Greenline Mobility Solutions Limited

Greenline Mobility Solutions Limited - transport and logistics in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
CIN U60300GJ2021PLC120557 Incorporated 24 February 2021 ROC Ahmedabad HQ Gandhinagar, Gujarat, India
Active Public Limited Company transport and logistics MSME · Medium
Data last updated
Revenue · FY 2025
₹102.26 Cr
▲ 75% YoY
Net loss · FY 2025
₹17.71 Cr
Net margin -17.3%
EBITDA · FY 2025
₹52.38 Cr
EBITDA margin 51.2%
Authorised capital
₹112.29 Cr
Registered with MCA
Paid-up capital
₹43.09 Cr
Issued & subscribed
Open charges
₹387.36 Cr
Satisfied ₹260 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
49
Provident fund records

About Greenline Mobility Solutions Limited

Data last updated:

Greenline Mobility Solutions Limited is a public limited company based in Gandhinagar, Gujarat, India, a subsidiary of Dcrbn Limited. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 24 February 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U60300GJ2021PLC120557. Its GSTIN is 24AAICG8668B1ZI (Gujarat). The company holds 8 GST registrations, all of them active.

The company has an authorised share capital of ₹112.29 Cr and a paid-up capital of ₹43.09 Cr. It is led by directors including Madur Kant Taneja (Whole-Time Director) and Kaizad Pesi Palia (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 14 & 15 Ground Floor I.T. Tower – 1, Infocity Complex Near Indroda Circle Gandhinagar, Gujarat, India – 382007.

As per the financials filed for FY 2025, the company reported a revenue of ₹102.26 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net loss of ₹17.71 Cr (net margin -17.3%) and EBITDA of ₹52.38 Cr (EBITDA margin 51.2%).

The company has about 49 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.

The company is associated with 1 brand: GreenLine. As per MCA filings, the company has open charges of ₹387.36 Cr and satisfied charges of ₹260 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 16 deals on record (5 convertible or debt financings, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2,871.42 Cr; the latest was in April 2025. Its 10 peer companies in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road) are compared by revenue, 5 larger and 5 smaller; the largest is Union Roadways Ltd. with revenue of ₹381.91 Cr. The company has 4 MSME Form 1 returns on record between 2023 and 2024, listing 21 overdue payments to 13 micro and small suppliers.

Greenline Mobility Solutions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0059995). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenline.in.

Company details

CIN U60300GJ2021PLC120557
Registration Number 120557
Incorporation Date 24 February 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Dcrbn Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0059995

CIN history

Greenline Mobility Solutions has one previous CIN (Corporate Identification Number): U60300GJ2021PTC120557. The current CIN is U60300GJ2021PLC120557, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U60300GJ2021PLC120557Current
U60300GJ2021PTC120557Previous

Recognitions & Rankings of Greenline Mobility Solutions

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0059995

Contact details

Greenline Mobility Solutions Limited's registered office is in Gandhinagar, Gujarat. Its website is greenline.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. 14 & 15 Ground Floor I.T. Tower – 1, Infocity Complex Near Indroda Circle Gandhinagar, Gujarat, India – 382007
  • Industry
    Transport and Logistics, Carriers Services

To see the full contact details of Greenline Mobility Solutions Limited, buy the company report.

Comprehensive company report
Greenline Mobility Solutions Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Greenline Mobility Solutions operates one associated brand: GreenLine. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelinesgreenline.in

Business activity

The main business activity of Greenline Mobility Solutions is transport and storage. In detail, this covers land transport via road.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land Transport via Road

To see the full business activity and turnover split of Greenline Mobility Solutions Limited, buy the company report.

Financials of Greenline Mobility Solutions Limited

FY 2025 filings available

Greenline Mobility Solutions Limited reported revenue of ₹102.26 Cr (up 75% YoY) for FY 2025.

Revenue · FY 2025
₹102.26 Cr ▲ 75%
Net loss · FY 2025
₹17.71 Cr margin -17.3%
EBITDA · FY 2025
₹52.38 Cr margin 51.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 75%
EBITDA CAGR growth
1 year
▲ 68%

Revenue rose 75% in the latest year. EBITDA rose 68% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹102.26 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹52.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹17.71 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin51.2%
Net Profit Margin-17.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Greenline Mobility Solutions Limited, buy the company report.

