India's Richest People 2026 edition · 1 director · Source: Hurun India
- #513 M A M Arunachalam & family ₹6,800 Cr
Revenue · FY 2025
₹660.19 Cr
▲ 151% YoY
Net loss · FY 2025
₹1,118.89 Cr
Net margin -169.5%
EBITDA · FY 2025
-₹1,003.42 Cr
EBITDA margin -152%
Authorised capital
₹3,505 Cr
Registered with MCA
Paid-up capital
₹2,690 Cr
Issued & subscribed
Open charges
₹80 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
567
Provident fund records
About Ti Clean Mobility Private Limited
Data last updated:
Ti Clean Mobility Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Tube Investments Of India Limited. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 12 February 2022.
Its director M A M Arunachalam and family are #513 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U34300TN2022PTC149904. Its GSTIN is 33AAJCT1836F1ZH (Tamil Nadu).
The company has an authorised share capital of ₹3,505 Cr and a paid-up capital of ₹2,690 Cr. It is led by directors including Jalaj Gupta (Managing Director) and M A M Arunachalam.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹660.19 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,118.89 Cr (net margin -169.5%) and EBITDA of -₹1,003.42 Cr (EBITDA margin -152%).
The company has about 567 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Montra Electric and Tube Investments of India. As per MCA filings, the company has open charges of ₹80 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 5 cases are pending. The company has 9 deals on record (8 funding rounds, 1 rights issue), with disclosed funding of ₹2,280 Cr; the latest was in June 2024. Its 3 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (manufacture of motor vehicles, trailers and semi-trailers) are compared by revenue, 2 larger and 1 smaller; the largest is Switch Mobility Automotive Limited with revenue of ₹929.34 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 14 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tiindia.com.
Company details
CIN U34300TN2022PTC149904
Registration Number 149904
Incorporation Date 12 February 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Tube Investments Of India Limited
Compliance Status Active Compliant
Key People
Jalaj Gupta Managing Director Sridhar Narayan Nominee Director M A M Arunachalam Director Recognitions & Rankings of Ti Clean Mobility
Contact details
Ti Clean Mobility Private Limited's registered office is in Chennai, Tamil Nadu. Its website is tiindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressChola Crest C54 – 55 & Super B – 4, Thiru – VI – Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Ti Clean Mobility Private Limited, buy the company report.
Comprehensive company report
Ti Clean 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
Ti Clean Mobility operates two associated brands: Montra Electric and Tube Investments of India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric three-wheelers are manufactured by Montra Electric in India. | montraelectric.com | |
| High precision tubes are manufactured for automobiles and bicycles. | tiindia.com |
Business activity
The main business activity of Ti Clean Mobility is manufacturing. In detail, this covers manufacture of motor vehicles, trailers and semi-trailers.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 29 | Manufacture of motor vehicles, trailers and semi-trailers |
To see the full business activity and turnover split of Ti Clean Mobility Private Limited, buy the company report.
Financials of Ti Clean Mobility Private Limited
FY 2025 filings availableTi Clean Mobility Private Limited reported revenue of ₹660.19 Cr (up 151% YoY) for FY 2025.
Revenue · FY 2025
₹660.19 Cr ▲ 151%
Net loss · FY 2025
₹1,118.89 Cr margin -169.5%
EBITDA · FY 2025
-₹1,003.42 Cr margin -152%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 151%
EBITDA CAGR growth
1 year
▼ 334%
Revenue rose 151% in the latest year. EBITDA fell 334% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹660.19 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1,003.42 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1,118.89 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 | -152% | |||
| Net Profit Margin | -169.5% | |||
| 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 Ti Clean Mobility Private Limited, buy the company report.
Board of directors of Ti Clean Mobility Private Limited
Ti Clean Mobility has 9 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Showing 6 of 9 current directors. View all directors
Peer comparison
Ti Clean 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 (manufacture of motor vehicles, trailers and semi-trailers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Switch Mobility Automotive Limited | ₹929.34 Cr (FY 2025) | 117.0% | Chennai, Tamil Nadu, India | |||
| Greaves Electric Mobility Limited | ₹674.82 Cr (FY 2025) | 5.0% | Ranipet, Tamil Nadu, India | |||
| Ti Clean Mobility Private Limitedthis company | ₹660.19 Cr (FY 2025) | -₹1,118.89 Cr | -169.5% | 151.0% | 567 | Chennai, Tamil Nadu, India |
| Dilli Electric Auto Private Limited | ₹374.37 Cr (FY 2024) | 41.0% | Sonipat, Haryana, India |
To see the full peer comparison of Ti Clean Mobility Private Limited, buy the company report.
Auditor
Ti Clean Mobility Private Limited is audited by Sundaram & Srinivasan for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sundaram & Srinivasan | FY 2025 | 004207S |
Shareholding
The shareholding of Ti Clean Mobility Private Limited is on record for 4 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 | FY 2022 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ti Clean Mobility Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2023 | 100851113 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Cr | Open | |
| 11 Jul 2022 | 100632122 | Hdfc Bank Limited | ₹50 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Ti Clean Mobility Private Limited has 9 deals on record (8 funding rounds, 1 rights issue), with disclosed funding of ₹2,280 Cr; the latest was in June 2024.
