Mahindra Electric Automobile Limited

Designing, manufacturing, and selling 4-wheel electric vehicles for passenger transportation.

2022 | Mumbai, Maharashtra (India) | Active
Last Updated: January 08, 2025

Mahindra Electric Automobile Profile

Key Indicators

  • Authorised Capital ₹ 8,175.00 Cr
  • Paid Up Capital ₹ 5,975.87 Cr
  • Company Age 2 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024

About Mahindra Electric Automobile

Mahindra Electric Automobile Limited (MEAL) is a Public Limited Indian Non-Government Company incorporated in India on 25 October 2022 (Two years and four months 0 days old ). Its registered office is in Mumbai, Maharashtra, 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 8,175.00 Cr and a paid-up capital of Rs 5,975.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahindra Electric Automobile Limited India are Bhavesh Shah as CFO and Divya Mascarenhas as Company Secretary. Vikram Mehta, Shikha Sharma, Rajesh Jejurikar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahindra.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34103MH2022PLC392623

  • Company No.

    392623

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 2022

  • Date of AGM

    23 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Mahindra Electric Automobile?

Executive Team (4)

NameDesignationAppointment DateStatus
Vijay Nakra Country flag representing In Managing Director25-Oct-2022Current
Velusamy Ramasamy Country flag representing In Managing Director25-Oct-2022Current
Bhavesh Shah CFO15-Mar-2023Current
Divya Mascarenhas Country flag representing In Company Secretary15-Mar-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Vikram Mehta Country flag representing In Director 02-Aug-2023Current
Shikha Sharma Country flag representing In Director 02-Aug-2023Current
Rajesh Jejurikar Country flag representing In Director 23-Mar-2023Current
Anish Shah Country flag representing Us Director 02-Aug-2023Current
Abanti Sankaranarayanan Country flag representing In Director 23-Mar-2023Current
Samir Abhyankar Country flag representing Gb Director 23-Mar-2023Current

Financial Performance of Mahindra Electric Automobile.

Enhance accessibility to Mahindra Electric Automobile's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

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  • 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Mahindra Electric Automobile?

Unlock access to Mahindra Electric Automobile's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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Charges (Loans)

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

How Many Employees Work at Mahindra Electric Automobile?

Mahindra Electric Automobile has a workforce of 0 employees as of Mar 29, 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.

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Deals i

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Gain comprehensive insights into the Deals and Valuation data of Mahindra Electric Automobile, 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 Mahindra Electric Automobile's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Mahindra Electric Automobile

Recent activity within the organization

  • Annual General Meeting

    Mahindra Electric Automobile Limited last Annual general meeting of members was held on 23 Jul 2024 as per latest MCA records.

    23 Jul 2024

  • Balance Sheet

    Mahindra Electric Automobile Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vikram Singh Mehta was appointed as a Director was appointed as a Director on 02 Aug 2023 & has been associated with this company since 1 year 6 months .

    02 Aug 2023

  • Director Appointment

    Shikha Sanjaya Sharma was appointed as a Director was appointed as a Director on 02 Aug 2023 & has been associated with this company since 1 year 6 months .

    02 Aug 2023

  • Director Appointment

    Anish Dilip Shah was appointed as a Director was appointed as a Director on 02 Aug 2023 & has been associated with this company since 1 year 6 months .

    02 Aug 2023

  • Director Appointment

    Rajesh Ganesh Jejurikar was appointed as a Director was appointed as a Director on 23 Mar 2023 & has been associated with this company since 1 year 11 months .

    23 Mar 2023

Recent News, Updates & Announcement

  • News icon
    Mahindra & Adani Partner to Expand EV Charging Network Across India, Tata Power and Oil Companies Join In.

    Mahindra & Mahindra, a car company, teamed up with Adani Total Energies E-Mobility to build electric vehicle charging stations all over India. This will make it easier for people to charge their electric cars and help India reach its climate goals. Mahindra XUV400 owners can now access over 1,100 chargers through the Bluesense+ app. Tata Power is also installing over 500 charging points across India, with a market share of 60%. Oil companies are also starting to offer EV charging at their petrol pumps..

    21 Mar 2024 Business Today

  • News icon
    Mahindra & Mahindra and Adani Total Energies Team Up to Bring Electric SUVs to India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    Mahindra & Mahindra + Adani Total Energies = SUVs go electric in India! 🚗⚡️ #EcoFriendlyGoals #PartnershipGoals #SustainableRides.

    21 Mar 2024 Blogger

  • News icon
    Bandhan Bank and M&M sign MoU to offer attractive commercial vehicle and equipment financing solutions.

    Mumbai, March 19, 2024:  Bandhan Bank, one of India’s fastest-growing private sector banks has signed a Memorandum of Understanding (MoU) with Mahindra & Mahindra, a leading commercial vehicle manufacturer of the country, to offer convenient fina.

    20 Mar 2024 OdishaDiary

  • News icon
    Thrust Zone.

    Mahindra, which has recently spent a lot of time at the trademark office, has registered other names, which could be used for its upcoming electric cars. XUV 7XO, XUV 1X0, XUV 5XO, XUV 3XO. The XUV 3XO can be used for the Mahindra XUV400 facelift scheduled to launch this year. But since this model is already in the market, Mahindra can launch a sub-4 meter version of the XUV400 and use the new name, which is said to be in the making. The above names refer to electric vehicle models already on the market (XUV400) or introduced by the car manufacturer (XUV e8). But the remaining two names – XUV 5XO and XUV 1XO – could indicate upcoming electric models from Mahindra. The XUV 5XO is expected to be a Creta-sized electric SUV, a rival to the upcoming MG ZS EV and Tata Curvv EV. The only electric SUV in India. With these 4 models, Mahindra will have an electric SUV in all popular SUV segments. XUV 1X0 will be the KUV 100 Electric which almost saw a launch and was forgotten entirely after 2021. Also announced and launched in 2022, Mahindra has announced a new line of all-electric SUVs – the BE series. They must have the same name assigned to them at presentation time. The BE 05, BE 07 and BE 09 will be stand-alone models and will be different from other Mahindra electric vehicles as they will be built on a new dedicated platform as part of the Born Electric range. The electric version of the Mahindra XUV700 is expected to launch later this year. As for the BE series, BE 05, scheduled to launch at the end of 2025, will be the first product in this product line to enter the market..

    14 Mar 2024 Thrust Zone

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Frequently asked questions

  • Mahindra Electric Automobile Limited was incorporated on 25 Oct 2022.

  • The authorized share capital of Mahindra Electric Automobile Limited is ₹ 8,175.00 Cr and paid-up capital is ₹ 5,975.87 Cr.

  • Currently 10 directors are associated with Mahindra Electric Automobile Limited.

    • Vikram Singh Mehta
    • Shikha Sanjaya Sharma
    • Rajesh Ganesh Jejurikar
    • Abanti Sankaranarayanan
    • Vijay Ramswaroop Nakra
    • Anish Dilip Shah
    • Velusamy Ramasamy
    • Samir Rajendra Abhyankar
    • Bhavesh Kishor Shah
    • Divya Ligory Mascarenhas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Electric Automobile Limited is Mahindra Tower Pandurang Budhkar Marg Nr. Doordarshan Kendra, Worli India, Mumbai, Maharashtra, 400018.

  • The corporate identification number (CIN) of Mahindra Electric Automobile Limited is U34103MH2022PLC392623 and the company number is 392623 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahindra Electric Automobile Limited is https://www.mahindra.com

  • The most recent Balance Sheet for Mahindra Electric Automobile Limited was filed with the ROC on 31 Mar 2024.

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