What does Raymotos Private Limited do?

Raymotos Private Limited is an Ambala-based company operating in the electric two-wheeler segment. It is registered with the Registrar of Companies, ROC Chandigarh, and is associated with directors linked to the Munjal group (Hero Motors Limited), including Pankaj Munjal.

Who are the key directors of Raymotos Private Limited?

Key directors associated with Raymotos Private Limited include Sheeba Dhamija, Ritesh Kumar Agrawal, and Pankaj Munjal. Pankaj Munjal is notably the Chairman & Managing Director of Hero Motors Limited, a Munjal family entity in the two-wheeler space.

When was Raymotos Private Limited incorporated?

Raymotos Private Limited was incorporated in 2020 and is registered with the Registrar of Companies, Chandigarh (CIN: U74999HR2020PTC085598). It is classified as a private limited non-government company based in Ambala, Haryana.

Is Raymotos Private Limited listed on any stock exchange?

No, Raymotos Private Limited is a private limited company and is not listed on BSE or NSE. It does not have a publicly registered ISIN and shares are not publicly traded.

What is the connection between Raymotos and Hero Motors?

Raymotos Private Limited shares directorship connections with Hero Motors Limited through individuals like Pankaj Munjal, suggesting a strategic or promoter-level link to the Munjal family's automotive interests, though Raymotos appears to operate as a separate entity focused on electric two-wheelers.

How do I buy Raymotoss 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 Raymotoss?

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 Raymotoss 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.

Raymotoss Unlisted Share Price | Buy Raymotoss Pre-IPO Shares — wisefolio

Investment Thesis

Raymotos Private Limited is a 2020-incorporated electric two-wheeler company based in Ambala, Haryana, with directorship ties to the Munjal family's automotive legacy. While the EV two-wheeler market offers substantial growth opportunities in India, Raymotos operates as a private, early-stage entity in an intensely competitive segment. The Munjal connection provides credibility, but public financial data and operational scale remain undisclosed.

Pros

Associated with the Munjal family (Pankaj Munjal), which has deep roots in India's two-wheeler industry through Hero Motors Limited, lending credibility to the venture
Operates in the electric two-wheeler (E2W) segment, one of India's fastest-growing automotive categories with strong policy tailwinds (FAME-II, state EV subsidies)
Based in Ambala, Haryana — a region with established automotive component manufacturing ecosystem and proximity to Delhi-NCR markets
Incorporated in 2020, positioning it as an early mover in the EV two-wheeler space during the initial wave of India's EV transition

Cons

E2W market is intensely competitive with well-funded players like Ola Electric, Ather Energy, TVS iQube, and Bajaj Chetak, making market share capture challenging
Incorporated in 2020, meaning limited operating history and unproven scale
Private company structure limits external capital raising options and investor liquidity

Business Segments

Electric Two-Wheelers

Design, manufacture, or distribution of electric two-wheelers targeting Indian consumers

Revenue Model

Raymotos is expected to generate revenue through the sale of electric two-wheelers (scooters/motorcycles) directly to consumers or through dealer networks. Revenue model likely includes vehicle sales and potentially after-sales services.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

India's EV adoption acceleration driven by FAME subsidies, rising petrol prices, and state-level EV policies

Growing consumer acceptance of electric two-wheelers in Tier-2 and Tier-3 cities

Industry Tailwinds

India's EV adoption acceleration driven by FAME subsidies, rising petrol prices, and state-level EV policies

Growing consumer acceptance of electric two-wheelers in Tier-2 and Tier-3 cities

Recent Developments

Operations in growing Haryana EV market

Raymotoss continues to operate in the North Indian EV two-wheeler market, which benefits from Haryana state's EV policy offering subsidies and road tax exemptions for electric vehicles.

2024

Comparable Companies

CompanyTypeTickerMkt Cap

Ola Electric MobilityListedOLAELEC~30,000 Cr

TVS Motor CompanyListedTVSMOTOR~90,000 Cr

Hero MotoCorpListedHEROMOTOCO~70,000 Cr

Ola Electric MobilityListed

OLAELEC · ~30,000 Cr

Frequently Asked Questions

About Raymotoss

Raymotos Private Limited (branded as Raymotoss) is an Indian electric two-wheeler manufacturing company incorporated on 26 February 2020 in Haryana. The company is headquartered at Plot No. 85, Phase 1, Saha Industrial Area, Ambala, Haryana — 133104. Ambala is a significant industrial hub in Haryana with strong manufacturing infrastructure and connectivity to Delhi NCR markets. Raymotoss designs and manufactures electric scooters and electric two-wheelers for urban commuters in India, participating in one of the world's fastest-growing EV markets. India's electric two-wheeler market surpassed 9 lakh units in FY2024, driven by FAME II subsidies, rising petrol prices, and growing consumer adoption of sustainable transportation. The company's founders include Shalan Arora and Vibha Arora, with Shivani Kaushik and Mukesh Kumar also serving as directors. The Arora family appears to be the primary promoter group. With a base in Saha Industrial Area — one of Haryana's major RIICO-developed industrial estates — Raymotoss benefits from proximity to component suppliers and logistics networks. The Indian electric two-wheeler startup ecosystem has seen significant consolidation and investment activity since 2020. While established players like Ola Electric (IPO 2024), Ather Energy, and Hero MotoCorp's Vida brand dominate, smaller manufacturers like Raymotoss serve niche markets and regional demand. The company competes on price accessibility and local service availability in North Indian markets. Unlock opportunities exist as India's government targets 30% EV penetration in two-wheelers by 2030.

Key Milestones

Incorporated in 2020 in Ambala, Haryana during India's early EV transition phase

Common questions about unlisted shares

How do I buy Raymotoss 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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