Greaves Electric Mobility Limited IPO
Greaves Electric Mobility Limited is an Indian company focused on designing, manufacturing, and selling electric two-wheelers and three-wheelers. It operates under brands like Ampere and Ele, aiming to provide sustainable and affordable electric transportation solutions. The company emphasizes innovation, quality, and eco-friendly technology to address the growing demand for clean mobility. With modern manufacturing facilities and strong financial backing, Greaves Electric Mobility is positioned to expand its presence in the electric vehicle market.
Min Investment
₹TBA
Lot Size
TBA Shares
Price Range
₹TBA
Issue Size (₹ Cr.)
₹TBA
IPO Type
Future, SME
Key Metrics
Face Value
₹ 1
GMP
Subscription
-
EPS
₹ TBA
P/E Ratio
TBA x
RoNW
-165.16%
ROE
TBA
Debt to Equity (₹ Cr.)
TBA
Strengths
- Wide Range of Electric Vehicles: The company offers various electric two-wheelers and three-wheelers to serve different customer needs.
- Strong Brand Presence: Its leading brand, Ampere, is well-recognized with a large customer base in India.
- Financial Backing: Greaves Electric Mobility has secured significant investments to support growth and innovation.
- Modern Manufacturing Facilities: The company operates advanced plants that help in efficient production and scaling.
- Focus on Sustainability: It emphasizes eco-friendly transportation solutions with innovative technology and safety standards.
Weaknesses
- Limited Geographic Reach: The company’s presence is mostly confined to India, with limited international markets.
- High Dependence on Subsidies: Growth partly relies on government incentives and subsidies for electric vehicles.
- Intense Market Competition: Faces strong competition from established and new players in the electric vehicle sector.
- Supply Chain Vulnerabilities: Dependence on suppliers for key components like batteries may affect production schedules.
- Profitability Challenges: As a growing company in a capital-intensive industry, consistent profitability is still a work in progress.
Financials
| Period Ended | 30-09-2024 | 31-3-2024 | 31-3-2023 | 31-3-2022 |
|---|---|---|---|---|
| Assets (In Cr) | 758.86 | 718.27 | 1,370.24 | 396.39 |
| Revenue (In Cr) | 312.75 | 641.31 | 1,156.45 | 521.37 |
| Profit After Tax (In Cr) | -106.15 | -691.57 | -19.91 | -45.38 |
| Net Worth (In Cr) | 386.79 | 412.07 | 1,084.81 | -43.01 |
| Total Borrowing (In Cr) | 47.6 | 46.76 | 3.39 | 232.56 |
Company Details
- Plot No. 72, Ranipet Industrial Park, Ranipet,
+91 80 6572 0000
- cs.geml@greaveselectricmobility.com
- http://www.greaveselectricmobility.com/
