About Essential Energy India Private Limited
Data last updated:
Essential Energy India Private Limited was a private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Intelligent Energy Holdings (Singapore) Pte Ltd. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 22 May 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U40107KA2013PTC069221. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹80 Cr and a paid-up capital of ₹78.12 Cr. It was formerly known as Speckless Power Service Providers Private Limited. It was led by directors Ramesh Parathasarathy and William Douglas Milne.
Its last annual general meeting (AGM) was held on 25 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No 567/1 2nd Floor Burugul Mutt Road Vv Puram Bangalore, Bengaluru, Karnataka, India – 560004.
As per the financials filed for FY 2020, the company reported a revenue of ₹31.63 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹4.59 Cr and EBITDA of -₹40.1 Lakh (EBITDA margin -126.8%). Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 74% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was struck off.
The company has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹70.15 Cr; the latest was in March 2020.
The last known website on record is e2-india.com.
Company details
Contact details
Essential Energy India Private Limited's registered office is in Bengaluru, Karnataka. Its website is e2-india.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo 567/1 2nd Floor Burugul Mutt Road Vv Puram Bangalore, Bengaluru, Karnataka, India – 560004
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Essential Energy 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
Business activity
The main business activity of Essential Energy India 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 |
Financials of Essential Energy India Private Limited
FY 2020 filings availableEssential Energy India Private Limited reported revenue of ₹31.63 Lakh (down 17% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 17% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹40.1 Lakh | ||||
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| Net Profit (PAT) | -₹4.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | -126.8% | ||||
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To see the full financial statements and ratios of Essential Energy India Private Limited, buy the company report.
Board of directors of Essential Energy India Private Limited
Essential Energy India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Parathasarathy Also directs: Cowork Consulting LLP | Director | 02 Jul 2018 | 8 Years 4 Months | As last reported |
| William Douglas Milne Also directs: Racanaa Innovative Solutions Energy Private Limited | Director | 18 Jun 2013 | 13 Years 4 Months | As last reported |
Auditor
Essential Energy India Private Limited is audited by Ganesh Viswanathan for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ganesh Viswanathan | FY 2016 |
Shareholding
The shareholding of Essential Energy India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Essential Energy India Private Limited, buy the company report.
Deals & funding
Essential Energy India Private Limited has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹70.15 Cr; the latest was in March 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Funding round | ₹63.04 Cr | Investors: Intelligent Energy Holdings (Singapore) Pte Ltd, Intelligent Energy Limited |
| Sep 2016 | Funding round | ₹2.21 Cr | Investors: Intelligent Energy Holdings (Singapore) Pte Ltd |
| Jul 2016 | Rights issue | ₹7.9 Cr | Investors: Intelligent Energy Holdings (Singapore) Pte Ltd |
| May 2014 | Rights issue | ₹13.8 Lakh | Investors: Intelligent Energy Holdings (Singapore) Pte Ltd |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Intelligent Energy Holdings (Singapore) Pte Ltd Seller: 2 individuals |
To see the full deal history of Essential Energy India 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 Essential Energy 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
No delayed payments to MSME suppliers are on our record for Essential Energy India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Essential Energy India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Essential Energy India has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Essential Energy India Private Limited, buy the company report.
Recent activity
Essential Energy India Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Ramesh Parathasarathy ceased to be Additional Director on 30 Sep 2019.
1 earlier event is in the company report.
Frequently asked questions
Essential Energy India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Essential Energy India was a private limited company based in Bengaluru, Karnataka, India. The company worked in power transmission and distribution services, within the energy and power industry. It was incorporated on 22 May 2013 and is registered under CIN U40107KA2013PTC069221. The company has been struck off by the Registrar of Companies and is no longer operational.
Essential Energy India had 2 directors:
- Ramesh Parathasarathy - Director
- William Douglas Milne - Director
The CIN (Corporate Identification Number) of Essential Energy India is U40107KA2013PTC069221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Essential Energy India is at No 5671 2nd Floor Burugul Mutt Road Vv Puram Bangalore, Bengaluru, Karnataka, India – 560004.
Essential Energy India was incorporated on 22 May 2013. It is registered with the Registrar of Companies, Bangalore.
Essential Energy India can be reached through the website e2-india.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Essential Energy India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 25 June 2020. Year-wise statements from 2015 are in the company report.
No. Essential Energy India has 10 GST registrations on record and all of them are cancelled or inactive.
Essential Energy India operated in the energy and power industry, in the power transmission and distribution services segment. It worked in this industry before it was struck off.
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