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Company Intelligence Profile

Evify Logitech Private Limited

Evify Logitech Pvt Ltd operates the "Evify" brand — described on its own website (evify.co.in) as running "India's first carbon negative EV Fleet" for B2B last-mile/local deliveries using electric vehicles.

CIN: U63030GJ2021PTC123993Active (confirmed on Tofler, updated 17 May 2026; also confirmed Active on TheCompanyCheck)RoC Gujarat / Ahmedabad (Tofler states "Gujarat"; TheCompanyCheck states "Ahmedabad" — RoC-Ahmedabad is the RoC seat covering Gujarat state, so this is not a conflict, just different labels for the same registrar)Confidence: medium
AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Company Identity

Confirmed
Registered nameEvify Logitech Private Limited
CINU63030GJ2021PTC123993
PANAAGCE5487J (confirmed — Tofler + TheCompanyCheck agree)
StatusActive (confirmed on Tofler, updated 17 May 2026; also confirmed Active on TheCompanyCheck)
ListingNot listed — private limited company, no stock exchange listing found
Incorporated09 July 2021 (confirmed — Tofler + TheCompanyCheck agree)
ROCRoC Gujarat / Ahmedabad (Tofler states "Gujarat"; TheCompanyCheck states "Ahmedabad" — RoC-Ahmedabad is the RoC seat covering Gujarat state, so this is not a conflict, just different labels for the same registrar)
Sector (NIC)Transport/logistics services — Tofler: "Supporting and auxiliary transport activities; activities of travel agencies" (NIC 63030 class, matches CIN prefix U63030); TheCompanyCheck: "Transport and logistics (integrated and diversified logistics services)". Business itself (per official site) is EV-based last-mile delivery/fleet logistics.
Registered addressOffice No. 809 & 810, 8th Floor, Titanium Business Hub, Opp. Akash Empire, Bhimrad Road, Surat, Gujarat, India – 395017 (confirmed — Tofler + TheCompanyCheck agree verbatim; also matches address on official site evify.co.in)
Authorized capitalConflicting figures across sources: Tofler states ₹1.1 Cr (₹1.09 crore); TheCompanyCheck states ₹3 Crore. Not independently confirmed — flagged as a source conflict, treat as partial.
Paid-up capital₹79.3 Lakh / ₹79.35 lakh (confirmed — Tofler + TheCompanyCheck agree)

Business Overview

Partial / conflicting
  • Evify Logitech Pvt Ltd operates the "Evify" brand — described on its own website (evify.co.in) as running "India's first carbon negative EV Fleet" for B2B last-mile/local deliveries using electric vehicles
  • It also runs a logistics arm called "EVEETO" focused on EV acquisition, maintenance, and fleet delegation to client businesses
  • Per TheCompanyCheck, the company is DPIIT-recognised as a startup
  • Operating branches noted in Surat, Vadodara, and Ahmedabad (Gujarat)
  • Source: official site evify.co.in (partial — no independent corporate filing describes business scope in this much detail
  • NIC code is a broad transport/logistics classification)

Directors

Partial / conflicting
NameDINRoleAppointed
Devrishi Nareshkumar Arora09233986Director 5-yr tenure per Tofler-
Pragya Vineet Mittal09315775Director 5-yr tenure per Tofler-

Financials

Partial / conflicting
  • Partial, FY2023-24 (source: Tofler): Revenue reported only as a range "INR 1 Cr – 100 Cr" (exact figure locked behind paywall)
  • Net Worth growth 947.67% YoY
  • Total Revenue growth 334.5% YoY
  • Borrowings growth 136.15% YoY
  • Assets growth 312.46% YoY
  • Operating Margin 127.14%, Net Profit Margin 118.54%, ROE 403.66%, ROCE 230.93%, Debt-to-Equity -1.54 (these ratio figures appear unusually extreme for a logistics company and should be treated with caution — likely reflect a very small base/early-stage financials rather than being independently re-verified)
  • Separately, TheCompanyCheck states "As of FY2025, ~₹8 Crore revenue with approximately 40 employees" — this FY2025 figure is NOT the same period as Tofler's FY2023-24 figures and the two are not directly comparable
  • no single source gives one clean audited P&L. Standalone vs consolidated basis not specified by either source
  • Net worth and PAT absolute values: not obtained (paywalled)

Charges & Loans

Confirmed
  • Confirmed (Tofler): One charge/loan facility with WHEELSEMI PRIVATE LIMITED for ₹0.5 Cr (₹50 lakh), created 27 January 2023
  • Note: Wheelsemi is a known EV-leasing company (operates the "Zypp Electric" brand) — this is a lender/vendor relationship, not evidence Evify is a Wheelsemi group entity
  • flagged to avoid entity-confusion

Competitors

Partial / conflicting
  • EV-based last-mile/B2B logistics and fleet-as-a-service peers in India (rough scale tags, not verified against Evify's own scale): Zypp Electric / Wheelsemi Pvt Ltd (larger, funded EV delivery fleet operator — also Evify's lender per the charge record above), Yulu (EV mobility/delivery, well-funded), Euler Motors (EV commercial fleet), Battery Smart (EV battery-swapping for delivery fleets, well-funded), Blowhorn (logistics/last-mile, multi-city), Shadowfax (large last-mile delivery network, partially EV)
  • These are named as sector peers based on general industry knowledge, not sourced from a single comparison document — flagged as a lighter-confidence section

Frequently Asked Questions

What does Evify Logitech Private Limited do?
Evify Logitech Pvt Ltd operates the "Evify" brand — described on its own website (evify.co.in) as running "India's first carbon negative EV Fleet" for B2B last-mile/local deliveries using electric vehicles.
What is the CIN of Evify Logitech Private Limited?
The Corporate Identification Number (CIN) of Evify Logitech Private Limited is U63030GJ2021PTC123993.
Where is Evify Logitech Private Limited registered?
Evify Logitech Private Limited is registered with RoC Gujarat / Ahmedabad (Tofler states "Gujarat"; TheCompanyCheck states "Ahmedabad" — RoC-Ahmedabad is the RoC seat covering Gujarat state, so this is not a conflict, just different labels for the s…. Registered address: Office No. 809 & 810, 8th Floor, Titanium Business Hub, Opp.
When was Evify Logitech Private Limited incorporated?
Evify Logitech Private Limited was incorporated on 09 July 2021 (confirmed — Tofler + TheCompanyCheck agree).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.