42Gears Mobility Systems Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2010.

2010 Bangalore, Karnataka, India Active

Last Updated: January 09, 2026

About 42Gears Mobility Systems Private Limited

42Gears Mobility Systems Private Limited, a active private limited company, was established on 22 September 2010 in Bangalore, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200KA2010PTC055249. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.13 M.

It upholds a compliant status. Employing 353 professional, Its leadership includes Ashok Poojari (Cfo), Onkar Singh Parhar (Director), Prakash Gupta (Director). Past directors included Onkar Singh Parhar. It holds ₹19.40 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1St Floor, 2B, Amr Tech Park Hosur Main Road, Bommanahalli, Bangalore, Karnataka, 560068.

Company Details

CIN/LLPIN
U72200KA2010PTC055249
Registration Number
055249
Incorporation Date
22 September 2010
Authorized Capital
₹1.00 M
Paid-Up Capital
₹0.13 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 09-01-2026
Paid Up Capital ₹ 0.13 M as on 09-01-2026
Company Age 15 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 19.40 Cr as on 09-01-2026
Revenue Growth **** 4.20% (FY 2023)
Profit Growth **** -31.05% (FY 2023)
Ebitda **** -36.86% (FY 2023)
Net Worth 21.59% (FY 2023)
Total Assets **** 17.67% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into 42Gears Mobility Systems Private 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

Who are the key members and board of directors at 42Gears Mobility Systems Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ashok Poojari	Cfo	01 Dec 2013	Current
Onkar Singh Parhar	Director	22 Sep 2010	Current
Prakash Gupta	Director	22 Sep 2010	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	27 Feb 2012	Past

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Financial Performance of 42Gears Mobility Systems.

42Gears Mobility Systems Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.2% increase. The company also saw a substantial fall in profitability, with a 31.05% decrease in profit. The company's net worth Soared by an impressive increase of 21.59%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

4.20%

*******

Revenue from Operations

*******

2.12%

*******

Total Assets

*******

17.67%

*******

Profit or Loss

*******

-31.05%

*******

Net Worth

*******

21.59%

*******

EBITDA

*******

-36.86%

*******

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What is the Ownership and Shareholding Structure of 42Gears Mobility Systems?

In 2023, 42Gears Mobility Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹194,049,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Citi Bank N.A. : 18.00 Cr
Hdfc Bank Limited : 1.40 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Mar 2023	Hdfc Bank Limited	₹1.22 Cr	Open
24 Mar 2023	Hdfc Bank Limited	₹1.85 M	Open
26 Oct 2019	Citi Bank N.A.	₹18.00 Cr	Open

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How Many Employees Work at 42Gears Mobility Systems?

42Gears Mobility Systems has a workforce of 353 employees as of Apr 03, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of 42Gears Mobility Systems, 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 42Gears Mobility Systems'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.

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Latest Updates, News, and FAQs on 42Gears Mobility Systems

Recent Activity within the Organization

Annual General Meeting

The activity 42Gears Mobility Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Balance Sheet

42Gears Mobility Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge with Citi Bank N.A. of Rs. 180.00 M registered on 26 Oct 2019 with Charge ID 100308038 was modified on 01 Jun 2023. was documented.
01 Jun 2023
Charges

A charge with Hdfc Bank Limited amounted to Rs. 12.20 M with Charge ID 100713163 was registered on 29 Mar 2023. was recorded as a recent event.
29 Mar 2023
Charges

A charge with Hdfc Bank Limited amounted to Rs. 1.85 M with Charge ID 100713721 was registered on 24 Mar 2023. was recorded as a recent event.
24 Mar 2023
Charges

A charge with Citi Bank N.A. amounted to Rs. 180.00 M with Charge ID 100308038 was registered on 26 Oct 2019. was recorded as a recent event.
26 Oct 2019

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