
Eco Evols Private Limited
About Eco Evols Private Limited
Data last updated:
Eco Evols Private Limited is a private limited company based in Lucknow, Uttar Pradesh, 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 07 March 2022.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U34100UP2022PTC160461. Its GSTIN is 09AAGCE9287L1ZS (Uttar Pradesh). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Aditya Banerjee and Khushbu Goel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Lucknow, Uttar Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.36 Cr. For the same year it recorded a net loss of ₹4.93 Cr (net margin -20.3%) and EBITDA of -₹6.65 Cr (EBITDA margin -27.3%).
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VOLC. Court records list 15 cases involving the company, including 15 filed against it; 1 case is pending.
Eco Evols Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0033940). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Eco Evols
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0033940
Contact details
Eco Evols Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address713 A & 713 B 7th Floor Levana, Cyber Heights Vibhuti Khand, Lucknow, Uttar Pradesh, India – 226010
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Eco Evols Private Limited, buy the company report.
- 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
Business activity
The main business activity of Eco Evols 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 Eco Evols Private Limited, buy the company report.
Financials of Eco Evols Private Limited
FY 2023 filings availableEco Evols Private Limited reported revenue of ₹24.36 Cr for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹24.36 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹6.65 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.93 Cr | |
| 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
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -27.3% | |
| Net Profit Margin | -20.3% | |
| 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 | ||
To see the full financial statements and ratios of Eco Evols Private Limited, buy the company report.
Board of directors of Eco Evols Private Limited
Eco Evols has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Banerjee | Director | 07 Mar 2022 | 4 Years 7 Months | Current |
| Khushbu Goel | Director | 07 Mar 2022 | 4 Years 7 Months | Current |
| Nageswara Rao Lankipalli | Director | 01 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Eco Evols Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E-Ashwa Automotive Private Limited | ₹26 Cr (FY 2025) | 26.0% | Delhi, India | |||
| Eco Evols Private Limitedthis company | ₹24.36 Cr (FY 2023) | -₹4.93 Cr | -20.3% | 65 | Lucknow, Uttar Pradesh, India | |
| Cosbike Private Limited | ₹23.93 Cr (FY 2024) | -11.0% | Kalka, Haryana, India | |||
| Okinawa Scooters & Motorcycles India Private Limited | ₹23.84 Cr (FY 2025) | -78.0% | Gurgaon, Haryana, India | |||
| Tunwal E-Vehicle India Private Limited | ₹23.74 Cr (FY 2025) | 13.0% | Pune, Maharashtra, India |
To see the full peer comparison of Eco Evols Private Limited, buy the company report.
Auditor
Eco Evols Private Limited is audited by D PATHAK & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D PATHAK & CO. | FY 2023 | 001439C |
Shareholding
The shareholding of Eco Evols Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Eco Evols Private Limited, buy the company report.
Legal cases
Eco Evols Private Limited has 15 court cases on record: 15 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 1 |
Cases on record (2 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Cosbike Private Limited | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by Golden Enterprises and Ors. | Pending |
To see the full case history of Eco Evols 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 Eco Evols Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Eco Evols Private Limited has a workforce of 65 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Eco Evols has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCE9287L1ZS | Uttar Pradesh | Active | 22 May 2022 |
| 06AAGCE9287L1ZY | Haryana | Active | 05 Jul 2022 |
| 07AAGCE9287L1ZW | Delhi | Active | 02 Aug 2022 |
| 23AAGCE9287L1Z2 | Madhya Pradesh | Active | 24 Aug 2022 |
To see the full GST registrations and return filing status of Eco Evols Private Limited, buy the company report.
Recent activity
Eco Evols Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Nageswara Rao Lankipalli ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Eco Evols is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 07 March 2022 (4+ years old) and is registered under CIN U34100UP2022PTC160461.
Eco Evols has 3 current directors:
- Aditya Banerjee - Director
- Khushbu Goel - Director
- Nageswara Rao Lankipalli - Director
The latest financial statements of Eco Evols on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Eco Evols is 09AAGCE9287L1ZS, registered in Uttar Pradesh. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 06AAGCE9287L1ZY (Haryana), 07AAGCE9287L1ZW (Delhi), 23AAGCE9287L1Z2 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Eco Evols is U34100UP2022PTC160461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eco Evols has 15 court cases on record: 15 filed against it. 1 is pending.
Eco Evols was incorporated on 07 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Eco Evols by revenue are E-Ashwa Automotive Private Limited, Cosbike Private Limited, Okinawa Scooters & Motorcycles India Private Limited, Tunwal E-Vehicle India Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Nageswara Rao Lankipalli ceased to be Additional Director on 29 Sep 2023. Bhupesh Singh ceased to be Additional Director on 31 May 2023. Nageswara Rao Lankipalli was appointed as Director on 01 Jan 2023. Eco Evols has 5 board changes on record in total.
Yes, Eco Evols is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Eco Evols is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0033940).