- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0019557

About Shop Elect Private Limited
Data last updated:
Shop Elect Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 30 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2014PTC252633.
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors including Chanchal Gulzarilal Anand and Taruna Rohit Anand.
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 5 Ground Floor Kasturi Tower Near Three Petrol Pumps Lbs Marg Thane (West), Maharashtra, India – 400602.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.33 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Cr (net margin -248%) and EBITDA of -₹1.5 Cr (EBITDA margin -237.6%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 45% over five years.
The company is associated with 1 brand: Shopelect. As per MCA filings, the company has satisfied charges of ₹6 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Shop Elect Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0019557). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shopelect.com.
Company details
Recognitions & Rankings of Shop Elect
Contact details
Shop Elect Private Limited's registered office is in Thane, Maharashtra. Its website is shopelect.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5 Ground Floor Kasturi Tower Near Three Petrol Pumps Lbs Marg Thane (West), Maharashtra, India – 400602
- IndustryE-Commerce, Online Electronics Retail
To see the full contact details of Shop Elect 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
Shop Elect operates one associated brand: Shopelect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shopelect hosts a digital marketplace for industrial electrical and engineering products. | shopelect.com |
Business activity
The main business activities of Shop Elect are trade and professional, scientific and technical. In detail, this covers wholesale trading and management consultancy 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 | M3 | Management consultancy activities |
To see the full business activity and turnover split of Shop Elect Private Limited, buy the company report.
Financials of Shop Elect Private Limited
FY 2025 filings availableShop Elect Private Limited reported revenue of ₹63.33 Lakh (down 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 82% fall in the latest year. EBITDA fell 931% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.5 Cr | ||||
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| Net Profit (PAT) | -₹1.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -237.6% | ||||
| Net Profit Margin | -248% | ||||
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To see the full financial statements and ratios of Shop Elect Private Limited, buy the company report.
Board of directors of Shop Elect Private Limited
Shop Elect has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanchal Gulzarilal Anand Also directs: Kanchan Power System Private Limited | Director | 30 Jan 2014 | 12 Years 8 Months | Current |
| Taruna Rohit Anand | Director | 20 Feb 2014 | 12 Years 8 Months | Current |
| Rohit Gulzarilal Anand | Director | 30 Jan 2014 | 12 Years 8 Months | Current |
Auditor
Shop Elect Private Limited is audited by Sandeep Vishnu Chavan for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sandeep Vishnu Chavan | FY 2022 | 133719 |
Shareholding
The shareholding of Shop Elect Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shop Elect Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2019 | 100289302 | Others | ₹2 Cr | Satisfied | |
| 18 Jan 2019 | 100237400 | Others | ₹2 Cr | Satisfied | |
| 31 Dec 2015 | 10615743 | Others | ₹1.75 Cr | Satisfied | |
| 28 Mar 2014 | 10510453 | Federal Bank Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Shop Elect Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Shop Elect Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Gozoop Online Pvt.Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Gozoop Online Pvt.Ltd. | Pending |
To see the full case history of Shop Elect 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 Shop Elect Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shop Elect Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
No GST registration is on our record for Shop Elect Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shop Elect Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Taruna Rohit Anand ceased to be Additional Director on 30 Sep 2014.
4 earlier events are in the company report.
Frequently asked questions
Shop Elect is an active private limited company based in Thane, Maharashtra, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 30 January 2014 (12+ years old) and is registered under CIN U93000MH2014PTC252633.
Shop Elect has 3 current directors:
- Chanchal Gulzarilal Anand - Director
- Taruna Rohit Anand - Director
- Rohit Gulzarilal Anand - Director
The latest financial statements of Shop Elect on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shop Elect is U93000MH2014PTC252633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shop Elect has 2 court cases on record: 2 filed against it. 2 are pending.
Shop Elect was incorporated on 30 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Taruna Rohit Anand ceased to be Additional Director on 30 Sep 2014. Taruna Rohit Anand was appointed as Director on 20 Feb 2014. Chanchal Gulzarilal Anand was appointed as Director on 30 Jan 2014. Shop Elect has 4 board changes on record in total.
Yes, Shop Elect is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0019557).
Shop Elect can be reached through the website shopelect.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Shop Elect is at 5 Ground Floor Kasturi Tower Near Three Petrol Pumps Lbs Marg Thane West, Maharashtra, India – 400602.