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Evolet

U34300HR2019PLC080343ActivePrivateUnlisted

Last updated: 2026-06-09

Compliance Health · F

3 / 9 signals passed

Evolet is a Private Indian company incorporated in 2019 and based in Haryana, India. Evolet operates in Motor Vehicles (NIC 34300) with authorized capital of —. RegisterKaro's Compliance Health Score for the company is 30/100 (grade F), reflecting a weak compliance posture.

Risk FlagsFinancials not yet extracted · awaiting AOC-4 XBRLDirectors not yet extracted · awaiting MGT-7Health F · 30/100

Revenue (latest FY)

—

Awaiting extraction

PAT (latest FY)

—

Awaiting extraction

Open Charges

No encumbrances

Active Directors

No resignations

Paid-up Capital

—

Filings on Record

All current

Incorporated

2019

7 years old

State

Haryana

Sector

Motor Vehicles

NIC 34300

Class

Private

Sub-category

—

Authorized Capital

—

Paid-up Capital

—

Members

—

Last AGM

—

Last Balance Sheet

—

Latest Filing

—

Registered Email

—

Registered Office

—

EVOLETTRACXN · PUBLIC DATA

Brand EVOLET · Legal entity Evolet

EVOLET - Electric vehicle manufacturer.

Total Funding

Latest Round

—

Revenue

Valuation

Funding Rounds

—

Employees

Stage

Unfunded

Gurugram

Founded

2019

Source: Tracxn (public profile) · joined to MCA on CIN U34300HR2019PLC080343

Quick facts

Identity · Activity · Auditor · Contact

Registered office

—

NIC code

34300

Statutory auditor

Awaiting ADT-1 / AOC-4 extraction

Registered email

—

Section

Motor Vehicles

ROC

—

Website

https://www.evoletindia.com

Class · sub-category

Private

Incorporation · Last AGM

— · —

Directors

From MGT-7 annual returnLocked

Arun Malhotra

Managing Director

5.9y · Hyderabad · DIN 2847660

Sneha Gupta

Whole-time Director

5.9y · Hyderabad · DIN 2082515

Priya Nair

Managing Director

3.0y · Bengaluru · DIN 8073714

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Directors, DINs & appointment history for Evolet.

~~₹499~~₹169(excl. taxes)

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What you'll get

Incorporation Documents
Change in Directors & Designated Partner
Board Resolutions
Financial Statements & Annual Filings
Charge Documents (Summary)

MCA Filings

AOC-4 · MGT-7 historyLocked

Form	FY	Filed	Due	Delay	Status
AOC-4	FY2024-25	30 Oct 2024	30 Oct 2024	0d	filed
MGT-7	FY2024-25	25 Nov 2024	29 Nov 2024	0d	filed
AOC-4	FY2023-24	30 Oct 2023	30 Oct 2023	+2d	filed
MGT-7	FY2023-24	25 Nov 2023	29 Nov 2023	0d	filed
AOC-4	FY2022-23	30 Oct 2022	30 Oct 2022	0d	filed
MGT-7	FY2022-23	23 Nov 2022	29 Nov 2022	0d	filed

Get financial statements & other filing documents

Full MCA filing history for Evolet.

~~₹499~~₹169(excl. taxes)

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What you'll get

Incorporation Documents
Change in Directors & Designated Partner
Board Resolutions
Financial Statements & Annual Filings
Charge Documents (Summary)

Charges

Registered charges & encumbrancesLocked

Charge ID	Holder	Amount	Created	Status
258624121	HDFC Bank Ltd(Bank)	₹21.77 Cr	12 Mar 2022	Open
437353122	ICICI Bank Ltd(Bank)	₹16.77 Cr	27 Jan 2021	Satisfied
407803165	Kotak Mahindra Bank Ltd(Bank)	₹10.46 Cr	19 Sep 2022	Satisfied
529053268	Kotak Mahindra Bank Ltd(Bank)	₹5.10 Cr	19 Sep 2022	Satisfied
927913543	ICICI Bank Ltd(Bank)	₹6.06 Cr	19 Sep 2021	Open

See registered charges & lenders

Charge IDs, lenders & amounts for Evolet.