Board of directors and KMP of Greenline Mobility Solutions Limited

Greenline Mobility Solutions Limited currently reports 8 directors and 1 key managerial person. 6 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Bhuwan Chandra TripathiDirector14 May 20242 Years 5 MonthsCurrent
Satishchand MathurDirector01 Mar 20233 Years 7 MonthsCurrent
Nitin Gordhandas DossaDirector03 Jan 20242 Years 9 MonthsCurrent
Madur Kant TanejaWhole-Time Director27 Sep 20251 Years 1 MonthsCurrent
Jitender BalakrishnanDirector03 Jan 20242 Years 9 MonthsCurrent
Anshuman Shashikant RuiaDirector24 Jun 20242 Years 4 MonthsCurrent
Showing 6 of 9 current directors and KMP. View all directors and KMP

Peer comparison

Greenline Mobility Solutions Limited is compared with the 10 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Union Roadways Ltd.₹381.91 Cr (FY 2025)-8.0%Kolkata, West Bengal, India
R V Logitrans Private Limited₹358.87 Cr (FY 2025)-20.0%Khordha, Odisha, India
Premier Road Carriers Ltd₹354.53 Cr (FY 2025)6.0%Mumbai, Maharashtra, India
Obcl Limited₹339.5 Cr (FY 2025)1.0%Raipur, Chhattisgarh, India
J R Roadlines Private Limited₹329.1 Cr (FY 2024)-15.0%Gandhidham, Gujarat, India
Spoton Logistics Private Limited₹324.09 Cr (FY 2025)-15.0%New Delhi, Delhi, India
Agrawal Roadlines Pvt Ltd₹323.77 Cr (FY 2025)34.0%Ahmedabad, Gujarat, India
Blackbuck Limited₹316.51 Cr (FY 2024)62.0%Bangalore, Karnataka, India
PRM Roadways Private Limited₹313.5 Cr (FY 2025)13.0%Sriperumbudur, Tamil Nadu, India
Maple Logistics Private Limited₹288.36 Cr (FY 2020)-16.0%New Delhi, Delhi, India
Greenline Mobility Solutions Limitedthis company₹102.26 Cr (FY 2025)-₹17.71 Cr-17.3%75.0%49Gandhinagar, Gujarat, India

To see the full peer comparison of Greenline Mobility Solutions Limited, buy the company report.

Auditor

Greenline Mobility Solutions Limited is audited by M S K A & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
M S K A & AssociatesFY 2024105047W

Shareholding

The shareholding of Greenline Mobility Solutions Limited is on record for 4 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Greenline Mobility Solutions Limited, buy the company report.

Charges & borrowings

Open charges
₹387.36 Cr
Satisfied charges
₹260 Cr
Breakdown by lending institutions
Others₹374.36 Cr
State Bank of India₹8.00 Cr
Axis Bank Limited₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jun 2026101341538Others₹20 CrOpen
29 Jun 2026101341683Others₹30 CrOpen
25 Feb 2026101253440Others₹25 CrOpen
06 Feb 2026101244883Others₹15 CrOpen
22 Jul 2025101149698Others₹100 CrOpen

To see the full charge records of Greenline Mobility Solutions Limited, buy the company report.

Total charge records: 26 View all charges

Deals & funding

Greenline Mobility Solutions Limited has 16 deals on record (5 convertible or debt financings, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2,871.42 Cr; the latest was in April 2025.

Total deals
16
Convertible or debt financings
5
Funding rounds
4
Secondary share transfers
3
Rights issues
2
Disclosed funding
₹2,871.42 Cr

Deals on record (5 of 16)

WhenDealAmountParties
Jan 2024Debt financing₹2.09 CrInvestors: Golden Merchandisers Private Limited
May 2023Secondary share transferUndisclosedBuyer: DCRBN Limited
Seller: Equiptrans Logistics Private Limited
Mar 2022Funding round₹25 CrInvestors: Equiptrans Logistics Private Limited
Mar 2022Secondary share transferUndisclosedBuyer: Equiptrans Logistics Private Limited
Seller: Swift Lifter Private Limited
Dec 2021Rights issue₹17 CrInvestors: Seros Shipping Private Limited

To see the full deal history of Greenline Mobility Solutions Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Greenline Mobility Solutions Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 21 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 13)

SupplierAmount dueDue sinceReported on
an individual supplier
GRP Limited
Progen Industrial
an individual supplier
an individual supplier

To see the full MSME payment records of Greenline Mobility Solutions Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Greenline Mobility Solutions has 4 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.

