MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0243255
River Mobility Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹103.77 Cr
▲ 1795% YoY
Net loss · FY 2025
₹195.71 Cr
Net margin -188.6%
EBITDA · FY 2025
-₹173.49 Cr
EBITDA margin -167.2%
Authorised capital
₹6.1 Cr
Registered with MCA
Paid-up capital
₹5.62 Cr
Issued & subscribed
Open charges
₹75.66 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
550
Provident fund records
About River Mobility Private Limited
Data last updated:
River Mobility Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of World Of River Limited Inc. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 17 March 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34100KA2022PTC158972. Its GSTIN is 29AALCR7167F1ZU (Karnataka). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹6.1 Cr and a paid-up capital of ₹5.62 Cr. It is led by directors Aravind Mani and Vipin George.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹103.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹195.71 Cr (net margin -188.6%) and EBITDA of -₹173.49 Cr (EBITDA margin -167.2%).
The company has about 550 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: River. As per MCA filings, the company has open charges of ₹75.66 Cr on record. The company has 7 deals on record (2 convertible or debt financings, 2 rights issues, 2 funding rounds), with disclosed funding of ₹102.58 Cr; the latest was in February 2024. Its 3 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 1 larger and 2 smaller; the largest is Hop Electric Manufacturing Private Limited with revenue of ₹104.13 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 57 overdue payments to 16 micro and small suppliers.
River Mobility Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0243255). For more details, the company can be reached via its website rideriver.com.
Company details
CIN U34100KA2022PTC158972
Registration Number 158972
Incorporation Date 17 March 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company World Of River Limited Inc
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0243255
Key People
Aravind Mani Director Vipin George Director Recognitions & Rankings of River Mobility
Contact details
River Mobility Private Limited's registered office is in Bangalore, Karnataka. Its website is rideriver.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 25/3 KIADB Epip Zone Seetharampalya, Hoodi Road Mahadevapura Whitefield, Bangalore, Karnataka, India – 560048
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of River Mobility Private Limited, buy the company report.
Comprehensive company report
River Mobility Private Limited - one report that includes everything
- 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
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Brands
River Mobility operates one associated brand: River. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric scooters are designed and produced for urban mobility. | rideriver.com |
Business activity
The main business activity of River Mobility is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of River Mobility Private Limited, buy the company report.
Financials of River Mobility Private Limited
FY 2025 filings availableRiver Mobility Private Limited reported revenue of ₹103.77 Cr (up 1795% YoY) for FY 2025.
Revenue · FY 2025
₹103.77 Cr ▲ 1795%
Net loss · FY 2025
₹195.71 Cr margin -188.6%
EBITDA · FY 2025
-₹173.49 Cr margin -167.2%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹173.49 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹195.71 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -167.2% | |||
| Net Profit Margin | -188.6% | |||
| 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 | ||||
To see the full financial statements and ratios of River Mobility Private Limited, buy the company report.
Board of directors of River Mobility Private Limited
River Mobility has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aravind Mani Also directs: River Mobility Private Limited | Director | 07 Apr 2022 | 4 Years 7 Months | Current |
| Vipin George Also directs: River Mobility Private Limited | Director | 07 Apr 2022 | 4 Years 7 Months | Current |
Peer comparison
River Mobility Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hop Electric Manufacturing Private Limited | ₹104.13 Cr (FY 2025) | -37.0% | Jaipur, Rajasthan, India | |||
| River Mobility Private Limitedthis company | ₹103.77 Cr (FY 2025) | -₹195.71 Cr | -188.6% | 1795.0% | 550 | Bangalore, Karnataka, India |
| Battreelectric Mobility Private Limited | ₹102.85 Cr (FY 2024) | 17.0% | Jaipur, Rajasthan, India | |||
| GK Rickshaw Limited | ₹102.14 Cr (FY 2024) | 2.0% | Baidyabati, West Bengal, India |
To see the full peer comparison of River Mobility Private Limited, buy the company report.
Auditor
River Mobility Private Limited is audited by S.R.Batliboi & Associates LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.Batliboi & Associates LLP | FY 2025 | 101049W/E300004 |
Shareholding
The shareholding of River Mobility Private Limited is on record for 3 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of River Mobility Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75.66 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2026 | 101251290 | Others | ₹28 Cr | Open | |
| 20 Sep 2024 | 100997784 | Hdfc Bank Limited | ₹47.21 Cr | Open | |
| 04 Apr 2024 | 100924402 | Others | ₹31.8 Lakh | Open | |
| 19 May 2022 | 100585953 | Others | ₹13 Lakh | Open |
To see the full charge records of River Mobility Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
River Mobility Private Limited has 7 deals on record (2 convertible or debt financings, 2 rights issues, 2 funding rounds), with disclosed funding of ₹102.58 Cr; the latest was in February 2024.
