Eto Motors Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 27.44 Cr
- Company Age 6 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 122.63 Cr
- Revenue Growth 1469.91%
- Profit Growth -506.97%
- Ebitda -419.34%
- Net Worth 277.00%
- Total Assets 95.02%
About Eto Motors
Eto Motors Private Limited (EMPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 September 2018 (Six years and six months 0 days old ). Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 27.44 Cr.
The company currently has active open charges totaling ₹122.63 Cr.
The Key Managerial Personnel (KMP) at Eto Motors Private Limited India is Munmun Baid as COMPANY SECRETARY. Mandem Surendernath, Ravi Sud, Bhaven Nanavati, and Four other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TG2018PTC126906
- Company No.
126906
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Sep 2018
- Date of AGM
29 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Automotive
Eto Motors Private Limited
Explore comprehensive data for Eto Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Eto Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Munmun Baid | Company Secretary | 28-Jun-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Sud  | Director | 19-Mar-2019 | Current |
| Mandem Surendernath | Director | 01-Sep-2023 | Current |
| Bhaven Nanavati | Director | 20-Sep-2018 | Current |
| Deepankar Tiwari | Director | 14-Feb-2020 | Current |
Chikahide Ito  | Director | 26-Jun-2020 | Current |
Karthik Ponnapula  | Director | 13-Jan-2022 | Current |
Financial Performance of Eto Motors.
Eto Motors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1469.91% increase. The company also saw a substantial fall in profitability, with a 506.97% decrease in profit. The company's net worth Soared by an impressive increase of 277%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Eto Motors?
In 2021, Eto Motors had a promoter holding of 0.17% and a public holding of 99.83%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Trinity Cleantech Private LimitedMandem Surendernath is a mutual person
Aion-Tech Solutions LimitedDeepankar Tiwari is a mutual person
Wowtruck Technologies Private LimitedKarthik Ponnapula is a mutual person
Minda Corporation LimitedRavi Sud is a mutual person
Thunderplus Solutions Private LimitedMandem Surendernath is a mutual person
- Eto Mobility Services Private Limited
Mandem Surendernath and Karthik Ponnapula are mutual person
Charges (Loans)
Open Charges
₹122.63 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 108.18 Cr
- Sidbi : 12.45 Cr
- Tata Capital Financial Services Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2024 | Others | ₹1.59 Cr | Open |
| 25 Apr 2024 | Others | ₹98.19 Cr | Open |
| 19 Dec 2023 | Sidbi | ₹12.45 Cr | Open |
| 19 Apr 2023 | Others | ₹3.40 Cr | Open |
| 29 Dec 2022 | Tata Capital Financial Services Limited | ₹2.00 Cr | Open |
How Many Employees Work at Eto Motors?
Eto Motors has a workforce of 63 employees as of Mar 22, 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 Eto Motors, 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 Eto Motors'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.
Latest Updates, News, and FAQs on Eto Motors
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 1.59 Cr with Charge ID 100924570 was registered on 02 May 2024.
- Charges
A charge with Others amounted to Rs. 98.19 Cr with Charge ID 100920398 was registered on 25 Apr 2024.
- Annual General Meeting
Eto Motors Private Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.
- Charges
A charge with Sidbi amounted to Rs. 12.45 Cr with Charge ID 100832702 was registered on 19 Dec 2023.
- Director Appointment
Mandem Surendernath was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 6 months .
- Charges
A charge with Others amounted to Rs. 3.40 Cr with Charge ID 100716393 was registered on 19 Apr 2023.
Recent News, Updates & Announcement
SIDBI Funds ETO Motors for 300 Electric 3-Wheelers in Hyderabad and Delhi, Enabling Short Distance Travel.SIDBI gives money to ETO Motors for 300 electric 3-wheelers in Hyderabad and Delhi. They will help people go short distances. ETO Motors is happy..
- SIDBI Grants ₹ 12.45 Cr to ETO Motors to Deploy 300 Electric 3-Wheelers in Delhi, Hyderabad and Build EV Charging Infrastructure.
Small Industries Development Bank of India (SIDBI) has granted INR 12.45CR to ETO Motors to deploy 300 Electric 3-wheelers in Delhi and Hyde....
- ETO Motors in collaboration with Delhi Metro deploys 45 Electric 3-Wheelers at Kalkaji Metro Station.
New Delhi : In line with India’s net zero pledge and to enable sustainable growth, ETO Motors, India’s leading EMaaS (Electric Mobility as a Service) Company with its unique 360-degree Electric Mobility business model, has launched 45 electric L5 thr.
Frequently asked questions
What is the Incorporation or founding date of Eto Motors Private Limited?
Eto Motors Private Limited was incorporated on 20 Sep 2018.
What is authorized share capital and paid-up capital of Eto Motors Private Limited?
The authorized share capital of Eto Motors Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 27.44 Cr.
Who are the current board members & directors of Eto Motors Private Limited?
Currently 8 directors are associated with Eto Motors Private Limited.
- Mandem Surendernath
- Ravi Sud
- Bhaven Vipul Nanavati
- Deepankar Tiwari
- Chikahide Ito
- Karthik Sanjay Ponnapula
- Johann Young
- Munmun Baid
What is the registered address of Eto Motors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Eto Motors Private Limited is 9-1-83 84 Amarchand Sharma Complex Sarojini Devi Road, India, Secunderabad, Telangana, 500003.
What is the corporate identification number (CIN) and company number of Eto Motors Private Limited?
The corporate identification number (CIN) of Eto Motors Private Limited is U74999TG2018PTC126906 and the company number is 126906 as per Ministry of Corporate Affairs (MCA).
What is the official website of Eto Motors Private Limited?
The Official website of Eto Motors Private Limited is https://www.etomotors.com
What has been the recent revenue trend for Eto Motors Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Eto Motors Private Limited has risen by 1469.91%.
How many employees does Eto Motors Private Limited currently have?
As Per 2022 financial reports, 63 employees are currently employed by Eto Motors Private Limited.
What change has been observed in the net worth of Eto Motors Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Eto Motors Private Limited has experienced an upsurge of 277.00%.
What are the total open charges for Eto Motors Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Eto Motors Private Limited amount to ₹ 122.63 Cr.
When was the last Balance Sheet of Eto Motors Private Limited filed with the ROC?
The most recent Balance Sheet for Eto Motors Private Limited was filed with the ROC on 31 Mar 2023.
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