About Plug N Ride Motors
Plug N Ride Motors is a Transportation, Automotive & Logistics company founded in 2018. It manufactures electric vehicles and offers consultancy for sustainable transportation solutions. It operates on a B2B and D2C model. Its Indian entity Plugnride Motors Private Limited reported revenue of ₹8.98 Cr. Plug N Ride Motors offers products and services including E-Rickshaw, E-Cycle, E-Loader, E-Scooter, and EV Consultancy. Its focus areas include Transportation, Electric Vehicles, Two/Three-Wheeler and E-Rickshaw.
Company details
Plug N Ride Motors Pvt. Ltd. specializes in manufacturing electric vehicles like E-Rickshaws and E-Cycles, focusing on sustainability and innovation. They provide services including EV consultancy, design, development, and dealership contracts. Based in Sonipat, Haryana, India, they work with clients in the automotive industry to promote eco-friendly solutions and technological advancements for long-term environmental benefits. Their team ensures high-quality products and support to help clients achieve business goals.
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website plugnridemotors.com
- Social LinkedIn Facebook Instagram
- Legal Name Plug N Ride Motors Pvt. Ltd.
- Date of Incorporation 07 Mar, 2018
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹8.98 Cr
FY 2024 · +842% YoY
- Indian entity net profit₹7.5 Lakh
FY 2024 · 1% margin
- Indian entity EBITDA₹9.4 Lakh
FY 2024 · 1% margin
Associated legal entities of Plug N Ride Motors
Plug N Ride Motors operates through Plugnride Motors 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 |
|---|---|---|---|---|---|---|---|
| Plugnride Motors Private Limited CIN U34100DL2018PTC330408 | Active | 07 Mar 2018 | New Delhi, Delhi | ₹9.0 Cr | 2 | View details |
Products & Services of Plug N Ride Motors
Plug N Ride Motors offers a comprehensive portfolio of products and services, including E-Rickshaw, E-Cycle, E-Loader, E-Scooter, and EV Consultancy.
Three-wheeler electric vehicle for urban transportation and cargo.
Electric bicycle for personal and short-distance commuting.
Electric loader for goods transport with eco-friendly features.
Two-wheeler electric scooter for daily commuting needs.
Advisory services for electric vehicle business growth and development.
Board of directors of Plugnride Motors Private Limited (Plug N Ride Motors)
Plugnride Motors Private Limited is the primary company behind Plug N Ride Motors. The board of Plugnride Motors Private Limited currently have 2 directors; the longest-serving is Talat Ghosia, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Talat Ghosia DIN 07996616 | Director | 07 Mar 2018 | 8 yrs 8 mo | Plugnride Motors Private Limited |
| Arif Eqbal DIN 07996663 | Director | 07 Mar 2018 | 8 yrs 8 mo | Plugnride Motors Private Limited |
Financials of Plug N Ride Motors
Figures of Plugnride Motors Private Limited, the primary company behind Plug N Ride Motors, for FY 2024. Revenue was ₹8.98 Cr (+842% year on year). Net profit was ₹7.5 Lakh (1% margin). EBITDA was ₹9.4 Lakh (1% margin). Revenue has grown at a compounded annual rate of +2625% over three years and +146% over five years.
- ₹8.98 CrRevenue · FY 2024 · +842% YoY
- ₹7.5 LakhNet profit · 1% margin
- ₹9.4 LakhEBITDA · 1% margin
- ₹1 LakhPaid-up capital
- +2625%Revenue CAGR, 3 years
- +146%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Plugnride Motors Private Limited are on its company page.
Detailed financial statements for Plug N Ride Motors
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Frequently Asked Questions about Plug N Ride Motors
Plug N Ride Motors was founded in 2018.
The primary company behind Plug N Ride Motors, Plugnride Motors Private Limited, reported revenue of ₹8.98 Cr for FY 2024, up 842% year on year.
Plug N Ride Motors Pvt. Ltd. specializes in manufacturing electric vehicles like E-Rickshaws and E-Cycles, focusing on sustainability and innovation. They provide services including EV consultancy, design, development, and dealership contracts. Based in Sonipat, Haryana, India, they work with clients in the automotive industry to promote eco-friendly solutions and technological advancements for long-term environmental benefits. Their team ensures high-quality products and support to help clients achieve business goals.
Plug N Ride Motors offers E-Rickshaw, E-Cycle, E-Loader, E-Scooter, and EV Consultancy.
Plug N Ride Motors operates through Plugnride Motors Private Limited.
The legal entities of Plug N Ride Motors currently have 2 directors, including Talat Ghosia, Arif Eqbal.