About Anevolve Mando Emobility Private Limited
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Anevolve Mando Emobility Private Limited is a private limited company based in Delhi, India, a subsidiary of Asia Investments Private Limited. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 18 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U35999DL2021PTC377194. Its GSTIN is 07AAUCA8024H1ZE (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹115 Cr and a paid-up capital of ₹58.89 Cr. It is led by directors including Rajeev Gera Kumar and Sunil Kaul.
Its last annual general meeting (AGM) was held on 14 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Aurbindo Marg Hauz Khas, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹305.01 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net loss of ₹19.33 Lakh (net margin -0.1%) and EBITDA of ₹18.03 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 341% over three years.
The company has about 114 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹77 Cr and satisfied charges of ₹55 Cr on record. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in February 2024. The company has 10 MSME Form 1 returns on record between 2021 and 2024, listing 726 overdue payments to 87 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 anandmandoemobility.com.
Company details
Contact details
Anevolve Mando Emobility Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address1 Aurbindo Marg Hauz Khas, Delhi, India – 110016
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Anevolve Mando Emobility Private Limited, buy the company report.
- 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
Business activity
The main business activity of Anevolve Mando Emobility is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Anevolve Mando Emobility Private Limited, buy the company report.
Financials of Anevolve Mando Emobility Private Limited
FY 2025 filings availableAnevolve Mando Emobility Private Limited reported revenue of ₹305.01 Cr (up 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 341% over three years, including 64% growth in the latest year. EBITDA rose 353% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹18.03 Cr | ||||
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| Net Profit (PAT) | -₹19.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Anevolve Mando Emobility Private Limited, buy the company report.
Board of directors of Anevolve Mando Emobility Private Limited
Anevolve Mando Emobility has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Gera Kumar Also directs: Henkel Anand India Private Limited, Cy Myutec Anand Private Limited, Faurecia Anand Seating India Private Limited and 2 more | Director | 18 Feb 2021 | 5 Years 8 Months | Current |
| Sunil Kaul Also directs: Anevolve Technologies Private Limited, Anevolve Private Limited, Chakratec International Private Limited and 1 more | Nominee Director | 13 Sep 2021 | 5 Years 2 Months | Current |
| Jae Jun Choi Also directs: HL Mando Anand India Private Limited | Nominee Director | 24 Nov 2022 | 3 Years 11 Months | Current |
| Sarabjit Singh Kondal Also directs: Anevolve Technologies Private Limited, Anevolve Private Limited, Anand Automotive Private Limited and 4 more | Nominee Director | 07 Nov 2025 | 1 Years 0 Months | Current |
| Kyushik Park | Nominee Director | 13 Aug 2024 | 2 Years 3 Months | Current |
Auditor
Anevolve Mando Emobility Private Limited is audited by BSR & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Anevolve Mando Emobility Private 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 category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Anevolve Mando Emobility Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101159158 | Others | ₹30 Cr | Open | |
| 20 Jan 2023 | 100686974 | Axis Bank Limited | ₹15 Cr | Open | |
| 25 Mar 2022 | 100561692 | Axis Bank Limited | ₹32 Cr | Open | |
| 30 Apr 2024 | 100925078 | Others | ₹5 Cr | Satisfied | |
| 30 Apr 2024 | 100925161 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Anevolve Mando Emobility Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Anevolve Mando Emobility Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in February 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Anevolve Private Limited Seller: Asia Investments Private Limited |
| Dec 2022 | Rights issue | ₹23.26 Cr | Investors: Asia Investments Private Limited , Hl Mando Corporation, Anevolve Private Limited |
| Apr 2021 | Rights issue | ₹28.53 Cr | Investors: Asia Investments Private Limited , Hl Mando Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Anevolve Mando Emobility Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Anevolve Mando Emobility Private Limited has 10 MSME Form 1 returns on record between 2021 and 2024, listing 726 overdue payments to 87 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 87)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| The Wipe Hotwire India Thermal Equipments Private Limited | |||
| Cmthydro Research and Development Private Limited | |||
| Mars Associates Private Limited | |||
| Techno Plas Engineering | |||
| Sowparnika Thermistors and Hybrids Limited |
To see the full MSME payment records of Anevolve Mando Emobility Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Anevolve Mando Emobility has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAUCA8024H1ZE | Delhi | Active | 20 Mar 2021 |
| 08AAUCA8024H1ZC | Rajasthan | Active | 07 May 2021 |
| 082100000307AR3 | Rajasthan | Active | 17 Jul 2021 |
| 33AAUCA8024H1ZJ | Tamil Nadu | Active | 06 Jan 2024 |
To see the full GST registrations and return filing status of Anevolve Mando Emobility Private Limited, buy the company report.
Recent activity
Anevolve Mando Emobility Private Limited has 15 board changes on record since 2021: 10 appointments and 5 cessations. The latest: Sarabjit Singh Kondal was appointed as Nominee Director on 07 Nov 2025.
18 earlier events are in the company report.
Frequently asked questions
Anevolve Mando Emobility is an active private limited company based in Delhi, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 18 February 2021 (5+ years old) and is registered under CIN U35999DL2021PTC377194.
Anevolve Mando Emobility has 5 current directors:
- Rajeev Gera Kumar - Director
- Sunil Kaul - Nominee Director
- Jae Jun Choi - Nominee Director
- Sarabjit Singh Kondal - Nominee Director
- Kyushik Park - Nominee Director
The latest financial statements of Anevolve Mando Emobility on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 July 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Anevolve Mando Emobility is 07AAUCA8024H1ZE, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 08AAUCA8024H1ZC (Rajasthan), 082100000307AR3 (Rajasthan), 33AAUCA8024H1ZJ (Tamil Nadu).
The CIN (Corporate Identification Number) of Anevolve Mando Emobility is U35999DL2021PTC377194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Anevolve Mando Emobility was incorporated on 18 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Anevolve Mando Emobility has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in February 2024.
Sarabjit Singh Kondal was appointed as Nominee Director on 07 Nov 2025. Sumit Bhatnagar ceased to be Nominee Director on 18 Aug 2025. Hyung Tae Moon ceased to be Nominee Director on 13 Aug 2024. Anevolve Mando Emobility has 15 board changes on record in total.
Anevolve Mando Emobility has 10 MSME Form 1 returns on record between 2021 and 2024, listing 726 overdue payments to 87 micro and small suppliers. The latest return was filed on 01 May 2024.
Anevolve Mando Emobility can be reached through the website anandmandoemobility.com. Its registered office is in Delhi, India.
The registered office of Anevolve Mando Emobility is at 1 Aurbindo Marg Hauz Khas, Delhi, India – 110016.
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