About Magenta Ev Solutions Private Limited
Data last updated: 06 January 2026
Magenta Ev Solutions Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It specialises in automobile dealership and trading, a part of the broader automotive sector. Incorporated on 15 February 2018, the company has been in operation for over 8 years.
Registered with ROC Mumbai under CIN U40107MH2018PTC305106.
Capital: an authorised share capital of ₹27.55 Lakh and a paid-up capital of ₹17.41 Lakh. It is led by directors including Kiran Chhotubhai Patel and Sophia Isabella Marie Nadur.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. D – 285 Midc Turbhe, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.07 Cr, a growth of 89% compared to the previous year.
The company has a workforce of approximately 406 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Magenta Mobility. As per MCA filings, the company has open charges of ₹62.38 Cr and satisfied charges of ₹3.31 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magentamobility.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressPlot No. D – 285 Midc Turbhe, Navi Mumbai, Maharashtra, India – 400705
-
IndustryAutomotive, Auto Dealership & Trading
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Magenta Ev Solutions Private Limited
Magenta Ev Solutions Private Limited operates one associated brand: Magenta Mobility. These brands represent Magenta Ev Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Electric mobility solutions are provided for logistics delivery operations. | magentamobility.com |
Competitors & Alternatives of Magenta Ev Solutions Private Limited
Brands and companies operating in the same space as Magenta Ev Solutions Private Limited include Bolt.Earth, ChargePoint, Charge Zone and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
EV charging hardware, software, and maintenance services are offered. | Bengaluru, India, India | 2017 |
|
|
Cloud-enabled EV charging stations are operated for diverse sectors. | Campbell, United States, United States | 2007 |
|
|
Electric vehicle charging stations and management software are provided. | Vadodara, India, India | 2018 |
|
|
SaaS and AI-enabled platform offering electric vehicle charging and management solutions | Los Angeles, United States, United States | 2020 |
|
|
Online platform offering electric vehicles and fleet management solutions | Hyderabad, India, India | 2018 |
|
|
End-to-end EV supply chain solutions are delivered via a platform. | Delhi, India, India | 2022 |
|
|
Electric vehicle charging solutions are offered via an integrated platform. | Hyderabad, India, India | 2017 |
|
|
Provides EV leasing, financing, and maintenance for commercial fleet electrification. | Gurugram, India, India | 2023 |
Business Activity of Magenta Ev Solutions Private Limited
Magenta Ev Solutions Private Limited is engaged in principal business activities including manufacturing and transport and storage, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, land transport via road. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| 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 | ********* |
| H | Transport and storage | H1 | Land Transport via Road | ********* |
Auditor Details of Magenta Ev Solutions Private Limited
Magenta Ev Solutions Private Limited is audited by S R B C & CO LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & CO LLP | blur-value | blur-value | blur-value |
Board of Directors of Magenta Ev Solutions Private Limited
Magenta Ev Solutions Private Limited is currently managed by 6 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Kiran Chhotubhai Patel
Also directs:
Anupam Rasayan India Limited, Axiom Energy Conversion Limited, Drs. Pallavi & Kiran Patel Academy Private Limited and 3 more
|
Nominee Director | 08 May 2021 | 5 Years 2 Months | Current |
| Sophia Isabella Marie Nadur | Nominee Director | 07 Apr 2023 | 3 Years 3 Months | Current |
| Shyamsundar Gurumoorthy Sundaresan | Nominee Director | 09 May 2023 | 3 Years 2 Months | Current |
|
Maxson Alexander Lewis
Also directs:
Betterme Ventures Private Limited, Skrapnest Recyclers Private Limited, Magenta Power Private Limited and 4 more
|
Managing Director | 15 Feb 2018 | 8 Years 4 Months | Current |
Financials of Magenta Ev Solutions Private Limited FY 2025 filings available
Magenta Ev Solutions Private Limited reported revenue of ₹83.07 Cr (up 89% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Magenta Ev Solutions Private Limited
As of FY 2023, Magenta Ev Solutions Private Limited's shareholding pattern shows 53.51% by promoters, 41.78% by public shareholders, 4.72% by others. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Magenta Ev Solutions Private Limited
Magenta Ev Solutions Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Magenta Ev Solutions Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Magenta Power Private Limited | U40300MH2017PTC296161 |
**.**%
|
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Magenta Ev Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2025 | Others | ₹15 Cr | Open |
| 23 Nov 2023 | Axis Bank Limited | ₹10 Cr | Open |
| 22 Sep 2023 | Sidbi | ₹15 Cr | Open |
| 22 Aug 2023 | Others | ₹37.14 Lakh | Open |
| 31 Jul 2023 | Others | ₹37.14 Lakh | Open |
Total charge records: 23 View all charges
Employees and EPFO Compliance at Magenta Ev Solutions Private Limited
Magenta Ev Solutions Private Limited has a workforce of 406 employees as of Mar 21, 2024.
Employee Count & EPFO Data of Magenta Ev Solutions Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Magenta Ev Solutions Private Limited
GSTIN & GST Filing Data of Magenta Ev Solutions Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Magenta Ev Solutions Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Magenta Ev Solutions Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Magenta Ev Solutions Private Limited
MSME Payment Delays by Magenta Ev Solutions Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Magenta Ev Solutions Private Limited
Subsidiaries & Group Companies of Magenta Ev Solutions Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Magenta Ev Solutions Private Limited with ownership details.
MCA Filings & Documents of Magenta Ev Solutions Private Limited
MCA Filings & Documents of Magenta Ev Solutions Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Magenta Ev Solutions Private Limited
Frequently Asked Questions about Magenta Ev Solutions Private Limited
Magenta Ev Solutions Private Limited is an active private limited company in the automotive sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 15 February 2018 (8+ years old) and is registered under CIN U40107MH2018PTC305106. The company has 406 employees.
Magenta Ev Solutions Private Limited reported revenue of ₹83.07 Cr for FY 2025 (up 89.00% YoY).
The current directors of Magenta Ev Solutions Private Limited are:
- Kiran Chhotubhai Patel
- Sophia Isabella Marie Nadur
- Shyamsundar Gurumoorthy Sundaresan
- Maxson Alexander Lewis
- Pranjul Gupta
- Sujit Cherian
The primary industry of Magenta Ev Solutions Private Limited is automotive. The company specifically operates in auto dealership and trading. The company is currently active in this sector.
Yes, Magenta Ev Solutions Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Magenta Ev Solutions Private Limited can be reached at the registered office: Plot No. D – 285 Midc Turbhe, Navi Mumbai, Maharashtra, India – 400705, or through the website magentamobility.com.