Readily Mobility Solutions Private Limited on Tuesday announced that it has initiated the process of converting into a public company as it prepares for an Initial Public Offering (IPO), underscoring its ambition to emerge as India’s leading clean-energy after-sales platform.
The company is evaluating an IPO of around ₹100 crore at a proposed valuation in the range of ₹700–750 crore. The final size and valuation of the issue will be subject to prevailing market conditions, regulatory approvals and discussions with its advisors.
As part of its transition toward becoming a listed entity, Readily Mobility is strengthening its governance and leadership structure. The company plans to expand its Board of Directors with the induction of Shivani Agarwal and Smiriti Makharia as full-time directors, adding greater depth in strategy, finance and execution. Advocate Jash Dalia has also been appointed as legal counsel to guide the conversion into a public company and support the IPO process and ongoing compliance framework.
Commenting on the development, Hiteshh Sharma, Founder and CEO of Readily Mobility Solutions Pvt. Ltd., said the proposed IPO represents more than a financial milestone. “Readily Mobility is building a clean-energy aftersales ecosystem that supports every EV on the road and every solar panel on the rooftop. As we enter the next chapter, our commitment is to scale responsibly, innovate relentlessly and create long-term value for India’s mobility and energy transition,” he said.
Founded on electric-vehicle aftersales services, Readily has diversified rapidly into solar commissioning and operations and maintenance (O&M). The company currently has an executed and ongoing commissioning portfolio of approximately 700–800 MW across utility-scale as well as commercial and industrial solar projects.
Leveraging national initiatives such as the PM-KUSUM scheme, which promotes decentralised solar solutions for agriculture and small producers, Readily is now entering the B2C and small-scale rooftop solar segments to tap into India’s fast-growing distributed solar market.
By integrating EV aftersales, solar O&M and emerging B2C rooftop offerings under a technology-enabled, asset-light model, the company aims to position itself as a differentiated clean-energy aftersales platform serving OEMs, fleet operators, farmers and households.
The proposed IPO is expected to provide growth capital to expand its service network, invest in technology and deepen participation in programmes such as PM-KUSUM and rooftop solar initiatives, aligning with India’s broader push toward sustainable mobility and clean energy adoption.
Formerly known as Sahayata Global Assistance Pvt. Ltd., Readily Mobility was founded in 2016 by Hiteshh Sharma and operates as a bootstrapped enterprise. The company has evolved into a one-stop platform for automobile aftersales services and clean-energy support solutions and is now preparing to expand its B2C rooftop solar offerings across India.
