Company Intelligence Profile
Alt Nrg Private Limited
Alt Nrg Private Limited operates under the consumer brand "Alt Mobility," India's electric-vehicle (EV) leasing and asset-management provider.
Last updated 4 August 2026
Alt Nrg Private Limited operates under the consumer brand "Alt Mobility," providing electric-vehicle leasing and asset management services in India. The company manages over 16,000 vehicles with assets exceeding ₹350 Crore, and reported a revenue of ₹63.4 Crore in FY2025, experiencing a 122% year-over-year growth. It also offers a wide-reaching support network including 7,000+ charging stations.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Alt Nrg Private Limited |
|---|---|
| CIN | U40106DL2020PTC364111 |
| PAN | AATCA4993Q |
| Status | Active (Compliant); trades under the brand "Alt Mobility" — confirmed by the site footer copyright "ALT NRG PVT LTD" on alt-mobility.com |
| Listing | Unlisted private company |
| Incorporated | 29 May 2020 |
| ROC | RoC Delhi |
| Sector (NIC) | Electricity, Gas & Water — "Distribution of solar energy and low-carbon solutions" per Tofler NIC mapping |
| Registered address | FFS-8, Ansal Chamber-1, 3 Bhikaji Cama Place, New Delhi, Delhi 110066 |
| Authorized capital | ₹1.15 crore |
| Paid-up capital | ₹57.38 lakh vs ₹57.69 lakh — minor source conflict, both roughly ~₹57.4-57.7 lakh |
Business Overview
- Alt Nrg Private Limited operates under the consumer brand "Alt Mobility," India's electric-vehicle (EV) leasing and asset-management provider
- It offers EV leasing across 30+ models, an integrated fleet asset-management platform (FleetOS), all-inclusive lease packages (registration, insurance, maintenance, telematics), 24/7 fleet support, and access to a network of 7,000+ charging stations and 150+ service garages for B2B fleets, individual drivers and corporate employees
- Reported scale: 16,000+ vehicles leased, ₹350 Cr+ assets under management (AUM), operations in 37+ cities, claimed ₹150 Cr in fuel-cost savings and 67.8 Cr Kg/year carbon offset
- DPIIT-recognised startup
- Workforce: ~61 employees per EPFO registration data
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Manas Arora | 07324659 | - | - |
| Dev Arora | 07095205 | - | - |
| Anuj Gupta | 07442134 | - | - |
| Christine Vincent | 08797104 | - | - |
| Karan Mittal | 06482693 | - | - |
Financials
- Total Revenue +127.04% YoY, EBITDA +31.59% YoY, Net Worth +763.1% YoY, Borrowings -24.0% YoY
- operating revenue range stated as INR 1 Cr - 100 Cr for FY ending 31 Mar 2024. FY2025: Revenue ₹63.4 Crore (+122% YoY). Standalone vs consolidated basis not specified by either source. PAT/net worth/borrowings absolute values: not obtained. Note: the two sources report different fiscal years' revenue growth — treat as partial/directional, not a confirmed absolute figure
Charges/Loans
- (1) Tofler's charges detail lists HDFC Bank Limited (2 charges, ~₹0.3 Cr dated 4 Sep 2024 and ~₹0.2 Cr dated 30 Nov 2023, total ~₹0.5 Cr) and The Hongkong and Shanghai Banking Corporation Limited (1 charge, ~₹0 Cr / rounded, dated 25 Apr 2023)
- (2) TheCompanyCheck's summary instead states materially larger aggregate figures: Open Charges ₹106.77 Crore and Satisfied Charges ₹11.33 Crore, without a lender-by-lender breakdown
- These two figures are not reconcilable from the sources fetched — flagging as an unresolved conflict rather than reporting one as authoritative
- Likely explanation: Tofler's line-items may be showing only recently modified/small charges while the aggregate reflects the full charges register (asset-financing SPV structure typical for an EV-leasing business), but this is not confirmed
Competitors
- EV leasing / fleet-asset-management peers in India (named, comparable-stage/scale players): (1) Vogo Automotive / Yulu (EV/scooter mobility-as-a-service — different model but overlapping fleet space), (2) Zypp Electric (EV leasing for last-mile delivery fleets — comparable early/growth-stage scale), (3) Battery Smart (EV battery-swapping infra, adjacent segment, similarly funded growth-stage startup), (4) Euler Motors (EV OEM + financing arm — larger, product-manufacturing-led), (5) Turno (EV asset financing/leasing marketplace — closely comparable direct competitor), (6) Vecmocon / Chalo-adjacent EV fleet financing players
- Note: this list is compiled from general market knowledge of the Indian EV-leasing/fleet space (not independently source-verified line-by-line in this pass) — treat as indicative peer set, not confirmed via a dedicated competitor-analysis source
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