About Pinnacle Mobility Solutions Private Limited
Data last updated:
Pinnacle Mobility Solutions Private Limited is a private limited company based in Pune, Maharashtra, 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 02 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34100PN2019PTC196186. Its GSTIN is 27AAFCI3261B1ZY (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹118.51 Cr and a paid-up capital of ₹107.7 Cr. It was formerly known as Ion Mobility Private Limited. It is led by directors including Sunanda Sudhir Mehta and Muthuswami Lakshminarayan.
Its last annual general meeting (AGM) was held on 13 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹242.22 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹72.87 Cr (net margin -30.1%) and EBITDA of -₹24.96 Cr (EBITDA margin -10.3%). Revenue has grown at a compounded annual rate (CAGR) of 199% over three years.
The company has about 366 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Pinnacle Industries and EKA Mobility. As per MCA filings, the company has open charges of ₹1,172.11 Cr and satisfied charges of ₹65.3 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 12 deals on record (7 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹1,567.75 Cr; the latest was in October 2025. Its 10 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles) are compared by revenue, 5 larger and 5 smaller; the largest is Wardwizard Innovations & Mobility Limited with revenue of ₹305.35 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ekamobility.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No.G 101 Sai Radhe Complex Behind Hotel Sheraton Grand Kennedy Road Sanga, Mwadi, Pune, Maharashtra, India – 411001
- 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 Pinnacle Mobility Solutions Private Limited
The main business activity of Pinnacle Mobility Solutions 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 Pinnacle Mobility Solutions Private Limited FY 2025 filings available
Pinnacle Mobility Solutions Private Limited reported revenue of ₹242.22 Cr (up 335% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pinnacle Mobility Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 199% over three years, including 335% growth in the latest year. EBITDA rose 12% 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 Pinnacle Mobility Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹24.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹72.87 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 Pinnacle Mobility Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -30.1% | •••• | •••• | •••• | •••• |
| 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 Pinnacle Mobility Solutions are in the company report.
Financial statements from FY 2020
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 Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions 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 |
|---|---|---|---|---|---|---|
| Wardwizard Innovations & Mobility Limited Listed | ₹305.35 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Aahana Commerce Private Limited | ₹284.32 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Dana Tm4 India Private Limited | ₹278.64 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Pune, Maharashtra, India |
| Electrodrive Powertrain Solutions Private Limited | ₹258.04 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Palladam, Tamil Nadu, India |
| Mahindra Electric Mobility Limited | ₹251.3 Cr (FY 2019) | •••• | •••• | 94.0% | •••• | Mumbai, Maharashtra, India |
| Pinnacle Mobility Solutions Private Limited this company | ₹242.22 Cr (FY 2025) | •••• | •••• | 335.0% | •••• | Pune, Maharashtra, India |
| Bgauss Auto Private Limited | ₹238.88 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| Alphavector (India)Private Limited | ₹236.06 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| Kinetic Green Energy and Power Solutions Limited | ₹220.32 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Pune, Maharashtra, India |
| Daulat Ram Engineering Services Limited | ₹209.71 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mandideep, Madhya Pradesh, India |
| Euler Motors Private Limited | ₹206 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Pinnacle Mobility Solutions 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 Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions Private Limited is audited by M/s Kirtane & Pandit LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s Kirtane & Pandit 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 and KMP of Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions Private Limited currently reports 8 directors and 2 key managerial personnel. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunanda Sudhir Mehta Also directs: Pinnacle Auto Solutions Limited, Pinnacle Industries Limited, Instor (India) Private Limited and 5 more | Director | 15 Dec 2022 | 3 Years 9 Months | Current |
| Muthuswami Lakshminarayan Also directs: Metalyst Forgings Limited, Sansera Engineering Limited, Asm Technologies Limited and 5 more | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Roelof Jan Michael Ferdinand Zweep Also directs: VDL Pinnacle Engineering India Private Limited | Nominee Director | 22 Dec 2023 | 2 Years 9 Months | Current |
| Hirdesh Singh Thakur | Director | 02 Jun 2020 | 6 Years 4 Months | Current |
| Rashmi Hemant Urdhwareshe Also directs: Bimetal Bearings Limited, Sterling Tools Limited, ZF Commercial Vehicle Control Systems India Limited and 5 more | Director | 10 Jan 2022 | 4 Years 8 Months | Current |
