Rowwet Mobility Private Limited

Rowwet Mobility Private Limited - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U34209PN2019PTC183987 Incorporated 07 May 2019 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company automotive DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2023
₹2.53 Cr
▼ 61% YoY
Net profit · FY 2023
₹6.43 Lakh
Net margin 2.5%
EBITDA · FY 2023
₹59.69 Lakh
EBITDA margin 23.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹7.8 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
8
As per MCA filings

About Rowwet Mobility Private Limited

Data last updated:

Rowwet Mobility 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 07 May 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34209PN2019PTC183987. Its GSTIN is 27AAJCR5844F1Z4 (Maharashtra).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Rahul Vilas Nahata (Managing Director) and Sheetal Rahul Nahata.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Pune, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.53 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹6.43 Lakh (net margin 2.5%) and EBITDA of ₹59.69 Lakh (EBITDA margin 23.6%). Revenue has grown at a compounded annual rate (CAGR) of 225% over three years.

The company is associated with 1 brand: Rowwet. As per MCA filings, the company has open charges of ₹7.8 Cr on record.

Rowwet Mobility Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0009162). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rowwet.in.

Company details

CIN U34209PN2019PTC183987
Registration Number 183987
Incorporation Date 07 May 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0009162

Recognitions & Rankings of Rowwet Mobility

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0009162

Contact details

Rowwet Mobility Private Limited's registered office is in Pune, Maharashtra. Its website is rowwet.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Office No. 704 7th Floor Vb Capitol, S No. 209 Opp. Symphony Restaurant Range Hill Road Ashok Nagar, Pune, Maharashtra, India – 411007
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Rowwet Mobility Private Limited, buy the company report.

Comprehensive company report
Rowwet 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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Secure checkout · GST invoice included

Brands

Rowwet Mobility operates one associated brand: Rowwet. Each brand links to its own profile.

BrandDescriptionWebsite
Develops innovative technologies for electric bikes and scooters.rowwet.in

Business activity

The main business activity of Rowwet Mobility is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Rowwet Mobility Private Limited, buy the company report.

Financials of Rowwet Mobility Private Limited

FY 2023 filings available

Rowwet Mobility Private Limited reported revenue of ₹2.53 Cr (down 61% YoY) for FY 2023.

Revenue · FY 2023
₹2.53 Cr ▼ 61%
Net profit · FY 2023
₹6.43 Lakh margin 2.5%
EBITDA · FY 2023
₹59.69 Lakh margin 23.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 61%
3 years · compounded
▲ 225%
EBITDA CAGR growth
1 year
▲ 111%
3 years · compounded
▲ 41%

Revenue fell 61% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 225%. EBITDA rose 111% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹2.53 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹59.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.43 Lakh
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin23.6%
Net Profit Margin2.5%
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 Rowwet Mobility Private Limited, buy the company report.

Board of directors of Rowwet Mobility Private Limited

Rowwet Mobility has 8 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pratik Rajendra PawarAdditional Director10 Aug 20197 Years 2 MonthsCurrent
Sonal Amit SuranaAdditional Director04 Nov 20196 Years 11 MonthsCurrent
Rahul Vilas NahataManaging Director07 May 20197 Years 5 MonthsCurrent
Amit Ashok SuranaAdditional Director04 Nov 20196 Years 11 MonthsCurrent
Sheetal Rahul NahataDirector07 May 20197 Years 5 MonthsCurrent
Manigandan MajunathanAdditional Director22 Aug 20242 Years 2 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Rowwet Mobility Private Limited is audited by BHUSHAN KOHINKAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BHUSHAN KOHINKAR & ASSOCIATESFY 2023171186

Shareholding

The shareholding of Rowwet Mobility Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rowwet Mobility Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7.8 Cr
Satisfied charges
None
Breakdown by lending institutions
The Jalgaon Peoples Co-Op Bank Limited₹5.40 Cr
Others₹2.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Aug 2022100602735The Jalgaon Peoples Co-Op Bank Limited₹5.4 CrOpen
22 Nov 2021100507038Others₹2.4 CrOpen

To see the full charge records of Rowwet Mobility Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Rowwet Mobility Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 30 overdue payments to 8 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 8)

SupplierAmount dueDue sinceReported on
Vtro Motors Private Limited
Echarge Mobility Private Limited
an individual supplier
Surface Design Technologies Private Limited
Sunlit Power Private Limited

To see the full MSME payment records of Rowwet Mobility Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Rowwet Mobility has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAJCR5844F1Z4MaharashtraActive12 Jul 2019

To see the full GST registrations and return filing status of Rowwet Mobility Private Limited, buy the company report.

Recent activity

Rowwet Mobility Private Limited has 10 board changes on record since 2019: 8 appointments and 2 cessations. The latest: Manigandan Majunathan was appointed as Additional Director on 22 Aug 2024.

Appointed
Manigandan Majunathan was appointed as Additional Director.
AGM
Rowwet Mobility Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Rowwet Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Charges
A charge with The Jalgaon Peoples Co-Op Bank Limited of Rs. 5.40 Cr registered on 03 Aug 2022 with Charge ID 100602735 was modified on 20 Oct 2022.
Ceased
Vivek Surinder Mahajan ceased to be Additional Director.
Appointed
Vivek Surinder Mahajan was appointed as Director.
Charges
A charge with The Jalgaon Peoples Co-Op Bank Limited amounted to Rs. 5.40 Cr with Charge ID 100602735 was registered on 03 Aug 2022.
Charges
A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100507038 was registered on 22 Nov 2021.
Appointed
Amit Ashok Surana was appointed as Additional Director.
Appointed
Sonal Amit Surana was appointed as Additional Director.
Appointed
Jitendra Ashok Lodha was appointed as Additional Director.
Appointed
Pratik Rajendra Pawar was appointed as Additional Director.

4 earlier events are in the company report.

Frequently asked questions

Rowwet Mobility 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 07 May 2019 (7+ years old) and is registered under CIN U34209PN2019PTC183987.

Rowwet Mobility has 8 current directors:

The latest financial statements of Rowwet Mobility on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Rowwet Mobility is 27AAJCR5844F1Z4, registered in Maharashtra.

The CIN (Corporate Identification Number) of Rowwet Mobility is U34209PN2019PTC183987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rowwet Mobility was incorporated on 07 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.

Manigandan Majunathan was appointed as Additional Director on 22 Aug 2024. Vivek Surinder Mahajan ceased to be Additional Director on 26 Sep 2022. Vivek Surinder Mahajan was appointed as Director on 01 Sep 2022. Rowwet Mobility has 10 board changes on record in total.

Yes, Rowwet Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Rowwet Mobility is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0009162).

Rowwet Mobility has 7 MSME Form 1 returns on record between 2020 and 2023, listing 30 overdue payments to 8 micro and small suppliers. The latest return was filed on 08 Nov 2023.

Rowwet Mobility can be reached through the website rowwet.in. Its registered office is in Pune, Maharashtra, India.