About Nova Automotive Technologies
Nova Automotive Technologies is a Transportation, Automotive & Logistics company based in Meerut (India) founded in 2017 by Sanjay Kumar Gupta and Siddhant Gupta. It manufactures high-quality electric rickshaws for efficient urban mobility solutions. It operates on a B2B model. Its Indian entity Nova Automotive Technologies Private Limited reported revenue of ₹55.53 Cr. Its focus areas include Manufacturing, Automotive, Electric Vehicles and Rickshaw Production. Its competitors include TI Clean Mobility, 3evi and ETO Motors; 3 of its 3 listed competitors have raised funding.
Company details
Nova Automotive Technologies, founded in 2017 in Meerut, India, focuses on producing manufactured goods, dealing with automotive parts, developing electric vehicles, and rickshaw production. Manufactures high-quality electric rickshaws for efficient urban mobility solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Meerut, India
- Founders Sanjay Kumar Gupta, Siddhant Gupta
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website novaat.com
- Legal Name Nova Automotive Technologies Private Limited
- Date of Incorporation 27 Feb, 2017
- Jurisdiction Meerut, Uttar Pradesh, India
- Annual Revenue₹55.53 Cr
FY 2024 · +35% YoY
- Net Profit₹19.7 Lakh
FY 2024 · 0% margin
- EBITDA₹47.1 Lakh
FY 2024 · 1% margin
Associated legal entities of Nova Automotive Technologies
Nova Automotive Technologies operates through Nova Automotive Technologies 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 |
|---|---|---|---|---|---|---|---|
| Nova Automotive Technologies Private Limited CIN U74999UP2017PTC090768 | Active | 27 Feb 2017 | Meerut, Uttar Pradesh | ₹55.5 Cr | 2 | View details |
Board of directors of Nova Automotive Technologies Private Limited (Nova Automotive Technologies)
Nova Automotive Technologies Private Limited is the primary company behind Nova Automotive Technologies. The board of Nova Automotive Technologies Private Limited currently have 2 directors; the longest-serving is Siddhant Gupta, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Siddhant Gupta DIN 07733614 | Director | 27 Feb 2017 | 9 yrs 7 mo | Nova Automotive Technologies Private Limited |
| Sarika Gupta DIN 08654611 | Director | 04 Jan 2020 | 6 yrs 9 mo | Nova Automotive Technologies Private Limited |
People of Nova Automotive Technologies
2 people are tracked at Nova Automotive Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Nova Automotive Technologies
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- Team structure
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Verified entity values are shown only after access is granted.
Financials of Nova Automotive Technologies
Figures of Nova Automotive Technologies Private Limited, the primary company behind Nova Automotive Technologies, for FY 2024. Revenue was ₹55.53 Cr (+35% year on year). Net profit was ₹19.7 Lakh (0% margin). EBITDA was ₹47.1 Lakh (1% margin). Revenue has grown at a compounded annual rate of +151% over three years and +68% over five years.
- ₹55.53 CrRevenue · FY 2024 · +35% YoY
- ₹19.7 LakhNet profit · 0% margin
- ₹47.1 LakhEBITDA · 1% margin
- ₹6 LakhPaid-up capital
- +151%Revenue CAGR, 3 years
- +68%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nova Automotive Technologies Private Limited are on its company page.
Detailed financial statements for Nova Automotive Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Nova Automotive Technologies
Nova Automotive Technologies has 3 listed competitors in our database, 3 of them funded. They include TI Clean Mobility, 3evi and ETO Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ticleanmobility.tcc.mode | 2022 | Chennai, India | $519.2M | 530 | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | |
| 3evi.com | 2019 | Bengaluru, India | $24.64M | 250 | Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | |
| etomotors.com | 2018 | Hyderabad, India | $15.2M | 109 | Online platform offering electric vehicles and fleet management solutions |
Detailed competitors of Nova Automotive Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- 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 Nova Automotive Technologies (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 Nova Automotive Technologies
Nova Automotive Technologies was founded in 2017.
Nova Automotive Technologies is headquartered in Meerut, India. It is registered at Meerut, Uttar Pradesh, India.
The primary company behind Nova Automotive Technologies, Nova Automotive Technologies Private Limited, reported revenue of ₹55.53 Cr for FY 2024, up 35% year on year.
Nova Automotive Technologies, founded in 2017 in Meerut, India, focuses on producing manufactured goods, dealing with automotive parts, developing electric vehicles, and rickshaw production. Manufactures high-quality electric rickshaws for efficient urban mobility solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Nova Automotive Technologies's top competitors include ETO Motors, TI Clean Mobility and 3evi.
Nova Automotive Technologies operates through Nova Automotive Technologies Private Limited.
The legal entities of Nova Automotive Technologies currently have 2 directors, including Sarika Gupta, Siddhant Gupta.