MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0308804
Lycan Electric Private Limited - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹16.96 Cr
Latest filing
Net loss · FY 2023
₹1.18 Cr
Net margin -6.9%
EBITDA · FY 2023
-₹1.07 Cr
EBITDA margin -6.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹13.33 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Lycan Electric Private Limited
Data last updated:
Lycan Electric Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Tork Motors Private Limited. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 31 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U50200PN2015PTC156029. Its GSTIN is 27AAFCT4787K1ZN (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.33 Lakh. It was formerly known as Tork Electric Private Limited. It is led by directors Kapil Chandrakant Shelke and Chandrakant Nivarttirao Shelke.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 4/25 Sector No.10 Pcntda Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.96 Cr. For the same year it recorded a net loss of ₹1.18 Cr (net margin -6.9%) and EBITDA of -₹1.07 Cr (EBITDA margin -6.3%).
Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
Lycan Electric Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0308804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lycanebike.com.
Company details
CIN U50200PN2015PTC156029
Registration Number 156029
Incorporation Date 31 July 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Tork Motors Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0308804
Recognitions & Rankings of Lycan Electric
Contact details
Lycan Electric Private Limited's registered office is in Pune, Maharashtra. Its website is lycanebike.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 4/25 Sector No.10 Pcntda Bhosari, Pune, Maharashtra, India – 411026
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Lycan Electric Private Limited, buy the company report.
Comprehensive company report
Lycan 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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Business activity
The main business activities of Lycan Electric are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Lycan Electric Private Limited, buy the company report.
Financials of Lycan Electric Private Limited
FY 2023 filings availableLycan Electric Private Limited reported revenue of ₹16.96 Cr for FY 2023.
Revenue · FY 2023
₹16.96 Cr
Net loss · FY 2023
₹1.18 Cr margin -6.9%
EBITDA · FY 2023
-₹1.07 Cr margin -6.3%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹16.96 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.18 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.3% | ||||
| Net Profit Margin | -6.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Lycan Electric Private Limited, buy the company report.
Board of directors of Lycan Electric Private Limited
Lycan Electric has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Chandrakant Shelke | Director | 22 Jul 2022 | 4 Years 3 Months | Current |
| Chandrakant Nivarttirao Shelke | Director | 22 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Lycan Electric Private Limited is audited by P V Deo & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P V Deo & Associates LLP | FY 2023 | W100637 |
Shareholding
The shareholding of Lycan Electric Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lycan Electric Private Limited, buy the company report.
Legal cases
Lycan Electric Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed against the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Oap Mediatech Pvt Ltd F/K/A Outdoor Advertising Through Its Authorised Representative Mr P Bangera | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Charzit Private Limited Through Saurabh Gawade | Disposed |
| District court, RAJKOT, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company | Disposed |
To see the full case history of Lycan Electric Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Lycan Electric Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Digillence Solutions Private Limited | |||
| Demotic Media Services LLP | |||
| Ozonetel Communications Private Limited | |||
| Powerdrift Studios Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Lycan Electric Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Lycan Electric has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT4787K1ZN | Maharashtra | Active | 11 Sep 2017 |
To see the full GST registrations and return filing status of Lycan Electric Private Limited, buy the company report.
Recent activity
Lycan Electric Private Limited has 8 board changes on record since 2018: 5 appointments and 3 cessations. The latest: Premanand Mahesh Risbud ceased to be Director on 30 Jun 2024.
Ceased
Premanand Mahesh Risbud ceased to be Director.
Ceased
Meera Chandrakant Shelke ceased to be Director.
Ceased
Sonia Kapil Shelke ceased to be Director.
AGM
Lycan Electric Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Lycan Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Appointed
Chandrakant Nivarttirao Shelke was appointed as Director.
Appointed
Kapil Chandrakant Shelke was appointed as Director.
Appointed
Premanand Mahesh Risbud was appointed as Director.
Appointed
Meera Chandrakant Shelke was appointed as Director.
Appointed
Sonia Kapil Shelke was appointed as Director.
Incorporation
31 Jul 2015
Lycan Electric Private Limited was registered on 31 Jul 2015 with Roc Pune & aged 11 years 3 months as per MCA records.
Frequently asked questions
Lycan Electric is an active private limited company based in Pune, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 31 July 2015 (11+ years old) and is registered under CIN U50200PN2015PTC156029.
Lycan Electric has 2 current directors:
- Kapil Chandrakant Shelke - Director
- Chandrakant Nivarttirao Shelke - Director
The latest financial statements of Lycan Electric on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Lycan Electric is 27AAFCT4787K1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lycan Electric is U50200PN2015PTC156029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lycan Electric has 4 court cases on record: 4 filed against it. 2 are pending.
Lycan Electric was incorporated on 31 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Premanand Mahesh Risbud ceased to be Director on 30 Jun 2024. Meera Chandrakant Shelke ceased to be Director on 10 May 2024. Sonia Kapil Shelke ceased to be Director on 10 May 2024. Lycan Electric has 8 board changes on record in total.
Yes, Lycan Electric is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0308804).
Lycan Electric has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Lycan Electric can be reached through the website lycanebike.com. Its registered office is in Pune, Maharashtra, India.
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