
About Evo Rentals Private Limited
Data last updated:
Evo Rentals Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the repair services segment of the electronics sector. It was incorporated on 19 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52609KA2019PTC123561. Its GSTIN is 29AAFCE4570P1ZZ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Selvaraju and Seetharam Haleyur Sanjeevkumar.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.31 Lakh (net margin 8.1%) and EBITDA of ₹4.6 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 57% over five years.
The company is associated with 1 brand: Evorentals. As per MCA filings, the company has open charges of ₹25 Lakh on record.
Evo Rentals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0120607). For more details, the company can be reached via its website evorentals.com.
Company details
Recognitions & Rankings of Evo Rentals
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0120607
Contact details
Evo Rentals Private Limited's registered office is in Bangalore, Karnataka. Its website is evorentals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1561, East End Main Road 9th Block Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryElectrnoics, Repair Services
To see the full contact details of Evo Rentals Private Limited, buy the company report.
- 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
Brands
Evo Rentals operates one associated brand: Evorentals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides electric scooter rentals with roadside assistance and green features. | evorentals.com |
Business activity
The main business activity of Evo Rentals is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Evo Rentals Private Limited, buy the company report.
Financials of Evo Rentals Private Limited
FY 2024 filings availableEvo Rentals Private Limited reported revenue of ₹40.8 Lakh (up 311% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 311% growth in the latest year. EBITDA rose 52% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.31 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 8.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Evo Rentals Private Limited, buy the company report.
Board of directors of Evo Rentals Private Limited
Evo Rentals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Selvaraju Also directs: Green Ridez Mobility Private Limited | Director | 28 Mar 2024 | 2 Years 7 Months | Current |
| Seetharam Haleyur Sanjeevkumar Also directs: Green Ridez Mobility Private Limited | Director | 28 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Evo Rentals Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services, Rentals), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navayuga Infratech (India) Private Limited | ₹42.76 Lakh (FY 2024) | 534.0% | Hyderabad, Telangana, India | |||
| Evo Rentals Private Limitedthis company | ₹40.8 Lakh (FY 2025) | ₹3.31 Lakh | 8.1% | 311.0% | Bangalore, Karnataka, India | |
| Veekay Group India Private Limited | ₹39.88 Lakh (FY 2025) | -37.0% | Thrikkakara, Kerala, India | |||
| Comfort Drive Private Limited | ₹39.86 Lakh (FY 2024) | -69.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Evo Rentals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101079796 | Others | ₹5 Lakh | Open | |
| 25 Mar 2025 | 101079696 | Others | ₹5 Lakh | Open | |
| 25 Mar 2025 | 101079451 | Others | ₹5 Lakh | Open | |
| 25 Mar 2025 | 101079399 | Others | ₹5 Lakh | Open | |
| 25 Mar 2025 | 101079377 | Others | ₹5 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Evo Rentals 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 Evo Rentals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Evo Rentals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCE4570P1ZZ | Karnataka | Active | 20 May 2019 |
To see the full GST registrations and return filing status of Evo Rentals Private Limited, buy the company report.
Recent activity
Evo Rentals Private Limited has 7 board changes on record since 2024: 2 appointments and 5 cessations. The latest: Ala Harikrishna ceased to be Director on 23 Jan 2025.
3 earlier events are in the company report.
Frequently asked questions
Evo Rentals is an active private limited company based in Bangalore, Karnataka, India. The company works in repair services, within the electronics industry. It was incorporated on 19 April 2019 (7+ years old) and is registered under CIN U52609KA2019PTC123561.
Evo Rentals has 2 current directors:
- Suresh Selvaraju - Director
- Seetharam Haleyur Sanjeevkumar - Director
The latest financial statements of Evo Rentals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Evo Rentals is 29AAFCE4570P1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Evo Rentals is U52609KA2019PTC123561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evo Rentals was incorporated on 19 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Evo Rentals by revenue are Navayuga Infratech (India) Private Limited, Veekay Group India Private Limited, Comfort Drive Private Limited, all in the Transport and Logistics industry (Call Taxi and Radio Cab Services, Rentals), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).
Ala Harikrishna ceased to be Director on 23 Jan 2025. Seetharam Haleyur Sanjeevkumar ceased to be Additional Director on 29 Sep 2024. Suresh Selvaraju ceased to be Additional Director on 29 Sep 2024. Evo Rentals has 7 board changes on record in total.
Yes, Evo Rentals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Evo Rentals is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0120607).
Evo Rentals can be reached through the website evorentals.com. Its registered office is in Bangalore, Karnataka, India.

