What does Raft Motors Private Limited do?

Raft Motors Private Limited is an electric two-wheeler company incorporated in 2019 and headquartered in Vasai, Maharashtra. It operates in the EV automotive segment, focused on manufacturing or distributing electric two-wheelers in India.

When was Raft Motors Private Limited incorporated?

The company was incorporated in 2019 and is registered under CIN U52100MH2019PTC331701 with the Registrar of Companies, Maharashtra.

Is Raft Motors planning an IPO?

No IPO plans are publicly known for Raft Motors Private Limited as of the available information. It remains a private unlisted company.

How do I buy Raft Motors unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Raft Motors?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Raft Motors shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Raft Motors Unlisted Share Price | Buy Raft Motors Pre-IPO Shares — wisefolio

Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

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Raft Motors Unlisted Share Price | Buy Raft Motors Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Raft Motors Private Limited is an early-stage electric two-wheeler company incorporated in 2019 in Maharashtra. While it operates in a high-growth sector with strong tailwinds, the company has no publicly available financials and faces intense competition from larger, better-capitalized EV players.

Pros

Electric vehicle manufacturer — "Raft Cosmic EV" brand; models: Warrior (Street Fighter), Indus (Range King), Magnetic, Zanskar; revenue ₹102 Cr (FY2024-25) — strong growth for a 6-year-old EV startup.
Acquired by Cosmic Birla Group (Aditya Vikram Birla as director) — strong promoter backing; Vasai-Virar, Maharashtra — Mumbai Metro Region industrial cluster.
EV two-wheeler sector with government FAME subsidies tailwind; 25 employees building an asset-light model; dealerships/showrooms expanding across Maharashtra.

Cons

Private limited (PTC) — unlisted; no secondary market liquidity; paid-up capital not confirmed.
EV two-wheeler sector is highly competitive: Hero Electric, Ather, Ola Electric, TVS iQube dominate; Raft is a regional/smaller player.
Incorporated only December 2019 — 6 years old; revenue ₹102 Cr is promising but sustainability vs. larger funded rivals uncertain.
EV sector: battery cost pressures, FAME subsidy policy uncertainty, charging infrastructure gaps in Tier-2/3 cities.

Business Segments

Electric Two-Wheelers (Raft Cosmic EV)

Manufacturing and sale of electric scooters under "Raft Cosmic EV" brand; models: Warrior (Street Fighter), Indus (Range King), Magnetic, Zanskar; Vasai, Maharashtra; websites: raftmotors.com, raftcosmicev.in.

Revenue Model

Revenue likely generated through sale of electric two-wheeler vehicles to end consumers and/or dealers, potentially supplemented by after-sales services and spare parts.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds8

Growth Plans

Scale up production capacity as EV demand grows

Expand dealer network beyond Maharashtra

Industry Tailwinds

Indian EV two-wheeler market growing at 40%+ CAGR

Government FAME III subsidy expected to extend support

Recent Developments

Revenue ₹102 Cr

Raft Motors Private Limited reported revenue of ₹102 Cr for FY2024-25; 25 employees as of May 2025; strong growth trajectory.

FY2024-25

Acquired by Cosmic Birla Group

Raft Motors acquired by Cosmic Birla Group; rebranded as Raft Cosmic EV; Aditya Vikram Birla joined as director; new EV model lineup launched.

2022-23

Comparable Companies

CompanyTypeTickerMkt Cap

Ola Electric Mobility LtdListedOLAELECTRIC~20000 Cr

Hero MotoCorp LtdPE: ~20xxListedHEROMOTOCO~55000 Cr

Ola Electric Mobility LtdListed

OLAELECTRIC · ~20000 Cr

Hero MotoCorp LtdListed

HEROMOTOCO · ~55000 Cr

PE: ~20xx

Frequently Asked Questions

About Raft Motors

Raft Motors Private Limited is an electric two-wheeler startup founded in October 2019, incorporated under the Companies Act 2013. Based in Vasai, Palghar District, Maharashtra, the company develops and sells electric scooters targeting the mass-market urban commuter segment in India. The company operates under the registered address at S. No. 80, Unit No. 105 and 106, Centre Point, Sativali Road, Waliv Phata, Vasai (East), Palghar, Maharashtra. Raft Motors participates in the rapidly expanding Indian electric two-wheeler market, which has seen explosive growth post-2021 driven by FAME II subsidies, rising fuel prices, and increasing consumer awareness of EV benefits. The company designs scooters for everyday urban commuting, competing in a market that includes players such as Ola Electric, Ather Energy, TVS iQube, and Bajaj Chetak Electric. The company was incorporated by three co-founders: Parivesh Shukla, Rohit Kumar Tibrewal, and Saugata Saha. With an authorized share capital of Rs. 5 crore and paid-up capital of Rs. 2.275 crore, Raft Motors remains at an early stage of commercial scale-up. The company's NIC classification under 'non-specialized retail trade in stores' suggests it may also operate as a multi-brand dealer or distributor alongside its own product line. The Indian EV two-wheeler market is expected to grow at a CAGR of over 40% through 2030, creating opportunities for niche players who can offer competitive pricing, range, and after-sales service. However, capital intensity, competition from funded incumbents, and battery supply chain challenges remain significant hurdles for early-stage entrants like Raft Motors. The company is registered with the Registrar of Companies, Mumbai, and has been active since its incorporation in October 2019.

Key Milestones

Incorporated December 16, 2019 in Maharashtra (CIN: U52100MH2019PTC331701) — Vasai, Palghar

Common questions about unlisted shares

How do I buy Raft Motors unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?
Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

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