- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0047097

About Tunwal E-Vehicle India Private Limited
Data last updated:
Tunwal E-Vehicle India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 03 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34209PN2016PTC229376. Its GSTIN is 27AAFCT7338A1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.99 Cr. It is led by directors Amitkumar Pannaram Mali and Jhumarmal Pannaram Tunwal.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.74 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Cr (net margin 8%) and EBITDA of ₹3.03 Cr (EBITDA margin 12.8%).
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Tunwal. As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹5.4 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 5 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.98 Cr; the latest was in September 2022. Its 6 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, 3 larger and 3 smaller; the largest is Eco Evols Private Limited with revenue of ₹24.36 Cr.
Tunwal E-Vehicle India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0047097). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tunwal.com.
Company details
CIN history
Tunwal E-Vehicle India has one previous CIN (Corporate Identification Number): U34209GJ2016PTC091806. The current CIN is U34209PN2016PTC229376, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34209PN2016PTC229376 | Current |
| U34209GJ2016PTC091806 | Previous |
Recognitions & Rankings of Tunwal E-Vehicle India
Contact details
Tunwal E-Vehicle India Private Limited's registered office is in Pune, Maharashtra. Its website is tunwal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 502 Rama Icon Sr No 24/2, Cts No 2164 Near Apollo Spectra Hospital, Pune, Maharashtra, India – 411030
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Tunwal E-Vehicle India 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
Tunwal E-Vehicle India operates one associated brand: Tunwal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric two-wheelers are manufactured by Tunwal in India. | tunwal.com |
Business activity
The main business activity of Tunwal E-Vehicle India 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 Tunwal E-Vehicle India Private Limited, buy the company report.
Financials of Tunwal E-Vehicle India Private Limited
FY 2025 filings availableTunwal E-Vehicle India Private Limited reported revenue of ₹23.74 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 68% 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 | FY 2020-21 |
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| EBITDA | ₹3.03 Cr | ||||
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| Net Profit (PAT) | ₹1.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | ||||
| Net Profit Margin | 8% | ||||
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To see the full financial statements and ratios of Tunwal E-Vehicle India Private Limited, buy the company report.
Board of directors of Tunwal E-Vehicle India Private Limited
Tunwal E-Vehicle India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitkumar Pannaram Mali | Director | 19 Dec 2016 | 9 Years 10 Months | Current |
| Jhumarmal Pannaram Tunwal Also directs: Tunwal E-Motors Limited | Director | 03 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Tunwal E-Vehicle India Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Eco Evols Private Limited | ₹24.36 Cr (FY 2023) | Lucknow, Uttar Pradesh, India | ||||
| Cosbike Private Limited | ₹23.93 Cr (FY 2024) | -11.0% | Kalka, Haryana, India | |||
| Okinawa Scooters & Motorcycles India Private Limited | ₹23.84 Cr (FY 2025) | -78.0% | Gurgaon, Haryana, India | |||
| Tunwal E-Vehicle India Private Limitedthis company | ₹23.74 Cr (FY 2025) | ₹1.9 Cr | 8% | 13.0% | 1 | Pune, Maharashtra, India |
| JS Mobileon Private Limited | ₹23.4 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Altigreen Propulsion Labs Private Limited | ₹23.19 Cr (FY 2025) | -81.0% | Malur, Karnataka, India | |||
| Dial E- Vahan Private Limited | ₹22.97 Cr (FY 2025) | 128.0% | Hisar, Haryana, India |
To see the full peer comparison of Tunwal E-Vehicle India Private Limited, buy the company report.
Auditor
Tunwal E-Vehicle India Private Limited is audited by BRIJESH S CHANDAK & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRIJESH S CHANDAK & CO | FY 2023 | 125296W |
Shareholding
The shareholding of Tunwal E-Vehicle India Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tunwal E-Vehicle India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2025 | 101086302 | Bank of India | ₹50 Lakh | Open | |
| 27 Sep 2023 | 100825252 | Bank of India | ₹5 Cr | Open | |
| 10 Aug 2018 | 100197244 | Hdfc Bank Limited | ₹5.4 Cr | Satisfied |
To see the full charge records of Tunwal E-Vehicle India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Tunwal E-Vehicle India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.98 Cr; the latest was in September 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2018 | Funding round | ₹4.49 Cr | Investors: 4 individuals |
| Mar 2018 | Funding round | ₹40 Lakh | Investors: 4 individuals |
| Feb 2017 | Funding round | ₹9 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tunwal E-Vehicle India Private Limited has 8 court cases on record: 2 filed by Tunwal E-Vehicle India, 6 filed against it. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 4 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by R.K.Container Line Pvt.Ltd. Through Sunil Mishra | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by R.K.Container Line Pvt.Ltd. Through Sunil Mishra | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Madurai, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Sirsa, Haryana | Civil suit | Filed by the company against M/S Maa Luxmi Auto | Pending |
To see the full case history of Tunwal E-Vehicle India 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
No delayed payments to MSME suppliers are on our record for Tunwal E-Vehicle India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tunwal E-Vehicle India Private Limited has a workforce of 1 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Tunwal E-Vehicle India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT7338A1ZF | Maharashtra | Active | 16 Aug 2018 |
To see the full GST registrations and return filing status of Tunwal E-Vehicle India Private Limited, buy the company report.
Recent activity
Tunwal E-Vehicle India Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Sangita Jhumarmal Tunwal ceased to be Director on 16 Apr 2022.
4 earlier events are in the company report.
News
Frequently asked questions
Tunwal E-Vehicle India 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 03 May 2016 (10+ years old) and is registered under CIN U34209PN2016PTC229376.
Tunwal E-Vehicle India has 2 current directors:
- Amitkumar Pannaram Mali - Director
- Jhumarmal Pannaram Tunwal - Director
The latest financial statements of Tunwal E-Vehicle India 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 2017 are in the company report.
The GSTIN of Tunwal E-Vehicle India is 27AAFCT7338A1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Tunwal E-Vehicle India is U34209PN2016PTC229376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tunwal E-Vehicle India has 8 court cases on record: 2 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Tunwal E-Vehicle India was incorporated on 03 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Tunwal E-Vehicle India has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.98 Cr; the latest was in September 2022.
The peers of Tunwal E-Vehicle India by revenue are Eco Evols Private Limited, Cosbike Private Limited, Okinawa Scooters & Motorcycles India Private Limited, JS Mobileon Private Limited, Altigreen Propulsion Labs Private Limited and 1 more, 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).
Sangita Jhumarmal Tunwal ceased to be Director on 16 Apr 2022. Shriyal Madhaorao Thakre ceased to be Additional Director on 30 Nov 2021. Dinesh Bharatlal Agarwal ceased to be Additional Director on 26 May 2021. Tunwal E-Vehicle India has 8 board changes on record in total.
Yes, Tunwal E-Vehicle India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0047097).