About Lectrix EV Private Limited
Data last updated:
Lectrix EV Private Limited was a private limited company based in Gurgaon, Haryana, India, operated as a subsidiary of Lectrix E-Vehicles Pvt Ltd. 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 13 March 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U31100HR2012PTC103076. Its GSTIN is 06AAHCM7894E1Z3 (Haryana). The company held 10 GST registrations, of which 7 are active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mlm Water Purifiers Private Limited. It was led by directors including Paresh Chandra Pradhan and Navneet Kapoor.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Plot No. 221 Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016.
As per the financials filed for FY 2023, the company reported a revenue of ₹144.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹35.73 Cr (net margin -24.8%) and EBITDA of -₹22.56 Cr (EBITDA margin -15.7%).
The company had about 217 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Lectrix. As per MCA filings, the company had satisfied charges of ₹71 Lakh on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending. The company has 8 deals on record (3 convertible or debt financings, 2 debt financings, 2 acquisitions), with disclosed funding of ₹130.79 Cr; the latest was in March 2023. Its 4 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 2 larger and 2 smaller; the largest is Lectrix Motors Private Limited with revenue of ₹158.64 Cr.
The last known website on record is lectrixev.com.
Company details
CIN history
Lectrix EV has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31100HR2012PTC103076, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31100HR2012PTC103076 | Current |
| U61200DL2012PTC232806 | Previous |
| U31100DL2012PTC232806 | Previous |
Contact details
Lectrix EV Private Limited's registered office is in Gurgaon, Haryana. Its website is lectrixev.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 221 Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Lectrix EV Private Limited, buy the company report.
- 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
Brands
Lectrix EV operates one associated brand: Lectrix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric rickshaws are developed and manufactured by Lectrix in India. | lectrixev.com |
Business activity
The main business activity of Lectrix EV is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Lectrix EV Private Limited, buy the company report.
Financials of Lectrix EV Private Limited
FY 2023 filings availableLectrix EV Private Limited reported revenue of ₹144.16 Cr (up 183% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 183% in the latest year. EBITDA fell 74% in the latest year. All are worked out from the filed statements.
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 | |||||
| Other Income | |||||
| Total Revenue | ₹144.16 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹22.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹35.73 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 | -15.7% | ||||
| Net Profit Margin | -24.8% | ||||
| 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 EV Private Limited, buy the company report.
Board of directors of Lectrix EV Private Limited
Lectrix EV has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paresh Chandra Pradhan | Director | 18 Aug 2021 | 5 Years 2 Months | As last reported |
| Navneet Kapoor Also directs: Multiples Private Equity Fund II LLP, Navodhyam Holdings LLP, NK Family LLP and 5 more | Director | 13 Mar 2012 | 14 Years 7 Months | As last reported |
| Kamakshi Malhotra | Director | 30 Mar 2023 | 3 Years 7 Months | As last reported |
| Ajay Kumar Goswami | Director | 18 Aug 2021 | 5 Years 2 Months | As last reported |
Peer comparison
Lectrix EV Private Limited is compared with the 4 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lectrix Motors Private Limited | ₹158.64 Cr (FY 2016) | 255.0% | New Delhi, Delhi, India | |||
| Revolt Intellicorp Private Limited | ₹151.65 Cr (FY 2025) | 36.0% | New Delhi, Delhi, India | |||
| Lectrix EV Private Limitedthis company | ₹144.16 Cr (FY 2023) | -₹35.73 Cr | -24.8% | 183.0% | 217 | Gurgaon, Haryana, India |
| Vani Electric Vehicles Private Limited | ₹142.1 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Lectrix E-Vehicles Private Limited | ₹128.13 Cr (FY 2025) | -32.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Lectrix EV Private Limited, buy the company report.
Auditor
Lectrix EV Private Limited is audited by GUPTA NAYAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA NAYAR & CO. | FY 2023 | 008376N |
Shareholding
The shareholding of Lectrix EV 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 Lectrix EV Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2022 | 100659907 | Others | ₹18.5 Lakh | Satisfied | |
| 13 Apr 2021 | 100462976 | Others | ₹10 Lakh | Satisfied | |
| 17 Aug 2020 | 100369091 | Others | ₹42.5 Lakh | Satisfied |
To see the full charge records of Lectrix EV Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Lectrix EV Private Limited has 8 deals on record (3 convertible or debt financings, 2 debt financings, 2 acquisitions), with disclosed funding of ₹130.79 Cr; the latest was in March 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Acquisition | ₹36.17 Cr | Buyer: Ncubate Capital Partners |
| Mar 2022 | Debt financing | ₹12.84 Cr | Investors: Ncubate Capital Partners |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Lectrix E-Vehicles Private Limited Seller: 2 individuals |
| Jun 2020 | Acquisition | ₹3 Cr | Buyer: Ncubate Capital Partners |
| May 2019 | Debt financing | ₹39.45 Cr | Investors: Ncubate Capital Partners |
To see the full deal history of Lectrix EV Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lectrix EV Private Limited has 7 court cases on record: 5 filed by Lectrix EV, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Arbitration matter | Filed by the company against Ms Greenfuel Energy Solutions Private Limited | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against State of West Bengal and Ors. | Pending |
| District court, Central, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against an individual | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Lectrix EV 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
No delayed payments to MSME suppliers are on our record for Lectrix EV Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lectrix EV Private Limited has a workforce of 217 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Lectrix EV has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCM7894E1Z3 | Haryana | Active | 11 Apr 2019 |
| 06AAHCM7894E2Z2 | Haryana | Active | 01 Feb 2024 |
| 07AAHCM7894E2Z0 | Delhi | Active | 04 Aug 2020 |
| 18AAHCM7894E1ZY | Assam | Active | 05 Oct 2021 |
To see the full GST registrations and return filing status of Lectrix EV Private Limited, buy the company report.
Recent activity
Lectrix EV Private Limited has 10 board changes on record since 2012: 4 appointments and 6 cessations. The latest: Kamakshi Malhotra ceased to be Additional Director on 29 Dec 2023.
7 earlier events are in the company report.
News
Frequently asked questions
Lectrix EV 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 EV was a private limited company based in Gurgaon, Haryana, India. The company worked in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 13 March 2012 and is registered under CIN U31100HR2012PTC103076. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Lectrix EV was incorporated on 13 March 2012. It is registered with the Registrar of Companies, Delhi.
Lectrix EV had 4 directors:
- Paresh Chandra Pradhan - Director
- Navneet Kapoor - Director
- Kamakshi Malhotra - Director
- Ajay Kumar Goswami - Director
The CIN (Corporate Identification Number) of Lectrix EV is U31100HR2012PTC103076. 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 EV is at Plot No. 221 Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016.
Lectrix EV can be reached through the website lectrixev.com. Its registered office is in Gurgaon, Haryana, India.
The latest financial statements of Lectrix EV on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Lectrix EV is 06AAHCM7894E1Z3, registered in Haryana. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAHCM7894E2Z2 (Haryana), 07AAHCM7894E2Z0 (Delhi), 18AAHCM7894E1ZY (Assam).
Lectrix EV operated in the automotive industry, in the electrical and bio fuel vehicles segment.
Lectrix EV has 8 deals on record (3 convertible or debt financings, 2 debt financings, 2 acquisitions), with disclosed funding of ₹130.79 Cr; the latest was in March 2023.
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