- CEO
- Srinath Narayanan
- Sector
- Industrials
- Industry
- Industrial - Distribution
- Address
- Kiepe Platz 1 Düsseldorf Germany 40599
- IPO Date
- Dec 27, 2021
- Business
- Heramba Electric plc operates as a global provider of electric mobility solutions for rail vehicles and buses, designed as a systems integrator and electrical engineering partner for urban public transport networks. The company focuses on electrification technologies for rail vehicle systems (including trams, light rail vehicles, metros, regional trains and locomotives) and electric vehicle systems (including battery electric buses and charging solutions), serving public transport operators, fleet managers, and vehicle manufacturers. Headquartered in Ireland with subsidiary and regional operations internationally, the group develops and delivers integrated electrical architectures, power electronics, propulsion systems, charging infrastructure, and on-site service support across urban mobility applications.
MANDATORY – Main Products and Services
- Rail vehicle electrification systems: propulsion drives, traction converters, energy recovery, control software, interoperability with signaling; systems integration for trams, light rail, metros, regional trains, and locomotives
- Electric bus solutions: battery electric buses, charging strategies (static and dynamic/in-motion charging concepts), power electronics, vehicle integration, and maintenance services
- Charging infrastructure: on-site and depot charging solutions, charging hardware and software platforms, interoperability with transit fleets, managed charging and grid integration services
- System integration and engineering services: turnkey design, installation, testing, and commissioning of RVS and EVS, electrical system engineering, safety certification support, and after-market service
- After-sales and service support: on-site maintenance, remote monitoring, spares provisioning, and lifecycle management for electrification systems
MANDATORY – Latest Major Company Changes
- Strategic partnerships and alliances: forms collaborations with transit authorities and vehicle manufacturers to implement electrification projects and upgrade fleet efficiency; expands ecosystem through partnerships to deliver end-to-end mobility solutions
- Funding and acquisitions: engages in financing rounds or strategic investments to scale electrification capacity and service networks, seeking capital to expand manufacturing capabilities and regional support
- Product launches and expansions: introduces upgraded battery technology and dynamic charging capabilities for urban tram networks; expands portfolio to include advanced charging infrastructure and integrated energy management platforms
- Business restructurings: undergoes organizational adjustments to strengthen global operations and regional market focus, including potential rebranding or corporate restructurings to align with growth strategy
- Operational changes: expands servicing footprint and regional installation teams; scales project management and delivery capabilities to support multiple large-scale public transit electrification deployments simultaneously
Additional Context
- Industry and segments: urban mobility electrification; rail vehicle systems; electric buses; charging infrastructure; systems integration; after-sales services
- Target markets: public transport operators, city transit authorities, fleet operators, and rail/bus vehicle manufacturers
- Geographic operations: global footprint with activities in Europe, North America, and other regions; headquarters in Ireland with international subsidiaries and service networks
- Founding year and headquarters: established in the early 2020s; headquarters located in Ireland
- Subsidiaries/parent relationships: operates through a subsidiary structure including engineering and systems integration entities aligned with Kiepe Electric brand activities in rail and EV electrification ecosystems
Note: The description relies on publicly available reporting about Heramba Electric plc (PITEF), including its focus on electrification systems for rail and road urban mobility and recent efforts around partnerships, capacity expansion, and product enhancements in the last 1–2 years. For precise, up-to-date details on specific partnerships, project wins, and corporate actions, refer to the company’s official disclosures and market filings.