
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
Recognitions & Rankings of Rowwet Mobility
- 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 AddressOffice No. 704 7th Floor Vb Capitol, S No. 209 Opp. Symphony Restaurant Range Hill Road Ashok Nagar, Pune, Maharashtra, India – 411007
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Rowwet Mobility 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
Business activity
The main business activity of Rowwet Mobility is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 availableRowwet Mobility Private Limited reported revenue of ₹2.53 Cr (down 61% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 23.6% | |||
| Net Profit Margin | 2.5% | |||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Rajendra Pawar Also directs: Zaper Auto Private Limited, JP Prostruct LLP, Foxstrat Media Management LLP and 2 more | Additional Director | 10 Aug 2019 | 7 Years 2 Months | Current |
| Sonal Amit Surana Also directs: Jitu Lodha Realty LLP, Ads Biomedicals LLP | Additional Director | 04 Nov 2019 | 6 Years 11 Months | Current |
| Rahul Vilas Nahata | Managing Director | 07 May 2019 | 7 Years 5 Months | Current |
| Amit Ashok Surana Also directs: Gem's Fortune Multispeciality Hospital LLP | Additional Director | 04 Nov 2019 | 6 Years 11 Months | Current |
| Sheetal Rahul Nahata Also directs: Granizar Private Limited | Director | 07 May 2019 | 7 Years 5 Months | Current |
| Manigandan Majunathan | Additional Director | 22 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Rowwet Mobility Private Limited is audited by BHUSHAN KOHINKAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUSHAN KOHINKAR & ASSOCIATES | FY 2023 | 171186 |
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 category | FY 2023 | FY 2022 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2022 | 100602735 | The Jalgaon Peoples Co-Op Bank Limited | ₹5.4 Cr | Open | |
| 22 Nov 2021 | 100507038 | Others | ₹2.4 Cr | Open |
To see the full charge records of Rowwet Mobility Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Rowwet 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
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)
| Supplier | Amount due | Due since | Reported 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCR5844F1Z4 | Maharashtra | Active | 12 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.
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:
- Rahul Vilas Nahata - Managing Director
- Pratik Rajendra Pawar - Additional Director
- Sonal Amit Surana - Additional Director
- Amit Ashok Surana - Additional Director
- Sheetal Rahul Nahata - Director
- Manigandan Majunathan - Additional Director
- Vivek Surinder Mahajan - Director
- Jitendra Ashok Lodha - Additional Director
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.