Greaves Electric Mobility Private Limited

Designs and manufactures battery-operated electric vehicles, including cycles, 2-wheelers, 3-wheelers, and custom-built options.

2008 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 05, 2024

Greaves Electric Mobility Profile

Key Indicators

  • Authorised Capital ₹ 31.77 Cr
  • Paid Up Capital ₹ 18.76 Cr
  • Company Age 16 Year, 7 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 seven 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

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)

NameDesignationAppointment DateStatus
Chandrasekar Thyagarajan CFO07-Feb-2023Current
Vijayamahantesh Khannur Country flag representing In Company Secretary07-Aug-2023Current
Kunnakavil Kumar CEO02-May-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Venkataramani Sumantran Country flag representing In Director 23-Jun-2022Current
Raja Venkataraman Country flag representing In Director 20-Apr-2023Current
Jayanthi Kumar Country flag representing In Director 27-Sep-2023Current
Karan Thapar Country flag representing In Director 22-Sep-2021Current
Nagesh Basavanhalli Country flag representing Us Nominee Director 09-Oct-2018Current
Kunnakavil Kesavannair Country flag representing In Whole-Time Director 02-May-2024Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
157.05%
Revenue from Operations
148.35%
Total Assets
250.85%
Profit or Loss
120.95%
Net Worth
4337.62%
EBITDA
16.81%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.00 Cr

Satisfied Charges

₹39.56 Cr

Charges Breakdown by Lending Institutions

  • Others : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Nov 2020Others₹100.00 CrOpen
28 Dec 2020Others₹8.90 MSatisfied
23 Dec 2019Yes Bank Limited₹24.00 CrSatisfied
21 Jul 2018Others₹5.00 CrSatisfied
26 Mar 2018Others₹4.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 .

    02 May 2024

  • 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 .

    02 May 2024

  • 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.

    27 Sep 2023

  • 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 4 months .

    27 Sep 2023

  • 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 9 months .

    20 Apr 2023

  • Balance Sheet

    Greaves Electric Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Greaves Electric Mobility Private Limited was incorporated on 02 Jun 2008.

  • The authorized share capital of Greaves Electric Mobility Private Limited is ₹ 31.77 Cr and paid-up capital is ₹ 18.76 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Greaves Electric Mobility Private Limited is https://www.greaveselectricmobility.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Greaves Electric Mobility Private Limited has risen by 157.05%.

  • As Per 2023 financial reports, 422 employees are currently employed by Greaves Electric Mobility Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Greaves Electric Mobility Private Limited amount to ₹ 100.00 Cr.

  • The most recent Balance Sheet for Greaves Electric Mobility Private Limited was filed with the ROC on 31 Mar 2023.

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