Mahindra Electric Mobility Limited - Company Profile

It is a automotive public limited company based in Mumbai, Maharashtra, India, established in 1996.

1996 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 26, 2025

About Mahindra Electric Mobility Limited

Mahindra Electric Mobility Limited, a amalgamated public limited company, was established on 02 April 1996 in Mumbai, Maharashtra, India. Engaging in electrical and bio fuel vehicles within the manufacturing sector, it holds CIN: U34101MH1996PLC325507. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹726.17 Cr.

Formerly known as Mahindra Reva Electric Vehicles Private Limited, Mahindra Electric Vehicles Limited. It upholds a compliant status. Employing 420 professional, Its leadership includes Rajesh Ganesh Jejurikar (Director), Amit Kumar Sinha (Director), Ravindra Dhariwal (Director). Past directors included Maini Sudarshan Kumar, Rajesh Ganesh Jejurikar, Rajagopal Sethuraman. It holds no open charges and ₹64.85 Cr settled loans. Its latest AGM occurred on 22 July 2022, with the balance sheet filed on 31 March 2022. It is based at Mahindra Towers, Dr G.M.Bhosale Marg P.K. Kurne Chowk, Worli,, Mumbai, Maharashtra, 400018.

Company Details

CIN/LLPIN
U34101MH1996PLC325507
Registration Number
325507
Incorporation Date
02 April 1996
Authorized Capital
₹1,000.00 Cr
Paid-Up Capital
₹726.17 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 1,000.00 Cr as on 26-07-2025
Paid Up Capital ₹ 726.17 Cr as on 26-07-2025
Company Age 29 Year, 10 Months
Last Filing with ROC 31 Mar 2022
Satisfied Charges ₹ 64.85 Cr as on 26-07-2025
Revenue Growth **** 110.28% (FY 2022)
Profit Growth **** 34.17% (FY 2022)
Ebitda **** 85.74% (FY 2022)
Net Worth -26.33% (FY 2022)
Total Assets **** 25.56% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Mahindra Electric Mobility Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Mahindra Electric Mobility Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajesh Ganesh Jejurikar	Director	21 Jan 2021	Current
Amit Kumar Sinha	Director	23 Aug 2021	Current
Ravindra Dhariwal	Director	19 Apr 2017	Current
Suman Laxmidhar Mishra	Whole-Time Director	13 Jul 2021	Current
Nikhilesh Natwarlal Panchal	Director	26 Apr 2022	Current
Ruzbeh Baman Irani	Director	22 Jan 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	07 Jun 2008	Past
Pramod Abcsdd	Additional Director	17 Sep 2010	Past
Pramod Abcsdd	Director	-	Past
Pramod Abcsdd	Director	01 Apr 2021	Past
Pramod Abcsdd	Additional Director	17 Sep 2010	Past
Pramod Abcsdd	Additional Director	29 Sep 2008	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Mahindra Electric Mobility.

Mahindra Electric Mobility Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 110.28% increase. The company also saw a substantial improvement in profitability, with a 34.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 26.33%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

110.28%

*******

Revenue from Operations

*******

117.15%

*******

Total Assets

*******

25.56%

*******

Profit or Loss

*******

34.17%

*******

Net Worth

*******

-26.33%

*******

EBITDA

*******

85.74%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Mahindra Electric Mobility?

In 2022, Mahindra Electric Mobility had a promoter holding of 98.98% and a public holding of 1.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹648,500,000.00

Charges 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

Date	Lender	Amount	Status
23 Dec 2010	Export-Import Bank Of India	₹50.00 Cr	Satisfied
03 Aug 2004	Icici Bank Limited	₹1.50 Cr	Satisfied
05 Aug 2002	Karnataka State Financial Coporation	₹1.20 Cr	Satisfied
30 Dec 2000	Technology Development Board	₹4.65 Cr	Satisfied
13 Mar 2000	Icici Limited	₹7.50 Cr	Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Mahindra Electric Mobility?

Mahindra Electric Mobility has a workforce of 420 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Mahindra Electric Mobility, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahindra Electric Mobility's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Mahindra Electric Mobility

Recent Activity within the Organization

Annual General Meeting

Progress on Mahindra Electric Mobility Limited last Annual general meeting of members was held on 22 Jul 2022 as per latest MCA records. was documented.
22 Jul 2022
Director Appointment

Progress on Nikhilesh Natwarlal Panchal was appointed as a Director was appointed as a Director on 26 Apr 2022 & has been associated with this company since 3 years 9 months . was documented.
26 Apr 2022
Balance Sheet

Mahindra Electric Mobility Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was recorded as a recent event.
31 Mar 2022
Director Appointment

The activity Amit Kumar Sinha was appointed as a Director was appointed as a Director on 23 Aug 2021 & has been associated with this company since 4 years 5 months . was completed.
23 Aug 2021
Director Appointment

Suman Laxmidhar Mishra was appointed as a CEO was appointed as a CEO on 23 Aug 2021 & has been associated with this company since 4 years 5 months . was recorded as a recent event.
23 Aug 2021
Director Appointment

Progress on Suman Laxmidhar Mishra was appointed as a Whole-time director was appointed as a Whole-time director on 13 Jul 2021 & has been associated with this company since 4 years 7 months . was documented.
13 Jul 2021

Explore recent activity and updates - View Recent Activity