MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0004841
Classic Technolines Private Limited - energy and power in Ramanagara, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.1 Cr
▼ 8% YoY
Net profit · FY 2024
₹20.39 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹1.27 Cr
EBITDA margin 9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Employees · EPFO
29
Provident fund records
About Classic Technolines Private Limited
Data last updated:
Classic Technolines Private Limited is a private limited company based in Ramanagara, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 07 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31102KA2000PTC028084. Its GSTIN is 29AACCC0214B1ZG (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Kusuma Sujay Himabindu and Kusuma Suresh Kumar Sujay.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 9A.2nd Phase Kaidb Industrial Area, Ramanagara, Karnataka, India – 562109.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.1 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹20.39 Lakh (net margin 1.4%) and EBITDA of ₹1.27 Cr (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 2 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹90.1 Lakh; the latest was in March 2022. Its 3 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is TM Power Line Products Pvt Ltd. with revenue of ₹14.25 Cr.
Classic Technolines Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0004841). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website classictransformers.co.in.
Company details
CIN U31102KA2000PTC028084
Registration Number 028084
Incorporation Date 07 November 2000
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0004841
Key People
Kusuma Sujay Himabindu Director Kusuma Suresh Kumar Sujay Director Kusuma Ramachandrasetty Sureshkumar Director Recognitions & Rankings of Classic Technolines
Contact details
Classic Technolines Private Limited's registered office is in Ramanagara, Karnataka. Its website is classictransformers.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 9A.2nd Phase Kaidb Industrial Area, Ramanagara, Karnataka, India – 562109
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Classic Technolines Private Limited, buy the company report.
Comprehensive company report
Classic Technolines 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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Business activity
The main business activity of Classic Technolines is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Classic Technolines Private Limited, buy the company report.
Financials of Classic Technolines Private Limited
FY 2024 filings availableClassic Technolines Private Limited reported revenue of ₹14.1 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹14.1 Cr ▼ 8%
Net profit · FY 2024
₹20.39 Lakh margin 1.4%
EBITDA · FY 2024
₹1.27 Cr margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 20%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 8% fall in the latest year. EBITDA rose 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.39 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Classic Technolines Private Limited, buy the company report.
Board of directors of Classic Technolines Private Limited
Classic Technolines has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusuma Sujay Himabindu | Director | 01 Aug 2003 | 23 Years 3 Months | Current |
| Kusuma Suresh Kumar Sujay | Director | 01 Aug 2003 | 23 Years 3 Months | Current |
| Kusuma Ramachandrasetty Sureshkumar | Director | 17 Nov 2000 | 25 Years 11 Months | Current |
Peer comparison
Classic Technolines Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TM Power Line Products Pvt Ltd. | ₹14.25 Cr (FY 2024) | 114.0% | Kolkata, West Bengal, India | |||
| Classic Technolines Private Limitedthis company | ₹14.1 Cr (FY 2024) | ₹20.39 Lakh | 1.4% | -8.0% | 29 | Ramanagara, Karnataka, India |
| Ridhisidhi Techno Solution Private Limited | ₹14.03 Cr (FY 2025) | 13.0% | Pune, Maharashtra, India | |||
| Promethean Energy Private Limited | ₹14.01 Cr (FY 2024) | 132.0% | Thane, Maharashtra, India |
To see the full peer comparison of Classic Technolines Private Limited, buy the company report.
Auditor
Classic Technolines Private Limited is audited by B SREENIVASA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B SREENIVASA & CO | FY 2023 | 009287S |
Shareholding
The shareholding of Classic Technolines Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Classic Technolines Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2004 | 80021150 | State Bank of India | ₹10 Cr | Open |
To see the full charge records of Classic Technolines Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Classic Technolines Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹90.1 Lakh; the latest was in March 2022.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹90.1 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jun 2014 | Funding round | ₹75 Lakh | Investors: 4 individuals |
| Sep 2006 | Funding round | ₹15.1 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Classic Technolines Private Limited has 10 court cases on record: 2 filed by Classic Technolines, 8 filed against it. 2 cases are pending and 8 are disposed.
Total cases
10
Filed by the company
2
Filed against the company
8
Pending
2
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 8 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAMANAGARA, Karnataka | Court case (REF) | Filed against the company by an individual | Pending |
| District court, RAMANAGARA, Karnataka | Court case (REF) | Filed against the company by an individual | Pending |
| District court, RAMANAGARA, Karnataka | Court case (IDact of S10) | Filed against the company by an individual | Disposed |
| District court, RAMANAGARA, Karnataka | Court case (REF) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Disposed |
To see the full case history of Classic Technolines Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Classic Technolines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Classic Technolines Private Limited has a workforce of 29 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
GST
Classic Technolines has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC0214B1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Classic Technolines Private Limited, buy the company report.
Recent activity
Classic Technolines Private Limited has 5 board changes on record since 2000: 3 appointments and 2 cessations. The latest: Kusuma Suresh Kumar Lakshmi Suresh ceased to be Director on 04 Apr 2019.
Charges
A charge with State Bank Of India of Rs. 10.00 Cr registered on 26 Mar 2004 with Charge ID 80021150 was modified on 23 Jan 2025.
AGM
Classic Technolines Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Classic Technolines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Kusuma Suresh Kumar Lakshmi Suresh ceased to be Director.
Ceased
Kusuma Ramachandrasetty Sureshkumar ceased to be Managing Director.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Cr with Charge ID 80021150 was registered on 26 Mar 2004.
Appointed
Kusuma Sujay Himabindu was appointed as Director.
Appointed
Kusuma Suresh Kumar Sujay was appointed as Director.
Appointed
Kusuma Ramachandrasetty Sureshkumar was appointed as Director.
Incorporation
07 Nov 2000
Classic Technolines Private Limited was registered on 07 Nov 2000 with Roc Bangalore & aged 26 years 2 days as per MCA records.
Frequently asked questions
Classic Technolines is an active private limited company based in Ramanagara, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 07 November 2000 (26+ years old) and is registered under CIN U31102KA2000PTC028084.
Classic Technolines has 3 current directors:
- Kusuma Sujay Himabindu - Director
- Kusuma Suresh Kumar Sujay - Director
- Kusuma Ramachandrasetty Sureshkumar - Director
The latest financial statements of Classic Technolines on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Classic Technolines is 29AACCC0214B1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Classic Technolines is U31102KA2000PTC028084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Technolines has 10 court cases on record: 2 filed by the company and 8 filed against it. 2 are pending.
Classic Technolines was incorporated on 07 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Classic Technolines has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹90.1 Lakh; the latest was in March 2022.
The peers of Classic Technolines by revenue are TM Power Line Products Pvt Ltd, Ridhisidhi Techno Solution Private Limited, Promethean Energy Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kusuma Suresh Kumar Lakshmi Suresh ceased to be Director on 04 Apr 2019. Kusuma Ramachandrasetty Sureshkumar ceased to be Managing Director on 01 Feb 2016. Kusuma Sujay Himabindu was appointed as Director on 01 Aug 2003. Classic Technolines has 5 board changes on record in total.
Yes, Classic Technolines is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0004841).
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