DPIIT recognised startup Government of India
Startup India
Sytiqhub EV Solutions Private Limited - automotive in Vijayawada, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.76 Cr
▲ 48752625% YoY
Net profit · FY 2023
₹2.76 Lakh
Net margin 1.6%
EBITDA · FY 2023
₹14.44 Lakh
EBITDA margin 8.2%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹2.33 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Sytiqhub EV Solutions Private Limited
Data last updated:
Sytiqhub EV Solutions Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 26 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U31100AP2021PTC120174. Its GSTIN is 37ABHCS3797D1ZY (Andhra Pradesh).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Venkateswararao Korukonda and Gopal Reddy Lakkireddy.
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 R S No 218/1 B2B Surampalli, Vijayawada, Andhra Pradesh, India – 521212.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.76 Lakh (net margin 1.6%) and EBITDA of ₹14.44 Lakh (EBITDA margin 8.2%).
The company is associated with 1 brand: Sytiqhubev. As per MCA filings, the company has open charges of ₹2.33 Cr on record.
Sytiqhub EV Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0022666). For more details, the company can be reached via its website sytiqhubev.com.
Company details
CIN U31100AP2021PTC120174
Registration Number 120174
Incorporation Date 26 November 2021
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-AP-06-0022666
Key People
Venkateswararao Korukonda Director Gopal Reddy Lakkireddy Director Nageswara Reddy Lakkireddy Director Recognitions & Rankings of Sytiqhub EV Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-06-0022666
Contact details
Sytiqhub EV Solutions Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its website is sytiqhubev.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressR S No 218/1 B2B Surampalli, Vijayawada, Andhra Pradesh, India – 521212
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Sytiqhub EV Solutions Private Limited, buy the company report.
Comprehensive company report
Sytiqhub EV Solutions 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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Brands
Sytiqhub EV Solutions operates one associated brand: Sytiqhubev. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers EV batteries, charging stations, and energy solutions for vehicles. | sytiqhubev.com |
Financials of Sytiqhub EV Solutions Private Limited
FY 2025 filings availableSytiqhub EV Solutions Private Limited reported revenue of ₹1.76 Cr (up 48752625% YoY) for FY 2023.
Revenue · FY 2023
₹1.76 Cr ▲ 48752625%
Net profit · FY 2023
₹2.76 Lakh margin 1.6%
EBITDA · FY 2023
₹14.44 Lakh margin 8.2%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.76 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹14.44 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.76 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 | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.2% | |
| Net Profit Margin | 1.6% | |
| 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 Sytiqhub EV Solutions Private Limited, buy the company report.
Board of directors of Sytiqhub EV Solutions Private Limited
Sytiqhub EV Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswararao Korukonda | Director | 26 Nov 2021 | 4 Years 11 Months | Current |
| Gopal Reddy Lakkireddy Also directs: Sytiqhub Educational Services Private Limited | Director | 26 Nov 2021 | 4 Years 11 Months | Current |
| Nageswara Reddy Lakkireddy | Director | 26 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Sytiqhub EV Solutions Private Limited is audited by B KIRAN KUMAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B KIRAN KUMAR & ASSOCIATES | FY 2023 | 257508 |
Shareholding
The shareholding of Sytiqhub EV Solutions Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sytiqhub EV Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.33 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2023 | 100697231 | State Bank of India | ₹2.33 Cr | Open |
To see the full charge records of Sytiqhub EV Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sytiqhub EV Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sytiqhub EV Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sytiqhub EV Solutions Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
Active EPFO establishments
1
GST
Sytiqhub EV Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37ABHCS3797D1ZY | Andhra Pradesh | Active | 10 Mar 2022 |
To see the full GST registrations and return filing status of Sytiqhub EV Solutions Private Limited, buy the company report.
Recent activity
Sytiqhub EV Solutions Private Limited has 7 board changes on record since 2021: 5 appointments and 2 cessations. The latest: Sree Veera Pratapa Korkonda Hamveera Aditya Varma ceased to be Director on 06 Mar 2024.
AGM
Sytiqhub Ev Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sytiqhub Ev Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Charges
A charge with State Bank Of India of Rs. 233.00 Lakh registered on 05 Jan 2023 with Charge ID 100697231 was modified on 25 Sep 2024.
Ceased
Sree Veera Pratapa Korkonda Hamveera Aditya Varma ceased to be Director.
Ceased
Sree Veera Pratapa Korkonda Hamveera Gopala Krishnam Raju ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 233.00 Lakh with Charge ID 100697231 was registered on 05 Jan 2023.
Appointed
Sree Veera Pratapa Korkonda Hamveera Gopala Krishnam Raju was appointed as Director.
Appointed
Gopal Reddy Lakkireddy was appointed as Director.
Appointed
Nageswara Reddy Lakkireddy was appointed as Director.
Appointed
Sree Veera Pratapa Korkonda Hamveera Aditya Varma was appointed as Director.
Appointed
Venkateswararao Korukonda was appointed as Director.
Incorporation
26 Nov 2021
Sytiqhub Ev Solutions Private Limited was registered on 26 Nov 2021 with Roc Vijayawada & aged 4 years 11 months as per MCA records.
Frequently asked questions
Sytiqhub EV Solutions is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 26 November 2021 (5+ years old) and is registered under CIN U31100AP2021PTC120174.
Sytiqhub EV Solutions has 3 current directors:
- Venkateswararao Korukonda - Director
- Gopal Reddy Lakkireddy - Director
- Nageswara Reddy Lakkireddy - Director
The latest financial statements of Sytiqhub EV Solutions 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 FY 2022 are in the company report.
The GSTIN of Sytiqhub EV Solutions is 37ABHCS3797D1ZY, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Sytiqhub EV Solutions is U31100AP2021PTC120174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sytiqhub EV Solutions was incorporated on 26 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sree Veera Pratapa Korkonda Hamveera Aditya Varma ceased to be Director on 06 Mar 2024. Sree Veera Pratapa Korkonda Hamveera Gopala Krishnam Raju ceased to be Director on 06 Mar 2024. Sree Veera Pratapa Korkonda Hamveera Gopala Krishnam Raju was appointed as Director on 21 Feb 2022. Sytiqhub EV Solutions has 7 board changes on record in total.
Yes, Sytiqhub EV Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Sytiqhub EV Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-06-0022666).
Sytiqhub EV Solutions can be reached through the website sytiqhubev.com. Its registered office is in Vijayawada, Andhra Pradesh, India.
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