As of September 08, 2024, POWER EV, Unlisted share price is ₹None per share and the face value is ₹10.00/share. The lot size of POWER EV is None shares. The 52-week high for POWER EV stock price is ₹None, while the 52-week low is ₹None
Face Value
₹ 10
Value of a security, as stated by its issuer. It has no relation with market price of the stock.
Total Share
2,00,000
Total shares or total number of shares outstanding represents the amount of stock on the open market, including shares held by institutional investors and restricted shares held by insiders and company officers.
Sector
Industrials
A sector is an area in which businesses share the same or a related product or service. It can also be known as an industry or market that shares common operating characteristics
Sub-sector
E Vehicle
Subsectors are the divisions of a sector. They are areas that vary from the rest of the sector substantially enough to justify creating a plan just for the subsector.
Category
Early Revenue
Category is defined as a class or division of things regarded as having particular shared characteristics.
Power Electric Vehicles Growth
Compounded Sales Growth
Highlights
Since its launch in January 2023, Power EV has achieved remarkable sales growth, selling over 100 high-speed electric motorcycles in multiple regions, making a revenue of ₹ 3 Cr in just 9 months, indicating strong market acceptance and demand.
The company strategically established more than 10 authorized dealers across four states, extending its market presence and strengthening its distribution network to serve a diverse customer base efficiently.
Power EV ensures product quality by subjecting every bike to a rigorous quality check process, including 107 quality checks, before it reaches customers or dealers, emphasizing a commitment to delivering reliable and high-quality electric motorcycles.
N Sai Sameer Reddy, the visionary entrepreneur behind Power EV, combines a strong educational background in Business Management from the UK with a 30+ year family legacy in the automobile industry, fostering a deep understanding of market dynamics. His unwavering commitment to sustainability aligns with global concerns about climate change, while his customer-centric approach, industry knowledge, and passion for electric mobility contribute to Power EV's success.