About Nexzu Mobility Limited
Data last updated:
Nexzu Mobility Limited is a public limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Nexzu Technologies Private Limited and recognised as a startup by DPIIT. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 20 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34200MH2015PLC270319. Its GSTIN is 27AANCA9389A2ZA (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Nexzu Mobility Private Limited and Avan Motors Private Limited. It is led by directors including Pankaj Tiwari and Jagdishprasad Ishwardas Khemka.
Its last annual general meeting (AGM) was held on 29 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 219 Vardhaman Chambers Sector 17 Plot No. 84 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.09 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹4.28 Cr and EBITDA of -₹3.88 Cr. Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 29% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nexzu Mobility.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nexzu.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. 219 Vardhaman Chambers Sector 17 Plot No. 84 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryAutomotive, Auto Parts & Components
- 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
Name History of Nexzu Mobility Limited
Nexzu Mobility has undergone 2 name changes throughout its history. The company was previously known as Nexzu Mobility Private Limited, and Avan Motors Private Limited. The current legal name is Nexzu Mobility Limited.
| Company Name | Status |
|---|---|
| Nexzu Mobility Limited | Current |
| Nexzu Mobility Private Limited | Previous |
| Avan Motors Private Limited | Previous |
CIN History of Nexzu Mobility Limited
Nexzu Mobility has one previous CIN (Corporate Identification Number): U34200MH2015PTC270319. The current CIN is U34200MH2015PLC270319, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34200MH2015PLC270319 | Current |
| U34200MH2015PTC270319 | Previous |
Associated Brands with Nexzu Mobility Limited
Nexzu Mobility operates one associated brand: Nexzu Mobility. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-category electric two-wheelers are manufactured for urban mobility. | nexzu.in |
Competitors & Alternatives of Nexzu Mobility Limited
Brands and companies operating in the same space as Nexzu Mobility Limited include Ather Energy, Ola Electric, Ultraviolette and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Ather Energy | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | Bengaluru, India | 2013 |
 Ola Electric | Electric scooters and motorcycles are manufactured with related accessories. | Bengaluru, India | 2017 |
 Ultraviolette | High-performance electric motorcycles for street and sports use are engineered. | Bengaluru, India | 2016 |
 BGauss | Retailer of electric scooters offering test rides, maintenance, and financing | Mumbai, India | 2020 |
 Oben Electric | Electric motorcycles and components are designed and manufactured. | Bengaluru, India | 2020 |
 Hero Electric | Manufacturer offering electric scooters and mobility solutions | Gurugram, India | 2007 |
 Tork Motors | Electric motorcycles with GPS trackers are manufactured by Tork Motors. | Pimpri Chinchwad, India | 2010 |
 Gogoro | Electric scooters are developed and battery swapping networks are operated. | Taipei, Taiwan | 2011 |
 River | Electric scooters are designed and produced for urban mobility. | Bengaluru, India | 2020 |
Business Activity of Nexzu Mobility Limited
The main business activity of Nexzu Mobility is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | 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.
Auditor Details of Nexzu Mobility Limited
Nexzu Mobility Limited is audited by G. D. Apte & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G. D. Apte & 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 Nexzu Mobility Limited
Nexzu Mobility has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Tiwari | Director | 30 Jul 2020 | 6 Years 2 Months | Current |
| Jagdishprasad Ishwardas Khemka Also directs: Ispat Corp Limited, Decorum Villa Private Limited, Ifcm Human Assets Management Private Limited and 1 more | Director | 20 Jul 2018 | 8 Years 2 Months | Current |
| Shweta Umesh Roge Also directs: Ispat Corp Limited, Sparkride Mobility Limited, Wani Minerals Private Limited and 5 more | Director | 01 Mar 2023 | 3 Years 7 Months | Current |
| Surendra Garg Also directs: Decorum Villa Private Limited, Sparkride Mobility Limited, Infotech 2000 India Limited and 5 more | Director | 19 Jul 2016 | 10 Years 2 Months | Current |
Financials of Nexzu Mobility Limited FY 2025 filings available
Nexzu Mobility Limited reported revenue of ₹59.09 Lakh (down 18.00% YoY) for FY 2024.
Growth of Nexzu Mobility Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▼ 18% | ▼ 29% | ▼ 29% |
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 18% fall 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 Nexzu Mobility Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹3.88 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.28 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 of Nexzu Mobility Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Nexzu Mobility are in the company report.
Financial statements from FY 2016
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.
Ownership and Shareholding of Nexzu Mobility 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 Nexzu Mobility Limited
Nexzu Mobility Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nexzu Mobility Limited
Nexzu Mobility Limited has a workforce of 49 employees as of Sep 24, 2025.
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.
GST Compliance of Nexzu Mobility Limited
Nexzu Mobility has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA9389A2ZA | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Nexzu Mobility 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 Nexzu Mobility 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 Nexzu Mobility 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.
MCA Filings & Documents of Nexzu Mobility 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.
Recent Activity on Nexzu Mobility Limited
Recent News on Nexzu Mobility Limited
Frequently Asked Questions about Nexzu Mobility Limited
Nexzu Mobility is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 20 November 2015 (11+ years old) and is registered under CIN U34200MH2015PLC270319.
Nexzu Mobility reported revenue of ₹59.09 Lakh for FY 2024 (down 18.00% YoY).
Nexzu Mobility has 4 current directors:
- Pankaj Tiwari - Director
- Jagdishprasad Ishwardas Khemka - Director
- Shweta Umesh Roge - Director
- Surendra Garg - Director
Nexzu Mobility reported a net loss of ₹4.28 Cr and EBITDA of -₹3.88 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nexzu Mobility is -29% over three years and -29% over five years. In the latest year (FY 2024) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nexzu Mobility is 27AANCA9389A2ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nexzu Mobility is U34200MH2015PLC270319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexzu Mobility was incorporated on 20 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Nexzu Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).