About Aerosite Energy Private Limited
Data last updated:
Aerosite Energy Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Acciona Energia Global S.L., Spain. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 12 December 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U40102KA2013PTC087142. Its GSTIN is 29AAMCA7972L1ZS (Karnataka).
The company had an authorised share capital of ₹22.01 Cr and a paid-up capital of ₹21.68 Cr. It was led by directors Shashi Kumar Rajkumar and Jagannath Sahoo.
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 was at Tower A 3rd Floor The Millenia No. 1 & 2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.05 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹18.91 Cr and EBITDA of -₹18.81 Cr. Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2016.
The last known website on record is acciona-energia.com.
Company details
CIN history
Aerosite Energy has one previous CIN (Corporate Identification Number): U40102TG2013PTC091640. The current CIN is U40102KA2013PTC087142, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40102KA2013PTC087142 | Current |
| U40102TG2013PTC091640 | Previous |
Contact details
Aerosite Energy Private Limited's registered office is in Bangalore, Karnataka. Its website is acciona-energia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTower A 3rd Floor The Millenia No. 1 & 2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Aerosite Energy 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 Aerosite Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
Financials of Aerosite Energy Private Limited
FY 2021 filings availableAerosite Energy Private Limited reported revenue of ₹13.05 Lakh (down 37% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. 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 | -₹18.81 Cr | ||||
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| Net Profit (PAT) | -₹18.91 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Aerosite Energy Private Limited, buy the company report.
Board of directors of Aerosite Energy Private Limited
Aerosite Energy has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Kumar Rajkumar | Director | 26 Apr 2021 | 5 Years 6 Months | As last reported |
| Jagannath Sahoo | Director | 20 Jul 2022 | 4 Years 3 Months | As last reported |
Auditor
Aerosite Energy Private Limited is audited by B S R and Associates LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Associates LLP | FY 2019 | 116231W/W100024 |
Shareholding
The shareholding of Aerosite Energy Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aerosite Energy Private Limited, buy the company report.
Deals & funding
Aerosite Energy Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Rights issue | ₹9.72 Cr | Investors: Acciona Energia Global S L U |
| Sep 2015 | Rights issue | ₹11.96 Cr | Investors: Acciona Energia Global S L U |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Acciona Energia Global S L U, an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Aerosite Energy 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 Aerosite Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aerosite Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCA7972L1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aerosite Energy Private Limited, buy the company report.
Recent activity
Aerosite Energy Private Limited has 18 board changes on record since 2015: 2 appointments and 16 cessations. The latest: Jagannath Sahoo ceased to be Additional Director on 22 Aug 2022.
9 earlier events are in the company report.
News
Frequently asked questions
Aerosite Energy has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Aerosite Energy was a private limited company based in Bangalore, Karnataka, India. The company worked in power transmission and distribution services, within the energy and power industry. It was incorporated on 12 December 2013 and is registered under CIN U40102KA2013PTC087142. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Aerosite Energy was incorporated on 12 December 2013. It is registered with the Registrar of Companies, Bangalore.
Aerosite Energy had 2 directors:
- Shashi Kumar Rajkumar - Director
- Jagannath Sahoo - Director
The CIN (Corporate Identification Number) of Aerosite Energy is U40102KA2013PTC087142. 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 Aerosite Energy is at Tower A 3rd Floor The Millenia No. 1 & 2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008.
Aerosite Energy can be reached through the website acciona-energia.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Aerosite Energy 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 Aerosite Energy is 29AAMCA7972L1ZS, registered in Karnataka.
Aerosite Energy operated in the energy and power industry, in the power transmission and distribution services segment.