About Rotomag
Rotomag is an Industrial Goods & Manufacturing company based in Anand (India) founded in 1993 by Umesh Balani. Manufacturer and supplier of PMDC motos. Rotomag has raised $5 million across 2 funding rounds from investors including BanyanTree Finance. The company has 176 employees. Rotomag has completed 1 acquisition, including Statcon Energiaa. Rotomag was last valued at $5.74 million in September 2015. Its chief executive, as recorded, is Umesh Balani. Its Indian entity Rotomag Enertec Limited reported revenue of ₹1,228 Cr. Rotomag offers products and services including Permanent Magnet DC Motors, Brushless DC Motors, and Wound Field DC Motors. Its focus areas include Industrial Goods and Manufacturing, Industrial Automation Equipment, Electrical Systems and Manufacturers.
Company details
Headquarters in Anand, Gujarat, Rotomag is the manufacturer and supplier of solar powered DC surface and submersible pumps. The company claims to offer products which are developed using BLDC and PMDC technology. The company offer products including Permanent Magnet D.C.Motors, Wound Field D.C.Motors, Gear Motors, and Custom D.C.Motors and can be used for various applications such as irrigation, drinking water, aquaculture, floriculture, etc. The company has supplied over 15k solar pumps to various government projects across India and over 200 pumps internationally.
- Headquarters Anand, India
- Employees 176
- Founders Umesh Balani
- Stage Minicorn
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website rotomag.com
- Social LinkedIn
- Legal Name Rotomag Enertec Limited
- Date of Incorporation 24 Aug, 1993
- Jurisdiction Vithal Udyognagar, Gujarat, India
- Annual Revenue₹1,228 Cr
FY 2026 · +23% YoY
- Net Profit₹145 Cr
FY 2026 · 9% margin
- EBITDA₹267 Cr
FY 2026 · 17% margin
- Total Equity Funding$5M (USD)
in 2 rounds
- Investors
- Employee Count176
- Investments & Acquisitions
Associated legal entities of Rotomag
Rotomag is associated with 3 registered companies on The Company Check; the primary company is Rotomag Enertec Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rotomag Enertec Limited CIN U34100GJ1993PLC020063 | Active | 24 Aug 1993 | Vithal Udyognagar, Gujarat | ₹1,228 Cr | 115 | 8 | View details |
| Magtor Servomotion Private Limited CIN U31101GJ2014PTC078331 | Amalgamated | 20 Jan 2014 | Napa Talpad, Gujarat | ₹0.0 Cr | 2 | View details | |
| Rotomotive Powerdrives India Limited CIN U31103GJ2006PLC048638 | Active | 06 Jul 2006 | Napa Talpad, Gujarat | ₹208 Cr | 110 | 6 | View details |
Products & Services of Rotomag
Rotomag offers a comprehensive portfolio of products and services, including Permanent Magnet DC Motors, Brushless DC Motors, and Wound Field DC Motors.
Efficient DC motors for industrial and machinery applications.
High-performance motors for automation and hydraulic systems.
Reliable motors designed for material handling equipment.
Funding Insights of Rotomag
Rotomag has successfully raised a total of $5M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5M
- Total Rounds 2
- First Round $5M
(Sep 2015)
- Investors Count 1
All 2 funding rounds of Rotomag with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | Post-IPO | – | – | – | |
| Sep 2015 | $5M | Series A | $5.74M | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2015 | $5.74M | •••••••• |
Last known valuation $5.74M (Sep 2015). 1 investors in total: 1 institutional.
