About Parama E Mobility Private Limited
Data last updated:
Parama E Mobility Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 04 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74993KA2018PTC114506. Its GSTIN is 29AAJCP9651N1ZG (Karnataka).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.23 Cr. It is led by directors Venkata Sivarama Joka and Butta Manikanta.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.26/1 Shop No.1 2nd Cross Medahalli, Bangalore, Karnataka, India – 560049.
As per the financials filed for FY 2022, the company reported a revenue of ₹62.1 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.12 Cr (net margin -179.9%) and EBITDA of -₹1.07 Cr (EBITDA margin -171.8%).
The company is associated with 1 brand: Parama E Mobility.
For more details, the company can be reached via its website paramaemobility.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.26/1 Shop No.1 2nd Cross Medahalli, Bangalore, Karnataka, India – 560049
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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
Business Activity of Parama E Mobility Private Limited
The main business activity of Parama E 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.
Financials of Parama E Mobility Private Limited FY 2022 filings available
Parama E Mobility Private Limited reported revenue of ₹62.1 Lakh (up 398% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Parama E Mobility Private Limited
Revenue rose 398% in the latest year. EBITDA fell 491% 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 Parama E Mobility Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| 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 | -₹1.07 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.12 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 Parama E Mobility Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -171.8% | •••• | •••• | •••• |
| Net Profit Margin | -179.9% | •••• | •••• | •••• |
| 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 Parama E Mobility are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Parama E Mobility Private Limited
Parama E Mobility Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Twin Green Tech Private Limited | ₹65.42 Lakh (FY 2025) | •••• | •••• | 46629.0% | •••• | Khed, Maharashtra, India |
| Orxa Energies Private Limited | ₹65.35 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | Bangalore South, Karnataka, India |
| Reveal Electric Private Limited | ₹64.12 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Innovmon Technologies Private Limited | ₹63.71 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | Bangalore, Karnataka, India |
| HBSS E-Mobility Private Limited | ₹63.2 Lakh (FY 2024) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Parama E Mobility Private Limited this company | ₹62.1 Lakh (FY 2022) | •••• | •••• | 398.0% | •••• | Bangalore, Karnataka, India |
| D D Auto Private Limited | ₹61.83 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Hsag Electric Vehicles Private Limited | ₹61.83 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Vasai, Maharashtra, India |
| Emobi Manufactury Private Limited | ₹61.8 Lakh (FY 2024) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Turiya EV Charge Partners Private Limited | ₹61.77 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Chennai, Tamil Nadu, India |
| Bohre Electric Anergy & Safety Technology Private Limited | ₹61.68 Lakh (FY 2025) | •••• | •••• | 2293.0% | •••• | Bhopal, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Parama E Mobility by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Parama E Mobility Private Limited
Parama E Mobility Private Limited is audited by R A K C H A M P S & CO LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R A K C H A M P S & CO LLP | 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 Parama E Mobility Private Limited
Parama E Mobility has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Sivarama Joka | Director | 08 Aug 2019 | 7 Years 2 Months | Current |
| Butta Manikanta | Director | 22 Nov 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Parama E Mobility Private 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 Parama E Mobility Private Limited
Parama E Mobility Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Parama E Mobility Private Limited
Parama E Mobility operates one associated brand: PARAMA E MOBILITY. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes as a brand offering high-quality electric bicycles. | paramaemobility.com |
Employees and EPFO Compliance at Parama E Mobility Private Limited
Employment history and EPFO contributions of people linked to Parama E Mobility.
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.
Recent Activity on Parama E Mobility Private Limited
Parama E Mobility Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Butta Manikanta was appointed as Director on 22 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Parama E Mobility Private 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 Parama E Mobility Private 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 Parama E Mobility Private 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.
GST Compliance of Parama E Mobility Private Limited
Parama E Mobility has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP9651N1ZG | Karnataka | Active | 12 Nov 2018 |
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.
MCA Filings & Documents of Parama E Mobility Private 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.
Frequently Asked Questions about Parama E Mobility Private Limited
Parama E Mobility is an active private limited company based in Bangalore, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 04 July 2018 (8+ years old) and is registered under CIN U74993KA2018PTC114506.
Parama E Mobility reported revenue of ₹62.1 Lakh for FY 2022 (up 398% YoY).
Parama E Mobility has 2 current directors:
- Venkata Sivarama Joka - Director
- Butta Manikanta - Director
Parama E Mobility reported a net loss of ₹1.12 Cr (net margin -179.9%) and EBITDA of -₹1.07 Cr (EBITDA margin -171.8%) for FY 2022, as per its filed financial statements.
The GSTIN of Parama E Mobility is 29AAJCP9651N1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Parama E Mobility is U74993KA2018PTC114506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parama E Mobility was incorporated on 04 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Parama E Mobility by revenue are Twin Green Tech Private Limited, Orxa Energies Private Limited, Reveal Electric Private Limited, Innovmon Technologies Private Limited, HBSS E-Mobility Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Butta Manikanta was appointed as Director on 22 Nov 2021. Singanamala Venkatesulu Venkatesulu ceased to be Director on 22 Nov 2021. Mallikarjuna Yalangi ceased to be Director on 21 Nov 2021. Parama E Mobility has 5 board changes on record in total.
Yes, Parama E Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Parama E Mobility can be reached through the website paramaemobility.com. Its registered office is in Bangalore, Karnataka, India.