Eco Fuel Systems (India ) Limited - Company Profile

It is a automotive public limited company based in Mumbai, Maharashtra, India, established in 2003.

2003 Mumbai, Maharashtra, India Active

Last Updated: January 05, 2026

About Eco Fuel Systems (India ) Limited

Eco Fuel Systems (India ) Limited, a active public limited company, was established on 31 January 2003 in Mumbai, Maharashtra, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U23121MH2003PLC138953. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹15.75 Cr.

It upholds a compliant status. Its leadership includes Nemin Virendra Vora (Ceo), Vibha Virendra Vora (Director), Manish Rawal (Director). Past directors included Nemin Virendra Vora, Vibha Virendra Vora, Manish Rawal. It holds ₹30.90 Cr open charges and ₹14.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at B-102, Bellona Bldg, Pant Nagar 90 Feet Road, Ghatkopar (E), Mumbai, Maharashtra, 400075.

Company Details

CIN/LLPIN
U23121MH2003PLC138953
Registration Number
138953
Incorporation Date
31 January 2003
Authorized Capital
₹25.00 Cr
Paid-Up Capital
₹15.75 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 25.00 Cr as on 05-01-2026
Paid Up Capital ₹ 15.75 Cr as on 05-01-2026
Company Age 23 Year, 14 Days
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 30.90 Cr as on 05-01-2026
Satisfied Charges ₹ 14.50 Cr as on 05-01-2026
Revenue Growth **** -71.17% (FY 2023)
Profit Growth **** -75.09% (FY 2023)
Ebitda **** -62.64% (FY 2023)
Net Worth 3.61% (FY 2023)
Total Assets **** 7.47% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Eco Fuel Systems (India ) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Eco Fuel Systems (India ) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nemin Virendra Vora	Ceo	23 Dec 2024	Current
Vibha Virendra Vora	Director	31 Jan 2003	Current
Manish Rawal	Director	07 Feb 2025	Current
Virendra Vora	Managing Director	31 Jan 2003	Current
Raghavan Pillai Venugopal	Director	05 Dec 2024	Current
Bharat Ratilal Mehta	Director	05 Dec 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2017	Past
Pramod Abcsdd	Director	22 Dec 2024	Past
Pramod Abcsdd	Additional Director	09 Feb 2025	Past
Pramod Abcsdd	Director	22 Dec 2024	Past
Pramod Abcsdd	Additional Director	26 Jan 2025	Past
Pramod Abcsdd	Additional Director	26 Jan 2025	Past

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Financial Performance of Eco Fuel Systems (India ).

Eco Fuel Systems (India )Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 71.17% decrease. The company also saw a substantial fall in profitability, with a 75.09% decrease in profit. The company's net worth moved up by a moderate rise of 3.61%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-71.17%

*******

Revenue from Operations

*******

-71.45%

*******

Total Assets

*******

7.47%

*******

Profit or Loss

*******

-75.09%

*******

Net Worth

*******

3.61%

*******

EBITDA

*******

-62.64%

*******

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What is the Ownership and Shareholding Structure of Eco Fuel Systems (India )?

In 2023, Eco Fuel Systems (India ) had a promoter holding of 83.36% and a public holding of 16.64%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹309,000,000.00

Satisfied Charges

₹145,000,000.00

Charges Breakdown by Lending Institutions

Dhanlaxmi Bank Limited : 30.90 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Sep 2011	Dhanlaxmi Bank Limited	₹30.90 Cr	Open
26 Mar 2014	Aditya Birla Finance Limited	₹1.00 Cr	Satisfied
15 Jun 2007	Bank Of India	₹13.50 Cr	Satisfied

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How Many Employees Work at Eco Fuel Systems (India )?

Unlock and access historical data on people associated with Eco Fuel Systems (India ), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Eco Fuel Systems (India ), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Eco Fuel Systems (India )'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Eco Fuel Systems (India )

Recent Activity within the Organization

Charges

A charge with Dhanlaxmi Bank Limited of Rs. 30.90 Cr registered on 05 Sep 2011 with Charge ID 10310768 was modified on 04 Nov 2025. was recorded as a recent event.
04 Nov 2025
Director Appointment

Manish Rawal was appointed as a Director was appointed as a Director on 07 Feb 2025 & has been associated with this company since 1 year 6 days . was recorded as a recent event.
07 Feb 2025
Director Appointment

The activity Nemin Virendra Vora was appointed as a Ceo was appointed as a Ceo on 24 Dec 2024 & has been associated with this company since 1 year 1 month . was completed.
24 Dec 2024
Director Appointment

The activity Nemin Virendra Vora was appointed as a CEO was appointed as a CEO on 23 Dec 2024 & has been associated with this company since 1 year 1 month . was completed.
23 Dec 2024
Director Appointment

Progress on Thomas Panal Samuel was appointed as a Cfo was appointed as a Cfo on 13 Dec 2024 & has been associated with this company since 1 year 2 months . was documented.
13 Dec 2024
Director Appointment

The activity Raghavan Pillai Venugopal was appointed as a Director was appointed as a Director on 05 Dec 2024 & has been associated with this company since 1 year 2 months . was completed.
05 Dec 2024

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Frequently Asked Questions

What is the CIN of Eco Fuel Systems (India ) Limited?

The CIN of Eco Fuel Systems (India ) Limited is U23121MH2003PLC138953.

Where is Eco Fuel Systems (India ) Limited headquartered?

Eco Fuel Systems (India ) Limited is headquartered at B-102, Bellona Bldg, Pant Nagar 90 Feet Road, Ghatkopar (E), Mumbai, Maharashtra, 400075.

When was Eco Fuel Systems (India ) Limited incorporated?

Eco Fuel Systems (India ) Limited was incorporated on 31 January 2003.

Who are the current directors of Eco Fuel Systems (India ) Limited?

The current directors of Eco Fuel Systems (India ) Limited are

What is the primary industry of Eco Fuel Systems (India ) Limited?

The primary industry of Eco Fuel Systems (India ) Limited is Trade.

Is Eco Fuel Systems (India ) Limited a listed company?

Eco Fuel Systems (India ) Limited is unlisted.

What is the capital structure of Eco Fuel Systems (India ) Limited?

The authorized capital of Eco Fuel Systems (India ) Limited is ₹25.00 Cr, and the paid-up capital is ₹15.75 Cr.

What is the compliance status of Eco Fuel Systems (India ) Limited?

The compliance status of Eco Fuel Systems (India ) Limited is Compliant.

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