About Niranjan Power Solutions Private Limited
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Niranjan Power Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 18 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31908KA2013PTC068197. Its GSTIN is 29AAECN3396B1ZE (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Narasimhappa Narasimhamurthy (Managing Director) and Munishamappa Manjula.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No 300 12th Main Road 22nd Cross 7th Sector H S R Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.54 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Lakh (net margin 6.4%) and EBITDA of ₹2.49 Lakh (EBITDA margin 12.7%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 33% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meenakshipower.com.
Company details
Contact details
Niranjan Power Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is meenakshipower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 300 12th Main Road 22nd Cross 7th Sector H S R Layout, Bangalore, Karnataka, India – 560102
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Niranjan Power Solutions Private Limited, buy the company report.
- 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 Niranjan 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 Niranjan Power Solutions Private Limited, buy the company report.
Financials of Niranjan Power Solutions Private Limited
FY 2021 filings availableNiranjan Power Solutions Private Limited reported revenue of ₹19.54 Lakh (down 65% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 65% fall in the latest year. EBITDA fell 46% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹2.49 Lakh | ||||
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| Net Profit (PAT) | ₹1.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Niranjan Power Solutions Private Limited, buy the company report.
Board of directors of Niranjan Power Solutions Private Limited
Niranjan Power Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munishamappa Manjula | Director | 18 Mar 2013 | 13 Years 7 Months | Current |
| Narasimhappa Narasimhamurthy | Managing Director | 18 Mar 2013 | 13 Years 7 Months | Current |
| Ganjalaghutta Shankariah Srinivas | Additional Director | 08 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Niranjan Power Solutions Private Limited is audited by KUMAR AND KUMARA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR AND KUMARA | FY 2019 | 014529S |
Shareholding
The shareholding of Niranjan Power Solutions Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Niranjan Power Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Niranjan 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 Niranjan Power Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Niranjan Power Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN3396B1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Niranjan Power Solutions Private Limited, buy the company report.
Recent activity
Niranjan Power Solutions Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Ganjalaghutta Shankariah Srinivas was appointed as Additional Director on 08 Jul 2020.
Frequently asked questions
Niranjan Power Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 18 March 2013 (13+ years old) and is registered under CIN U31908KA2013PTC068197.
Niranjan Power Solutions has 3 current directors:
- Narasimhappa Narasimhamurthy - Managing Director
- Munishamappa Manjula - Director
- Ganjalaghutta Shankariah Srinivas - Additional Director
The latest financial statements of Niranjan Power Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Niranjan Power Solutions is 29AAECN3396B1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Niranjan Power Solutions is U31908KA2013PTC068197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niranjan Power Solutions was incorporated on 18 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Ganjalaghutta Shankariah Srinivas was appointed as Additional Director on 08 Jul 2020. Munishamappa Manjula was appointed as Director on 18 Mar 2013. Narasimhappa Narasimhamurthy was appointed as Managing Director on 18 Mar 2013.
Niranjan Power Solutions can be reached through the website meenakshipower.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Niranjan Power Solutions is at No 300 12th Main Road 22nd Cross 7th Sector H S R Layout, Bangalore, Karnataka, India – 560102.
Niranjan Power Solutions operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
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