About Hulikkal Electro (India) Private Limited
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Hulikkal Electro (India) Private Limited is a private limited company based in Coimbatore, Tamil Nadu, 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 19 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U34100TZ2012PTC018400. Its GSTIN is 33AACCH9437R1ZY (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.66 Cr. It is led by directors including Goel Prashant (Managing Director) and Poonam Goel.
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 Coimbatore, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.1 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹98.08 Lakh (net margin -88.9%) and EBITDA of -₹72.33 Lakh (EBITDA margin -65.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
The company is associated with 1 brand: Hulikkal Electro. As per MCA filings, the company has open charges of ₹1.07 Cr and satisfied charges of ₹50 Lakh on record. The company has 11 deals on record (7 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹78 Lakh; the latest was in July 2023. 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 Arrival Automotive India Private Limited with revenue of ₹1.13 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 hulikkal.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOld No. 8A New No. 9 Ground Floor Capitan Palanisamy Layout R S Puram (We, St), Coimbatore, Tamil Nadu, India – 641002
- 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 Hulikkal Electro (India) Private Limited
The main business activity of Hulikkal Electro (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Hulikkal Electro (India) Private Limited FY 2025 filings available
Hulikkal Electro (India) Private Limited reported revenue of ₹1.1 Cr (down 59% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hulikkal Electro (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 59% fall in the latest year. EBITDA fell 45% 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 Hulikkal Electro (India) 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 | ₹1.1 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹72.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹98.08 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 Hulikkal Electro (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -65.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -88.9% | •••• | •••• | •••• | •••• |
| 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 Hulikkal Electro (India) 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.
Peer Comparison of Hulikkal Electro (India) Private Limited
Hulikkal Electro (India) 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 |
|---|---|---|---|---|---|---|
| Arrival Automotive India Private Limited | ₹1.13 Cr (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Cellestial E-Trac Private Limited | ₹1.12 Cr (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Avera AI Mobility Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | -76.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Imw Automotives (OPC) Private Limited | ₹1.11 Cr (FY 2024) | •••• | •••• | 97.0% | •••• | Meerut, Uttar Pradesh, India |
| Electric Plus Green Mobility Private Limited | ₹1.1 Cr (FY 2023) | •••• | •••• | •••• | Delhi, India | |
| Hulikkal Electro (India) Private Limited this company | ₹1.1 Cr (FY 2024) | •••• | •••• | -59.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sun Renewables WH Private Limited | ₹1.09 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | New Delhi, Delhi, India |
| Amec Mobility Private Limited | ₹1.08 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Nagpur, Maharashtra, India |
| Freego Bikes Private Limited | ₹1.06 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Vasai, Maharashtra, India |
| Ampersand Gosporty Private Limited | ₹1.06 Cr (FY 2024) | •••• | •••• | 1870.0% | •••• | New Delhi, Delhi, India |
| Elektro Catalyst Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hulikkal Electro (India) 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 Hulikkal Electro (India) Private Limited
Hulikkal Electro (India) Private Limited is audited by R GOVINDAN & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R GOVINDAN & CO | 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 Hulikkal Electro (India) Private Limited
Hulikkal Electro (India) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthiknarayanan Selvaraj | Additional Director | 20 Mar 2019 | 7 Years 6 Months | Current |
| Poonam Goel Also directs: Arka Multi Trade Private Limited | Director | 26 Mar 2015 | 11 Years 6 Months | Current |
| Goel Prashant Also directs: Solavio Labs Private Limited, Arka Multi Trade Private Limited | Managing Director | 02 Sep 2014 | 12 Years 1 Months | Current |
Ownership and Shareholding of Hulikkal Electro (India) 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 Hulikkal Electro (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2018 | Yes Bank Limited | ₹1.07 Cr | Open |
| 02 Feb 2016 | Syndicate Bank | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Hulikkal Electro (India) Private Limited
Hulikkal Electro (India) Private Limited has 11 deals on record (7 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹78 Lakh; the latest was in July 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Rights issue | ₹2.25 Cr | Investors: 3 individuals |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Feb 2021 | Rights issue | ₹20 Lakh | Investors: an individual |
| Mar 2019 | Rights issue | ₹73.6 Lakh | Investors: an individual |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 11 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.
Associated Brands with Hulikkal Electro (India) Private Limited
Hulikkal Electro (India) operates one associated brand: Hulikkal Electro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces electric bikes, mopeds, and accessories for daily commuting and eco-friendly transport. | hulikkal.com |
Employees and EPFO Compliance at Hulikkal Electro (India) Private Limited
Employment history and EPFO contributions of people linked to Hulikkal Electro (India).
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 Hulikkal Electro (India) Private Limited
Hulikkal Electro (India) Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Arjunan Rajasekaran ceased to be Whole-Time Director on 13 Aug 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hulikkal Electro (India) 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 Hulikkal Electro (India) 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 Hulikkal Electro (India) 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 Hulikkal Electro (India) Private Limited
Hulikkal Electro (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCH9437R1ZY | Tamil Nadu | 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 Hulikkal Electro (India) 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 Hulikkal Electro (India) Private Limited
Hulikkal Electro (India) is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 19 June 2012 (14+ years old) and is registered under CIN U34100TZ2012PTC018400.
Hulikkal Electro (India) reported revenue of ₹1.1 Cr for FY 2024 (down 59% YoY).
Hulikkal Electro (India) has 3 current directors:
- Goel Prashant - Managing Director
- Karthiknarayanan Selvaraj - Additional Director
- Poonam Goel - Director
Hulikkal Electro (India) reported a net loss of ₹98.08 Lakh (net margin -88.9%) and EBITDA of -₹72.33 Lakh (EBITDA margin -65.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hulikkal Electro (India) is -11% over three years and -3% over five years. In the latest year (FY 2024) revenue fell 59%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hulikkal Electro (India) is 33AACCH9437R1ZY, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hulikkal Electro (India) is U34100TZ2012PTC018400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hulikkal Electro (India) was incorporated on 19 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Coimbatore.
Hulikkal Electro (India) has 11 deals on record (7 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹78 Lakh; the latest was in July 2023.
The peers of Hulikkal Electro (India) by revenue are Arrival Automotive India Private Limited, Cellestial E-Trac Private Limited, Avera AI Mobility Private Limited, Imw Automotives (OPC) Private Limited, Electric Plus Green Mobility Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Arjunan Rajasekaran ceased to be Whole-Time Director on 13 Aug 2021. Karthiknarayanan Selvaraj was appointed as Additional Director on 20 Mar 2019. Kumaraswamy Subramaniam Senthil Kumar ceased to be Director on 27 Oct 2017. Hulikkal Electro (India) has 8 board changes on record in total.