About Grid Power Conversion Private Limited
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Grid Power Conversion Private Limited is a private limited company based in Bangaloresouth, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 06 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40101KA2002PTC030861. Its GSTIN is 29AACCG0530G1ZZ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jaya Panth Shetty and Patrapanda Hasmita Monnappa.
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 Bangaloresouth, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 15.6%) and EBITDA of ₹1.27 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 69% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹5 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gridpowerconversion.com.
Company details
Contact details
Grid Power Conversion Private Limited's registered office is in Bangaloresouth, Karnataka. Its website is gridpowerconversion.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#387 12th Cross Rashi Residency, Kadabagere Cross Magadi Main Road, Bangaloresouth, Karnataka, India – 562130
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Grid Power Conversion 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 Grid Power Conversion is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Grid Power Conversion Private Limited, buy the company report.
Financials of Grid Power Conversion Private Limited
FY 2025 filings availableGrid Power Conversion Private Limited reported revenue of ₹8.11 Cr (up 354% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 354% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.27 Cr | ||||
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| Net Profit (PAT) | ₹1.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 15.6% | ||||
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To see the full financial statements and ratios of Grid Power Conversion Private Limited, buy the company report.
Board of directors of Grid Power Conversion Private Limited
Grid Power Conversion has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaya Panth Shetty | Director | 26 May 2003 | 23 Years 4 Months | Current |
| Patrapanda Hasmita Monnappa | Additional Director | 07 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Grid Power Conversion Private Limited is audited by GNB & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GNB & Associates | FY 2023 | 015466S |
Shareholding
The shareholding of Grid Power Conversion 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grid Power Conversion Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2024 | 100949221 | State Bank of India | ₹2 Cr | Open | |
| 28 Feb 2011 | 10326900 | Idbi Bank Limited | ₹5 Lakh | Satisfied |
To see the full charge records of Grid Power Conversion Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Grid Power Conversion Private Limited has 3 court cases on record: 3 filed by Grid Power Conversion. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Esteem Power Trax Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Esteem Power Trax Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Grid Power Conversion 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
No delayed payments to MSME suppliers are on our record for Grid Power Conversion Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grid Power Conversion has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCG0530G1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grid Power Conversion Private Limited, buy the company report.
Recent activity
Grid Power Conversion Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Patrapanda Hasmita Monnappa was appointed as Additional Director on 07 Nov 2025.
Frequently asked questions
Grid Power Conversion is an active private limited company based in Bangaloresouth, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 06 August 2002 (24+ years old) and is registered under CIN U40101KA2002PTC030861.
Grid Power Conversion has 2 current directors:
- Jaya Panth Shetty - Director
- Patrapanda Hasmita Monnappa - Additional Director
The latest financial statements of Grid Power Conversion on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Grid Power Conversion is 29AACCG0530G1ZZ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Grid Power Conversion is U40101KA2002PTC030861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grid Power Conversion has 3 court cases on record: 3 filed by the company.
Grid Power Conversion was incorporated on 06 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Patrapanda Hasmita Monnappa was appointed as Additional Director on 07 Nov 2025. Mukatira Cariappa Muthanna ceased to be Director on 31 Jan 2020. Jaya Panth Shetty was appointed as Director on 26 May 2003. Grid Power Conversion has 4 board changes on record in total.
Grid Power Conversion can be reached through the website gridpowerconversion.com. Its registered office is in Bangaloresouth, Karnataka, India.
The registered office of Grid Power Conversion is at #387 12th Cross Rashi Residency, Kadabagere Cross Magadi Main Road, Bangaloresouth, Karnataka, India – 562130.