SBTEK e Moto Pvt Ltd Pune
SBTEK e Moto Pvt Ltd is an electric vehicle (EV) company based in Pune, Maharashtra, specializing in the manufacturing and sale of electric two-wheelers. Founded on October 23, 2018, the company operates under the brand name CiTRON and focuses on promoting clean, efficient, and affordable urban mobility.
The company was established by Shashank Bafna and Priya Shashank Bafna, and is registered under the Corporate Identification Number (CIN) U31100PN2018PTC179760. Their showroom is located at Bafna Arcade, Tilak Road, near Swargate, Pune – 411002, making it easily accessible for local customers.
SBTEK e Moto’s key product is the CiTRON V 1.1, an electric scooter designed for city commuting. The vehicle is aimed at providing a low-maintenance and cost-effective alternative to traditional petrol-powered scooters. SBTEK also offers after-sales service and support, enhancing the overall customer experience.
Despite being a relatively young company, SBTEK maintains a lean financial structure with an authorized and paid-up capital of ₹1 lakh. As of FY 2023–24, their net profit margin stands at -8.37% and return on equity at -8.01%, indicating room for growth. However, with a very low debt-to-equity ratio of 0.01, the company shows financial prudence and low dependency on external borrowing.
SBTEK e Moto maintains a digital presence via Facebook and Instagram (@sbtek_citron), where they engage with customers and share product updates. Support is available through support@citronev.in or +91 70209 06119.
In summary, SBTEK e Moto is a small but emerging EV startup committed to sustainable transportation. With a focus on affordability, reliability, and environmental impact, the company is gradually establishing itself in Pune’s electric scooter market.
Location
Showroom No. 1, Ground Floor, Bafna Arcade, Plot No. 58, CTS No. 994, Tilak Road, Near Swargate, Pune – 411002, Maharashtra, India

Congratulation!