MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-03-0015459
Rove Electric Private Limited
Rove Electric Private Limited - energy and power in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹57.27 Lakh
▼ 84% YoY
Net loss · FY 2025
₹78.03 Lakh
Net margin -136.3%
EBITDA · FY 2025
-₹38.42 Lakh
EBITDA margin -67.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.8 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Rove Electric Private Limited
Data last updated:
Rove Electric Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31501TZ2011PTC028305. Its GSTIN is 33AAFCR4294M1ZY (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mathew Varghese and Varghese Vancen.
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 193/1 – B Vellakinar Village, Coimbatore, Tamil Nadu, India – 641029.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.27 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹78.03 Lakh (net margin -136.3%) and EBITDA of -₹38.42 Lakh (EBITDA margin -67.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹2.8 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 4 cases are pending.
Rove Electric Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0015459). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31501TZ2011PTC028305
Registration Number 028305
Incorporation Date 24 June 2011
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0015459
CIN history
Rove Electric has one previous CIN (Corporate Identification Number): U31501DL2011PTC221448. The current CIN is U31501TZ2011PTC028305, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31501TZ2011PTC028305 | Current |
| U31501DL2011PTC221448 | Previous |
Key People
Mathew Varghese Director Varghese Vancen Director Recognitions & Rankings of Rove Electric
Contact details
Rove Electric Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address193/1 – B Vellakinar Village, Coimbatore, Tamil Nadu, India – 641029
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Rove Electric Private Limited, buy the company report.
Comprehensive company report
Rove 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 activity of Rove Electric is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Rove Electric Private Limited, buy the company report.
Financials of Rove Electric Private Limited
FY 2025 filings availableRove Electric Private Limited reported revenue of ₹57.27 Lakh (down 84% YoY) for FY 2025.
Revenue · FY 2025
₹57.27 Lakh ▼ 84%
Net loss · FY 2025
₹78.03 Lakh margin -136.3%
EBITDA · FY 2025
-₹38.42 Lakh margin -67.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 10%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▼ 283%
3 years · compounded
▼ 47%
5 years · compounded
▲ 1%
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 84% fall in the latest year. EBITDA fell 283% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹38.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹78.03 Lakh | ||||
| 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 | |||||
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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 | -67.1% | ||||
| Net Profit Margin | -136.3% | ||||
| 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 Rove Electric Private Limited, buy the company report.
Board of directors of Rove Electric Private Limited
Rove Electric has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathew Varghese | Director | 10 Jun 2015 | 11 Years 4 Months | Current |
| Varghese Vancen | Director | 24 Jun 2011 | 15 Years 4 Months | Current |
Auditor
Rove Electric Private Limited is audited by BINDU SURESH KUMAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BINDU SURESH KUMAR & ASSOCIATES | FY 2020 | 008152S |
Shareholding
The shareholding of Rove Electric Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rove Electric Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2021 | 100464955 | Others | ₹30 Lakh | Open | |
| 30 Oct 2015 | 10605233 | Others | ₹2.5 Cr | Open |
To see the full charge records of Rove Electric Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Rove Electric Private Limited has 5 court cases on record: 5 filed by Rove Electric. 4 cases are pending and 1 is disposed.
Total cases
5
Filed by the company
5
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 4 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against NVT Bathware Pvt Ltd | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against M/S Modern Engineering Services Rep by Its Prop Shyju Thomas and 1 other | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against individuals | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against M/S Modern Engineering Servicers Rep Its Prop Shyju Thomas and 1 other | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Rove 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
No delayed payments to MSME suppliers are on our record for Rove Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rove Electric has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCR4294M1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rove Electric Private Limited, buy the company report.
Recent activity
Rove Electric Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Navneet Sharma ceased to be Director on 22 Jun 2016.
AGM
Rove Electric Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rove Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Others of Rs. 250.00 Lakh registered on 30 Oct 2015 with Charge ID 10605233 was modified on 16 Apr 2022.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100464955 was registered on 19 Jul 2021.
Ceased
Navneet Sharma ceased to be Director.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 10605233 was registered on 30 Oct 2015.
Ceased
Mathew Varghese ceased to be Additional Director.
Appointed
Mathew Varghese was appointed as Director.
Ceased
Rakhi Sharma ceased to be Director.
Ceased
Deepti Vancen ceased to be Director.
Appointed
Varghese Vancen was appointed as Director.
Incorporation
24 Jun 2011
Rove Electric Private Limited was registered on 24 Jun 2011 with Roc Coimbatore & aged 15 years 4 months as per MCA records.
Frequently asked questions
Rove Electric is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 June 2011 (15+ years old) and is registered under CIN U31501TZ2011PTC028305.
Rove Electric has 2 current directors:
- Mathew Varghese - Director
- Varghese Vancen - Director
The latest financial statements of Rove Electric 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 GSTIN of Rove Electric is 33AAFCR4294M1ZY, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Rove Electric is U31501TZ2011PTC028305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rove Electric has 5 court cases on record: 5 filed by the company. 4 are pending.
Rove Electric was incorporated on 24 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
Navneet Sharma ceased to be Director on 22 Jun 2016. Mathew Varghese ceased to be Additional Director on 30 Sep 2015. Mathew Varghese was appointed as Director on 10 Jun 2015. Rove Electric has 6 board changes on record in total.
Yes, Rove Electric is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0015459).
The registered office of Rove Electric is at 1931 – B Vellakinar Village, Coimbatore, Tamil Nadu, India – 641029.
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