About Skybless Private Limited
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Skybless Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the power epc segment of the energy and power sector. It was incorporated on 05 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC294740. Its GSTIN is 27AAYCS6266K1ZB (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.29 Cr. It is led by directors Heramb Ranade and Mugdha Heramb Ranade.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 83/84 Symphony Chandivali Andheri (East), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.26 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹1.27 Lakh (net margin -29.9%) and EBITDA of ₹2,930 (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 39% over five years.
The company is associated with 1 brand: SkyBless. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹86.7 Lakh; the latest was in December 2022. Its 10 peer companies in the Cleantech industry (EPC, BoP and BTG, Energy Solutions) are compared by revenue, 5 larger and 5 smaller; the largest is Tesla Solar Private Limited with revenue of ₹4.39 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skybless.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 83/84 Symphony Chandivali Andheri (East), Mumbai, Maharashtra, India – 400072
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- 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
- One PDF report, delivered after checkout
Business Activity of Skybless Private Limited
The main business activity of Skybless is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Skybless Private Limited FY 2025 filings available
Skybless Private Limited reported revenue of ₹4.26 Lakh (down 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Skybless Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 91% fall in the latest year. EBITDA rose 100% 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 of Skybless Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2,930 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.27 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Skybless Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Skybless are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Skybless Private Limited
Skybless Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (EPC, BoP and BTG, Energy Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tesla Solar Private Limited | ₹4.39 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | Chennai, Tamil Nadu, India |
| Sharp Cleantech Infra Private Limited | ₹4.38 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Renowatt Infinite Energy Private Limited | ₹4.31 Lakh (FY 2024) | •••• | •••• | •••• | Haveri, Karnataka, India | |
| Giga Electrical Private Limited | ₹4.3 Lakh (FY 2025) | •••• | •••• | 506.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Synapse Energy Solutions Private Limited | ₹4.27 Lakh (FY 2019) | •••• | •••• | 1877.0% | •••• | Palghar, Maharashtra, India |
| Skybless Private Limited this company | ₹4.26 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Mumbai, Maharashtra, India |
| Eleqzee Energy Solutions Private Limited | ₹4.25 Lakh (FY 2023) | •••• | •••• | •••• | Jhansi, Uttar Pradesh, India | |
| Sangam Smesco Private Limited | ₹4.25 Lakh (FY 2023) | •••• | •••• | 383.0% | •••• | Mumbai, Maharashtra, India |
| Naba Power Private Limited | ₹4.25 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Chargekart Private Limited | ₹4.25 Lakh (FY 2025) | •••• | •••• | -31.0% | •••• | Hyderabad, Telangana, India |
| Tokere Energy Solutions Private Limited | ₹4.24 Lakh (FY 2025) | •••• | •••• | 2727.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Skybless by revenue in the Cleantech industry (EPC, BoP and BTG, Energy Solutions), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Skybless Private Limited
Skybless Private Limited is audited by V.A. Bapat & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.A. Bapat & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Skybless Private Limited
Skybless has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mugdha Heramb Ranade | Additional Director | 31 Mar 2025 | 1 Years 6 Months | Current |
| Heramb Ranade Also directs: Uvtv Digital Private Limited | Director | 05 May 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Skybless Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Skybless Private Limited
Skybless Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Skybless Private Limited
Skybless Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹86.7 Lakh; the latest was in December 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Funding round | ₹39.7 Lakh | Investors: Silres Energy Solutions Private Limited |
| Feb 2020 | Funding round | ₹47 Lakh | Investors: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2017 | Rights issue | ₹74 Lakh | Investors: Agami Ventures LLP , 3 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Skybless Private Limited
Skybless operates one associated brand: SkyBless. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of P2P power-sharing platform | skybless.in |
Employees and EPFO Compliance at Skybless Private Limited
Employment history and EPFO contributions of people linked to Skybless.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Skybless Private Limited
Skybless Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Mugdha Heramb Ranade was appointed as Additional Director on 31 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Skybless Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Skybless Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Skybless Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Skybless Private Limited
Skybless has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS6266K1ZB | Maharashtra | Active | 09 Nov 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Skybless Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Skybless Private Limited
Skybless is an active private limited company based in Mumbai, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 05 May 2017 (9+ years old) and is registered under CIN U74999MH2017PTC294740.
Skybless reported revenue of ₹4.26 Lakh for FY 2025 (down 91% YoY).
Skybless has 2 current directors:
- Mugdha Heramb Ranade - Additional Director
- Heramb Ranade - Director
Skybless reported a net loss of ₹1.27 Lakh (net margin -29.9%) and EBITDA of ₹2,930 (EBITDA margin 0.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Skybless is -26% over three years and -39% over five years. In the latest year (FY 2025) revenue fell 91%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Skybless is 27AAYCS6266K1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Skybless is U74999MH2017PTC294740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skybless was incorporated on 05 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Skybless has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹86.7 Lakh; the latest was in December 2022.
The peers of Skybless by revenue are Tesla Solar Private Limited, Sharp Cleantech Infra Private Limited, Renowatt Infinite Energy Private Limited, Giga Electrical Private Limited, Synapse Energy Solutions Private Limited and 5 more, all in the Cleantech industry (EPC, BoP and BTG, Energy Solutions).
Mugdha Heramb Ranade was appointed as Additional Director on 31 Mar 2025. Chandrasekaran Viswanathan ceased to be Additional Director on 04 Sep 2023. Pashupathy Shankar Gopalan ceased to be Additional Director on 04 Sep 2023. Skybless has 7 board changes on record in total.