About Eshakti.Com Private Limited
Data last updated:
Eshakti.Com Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 15 March 2000.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U64202TN2000PTC044413. Its GSTIN is 33AAACE6772C2ZX (Tamil Nadu). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹20.3 Cr and a paid-up capital of ₹3.2 Cr. It is led by directors Balan Gopala Krishnan and Chandrasekar Vinodh Kumar.
Its last annual general meeting (AGM) was held on 05 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Capitale Building No.554/555 Anna Salai Teynampet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2024, the company reported a revenue of ₹114.12 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹18.63 Cr (net margin -16.3%) and EBITDA of -₹8.22 Cr (EBITDA margin -7.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 388 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: eShakti. As per MCA filings, the company has open charges of ₹19.5 Cr and satisfied charges of ₹23.01 Cr on record. Court records list 65 cases involving the company, including 24 filed by the company and 41 filed against it; 29 cases are pending. The company has 23 deals on record (14 funding rounds, 4 debt financings, 3 convertible or debt financings), with disclosed funding of ₹242.25 Cr; the latest was in May 2023. The company has 37 MSME Form 1 returns on record between 2018 and 2023, listing 3,783 overdue payments to 40 micro and small suppliers.
The last known website on record is eshakti.com.
Company details
Contact details
Eshakti.Com Private Limited's registered office is in Chennai, Tamil Nadu. Its website is eshakti.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address3rd Floor Capitale Building No.554/555 Anna Salai Teynampet, Chennai, Tamil Nadu, India – 600018
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Eshakti.Com 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
Eshakti.Com operates one associated brand: eShakti. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Customized casual wear for women is offered online. | eshakti.com |
Business activity
The main business activity of Eshakti.Com is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Eshakti.Com Private Limited, buy the company report.
Financials of Eshakti.Com Private Limited
FY 2024 filings availableEshakti.Com Private Limited reported revenue of ₹114.12 Cr (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 28% fall in the latest year. EBITDA rose 75% 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 | -₹8.22 Cr | ||||
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| Net Profit (PAT) | -₹18.63 Cr | ||||
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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 | -7.2% | ||||
| Net Profit Margin | -16.3% | ||||
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To see the full financial statements and ratios of Eshakti.Com Private Limited, buy the company report.
Board of directors of Eshakti.Com Private Limited
Eshakti.Com has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balan Gopala Krishnan | Director | 15 Mar 2000 | 26 Years 7 Months | As last reported |
| Chandrasekar Vinodh Kumar | Additional Director | 11 Jun 2024 | 2 Years 4 Months | As last reported |
Auditor
Eshakti.Com Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Eshakti.Com 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 Eshakti.Com Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2023 | 100703006 | Others | ₹3.1 Cr | Open | |
| 03 Jan 2023 | 100667326 | Others | ₹6 Cr | Open | |
| 23 Nov 2022 | 100660693 | Others | ₹52 Lakh | Open | |
| 31 Oct 2022 | 100652239 | Others | ₹1 Cr | Open | |
| 24 Aug 2022 | 100624166 | Others | ₹88.5 Lakh | Open |
To see the full charge records of Eshakti.Com Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Eshakti.Com Private Limited has 23 deals on record (14 funding rounds, 4 debt financings, 3 convertible or debt financings), with disclosed funding of ₹242.25 Cr; the latest was in May 2023.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Debt financing | ₹7 Cr | Investors: Karnation Fund I |
| Nov 2021 | Debt financing | ₹8 Cr | Investors: Np1 Capital Trust |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Paragon Partners Seller: Chiratae Ventures (IDG) |
| Feb 2020 | Funding round · Series D | ₹15 Cr | Investors: Paragon Partners |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Paragon Partners Seller: Chiratae Ventures (IDG) |
To see the full deal history of Eshakti.Com 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
Eshakti.Com Private Limited has 65 court cases on record: 24 filed by Eshakti.Com, 41 filed against it. 29 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 38 | 15 | 7 |
| District courts | 27 | 26 | 22 |
Cases on record (5 of 65)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Writ petition | Filed against the company by M/S JNG Star Services Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by DHL Express India Pvt Ltd Through Mr Jatin Kashalkar | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by M S Orbit Exports Limited, Through Mr Rahul Tiwari | Pending |
| District court, Gurugram, Haryana | Court case (COMI) | Filed against the company by Guruji Blessings Impex LLP | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Mitcon Credentia Trusteeship Services Limited Through Jatin Bhat | Disposed |
To see the full case history of Eshakti.Com 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
Eshakti.Com Private Limited has 37 MSME Form 1 returns on record between 2018 and 2023, listing 3,783 overdue payments to 40 micro and small suppliers. 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 (5 of 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Venus Design and Creation | |||
| an individual supplier | |||
| Dune Textiles | |||
| Kohinoor Ribbon Factoty Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Eshakti.Com Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Eshakti.Com Private Limited has a workforce of 388 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Eshakti.Com has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACE6772C2ZX | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACE6772C3ZW | Tamil Nadu | Active | 14 Nov 2018 |
| 06AAACE6772C1ZV | Haryana | Active | 01 Jul 2017 |
| 09AAACE6772C1ZP | Uttar Pradesh | Active | 08 Dec 2017 |
To see the full GST registrations and return filing status of Eshakti.Com Private Limited, buy the company report.
Recent activity
Eshakti.Com Private Limited has 20 board changes on record since 2000: 11 appointments and 9 cessations. The latest: Niten Lalpuria ceased to be Nominee Director on 28 Jun 2024.
38 earlier events are in the company report.
News
Frequently asked questions
Eshakti.Com is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Eshakti.Com is a company under insolvency, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 15 March 2000 and is registered under CIN U64202TN2000PTC044413. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Eshakti.Com has 2 current directors:
- Balan Gopala Krishnan - Director
- Chandrasekar Vinodh Kumar - Additional Director
The latest financial statements of Eshakti.Com on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 December 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Eshakti.Com is U64202TN2000PTC044413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eshakti.Com has open charges of ₹19.5 Cr and satisfied charges of ₹23.01 Cr as per latest MCA filings.
Eshakti.Com has 65 court cases on record: 24 filed by the company and 41 filed against it. 29 are pending. Most are in the high courts.
Eshakti.Com was incorporated on 15 March 2000. It is registered with the Registrar of Companies, Chennai.
Eshakti.Com has 23 deals on record (14 funding rounds, 4 debt financings, 3 convertible or debt financings), with disclosed funding of ₹242.25 Cr; the latest was in May 2023.
Niten Lalpuria ceased to be Nominee Director on 28 Jun 2024. Siddharth Deepak Parekh ceased to be Director on 28 Jun 2024. Sumeet Singh Nindrajog ceased to be Director on 28 Jun 2024. Eshakti.Com has 20 board changes on record in total.
Eshakti.Com has 37 MSME Form 1 returns on record between 2018 and 2023, listing 3,783 overdue payments to 40 micro and small suppliers. The latest return was filed on 29 Aug 2023.