Oita Electric

Thrissur, India Founded: 2019 • Age: 7 yrs
Manufactures high-quality electric scooters for consumers.

About Oita Electric

Oita Electric is a Transportation, Automotive & Logistics company based in Thrissur (India) founded in 2019. It manufactures high-quality electric scooters for consumers. It operates on a B2C model. Its Indian entity Oita Electric Private Limited reported revenue of β‚Ή1.19 Cr. Its focus areas include Automotive, Electric Vehicles, Scooter Manufacturing and Electric Scooters. Similar companies include Ola Electric, Ather Energy and BGauss; 3 of its 3 listed similar companies have raised funding.

Company details

Oita Electric, founded in 2019 in Thrissur, India, focuses on dealing with automotive parts, developing electric vehicles, scooter manufacturing, and electric scooters. Manufactures high-quality electric scooters for consumers. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

  • Headquarters Thrissur, India
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website oitaelectric.com
  • Social Facebook Instagram
  • Legal Name Oita Electric Private Limited
  • Date of Incorporation 18 Apr, 2023
  • Jurisdiction Mukundapuram, Kerala, India
Key Metrics
  • Annual Revenue
    ₹1.19 Cr

    FY 2024

  • Net Profit
    ₹3.6 Lakh

    FY 2024 · 3% margin

  • EBITDA
    ₹5 Lakh

    FY 2024 · 4% margin

Board of directors of Oita Electric Private Limited (Oita Electric)

Oita Electric Private Limited is the primary company behind Oita Electric. The board of Oita Electric Private Limited currently have 4 directors; the longest-serving is Eluvathingal Varghese Shibu, appointed in 2023. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Eluvathingal Varghese Shibu
DIN 01820786
Director18 Apr 20233 yrs 6 moOita Electric Private Limited
Shibu Solomon Eluvathingal
DIN 09836201
Director18 Apr 20233 yrs 6 moOita Electric Private Limited
Santra Mechery
DIN 10200861
Director16 Jun 20233 yrs 4 moOita Electric Private Limited
Emmanuvel Shibu
DIN 11398544
Director06 Nov 20251 yrOita Electric Private Limited

Financials of Oita Electric

Figures of Oita Electric Private Limited, the primary company behind Oita Electric, for FY 2024. Revenue was ₹1.19 Cr. Net profit was ₹3.6 Lakh (3% margin). EBITDA was ₹5 Lakh (4% margin).

  • ₹1.19 CrRevenue · FY 2024
  • ₹3.6 LakhNet profit · 3% margin
  • ₹5 LakhEBITDA · 4% margin
  • ₹2 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Oita Electric Private Limited are on its company page.

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Similar companies to Oita Electric

Oita Electric has 3 listed similar companies in our database, 3 of them funded. They include Ola Electric, Ather Energy and BGauss.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
olaelectric.com2017Bengaluru, India$999.91M3,520
Electric scooters and motorcycles are manufactured with related accessories.
atherenergy.com2013Bengaluru, India$502.02M1,755
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
bgauss.com2020Mumbai, India$24.37M633
Retailer of electric scooters offering test rides, maintenance, and financing
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Detailed similar companies of Oita Electric

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Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Oita Electric (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 37.93 M401
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
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Frequently Asked Questions about Oita Electric

Oita Electric was founded in 2019.

Oita Electric is headquartered in Thrissur, India. It is registered at Thrissur, Kerala, India.

The primary company behind Oita Electric, Oita Electric Private Limited, reported revenue of β‚Ή1.19 Cr for FY 2024.

Oita Electric, founded in 2019 in Thrissur, India, focuses on dealing with automotive parts, developing electric vehicles, scooter manufacturing, and electric scooters. Manufactures high-quality electric scooters for consumers. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Oita Electric's top competitors include Ather Energy, Ola Electric and BGauss.

Oita Electric operates through Oita Electric Private Limited.

The legal entities of Oita Electric currently have 4 directors, including Santra Mechery, Eluvathingal Varghese Shibu, Shibu Solomon Eluvathingal and others.

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