Ola Electric Technologies Private Limited

Ola Electric Technologies Private Limited - automotive in Bangalore South, Karnataka, India. FY 2026 financials and compliance.
CIN U34300KA2021PTC142884 Incorporated 06 January 2021 ROC Bangalore HQ Bangalore South, Karnataka, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2025
₹4,719 Cr
▼ 8.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹6,135.88 Cr
Registered with MCA
Paid-up capital
₹5,956.43 Cr
Issued & subscribed
Open charges
₹1,811 Cr
Satisfied ₹295 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
3,779
Latest available

About Ola Electric Technologies Private Limited

Data last updated: 03 February 2026

Ola Electric Technologies Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of Ola Electric Mobility Limited. It specialises in electrical and bio fuel vehicles, a part of the broader automotive sector. Incorporated on 06 January 2021, the company has been in operation for over 5 years.

Registered with ROC Bangalore under CIN U34300KA2021PTC142884.

Capital: an authorised share capital of ₹6,135.88 Cr and a paid-up capital of ₹5,956.43 Cr. It is led by directors including Manoj Kumar Kohli and Rajiv Tharavanat.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore South, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹4,719 Cr, a decline of 8% compared to the previous year.

The company has a workforce of approximately 3,779 employees as per the latest available data. It operates as a subsidiary of Ola Electric Mobility Limited.

The company is associated with 1 brand - Ola Electric. As per MCA filings, the company has open charges of ₹1,811 Cr and satisfied charges of ₹295 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 olaelectric.com.

Company Details of Ola Electric Technologies Private Limited
CIN U34300KA2021PTC142884
Registration Number 142884
Incorporation Date 06 January 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ola Electric Mobility Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Ola Campus Wing C Prestige Rmz Startech, Hosur Road Municipal Ward No.67 Municipal No. 140 Industrial Layout, Bangalore South, Karnataka, India – 560095
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles
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Financials, compliance, directors, charges, ownership and filings for Ola Electric Technologies Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Ola Electric Technologies Private Limited

Ola Electric Technologies Private Limited operates one associated brand: Ola Electric. These brands represent Ola Electric Technologies Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Electric scooters and motorcycles are manufactured with related accessories. olaelectric.com

Competitors & Alternatives of Ola Electric Technologies Private Limited

Brands and companies operating in the same space as Ola Electric Technologies Private Limited include Ather Energy, BGauss, Hero Electric and 5 more.

Competitor Description Location Founded
Ather Energy Ather Energy Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories Bengaluru, India, India 2013
BGauss BGauss Retailer of electric scooters offering test rides, maintenance, and financing Mumbai, India, India 2020
Hero Electric Hero Electric Manufacturer offering electric scooters and mobility solutions Gurugram, India, India 2007
Gogoro Gogoro Electric scooters are developed and battery swapping networks are operated. Taipei, Taiwan, Taiwan 2011
Greaves Electric Mobility Greaves Electric Mobility Manufacturer of electric two and three-wheelers for personal and commercial use Bengaluru, India, India 2008
River River Electric scooters are designed and produced for urban mobility. Bengaluru, India, India 2020
Motovolt Motovolt Electric bicycles with advanced features are developed by Motovolt. Kolkata, India, India 2019
BNC Motors BNC Motors Electric two-wheelers with removable batteries and hub motors are manufactured. Coimbatore, India, India 2020

Business Activity of Ola Electric Technologies Private Limited

Ola Electric Technologies Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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
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Auditor Details of Ola Electric Technologies Private Limited

Ola Electric Technologies Private Limited is audited by B S R & Co. Llp for the financial year 2024. 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 Ola Electric Technologies Private Limited

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Board of Directors of Ola Electric Technologies Private Limited

Ola Electric Technologies Private Limited is currently managed by 6 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Manoj Kumar Kohli Director 07 Dec 2023 2 Years 8 Months Current
Rajiv Tharavanat Additional Director 04 Dec 2025 0 Years 8 Months Current
Bhavish Aggarwal Director 06 Jan 2021 5 Years 7 Months Current
Shradha Sharma Director 04 Jul 2025 1 Years 1 Months Current
Deepak Rastogi Additional Director 20 Jan 2026 0 Years 6 Months Current
Suresh Mutyala Whole-Time Director 20 Jan 2026 0 Years 6 Months Current

Financials of Ola Electric Technologies Private Limited FY 2025 filings available

Ola Electric Technologies Private Limited reported revenue of ₹4,719 Cr (down 8.00% YoY) for FY 2025.

