Company Intelligence Profile
Savy Greentech Private Limited
Manufacturer of electric and bio-fuel vehicles, principally electric rickshaws/three-wheelers under the brand "Savë".
CIN: U34100GJ2016PTC092500ActiveRoC AhmedabadConfidence: medium
Last updated 17 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Savy Greentech Private Limited |
|---|---|
| CIN | U34100GJ2016PTC092500 |
| PAN | AAXCS2839M |
| Status | Active |
| Listing | Not listed — unlisted private limited company |
| Incorporated | 16 June 2016 |
| ROC | RoC Ahmedabad |
| Sector (NIC) | Manufacture of motor vehicles, trailers and semi-trailers (electric/bio-fuel vehicles); secondary: leasing/rental of land transport equipment, wholesale trading |
| Registered address |
|
| Authorized capital | ₹5.0 crore |
| Paid-up capital | ₹1.27 lakh |
Business Overview
Partial / conflicting- Manufacturer of electric and bio-fuel vehicles, principally electric rickshaws/three-wheelers under the brand "Savë"
- Recognized as a DPIIT-registered startup
- Operates from Ahmedabad, Gujarat; brand website savygreentech.com (formerly savyelectric.in, which now redirects there)
- Detailed product-line and market-share information could not be confirmed beyond the general category — treat as partial
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Chandan Mundhra | 05259142 | - | 16 Jun 2016 |
| Ashish Pravinchandra Soni | 07023131 | - | 1 Jul 2023 |
Financials
Partial / conflicting- Partial / dated
- Tofler shows standalone revenue of ₹15.1 crore for FY ending 31 March 2024 (91% YoY growth), with EBITDA and net profit figures locked behind a paywall
- Both Tofler and TheCompanyCheck separately surface an older FY March 2021 snapshot (percentage changes only, absolute values paywalled): total revenue -8.64% YoY, net profit +66.47% YoY, net worth +26.19% YoY, borrowings +108.47% YoY, assets +10.19% YoY, gross margin 7.28%, operating margin 2.17%, net profit margin 0.16%, ROE 5.03%, ROCE 2.5%, debt-to-equity 50.57
- TheCompanyCheck separately classifies operating revenue as being in the INR 1–100 crore band for FY2021
- No net-worth or borrowings absolute figures, and no consolidated financials, could be confirmed
- Given the FY2021 vs FY2024 inconsistency in reported revenue direction, treat all financial figures as indicative/partial pending a primary MCA filing
Charges / Loans
Confirmed- IDBI Trusteeship Services Limited — ₹6.2–6.22 crore, 29 Aug 2025, Open/Active
- Punjab National Bank — ₹8.8 crore, 10 Sep 2025, Active / shown as an ₹8.75 crore charge dated 15 Jul 2024 on Tofler — lender name not fully matched across sources, flag as a possible discrepancy
- UC Inclusive Credit Private Limited — ₹2.0 crore, 26 Feb 2024
- Ratnaafin Capital Private Limited — ₹0.7 crore, 29 Jun 2024, Active
- HDFC Bank Limited — ₹50 lakh, 6 Apr 2023, Satisfied
- Tofler totals: open charges ≈₹15.69 crore, satisfied charges ≈₹2.5 crore
- Treat exact lender-to-amount mapping as partial given cross-source inconsistency
Competitors
Partial / conflicting- Not company-specific-sourced (general market knowledge of India's electric three-wheeler/e-rickshaw segment, use with caution): 1) Mahindra Last Mile Mobility (Treo range) — large, part of Mahindra Group
- 2) Piaggio Vehicles (Ape E-City) — large, MNC-backed
- 3) Kinetic Green Energy & Power Solutions — mid-size, established player
- 4) Omega Seiki Mobility — mid-size, VC-funded startup
- 5) YC Electric Vehicle — small-to-mid, regional player
- 6) Saera Electric Auto — small-to-mid, regional (Rajasthan-based) player
- Savy Greentech (Savë brand) appears to be a small, early-stage regional (Gujarat) player relative to these peers based on its ₹15.1 crore FY24 revenue
Frequently Asked Questions
What does Savy Greentech Private Limited do?
Manufacturer of electric and bio-fuel vehicles, principally electric rickshaws/three-wheelers under the brand "Savë" (per Tofler).
What is the CIN of Savy Greentech Private Limited?
The Corporate Identification Number (CIN) of Savy Greentech Private Limited is U34100GJ2016PTC092500.
Where is Savy Greentech Private Limited registered?
Savy Greentech Private Limited is registered with RoC Ahmedabad (TheCompanyCheck). Registered address: Off. No. 513, North Plaza, Opp. Palladium, Nr.
When was Savy Greentech Private Limited incorporated?
Savy Greentech Private Limited was incorporated on 16 June 2016 (Tofler, TheCompanyCheck).
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