MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0005630
Sunway Technologies Private Limited - electrnoics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.6 Cr
▼ 32% YoY
Net profit · FY 2023
₹3.25 Lakh
Net margin 2%
EBITDA · FY 2023
₹4.09 Lakh
EBITDA margin 2.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Sunway Technologies Private Limited
Data last updated:
Sunway Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the scientific measuring equipment segment of the electronics sector. It was incorporated on 05 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28195KA2014PTC074747. Its GSTIN is 29AAUCS6775K1Z5 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Elgin Rashema and Varghese Elgin.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.492/351 1st Floor Mangamanapalya Main Road Bommanahalli, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.6 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹3.25 Lakh (net margin 2%) and EBITDA of ₹4.09 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 74% over five years.
The company is associated with 1 brand: Sunwaytech.
Sunway Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0005630). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunwaytech.in.
Company details
CIN U28195KA2014PTC074747
Registration Number 074747
Incorporation Date 05 June 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0005630
CIN history
Sunway Technologies has one previous CIN (Corporate Identification Number): U72200KA2014PTC074747. The current CIN is U28195KA2014PTC074747, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28195KA2014PTC074747 | Current |
| U72200KA2014PTC074747 | Previous |
Key People
Elgin Rashema Director Varghese Elgin Director Recognitions & Rankings of Sunway Technologies
Contact details
Sunway Technologies Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.492/351 1st Floor Mangamanapalya Main Road Bommanahalli, Bangalore, Karnataka, India – 560068
- IndustryElectrnoics, Scientific Measuring Equipment, Communication, Electronic, Computer
Comprehensive company report
Sunway Technologies Private Limited - one report that includes everything
- 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
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Brands
Sunway Technologies operates one associated brand: Sunwaytech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| sunwaytech.in |
Business activity
The main business activity of Sunway Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Sunway Technologies Private Limited, buy the company report.
Financials of Sunway Technologies Private Limited
FY 2023 filings availableSunway Technologies Private Limited reported revenue of ₹1.6 Cr (down 32% YoY) for FY 2023.
Revenue · FY 2023
₹1.6 Cr ▼ 32%
Net profit · FY 2023
₹3.25 Lakh margin 2%
EBITDA · FY 2023
₹4.09 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
5 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 19%
5 years · compounded
▲ 37%
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 74%. EBITDA fell 79% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹4.09 Lakh | ||||
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| Net Profit (PAT) | ₹3.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Sunway Technologies Private Limited, buy the company report.
Board of directors of Sunway Technologies Private Limited
Sunway Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elgin Rashema | Director | 05 Jun 2014 | 12 Years 5 Months | Current |
| Varghese Elgin | Director | 05 Jun 2014 | 12 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Sunway Technologies 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 Sunway Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunway Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS6775K1Z5 | Karnataka | Active | 12 Oct 2017 |
| 33AAUCS6775K1ZG | Tamil Nadu | Active | 27 Jun 2018 |
To see the full GST registrations and return filing status of Sunway Technologies Private Limited, buy the company report.
Recent activity
Sunway Technologies Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Elgin Rashema was appointed as Director on 05 Jun 2014.
AGM
Sunway Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Sunway Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Elgin Rashema was appointed as Director.
Appointed
Varghese Elgin was appointed as Director.
Incorporation
05 Jun 2014
Sunway Technologies Private Limited was registered on 05 Jun 2014 with Roc Bangalore & aged 12 years 5 months as per MCA records.
Frequently asked questions
Sunway Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in scientific measuring equipment, within the electronics industry. It was incorporated on 05 June 2014 (12+ years old) and is registered under CIN U28195KA2014PTC074747.
Sunway Technologies has 2 current directors:
- Elgin Rashema - Director
- Varghese Elgin - Director
The latest financial statements of Sunway Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunway Technologies is 29AAUCS6775K1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAUCS6775K1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of Sunway Technologies is U28195KA2014PTC074747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunway Technologies was incorporated on 05 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Elgin Rashema was appointed as Director on 05 Jun 2014. Varghese Elgin was appointed as Director on 05 Jun 2014.
Yes, Sunway Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0005630).
Sunway Technologies can be reached through the website sunwaytech.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sunway Technologies is at No.492351 1st Floor Mangamanapalya Main Road Bommanahalli, Bangalore, Karnataka, India – 560068.
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