Revenue · FY 2025
₹4,719 Cr ▼ 8.00%
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Ten-year financial statements for Ola Electric Technologies Private Limited

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Ownership and Shareholding of Ola Electric Technologies Private Limited

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Shareholding and ownership data for Ola Electric Technologies Private Limited

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Charges & Borrowings of Ola Electric Technologies Private Limited

Open charges
₹1,811 Cr
Satisfied charges
₹295 Cr
Breakdown by lending institutions
Others₹1,661.00 Cr
Axis Bank Limited₹150.00 Cr
Latest charge details
DateLenderAmountStatus
10 Jun 2025 Axis Bank Limited ₹150 Cr Open
02 May 2022 Others ₹911 Cr Open
08 Jul 2021 Others ₹750 Cr Open
28 Nov 2022 Yes Bank Limited ₹145 Cr Satisfied
13 Sep 2022 Axis Bank Limited ₹100 Cr Satisfied

Total charge records: 6 View all charges

Employees and EPFO Compliance at Ola Electric Technologies Private Limited

Ola Electric Technologies Private Limited has a workforce of 3,779 employees as of Feb 28, 2025.

Employee count
3,779
Active EPFO establishments
1
Employee growth
3.65%
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Employee and EPFO history for Ola Electric Technologies Private Limited

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GST Compliance of Ola Electric Technologies Private Limited

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GST registrations and filing compliance for Ola Electric Technologies Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Ola Electric Technologies Private Limited

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Credit ratings, litigation, and regulatory alerts for Ola Electric Technologies Private Limited

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MSME Payment Delays by Ola Electric Technologies Private Limited

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MSME payment history for Ola Electric Technologies Private Limited

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Subsidiaries & Group Companies of Ola Electric Technologies Private Limited

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Corporate group structure for Ola Electric Technologies Private Limited

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MCA Filings & Documents of Ola Electric Technologies Private Limited

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MCA filings and documents for Ola Electric Technologies Private Limited

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Recent Activity on Ola Electric Technologies Private Limited

Directors
29 Jan 2026
Chandni Peswani was appointed as a Company Secretary on 29 Jan 2026 & has been associated with this company since 6 months 19 days.
Directors
20 Jan 2026
Deepak Rastogi was appointed as a Additional Director on 20 Jan 2026 & has been associated with this company since 6 months 28 days.
Directors
20 Jan 2026
Suresh Mutyala was appointed as a Whole-Time Director on 20 Jan 2026 & has been associated with this company since 6 months 28 days.
Directors
04 Dec 2025
Rajiv Tharavanat was appointed as a Additional Director on 04 Dec 2025 & has been associated with this company since 8 months 13 days.
Directors
01 Oct 2025
Suresh Mutyala was appointed as a Cfo on 01 Oct 2025 & has been associated with this company since 10 months 16 days.
Activity
29 Sep 2025
Ola Electric Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.

Frequently Asked Questions about Ola Electric Technologies Private Limited

Ola Electric Technologies Private Limited is an active private limited company in the automotive sector based in Bangalore South, Karnataka, India. It was incorporated on 06 January 2021 (5+ years old) and is registered under CIN U34300KA2021PTC142884. The company has 3,779 employees.

Ola Electric Technologies Private Limited reported revenue of ₹4,719 Cr for FY 2025 (down 8.00% YoY).

The current directors of Ola Electric Technologies Private Limited are:

The primary industry of Ola Electric Technologies Private Limited is automotive. The company specifically operates in electrical and bio fuel vehicles. The company is currently active in this sector.

Ola Electric Technologies Private Limited can be reached at the registered office: Ola Campus Wing C Prestige Rmz Startech, Hosur Road Municipal Ward No.67 Municipal No. 140 Industrial Layout, Bangalore South, Karnataka, India – 560095, or through the website olaelectric.com.

The authorised capital is ₹6,135.88 Cr, and the paid-up capital is ₹5,956.43 Cr.

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

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