India's Richest People 2026 edition · 1 director · Source: Hurun India
- #465 Vikramjit Singh Oberoi ₹7,500 Cr
Revenue · FY 2025
₹509.5 Cr
▲ 18% YoY
Net profit · FY 2025
₹72.44 Cr
Net margin 14.2%
EBITDA · FY 2025
₹260.62 Cr
EBITDA margin 51.2%
Authorised capital
₹33 Cr
Registered with MCA
Paid-up capital
₹31.76 Cr
Issued & subscribed
Open charges
₹791.68 Cr
Satisfied ₹1,059.87 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
325
Provident fund records
About Avis India Mobility Solutions Private Limited
Data last updated:
Avis India Mobility Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Avis India Investments Private Limited. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 03 February 1995 and has been in existence for over 31 years.
Its director Vikramjit Singh Oberoi is #465 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63011WB1995PTC068029. Its GSTIN is 19AACCM0488P1ZU (West Bengal). The company holds 19 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹31.76 Cr. It was formerly known as Mercury Car Rentals Ltd. It is led by directors including Aman Naagar (Managing Director) and Tej Kumar Sibal.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹509.5 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹72.44 Cr (net margin 14.2%) and EBITDA of ₹260.62 Cr (EBITDA margin 51.2%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 2% over five years.
The company has about 325 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹791.68 Cr and satisfied charges of ₹1,059.87 Cr on record. Court records list 44 cases involving the company, including 7 filed by the company and 37 filed against it; 9 cases are pending. The company has 10 deals on record (9 funding rounds, 1 secondary share transfer), with disclosed funding of ₹83.4 Cr; the latest was in November 2018. The company has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 3 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 avis.co.in.
Company details
CIN U63011WB1995PTC068029
Registration Number 068029
Incorporation Date 03 February 1995
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Avis India Investments Private Limited
Compliance Status Active Compliant
CIN history
Avis India Mobility Solutions has one previous CIN (Corporate Identification Number): U63011WB1995PLC068029. The current CIN is U63011WB1995PTC068029, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63011WB1995PTC068029 | Current |
| U63011WB1995PLC068029 | Previous |
Recognitions & Rankings of Avis India Mobility Solutions
Contact details
Avis India Mobility Solutions Private Limited's registered office is in Kolkata, West Bengal. Its website is avis.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressN – 806 – A 8th Floor Diamond Heritage Building, 16 Strand Road Fairley Place, Kolkata, West Bengal, India – 700001
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Avis India Mobility Solutions Private Limited, buy the company report.
Comprehensive company report
Avis India Mobility Solutions Private 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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Business activity
The main business activity of Avis India Mobility Solutions is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Avis India Mobility Solutions Private Limited, buy the company report.
Financials of Avis India Mobility Solutions Private Limited
FY 2025 filings availableAvis India Mobility Solutions Private Limited reported revenue of ₹509.5 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹509.5 Cr ▲ 18%
Net profit · FY 2025
₹72.44 Cr margin 14.2%
EBITDA · FY 2025
₹260.62 Cr margin 51.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 31%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 33%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 18% growth in the latest year. EBITDA rose 19% 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 | ₹260.62 Cr | ||||
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| Net Profit (PAT) | ₹72.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.2% | ||||
| Net Profit Margin | 14.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avis India Mobility Solutions Private Limited, buy the company report.
Board of directors of Avis India Mobility Solutions Private Limited
Avis India Mobility Solutions has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tej Kumar Sibal Also directs: Oberoi Kerala Hotels and Resorts Ltd, Svara Hotels Limited, Oberoi Plaza Pvt Ltd and 1 more | Director | 03 Feb 1995 | 31 Years 8 Months | Current |
| Vikramjit Singh Oberoi Also directs: Oberoi Kerala Hotels and Resorts Ltd, Svara Hotels Limited, Oberoi Plaza Pvt Ltd and 5 more | Director | 08 Aug 2019 | 7 Years 2 Months | Current |
| Inderpal Singh Lall | Additional Director | 12 Dec 2024 | 1 Years 10 Months | Current |
| Aman Naagar Also directs: Avis India Investments Private Limited | Managing Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Hans Waldemar Mueller Also directs: Avis India Investments Private Limited | Director | 25 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Avis India Mobility Solutions Private Limited is audited by Delloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Delloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Avis India Mobility Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avis India Mobility Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹791.68 Cr
Satisfied charges
₹1,059.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101200933 | Hdfc Bank Limited | ₹1.65 Cr | Open | |
| 27 Nov 2025 | 101200923 | Hdfc Bank Limited | ₹37.93 Lakh | Open | |
| 24 Nov 2025 | 101202927 | Others | ₹73.41 Lakh | Open | |
| 24 Nov 2025 | 101202938 | Others | ₹73.41 Lakh | Open | |
| 24 Nov 2025 | 101202944 | Others | ₹73.41 Lakh | Open |
To see the full charge records of Avis India Mobility Solutions Private Limited, buy the company report.
Total charge records: 308 View all charges
Deals & funding
Avis India Mobility Solutions Private Limited has 10 deals on record (9 funding rounds, 1 secondary share transfer), with disclosed funding of ₹83.4 Cr; the latest was in November 2018.
