39% over five years.
The company is associated with 1 brand: Welectric. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.69 Cr; the latest was in November 2021. Its 10 peer companies in the BFSI industry (Machinery and Equipment Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is Belapur Shipyards Private Limited with revenue of ₹24 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welectric.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address281 Flat S2 2nd Floor Srivari Manor 4th Cross Bcc Layout Vijayanagar, Bangalore, Karnataka, India – 560040
- IndustryFinancial Services, Equipment Leasing & Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Easetronics Private Limited
The main business activity of Easetronics is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Easetronics Private Limited FY 2025 filings available
Easetronics Private Limited reported revenue of ₹23.57 Lakh (down 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Easetronics Private Limited
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA rose 111% 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 of Easetronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.31 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Easetronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Easetronics are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Easetronics Private Limited
Easetronics Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing). Its own revenue is ₹23.57 Lakh.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Belapur Shipyards Private Limited | ₹24 Lakh | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Diverse Alt Private Limited | ₹23.93 Lakh | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
| Odiss Engineering Projects Private Limited | ₹23.91 Lakh | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Volcanic Stones Private Limited | ₹23.9 Lakh | •••• | •••• | •••• | - | Bhilwara, Rajasthan, India |
| Shreeja Megacorp Private Limited | ₹23.72 Lakh | •••• | •••• | •••• | - | Panchmahals, Gujarat, India |
| Easetronics Private Limited this company | ₹23.57 Lakh | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Shree Trade Universe Private Limited | ₹23.47 Lakh | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Lotus Cement Products Private Limited | ₹23.42 Lakh | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Mega Developers Private Limited | ₹23.24 Lakh | •••• | •••• | •••• | - | Suri, West Bengal, India |
| Cosco Polymer Indurstries Private Limited | ₹23.18 Lakh | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Shree Virangna Industries Private Limited | ₹23.13 Lakh | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Easetronics by revenue in the BFSI industry (Machinery and Equipment Leasing), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.
Auditor Details of Easetronics Private Limited
Easetronics Private Limited is audited by S.K Sathyanarayana and Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.K Sathyanarayana and Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Easetronics Private Limited
Easetronics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Jain Also directs: Leasetronics LLP | Director | 25 Mar 2019 | 7 Years 6 Months | Current |
| Santosh Jain Also directs: Leasetronics LLP | Director | 23 Dec 2015 | 10 Years 9 Months | Current |
Ownership and Shareholding of Easetronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Easetronics Private Limited
Easetronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Easetronics Private Limited
Easetronics Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.69 Cr; the latest was in November 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Funding round | ₹35 Lakh | Investors: 4 individuals |
| Jan 2021 | Funding round | ₹5 Lakh | Investors: an individual |
| Oct 2020 | Funding round | ₹95 Lakh | Investors: Family Benefit Trust, 3 individuals |
| Mar 2020 | Funding round | ₹34 Lakh | Investors: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Easetronics Private Limited
Easetronics operates one associated brand: Welectric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-brand electric two-wheeler lifecycle solutions are provided. | welectric.in |
Employees and EPFO Compliance at Easetronics Private Limited
Employment history and EPFO contributions of people linked to Easetronics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Easetronics Private Limited
Easetronics has one previous CIN (Corporate Identification Number): U71230KA2015OPC084873. The current CIN is U71230KA2015PTC084873, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U71230KA2015PTC084873 | Current |
| U71230KA2015OPC084873 | Previous |
News related to Easetronics Private Limited
Recent Activity on Easetronics Private Limited
Easetronics Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Sanjay Satyanarayan Sunku ceased to be Additional Director on 09 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Easetronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Easetronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Easetronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Easetronics Private Limited
Easetronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE1500E1Z7 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Easetronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Easetronics Private Limited
Easetronics is an active private limited company based in Bangalore, Karnataka, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 23 December 2015 (11+ years old) and is registered under CIN U71230KA2015PTC084873.
Easetronics reported revenue of ₹23.57 Lakh for FY 2025 (down 43% YoY).
Easetronics has 2 current directors:
- Vikas Jain - Director
- Santosh Jain - Director
Easetronics reported a net profit of ₹4.31 Lakh (net margin 18.3%) and EBITDA of ₹6.63 Lakh (EBITDA margin 28.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Easetronics is -33% over three years and 39% over five years. In the latest year (FY 2025) revenue fell 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Easetronics is 29AAECE1500E1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Easetronics is U71230KA2015PTC084873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Easetronics was incorporated on 23 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Easetronics has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.69 Cr; the latest was in November 2021.
The peers of Easetronics by revenue are Belapur Shipyards Private Limited, Diverse Alt Private Limited, Odiss Engineering Projects Private Limited, Volcanic Stones Private Limited, Shreeja Megacorp Private Limited and 5 more, all in the BFSI industry (Machinery and Equipment Leasing).
Sanjay Satyanarayan Sunku ceased to be Additional Director on 09 Sep 2020. Vikas Jain was appointed as Director on 25 Mar 2019. Santosh Jain was appointed as Director on 23 Dec 2015.