Total deals
7
Convertible or debt financings
2
Rights issues
2
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹102.58 Cr
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Rights issue | ₹193.27 Cr | Investors: World Of River Limited Inc |
| Apr 2023 | Rights issue | ₹82.31 Cr | Investors: World Of River Limited Inc |
| Mar 2023 | Funding round | ₹1.72 Cr | Investors: World Of River Limited Inc |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: World Of River Limited Inc, World of River Limited Inc & Nimya Thomas Seller: 2 individuals |
To see the full deal history of River Mobility Private Limited, buy the company report.
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 River Mobility 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
River Mobility Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 57 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Piano Presitel | |||
| Arul Polymers Private Limited | |||
| TVS Sensing Solutions Private Limited | |||
| Aalpha Systems and Engineering Private Limited | |||
| Omg Auto Mould Private Limited |
To see the full MSME payment records of River Mobility Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
River Mobility Private Limited has a workforce of 550 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
550
Active EPFO establishments
1
Employee growth
24.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 550 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of River Mobility Private Limited, buy the company report.
GST
River Mobility has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCR7167F1ZU | Karnataka | Active | 26 May 2022 |
| 29AALCR7167F2ZT | Karnataka | Active | 12 Jun 2025 |
| 33AALCR7167F1Z5 | Tamil Nadu | Active | 15 Jun 2024 |
| 32AALCR7167F1Z7 | Kerala | Active | 24 Jun 2024 |
To see the full GST registrations and return filing status of River Mobility Private Limited, buy the company report.
Recent activity
River Mobility Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Aravind Mani ceased to be Additional Director on 26 Jul 2022.
Charges
A charge with Others amounted to Rs. 28.00 Cr with Charge ID 101251290 was registered on 20 Jan 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 47.21 Cr registered on 20 Sep 2024 with Charge ID 100997784 was modified on 29 Sep 2025.
AGM
River Mobility Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Filing
River Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 47.21 Cr with Charge ID 100997784 was registered on 20 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.32 Cr with Charge ID 100924402 was registered on 04 Apr 2024.
Ceased
Aravind Mani ceased to be Additional Director.
Ceased
Vipin George ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100585953 was registered on 19 May 2022.
Ceased
Dixitha Kumbhat Tarun Kumar ceased to be Director.
Ceased
Mahaveer Surana ceased to be Director.
Appointed
Aravind Mani was appointed as Director.
2 earlier events are in the company report.
News
From our blog
Frequently asked questions
River 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 17 March 2022 (4+ years old) and is registered under CIN U34100KA2022PTC158972.
River Mobility has 2 current directors:
- Aravind Mani - Director
- Vipin George - Director
The latest financial statements of River Mobility on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of River Mobility is 29AALCR7167F1ZU, registered in Karnataka. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 29AALCR7167F2ZT (Karnataka), 33AALCR7167F1Z5 (Tamil Nadu), 32AALCR7167F1Z7 (Kerala).
The CIN (Corporate Identification Number) of River Mobility is U34100KA2022PTC158972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
River Mobility was incorporated on 17 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
River Mobility has 7 deals on record (2 convertible or debt financings, 2 rights issues, 2 funding rounds), with disclosed funding of ₹102.58 Cr; the latest was in February 2024.
The peers of River Mobility by revenue are Hop Electric Manufacturing Private Limited, Battreelectric Mobility Private Limited, GK Rickshaw Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Aravind Mani ceased to be Additional Director on 26 Jul 2022. Vipin George ceased to be Additional Director on 26 Jul 2022. Dixitha Kumbhat Tarun Kumar ceased to be Director on 05 May 2022. River Mobility has 6 board changes on record in total.
Yes, River Mobility is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0243255).
River Mobility has 3 MSME Form 1 returns on record between 2023 and 2024, listing 57 overdue payments to 16 micro and small suppliers. The latest return was filed on 04 Jul 2024.
River Mobility can be reached through the website rideriver.com. Its registered office is in Bangalore, Karnataka, India.
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