About Icar Electro Mech
Icar Electro Mech is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2019. It provides electric vehicles and promotes sustainable transportation solutions. It operates on a B2C model. Its Indian entity Icar Electro Mech Private Limited reported revenue of ₹1.7 Lakh. Icar Electro Mech offers products and services including Electric Vehicles. Its focus areas include Automotive Tech, Sustainable Mobility, Electric Vehicles and Eco-Friendly Transport. Its competitors include EMotorad, eBik and Hornback; 3 of its 3 listed competitors have raised funding.
Company details
I Car Electro Mech Is A Company Based In Chennai, India, Focusing On Electric Vehicles To Encourage Eco-friendly Mobility. They Offer Products And Services For Personal Transportation, Operating From Perungudi Industrial Estate. The Firm Engages Customers Through Online Contacts And In-person Visits, Emphasizing Electric Vehicle Adoption For Everyday Use. No Specific Client Details Are Provided In Available Information.
- Headquarters Chennai, India
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website icar-em.in
- Social Facebook Instagram
- Legal Name Icar Electro Mech Private Limited
- Date of Incorporation 23 Oct, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.7 Lakh
FY 2024 · -76% YoY
- Net Loss-₹22,570
FY 2024 · -13% margin
- EBITDA-₹30,161
FY 2024 · -17% margin
Associated legal entities of Icar Electro Mech
Icar Electro Mech operates through Icar Electro Mech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Icar Electro Mech Private Limited CIN U31904TN2019PTC132214 | Active | 23 Oct 2019 | Chennai, Tamil Nadu | ₹0.0 Cr | 2 | View details |
Products & Services of Icar Electro Mech
Icar Electro Mech offers a comprehensive portfolio of products and services, including Electric Vehicles.
Offers eco-friendly vehicles for efficient daily commuting.
Board of directors of Icar Electro Mech Private Limited (Icar Electro Mech)
Icar Electro Mech Private Limited is the primary company behind Icar Electro Mech. The board of Icar Electro Mech Private Limited currently have 2 directors; the longest-serving is Mylerumperumal Raguraman, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mylerumperumal Raguraman DIN 02407882 | Director | 23 Oct 2019 | 7 yrs | Icar Electro Mech Private Limited |
| Raguraman Mahalakshmi DIN 02106012 | Director | 23 Oct 2019 | 7 yrs | Icar Electro Mech Private Limited |
Financials of Icar Electro Mech
Figures of Icar Electro Mech Private Limited, the primary company behind Icar Electro Mech, for FY 2024. Revenue was ₹1.7 Lakh (-76% year on year). Net loss was -₹22,570 (-13% margin). EBITDA was -₹30,161 (-17% margin). Revenue has grown at a compounded annual rate of -18% over three years.
- ₹1.7 LakhRevenue · FY 2024 · -76% YoY
- -₹22,570Net loss · -13% margin
- -₹30,161EBITDA · -17% margin
- ₹1 LakhPaid-up capital
- -18%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Icar Electro Mech Private Limited are on its company page.
Detailed financial statements for Icar Electro Mech
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Icar Electro Mech
Icar Electro Mech has 3 listed competitors in our database, 3 of them funded. They include EMotorad, eBik and Hornback.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| emotorad.com | 2020 | Pune, India | $28.17M | 197 | Electric bicycles and e-bikes are offered via an online platform. | |
| ebik.in | 2017 | Delhi, India | $529,940 | Electric bicycles are manufactured with features for pedal-assisted riding. | ||
| hornback.bike | 2022 | Hyderabad, India | $428,580 | 41 | Foldable electric bicycles are provided by Hornback platform. |
Detailed competitors of Icar Electro Mech
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Icar Electro Mech (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Frequently Asked Questions about Icar Electro Mech
Icar Electro Mech was founded in 2019.
Icar Electro Mech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Icar Electro Mech, Icar Electro Mech Private Limited, reported revenue of ₹1.7 Lakh for FY 2024, down 76% year on year.
I Car Electro Mech Is A Company Based In Chennai, India, Focusing On Electric Vehicles To Encourage Eco-friendly Mobility. They Offer Products And Services For Personal Transportation, Operating From Perungudi Industrial Estate. The Firm Engages Customers Through Online Contacts And In-person Visits, Emphasizing Electric Vehicle Adoption For Everyday Use. No Specific Client Details Are Provided In Available Information.
Icar Electro Mech offers Electric Vehicles.
Icar Electro Mech operates through Icar Electro Mech Private Limited.
The legal entities of Icar Electro Mech currently have 2 directors, including Mylerumperumal Raguraman, Raguraman Mahalakshmi.