Ward Wizard Innovations & Mobility Limited, formerly known as Manvijay Development Company Limited was incorporated on October 20, 1982. Earlier, the Company engaged into development of real estate activities & investment in group Company. There was change in the management & control of the Company during the year 2019-20 & new management took the control of the Company from 1st October, 2019 and changed their business activities to manufacturing/trading of electrical vehicles; scooters; by-cycles; electronic goods; home appliances; hospitality sector; herbal & ayurvedic sector & real estate sector. In addition to new business activities, the name of the Company was changed from 'Manvijay Development Company Limited' to 'Wardwizard Innovations & Mobility Limited' on February 15, 2020.
Currently, the Company has a production capacity of 400,000 units of Electric Scooters and bikes per year on a three-shift plan. Besides, it manufactures 12 scooters and bikes variants under the brand name Joy e-bike. The Company has 750+ dealership touchpoints.
Wardwizard's flagship brand 'Joy e-bike' peddled its way into the EV segment by first introducing electric bicycles in year 2016. The Company inaugurated one of India's largest electric two-wheelers plant in 2017. It launched Joy e bike butterfly, honeybee low speed electric scooter during October, 2018; it launched e- Monster Bike in 2019 and later on Thunderbolt, Hurricane, Beast, and Skyline in January, 2021. It launched 4-high ... performance bike variants of Joy E Bike. In FY 2022, it commissioned the automated assembly product line business. In September, 2022 the Company established the R&D Centre under its wholly owned subsidiary, Wardwizard Global Pte. Ltd., in Singapore.
In January 2023, Company launched 'the all-new Made in India's electric scooter MIHOS and unveiled a high-speed electric bike named Rockefeller'. It launched the Joy E-Rik'. Joy E Bike is the sole manufacturer and 1st in EV market to come up with different EV models. Further, it opened the First Distributor Showroom. In March 2023, it commenced 1 GWh Lithium-Ion Battery Assembly Line.
In 2024, Company added 150+ showroom distributors across India. It expanded manufacturing capabilities by inaugurating a new 15,000 sq. ft. assembly facility in Deoghar, Jharkhand. It acquired a 4 million square foot property to establish the EV Ancillary Cluster. It launched Nemo (high-speed two-wheeler), L3 garbage vehicle, L3 & L5 category passenger EVs, and commercial EV loaders, diversifying its mobility solutions.
In 2025, Company launched new models in threewheeler segment, including E-cart Garbage Container and E-Loader. It expanded the electric fleet with over 400 two-wheelers deployed in Kolkata, Pune, and Ahmedabad.
FAQs on Wardwizard Innovations & Mobility Ltd
1. Can I buy Wardwizard Innovations & Mobility Ltd from PL Capital? ›
Yes, you can invest in Wardwizard Innovations & Mobility Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Wardwizard Innovations & Mobility Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Wardwizard Innovations & Mobility Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Wardwizard Innovations & Mobility Ltd pay dividends? ›
Yes, Wardwizard Innovations & Mobility Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Wardwizard Innovations & Mobility Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Wardwizard Innovations & Mobility Ltd ? ›
As of
05-Feb-2026 , 11:17:50 the share price for Wardwizard Innovations & Mobility Ltd. is ₹ 7.69 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Wardwizard Innovations & Mobility Ltd ? ›
The 52-week high and low of Wardwizard Innovations & Mobility Ltd share price is ₹ 5.05 - ₹ 34.2 as of
05-Feb-2026 , 11:17:50 .
