Ola Electric Mobility Profile
Key Indicators
- Authorised Capital ₹ 5,918.50 Cr
as on 15-05-2024
- Paid Up Capital ₹ 4,928.77 Cr
as on 15-05-2024
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,410.00 Cr
as on 15-05-2024
- Revenue 161.83%
(FY 2023)
- Profit 82.75%
(FY 2023)
- Ebitda 47.81%
(FY 2023)
- Net Worth 2.97%
(FY 2023)
- Total Assets 5.34%
(FY 2023)
About Ola Electric Mobility
The Company is engaged in the Automobiles 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 5,918.50 Cr and a paid-up capital of Rs 4,928.77 Cr.
The company currently has active open charges totaling ₹2,410.00 Cr.
The Key Managerial Personnel (KMP) at Ola Electric Mobility Limited India are Harish Abichandani as CFO and Pramendra Tomar as Company Secretary. Manoj Kohli, Krishnamurthy Tenneti, Arun Sarin, and Three other members serve as directors at the Company.
- CIN/LLPIN
U74999KA2017PLC099619
- Company No.
099619
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Feb 2017
- Date of AGM
14 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
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 | Current | |
| Pramendra Tomar | Company Secretary | 29-Jun-2023 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shradha Sharma | Director | Current | |
| Arun Sarin | Director | 26-Feb-2019 | Current |
| Manoj Kohli | Director | Current | |
| Krishnamurthy Tenneti | Director | 30-Sep-2020 | Current |
| Ananth Sankaranarayanan | Director | Current |
Financial Performance and Corporate Structure Insights of Ola Electric Mobility.
Ola Electric Mobility Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 161.83% increase. The company also saw a substantial improvement in profitability, with a 82.75% increase in profit. The company's net worth moved up by a moderate rise of 2.97%.
- 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 2023, 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 LimitedActive 3 years 11 monthsManoj Kohli and Bhavish Aggarwal are mutual person
Mensa Brand Technologies Private LimitedActive 3 years 7 monthsAnanth Sankaranarayanan is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sbicap Trustee Company Limited Creation Date: 27 Nov 2023 | ₹1,910.00 Cr | Open |
Axis Bank Limited Creation Date: 09 Apr 2021 | ₹500.00 Cr | Open |
How Many Employees Work at Ola Electric Mobility?
Ola Electric Mobility has a workforce of 20 employees as of Mar 20, 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.
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.
