About BGS Power Solutions Private Limited
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BGS Power Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 12 November 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U40300TN2012PTC088489. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sargunan Appasamy and Nallasivam Krishnan Subramanian.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 7 A Block Ishwaryam Avenue Rani Street Somu Nagar Medavakkam, Chennai, Tamil Nadu, India – 600010.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.63 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹85,606 (net margin -52.4%) and EBITDA of -₹1.13 Lakh (EBITDA margin -69%).
The last known website on record is bgs-power.com.
Company details
Contact details
BGS Power Solutions Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address7 A Block Ishwaryam Avenue Rani Street Somu Nagar Medavakkam, Chennai, Tamil Nadu, India – 600010
- IndustryTrading, Retailers, Retail Trading
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of BGS Power Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of BGS Power Solutions Private Limited, buy the company report.
Financials of BGS Power Solutions Private Limited
FY 2016 filings availableBGS Power Solutions Private Limited reported revenue of ₹1.63 Lakh (down 93% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA fell 177% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | -₹1.13 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹85,606 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -69% | |
| Net Profit Margin | -52.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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To see the full financial statements and ratios of BGS Power Solutions Private Limited, buy the company report.
Board of directors of BGS Power Solutions Private Limited
BGS Power Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sargunan Appasamy | Director | 20 Jun 2013 | 13 Years 4 Months | As last reported |
| Nallasivam Krishnan Subramanian | Director | 12 Nov 2012 | 13 Years 11 Months | As last reported |
Peer comparison
BGS Power Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rich Car Mats Private Limited | ₹1.64 Lakh (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| Sinha Thermal Energy Private Limited | ₹1.64 Lakh (FY 2024) | Patna, Bihar, India | ||||
| Maashyamalai Women Agro Producer Company Limited | ₹1.64 Lakh (FY 2017) | Hinjilicut, Odisha, India | ||||
| Shafaque Designs Private Limited | ₹1.63 Lakh (FY 2025) | -31.0% | Mumbai, Maharashtra, India | |||
| Good Life Surgical & Healthcare Private Limited | ₹1.63 Lakh (FY 2024) | -88.0% | Patna, Bihar, India | |||
| BGS Power Solutions Private Limitedthis company | ₹1.63 Lakh (FY 2016) | -₹85,606 | -52.4% | -93.0% | Chennai, Tamil Nadu, India | |
| Shaolin Business Development Marketing System Private Limited | ₹1.63 Lakh (FY 2023) | 171.0% | Jyotiba Phule Nagar, Uttar Pradesh, India | |||
| Rockfin Minerals India Private Limited | ₹1.63 Lakh (FY 2024) | 1.0% | Hyderabad, Telangana, India | |||
| Hakiro Pharmaceuticals Private Limited | ₹1.63 Lakh (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Purna Sales Private Limited | ₹1.63 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Durgeji Electrot-Ech Private Limited (OPC) | ₹1.63 Lakh (FY 2019) | 200.0% | Patna, Bihar, India |
To see the full peer comparison of BGS Power Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving BGS Power Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for BGS Power Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
BGS Power Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of BGS Power Solutions Private Limited, buy the company report.
Recent activity
BGS Power Solutions Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Ganapathy Shenbagaraman ceased to be Director on 20 Jun 2013.
Frequently asked questions
BGS Power Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
BGS Power Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retailers, within the trading industry. It was incorporated on 12 November 2012 and is registered under CIN U40300TN2012PTC088489. The company has been struck off by the Registrar of Companies and is no longer operational.
BGS Power Solutions had 2 directors:
- Sargunan Appasamy - Director
- Nallasivam Krishnan Subramanian - Director
The CIN (Corporate Identification Number) of BGS Power Solutions is U40300TN2012PTC088489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of BGS Power Solutions is at 7 A Block Ishwaryam Avenue Rani Street Somu Nagar Medavakkam, Chennai, Tamil Nadu, India – 600010.
BGS Power Solutions was incorporated on 12 November 2012. It is registered with the Registrar of Companies, Chennai.
BGS Power Solutions can be reached through the website bgs-power.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of BGS Power Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. BGS Power Solutions has 1 GST registration on record and it is cancelled or inactive.
BGS Power Solutions operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of BGS Power Solutions by revenue are Rich Car Mats Private Limited, Sinha Thermal Energy Private Limited, Maashyamalai Women Agro Producer Company Limited, Shafaque Designs Private Limited, Good Life Surgical & Healthcare Private Limited and 5 more, all in the same principal business activity (retail trading).