Mahindra Electric Mobility Limited Company Logo

Mahindra Electric Mobility Limited - Company Profile

It is a automotive public limited company based in Mumbai, Maharashtra, India, established in 1996.

1996 | Mumbai, Maharashtra, India | Amalgamated
Last Updated:

About Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited, a amalgamated public limited company, was established on 02 April 1996 in Mumbai, Maharashtra, India. Engaging in electrical and bio fuel vehicles within the manufacturing sector, it holds CIN: U34101MH1996PLC325507. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹726.17 Cr.

Formerly known as Mahindra Reva Electric Vehicles Private Limited, Mahindra Electric Vehicles Limited. It upholds a compliant status. Employing 420 professional, Its leadership includes Rajesh Ganesh Jejurikar (Director), Amit Kumar Sinha (Director), Ravindra Dhariwal (Director). Past directors included Maini Sudarshan Kumar, Rajesh Ganesh Jejurikar, Rajagopal Sethuraman. It holds no open charges and ₹64.85 Cr settled loans. Its latest AGM occurred on 22 July 2022, with the balance sheet filed on 31 March 2022. It is based at Mahindra Towers, Dr G.M.Bhosale Marg P.K. Kurne Chowk, Worli,, Mumbai, Maharashtra, 400018.

Company Details

  • CIN/LLPIN

    U34101MH1996PLC325507

  • Registration Number

    325507

  • Incorporation Date

    02 April 1996

  • Authorized Capital

    ₹1,000.00 Cr

  • Paid-Up Capital

    ₹726.17 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 726.17 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 64.85 Cr
  • Revenue Growth 110.28%
  • Profit Growth 34.17%
  • Ebitda 85.74%
  • Net Worth -26.33%
  • Total Assets 25.56%
Company report

Mahindra Electric Mobility Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mahindra Electric Mobility Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

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

Current Directors

NameDesignationAppointment DateStatus
Rajesh Ganesh JejurikarDirector21 Jan 2021Current
Amit Kumar SinhaDirector23 Aug 2021Current
Ravindra DhariwalDirector19 Apr 2017Current
Suman Laxmidhar MishraWhole-Time Director13 Jul 2021Current
Nikhilesh Natwarlal PanchalDirector26 Apr 2022Current
Ruzbeh Baman IraniDirector22 Jan 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector07 Jun 2008Past
Pramod AbcsddAdditional Director17 Sep 2010Past
Pramod AbcsddDirector-Past
Pramod AbcsddDirector01 Apr 2021Past
Pramod AbcsddAdditional Director17 Sep 2010Past
Pramod AbcsddAdditional Director29 Sep 2008Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Mahindra Electric Mobility.

Mahindra Electric Mobility Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 110.28% increase. The company also saw a substantial improvement in profitability, with a 34.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 26.33%.

Mahindra Electric Mobility revenue growth over time
Mahindra Electric Mobility 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
110.28%
Revenue from Operations
117.15%
Total Assets
25.56%
Profit or Loss
34.17%
Net Worth
-26.33%
EBITDA
85.74%

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

In 2022, Mahindra Electric Mobility had a promoter holding of 98.98% and a public holding of 1.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹648,500,000.00

Charges Breakdown by Lending Institutions

  • Export-Import Bank Of India : 50.00 Cr
  • Icici Limited : 7.50 Cr
  • Technology Development Board : 4.65 Cr
  • Icici Bank Limited : 1.50 Cr
  • Karnataka State Financial Coporation : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2010Export-Import Bank Of India₹50.00 CrSatisfied
03 Aug 2004Icici Bank Limited₹1.50 CrSatisfied
05 Aug 2002Karnataka State Financial Coporation₹1.20 CrSatisfied
30 Dec 2000Technology Development Board₹4.65 CrSatisfied
13 Mar 2000Icici Limited₹7.50 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Mahindra Electric Mobility?

Mahindra Electric Mobility has a workforce of 420 employees as of Apr 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.

Employee growth trends for Mahindra Electric Mobility Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahindra 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 Mahindra 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 Mahindra Electric Mobility

Recent Activity within the Organization

  • Annual General Meeting

    Mahindra Electric Mobility Limited last Annual general meeting of members was held on 22 Jul 2022 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Nikhilesh Natwarlal Panchal was appointed as a Director was appointed as a Director on 26 Apr 2022 & has been associated with this company since 3 years 8 months . was documented.

  • Balance Sheet

    The activity Mahindra Electric Mobility Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was completed.

  • Director Appointment

    Amit Kumar Sinha was appointed as a Director was appointed as a Director on 23 Aug 2021 & has been associated with this company since 4 years 4 months . was recorded as a recent event.

  • Director Appointment

    The activity Suman Laxmidhar Mishra was appointed as a CEO was appointed as a CEO on 23 Aug 2021 & has been associated with this company since 4 years 4 months . was completed.

  • Director Appointment

    Suman Laxmidhar Mishra was appointed as a Whole-time director was appointed as a Whole-time director on 13 Jul 2021 & has been associated with this company since 4 years 5 months . was recorded as a recent event.

Recent News, Updates & Announcement

  • Mahindra Electric Mobility news update on market trends
  • Mahindra Electric Mobility news update on market trends
    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..

    Business Today

  • Mahindra Electric Mobility news update on market trends
    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.

    Blogger

  • Mahindra Electric Mobility news update on market trends
    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.

    OdishaDiary

  • Mahindra Electric Mobility news update on market trends
    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..

    Thrust Zone

  • Mahindra Electric Mobility news update on market trends

Frequently Asked Questions

  • What is the CIN of Mahindra Electric Mobility Limited?

    The CIN of Mahindra Electric Mobility Limited is U34101MH1996PLC325507.

  • Where is Mahindra Electric Mobility Limited headquartered?

    Mahindra Electric Mobility Limited is headquartered at Mahindra Towers, Dr G.M.Bhosale Marg P.K. Kurne Chowk, Worli,, Mumbai, Maharashtra, 400018.

  • When was Mahindra Electric Mobility Limited incorporated?

    Mahindra Electric Mobility Limited was incorporated on 02 April 1996.

  • Who are the current directors of Mahindra Electric Mobility Limited?

    The current directors of Mahindra Electric Mobility Limited are

  • What is the primary industry of Mahindra Electric Mobility Limited?

    The primary industry of Mahindra Electric Mobility Limited is Manufacturing.

  • Is Mahindra Electric Mobility Limited a listed company?

    Mahindra Electric Mobility Limited is unlisted.

  • What is the capital structure of Mahindra Electric Mobility Limited?

    The authorized capital of Mahindra Electric Mobility Limited is ₹1,000.00 Cr, and the paid-up capital is ₹726.17 Cr.

  • What is the compliance status of Mahindra Electric Mobility Limited?

    The compliance status of Mahindra Electric Mobility Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial