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Elecnovo Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹82.22 Lakh
▲ 262% YoY
Net loss · FY 2024
₹35.51 Lakh
Net margin -43.2%
EBITDA · FY 2024
-₹29.56 Lakh
EBITDA margin -36%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹2.97 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Elecnovo Private Limited
Data last updated:
Elecnovo Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 09 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC110936. Its GSTIN is 29AAECE9633Q1ZS (Karnataka).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹2.97 Lakh. It is led by directors including Diganta Madhab Borah and Santanoo Medhi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.22 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹35.51 Lakh (net margin -43.2%) and EBITDA of -₹29.56 Lakh (EBITDA margin -36%). Revenue has grown at a compounded annual rate (CAGR) of 216% over three years.
The company is associated with 1 brand: Elecnovo. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.74 Cr; the latest was in December 2021.
For more details, the company can be reached via its website elecnovo.com.
Company details
CIN U74999KA2018PTC110936
Registration Number 110936
Incorporation Date 09 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Elecnovo
Contact details
Elecnovo Private Limited's registered office is in Bangalore, Karnataka. Its website is elecnovo.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.18 Sub Layout, First Floor 4th Phase, Bangalore, Karnataka, India – 560099
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Elecnovo Private Limited, buy the company report.
Comprehensive company report
Elecnovo 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
Elecnovo operates one associated brand: Elecnovo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Design, development, and supply of efficient & reliable electric motors & controllers for electric vehicles | elecnovo.com |
Business activity
The main business activity of Elecnovo is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Elecnovo Private Limited, buy the company report.
Financials of Elecnovo Private Limited
FY 2025 filings availableElecnovo Private Limited reported revenue of ₹82.22 Lakh (up 262% YoY) for FY 2024.
Revenue · FY 2024
₹82.22 Lakh ▲ 262%
Net loss · FY 2024
₹35.51 Lakh margin -43.2%
EBITDA · FY 2024
-₹29.56 Lakh margin -36%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 262%
3 years · compounded
▲ 216%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 15%
5 years · compounded
▼ 15%
Revenue has grown at a compounded annual rate (CAGR) of 216% over three years, including 262% growth in the latest year. EBITDA rose 70% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹29.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹35.51 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36% | ||||
| Net Profit Margin | -43.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Elecnovo Private Limited, buy the company report.
Board of directors of Elecnovo Private Limited
Elecnovo has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Diganta Madhab Borah Also directs: Relighton Private Limited | Director | 02 Dec 2019 | 6 Years 11 Months | Current |
| Santanoo Medhi Also directs: Red-Dragon Designs LLP, Mecnelec Technologies Private Limited | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Ratul Chandra Borah Also directs: Mecnelec Technologies Private Limited, Relighton Private Limited | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Elecnovo Private Limited is audited by B S J & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S J & ASSOCIATES | FY 2020 | 010560S |
Shareholding
The shareholding of Elecnovo Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Elecnovo Private Limited, buy the company report.
Deals & funding
Elecnovo Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.74 Cr; the latest was in December 2021.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹5.74 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Funding round | ₹4.32 Cr | Investors: Sk & Fl Investments Llc |
| Dec 2019 | Funding round | ₹1.42 Cr | Investors: Silver Time Limited |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Elecnovo Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elecnovo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elecnovo has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE9633Q1ZS | Karnataka | Active | 14 Feb 2020 |
To see the full GST registrations and return filing status of Elecnovo Private Limited, buy the company report.
Recent activity
Elecnovo Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Diganta Madhab Borah ceased to be Additional Director on 28 Dec 2020.
AGM
Elecnovo Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elecnovo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Diganta Madhab Borah ceased to be Additional Director.
Appointed
Diganta Madhab Borah was appointed as Director.
Appointed
Ratul Chandra Borah was appointed as Director.
Appointed
Santanoo Medhi was appointed as Director.
Incorporation
09 Mar 2018
Elecnovo Private Limited was registered on 09 Mar 2018 with Roc Bangalore & aged 8 years 8 months as per MCA records.
Frequently asked questions
Elecnovo is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 09 March 2018 (8+ years old) and is registered under CIN U74999KA2018PTC110936.
Elecnovo has 3 current directors:
- Diganta Madhab Borah - Director
- Santanoo Medhi - Director
- Ratul Chandra Borah - Director
The latest financial statements of Elecnovo on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Elecnovo is 29AAECE9633Q1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Elecnovo is U74999KA2018PTC110936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elecnovo was incorporated on 09 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Elecnovo has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.74 Cr; the latest was in December 2021.
Diganta Madhab Borah ceased to be Additional Director on 28 Dec 2020. Diganta Madhab Borah was appointed as Director on 02 Dec 2019. Ratul Chandra Borah was appointed as Director on 09 Mar 2018. Elecnovo has 4 board changes on record in total.
Yes, Elecnovo is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Elecnovo can be reached through the website elecnovo.com. Its registered office is in Bangalore, Karnataka, India.
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