Ola Electric Technologies Private Limited - Company Profile

It is a automotive private limited company based in Bangalore South, Karnataka, India, established in 2021.

2021 Bangalore South, Karnataka, India Active

Last Updated: February 03, 2026

About Ola Electric Technologies Private Limited

Ola Electric Technologies Private Limited, a active private limited company, was established on 06 January 2021 in Bangalore South, Karnataka, India. Engaging in electrical and bio fuel vehicles within the manufacturing sector, it holds CIN: U34300KA2021PTC142884. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹6,135.88 Cr and a paid-up capital of ₹5,956.43 Cr.

It upholds a compliant status. Employing 3,779 professional, Its leadership includes Manoj Kumar Kohli (Director), Rajiv Tharavanat (Additional Director), Bhavish Aggarwal (Director). Past directors included Manoj Kumar Kohli, Kishan Bharadwaj, Nikhil Gupta. It holds ₹1,811.00 Cr open charges and ₹295.00 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Ola Campus, Wing C, Prestige Rmz Startech,, Hosur Road, Municipal Ward No.67, Municipal No. 140, Industrial Layout, Bangalore South, Karnataka, 560095.

Company Details

CIN/LLPIN
U34300KA2021PTC142884
Registration Number
142884
Incorporation Date
06 January 2021
Authorized Capital
₹6,135.88 Cr
Paid-Up Capital
₹5,956.43 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 6,135.88 Cr as on 03-02-2026
Paid Up Capital ₹ 5,956.43 Cr as on 03-02-2026
Company Age 5 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,811.00 Cr as on 03-02-2026
Satisfied Charges ₹ 295.00 Cr as on 03-02-2026
Revenue Growth **** 96.11% (FY 2024)
Profit Growth **** -6.18% (FY 2024)
Ebitda **** -5.42% (FY 2024)
Net Worth -153.17% (FY 2024)
Total Assets **** 40.00% (FY 2024)

Comprehensive Company Insights

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

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Who are the key members and board of directors at Ola Electric Technologies Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Manoj Kumar Kohli	Director	07 Dec 2023	Current
Rajiv Tharavanat	Additional Director	04 Dec 2025	Current
Bhavish Aggarwal	Director	06 Jan 2021	Current
Shradha Sharma	Director	04 Jul 2025	Current
Deepak Rastogi	Additional Director	20 Jan 2026	Current
Suresh Mutyala	Whole-Time Director	20 Jan 2026	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	07 Dec 2023	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	13 Nov 2023	Past
Pramod Abcsdd	Cfo	30 Apr 2025	Past
Pramod Abcsdd	Additional Director	30 Nov 2022	Past
Pramod Abcsdd	Additional Director	29 Sep 2024	Past

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Financial Performance of Ola Electric Technologies.

Ola Electric Technologies Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 96.11% increase. The company also saw a slight decrease in profitability, with a 6.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 153.17%.

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

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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

********

96.11%

*******

Revenue from Operations

*******

93.32%

*******

Total Assets

*******

40.00%

*******

Profit or Loss

*******

-6.18%

*******

Net Worth

*******

-153.17%

*******

EBITDA

*******

-5.42%

*******

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What is the Ownership and Shareholding Structure of Ola Electric Technologies?

In 2024, Ola Electric Technologies had a promoter holding of 100.00%. 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

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Charges (Loans)

Open Charges

₹18,110,000,000.00

Satisfied Charges

₹2,950,000,000.00

Charges Breakdown by Lending Institutions

Others : 1661.00 Cr
Axis Bank Limited : 150.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Jun 2025	Axis Bank Limited	₹150.00 Cr	Open
02 May 2022	Others	₹911.00 Cr	Open
08 Jul 2021	Others	₹750.00 Cr	Open
28 Nov 2022	Yes Bank Limited	₹145.00 Cr	Satisfied
13 Sep 2022	Axis Bank Limited	₹100.00 Cr	Satisfied

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How Many Employees Work at Ola Electric Technologies?

Ola Electric Technologies has a workforce of 3779 employees as of Feb 28, 2025. 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ola Electric Technologies, 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 Ola Electric Technologies'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.

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Latest Updates, News, and FAQs on Ola Electric Technologies

Recent Activity within the Organization

Director Appointment

Progress on Chandni Peswani was appointed as a Company Secretary was appointed as a Company Secretary on 29 Jan 2026 & has been associated with this company since 1 month 19 days . was documented.
29 Jan 2026
Director Appointment

The activity Deepak Rastogi was appointed as a Additional Director was appointed as a Additional Director on 20 Jan 2026 & has been associated with this company since 2 months . was completed.
20 Jan 2026
Director Appointment

Progress on Suresh Mutyala was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Jan 2026 & has been associated with this company since 2 months . was documented.
20 Jan 2026
Director Appointment

Rajiv Tharavanat was appointed as a Additional Director was appointed as a Additional Director on 04 Dec 2025 & has been associated with this company since 3 months 16 days . was recorded as a recent event.
04 Dec 2025
Director Appointment

Suresh Mutyala was appointed as a Cfo was appointed as a Cfo on 01 Oct 2025 & has been associated with this company since 5 months 19 days . was recorded as a recent event.
01 Oct 2025
Annual General Meeting

Progress on Ola Electric Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.
29 Sep 2025

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