Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U34101MH1996PLC325507 Incorporated 02 April 1996 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company automotive
Data last updated
Revenue · FY 2022
₹447.24 Cr
▲ 110.28% YoY
EBITDA · FY 2022
Locked
In full report
Net profit · FY 2022
Locked
In full report
Authorised capital
₹1,000 Cr
Registered with MCA
Paid-up capital
₹726.17 Cr
Issued & subscribed
Open charges
None
Satisfied ₹64.85 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
420
Latest available

About Mahindra Electric Mobility Limited

Data last updated: 26 July 2025

Mahindra Electric Mobility Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mahindra And Mahindra Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in electrical and bio fuel vehicles, a part of the broader automotive sector. Incorporated on 02 April 1996.

Registered with ROC Mumbai under CIN U34101MH1996PLC325507.

Capital: an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹726.17 Cr. Formerly known as Mahindra Reva Electric Vehicles Private Limited and Mahindra Electric Vehicles Limited. It was led by directors including Rajesh Ganesh Jejurikar and Amit Kumar Sinha.

Last AGM: 22 July 2022. Financial statements filed for year ended 31 March 2022. Office: Mahindra Towers Dr G.M.Bhosale Marg P.K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018.

As per the financials filed for FY 2022, the company reported a revenue of ₹447.24 Cr, a growth of 110.28% compared to the previous year.

The company had a reported workforce of approximately 420 employees prior to being dissolved. It operated as a subsidiary of Mahindra And Mahindra Limited.

The company was associated with 3 brands - Mahindra, Mahindra Last Mile Mobility, Mahindra Electric. As per MCA filings, the company had satisfied charges of ₹64.85 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is mahindraelectric.com.

Company Details of Mahindra Electric Mobility Limited
CIN U34101MH1996PLC325507
Registration Number 325507
Incorporation Date 02 April 1996
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 22 July 2022
Date of Balance Sheet 31 March 2022
Parent Company Mahindra And Mahindra Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Mahindra Towers Dr G.M.Bhosale Marg P.K. Kurne Chowk Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles
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Financials, compliance, directors, charges, ownership and filings for Mahindra Electric Mobility Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited has undergone 5 name changes throughout its history. The current legal name is Mahindra Electric Mobility Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Mahindra Electric Mobility Limited Current
Mahindra Reva Electric Vehicles Private Limited Previous
Mahindra Electric Vehicles Limited Previous
Maini Amerigon Car Company Private Limited Previous
Reva Electric Car Company Private Limited Previous
Mahindra Reva Electric Vehicles Limited Previous

CIN History of Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U34101MH1996PLC325507, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U34101MH1996PLC325507 Current
U34101KA1996PLC020195 Previous
U34101KA1996PTC020195 Previous

Associated Brands with Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited operates multiple associated brands including Mahindra, Mahindra Last Mile Mobility, and Mahindra Electric. These brands represent Mahindra Electric Mobility Limited's diversified market presence and brand portfolio.

Brand Description Website
Diversified operations span automotive, agriculture, and financial services. mahindra.com
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles mahindralastmilemobility.com
Electric three-wheelers are manufactured for urban logistics and last-mile delivery. mahindraelectric.com

Competitors & Alternatives of Mahindra Electric Mobility Limited

Brands and companies operating in the same space as Mahindra Electric Mobility Limited include Tata Motors, Ford, Eicher Motors and 6 more.

Competitor Description Location Founded
Tata Motors Tata Motors Cars, trucks, buses, and electric vehicles are manufactured. Mumbai, India, India 1868
Ford Ford Automobiles and commercial vehicles are manufactured by Ford. United States 1903
Eicher Motors Eicher Motors Commercial vehicles and two-wheelers are manufactured by Eicher Motors. Gurugram, India, India 1948
Infraprime Logistics Technologies Infraprime Logistics Technologies Electric heavy-duty trucks are developed for logistics and construction sectors. Gurugram, India, India 2017
Greaves Electric Mobility Greaves Electric Mobility Manufacturer of electric two and three-wheelers for personal and commercial use Bengaluru, India, India 2008
Motovolt Motovolt Electric bicycles with advanced features are developed by Motovolt. Kolkata, India, India 2019
Bajaj Auto Bajaj Auto Bikes, mopeds, and three-wheelers are manufactured as core products. Pune, India, India 1945
Force Motors Force Motors Automotive components are designed and manufactured in Pune, India. Pune, India, India 1958
Lords Automative Lords Automative Manufacturer of electric scooters Mumbai, India, India 2020

Business Activity of Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
Locked Manufacturing Locked Motor vehicles, trailers, semi trailers and other Transport Vehicles Locked
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Auditor Details of Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited is audited by B S R & Co. LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
B S R & Co. LLP Locked Locked Locked
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Complete auditor history for Mahindra Electric Mobility Limited

