Eco Evols Private Limited - automotive in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U34100UP2022PTC160461 Incorporated 07 March 2022 ROC Uttar Pradesh HQ Lucknow, Uttar Pradesh, India
Active Private Limited Company automotive DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2023
₹24.36 Cr
Latest filing
Net loss · FY 2023
₹4.93 Cr
Net margin -20.3%
EBITDA · FY 2023
-₹6.65 Cr
EBITDA margin -27.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
65
Provident fund records
Directors on board
3
As per MCA filings

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

CIN U34100UP2022PTC160461
Registration Number 160461
Incorporation Date 07 March 2022
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-DL-08-0033940

Recognitions & Rankings of Eco Evols

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
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 Address
    713 A & 713 B 7th Floor Levana, Cyber Heights Vibhuti Khand, Lucknow, Uttar Pradesh, India – 226010
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Eco Evols Private Limited, buy the company report.

Comprehensive company report
Eco Evols 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

Eco Evols operates one associated brand: VOLC. Each brand links to its own profile.

BrandDescriptionWebsite
Offers an online platform for purchasing electric scooters.volc.in

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC11Motor 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 available

Eco Evols Private Limited reported revenue of ₹24.36 Cr for FY 2023.

Revenue · FY 2023
₹24.36 Cr
Net loss · FY 2023
₹4.93 Cr margin -20.3%
EBITDA · FY 2023
-₹6.65 Cr margin -27.3%

Financial Statement Summary

MetricsFY 2022-23FY 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

MetricsFY 2022-23FY 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Aditya BanerjeeDirector07 Mar 20224 Years 7 MonthsCurrent
Khushbu GoelDirector07 Mar 20224 Years 7 MonthsCurrent
Nageswara Rao LankipalliDirector01 Jan 20233 Years 9 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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%65Lucknow, 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 firmFinancial yearFirm registration number
D PATHAK & CO.FY 2023001439C

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 categoryFY 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.

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.

Employee count
65
Active EPFO establishments
1
Employee growth
-29.35%

GST

Eco Evols has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
6
GSTINStateStatusRegistered on
09AAGCE9287L1ZSUttar PradeshActive22 May 2022
06AAGCE9287L1ZYHaryanaActive05 Jul 2022
07AAGCE9287L1ZWDelhiActive02 Aug 2022
23AAGCE9287L1Z2Madhya PradeshActive24 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.

AGM
Eco Evols Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Nageswara Rao Lankipalli ceased to be Additional Director.
Ceased
Bhupesh Singh ceased to be Additional Director.
Filing
Eco Evols Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttar Pradesh I.
Appointed
Nageswara Rao Lankipalli was appointed as Director.
Appointed
Aditya Banerjee was appointed as Director.
Appointed
Khushbu Goel was appointed as Director.
Incorporation
07 Mar 2022
Eco Evols Private Limited was registered on 07 Mar 2022 with Roc Uttar Pradesh I & aged 4 years 7 months as per MCA records.

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:

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).