Total deals
10
Funding rounds
9
Secondary share transfer
1
Disclosed funding
₹83.4 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Funding round | ₹10 Cr | Investors: Avis India Investments Private Limited , Eih Limited |
| Sep 2015 | Funding round | ₹15.8 Cr | Investors: Avis India Investments Private Limited , Eih Limited |
| Sep 2014 | Funding round | ₹19.67 Cr | Investors: Avis India Investments Private Limited , Eih Limited |
| Jun 2014 | Funding round | ₹1.18 Cr | Investors: Avis India Investments Private Limited , Eih Limited |
| Sep 2013 | Funding round | ₹16.06 Cr | Investors: Avis India Investments Private Limited , Eih Limited |
To see the full deal history of Avis India Mobility Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avis India Mobility Solutions Private Limited has 44 court cases on record: 7 filed by Avis India Mobility Solutions, 37 filed against it. 9 cases are pending and 35 are disposed.
Total cases
44
Filed by the company
7
Filed against the company
37
Pending
9
Disposed
35
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 33 | 8 |
| High courts | 6 | 4 | 1 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Ingenuity Gaming Pvt. Ltd. | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Heritage Cyberworld Pvt Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Starion India Private Limited Through Its Managing Director, Authorised Representative, Princip | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against Starion India Private Limited Through Its Directors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Avis India Mobility Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Avis India Mobility Solutions Private Limited was last rated by Crisil on 25 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Nov 2020 |
To see the full credit ratings and regulatory alerts of Avis India Mobility Solutions Private Limited, buy the company report.
MSME payment delays
Avis India Mobility Solutions Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maks Eco-Mobility Private Limited | |||
| an individual supplier | |||
| Puneet Cars Private Limited |
To see the full MSME payment records of Avis India Mobility Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Avis India Mobility Solutions has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Joint ventures
Employees & EPFO
Avis India Mobility Solutions Private Limited has a workforce of 325 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
325
Active EPFO establishments
1
Employee growth
9.06%
GST
Avis India Mobility Solutions has 19 GST registrations: 13 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
19
Active
13
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCM0488P1ZU | West Bengal | Active | 01 Jul 2017 |
| 03AACCM0488P1Z7 | Punjab | Active | 01 Jul 2017 |
| 06AACCM0488P1Z1 | Haryana | Active | 01 Jul 2017 |
| 07AACCM0488P1ZZ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avis India Mobility Solutions Private Limited, buy the company report.
Recent activity
Avis India Mobility Solutions Private Limited has 19 board changes on record since 1995: 5 appointments and 14 cessations. The latest: Hans Waldemar Mueller ceased to be Additional Director on 16 May 2025.
Charges
A charge registered on 10 Oct 2022 via Charge ID 100628336 with Yes Bank Limited was fully satisfied on 23 Dec 2025.
Charges
A charge with Others of Rs. 75.00 Cr registered on 14 Feb 2025 with Charge ID 101058242 was modified on 09 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.65 Cr with Charge ID 101200933 was registered on 05 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 101200923 was registered on 27 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.73 Cr with Charge ID 101202927 was registered on 24 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.73 Cr with Charge ID 101202938 was registered on 24 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.73 Cr with Charge ID 101202944 was registered on 24 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.73 Cr with Charge ID 101202951 was registered on 24 Nov 2025.
Charges
A charge registered on 11 Jul 2022 via Charge ID 100600311 with Yes Bank Limited was fully satisfied on 24 Nov 2025.
Charges
A charge registered on 03 Oct 2022 via Charge ID 100628319 with Yes Bank Limited was fully satisfied on 17 Nov 2025.
Charges
A charge registered on 16 Sep 2022 via Charge ID 100607345 with Yes Bank Limited was fully satisfied on 15 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101190572 was registered on 14 Nov 2025.
449 earlier events are in the company report.
Frequently asked questions
Avis India Mobility Solutions is an active private limited company based in Kolkata, West Bengal, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 03 February 1995 (31+ years old) and is registered under CIN U63011WB1995PTC068029.
Avis India Mobility Solutions has 5 current directors:
- Aman Naagar - Managing Director
- Tej Kumar Sibal - Director
- Vikramjit Singh Oberoi - Director
- Inderpal Singh Lall - Additional Director
- Hans Waldemar Mueller - Director
The latest financial statements of Avis India Mobility Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avis India Mobility Solutions is 19AACCM0488P1ZU, registered in West Bengal. The company has 19 GST registrations in all, of which 13 are active and 6 are cancelled or inactive. Other active GSTINs include 03AACCM0488P1Z7 (Punjab), 06AACCM0488P1Z1 (Haryana), 07AACCM0488P1ZZ (Delhi).
The CIN (Corporate Identification Number) of Avis India Mobility Solutions is U63011WB1995PTC068029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avis India Mobility Solutions has 44 court cases on record: 7 filed by the company and 37 filed against it. 9 are pending. Most are in the district courts.
Avis India Mobility Solutions was incorporated on 03 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Avis India Mobility Solutions has 10 deals on record (9 funding rounds, 1 secondary share transfer), with disclosed funding of ₹83.4 Cr; the latest was in November 2018.
Hans Waldemar Mueller ceased to be Additional Director on 16 May 2025. Inderpal Singh Lall was appointed as Additional Director on 12 Dec 2024. Paul Leslie Ford ceased to be Director on 21 Oct 2024. Avis India Mobility Solutions has 19 board changes on record in total.
Avis India Mobility Solutions has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 13 Nov 2023.
Avis India Mobility Solutions can be reached through the website avis.co.in. Its registered office is in Kolkata, West Bengal, India.