M2Go Electric Vehicle Private Limited

Manufacturer of electric scooters, including M2GO X-1 and M2GO Civitas, established in 2019.

2019 | Delhi (India) | Active
Last Updated: December 13, 2024

M2Go Electric Vehicle Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 209.95%
  • Profit Growth 23.20%
  • Ebitda 13.17%
  • Net Worth -45.50%
  • Total Assets 1.92%

About M2Go Electric Vehicle

M2go Electric Vehicle Private Limited (MEVPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 27 March 2019 (Five years and ten months 29 days old ). Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Deepak Gupta and Akshay Kumar serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    m2go.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34100DL2019PTC347785

  • Company No.

    347785

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at M2Go Electric Vehicle?

Board Members (2)

NameDesignationAppointment DateStatus
Deepak Gupta Country flag representing In Director 27-Mar-2019Current
Akshay Kumar Country flag representing In Director 27-Mar-2019Current

Financial Performance of M2Go Electric Vehicle.

M2Go Electric Vehicle Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 209.95% increase. The company also saw a substantial improvement in profitability, with a 23.2% increase in profit. The company's net worth observed a substantial decline by a decrease of 45.5%.

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
209.95%
Revenue from Operations
205.09%
Total Assets
1.92%
Profit or Loss
23.20%
Net Worth
-45.50%
EBITDA
13.17%

What is the Ownership and Shareholding Structure of M2Go Electric Vehicle?

In 2020, M2Go Electric Vehicle had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at M2Go Electric Vehicle?

Unlock and access historical data on people associated with M2Go Electric Vehicle, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M2Go Electric Vehicle, 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 M2Go Electric Vehicle'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 M2Go Electric Vehicle

Recent activity within the organization

  • Annual General Meeting

    M2Go Electric Vehicle Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    M2Go Electric Vehicle Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Deepak Gupta was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 5 years 10 months .

    27 Mar 2019

  • Director Appointment

    Akshay Kumar was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 5 years 10 months .

    27 Mar 2019

  • Company Incorporation

    M2Go Electric Vehicle Private Limited was registered on 27 Mar 2019 with Roc Delhi & aged 5 years 10 months as per MCA records.

    27 Mar 2019

Frequently asked questions

  • M2Go Electric Vehicle Private Limited was incorporated on 27 Mar 2019.

  • The authorized share capital of M2Go Electric Vehicle Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with M2Go Electric Vehicle Private Limited.

    • Deepak Gupta
    • Akshay Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of M2Go Electric Vehicle Private Limited is Shop No -2 Commercial Center Ess Plaza, Sector-3 Rohini India, North West Delhi, 110085.

  • The corporate identification number (CIN) of M2Go Electric Vehicle Private Limited is U34100DL2019PTC347785 and the company number is 347785 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M2Go Electric Vehicle Private Limited is https://www.m2go.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for M2Go Electric Vehicle Private Limited has risen by 209.95%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of M2Go Electric Vehicle Private Limited has experienced an downturn of -45.50%.

  • The most recent Balance Sheet for M2Go Electric Vehicle Private Limited was filed with the ROC on 31 Mar 2024.