About Saera Electric Auto
Saera Electric Auto is a Transportation, Automotive & Logistics company based in Angul (India) founded in 2011. It manufactures electric vehicles like auto rickshaws and delivery vans in India. It operates on a B2B and D2C model. The company has 85 employees. Its Indian entity Saera Electric Auto Limited reported revenue of ₹377 Cr. Saera Electric Auto offers products and services including Mayuri Autorikshaw, Mayuri Delivery Van, Mayuri E-Cart, Mayuri Garbage Loader, and Mayuri Pro-1200. Its focus areas include Transportation, Electric Vehicles, Commercial and Auto Rickshaws. Similar companies include TI Clean Mobility, ETO Motors and Montra Electric; 2 of its 3 listed similar companies have raised funding.
Company details
Saera Electric Auto Ltd. is a manufacturer of electric vehicles based in Angul, India, producing models such as Mayuri auto rickshaws and delivery vans. They focus on eco-friendly transportation with an emphasis on quality, durability, and innovation. Their products serve utility and passenger needs, including loaders and carts, targeting commercial and local markets through partnerships.
- Headquarters Angul, India
- Employees 85
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website mayurierickshawangul.com
- Legal Name Saera Electric Auto Ltd.
- Date of Incorporation 18 Aug, 2011
- Jurisdiction Bhiwadi, Rajasthan, India
- Annual Revenue₹377 Cr
FY 2024 · -2% YoY
- Net Profit₹24.02 Cr
FY 2024 · 6% margin
- EBITDA₹34.00 Cr
FY 2024 · 9% margin
- Employee Count85
Associated legal entities of Saera Electric Auto
Saera Electric Auto operates through Saera Electric Auto 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 |
|---|---|---|---|---|---|---|---|
| Saera Electric Auto Limited CIN U50300RJ2011PLC059721 | Active | 18 Aug 2011 | Bhiwadi, Rajasthan | ₹377 Cr | 85 | 5 | View details |
Products & Services of Saera Electric Auto
Saera Electric Auto offers a comprehensive portfolio of products and services, including Mayuri Autorikshaw, Mayuri Delivery Van, Mayuri E-Cart, Mayuri Garbage Loader, and Mayuri Pro-1200.
Electric auto rickshaw for passenger and short-distance transport
Van designed for goods delivery and logistics services
Compact cart for cargo and utility applications
Loader vehicle for waste management and collection
Advanced model for commercial transport needs
Board of directors of Saera Electric Auto Limited (Saera Electric Auto)
Saera Electric Auto Limited is the primary company behind Saera Electric Auto. The board of Saera Electric Auto Limited currently have 5 directors; the longest-serving is Mansi Kapoor, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mansi Kapoor DIN 03583598 | Director | 18 Aug 2011 | 15 yrs 2 mo | Saera Electric Auto Limited |
| Nitin Kapoor DIN 02069524 | Director | 18 Aug 2011 | 15 yrs 2 mo | Saera Electric Auto Limited |
| Vijay Kumar Kapoor DIN 02852110 | Director | 03 Dec 2022 | 3 yrs 11 mo | Saera Electric Auto Limited |
| Rajesh Kumar Gupta DIN 08952320 | Director | 15 Mar 2024 | 2 yrs 7 mo | Saera Electric Auto Limited |
| Harjeewan Das Madan DIN 10881857 | Director | 28 Dec 2024 | 1 yr 10 mo | Saera Electric Auto Limited |
Financials of Saera Electric Auto
Figures of Saera Electric Auto Limited, the primary company behind Saera Electric Auto, for FY 2024. Revenue was ₹377 Cr (-2% year on year). Net profit was ₹24.02 Cr (6% margin). EBITDA was ₹34.00 Cr (9% margin). Revenue has grown at a compounded annual rate of +99% over three years and +49% over five years.
- ₹377 CrRevenue · FY 2024 · -2% YoY
- ₹24.02 CrNet profit · 6% margin
- ₹34.00 CrEBITDA · 9% margin
- ₹21 LakhPaid-up capital
- 85Employees (provident fund records)
- +99%Revenue CAGR, 3 years
- +49%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Saera Electric Auto Limited are on its company page.
Detailed financial statements for Saera Electric Auto
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Similar companies to Saera Electric Auto
Saera Electric Auto has 3 listed similar companies in our database, 2 of them funded. They include TI Clean Mobility, ETO Motors and Montra Electric.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 2022 | Chennai, India | $519.2M | 530 | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | ||
| etomotors.com | 2018 | Hyderabad, India | $15.2M | 109 | Online platform offering electric vehicles and fleet management solutions | |
| montraelectric.com | 2020 | Chennai, India | 522 | Electric three-wheelers are manufactured by Montra Electric in India. |
Detailed similar companies of Saera Electric Auto
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Top companies in Two Wheeler Rental Services
3 companies that operate in the same segment as Saera Electric Auto (Two Wheeler Rental Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial services encompassing loans, investments, and insurance are delivered in India. | 1979 | Mumbai, Maharashtra, India | USD 1.94 B | |||
Manufactures and markets retro-inspired motorcycles with modern features. | 1929 | Pune, Maharashtra, India | USD 83.25 M | 100 | ||
Offers bike listings, prices, reviews, and comparisons for consumers. | 2012 | Mumbai, Maharashtra, India |
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Frequently Asked Questions about Saera Electric Auto
Saera Electric Auto was founded in 2011.
Saera Electric Auto is headquartered in Angul, India. It is registered at Angul, Odisha, India.
Saera Electric Auto has 85 employees.
The primary company behind Saera Electric Auto, Saera Electric Auto Limited, reported revenue of ₹377 Cr for FY 2024, down 2% year on year.
Saera Electric Auto Ltd. is a manufacturer of electric vehicles based in Angul, India, producing models such as Mayuri auto rickshaws and delivery vans. They focus on eco-friendly transportation with an emphasis on quality, durability, and innovation. Their products serve utility and passenger needs, including loaders and carts, targeting commercial and local markets through partnerships.
Saera Electric Auto's top competitors include ETO Motors, TI Clean Mobility and Montra Electric.
Saera Electric Auto offers Mayuri Autorikshaw, Mayuri Delivery Van, Mayuri E-Cart, Mayuri Garbage Loader, and Mayuri Pro-1200.
Saera Electric Auto operates through Saera Electric Auto Limited.
The legal entities of Saera Electric Auto currently have 5 directors, including Mansi Kapoor, Vijay Kumar Kapoor, Nitin Kapoor and others.