Lectrix Motors Private Limited

Lectrix Motors Private Limited - automotive in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U51103DL2007PTC162453 Incorporated 23 April 2007 ROC Delhi HQ New Delhi, Delhi, India
Merged Private Limited Company automotive
Data last updated
Revenue · FY 2016
₹158.64 Cr
▲ 255% YoY
Net loss · FY 2016
₹9.59 Cr
Net margin -6%
EBITDA · FY 2016
-₹5.94 Cr
EBITDA margin -3.7%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Satisfied charges
₹29.71 Cr
No open charges
Company age
19 yrs
Est. 2007
Employees · EPFO
416
Provident fund records

About Lectrix Motors Private Limited

Data last updated:

Lectrix Motors Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 23 April 2007.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51103DL2007PTC162453. Its GSTIN is 10AABCL3060B1ZH (Bihar). The company held 9 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹5 Lakh. It was led by directors including Navneet Kapoor and Rakesh Malhotra.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 137 – C Dda Mig Flats Rajouri Garden, New Delhi, Delhi, India – 110027.

As per the financials filed for FY 2016, the company reported a revenue of ₹158.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.59 Cr (net margin -6%) and EBITDA of -₹5.94 Cr (EBITDA margin -3.7%).

The company had about 416 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had satisfied charges of ₹29.71 Cr on record.

The last known website on record is lectrix.in.

Company details

CIN U51103DL2007PTC162453
Registration Number 162453
Incorporation Date 23 April 2007
ROC Delhi
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016

CIN history

Lectrix Motors has one previous CIN (Corporate Identification Number): U51103DL2007PLC162453. The current CIN is U51103DL2007PTC162453, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51103DL2007PTC162453Current
U51103DL2007PLC162453Previous

Contact details

Lectrix Motors Private Limited's registered office is in New Delhi, Delhi. Its website is lectrix.in. Its e-mail address is in the company report.

  • Email
  • Website
  • Registered Address
    137 – C Dda Mig Flats Rajouri Garden, New Delhi, Delhi, India – 110027
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Lectrix Motors Private Limited, buy the company report.

Comprehensive company report
Lectrix Motors 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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Business activity

The main business activity of Lectrix Motors is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC11Motor vehicles, trailers, semi trailers and other Transport Vehicles
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

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

Financials of Lectrix Motors Private Limited

FY 2016 filings available

Lectrix Motors Private Limited reported revenue of ₹158.64 Cr (up 255% YoY) for FY 2016.

Revenue · FY 2016
₹158.64 Cr ▲ 255%
Net loss · FY 2016
₹9.59 Cr margin -6%
EBITDA · FY 2016
-₹5.94 Cr margin -3.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 255%
EBITDA CAGR growth
1 year
▼ 56%

Revenue rose 255% in the latest year. EBITDA fell 56% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹158.64 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.94 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹9.59 Cr
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 2015-16FY 2014-15
Profitability
EBITDA Margin-3.7%
Net Profit Margin-6%
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 Lectrix Motors Private Limited, buy the company report.

Board of directors of Lectrix Motors Private Limited

Lectrix Motors has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Navneet KapoorDirector30 Jun 201214 Years 3 MonthsAs last reported
Rakesh MalhotraDirector23 Apr 200719 Years 6 MonthsAs last reported
Rajan Sundar RamakrishnanDirector30 Jun 201214 Years 3 MonthsAs last reported
Gurpreet Singh BhatiaAdditional Director14 Nov 20169 Years 11 MonthsAs last reported

Peer comparison

Lectrix Motors Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ipltech Electric Private Limited₹182.73 Cr (FY 2025)432.0%Gurgaon, Haryana, India
Zelio E-Mobility Limited₹173.8 Cr (FY 2025)83.0%Hisar, Haryana, India
Terra Motors India Private Limited₹161.95 Cr (FY 2025)-6.0%Kolkata, West Bengal, India
Lectrix Motors Private Limitedthis company₹158.64 Cr (FY 2016)-₹9.59 Cr-6%255.0%New Delhi, Delhi, India
Revolt Intellicorp Private Limited₹151.65 Cr (FY 2025)36.0%New Delhi, Delhi, India
Lectrix EV Private Limited₹144.16 Cr (FY 2023)183.0%Gurgaon, Haryana, India

To see the full peer comparison of Lectrix Motors Private Limited, buy the company report.

Auditor

Lectrix Motors Private Limited is audited by Matta & Associates for the financial year 2016.

Auditor firmFinancial yearFirm registration number
Matta & AssociatesFY 2016

Shareholding

The shareholding of Lectrix Motors Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2016
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Lectrix Motors Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹29.71 Cr
Breakdown by lending institutions
3I Infotech Trusteeship Services Limited₹19.21 Cr
Indusind Bank Ltd.₹10.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Sep 201310453754Indusind Bank Ltd.₹10.5 CrSatisfied
08 Feb 2008100881283I Infotech Trusteeship Services Limited₹19.21 CrSatisfied

To see the full charge records of Lectrix Motors Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

GST

Lectrix Motors has 9 GST registrations: 1 active and 8 cancelled or inactive.

Total GSTINs
9
Active
1
Cancelled / inactive
8
GSTINStateStatusRegistered on
10AABCL3060B1ZHBiharActive01 Jul 2017

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

Recent activity

Lectrix Motors Private Limited has 11 board changes on record since 2007: 4 appointments and 7 cessations. The latest: Gurpreet Singh Bhatia was appointed as Additional Director on 14 Nov 2016.

Appointed
Gurpreet Singh Bhatia was appointed as Additional Director.
AGM
Lectrix Motors Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Charges
A charge registered on 28 Sep 2013 via Charge ID 10453754 with Indusind Bank Ltd. was fully satisfied on 22 Aug 2016.
Filing
Lectrix Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Delhi.
Ceased
Om Parkash Kapoor ceased to be Director.
Charges
A charge registered on 08 Feb 2008 via Charge ID 10088128 with 3I Infotech Trusteeship Services Limited was fully satisfied on 21 May 2014.
Charges
A charge with Indusind Bank Ltd. amounted to Rs. 10.50 Cr with Charge ID 10453754 was registered on 28 Sep 2013.
Ceased
Navneet Kapoor ceased to be Additional Director.
Ceased
Rajan Sundar Ramakrishnan ceased to be Additional Director.
Ceased
Madan Lal Malhotra ceased to be Director.
Appointed
Navneet Kapoor was appointed as Director.
Appointed
Rajan Sundar Ramakrishnan was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Lectrix Motors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Lectrix Motors was a private limited company based in New Delhi, Delhi, India. The company worked in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 23 April 2007 and is registered under CIN U51103DL2007PTC162453. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Lectrix Motors was incorporated on 23 April 2007. It is registered with the Registrar of Companies, Delhi.

Lectrix Motors had 4 directors:

The CIN (Corporate Identification Number) of Lectrix Motors is U51103DL2007PTC162453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Lectrix Motors is at 137 – C Dda Mig Flats Rajouri Garden, New Delhi, Delhi, India – 110027.

Lectrix Motors can be reached through the website lectrix.in. Its registered office is in New Delhi, Delhi, India.

The latest financial statements of Lectrix Motors on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

The GSTIN of Lectrix Motors is 10AABCL3060B1ZH, registered in Bihar. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.

Lectrix Motors operated in the automotive industry, in the electrical and bio fuel vehicles segment.

The peers of Lectrix Motors by revenue are Ipltech Electric Private Limited, Zelio E-Mobility Limited, Terra Motors India Private Limited, Revolt Intellicorp Private Limited, Lectrix EV Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).