Ather Energy Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 20.45 Cr
- Company Age 11 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,035.50 Cr
- Satisfied Charges ₹ 521.00 Cr
- Revenue Growth 336.36%
- Profit Growth -151.24%
- Ebitda -173.48%
- Net Worth 173.26%
- Total Assets 141.49%
About Ather Energy
Ather Energy Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 October 2013 and has a history of 11 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Automobile Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 20.45 Cr.
The company currently has active open charges totaling ₹1,035.50 Cr. The company has closed loans amounting to ₹521.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ather Energy Limited India are Sohil Parekh as Cfo, Puja Aggarwal as Company Secretary, and Tarun Mehta as Ceo. Neelam Dhawan, Sanjay Nayak, Kaushik Dutta, and Six other members serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U40100KA2013PLC093769
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Company No.
093769
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
21 Oct 2013
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Ather Energy Limited offer?
Ather Energy Limited offers a wide range of products and services, including Electric Two Wheelers, Parts And Kits, Battery Operated Scooter.
Who are the key members and board of directors at Ather Energy?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sohil Parekh | CFO | 05-Apr-2024 | Current |
| Puja Aggarwal | Company Secretary | 05-May-2023 | Current |
| Tarun Mehta | CEO | 01-Jul-2024 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tarun Mehta
|
Whole-Time Director | 21-Oct-2013 | Current |
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Swapnil Jain
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Whole-Time Director | 21-Oct-2013 | Current |
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Pankaj Sood
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Nominee Director | 11-Nov-2022 | Current |
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Niranjan Gupta
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Director | 03-Nov-2020 | Current |
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Neelam Dhawan
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Director | 27-Aug-2024 | Current |
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Sanjay Nayak
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Director | 27-Aug-2024 | Current |
Financial Performance of Ather Energy.
Ather Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 336.36% increase. The company also saw a substantial fall in profitability, with a 151.24% decrease in profit. The company's net worth Soared by an impressive increase of 173.26%.
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What is the Ownership and Shareholding Structure of Ather Energy?
In 2022, Ather Energy had a public holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Shiprocket Private LimitedKaushik Dutta is a mutual person
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Mphasis LimitedPankaj Sood is a mutual person
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Niif Infrastructure Finance LimitedNilesh Shrivastava is a mutual person
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Paisabazaar Marketing And Consulting Private LimitedKaushik Dutta is a mutual person
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Fractal Analytics LimitedNeelam Dhawan is a mutual person
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Zomato Hyperpure Private LimitedKaushik Dutta is a mutual person
Charges (Loans)
₹1,035.50 Cr
₹521.00 Cr
Charges Breakdown by Lending Institutions
- Others : 670.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 188.50 Cr
- Axis Bank Limited : 177.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2024 | Others | ₹80.00 Cr | Open |
| 11 Jun 2024 | Others | ₹100.00 Cr | Open |
| 29 May 2024 | Others | ₹100.00 Cr | Open |
| 02 May 2024 | Others | ₹60.00 Cr | Open |
| 25 Apr 2024 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Ather Energy?
Ather Energy has a workforce of 1418 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ather Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ather Energy's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
