MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0218631
Elpis Energy Solutions Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36.14 Lakh
▲ 157% YoY
Net profit · FY 2024
₹42,381
Net margin 1.2%
EBITDA · FY 2024
₹8.85 Lakh
EBITDA margin 24.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
1
Provident fund records
About Elpis Energy Solutions Private Limited
Data last updated:
Elpis Energy Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the engineering sector. It was incorporated on 20 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC081702. Its GSTIN is 29AAECE1958Q1ZW (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sharanabasappa Phalgun Bagali and Rahul Bagali.
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 No.704/1 3rd Floor Rcc Roofing Premises 2nd Stage Nagarabhavi, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹42,381 (net margin 1.2%) and EBITDA of ₹8.85 Lakh (EBITDA margin 24.5%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 12% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Elpis Energy Solutions. As per MCA filings, the company has open charges of ₹5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Elpis Energy Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0218631). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elpisenergy.in.
Company details
CIN U74900KA2015PTC081702
Registration Number 081702
Incorporation Date 20 July 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0218631
Recognitions & Rankings of Elpis Energy Solutions
Contact details
Elpis Energy Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is elpisenergy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.704/1 3rd Floor Rcc Roofing Premises 2nd Stage Nagarabhavi, Bangalore, Karnataka, India – 560072
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Elpis Energy Solutions Private Limited, buy the company report.
Comprehensive company report
Elpis Energy Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Elpis Energy Solutions operates one associated brand: Elpis Energy Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for solar and wind energy projects to promote sustainable solutions. | elpisenergy.in |
Business activity
The main business activity of Elpis Energy Solutions 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 |
To see the full business activity and turnover split of Elpis Energy Solutions Private Limited, buy the company report.
Financials of Elpis Energy Solutions Private Limited
FY 2025 filings availableElpis Energy Solutions Private Limited reported revenue of ₹36.14 Lakh (up 157% YoY) for FY 2024.
Revenue · FY 2024
₹36.14 Lakh ▲ 157%
Net profit · FY 2024
₹42,381 margin 1.2%
EBITDA · FY 2024
₹8.85 Lakh margin 24.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 157%
3 years · compounded
▲ 36%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 22%
5 years · compounded
▲ 4%
Revenue rose 157% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 8% 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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| EBITDA | ₹8.85 Lakh | ||||
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| Net Profit (PAT) | ₹42,381 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 24.5% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Elpis Energy Solutions Private Limited, buy the company report.
Board of directors of Elpis Energy Solutions Private Limited
Elpis Energy Solutions has 2 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 |
|---|---|---|---|---|
| Sharanabasappa Phalgun Bagali | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
| Rahul Bagali Also directs: Elpis Infratech LLP | Director | 20 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Elpis Energy Solutions Private Limited is audited by HIRANMAYI NITISH & CO., for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIRANMAYI NITISH & CO., | FY 2022 | 011918S |
Shareholding
The shareholding of Elpis Energy Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elpis Energy Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2022 | 100704082 | Canara Bank | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Elpis Energy Solutions Private Limited has 1 court case on record: 1 filed by Elpis Energy Solutions. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Appeal | Filed by the company against individuals | Disposed |
To see the full case history of Elpis Energy Solutions 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 Elpis Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elpis Energy Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-50%
GST
Elpis Energy Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE1958Q1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elpis Energy Solutions Private Limited, buy the company report.
Recent activity
Elpis Energy Solutions Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Ashwin Narayana ceased to be Director on 29 Oct 2018.
AGM
Elpis Energy Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elpis Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 5.00 Lakh with Charge ID 100704082 was registered on 31 Dec 2022.
Ceased
Ashwin Narayana ceased to be Director.
Appointed
Sharanabasappa Phalgun Bagali was appointed as Director.
Ceased
Shubha Prada Hiriyur Thipperudrappa ceased to be Director.
Appointed
Rahul Bagali was appointed as Director.
Incorporation
20 Jul 2015
Elpis Energy Solutions Private Limited was registered on 20 Jul 2015 with Roc Bangalore & aged 11 years 3 months as per MCA records.
Frequently asked questions
Elpis Energy Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in the engineering industry. It was incorporated on 20 July 2015 (11+ years old) and is registered under CIN U74900KA2015PTC081702.
Elpis Energy Solutions has 2 current directors:
- Sharanabasappa Phalgun Bagali - Director
- Rahul Bagali - Director
The latest financial statements of Elpis Energy Solutions 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 2016 are in the company report.
The GSTIN of Elpis Energy Solutions is 29AAECE1958Q1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Elpis Energy Solutions is U74900KA2015PTC081702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elpis Energy Solutions has 1 court case on record: 1 filed by the company.
Elpis Energy Solutions was incorporated on 20 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashwin Narayana ceased to be Director on 29 Oct 2018. Sharanabasappa Phalgun Bagali was appointed as Director on 24 Apr 2018. Shubha Prada Hiriyur Thipperudrappa ceased to be Director on 09 Aug 2016. Elpis Energy Solutions has 4 board changes on record in total.
Yes, Elpis Energy Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0218631).
Elpis Energy Solutions can be reached through the website elpisenergy.in. Its registered office is in Bangalore, Karnataka, India.