Greaves Electric Mobility Profile
Key Indicators
- Authorised Capital ₹ 31.77 Cr
- Paid Up Capital ₹ 18.76 Cr
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 100.00 Cr
- Satisfied Charges ₹ 39.56 Cr
- Revenue Growth 157.05%
- Profit Growth 120.95%
- Ebitda 16.81%
- Net Worth 4337.62%
- Total Assets 250.85%
About Greaves Electric Mobility
Greaves Electric Mobility Private Limited (GEMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 2008 and has a history of 16 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Ampere Vehicles Private Limited. 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 31.77 Cr and a paid-up capital of Rs 18.76 Cr.
The company currently has active open charges totaling ₹100.00 Cr. The company has closed loans amounting to ₹39.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Greaves Electric Mobility Private Limited India are Chandrasekar Thyagarajan as Cfo, Vijayamahantesh Khannur as Company Secretary, and Kunnakavil Kumar as Ceo. Karan Thapar, Raja Venkataraman, Nagesh Basavanhalli, and Five other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51900TN2008PTC151470
- Company No.
017628
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jun 2008
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
What products or services does Greaves Electric Mobility Private Limited offer?
Greaves Electric Mobility Private Limited offers a wide range of products and services, including E Vehicles, Electric Two Wheelers, Parts And Kits, Electric Scooter, Battery Operated Scooter, Ampere Electric Scooter, Special Purpose Vehicle, Golf Carts.
Who are the key members and board of directors at Greaves Electric Mobility?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chandrasekar Thyagarajan | CFO | 07-Feb-2023 | Current |
Vijayamahantesh Khannur  | Company Secretary | 07-Aug-2023 | Current |
| Kunnakavil Kumar | CEO | 02-May-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkataramani Sumantran | Director | 23-Jun-2022 | Current |
| Raja Venkataraman | Director | 20-Apr-2023 | Current |
| Jayanthi Kumar | Director | 27-Sep-2023 | Current |
| Karan Thapar | Director | 22-Sep-2021 | Current |
Nagesh Basavanhalli  | Nominee Director | 09-Oct-2018 | Current |
| Kunnakavil Kesavannair | Whole-Time Director | 02-May-2024 | Current |
Financial Performance of Greaves Electric Mobility.
Greaves Electric Mobility Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 157.05% increase. The company also saw a substantial improvement in profitability, with a 120.95% increase in profit. The company's net worth Soared by an impressive increase of 4337.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Greaves Electric Mobility?
In 2023, Greaves Electric Mobility had a promoter holding of 62.85% and a public holding of 37.15%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Switch Mobility Automotive LimitedVenkataramani Sumantran is a mutual person
Eicl LimitedKaran Thapar is a mutual person
Cde Asia LimitedRaja Venkataraman is a mutual person
Interglobe Aviation LimitedVenkataramani Sumantran is a mutual person
Amrutanjan Health Care LimitedRaja Venkataraman is a mutual person
Bestway Agencies Private LimitedKunnakavil Kesavannair and Mohammad Khan are mutual person
Charges (Loans)
Open Charges
₹100.00 Cr
Satisfied Charges
₹39.56 Cr
Charges Breakdown by Lending Institutions
- Others : 100.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2020 | Others | ₹100.00 Cr | Open |
| 28 Dec 2020 | Others | ₹8.90 M | Satisfied |
| 23 Dec 2019 | Yes Bank Limited | ₹24.00 Cr | Satisfied |
| 21 Jul 2018 | Others | ₹5.00 Cr | Satisfied |
| 26 Mar 2018 | Others | ₹4.00 Cr | Satisfied |
How Many Employees Work at Greaves Electric Mobility?
Greaves Electric Mobility has a workforce of 422 employees as of May 06, 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 Greaves Electric Mobility, 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 Greaves Electric Mobility'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 Greaves Electric Mobility
Recent activity within the organization
- Director Appointment
Kunnakavil Vijayakumar Kesavannair was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 May 2024 & has been associated with this company since 9 months 30 days .
- Director Appointment
Kunnakavil Vijaya Kumar was appointed as a Ceo was appointed as a Ceo on 02 May 2024 & has been associated with this company since 9 months 30 days .
- Annual General Meeting
Greaves Electric Mobility Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Director Appointment
Jayanthi Yeshwant Kumar was appointed as a Director was appointed as a Director on 27 Sep 2023 & has been associated with this company since 1 year 5 months .
- Director Appointment
Raja Venkataraman was appointed as a Director was appointed as a Director on 20 Apr 2023 & has been associated with this company since 1 year 10 months .
- Balance Sheet
Greaves Electric Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Recent News, Updates & Announcement
- Readily Mobility Partners With Ampere To Provide Aftersales Service For 2W Fleet Customers.
Greaves Electric Mobility's electric two-wheeler brand, "Ampere," has teamed up with Readily Mobility to unveil an all-encompassing after-sales and service.
- Greaves Electric Mobility collaborates with Readily Mobility to offer after-sales service | Technology.
Greaves Electric Mobility Pvt Ltd which owns the electric two-wheeler brand Ampere on Wednesday said it has entered into a collaboration with roadside assistance company Readily Mobility to offer comprehensive after-sales support to its fleet customers.
Frequently asked questions
What is the Incorporation or founding date of Greaves Electric Mobility Private Limited?
Greaves Electric Mobility Private Limited was incorporated on 02 Jun 2008.
What is authorized share capital and paid-up capital of Greaves Electric Mobility Private Limited?
The authorized share capital of Greaves Electric Mobility Private Limited is ₹ 31.77 Cr and paid-up capital is ₹ 18.76 Cr.
Who are the current board members & directors of Greaves Electric Mobility Private Limited?
Currently 11 directors are associated with Greaves Electric Mobility Private Limited.
- Karan Thapar
- Raja Venkataraman
- Nagesh Basavanhalli
- Venkataramani Sumantran
- Jayanthi Yeshwant Kumar
- Kunnakavil Vijayakumar Kesavannair
- Mohammad Arshi Abrar Khan
- Tevilyan Yudhistira Rusli
- Chandrasekar Thyagarajan
- Vijayamahantesh Veerappa Khannur
- Kunnakavil Vijaya Kumar
What is the registered address of Greaves Electric Mobility Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Greaves Electric Mobility Private Limited is 150/1B Nanthavana Thottam, Kannampalayam Road Ranganathapuram, Coimbatore, Tamil Nadu, India, 641402.
What is the corporate identification number (CIN) and company number of Greaves Electric Mobility Private Limited?
The corporate identification number (CIN) of Greaves Electric Mobility Private Limited is U51900TN2008PTC151470 and the company number is 017628 as per Ministry of Corporate Affairs (MCA).
What is the official website of Greaves Electric Mobility Private Limited?
The Official website of Greaves Electric Mobility Private Limited is https://www.greaveselectricmobility.com
What has been the recent revenue trend for Greaves Electric Mobility Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Greaves Electric Mobility Private Limited has risen by 157.05%.
How many employees does Greaves Electric Mobility Private Limited currently have?
As Per 2023 financial reports, 422 employees are currently employed by Greaves Electric Mobility Private Limited.
What change has been observed in the net worth of Greaves Electric Mobility Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Greaves Electric Mobility Private Limited has experienced an upsurge of 4337.62%.
What are the total open charges for Greaves Electric Mobility Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Greaves Electric Mobility Private Limited amount to ₹ 100.00 Cr.
When was the last Balance Sheet of Greaves Electric Mobility Private Limited filed with the ROC?
The most recent Balance Sheet for Greaves Electric Mobility Private Limited was filed with the ROC on 31 Mar 2023.
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