About Electek Solutions Private Limited
Data last updated:
Electek Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 November 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2005PTC157338. Its GSTIN is 27AABCE7277M1Z3 (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Heena Shailesh Chheda and Nippun Shailesh Chheda.
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 was at #22 Damji Shamji Industrial Premises Mahal Industrial Estate Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹61.17 Lakh, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹7 Lakh (net margin -11.5%) and EBITDA of -₹5.14 Lakh (EBITDA margin -8.4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹30 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is electeksolutions.com.
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- Website
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- Registered Address#22 Damji Shamji Industrial Premises Mahal Industrial Estate Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Electek Solutions Private Limited
The main business activity of Electek Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Electek Solutions Private Limited FY 2024 filings available
Electek Solutions Private Limited reported revenue of ₹61.17 Lakh (up 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Electek Solutions Private Limited
Revenue rose 57% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 241% 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 Electek Solutions 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 | -₹5.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7 Lakh | •••• | •••• | •••• | •••• |
| 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 Electek Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.5% | •••• | •••• | •••• | •••• |
| 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 Electek Solutions are in the company report.
Financial statements from 2015
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.
Board of Directors of Electek Solutions Private Limited
Electek Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Heena Shailesh Chheda | Director | 03 Jun 2019 | 7 Years 4 Months | As last reported |
| Nippun Shailesh Chheda | Director | 10 Jan 2017 | 9 Years 9 Months | As last reported |
Peer Comparison of Electek Solutions Private Limited
Electek Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ayushya Technologies and Services Private Limited | ₹61.61 Lakh (FY 2025) | •••• | •••• | 944.0% | •••• | Bengaluru, Karnataka, India |
| Nikunj Electronics Private Limited | ₹61.54 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Delhi, India |
| Long Life Perfect Solutions Private Limited (OPC) | ₹61.35 Lakh (FY 2022) | •••• | •••• | •••• | Patna, Bihar, India | |
| Raja Electronics and Services Private Limited | ₹61.29 Lakh (FY 2018) | •••• | •••• | -76.0% | •••• | Off M.G. Road, Pune-411001, Maharashtra, India |
| Trexton India Private Limited | ₹61.22 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Delhi, India |
| Electek Solutions Private Limited this company | ₹61.17 Lakh (FY 2024) | •••• | •••• | 57.0% | •••• | Mumbai, Maharashtra, India |
| Modern Archiinfrastructure Private Limited | ₹61.15 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | New Delhi, Delhi, India |
| Angler Industries India Private Limited | ₹61.11 Lakh (FY 2020) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Gwalior Alloys & Steels Private Limited | ₹61.02 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Gwalior, Madhya Pradesh, India |
| Aaravbabbar Enterprises Private Limited | ₹60.9 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
| Rarena Renewables Private Limited | ₹60.71 Lakh (FY 2025) | •••• | •••• | 354.0% | •••• | Tal Hatk, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Electek Solutions by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Electek Solutions Private Limited
Electek Solutions Private Limited is audited by Uday Pasad for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Uday Pasad | 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.
Ownership and Shareholding of Electek Solutions 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 Electek Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2020 | Others | ₹10 Lakh | Satisfied |
| 31 Oct 2018 | Others | ₹20 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Electek Solutions Private Limited
Electek Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Sun Electronics Private Limited | Disposed |
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 Electek Solutions Private Limited
Electek Solutions Private Limited has a workforce of 6 employees as of Apr 02, 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 Electek Solutions Private Limited
Electek Solutions Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Sameer Mulchand Gada ceased to be Director on 01 Nov 2019.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Electek Solutions 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 Electek Solutions 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Electek Solutions 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 Electek Solutions Private Limited
Electek Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE7277M1Z3 | Maharashtra | Active | 01 Jul 2017 |
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 Electek Solutions 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 Electek Solutions Private Limited
Electek Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Electek Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 November 2005 and is registered under CIN U51909MH2005PTC157338. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Electek Solutions is U51909MH2005PTC157338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Electek Solutions had 2 directors:
- Heena Shailesh Chheda - Director
- Nippun Shailesh Chheda - Director
Electek Solutions was incorporated on 16 November 2005. It is registered with the Registrar of Companies, Mumbai.
Electek Solutions can be reached through the website electeksolutions.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Electek Solutions is at #22 Damji Shamji Industrial Premises Mahal Industrial Estate Andheri East, Mumbai, Maharashtra, India – 400093.
Electek Solutions reported revenue of ₹61.17 Lakh for FY 2024 (up 57% YoY).
Electek Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Electek Solutions reported a net loss of ₹7 Lakh (net margin -11.5%) and EBITDA of -₹5.14 Lakh (EBITDA margin -8.4%) for FY 2024, as per its filed financial statements.
The GSTIN of Electek Solutions is 27AABCE7277M1Z3, registered in Maharashtra.