DPIIT recognised startup Government of India
Startup India
Mecwin Technologies India Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹14.62 Lakh
Issued & subscribed
Open charges
₹20.57 Cr
Satisfied ₹38.7 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
85
Provident fund records
Directors on board
2
As per MCA filings
Active GSTINs
7
of 8 registered
Brands
1
Associated brands
About Mecwin Technologies India Private Limited
Data last updated:
Mecwin Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 28 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35999KA2020PTC137824. Its GSTIN is 29AANCM7396P1Z5 (Karnataka). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹14.62 Lakh. It is led by directors Halenahally Mallesha Shiva Kumar (Managing Director) and Sanabaghatta Savandaiah Asharani (Whole-Time Director).
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 Bangalore, Karnataka.
The company has about 85 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Mecwin. As per MCA filings, the company has open charges of ₹20.57 Cr and satisfied charges of ₹38.7 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 9 deals on record (3 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.2 Cr; the latest was in November 2023. Its 5 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is Astek Electricals India Private Limited with revenue of ₹65.49 Cr. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 341 overdue payments to 24 micro and small suppliers.
Mecwin Technologies India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0017621). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mecwinindia.com.
Company details
CIN U35999KA2020PTC137824
Registration Number 137824
Incorporation Date 28 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0017621
Key People
Halenahally Mallesha Shiva Kumar Managing Director Sanabaghatta Savandaiah Asharani Whole-Time Director Recognitions & Rankings of Mecwin Technologies India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0017621
Contact details
Mecwin Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its website is mecwinindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 65/3 – 1 Ground Floor, Industrial Suburb, Bangalore, Karnataka, India – 560022
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Mecwin Technologies India Private Limited, buy the company report.
Comprehensive company report
Mecwin Technologies India Private Limited - one report that includes everything
- 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
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Brands
Mecwin Technologies India operates one associated brand: Mecwin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EV motors, solar pumps, controllers, and IoT products are manufactured. | mecwinindia.com |
Business activity
The main business activity of Mecwin Technologies India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Mecwin Technologies India Private Limited, buy the company report.
Financials of Mecwin Technologies India Private Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Mecwin Technologies India Private Limited, buy the company report.
Board of directors of Mecwin Technologies India Private Limited
Mecwin Technologies India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanabaghatta Savandaiah Asharani Also directs: Mecwin Green Propulsions Private Limited | Whole-Time Director | 28 Aug 2020 | 6 Years 1 Months | Current |
| Halenahally Mallesha Shiva Kumar Also directs: SSB Rice Traders LLP, Mecwin Green Propulsions Private Limited | Managing Director | 28 Aug 2020 | 6 Years 1 Months | Current |
Peer comparison
Mecwin Technologies India Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Astek Electricals India Private Limited | ₹65.49 Cr (FY 2025) | 42.0% | Surat, Gujarat, India | |||
| Power Formers Engineers Private Limited | ₹65.4 Cr (FY 2024) | 10.0% | Pune, Maharashtra, India | |||
| