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Elecorev Innovations Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.7 Cr
▲ 14% YoY
Net profit · FY 2025
₹2.6 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹9.3 Lakh
EBITDA margin 2.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹80 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Elecorev Innovations Private Limited
Data last updated:
Elecorev Innovations Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 11 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2020PTC118203. Its GSTIN is 24AAGCE1908A1ZB (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Bharatbhushan Chandrabhushan Pandey and Shridhar Bharatbhushan Pandey.
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 Shed 38 Fortune North Industrial Park Bh Gamthi Restaurant Muthia Gam Naroda, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.7 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.6 Lakh (net margin 0.7%) and EBITDA of ₹9.3 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 166% over three years.
As per MCA filings, the company has open charges of ₹80 Lakh on record.
Elecorev Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0164660). For more details, the company can be reached via its website ramway.in.
Company details
CIN U31900GJ2020PTC118203
Registration Number 118203
Incorporation Date 11 November 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0164660
Recognitions & Rankings of Elecorev Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0164660
Contact details
Elecorev Innovations Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ramway.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed 38 Fortune North Industrial Park Bh Gamthi Restaurant Muthia Gam Naroda, Ahmedabad, Gujarat, India – 382330
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Elecorev Innovations Private Limited, buy the company report.
Comprehensive company report
Elecorev Innovations 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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Business activity
The main business activity of Elecorev Innovations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Elecorev Innovations Private Limited, buy the company report.
Financials of Elecorev Innovations Private Limited
FY 2025 filings availableElecorev Innovations Private Limited reported revenue of ₹3.7 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹3.7 Cr ▲ 14%
Net profit · FY 2025
₹2.6 Lakh margin 0.7%
EBITDA · FY 2025
₹9.3 Lakh margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 166%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 139%
Revenue has grown at a compounded annual rate (CAGR) of 166% over three years, including 14% growth in the latest year. EBITDA fell 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.3 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Elecorev Innovations Private Limited, buy the company report.
Board of directors of Elecorev Innovations Private Limited
Elecorev Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhushan Chandrabhushan Pandey | Director | 11 Nov 2020 | 5 Years 11 Months | Current |
| Shridhar Bharatbhushan Pandey | Director | 11 Nov 2020 | 5 Years 11 Months | Current |
Charges & borrowings
Open charges
₹80 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2022 | 100633218 | Others | ₹80 Lakh | Open |
To see the full charge records of Elecorev Innovations Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Elecorev Innovations 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 Elecorev Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elecorev Innovations Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Elecorev Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCE1908A1ZB | Gujarat | Active | 03 May 2021 |
To see the full GST registrations and return filing status of Elecorev Innovations Private Limited, buy the company report.
Recent activity
Elecorev Innovations Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Bharatbhushan Chandrabhushan Pandey was appointed as Director on 11 Nov 2020.
AGM
Elecorev Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elecorev Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 80.00 Lakh registered on 15 Jul 2022 with Charge ID 100633218 was modified on 15 Feb 2025.
Charges
A charge with Others amounted to Rs. 80.00 Lakh with Charge ID 100633218 was registered on 15 Jul 2022.
Appointed
Bharatbhushan Chandrabhushan Pandey was appointed as Director.
Appointed
Shridhar Bharatbhushan Pandey was appointed as Director.
Incorporation
11 Nov 2020
Elecorev Innovations Private Limited was registered on 11 Nov 2020 with Roc Ahmedabad & aged 5 years 11 months as per MCA records.
Frequently asked questions
Elecorev Innovations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 11 November 2020 (6+ years old) and is registered under CIN U31900GJ2020PTC118203.
Elecorev Innovations has 2 current directors:
- Bharatbhushan Chandrabhushan Pandey - Director
- Shridhar Bharatbhushan Pandey - Director
The latest financial statements of Elecorev Innovations 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 2021 are in the company report.
The GSTIN of Elecorev Innovations is 24AAGCE1908A1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Elecorev Innovations is U31900GJ2020PTC118203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elecorev Innovations was incorporated on 11 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bharatbhushan Chandrabhushan Pandey was appointed as Director on 11 Nov 2020. Shridhar Bharatbhushan Pandey was appointed as Director on 11 Nov 2020.
Yes, Elecorev Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Elecorev Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0164660).
Elecorev Innovations can be reached through the website ramway.in. Its registered office is in Ahmedabad, Gujarat, India.
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