About Esaver Technologies Solutions Private Limited
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Esaver Technologies Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC093206. Its GSTIN is 29AAECE2766J1ZA (Karnataka).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹53.87 Lakh. It is led by directors Sudipto Kumar Roy and Nishil Thomas Koshy.
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 Sector 2, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.05 Lakh, a growth of 44% compared to the previous year. For the same year it recorded a net loss of ₹18.57 Lakh (net margin -154.1%) and EBITDA of -₹17.48 Lakh (EBITDA margin -145%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 39% over five years.
The company has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.53 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esavertec.com.
Company details
Contact details
Esaver Technologies Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is esavertec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIndiqube – Orion Ground Floor No.55/11B & 55/13 24th Main Rd Hsr Layout Sector 2 Hara, Lukunte, Bangalore, Karnataka, India – 560102
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Esaver Technologies Solutions 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
Business activity
The main business activity of Esaver Technologies Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Esaver Technologies Solutions Private Limited, buy the company report.
Financials of Esaver Technologies Solutions Private Limited
FY 2024 filings availableEsaver Technologies Solutions Private Limited reported revenue of ₹12.05 Lakh (up 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 44% growth in the latest year. EBITDA rose 71% 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
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| EBITDA | -₹17.48 Lakh | ||||
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| Net Profit (PAT) | -₹18.57 Lakh | ||||
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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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| EBITDA Margin | -145% | ||||
| Net Profit Margin | -154.1% | ||||
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To see the full financial statements and ratios of Esaver Technologies Solutions Private Limited, buy the company report.
Board of directors of Esaver Technologies Solutions Private Limited
Esaver Technologies Solutions 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 |
|---|---|---|---|---|
| Sudipto Kumar Roy | Director | 25 May 2019 | 7 Years 5 Months | Current |
| Nishil Thomas Koshy Also directs: KFX Circuits and Systems Private Limited | Director | 13 May 2016 | 10 Years 6 Months | Current |
Auditor
Esaver Technologies Solutions Private Limited is audited by K Sreeharsha for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K Sreeharsha | FY 2023 | 240606 |
Shareholding
The shareholding of Esaver Technologies Solutions 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) | |||||
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| Others |
To see the full shareholding pattern of Esaver Technologies Solutions Private Limited, buy the company report.
Deals & funding
Esaver Technologies Solutions Private Limited has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.53 Cr; the latest was in March 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹72.9 Lakh | Investors: 4 individuals |
| Feb 2021 | Rights issue | ₹25 Lakh | Investors: 2 individuals |
| Apr 2019 | Funding round | ₹1.8 Cr | Investors: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2019 | Rights issue | ₹29.2 Lakh | Investors: Vedis Capital Technologies Private Limited , an individual |
To see the full deal history of Esaver Technologies Solutions Private Limited, buy the company report.
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 Esaver Technologies Solutions 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
No delayed payments to MSME suppliers are on our record for Esaver Technologies Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Esaver Technologies Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE2766J1ZA | Karnataka | Active | 30 Aug 2017 |
To see the full GST registrations and return filing status of Esaver Technologies Solutions Private Limited, buy the company report.
Recent activity
Esaver Technologies Solutions Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Prashanth Aluru ceased to be Director on 04 Apr 2022.
Frequently asked questions
Esaver Technologies Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN U72900KA2016PTC093206.
Esaver Technologies Solutions has 2 current directors:
- Sudipto Kumar Roy - Director
- Nishil Thomas Koshy - Director
The latest financial statements of Esaver Technologies Solutions 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 FY 2017 are in the company report.
The GSTIN of Esaver Technologies Solutions is 29AAECE2766J1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Esaver Technologies Solutions is U72900KA2016PTC093206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Esaver Technologies Solutions was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Esaver Technologies Solutions has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.53 Cr; the latest was in March 2021.
Prashanth Aluru ceased to be Director on 04 Apr 2022. Sudipto Kumar Roy ceased to be Additional Director on 31 Dec 2020. Amiya Kumar Pathak ceased to be Director on 12 Jul 2019. Esaver Technologies Solutions has 5 board changes on record in total.
Esaver Technologies Solutions can be reached through the website esavertec.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Esaver Technologies Solutions is at Indiqube – Orion Ground Floor No.5511B & 5513 24th Main Rd Hsr Layout Sector 2 Hara, Lukunte, Bangalore, Karnataka, India – 560102.
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