About Gremot Mobility Private Limited
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Gremot Mobility Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2019PTC127585. Its GSTIN is 29AAHCG9747J1ZU (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.01 Cr. It is led by directors Varun Rajendra Rajamane (Managing Director) and Rajendra Shivappa Rajamane.
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 3/1 Whitefield Road Mahadevapura Post, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.73 Cr, a growth of 134% compared to the previous year. For the same year it recorded a net loss of ₹33.7 Lakh (net margin -19.4%) and EBITDA of -₹30.29 Lakh (EBITDA margin -17.5%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 213% over five years.
The company is associated with 1 brand: Gremot Mobility. As per MCA filings, the company has open charges of ₹1.8 Lakh on record.
For more details, the company can be reached via its website gremot.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address3/1 Whitefield Road Mahadevapura Post, Bangalore, Karnataka, India – 560048
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Gremot Mobility Private Limited
The main business activity of Gremot Mobility is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gremot Mobility Private Limited FY 2025 filings available
Gremot Mobility Private Limited reported revenue of ₹1.73 Cr (up 134% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Gremot Mobility Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 213% over five years, including 134% growth in the latest year. EBITDA rose 29% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Gremot Mobility Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹30.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹33.7 Lakh | •••• | •••• | •••• | •••• |
| 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 of Gremot Mobility Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -19.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gremot Mobility are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Gremot Mobility Private Limited
Gremot Mobility Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nuvega Enterprises Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Porbandar, Gujarat, India |
| Teczhar Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Aurangabad, Maharashtra, India |
| Kells Infinity Power Solutions India Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | Pune, Maharashtra, India |
| Bhopal Wires Pvt Ltd | ₹1.74 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Bhopal, Madhya Pradesh, India |
| Syspro Electro Controls Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | New Delhi, Delhi, India |
| Gremot Mobility Private Limited this company | ₹1.73 Cr (FY 2025) | •••• | •••• | 134.0% | •••• | Bangalore, Karnataka, India |
| Lithium-Ion Power Oem Solutions Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | 169.0% | •••• | G. B. Nagar, Uttar Pradesh, India |
| Nandish Engineering Pvt Ltd | ₹1.72 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kulgaon, Maharashtra, India |
| Vaishno Switchgear Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Sanhit Biosolutions Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Spectra Electricals Private Limited | ₹1.71 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Gremot Mobility by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gremot Mobility Private Limited
Gremot Mobility Private Limited is audited by B.R.V. GOUD & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.R.V. GOUD & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gremot Mobility Private Limited
Gremot Mobility has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Rajendra Rajamane Also directs: R H Multisystems LLP, Rajamane Industries Private Limited | Managing Director | 02 Sep 2019 | 7 Years 1 Months | Current |
| Rajendra Shivappa Rajamane Also directs: R H Multisystems LLP, Rajamane and Hegde Services Private Limited, Rajamane Industries Private Limited and 1 more | Director | 02 Sep 2019 | 7 Years 1 Months | Current |
Ownership and Shareholding of Gremot Mobility Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gremot Mobility Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2020 | Others | ₹1.8 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Gremot Mobility Private Limited
Gremot Mobility operates one associated brand: Gremot Mobility. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and supplies motion control systems for battery-powered engineering uses. | gremot.com |
Employees and EPFO Compliance at Gremot Mobility Private Limited
Employment history and EPFO contributions of people linked to Gremot Mobility.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gremot Mobility Private Limited
Gremot Mobility Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Varun Rajendra Rajamane ceased to be Director on 23 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Gremot Mobility Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gremot Mobility Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gremot Mobility Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gremot Mobility Private Limited
Gremot Mobility has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG9747J1ZU | Karnataka | Active | 28 Jan 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gremot Mobility Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Gremot Mobility Private Limited
Frequently Asked Questions about Gremot Mobility Private Limited
Gremot Mobility is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 September 2019 (7+ years old) and is registered under CIN U31900KA2019PTC127585.
Gremot Mobility reported revenue of ₹1.73 Cr for FY 2025 (up 134% YoY).
Gremot Mobility has 2 current directors:
- Varun Rajendra Rajamane - Managing Director
- Rajendra Shivappa Rajamane - Director
Gremot Mobility reported a net loss of ₹33.7 Lakh (net margin -19.4%) and EBITDA of -₹30.29 Lakh (EBITDA margin -17.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gremot Mobility is 77% over three years and 213% over five years. In the latest year (FY 2025) revenue rose 134%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gremot Mobility is 29AAHCG9747J1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Gremot Mobility is U31900KA2019PTC127585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gremot Mobility was incorporated on 02 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Gremot Mobility by revenue are Nuvega Enterprises Private Limited, Teczhar Private Limited, Kells Infinity Power Solutions India Private Limited, Bhopal Wires Pvt Ltd, Syspro Electro Controls Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Varun Rajendra Rajamane ceased to be Director on 23 Jan 2020. Rajendra Shivappa Rajamane was appointed as Director on 02 Sep 2019. Varun Rajendra Rajamane was appointed as Managing Director on 02 Sep 2019.
Yes, Gremot Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).