Vajram Electric Mobility Limited

Vajram Electric Mobility Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U34100MH2021PLC356081 Incorporated 01 March 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company automotive DPIIT Startup
Data last updated
Revenue · FY 2024
₹13.81 Lakh
▲ 979% YoY
Net loss · FY 2024
₹8.83 Cr
Latest filing
EBITDA · FY 2024
-₹8.53 Cr
Latest filing
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹14.05 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
11
Provident fund records
Directors on board
3
As per MCA filings

About Vajram Electric Mobility Limited

Data last updated:

Vajram Electric Mobility Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Think Ebikego Private Limited and recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 01 March 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34100MH2021PLC356081. Its GSTIN is 27AAHCV9268R1Z3 (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹14.05 Lakh. It is led by directors including Tenali Irfan and Hari Kiran Pentapalli.

Its last annual general meeting (AGM) was held on 20 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.81 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.83 Cr and EBITDA of -₹8.53 Cr.

The company has about 11 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Vajram Electric. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹25.04 Cr; the latest was in June 2023. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 33 overdue payments to 6 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vajramelectric.com.

Company details

CIN U34100MH2021PLC356081
Registration Number 356081
Incorporation Date 01 March 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 December 2024
Date of Balance Sheet 31 March 2024
Parent Company Think Ebikego Private Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

CIN history

Vajram Electric Mobility has one previous CIN (Corporate Identification Number): U34100MH2021PTC356081. The current CIN is U34100MH2021PLC356081, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U34100MH2021PLC356081Current
U34100MH2021PTC356081Previous

Recognitions & Rankings of Vajram Electric Mobility

DPIIT recognised startup Government of India
Startup India

Contact details

Vajram Electric Mobility Limited's registered office is in Mumbai, Maharashtra. Its website is vajramelectric.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A Wing 2nd Floor Pramukh Plaza Cardinal Gracious Road Chakala Andheri, East, Mumbai, Maharashtra, India – 400099
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Vajram Electric Mobility Limited, buy the company report.

Comprehensive company report
Vajram Electric Mobility Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Vajram Electric Mobility operates one associated brand: Vajram Electric. Each brand links to its own profile.

BrandDescriptionWebsite
Multi-category electric vehicles are manufactured and developed.vajramelectric.com

Business activity

The main business activity of Vajram Electric Mobility is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
RArts, entertainment and recreationR1Creative, arts and entertainment activities

To see the full business activity and turnover split of Vajram Electric Mobility Limited, buy the company report.

Financials of Vajram Electric Mobility Limited

FY 2024 filings available

Vajram Electric Mobility Limited reported revenue of ₹13.81 Lakh (up 979% YoY) for FY 2024.

Revenue · FY 2024
₹13.81 Lakh ▲ 979%
Net loss · FY 2024
₹8.83 Cr
EBITDA · FY 2024
-₹8.53 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 979%
EBITDA CAGR growth
1 year
▼ 135%

Revenue rose 979% in the latest year. EBITDA fell 135% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹8.53 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.83 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Vajram Electric Mobility Limited, buy the company report.

Board of directors of Vajram Electric Mobility Limited

Vajram Electric Mobility has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tenali IrfanDirector05 Feb 20224 Years 9 MonthsCurrent
Hari Kiran PentapalliDirector01 Mar 20215 Years 8 MonthsCurrent
Chandra Mouli GoddantiDirector13 Mar 20233 Years 7 MonthsCurrent

Auditor

Vajram Electric Mobility Limited is audited by N. J. SHETTY & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N. J. SHETTY & ASSOCIATESFY 2023164725

Shareholding

The shareholding of Vajram Electric Mobility Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vajram Electric Mobility Limited, buy the company report.

Deals & funding

Vajram Electric Mobility Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹25.04 Cr; the latest was in June 2023.

Total deals
5
Funding rounds
3
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹25.04 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Jun 2023Funding round₹12.26 CrInvestors: 4 individuals
Mar 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Jan 2023Funding round₹3.22 CrInvestors: 4 individuals
Sep 2022Funding round₹9.56 CrInvestors: 4 individuals
Aug 2021Rights issue₹10.1 LakhInvestors: Think Ebikego Private Limited , 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Vajram Electric Mobility Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 33 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
Mestis Energy Private Limited
Mauliraj Industries LLP
Purva Desai LLP
an individual supplier
Indigrid Technology Pvt Ltd

To see the full MSME payment records of Vajram Electric Mobility Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Vajram Electric Mobility Limited has a workforce of 11 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1
Employee growth
10%

GST

Vajram Electric Mobility has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAHCV9268R1Z3MaharashtraActive23 Mar 2022
36AAHCV9268R1Z4TelanganaActive14 Feb 2023
37AAHCV9268R1Z2Andhra PradeshActive21 Aug 2024

To see the full GST registrations and return filing status of Vajram Electric Mobility Limited, buy the company report.

Recent activity

Vajram Electric Mobility Limited has 7 board changes on record since 2021: 5 appointments and 2 cessations. The latest: Chandra Mouli Goddanti was appointed as Director on 13 Mar 2023.

AGM
Vajram Electric Mobility Limited last Annual general meeting of members was held on 20 Dec 2024 as per latest MCA records.
Filing
Vajram Electric Mobility Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Chandra Mouli Goddanti was appointed as Director.
Ceased
Kedar Govind Soman ceased to be Director.
Appointed
Tenali Irfan was appointed as Director.
Ceased
Ujjwal Ganpatrao Sathe ceased to be Additional Director.
Appointed
Ujjwal Ganpatrao Sathe was appointed as Additional Director.
Appointed
Hari Kiran Pentapalli was appointed as Director.
Appointed
Kedar Govind Soman was appointed as Director.
Incorporation
01 Mar 2021
Vajram Electric Mobility Limited was registered on 01 Mar 2021 with Roc Mumbai & aged 5 years 8 months as per MCA records.

Frequently asked questions

Vajram Electric Mobility is an active public limited company based in Mumbai, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 01 March 2021 (5+ years old) and is registered under CIN U34100MH2021PLC356081.

Vajram Electric Mobility has 3 current directors:

The latest financial statements of Vajram Electric Mobility on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 December 2024. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Vajram Electric Mobility is 27AAHCV9268R1Z3, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 36AAHCV9268R1Z4 (Telangana), 37AAHCV9268R1Z2 (Andhra Pradesh).

The CIN (Corporate Identification Number) of Vajram Electric Mobility is U34100MH2021PLC356081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vajram Electric Mobility was incorporated on 01 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

Vajram Electric Mobility has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹25.04 Cr; the latest was in June 2023.

Chandra Mouli Goddanti was appointed as Director on 13 Mar 2023. Kedar Govind Soman ceased to be Director on 13 Mar 2023. Tenali Irfan was appointed as Director on 05 Feb 2022. Vajram Electric Mobility has 7 board changes on record in total.

Yes, Vajram Electric Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Vajram Electric Mobility has 4 MSME Form 1 returns on record between 2022 and 2023, listing 33 overdue payments to 6 micro and small suppliers. The latest return was filed on 05 Nov 2023.

Vajram Electric Mobility can be reached through the website vajramelectric.com. Its registered office is in Mumbai, Maharashtra, India.