About Energystar Technologies Private Limited
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Energystar Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 02 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC074681. Its GSTIN is 29AADCE6880C1ZJ (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹1.57 Lakh. It is led by directors Panyam Seetharamaiah Raghuram and Subba Rao Venkata Pothukuchi.
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 Flat No E 44 Manish Complex No 10 Convent Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.99 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹13.14 Lakh (net margin -73%) and EBITDA of -₹3.82 Lakh (EBITDA margin -21.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 27% over five years.
The company is associated with 1 brand: Glowship. The company has 6 deals on record (3 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹3.74 Cr; the latest was in March 2018. Its 10 peer companies in the Ecommerce and Internet industry (Electronic Goods) are compared by revenue, 5 larger and 5 smaller; the largest is Bepro Accessories Private Limited with revenue of ₹20.41 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glowship.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No E 44 Manish Complex No 10 Convent Road, Bangalore, Karnataka, India – 560025
- IndustryE-Commerce, Online Electronics Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Energystar Technologies Private Limited
The main business activity of Energystar Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Energystar Technologies Private Limited FY 2025 filings available
Energystar Technologies Private Limited reported revenue of ₹17.99 Lakh (down 70% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Energystar Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 70% fall in the latest year. EBITDA rose 59% 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 of Energystar Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.14 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Energystar Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -73% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Energystar Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Energystar Technologies Private Limited
Energystar Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Electronic Goods). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bepro Accessories Private Limited | ₹20.41 Lakh (FY 2025) | •••• | •••• | 3532.0% | •••• | Kolkata, West Bengal, India |
| Tedtech Private Limited | ₹20.23 Lakh (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Tecwizard Info Private Limited | ₹20.05 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Delhi, India |
| Singletouch Digital Trade Private Limited | ₹20 Lakh (FY 2024) | •••• | •••• | 81.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Robo India Robotics Private Limited | ₹19.82 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Ajmer, Rajasthan, India |
| Energystar Technologies Private Limited this company | ₹17.99 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Bangalore, Karnataka, India |
| Mobimech Technologies Private Limited | ₹17.94 Lakh (FY 2023) | •••• | •••• | 154.0% | •••• | Delhi, India |
| Skaish International Private Limited | ₹16 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Kolhapur, Maharashtra, India |
| Opb India Waste Management Private Limited | ₹15.91 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| JSR Global Connect Private Limited | ₹15.46 Lakh (FY 2024) | •••• | •••• | •••• | Bhopal, Madhya Pradesh, India | |
| Enspire Device Private Limited | ₹15.3 Lakh (FY 2024) | •••• | •••• | -53.0% | •••• | Gandhinagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Energystar Technologies by revenue in the Ecommerce and Internet industry (Electronic Goods), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Energystar Technologies Private Limited
Energystar Technologies Private Limited is audited by Varma & Varma for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Varma & Varma | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Energystar Technologies Private Limited
Energystar Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Panyam Seetharamaiah Raghuram | Director | 02 May 2017 | 9 Years 5 Months | Current |
| Subba Rao Venkata Pothukuchi | Director | 25 Aug 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Energystar Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Energystar Technologies Private Limited
Energystar Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Energystar Technologies Private Limited
Energystar Technologies Private Limited has 6 deals on record (3 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹3.74 Cr; the latest was in March 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Ncubate Capital Partners Seller: an individual |
| Mar 2018 | Rights issue | ₹1.4 Cr | Investors: Infuse Ventures, an individual |
| May 2017 | Funding round · Series A | ₹2.63 Cr | Investors: Infuse Ventures, 2 individuals |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Energystar Technologies Private Limited
Energystar Technologies operates one associated brand: Glowship. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar engineering, procurement, and construction services are provided. | glowship.in |
Employees and EPFO Compliance at Energystar Technologies Private Limited
Employment history and EPFO contributions of people linked to Energystar Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Energystar Technologies Private Limited
Recent Activity on Energystar Technologies Private Limited
Energystar Technologies Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Subba Rao Venkata Pothukuchi ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Energystar Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Energystar Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Energystar Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Energystar Technologies Private Limited
Energystar Technologies has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCE6880C1ZJ | Karnataka | Active | 01 Jul 2017 |
| 29AADCE6880C1CU | Karnataka | Active | 12 Oct 2018 |
| 33AADCE6880C1C5 | Tamil Nadu | Active | 11 Dec 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Energystar Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Energystar Technologies Private Limited
Energystar Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 02 June 2014 (12+ years old) and is registered under CIN U74900KA2014PTC074681.
Energystar Technologies reported revenue of ₹17.99 Lakh for FY 2024 (down 70% YoY).
Energystar Technologies has 2 current directors:
- Panyam Seetharamaiah Raghuram - Director
- Subba Rao Venkata Pothukuchi - Director
Energystar Technologies reported a net loss of ₹13.14 Lakh (net margin -73%) and EBITDA of -₹3.82 Lakh (EBITDA margin -21.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Energystar Technologies is -27% over three years and -27% over five years. In the latest year (FY 2024) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Energystar Technologies is 29AADCE6880C1ZJ, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AADCE6880C1CU (Karnataka), 33AADCE6880C1C5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Energystar Technologies is U74900KA2014PTC074681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Energystar Technologies was incorporated on 02 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Energystar Technologies has 6 deals on record (3 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹3.74 Cr; the latest was in March 2018.
The peers of Energystar Technologies by revenue are Bepro Accessories Private Limited, Tedtech Private Limited, Tecwizard Info Private Limited, Singletouch Digital Trade Private Limited, Robo India Robotics Private Limited and 5 more, all in the Ecommerce and Internet industry (Electronic Goods).
Subba Rao Venkata Pothukuchi ceased to be Additional Director on 30 Nov 2021. Subba Rao Venkata Pothukuchi was appointed as Director on 25 Aug 2021. Srinivas Potukuchi ceased to be Director on 17 Aug 2021. Energystar Technologies has 5 board changes on record in total.