~~₹499~~₹169(excl. taxes)

Buy Financial & Company Filings

What you'll get

Incorporation Documents
Change in Directors & Designated Partner
Board Resolutions
Financial Statements & Annual Filings
Charge Documents (Summary)

Financial Performance

Revenue · PAT · Net worth by FYLocked

FY	Revenue	PAT	Net Worth	Total Assets	Employees
FY2024-25	₹25.57 Cr	₹3.88 Cr	₹26.98 Cr	₹41.68 Cr	311
FY2023-24	₹23.41 Cr	₹3.22 Cr	₹14.06 Cr	₹28.82 Cr	176
FY2022-23	₹17.98 Cr	₹2.30 Cr	₹11.66 Cr	₹29.28 Cr	13
FY2021-22	₹17.39 Cr	₹2.32 Cr	₹8.90 Cr	₹19.22 Cr	70

Gain deeper financial insights of this entity

Audited financials & ratios for Evolet.

~~₹999~~₹249(excl. taxes)

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What you'll get

Financial Summary & Charts
Income Statement, Balance Sheet, Cashflow
Profitability, Liquidity & Growth Ratios
Audited Financial Statement (AOC-4)

Detailed Financials

Income statement + balance sheetLocked

Line item	FY2024-25	FY2023-24	FY2022-23	FY2021-22
Income statement
Revenue from operations	₹25.57 Cr	₹23.41 Cr	₹17.98 Cr	₹17.39 Cr
Other income	₹65.63 L	₹54.94 L	₹27.87 L	₹22.13 L
Total income	₹26.22 Cr	₹23.96 Cr	₹18.26 Cr	₹17.61 Cr
Total expenses	₹21.25 Cr	₹19.84 Cr	₹15.31 Cr	₹14.64 Cr
Profit before tax	₹5.05 Cr	₹4.19 Cr	₹2.99 Cr	₹3.02 Cr
Profit / (Loss) after tax	₹3.88 Cr	₹3.22 Cr	₹2.30 Cr	₹2.32 Cr
Balance sheet
Equity / Net worth	₹26.98 Cr	₹14.06 Cr	₹11.66 Cr	₹8.90 Cr
Borrowings	₹6.57 Cr	₹6.46 Cr	₹3.89 Cr	₹3.35 Cr
Current liabilities	₹7.55 Cr	₹8.82 Cr	₹9.47 Cr	₹5.19 Cr
Total liabilities	₹14.70 Cr	₹14.75 Cr	₹17.62 Cr	₹10.32 Cr
Current assets	₹15.68 Cr	₹14.57 Cr	₹14.71 Cr	₹10.01 Cr
Cash & equivalents	₹4.18 Cr	₹3.49 Cr	₹2.67 Cr	₹2.66 Cr
Total assets	₹41.68 Cr	₹28.82 Cr	₹29.28 Cr	₹19.22 Cr
Employees	311	176	13	70

Gain deeper financial insights of this entity

Audited financials & ratios for Evolet.

~~₹999~~₹249(excl. taxes)

Buy Financial Report

What you'll get

Financial Summary & Charts
Income Statement, Balance Sheet, Cashflow
Profitability, Liquidity & Growth Ratios
Audited Financial Statement (AOC-4)

Compounded Annual Growth Rate

Derived from multi-FY filingsLocked

Metric	Latest value	1Y CAGR	3Y CAGR	5Y CAGR
Revenue	₹25.57 Cr	+6.4%	-3.4%	+13.6%
Profit after Tax	₹3.88 Cr	+9.6%	+18.3%	+5.0%
Net Worth	₹26.98 Cr	+19.4%	+10.6%	+9.5%
Employees	311	+1.7%	-5.6%	+13.3%

Gain deeper financial insights of this entity

Audited financials & ratios for Evolet.

~~₹999~~₹249(excl. taxes)

Buy Financial Report

What you'll get

Financial Summary & Charts
Income Statement, Balance Sheet, Cashflow
Profitability, Liquidity & Growth Ratios
Audited Financial Statement (AOC-4)

Financial Ratios

Profitability · leverage · efficiencyLocked

FY	Revenue	PAT	PAT margin	Rev growth	ROE	ROA	D/E	Rev/emp
FY2024-25	₹25.57 Cr	₹3.88 Cr	+15.20%	+22.31%	+14.40%	+9.32%	0.24	₹8.22 L
FY2023-24	₹23.41 Cr	₹3.22 Cr	+13.75%	+14.51%	+22.89%	+11.17%	0.46	₹13.30 L
FY2022-23	₹17.98 Cr	₹2.30 Cr	+12.79%	-14.36%	+19.72%	+7.85%	0.33	₹1.38 Cr
FY2021-22	₹17.39 Cr	₹2.32 Cr	+13.35%	+0.41%	+26.08%	+12.08%	0.38	₹24.85 L

Gain deeper financial insights of this entity

Audited financials & ratios for Evolet.

