About Elec Torq Technologies Private Limited
Data last updated:
Elec Torq Technologies Private Limited is a private limited company based in New Delhi, Delhi, 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 14 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29190DL2019PTC344312. Its GSTIN is 07AAFCE3337A1Z5 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹4.45 Lakh. It is led by directors including Anubhav Sharma and Gauransh Garg.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kh No – 258 Saiyadul Ajyab, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.47 Cr (net margin -159.9%) and EBITDA of -₹7 Cr (EBITDA margin -132.1%). Revenue has grown at a compounded annual rate (CAGR) of 98% over three years.
The company is associated with 1 brand: Baaz. As per MCA filings, the company has open charges of ₹53.66 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 9 deals on record (5 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹94.04 Cr; the latest was in October 2024. Its 10 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles) are compared by revenue, 5 larger and 5 smaller; the largest is Semzy Automotive and Garage Products Private Limited with revenue of ₹5.48 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website electorq.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressKh No – 258 Saiyadul Ajyab, New Delhi, Delhi, India – 110030
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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 Elec Torq Technologies Private Limited
The main business activity of Elec Torq Technologies is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | 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 Elec Torq Technologies Private Limited FY 2024 filings available
Elec Torq Technologies Private Limited reported revenue of ₹5.3 Cr (up 568% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Elec Torq Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 98% over three years, including 568% growth in the latest year. EBITDA fell 54% 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 Elec Torq Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹7 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.47 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 of Elec Torq Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -132.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -159.9% | •••• | •••• | •••• | •••• |
| 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 Elec Torq Technologies are in the company report.
Financial statements from FY 2019
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 Elec Torq Technologies Private Limited
Elec Torq Technologies Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Semzy Automotive and Garage Products Private Limited | ₹5.48 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kannyakumari, Tamil Nadu, India |
| Eto Mobility Services Private Limited | ₹5.43 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Nuq Motors Private Limited | ₹5.42 Cr (FY 2025) | •••• | •••• | •••• | Erode, Tamil Nadu, India | |
| Ribcon Industries Private Limited | ₹5.41 Cr (FY 2024) | •••• | •••• | -86.0% | •••• | New Delhi, Delhi, India |
| Wecharge Technologies Private Limited | ₹5.35 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Delhi, India |
| Elec Torq Technologies Private Limited this company | ₹5.3 Cr (FY 2024) | •••• | •••• | 568.0% | •••• | New Delhi, Delhi, India |
| Green Shuttle Technology Private Limited | ₹5.29 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Khed, Maharashtra, India |
| Mirakle 5 Automobiles Private Limited | ₹5.28 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Pune, Maharashtra, India |
| Cy4 Digital Twin Products & Solutions Private Limited | ₹5.28 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Perumbakkam, Kanchipuram, Tamil Nadu, India |
| Clubboom11 Sports & Entertainment Private Limited | ₹5.21 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Bhopal, Madhya Pradesh, India |
| Palis Eco Vehicles Private Limited | ₹5.2 Cr (FY 2024) | •••• | •••• | 93.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Elec Torq Technologies by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Elec Torq Technologies Private Limited
Elec Torq Technologies Private Limited is audited by MITESH JAYANTILAL DEDHIA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MITESH JAYANTILAL DEDHIA | 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 Elec Torq Technologies Private Limited
Elec Torq Technologies has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anubhav Sharma | Director | 14 Jan 2019 | 7 Years 8 Months | Current |
| Gauransh Garg | Director | 14 Jan 2019 | 7 Years 8 Months | Current |
| Shubham | Director | 14 Jan 2019 | 7 Years 8 Months | Current |
| Banda Vamshi Krishna Reddy Also directs: Akti Icombinator Capital Partners LLP, Akti Icombinator Investment Advisors LLP, Samosaparty Foods Private Limited and 3 more | Nominee Director | 08 Nov 2023 | 2 Years 11 Months | Current |
Ownership and Shareholding of Elec Torq Technologies 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 Elec Torq Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2025 | Others | ₹20 Lakh | Open |
| 15 Oct 2025 | Others | ₹4 Cr | Open |
| 31 Mar 2025 | Others | ₹8 Cr | Open |
| 27 Mar 2025 | Others | ₹12 Cr | Open |
| 05 Mar 2025 | Others | ₹5 Cr | Open |
Total charge records: 9 View all charges
Deals & Funding of Elec Torq Technologies Private Limited
Elec Torq Technologies Private Limited has 9 deals on record (5 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹94.04 Cr; the latest was in October 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Debt financing | ₹6.06 Cr | Investors: Alteria Capital |
| May 2024 | Debt financing | ₹6 Cr | Investors: Alteria Capital |
| Apr 2021 | Funding round · Series A | ₹1.55 Cr | Investors: 100Unicorns (9Unicorns), 2 individuals |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2019 | Funding round · Seed | ₹80 Lakh | Investors: Advantedge Incubators, 2 individuals |
Full deal history
All 9 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.
Legal Cases of Elec Torq Technologies Private Limited
Elec Torq Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by Ambience Airtech Pvt. Ltd | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Elec Torq Technologies Private Limited
Elec Torq Technologies Private Limited has a workforce of 0 employees as of Apr 09, 2024.
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.
Recent Activity on Elec Torq Technologies Private Limited
Elec Torq Technologies Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Banda Vamshi Krishna Reddy was appointed as Nominee Director on 08 Nov 2023.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Elec Torq Technologies 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 Elec Torq Technologies 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
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Subsidiaries & Group Companies of Elec Torq Technologies 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 Elec Torq Technologies Private Limited
Elec Torq Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCE3337A1Z5 | Delhi | Active | 13 Jul 2019 |
| 06AAFCE3337A1Z7 | Haryana | Active | 01 May 2022 |
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 Elec Torq Technologies 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 Elec Torq Technologies Private Limited
Elec Torq Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 14 January 2019 (7+ years old) and is registered under CIN U29190DL2019PTC344312.
Elec Torq Technologies reported revenue of ₹5.3 Cr for FY 2024 (up 568% YoY).
Elec Torq Technologies has 4 current directors:
- Anubhav Sharma - Director
- Gauransh Garg - Director
- Shubham - Director
- Banda Vamshi Krishna Reddy - Nominee Director
Elec Torq Technologies reported a net loss of ₹8.47 Cr (net margin -159.9%) and EBITDA of -₹7 Cr (EBITDA margin -132.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elec Torq Technologies is 98% over three years. In the latest year (FY 2024) revenue rose 568%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elec Torq Technologies is 07AAFCE3337A1Z5, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAFCE3337A1Z7 (Haryana).
The CIN (Corporate Identification Number) of Elec Torq Technologies is U29190DL2019PTC344312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elec Torq Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Elec Torq Technologies was incorporated on 14 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Elec Torq Technologies has 9 deals on record (5 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹94.04 Cr; the latest was in October 2024.
The peers of Elec Torq Technologies by revenue are Semzy Automotive and Garage Products Private Limited, Eto Mobility Services Private Limited, Nuq Motors Private Limited, Ribcon Industries Private Limited, Wecharge Technologies Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).