Greencell Mobility Private Limited - Due diligence report

A 360° intelligence report on Greencell Mobility: trust score, financial health, credit view, compliance, directors, growth and distress sig…

2019-09-09 Mumbai, Maharashtra Active Unlisted Active Compliant
GM Greencell Mobility Private Limited
Full Due-Diligence Report + Documents
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Greencell Mobility — 360° Intelligence Report

Generated from MCA filings & public records
86/100
Trust Score
Low Risk

Greencell Mobility is assessed as Low Risk with a Trust Score of 86/100. Greencell Mobility is an active private limited indian non-government company incorporated in 2019, operating in the Automotive sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Greencell Mobility Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
86/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
92/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 4 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 60/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (A1).

Charges position: 9 open (1,462.11 cr) · 15 satisfied (1,709.47 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others22 48.0 cr
Sbicap Trustee Company Limited2 48.0 cr
Compliance Score: 92/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Delayed payments to MSME suppliers disclosed (12 disclosure(s)).
  • 3 active GST registration(s).
05

Director Intelligence

Stability score: 75/100
NameDIN / PANDesignationAppointedTenureDIN status
PARTHASARATHY VANKIPURAM SRINIVASA 01234567 Director 01/04/2018 6 yrs Approved
Devendra Chawla 01234567 Director 01/04/2018 6 yrs Approved
PRASANNA PRAKASH DESAI 01234567 Director 01/04/2018 6 yrs Approved
SHISHIR MAHESHWARI 01234567 Director 01/04/2018 6 yrs Approved
DEVENDRA CHAWLA 01234567 Director 01/04/2018 6 yrs Approved
ADITYA GHOSH 01234567 Director 01/04/2018 6 yrs Approved
Pooja Kamlesh Karia 01234567 Director 01/04/2018 6 yrs Approved
Manish Poddar 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • No disqualified or deactivated DINs.
  • 5 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Green Growth Equity Fund
Subsidiaries
4
Group entities
8
Capital events
6 allotment(s) · 3 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Green Growth Equity Fund Holding Company 74.00%
Greencell Ev Private Limited Subsidiary Company 74.00%
Greencell Express Private Limited Subsidiary Company 74.00%
Greencell Express Aggregator Private Limited Subsidiary Company 74.00%
Greencell Surat Private Limited Subsidiary Company 74.00%
Shyama Shyam P1 City Bus Operations Private Limited Associate Company 74.00%
Tirthankar City Bus Operations Private Limited Associate Company 74.00%
Vaasudevo City Bus Operations Private Limited Associate Company 74.00%
Vsk City Bus Operations Private Limited Associate Company 74.00%

Key managerial personnel: Devendra Chawla (CEO) · DEVENDRA CHAWLA (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 70
Growth signals & trust indicators
Revenue acceleration: +1.42 over 3 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 6 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 0.86 in a year.
3 director exits within 2 years.
9 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 9.83 Lakh.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence84/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment78/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 9 open charge(s) of 1,462.11 cr already registered.
  • Compliance record supports lending.
Investor view89/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
25 Feb 2026
Charge satisfied
Others
19 Feb 2026
Charge satisfied
Others
11 Dec 2025
Charge created
Sbicap Trustee Company Limited - 318.00 cr
24 Sep 2025
Last AGM held
Annual general meeting
29 Aug 2025
Director appointed
Pooja Kamlesh Karia (Company Secretary)
30 Jul 2025
Charge created
Others - 174.75 cr
25 Jul 2025
Charge created
Others - 51.00 cr
23 Jul 2025
Charge satisfied
Others
07 Jul 2025
Charge satisfied
Sbicap Trustee Company Limited
31 Mar 2025
Latest balance sheet
Filed with ROC
19 Mar 2025
Charge satisfied
Others
06 Mar 2025
Director appointed
Manish Poddar (Cfo)
06 Feb 2025
Charge satisfied
Others
01 Jan 2025
Director appointed
PARTHASARATHY VANKIPURAM SRINIVASA (Additional Director)
31 Dec 2024
Director ceased
PARTHASARATHY VANKIPURAM SRINIVASA
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 3 financial year(s).
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
8 active director(s) / partner(s); board looks stable and experienced.
3 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 4 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A1 from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Nitco Logistics Private Limited U60231JK1964PTC000288 Jammu And Kashmir, Jammu & Kashmir, India
Vscpl U60300DL2014PTC273346 New Delhi, Delhi, India
Ahmedabad Roadlines Private Limited U60231HR2008PTC037777 Faridabad, Haryana, India
Shree Marutinandan Logistics Private Limited U63090GJ2012PTC072590 Rajkot, Gujarat, India
Durga Carriers Private Limited U60100CT1994PTC008648 Raipur, Chattisgarh, India
Millennium Suppliers Pvt Ltd U51109OD2006PTC045043 Hemgir, Orissa, India
Ganesh Roadlines U60231HR2010PTC040913 Hisar, Haryana, India
Orbit Resorts Limited U55101CH1988PLC008156 Ut, Chandigarh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Greencell Mobility before audits and certifications: compliance score 92/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Greencell Mobility: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Greencell Mobility - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 86/100, distress signals and MSME payment-delay disclosures - know whether Greencell Mobility pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Greencell Mobility - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Greencell Mobility an active company?

Greencell Mobility has MCA status “Active” with a compliance score of 92/100 (Low Risk).

Is Greencell Mobility financially healthy?

Greencell Mobility has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Greencell Mobility?

Its overall Trust Score is 86/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Greencell Mobility?

The ultimate holding entity is Green Growth Equity Fund. 8 active director(s) are on record.

Does Greencell Mobility have loans or charges against its assets?

9 open charge(s) are registered against its assets, and 15 earlier charge(s) stand satisfied.

Is Greencell Mobility up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 92/100 (Low Risk).

Is it risky to lend to Greencell Mobility?

Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.