Company Intelligence Profile
Only Electriq Solutions Private Limited
Hyderabad-based EV mobility OEM (brand "ElectriQ") manufacturing 2W/3W/SCV electric vehicles and offering leasing, battery-swapping and fleet-management services for last-mile delivery.
CIN: U34100TG2021PTC157007ActiveRoC HyderabadConfidence: medium
Last updated 20 August 2026
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 name | Only Electriq Solutions Private Limited |
|---|---|
| CIN | U34100TG2021PTC157007 |
| PAN | AADCO6307Q; consistent with GSTIN prefixes "AADCO" seen on Falconebiz GST page |
| Status | Active |
| Listing | Not listed (unlisted private company) |
| Incorporated | 16 November 2021 |
| ROC | RoC Hyderabad (Telangana) — inferred from CIN "TG" code and registered address; not independently confirmed on a fetched page — partial |
| Sector (NIC) | NIC 3410 — Manufacture of motor vehicles; business per own website is EV OEM (2W/3W/SCV) |
| Registered address | H no. 17-1-382/V/II/20 Vyshali Nagar, Vaishalinagar, Saroornagar, K.V. Rangareddy, Telangana - 500079. Operational/corporate address per company website: PS Residency, Flat 202, H-No: 01-98/90/70/14/D, Jai Hind Enclave, Madhapur Road, HiTec City, Hyderabad, Telangana - 500081; other listed office: Plot No 292, Diamond Hills, Lumbini Avenue, Gachibowli, Telangana - 500032. Note: registered-address vs corporate/operational addresses differ across sources. |
| Authorized capital | ₹5.0 Lakhs |
| Paid-up capital | ₹5.0 Lakhs |
Business Overview
Confirmed- ElectriQ (Only Electriq Solutions Pvt Ltd) is a vertically integrated EV OEM headquartered in Hyderabad, founded 2021, manufacturing 2-wheeler, 3-wheeler and Small Commercial Vehicle EVs
- It offers vehicle leasing/sales, battery swapping and leasing, fast-charging infrastructure, fleet management via a digital/IoT platform, roadside assistance, and financial-inclusion/skilling programs for last-mile and mid-mile delivery riders
- Claims 25M+ km driven, 11.2M+ trips, 2.1M+ kg carbon reduced (company website, self-reported — not independently verified)
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Anand Singh Thakur | 08407107 | - | - |
GST Registrations
Partial / conflicting3 GSTINs identified via Falconebiz GST listing (numbers partially masked on free page): Karnataka (29AADCO...), registered 8 Nov 2023, active; Tamil Nadu (33AADCO...), registered 1 Nov 2023, active; Telangana/home state (36AADCO...), registered 22 Nov 2021, active. Full GSTIN digits not obtained (masked behind paywall) — partial. PAN prefix AADCO matches company PAN AADCO6307Q, consistent across sources.
Financials
Partial / conflicting- FY2023: Operating revenue in range ₹1–100 crore
- Borrowings increased 1725.74% YoY
- total assets increased 408.48% YoY
- debt-to-equity ratio 7.57 — indicates high leverage/rapid scale-up
- Exact Revenue/EBITDA/PAT/Net worth figures and standalone-vs-consolidated basis: not obtained
Funding
Partial / conflicting- Company (as "ElectriQ") announced closing an "Early Seed Funding Round" per a PTI press release to accelerate EV ecosystem expansion in India — described as "a Profitable leading Electric Vehicle (EV) Mobility OEM." Exact amount, investor names and round structure could not be retrieved (article full text not accessible via fetch) — partial/not obtained
- Tracxn also references "has raised an undisclosed amount in funding."
Charges / Loans
Partial / conflicting- One open charge per Tofler: Charge holder Aristo Securities Private Limited, amount ₹0.3 crore, created/modified 29 November 2023
- No other charges identified — partial
Competitors
Partial / conflicting- Named as operating in India's EV last-mile/B2B mobility-as-a-service and light-EV OEM space alongside players such as Euler Motors (SCV/3W EV OEM), Altigreen (3W/SCV EV), Kinetic Green (3W/2W EV), Yulu (shared/rental EV mobility), Zypp Electric (last-mile EV delivery/battery-swap fleet), and EVage (SCV EV OEM)
- Rough scale tag: Electriq appears to be a smaller/early-stage seed-funded player (single seed round, ₹5L paid-up capital on record) relative to more heavily funded peers like Euler Motors and Yulu, which have raised significant Series funding
- These competitor names are based on general market knowledge of the Indian EV last-mile segment, not sourced from a single fetched competitor-comparison page — treat as indicative, not confirmed
Frequently Asked Questions
What does Only Electriq Solutions Private Limited do?
Hyderabad-based EV mobility OEM (brand "ElectriQ") manufacturing 2W/3W/SCV electric vehicles and offering leasing, battery-swapping and fleet-management services for last-mile delivery.
What is the CIN of Only Electriq Solutions Private Limited?
The Corporate Identification Number (CIN) of Only Electriq Solutions Private Limited is U34100TG2021PTC157007.
Where is Only Electriq Solutions Private Limited registered?
Only Electriq Solutions Private Limited is registered with RoC Hyderabad (Telangana) — inferred from CIN "TG" code and registered address; not independently confirmed on a fetched page — partial. Registered address: H no. 17-1-382/V/II/20 Vyshali Nagar, Vaishalinagar, Saroornagar, K.V.
When was Only Electriq Solutions Private Limited incorporated?
Only Electriq Solutions Private Limited was incorporated on 16 November 2021 (Tofler, Falconebiz, ZaubaCorp search snippet — confirmed, 3 sources agree).
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