Investors in Rotomag
Rotomag has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BanyanTree Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm engaging in diverse sector partnerships in India. | 2008 | banyantreefinance.com | Mumbai, India |
Investor details for Rotomag
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Rotomag Enertec Limited (Rotomag)
Rotomag Enertec Limited is the primary company behind Rotomag. The boards of the 3 registered companies of Rotomag currently have 9 directors; the longest-serving is Umesh Mohan Balani, appointed in 1993. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Umesh Mohan Balani DIN 00273387 | Managing Director | 24 Aug 1993 | 33 yrs 2 mo | Rotomag Enertec Limited, Magtor Servomotion Private Limited, Rotomotive Powerdrives India Limited |
| Giorgio Bosio DIN 03632812 | Director | 06 Jul 2006 | 20 yrs 4 mo | Rotomotive Powerdrives India Limited |
| Neelam Umesh Balani DIN 02260056 | Whole-time director | 01 Jul 2008 | 18 yrs 4 mo | Rotomag Enertec Limited, Magtor Servomotion Private Limited, Rotomotive Powerdrives India Limited |
| Ashishkumar Agarwal DIN 07496359 | Director | 14 Oct 2017 | 9 yrs | Rotomotive Powerdrives India Limited |
| Ranganath Nuggehalli Krishna DIN 00004044 | Director | 31 Jan 2025 | 1 yr 9 mo | Rotomag Enertec Limited |
| Anil Kumar Raina DIN 03325932 | Director | 31 Jan 2025 | 1 yr 9 mo | Rotomag Enertec Limited, Rotomotive Powerdrives India Limited |
| Priyanka Gulati DIN 07087707 | Director | 31 Jan 2025 | 1 yr 9 mo | Rotomag Enertec Limited |
| Rakesh Kumar Bhutoria DIN 08449728 | Nominee Director | 11 Apr 2025 | 1 yr 7 mo | Rotomag Enertec Limited |
| Pravin Nagindas Shah DIN 00056173 | Director | 28 Jul 2025 | 1 yr 3 mo | Rotomotive Powerdrives India Limited |
People of Rotomag
11 people are tracked at Rotomag (1 in leadership, 10 in team); the tracked headcount is 176.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO & MD | Leadership | |
Chirag Talpada | Assistant Manager - IT | Team |
Dhaval Shukla | Manager Finance Accounts | Team |
Prafulkumar Kandoliya | Senior Executive Quality | Team |
Abhishek Pandey | Deputy Manager | Team |
Rajesh Kumar Pattanaik | Assistant Manager | Team |
Shreyas R. S. | Executive IT | Team |
Abhishek Kumar | Project Engineer | Team |
Chirag Chavda | Executive | Team |
Rukhsar Malik | Assistant Manager | Team |
Deep Choudhury | Assistant Manager | Team |
Complete people profiles for Rotomag
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Financials of Rotomag
Figures of Rotomag Enertec Limited, the primary company behind Rotomag, for FY 2026. Revenue was ₹1,228 Cr (+23% year on year). Net profit was ₹145 Cr (9% margin). EBITDA was ₹267 Cr (17% margin). Revenue has grown at a compounded annual rate of +30% over three years and +24% over five years.
- ₹1,228 CrRevenue · FY 2026 · +23% YoY
- ₹145 CrNet profit · 9% margin
- ₹267 CrEBITDA · 17% margin
- ₹8.33 CrPaid-up capital
- 115Employees (provident fund records)
- +30%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rotomag Enertec Limited are on its company page.
Detailed financial statements for Rotomag
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Rotomag
Rotomag has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Statcon Energiaa.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufactures power converters and inverters for energy, defense, and industrial applications. | energiaa.in | Noida, India | 1991 | Aug 2025 | •••• |
Complete acquisition details for Rotomag
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Timeline of Rotomag
5 dated milestones of Rotomag across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Rotomag is founded.
- Funding First funding round of $5.0M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Statcon Energiaa.
- Funding Latest funding round, Post-IPO,.
Web traffic of Rotomag
Websites that share an audience with Rotomag (rotomag.com).
Websites whose visitors overlap most with Rotomag. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| igusa.com | 100% | View details | |||
mtsautomation.com | mtsautomation.com | 86% | – | ||
weilibao.com | weilibao.com | 86% | – | ||
| thingap.com | 86% | 3.3K | #5,406,472 | View details | |
| jolietoffshore.com | 86% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Rotomag
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Related news about Rotomag
Complete news archive for Rotomag
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Frequently Asked Questions about Rotomag
Rotomag was founded in 1993 and raised its 1st funding round 22 years after it was founded.
Rotomag is headquartered in Anand, India. It is registered at Anand, Gujarat, India.
Umesh Balani is the CEO of Rotomag, as recorded in our data. They have also founded this company.
Rotomag is a funded company, having raised a total of $5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Sep 2015.
Rotomag has 176 employees.
The primary company behind Rotomag, Rotomag Enertec Limited, reported revenue of ₹1,228 Cr for FY 2026, up 23% year on year.
Headquarters in Anand, Gujarat, Rotomag is the manufacturer and supplier of solar powered DC surface and submersible pumps. The company claims to offer products which are developed using BLDC and PMDC technology. The company offer products including Permanent Magnet D.C.Motors, Wound Field D.C.Motors, Gear Motors, and Custom D.C.Motors and can be used for various applications such as irrigation, drinking water, aquaculture, floriculture, etc. The company has supplied over 15k solar pumps to various government projects across India and over 200 pumps internationally.
Rotomag offers Permanent Magnet DC Motors, Brushless DC Motors, and Wound Field DC Motors.
Rotomag has made 1 acquisition, including Statcon Energiaa.
Rotomag has 1 investor. Key investors include BanyanTree Finance.
The valuation of Rotomag is $5.74M as of Sep 2015.
Rotomag is associated with 3 legal entities: Rotomag Enertec Limited, Magtor Servomotion Private Limited, Rotomotive Powerdrives India Limited.