
About PMV Electric Private Limited
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PMV Electric Private Limited is a private limited company based in Mumbai, 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 16 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34300MH2018PTC317155. Its GSTIN is 27AAKCP2032Q1Z0 (Maharashtra).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹78.07 Lakh. It is led by directors Kalpit Dashrath Patel and Dashrath Keshavlal Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 15 Maqbool Compd Islamiya Bazar Nr W E Highway Pathanwadi Nr Marble Mkt, Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.83 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹45.71 Lakh and EBITDA of -₹42.24 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 200% over three years.
The company is associated with 1 brand: PMV Electric. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹2.62 Cr; the latest was in June 2023.
PMV Electric Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0165283). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pmvelectric.com.
Company details
Recognitions & Rankings of PMV Electric
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0165283
Contact details
PMV Electric Private Limited's registered office is in Mumbai, Maharashtra. Its website is pmvelectric.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address15 Maqbool Compd Islamiya Bazar Nr W E Highway Pathanwadi Nr Marble Mkt, Mumbai, Maharashtra, India – 400097
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of PMV Electric Private Limited, buy the company report.
- 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
Brands
PMV Electric operates one associated brand: PMV Electric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric cars with advanced features are developed by PMV Electric. | pmvelectric.com |
Business activity
The main business activity of PMV Electric is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of PMV Electric Private Limited, buy the company report.
Financials of PMV Electric Private Limited
FY 2025 filings availablePMV Electric Private Limited reported revenue of ₹7.83 Lakh (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 200%. EBITDA fell 23% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹42.24 Lakh | ||||
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| Net Profit (PAT) | -₹45.71 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of PMV Electric Private Limited, buy the company report.
Board of directors of PMV Electric Private Limited
PMV Electric has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpit Dashrath Patel Also directs: Unomobility Private Limited | Director | 16 Nov 2018 | 7 Years 11 Months | Current |
| Dashrath Keshavlal Patel Also directs: Unomobility Private Limited | Director | 16 Nov 2018 | 7 Years 11 Months | Current |
Auditor
PMV Electric Private Limited is audited by K K A B & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K A B & Co LLP | FY 2022 | 132029W/W100204 |
Shareholding
The shareholding of PMV Electric Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of PMV Electric Private Limited, buy the company report.
Deals & funding
PMV Electric Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹2.62 Cr; the latest was in June 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Funding round | ₹2.08 Cr | Investors: 4 individuals |
| Jul 2021 | Funding round | ₹34.6 Lakh | Investors: 4 individuals |
| Dec 2020 | Funding round | ₹19 Lakh | Investors: 4 individuals |
| Nov 2020 | Rights issue | ₹9 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving PMV Electric Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for PMV Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
PMV Electric has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP2032Q1Z0 | Maharashtra | Active | 26 Dec 2018 |
To see the full GST registrations and return filing status of PMV Electric Private Limited, buy the company report.
Recent activity
PMV Electric Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Dashrath Keshavlal Patel was appointed as Director on 16 Nov 2018.
News
Frequently asked questions
PMV Electric is an active private limited company based in Mumbai, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 16 November 2018 (8+ years old) and is registered under CIN U34300MH2018PTC317155.
PMV Electric has 2 current directors:
- Kalpit Dashrath Patel - Director
- Dashrath Keshavlal Patel - Director
The latest financial statements of PMV Electric on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of PMV Electric is 27AAKCP2032Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of PMV Electric is U34300MH2018PTC317155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PMV Electric was incorporated on 16 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
PMV Electric has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹2.62 Cr; the latest was in June 2023.
Dashrath Keshavlal Patel was appointed as Director on 16 Nov 2018. Kalpit Dashrath Patel was appointed as Director on 16 Nov 2018.
Yes, PMV Electric is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, PMV Electric is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0165283).

