DPIIT recognised startup Government of India
Startup India
Electrify Power Solutions LLP - energy and power in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹16.66 Cr
Latest filing
Net profit · FY 2023
₹4.43 Lakh
Net margin 0.3%
EBITDA · FY 2023
-₹4.04 Cr
EBITDA margin -24.3%
Contribution obligation
₹2 Lakh
As per LLP agreement
Open charges
₹5 Cr
Satisfied ₹5 Cr
LLP age
5 yrs
Est. 2021
Employees · EPFO
16
Provident fund records
Designated partners
2
As per MCA filings
About Electrify Power Solutions LLP
Data last updated:
Electrify Power Solutions LLP is a limited liability partnership (LLP) based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 14 May 2021 and has been in existence for over 5 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAX-0204. Its GSTIN is 29AAIFE9930H1Z1 (Karnataka).
The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners Mahesh Kantilal and Chandrashekhar Dinkar Mulay.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Sy. No. 36/1 Gollahalli Village Anjanapura Post Bangalore South, Bengaluru, Karnataka, India – 560062.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹16.66 Cr. For the same year it recorded a net profit of ₹4.43 Lakh (net margin 0.3%) and EBITDA of -₹4.04 Cr (EBITDA margin -24.3%).
The LLP has about 16 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Electrify Power Solutions. As per MCA filings, the LLP has open charges of ₹5 Cr and satisfied charges of ₹5 Cr on record. Court records list 1 case involving the LLP, including 1 filed by the LLP.
Electrify Power Solutions LLP is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0081890). For more details, the LLP can be reached via its website electrifypower.in.
Company details
LLPIN AAX-0204
Incorporation Date 14 May 2021
Total Obligation of Contribution ₹2 Lakh
ROC Bangalore
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0081890
Recognitions & Rankings of Electrify Power Solutions
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0081890
Contact details
Electrify Power Solutions LLP's registered office is in Bengaluru, Karnataka. Its website is electrifypower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy. No. 36/1 Gollahalli Village Anjanapura Post Bangalore South, Bengaluru, Karnataka, India – 560062
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Electrify Power Solutions LLP, buy the company report.
Comprehensive company report
Electrify Power Solutions LLP - 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
Electrify Power Solutions operates one associated brand: Electrify Power Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and services for power distribution equipment in India. | electrifypower.in |
Financials of Electrify Power Solutions LLP
FY 2025 filings availableElectrify Power Solutions LLP reported revenue of ₹16.66 Cr for FY 2023.
Revenue · FY 2023
₹16.66 Cr
Net profit · FY 2023
₹4.43 Lakh margin 0.3%
EBITDA · FY 2023
-₹4.04 Cr margin -24.3%
Financial Statement Summary
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Income and Expenditure | ||
| Turnover | ₹16.66 Cr | |
| Other Income | ||
| Total Income | ||
| Purchases and Direct Costs | ||
| Personnel Expenses | ||
| Administrative Expenses | ||
| Interest | ||
| Depreciation | ||
| Total Expenses | ||
| Profit Before Tax | ||
| Tax | ||
| Profit After Tax | ₹4.43 Lakh | |
| Profit Transferred to Partners | ||
| Assets and Liabilities | ||
| Partners' Contribution | ||
| Reserves and Surplus | ||
| Secured Loans | ||
| Unsecured Loans | ||
| Trade Payables | ||
| Other Liabilities and Provisions | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Loans and Advances | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| Net Profit Margin | 0.3% | |
| Return on Partners' Funds | ||
| Return on Assets | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Debt to Partners' Funds | ||
| Interest Coverage | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Turnover Growth | ||
| Profit Growth | ||
To see the full financial statements and ratios of Electrify Power Solutions LLP, buy the company report.
Designated partners of Electrify Power Solutions LLP
Electrify Power Solutions has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kantilal | Designated Partner | 14 May 2021 | 5 Years 5 Months | Current |
| Chandrashekhar Dinkar Mulay Also directs: Deltoncontrol & Switchgears LLP, Selmore Enterprises LLP, Techmech NM Solutions LLP and 1 more | Designated Partner | 01 Apr 2024 | 2 Years 7 Months | Current |
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2025 | 101092924 | Dbs Bank India Limited | ₹5 Cr | Open | |
| 17 Aug 2022 | 100641232 | Kotak Mahindra Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Electrify Power Solutions LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
Electrify Power Solutions LLP has 1 court case on record: 1 filed by Electrify Power Solutions. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Southern Projects India Pvt Ltd | Disposed |
To see the full case history of Electrify Power Solutions LLP, 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 Electrify Power Solutions LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Electrify Power Solutions LLP has a workforce of 16 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-27.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 16 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Electrify Power Solutions LLP, buy the company report.
GST
Electrify Power Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAIFE9930H1Z1 | Karnataka | Active | 21 Jun 2021 |
To see the full GST registrations and return filing status of Electrify Power Solutions LLP, buy the company report.
Recent activity
Electrify Power Solutions LLP has 3 designated partner changes on record since 2021: 2 appointments and 1 cessation. The latest: Chandrashekhar Dinkar Mulay was appointed as Designated Partner on 01 Apr 2024.
Charges
A charge with Dbs Bank India Limited of Rs. 500.00 Lakh registered on 11 Apr 2025 with Charge ID 101092924 was modified on 27 Jun 2025.
Charges
A charge registered on 17 Aug 2022 via Charge ID 100641232 with Kotak Mahindra Bank Limited was fully satisfied on 09 Jun 2025.
Charges
A charge with Dbs Bank India Limited amounted to Rs. 500.00 Lakh with Charge ID 101092924 was registered on 11 Apr 2025.
AGM
Electrify Power Solutions Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Electrify Power Solutions Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 500.00 Lakh registered on 17 Aug 2022 with Charge ID 100641232 was modified on 12 Jun 2024.
Appointed
Chandrashekhar Dinkar Mulay was appointed as Designated Partner.
Ceased
Mahendra G Pallan ceased to be Designated Partner.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 100641232 was registered on 17 Aug 2022.
Appointed
Mahesh Kantilal was appointed as Designated Partner.
Incorporation
14 May 2021
Electrify Power Solutions Llp was registered on 14 May 2021 with Roc Bangalore & aged 5 years 6 months as per MCA records.
Frequently asked questions
Electrify Power Solutions is an active limited liability partnership based in Bengaluru, Karnataka, India. The LLP works in power equipment manufacturers, within the energy and power industry. It was incorporated on 14 May 2021 (5+ years old) and is registered under LLPIN AAX-0204.
Electrify Power Solutions has 2 current designated partners:
- Mahesh Kantilal - Designated Partner
- Chandrashekhar Dinkar Mulay - Designated Partner
The latest financial statements of Electrify Power Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Electrify Power Solutions is 29AAIFE9930H1Z1, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Electrify Power Solutions is AAX-0204. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Electrify Power Solutions has 1 court case on record: 1 filed by the LLP.
Electrify Power Solutions was incorporated on 14 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Chandrashekhar Dinkar Mulay was appointed as Designated Partner on 01 Apr 2024. Mahendra G Pallan ceased to be Designated Partner on 01 Apr 2024. Mahesh Kantilal was appointed as Designated Partner on 14 May 2021.
Yes, Electrify Power Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Electrify Power Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0081890).
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