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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 758.86 | 718.27 | 1,370.24 | 396.39 |
| Total Income | 312.75 | 641.31 | 1,156.45 | 521.37 |
| Profit After Tax | -106.15 | -691.57 | -19.91 | -45.38 |
| NET Worth | 386.79 | 412.07 | 1,084.81 | -43.01 |
| Reserves and Surplus | 363.22 | 392.54 | 1,065.45 | 55.51 |
| Total Borrowing | 47.60 | 46.76 | 3.39 | 232.56 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Victory Electric Vehicles International Ltd. | SME | ₹34.56 Cr | ₹41 | 12.41 | ₹32.75 | -20.12% | ₹15.45 |
| Zelio E-Mobility Ltd. | SME | ₹78.34 Cr | ₹136 | 14.04 | ₹162.60 | +19.56% | ₹845.55 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment for (a) product and technology development (b) enhancing capabilities at the Companys Technology Centre in Bengaluru, Karnataka | 375.27 |
| 2 | Development of the Companys in-house battery assembly capabilities | 82.90 |
| 3 | Funding expansion of the manufacturing capacity of BAPL | 19.89 |
| 4 | Funding expansion of the manufacturing capacity of MLR | 38.26 |
| 5 | Increasing the Companys stake in Material Subsidiary, MLR, through acquisitions | 73.67 |
| 6 | Increase digitization and deployment of information technology infrastructure by the Company | 27.80 |
| 7 | Funding inorganic growth through unidentified acquisitions and general corporate purposes | |
| Total | 617.79 |
About Greaves Electric Mobility IPO
Updated on Jun 19, 2026
Contact Details
Greaves Electric Mobility Ltd. AddressPlot No. 72,Ranipet Industrial Park,Ranipet,Vellore, Tamil Nadu, 632403+91 80 6572 0000cs.geml@greaveselectricmobility.comVisit Website