Ingo Electric Private Limited

Ingo Electric Private Limited - automotive in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2018PTC113674 Incorporated 05 June 2018 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company automotive DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹1.62 Cr
▼ 25% YoY
Net loss · FY 2025
₹35.77 Lakh
Net margin -22.1%
EBITDA · FY 2025
-₹28.32 Lakh
EBITDA margin -17.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹14.53 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Ingo Electric Private Limited

Data last updated:

Ingo Electric Private Limited is a private limited company based in Bengaluru, Karnataka, 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 05 June 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC113674. Its GSTIN is 29AAECI8979B1Z4 (Karnataka).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.53 Lakh. It is led by directors including Panthangi Manjunath Ramarao and Ramani Iyer.

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 No.301 Marielle Apartments 3/2 Magrath Road Richmond Town, Bengaluru, Karnataka, India – 560025.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.62 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹35.77 Lakh (net margin -22.1%) and EBITDA of -₹28.32 Lakh (EBITDA margin -17.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 27% over five years.

The company is associated with 1 brand: inGO Electric. The company has 6 deals on record (4 secondary share transfers, 2 rights issues); the latest was in March 2023. Its 3 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Raftaar Electric Green Vehicles Private Limited with revenue of ₹1.66 Cr.

Ingo Electric Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0271086). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ingoelectric.com.

Company details

CIN U74999KA2018PTC113674
Registration Number 113674
Incorporation Date 05 June 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0271086
Key People
Panthangi Manjunath Ramarao Director Ramani Iyer Director Nikhil Gonsalves Mario Clement Director

Recognitions & Rankings of Ingo Electric

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0271086

Contact details

Ingo Electric Private Limited's registered office is in Bengaluru, Karnataka. Its website is ingoelectric.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ingoelectric.com
  • Social Media
  • Registered Address
    No.301 Marielle Apartments 3/2 Magrath Road Richmond Town, Bengaluru, Karnataka, India – 560025
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Ingo Electric Private Limited, buy the company report.

Comprehensive company report
Ingo Electric 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

Ingo Electric operates one associated brand: inGO Electric. Each brand links to its own profile.

BrandDescriptionWebsite
inGO Electric
Electric two-wheeled vehicles are manufactured for business delivery use.ingoelectric.com

Business activity

The main business activity of Ingo Electric is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Ingo Electric Private Limited, buy the company report.

Financials of Ingo Electric Private Limited

FY 2025 filings available

Ingo Electric Private Limited reported revenue of ₹1.62 Cr (down 25% YoY) for FY 2025.

Revenue · FY 2025
₹1.62 Cr ▼ 25%
Net loss · FY 2025
₹35.77 Lakh margin -22.1%
EBITDA · FY 2025
-₹28.32 Lakh margin -17.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 21%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▼ 308%
3 years · compounded
▲ 29%
5 years · compounded
▼ 41%

Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 308% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹28.32 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹35.77 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-17.5%
Net Profit Margin-22.1%
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 Ingo Electric Private Limited, buy the company report.

Board of directors of Ingo Electric Private Limited

Ingo Electric has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Panthangi Manjunath Ramarao
Also directs: Ingo Materials Development Private Limited, Ingo Mobility Private Limited
Director30 Apr 20197 Years 6 MonthsCurrent
Ramani Iyer
Also directs: Aeione LLP, Vnaad Technologies LLP, Enumerati Solutions LLP and 5 more
Director11 Sep 20206 Years 1 MonthsCurrent
Nikhil Gonsalves Mario Clement
Also directs: Gonzajo Fashion Private Limited, Kripa Innovations Private Limited, Stretch Wheels Ventures Private Limited and 2 more
Director05 Jun 20188 Years 4 MonthsCurrent
View all directors

Peer comparison

Ingo Electric Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Raftaar Electric Green Vehicles Private Limited₹1.66 Cr (FY 2024)-68.0%Sirhind, Punjab, India
Ingo Electric Private Limitedthis company₹1.62 Cr (FY 2025)-₹35.77 Lakh-22.1%-25.0%Bengaluru, Karnataka, India
Riqueza Electric Vehicles Private Limited₹1.59 Cr (FY 2024)-56.0%Thane, Maharashtra, India
Winning Fuels Mobility Private Limited₹1.58 Cr (FY 2025)-26.0%Faridabad, Haryana, India

To see the full peer comparison of Ingo Electric Private Limited, buy the company report.

Shareholding

The shareholding of Ingo Electric Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Ingo Electric Private Limited, buy the company report.

Deals & funding

Ingo Electric Private Limited has 6 deals on record (4 secondary share transfers, 2 rights issues); the latest was in March 2023.

Total deals
6
Secondary share transfers
4
Rights issues
2

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: IIM Bangalore, 2 individuals
Feb 2023Rights issue₹51.4 LakhInvestors: 4 individuals
Mar 2020Rights issue₹2 CrInvestors: an individual
Mar 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
May 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Ingo Electric Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ingo Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ingo Electric has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECI8979B1Z4KarnatakaActive03 Aug 2018

To see the full GST registrations and return filing status of Ingo Electric Private Limited, buy the company report.

Recent activity

Ingo Electric Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Ramani Iyer ceased to be Additional Director on 31 Dec 2020.

AGM
Ingo Electric Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ingo Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ramani Iyer ceased to be Additional Director.
Appointed
Ramani Iyer was appointed as Director.
Ceased
Panthangi Manjunath Ramarao ceased to be Additional Director.
Ceased
Gabriel Siddharth Gonsalves John ceased to be Director.
Appointed
Panthangi Manjunath Ramarao was appointed as Director.
Appointed
Nikhil Gonsalves Mario Clement was appointed as Director.
Incorporation
05 Jun 2018
Ingo Electric Private Limited was registered on 05 Jun 2018 with Roc Bangalore & aged 8 years 4 months as per MCA records.

News

Frequently asked questions

Ingo Electric is an active private limited company based in Bengaluru, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 05 June 2018 (8+ years old) and is registered under CIN U74999KA2018PTC113674.

Ingo Electric has 3 current directors:

The latest financial statements of Ingo Electric 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 2019 are in the company report.

The GSTIN of Ingo Electric is 29AAECI8979B1Z4, registered in Karnataka.

The CIN (Corporate Identification Number) of Ingo Electric is U74999KA2018PTC113674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ingo Electric was incorporated on 05 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Ingo Electric has 6 deals on record (4 secondary share transfers, 2 rights issues); the latest was in March 2023.

The peers of Ingo Electric by revenue are Raftaar Electric Green Vehicles Private Limited, Riqueza Electric Vehicles Private Limited, Winning Fuels Mobility Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Ramani Iyer ceased to be Additional Director on 31 Dec 2020. Ramani Iyer was appointed as Director on 11 Sep 2020. Panthangi Manjunath Ramarao ceased to be Additional Director on 30 Dec 2019. Ingo Electric has 6 board changes on record in total.

Yes, Ingo Electric is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Ingo Electric is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0271086).