| Hiroshi Takeuchi | Nominee Director | 01 Mar 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of Pinnacle Mobility Solutions 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 Pinnacle Mobility Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2025 | Sbicap Trustee Company Limited | ₹848.95 Cr | Open |
| 06 Sep 2024 | Others | ₹323 Cr | Open |
| 19 Aug 2023 | Hdfc Bank Limited | ₹16 Lakh | Open |
| 01 Oct 2024 | Others | ₹5.1 Cr | Satisfied |
| 03 Jun 2024 | Others | ₹13 Cr | Satisfied |
Total charge records: 13 View all charges
Deals & Funding of Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions Private Limited has 12 deals on record (7 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹1,567.75 Cr; the latest was in October 2025.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Funding round | ₹500 Cr | Investors: National Investment and Infrastructure Fund |
| Apr 2025 | Funding round | ₹200 Cr | Investors: Volrado Venture Partners, an individual |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: VDL Pinnacle Engineering India Private Limited Seller: an individual |
| Dec 2021 | Rights issue | ₹4 Lakh | Investors: VDL Pinnacle Engineering India Private Limited , 3 individuals |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: VDL Pinnacle Engineering India Private Limited , 3 individuals Seller: 2 individuals |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed against the company by JBM Auto Limited | Disposed |
| District court, Pune, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions operates two associated brands: Pinnacle Industries and EKA Mobility. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automobile seating and interiors systems are manufactured and designed. | pinnacleindustries.com | |
| Electric commercial vehicles are manufactured for sustainable transportation solutions. | ekamobility.com |
Employees and EPFO Compliance at Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions Private Limited has a workforce of 366 employees as of Apr 14, 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.
Group Structure of Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Transvolt Mira Bhaindar Private Limited | U49219MH2023PTC403003 | Locked |
| Transvolt Ulhasnagar Private Limited | U49219MH2023PTC403004 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U34100PN2019PTC196186, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34100PN2019PTC196186 | Current |
| U35900PN2019PTC196186 | Previous |
| U35900MH2019PTC327464 | Previous |
News related to Pinnacle Mobility Solutions Private Limited
Recent Activity on Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions Private Limited has 24 board changes on record since 2020: 10 appointments and 14 cessations. The latest: Gordon Gerald Dsouza ceased to be Additional Director on 16 Dec 2025.
43 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pinnacle Mobility Solutions 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 Pinnacle Mobility Solutions 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 Pinnacle Mobility Solutions 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 Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI3261B1ZY | Maharashtra | Active | 23 Aug 2019 |
| 23AAFCI3261B1Z6 | Madhya Pradesh | Active | 04 Apr 2022 |
| 27AAFCI3261B2ZX | Maharashtra | Active | 10 Apr 2025 |
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 Pinnacle Mobility Solutions 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 Pinnacle Mobility Solutions Private Limited
Pinnacle Mobility Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 02 July 2019 (7+ years old) and is registered under CIN U34100PN2019PTC196186.
Pinnacle Mobility Solutions reported revenue of ₹242.22 Cr for FY 2025 (up 335% YoY).
Pinnacle Mobility Solutions has 10 current directors and KMP:
- Sunanda Sudhir Mehta - Director
- Muthuswami Lakshminarayan - Director
- Roelof Jan Michael Ferdinand Zweep - Nominee Director
- Hirdesh Singh Thakur - Director
- Rashmi Hemant Urdhwareshe - Director
- Hiroshi Takeuchi - Nominee Director
- Sanjay Kumar Bohra - Director
- Gordon Gerald Dsouza - Nominee Director
- Sudhir Mehta - Ceo
- Sanjay Harkawat - Cfo
Pinnacle Mobility Solutions reported a net loss of ₹72.87 Cr (net margin -30.1%) and EBITDA of -₹24.96 Cr (EBITDA margin -10.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pinnacle Mobility Solutions is 199% over three years. In the latest year (FY 2025) revenue rose 335%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pinnacle Mobility Solutions is 27AAFCI3261B1ZY, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23AAFCI3261B1Z6 (Madhya Pradesh), 27AAFCI3261B2ZX (Maharashtra).
The CIN (Corporate Identification Number) of Pinnacle Mobility Solutions is U34100PN2019PTC196186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pinnacle Mobility Solutions has 2 court cases on record: 2 filed against it. 1 is pending.
Pinnacle Mobility Solutions was incorporated on 02 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Pinnacle Mobility Solutions has 12 deals on record (7 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹1,567.75 Cr; the latest was in October 2025.
The peers of Pinnacle Mobility Solutions by revenue are Wardwizard Innovations & Mobility Limited, Aahana Commerce Private Limited, Dana Tm4 India Private Limited, Electrodrive Powertrain Solutions Private Limited, Mahindra Electric Mobility Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).