- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0050075

About Shiora Solutions Private Limited
Data last updated:
Shiora Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 13 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51109KA2015PTC078830. Its GSTIN is 29AAVCS4478C1ZP (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14 Lakh. It is led by directors Balakrishnan Rajeshkumar and Sanaat Srinvasan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.2222 15th B Cross 21st A Main Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2022, the company reported a revenue of ₹60.19 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Lakh (net margin 2.5%) and EBITDA of ₹3.82 Lakh (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 8% over five years.
Shiora Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0050075). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shiorasolutions.com.
Company details
Recognitions & Rankings of Shiora Solutions
Contact details
Shiora Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is shiorasolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.2222 15th B Cross 21st A Main Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryEducation, Office & School Supplies
To see the full contact details of Shiora 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 Shiora 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 Shiora Solutions Private Limited, buy the company report.
Financials of Shiora Solutions Private Limited
FY 2022 filings availableShiora Solutions Private Limited reported revenue of ₹60.19 Lakh (down 29% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 29% fall in the latest year. EBITDA rose 112% 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 | ₹3.82 Lakh | ||||
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| Net Profit (PAT) | ₹1.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Shiora Solutions Private Limited, buy the company report.
Board of directors of Shiora Solutions Private Limited
Shiora Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanaat Srinvasan Also directs: Roomie Stay Solutions LLP, Connect Xenia Services Private Limited | Additional Director | 25 Nov 2016 | 9 Years 11 Months | Current |
| Balakrishnan Rajeshkumar | Director | 13 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Shiora Solutions Private Limited is audited by D C M & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D C M & CO | FY 2020 | 013189S |
Shareholding
The shareholding of Shiora Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shiora Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shiora 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 Shiora Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shiora Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS4478C1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shiora Solutions Private Limited, buy the company report.
Recent activity
Shiora Solutions Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Sheetal Mohan ceased to be Director on 19 Feb 2020.
Frequently asked questions
Shiora Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in office and school supplies, within the education industry. It was incorporated on 13 February 2015 (11+ years old) and is registered under CIN U51109KA2015PTC078830.
Shiora Solutions has 2 current directors:
- Sanaat Srinvasan - Additional Director
- Balakrishnan Rajeshkumar - Director
The latest financial statements of Shiora Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Shiora Solutions is 29AAVCS4478C1ZP, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shiora Solutions is U51109KA2015PTC078830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shiora Solutions was incorporated on 13 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Sheetal Mohan ceased to be Director on 19 Feb 2020. Sanaat Srinvasan was appointed as Additional Director on 25 Nov 2016. Balakrishnan Rajeshkumar was appointed as Director on 13 Feb 2015.
Yes, Shiora Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0050075).
Shiora Solutions can be reached through the website shiorasolutions.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shiora Solutions is at No.2222 15th B Cross 21st A Main Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102.