Ola Electric Mobility Profile
Key Indicators
- Authorised Capital ₹ 8,318.50 Cr
- Paid Up Capital ₹ 4,410.83 Cr
- Company Age 8 Year, 20 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3,340.00 Cr
- Revenue Growth -31.61%
- Profit Growth 31.03%
- Ebitda 11.13%
- Net Worth 27.53%
- Total Assets 31.56%
About Ola Electric Mobility
Ola Electric Mobility Limited (OEML) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 03 February 2017 (Eight years 20 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Electrical 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 8,318.50 Cr and a paid-up capital of Rs 4,410.83 Cr.
The company currently has active open charges totaling ₹3,340.00 Cr.
The Key Managerial Personnel (KMP) at Ola Electric Mobility Limited India are Harish Abichandani as CFO and Pritam Mohapatra as Company Secretary. Manoj Kohli, Krishnamurthy Tenneti, Arun Sarin, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L74999KA2017PLC099619
- Company No.
099619
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Feb 2017
- Date of AGM
23 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Ola Electric Mobility?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhavish Aggarwal  | Managing Director | 03-Feb-2017 | Current |
| Harish Abichandani | CFO | 07-Dec-2023 | Current |
| Pritam Mohapatra | Company Secretary | 08-Jan-2025 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shradha Sharma | Director | 06-Dec-2023 | Current |
| Arun Sarin | Director | 26-Feb-2019 | Current |
| Manoj Kohli | Director | 06-Dec-2023 | Current |
| Krishnamurthy Tenneti | Director | 30-Sep-2020 | Current |
| Ananth Sankaranarayanan | Director | 06-Dec-2023 | Current |
Financial Performance of Ola Electric Mobility.
Ola Electric Mobility Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 31.61% decrease. The company also saw a substantial improvement in profitability, with a 31.03% increase in profit. The company's net worth Soared by an impressive increase of 27.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ola Electric Mobility?
In 2024, Ola Electric Mobility had a promoter holding of 69.65% and a public holding of 30.36%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ola Electric Technologies Private LimitedManoj Kohli and Bhavish Aggarwal are mutual person
Inbrew Beverages Private LimitedManoj Kohli is a mutual person
Mensa Brand Technologies Private LimitedAnanth Sankaranarayanan is a mutual person
Triveni Engineering And Industries LimitedManoj Kohli is a mutual person
Elara Capital (India) Private LimitedManoj Kohli is a mutual person
Renee Cosmetics Private LimitedAnanth Sankaranarayanan is a mutual person
Charges (Loans)
₹3,340.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 1910.00 Cr
- Others : 1430.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2024 | Others | ₹100.00 Cr | Open |
| 14 May 2024 | Others | ₹100.00 Cr | Open |
| 28 Mar 2024 | Others | ₹410.00 Cr | Open |
| 15 Mar 2024 | Others | ₹410.00 Cr | Open |
| 27 Nov 2023 | Sbicap Trustee Company Limited | ₹1,910.00 Cr | Open |
How Many Employees Work at Ola Electric Mobility?
Ola Electric Mobility has a workforce of 12 employees as of Feb 21, 2025. 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 Ola 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 Ola 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.