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Board of Directors of Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited is currently managed by 7 directors, with 37 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Rajesh Ganesh Jejurikar Director 21 Jan 2021 5 Years 6 Months As last reported
Amit Kumar Sinha Director 23 Aug 2021 4 Years 10 Months As last reported
Ravindra Dhariwal Director 19 Apr 2017 9 Years 3 Months As last reported
Suman Laxmidhar Mishra Whole-Time Director 13 Jul 2021 5 Years 0 Months As last reported
Nikhilesh Natwarlal Panchal Director 26 Apr 2022 4 Years 2 Months As last reported
Ruzbeh Baman Irani Director 22 Jan 2018 8 Years 5 Months As last reported
Showing 6 of 7 current directors. View all directors

Financials of Mahindra Electric Mobility Limited FY 2022 filings available

Mahindra Electric Mobility Limited reported revenue of ₹447.24 Cr (up 110.28% YoY) for FY 2022.

Revenue · FY 2022
₹447.24 Cr ▲ 110.28%
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Ten-year financial statements for Mahindra Electric Mobility Limited

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Ownership and Shareholding of Mahindra Electric Mobility Limited

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Charges & Borrowings of Mahindra Electric Mobility Limited

Open charges
₹0
Satisfied charges
₹64.85 Cr
Breakdown by lending institutions
Export-Import Bank of India₹50.00 Cr
Icici Limited₹7.50 Cr
Technology Development Board₹4.65 Cr
Icici Bank Limited₹1.50 Cr
Karnataka State Financial Coporation₹1.20 Cr
Latest charge details
DateLenderAmountStatus
23 Dec 2010 Export-Import Bank of India ₹50 Cr Satisfied
03 Aug 2004 Icici Bank Limited ₹1.5 Cr Satisfied
05 Aug 2002 Karnataka State Financial Coporation ₹1.2 Cr Satisfied
30 Dec 2000 Technology Development Board ₹4.65 Cr Satisfied
13 Mar 2000 Icici Limited ₹7.5 Cr Satisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited has a workforce of 420 employees as of Apr 06, 2024.

Employee count
420
Active EPFO establishments
2
Employee growth
-27.96%
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Employee and EPFO history for Mahindra Electric Mobility Limited

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GST Compliance of Mahindra Electric Mobility Limited

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GST registrations and filing compliance for Mahindra Electric Mobility Limited

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Credit Ratings, Litigation & Regulatory Alerts for Mahindra Electric Mobility Limited

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Credit ratings, litigation, and regulatory alerts for Mahindra Electric Mobility Limited

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MSME Payment Delays by Mahindra Electric Mobility Limited

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MSME payment history for Mahindra Electric Mobility Limited

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Subsidiaries & Group Companies of Mahindra Electric Mobility Limited

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Corporate group structure for Mahindra Electric Mobility Limited

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MCA Filings & Documents of Mahindra Electric Mobility Limited

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MCA filings and documents for Mahindra Electric Mobility Limited

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Recent Activity on Mahindra Electric Mobility Limited

Activity
22 Jul 2022
Mahindra Electric Mobility Limited last Annual general meeting of members was held on 22 Jul 2022 as per latest MCA records.
Directors
26 Apr 2022
Nikhilesh Natwarlal Panchal was appointed as a Director on 26 Apr 2022 & has been associated with this company since 4 years 2 months.
Activity
31 Mar 2022
Mahindra Electric Mobility Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Directors
23 Aug 2021
Amit Kumar Sinha was appointed as a Director on 23 Aug 2021 & has been associated with this company since 4 years 10 months.
Directors
23 Aug 2021
Suman Laxmidhar Mishra was appointed as a CEO on 23 Aug 2021 & has been associated with this company since 4 years 10 months.
Directors
13 Jul 2021
Suman Laxmidhar Mishra was appointed as a Whole-time director on 13 Jul 2021 & has been associated with this company since 5 years 8 days.

Frequently Asked Questions about Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Mahindra Electric Mobility Limited is a amalgamated public limited company in the automotive sector based in Mumbai, Maharashtra, India. It was incorporated on 02 April 1996 and is registered under CIN U34101MH1996PLC325507. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Mahindra Electric Mobility Limited was incorporated on 02 April 1996. Registered with ROC Mumbai.

The current directors of Mahindra Electric Mobility Limited are:

The CIN (Corporate Identification Number) of Mahindra Electric Mobility Limited is U34101MH1996PLC325507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Mahindra Electric Mobility Limited is automotive. The company specifically operates in electrical and bio fuel vehicles.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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