About Green Shift Private Limited
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Green Shift Private Limited is a private limited company based in Madurai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 22 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U50100TN2016PTC113836. Its GSTIN is 33AAGCG6202K1ZS (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Subbaian Maheswari and Raju Balaguru.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.396 East 8th Cross Street K.K.Nagar, Madurai, Tamil Nadu, India – 625020.
As per the financials filed for FY 2023, the company reported a revenue of ₹55.92 Lakh. For the same year it recorded a net loss of ₹1.68 Lakh (net margin -3%) and EBITDA of ₹37,643 (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 492% over five years.
As per MCA filings, the company has open charges of ₹5.05 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹12 Lakh; the latest was in August 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenshifts.in.
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- Registered AddressPlot No.396 East 8th Cross Street K.K.Nagar, Madurai, Tamil Nadu, India – 625020
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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
Financials of Green Shift Private Limited FY 2024 filings available
Green Shift Private Limited reported revenue of ₹55.92 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR) of Green Shift Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 492% over five years. 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 Green Shift Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹55.92 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹37,643 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.68 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 Green Shift Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3% | •••• | •••• | •••• | •••• |
| 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 Green Shift are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Green Shift Private Limited
Green Shift Private Limited is audited by K.K.B & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.K.B & ASSOCIATES | 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 Green Shift Private Limited
Green Shift has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subbaian Maheswari | Director | 22 Dec 2016 | 9 Years 9 Months | Current |
| Raju Balaguru | Director | 22 Dec 2016 | 9 Years 9 Months | Current |
Ownership and Shareholding of Green Shift 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 Green Shift Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2025 | State Bank of India | ₹15 Lakh | Open |
| 26 Apr 2024 | State Bank of India | ₹4.9 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Green Shift Private Limited
Green Shift Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹12 Lakh; the latest was in August 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Funding round | ₹12 Lakh | Investors: Aia Engineering Limited |
Full deal history
All 1 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.
Employees and EPFO Compliance at Green Shift Private Limited
Employment history and EPFO contributions of people linked to Green Shift.
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.
CIN History of Green Shift Private Limited
Green Shift has one previous CIN (Corporate Identification Number): U01100TN2016PTC113836. The current CIN is U50100TN2016PTC113836, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50100TN2016PTC113836 | Current |
| U01100TN2016PTC113836 | Previous |
Recent Activity on Green Shift Private Limited
Green Shift Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Raju Balaguru was appointed as Director on 22 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Green Shift 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 Green Shift 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 Green Shift 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 Green Shift Private Limited
Green Shift has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCG6202K1ZS | Tamil Nadu | Active | 18 Oct 2022 |
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 Green Shift 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 Green Shift Private Limited
Green Shift is an active private limited company based in Madurai, Tamil Nadu, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 22 December 2016 (10+ years old) and is registered under CIN U50100TN2016PTC113836.
Green Shift reported revenue of ₹55.92 Lakh for FY 2023.
Green Shift has 2 current directors:
- Subbaian Maheswari - Director
- Raju Balaguru - Director
Green Shift reported a net loss of ₹1.68 Lakh (net margin -3%) and EBITDA of ₹37,643 (EBITDA margin 0.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Green Shift is 492% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Green Shift is 33AAGCG6202K1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Green Shift is U50100TN2016PTC113836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Green Shift was incorporated on 22 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Green Shift has 1 deal on record (1 funding round), with disclosed funding of ₹12 Lakh; the latest was in August 2024.
Raju Balaguru was appointed as Director on 22 Dec 2016. Subbaian Maheswari was appointed as Director on 22 Dec 2016.