About Elektrobit India Private Limited
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Elektrobit India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Elektrobit Automotive Gmbh. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016FTC092577. Its GSTIN is 29AAECE2605A1Z7 (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹96.88 Lakh. It is led by directors including Saisridhar Shankaran (Managing Director) and Satish Sunderesan (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Sattva Southgate Tech Park, Bengaluru, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹201.32 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹18.38 Cr (net margin 9.1%) and EBITDA of ₹29.15 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 52% over five years.
The company has about 710 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elektrobit. The company has 1 deal on record (1 rights issue); the latest was in January 2017. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elektrobit.com.
Company details
Contact details
Elektrobit India Private Limited's registered office is in Bengaluru, Karnataka. Its website is elektrobit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Sattva Southgate Tech Park Plot No.1 Veerasandra Industrial Area Hosur Main R, D, Bengaluru, Karnataka, India – 560100
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Elektrobit India 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
Brands
Elektrobit India operates one associated brand: Elektrobit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive software solutions are developed by Elektrobit for vehicles. | elektrobit.com |
Financials of Elektrobit India Private Limited
FY 2025 filings availableElektrobit India Private Limited reported revenue of ₹201.32 Cr (up 64% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 64% growth in the latest year. EBITDA rose 63% 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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| Total Revenue | ₹201.32 Cr | ||||
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| EBITDA | ₹29.15 Cr | ||||
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| Net Profit (PAT) | ₹18.38 Cr | ||||
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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 | 14.5% | ||||
| Net Profit Margin | 9.1% | ||||
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To see the full financial statements and ratios of Elektrobit India Private Limited, buy the company report.
Board of directors of Elektrobit India Private Limited
Elektrobit India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maria Anhalt | Director | 18 Feb 2021 | 5 Years 8 Months | Current |
| Saisridhar Shankaran | Managing Director | 12 Sep 2023 | 3 Years 1 Months | Current |
| Satish Sunderesan | Managing Director | 01 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Elektrobit India Private Limited is audited by Varma and Varma for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varma and Varma | FY 2023 | 004532S |
Shareholding
The shareholding of Elektrobit India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elektrobit India Private Limited, buy the company report.
Deals & funding
Elektrobit India Private Limited has 1 deal on record (1 rights issue); the latest was in January 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Rights issue | ₹9.59 Cr | Investors: Elektrobit Automotive GmbH |
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 Elektrobit India 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
Elektrobit India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Heavenhood Pestcontrol Services Private Limited |
To see the full MSME payment records of Elektrobit India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Elektrobit India Private Limited has a workforce of 710 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Elektrobit India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE2605A1Z7 | Karnataka | Active | 01 Jul 2017 |
| 32AAECE2605A1ZK | Kerala | Active | 15 May 2023 |
To see the full GST registrations and return filing status of Elektrobit India Private Limited, buy the company report.
Recent activity
Elektrobit India Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Saisridhar Shankaran was appointed as Managing Director on 12 Sep 2023.
News
Frequently asked questions
Elektrobit India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 April 2016 (10+ years old) and is registered under CIN U74999KA2016FTC092577.
Elektrobit India has 3 current directors:
- Saisridhar Shankaran - Managing Director
- Satish Sunderesan - Managing Director
- Maria Anhalt - Director
The latest financial statements of Elektrobit India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Elektrobit India is 29AAECE2605A1Z7, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AAECE2605A1ZK (Kerala).
The CIN (Corporate Identification Number) of Elektrobit India is U74999KA2016FTC092577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elektrobit India was incorporated on 27 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Elektrobit India has 1 deal on record (1 rights issue); the latest was in January 2017.
Saisridhar Shankaran was appointed as Managing Director on 12 Sep 2023. Saisridhar Shankaran ceased to be Additional Director on 12 Sep 2023. Maria Anhalt ceased to be Additional Director on 30 Sep 2021. Elektrobit India has 9 board changes on record in total.
Elektrobit India has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 19 Oct 2022.
Elektrobit India can be reached through the website elektrobit.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Elektrobit India is at 1st Floor Sattva Southgate Tech Park Plot No.1 Veerasandra Industrial Area Hosur Main R, D, Bengaluru, Karnataka, India – 560100.