About Lectrix E-Vehicles Private Limited
Data last updated: 04 February 2026
Lectrix E-Vehicles Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Lakshya E-Commerce Pte. Ltd. It specialises in electrical and bio fuel vehicles, a part of the broader automotive sector. Incorporated on 08 March 2017, the company has been in operation for over 9 years.
Registered with ROC Delhi under CIN U31100HR2017FTC101950.
Capital: an authorised share capital of ₹3.11 Cr and a paid-up capital of ₹3.08 Cr. Formerly known as Livcredit India Private Limited and Livfincap India Private Limited. It is led by directors including Paresh Chandra Pradhan and Navneet Kapoor.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No.221 Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016.
As per the financials filed for FY 2025, the company reported a revenue of ₹128.13 Cr, a decline of 32% compared to the previous year.
The company has a workforce of approximately 186 employees as per the latest available data. It operates as a subsidiary of Lakshya E-Commerce Pte. Ltd. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Lectrix, Sar Group. As per MCA filings, the company has open charges of ₹179.62 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sar-group.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media**************
-
Registered AddressPlot No.221 Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016
-
IndustryAutomotive, Electrical and Bio Fuel Vehicles
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Lectrix E-Vehicles Private Limited
Lectrix E-Vehicles Private Limited has undergone 3 name changes throughout its history. The company was previously known as Livcredit India Private Limited, Livfincap India Private Limited, and Lectrix E-Vehicles Private Limited. The current legal name is Lectrix E-Vehicles Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Lectrix E-Vehicles Private Limited | Current |
| Livcredit India Private Limited | Previous |
| Livfincap India Private Limited | Previous |
CIN History of Lectrix E-Vehicles Private Limited
Lectrix E-Vehicles Private Limited has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31100HR2017FTC101950, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31100HR2017FTC101950 | Current |
| U65929DL2017FTC314110 | Previous |
| U31100DL2017FTC314110 | Previous |
| U65100DL2017FTC314110 | Previous |
| U74110DL2017FTC314110 | Previous |
Associated Brands with Lectrix E-Vehicles Private Limited
Lectrix E-Vehicles Private Limited operates two associated brands: Lectrix and SAR Group. These brands represent Lectrix E-Vehicles Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Diversified conglomerate operating in energy storage and power electronics | sar-group.com | |
| Electric rickshaws are developed and manufactured by Lectrix in India. | lectrixev.com |
Competitors & Alternatives of Lectrix E-Vehicles Private Limited
Brands and companies operating in the same space as Lectrix E-Vehicles Private Limited include ETO Motors, Atul Greentech, Montra Electric and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
ETO Motors
|
Online platform offering electric vehicles and fleet management solutions | Hyderabad, India, India | 2018 |
Atul Greentech
|
Electric rickshaws are manufactured and developed by Atul Greentech. | Ahmedabad, India, India | 2020 |
Montra Electric
|
Electric three-wheelers are manufactured by Montra Electric in India. | Chennai, India, India | 2020 |
3evi
|
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | Bengaluru, India, India | 2019 |
GMW
|
Platform offering electric mobility solutions | Hyderabad, India, India | 2010 |
eblu
|
Develops innovative technologies for electric autorickshaws. | Raipur, India, India | 2019 |
Indo Wagen
|
Produces eco-friendly electric rickshaws and e-carts for transportation needs. | Kolkata, India, India | 2013 |
TI Clean Mobility
|
Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | Chennai, India, India | 2022 |
Business Activity of Lectrix E-Vehicles Private Limited
Lectrix E-Vehicles Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | ********* |
Auditor Details of Lectrix E-Vehicles Private Limited
Lectrix E-Vehicles Private Limited is audited by Gupta Nyar & Co. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gupta Nyar & Co. | blur-value | blur-value | blur-value |
Board of Directors of Lectrix E-Vehicles Private Limited
Lectrix E-Vehicles Private Limited is currently managed by 5 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paresh Chandra Pradhan | Director | 18 Aug 2021 | 4 Years 10 Months | Current |
|
Navneet Kapoor
Also directs:
Navodhyam Holdings Llp, Nk Family Llp, Wattmart Energy Stores Private Limited and 5 more
|
Managing Director | 18 Aug 2021 | 4 Years 10 Months | Current |
|
Rakesh Malhotra
Also directs:
Livpure Smart Homes Private Limited, Livpure Private Limited, Livguard Energy Technologies Private Limited and 3 more
|
Director | 16 Feb 2022 | 4 Years 4 Months | Current |
| Kamakshi Malhotra | Director | 29 Mar 2023 | 3 Years 3 Months | Current |
|
Ajay Kumar Goswami
Also directs:
Mooving Smart Mobility And Energy Private Limited, Livguard Drivetrain Private Limited, Fly Mobiles Private Limited and 5 more
|
Director | 18 Aug 2021 | 4 Years 10 Months | Current |
Financials of Lectrix E-Vehicles Private Limited FY 2025 filings available
Lectrix E-Vehicles Private Limited reported revenue of ₹128.13 Cr (down 32% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Lectrix E-Vehicles Private Limited
As of FY 2024, Lectrix E-Vehicles Private Limited's shareholding pattern shows 96.89% by promoters, 3.11% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Lectrix E-Vehicles Private Limited
Lectrix E-Vehicles Private Limited has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects Lectrix E-Vehicles Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Lectrix Technologies Private Limited | U31100DL2019PTC349551 |
**.**%
|
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Lectrix E-Vehicles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2024 | Others | ₹16 Lakh | Open |
| 27 Oct 2021 | State Bank of India | ₹18 Cr | Open |
| 27 Oct 2021 | State Bank of India | ₹18 Cr | Open |
| 24 Aug 2021 | Tata Capital Financial Services Limited | ₹3 Cr | Open |
| 22 Dec 2020 | Others | ₹140.46 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Lectrix E-Vehicles Private Limited
View historical data on people associated with Lectrix E-Vehicles Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Lectrix E-Vehicles Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Lectrix E-Vehicles Private Limited
GSTIN & GST Filing Data of Lectrix E-Vehicles Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Lectrix E-Vehicles Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Lectrix E-Vehicles Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Lectrix E-Vehicles Private Limited
MSME Payment Delays by Lectrix E-Vehicles Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Lectrix E-Vehicles Private Limited
Subsidiaries & Group Companies of Lectrix E-Vehicles Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Lectrix E-Vehicles Private Limited with ownership details.
MCA Filings & Documents of Lectrix E-Vehicles Private Limited
MCA Filings & Documents of Lectrix E-Vehicles Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Lectrix E-Vehicles Private Limited
Recent News on Lectrix E-Vehicles Private Limited
Frequently Asked Questions about Lectrix E-Vehicles Private Limited
Lectrix E-Vehicles Private Limited is an active foreign private limited company in the automotive sector based in Gurgaon, Haryana, India. It was incorporated on 08 March 2017 (9+ years old) and is registered under CIN U31100HR2017FTC101950. The company has 186 employees.
Lectrix E-Vehicles Private Limited reported revenue of ₹128.13 Cr for FY 2025 (down 32.00% YoY).
The current directors of Lectrix E-Vehicles Private Limited are:
The primary industry of Lectrix E-Vehicles Private Limited is automotive. The company specifically operates in electrical and bio fuel vehicles. The company is currently active in this sector.
Lectrix E-Vehicles Private Limited can be reached at the registered office: Plot No.221 Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016, or through the website sar-group.com.
The authorised capital is ₹3.11 Cr, and the paid-up capital is ₹3.08 Cr.