~~₹999~~₹249(excl. taxes)

Buy Financial Report

What you'll get

Financial Summary & Charts
Income Statement, Balance Sheet, Cashflow
Profitability, Liquidity & Growth Ratios
Audited Financial Statement (AOC-4)

Cap Table & Shareholding

Promoter · institutional · publicLocked

Category	Shareholders	Shares held	%
Promoters	3	2,11,37,364	77.83%
Institutional Investors	2	17,83,389	6.57%
Public & Others	52	42,38,277	15.61%

See the full shareholding pattern

Promoter, institutional & public holding for Evolet.

~~₹499~~₹169(excl. taxes)

Buy Financial & Company Filings

What you'll get

Incorporation Documents
Change in Directors & Designated Partner
Board Resolutions
Financial Statements & Annual Filings
Charge Documents (Summary)

Peer Benchmark

7 peersSame sector + state + ±5y vintage

MetricThis companyCohort medianCohort P75Quartile

Revenue (latest FY)

—

PAT (latest FY)

—

Employees

—

Paid-up capital

—

Compliance Health

Bottom quartile · P0

Top 10 in Motor Vehicles

by healthView all ›

Vogo Automotive Private Limited

Tamil Nadu · Inc 2015

Paid-up

Revenue

A · 96

Layermin Private Limited

Maharashtra · Inc 2017

Paid-up

Revenue

A · 96

Searock Precision Products

Karnataka · Inc 1996

Paid-up

Revenue

C · 63

Electrotherm

Gujarat · Inc 1983

Paid-up

Revenue

C · 63

Premierplus

PN · Inc 2009

Paid-up

Revenue

C · 63

Hero Electric

Delhi · Inc 2007

Paid-up

Revenue

C · 63

Godson Auto

Punjab · Inc 2014

Paid-up

Revenue

C · 63

Arenaofwadgaon.Com

Maharashtra · Inc 2021

Paid-up

Revenue

C · 63

Vikramshilaautomobiles

Bihar · Inc 2022

Paid-up

Revenue

C · 63

Metalman Auto Limited

Delhi · Inc 1986

Paid-up

Revenue

C · 63

External data sources

7 plannedWhat lands here as ingestion comes online

GSTIN Registrations

Planned

GST portal

Per-state GSTINs + GSTR-1/3B filing cadence + turnover bracket. PAN-keyed scrape.

MSME Payment Delays

Planned

MSME-1 form

Half-yearly disclosure of payments delayed beyond 45 days to MSME suppliers.

Related Party Transactions

Planned

AOC-4 schedule

Counterparty, nature, transaction value. Inter-company loans, sales, royalty.

Credit Ratings

Planned

CRISIL / ICRA / CARE feeds

Long-term + short-term ratings, with rationale on rating actions.

Trademarks

Planned

IP India Trademark Registry

Applied, registered, opposed. Class numbers + status.

Patents

Planned

IP India Patent Registry

Applications and grants. Inventor names + filing dates.

Legal Cases

Planned

eCourts + Indian Kanoon

Ongoing + past litigations the entity is party to.

Each source is wired as a separate ingestion adapter behind the scraper. Live status flips per CIN as records land.

FAQs about Evolet

When was Evolet incorporated?

Evolet was incorporated in 2019. Its CIN is U34300HR2019PLC080343 and it is registered with the relevant Registrar of Companies.

Where is Evolet located?

Evolet is headquartered in Haryana.

What sector does Evolet operate in?

Evolet operates in the Motor Vehicles sector (NIC code 34300), classified as Indian Non-Govt Company.

Who are the directors of Evolet?

Director details for Evolet have not yet been extracted from MGT-7 filings.

What is the paid-up capital of Evolet?

Evolet has authorized capital of — and paid-up capital of —.

Does Evolet have any open charges?

Evolet has no open MCA-registered charges on record.

What is Evolet's Compliance Health Score?

RegisterKaro's Compliance Health Score for Evolet is 30/100 (grade F), based on 9 weighted signals across MCA filings, charges, directors, capital, and overall status. 3 of 9 signals passed.