4
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Green Earth Commercial Vehicles Private LimitedU34300PN2018PTC178613
Greenline Mobility SPV 1 Private LimitedU49230MH2024PTC426317
Green Planet Logistics Private LimitedU49231MH2021PTC373912
Green Planet Transportation Private LimitedU52290MH2023PTC401850

To see the full group structure of Greenline Mobility Solutions Limited, buy the company report.

Employees & EPFO

Greenline Mobility Solutions Limited has a workforce of 49 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.

Employee count
49
Active EPFO establishments
1
Employee growth
88.46%

GST

Greenline Mobility Solutions has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
8
GSTINStateStatusRegistered on
24AAICG8668B1ZIGujaratActive16 Apr 2021
24AAICG8668B2ZHGujaratActive16 Feb 2023
24AAICG8668B3ZGGujaratActive27 Mar 2025
33AAICG8668B1ZJTamil NaduActive27 May 2023

To see the full GST registrations and return filing status of Greenline Mobility Solutions Limited, buy the company report.

Recent activity

Greenline Mobility Solutions Limited has 14 board changes on record since 2022: 9 appointments and 5 cessations. The latest: Sharvari Kishore Kulkarni ceased to be Whole-Time Director on 01 May 2026.

Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101341538 was registered on 29 Jun 2026.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101341683 was registered on 29 Jun 2026.
Charges
A charge with Others of Rs. 75.00 Cr registered on 21 Jul 2025 with Charge ID 101138452 was modified on 29 Jun 2026.
Charges
A charge with Others of Rs. 15.00 Cr registered on 06 Feb 2026 with Charge ID 101244883 was modified on 04 May 2026.
Ceased
Sharvari Kishore Kulkarni ceased to be Whole-Time Director.
Appointed
Rahul Goswamy was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101253440 was registered on 25 Feb 2026.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101244883 was registered on 06 Feb 2026.
Charges
A charge registered on 22 Dec 2023 via Charge ID 100911688 with Others was fully satisfied on 31 Dec 2025.
Charges
A charge registered on 28 Apr 2023 via Charge ID 100721201 with Others was fully satisfied on 04 Oct 2025.
AGM
Greenline Mobility Solutions Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Madur Kant Taneja was appointed as Whole-Time Director.

36 earlier events are in the company report.

Frequently asked questions

Greenline Mobility Solutions is an active public limited company based in Gandhinagar, Gujarat, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 24 February 2021 (5+ years old) and is registered under CIN U60300GJ2021PLC120557.

Greenline Mobility Solutions has 9 current directors and KMP:

The latest financial statements of Greenline Mobility Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Greenline Mobility Solutions is 24AAICG8668B1ZI, registered in Gujarat. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 24AAICG8668B2ZH (Gujarat), 24AAICG8668B3ZG (Gujarat), 33AAICG8668B1ZJ (Tamil Nadu).

The CIN (Corporate Identification Number) of Greenline Mobility Solutions is U60300GJ2021PLC120557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Greenline Mobility Solutions has 1 court case on record: 1 filed against it.

Greenline Mobility Solutions was incorporated on 24 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Greenline Mobility Solutions has 16 deals on record (5 convertible or debt financings, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹2,871.42 Cr; the latest was in April 2025.

The peers of Greenline Mobility Solutions by revenue are Union Roadways Ltd, R V Logitrans Private Limited, Premier Road Carriers Ltd, Obcl Limited, J R Roadlines Private Limited and 5 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).

Sharvari Kishore Kulkarni ceased to be Whole-Time Director on 01 May 2026. Rahul Goswamy was appointed as Additional Director on 17 Apr 2026. Madur Kant Taneja was appointed as Whole-Time Director on 27 Sep 2025. Greenline Mobility Solutions has 14 board changes on record in total.

Yes, Greenline Mobility Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0059995).

Greenline Mobility Solutions has 4 MSME Form 1 returns on record between 2023 and 2024, listing 21 overdue payments to 13 micro and small suppliers. The latest return was filed on 03 Jun 2024.