Total deals
9
Funding rounds
8
Rights issue
1
Disclosed funding
₹2,280 Cr
Deals on record (4 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Funding round · Series B | ₹166 Cr | Investors: Tube Investments Of India Limited |
| Jun 2023 | Funding round · Series B | ₹167 Cr | Investors: Tube Investments Of India Limited, Multiples Private Equity |
| Mar 2023 | Funding round · Series B | ₹167 Cr | Investors: Tube Investments Of India Limited |
| Mar 2022 | Rights issue | ₹249.95 Cr | Investors: Tube Investments Of India Limited, Tube Investments Of India Limited & Suresh Swaminathan |
To see the full deal history of Ti Clean 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
Ti Clean Mobility Private Limited has 9 court cases on record: 6 filed by Ti Clean Mobility, 3 filed against it. 5 cases are pending and 4 are disposed.
Total cases
9
Filed by the company
6
Filed against the company
3
Pending
5
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 4 | 3 | 4 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against Squireenviro Industries Private Ltd Rep by Joseph Grantion Thomas | Pending |
| Madras High Court | Arbitration matter | Filed by the company against Senatla Innovative EV Components Pvt Ltd and 1 other | Disposed |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
To see the full case history of Ti Clean Mobility Private Limited, buy the company report.
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.
MSME payment delays
Ti Clean Mobility Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 14 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Super Max CNC Centre Private Limited | |||
| Travelstack Tech Limited | |||
| Industrial Rubber Products |
To see the full MSME payment records of Ti Clean Mobility Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ti Clean Mobility has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Jayem Automotives Private Limited | U00292TZ1999PTC011979 | |
| Tivolt Electric Vehicles Private Limited | U29109TN2023PTC162236 | |
| Ipltech Electric Private Limited | U73100HR2019PTC081891 |
To see the full group structure of Ti Clean Mobility Private Limited, buy the company report.
Employees & EPFO
Ti Clean Mobility Private Limited has a workforce of 567 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
567
Active EPFO establishments
1
Employee growth
-0.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 567 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Ti Clean Mobility Private Limited, buy the company report.
GST
Ti Clean Mobility has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCT1836F1ZH | Tamil Nadu | Active | 07 Mar 2022 |
To see the full GST registrations and return filing status of Ti Clean Mobility Private Limited, buy the company report.
Recent activity
Ti Clean Mobility Private Limited has 21 board changes on record since 2022: 10 appointments and 11 cessations. The latest: Rangannagowda Wasan ceased to be Additional Director on 24 Jul 2025.
AGM
Ti Clean Mobility Private Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records.
Ceased
Rangannagowda Wasan ceased to be Additional Director.
Ceased
Srinivasan Krithika ceased to be Company Secretary.
Filing
Ti Clean Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Jalaj Gupta was appointed as Managing Director.
Ceased
Jalaj Gupta ceased to be Additional Director.
Appointed
Rangannagowda Wasan was appointed as Director.
Appointed
Sridhar Narayan was appointed as Nominee Director.
Ceased
Sridhar Narayan ceased to be Additional Director.
Appointed
Tejpreet Singh Chopra was appointed as Director.
Ceased
Tejpreet Singh Chopra ceased to be Additional Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 30.00 Cr with Charge ID 100851113 was registered on 27 Dec 2023.
14 earlier events are in the company report.
News
Frequently asked questions
Ti Clean Mobility is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 12 February 2022 (4+ years old) and is registered under CIN U34300TN2022PTC149904.
Ti Clean Mobility has 9 current directors:
- Jalaj Gupta - Managing Director
- Sridhar Narayan - Nominee Director
- M A M Arunachalam - Director
- Renuka Ramnath - Nominee Director
- Tejpreet Singh Chopra - Director
- Mukesh Ahuja - Director
- Nithya Easwaran - Nominee Director
- Vellayan Subbiah - Director
- Rangannagowda Wasan - Director
The latest financial statements of Ti Clean Mobility on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Ti Clean Mobility is 33AAJCT1836F1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ti Clean Mobility is U34300TN2022PTC149904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ti Clean Mobility has 9 court cases on record: 6 filed by the company and 3 filed against it. 5 are pending. Most are in the high courts.
Ti Clean Mobility was incorporated on 12 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
Ti Clean Mobility has 9 deals on record (8 funding rounds, 1 rights issue), with disclosed funding of ₹2,280 Cr; the latest was in June 2024.
The peers of Ti Clean Mobility by revenue are Switch Mobility Automotive Limited, Greaves Electric Mobility Limited, Dilli Electric Auto Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (manufacture of motor vehicles, trailers and semi-trailers).
Rangannagowda Wasan ceased to be Additional Director on 24 Jul 2025. Srinivasan Krithika ceased to be Company Secretary on 31 May 2025. Jalaj Gupta was appointed as Managing Director on 21 Nov 2024. Ti Clean Mobility has 21 board changes on record in total.
Ti Clean Mobility has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 14 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Ti Clean Mobility can be reached through the website tiindia.com. Its registered office is in Chennai, Tamil Nadu, India.
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