About Jitendra New EV Tech Private Limited
Data last updated:
Jitendra New EV Tech Private Limited is a private limited company based in Nasik, Maharashtra, 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 16 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34109MH2016PTC281205. Its GSTIN is 27AADCJ7176J1Z4 (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Jitendra Shevantilal Shah and Pratik Pramod Shah.
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 Honda Showroom 60 Feet Road Near Sarda Circle Ganjmal Nasik, Maharashtra, India – 422001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.84 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹73.4 Lakh (net margin -9.4%) and EBITDA of ₹1.28 Cr (EBITDA margin 16.4%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 5% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jitendra New EV Tech. As per MCA filings, the company has open charges of ₹35 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in December 2021. 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 Ozotec Automobile Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jitendraev.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHonda Showroom 60 Feet Road Near Sarda Circle Ganjmal Nasik, Maharashtra, India – 422001
- 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 Jitendra New EV Tech Private Limited
The main business activity of Jitendra New EV Tech 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 Jitendra New EV Tech Private Limited FY 2025 filings available
Jitendra New EV Tech Private Limited reported revenue of ₹7.84 Cr (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Jitendra New EV Tech Private Limited
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 48% 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 Jitendra New EV Tech Private Limited
| 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 | ₹1.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹73.4 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Jitendra New EV Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.4% | •••• | •••• | •••• | •••• |
| 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 Jitendra New EV Tech are in the company report.
Financial statements from FY 2017
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 Jitendra New EV Tech Private Limited
Jitendra New EV Tech Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ozotec Automobile Private Limited | •••• | •••• | •••• | •••• | 37 | Coimbatore, Tamil Nadu, India |
| Ohm Automotive Private Limited | •••• | •••• | •••• | •••• | 42 | Hyderabad, Telangana, India |
| BMR EV Industries Private Limited | •••• | •••• | •••• | •••• | - | Chittoor, Andhra Pradesh, India |
| Three D Magic Mobility Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Maruthisan Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Jitendra New EV Tech Private Limited this company | •••• | •••• | •••• | •••• | - | Nasik, Maharashtra, India |
| Namah Industries Private Limited | •••• | •••• | •••• | •••• | - | East Delhi, Delhi, India |
| Chargehouse Mobility Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Mecpower Mobility Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Greenetics Industries Private Limited | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| Ogata Motors India Private Limited | •••• | •••• | •••• | •••• | 30 | Manesar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Jitendra New EV Tech by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Jitendra New EV Tech Private Limited
Jitendra New EV Tech Private Limited is audited by S P CHAVAN AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P CHAVAN AND ASSOCIATES | 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 Jitendra New EV Tech Private Limited
Jitendra New EV Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Shevantilal Shah Also directs: Jitendra Wheels (Nasik) Private Limited, Jilo Powers Private Limited, Jitendra Automobiles Private Limited and 5 more | Director | 16 May 2016 | 10 Years 4 Months | Current |
| Pratik Pramod Shah | Director | 16 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Jitendra New EV Tech 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 Jitendra New EV Tech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2021 | Others | ₹35 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Jitendra New EV Tech Private Limited
Jitendra New EV Tech Private Limited has 1 deal on record (1 rights issue); the latest was in December 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Rights issue | ₹3.49 Cr | Investors: 4 individuals |
Full deal history
All 1 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 Jitendra New EV Tech Private Limited
Jitendra New EV Tech operates one associated brand: Jitendra New EV Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces electric scooters and bikes for eco-friendly transportation solutions. | jitendraev.com |
Employees and EPFO Compliance at Jitendra New EV Tech Private Limited
Jitendra New EV Tech Private Limited has a workforce of 21 employees as of Apr 03, 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.
News related to Jitendra New EV Tech Private Limited
Recent Activity on Jitendra New EV Tech Private Limited
Jitendra New EV Tech Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Jitendra Shevantilal Shah was appointed as Director on 16 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Jitendra New EV Tech 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 Jitendra New EV Tech 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 Jitendra New EV Tech 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 Jitendra New EV Tech Private Limited
Jitendra New EV Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCJ7176J1Z4 | 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 Jitendra New EV Tech 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 Jitendra New EV Tech Private Limited
Jitendra New EV Tech is an active private limited company based in Nasik, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 16 May 2016 (10+ years old) and is registered under CIN U34109MH2016PTC281205.
Jitendra New EV Tech reported revenue of ₹7.84 Cr for FY 2025 (down 57% YoY).
Jitendra New EV Tech has 2 current directors:
- Jitendra Shevantilal Shah - Director
- Pratik Pramod Shah - Director
Jitendra New EV Tech reported a net loss of ₹73.4 Lakh (net margin -9.4%) and EBITDA of ₹1.28 Cr (EBITDA margin 16.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jitendra New EV Tech is -50% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Jitendra New EV Tech is 27AADCJ7176J1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jitendra New EV Tech is U34109MH2016PTC281205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jitendra New EV Tech was incorporated on 16 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Jitendra New EV Tech has 1 deal on record (1 rights issue); the latest was in December 2021.
The peers of Jitendra New EV Tech by revenue are Ozotec Automobile Private Limited, Ohm Automotive Private Limited, BMR EV Industries Private Limited, Three D Magic Mobility Private Limited, Maruthisan Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Jitendra Shevantilal Shah was appointed as Director on 16 May 2016. Pratik Pramod Shah was appointed as Director on 16 May 2016.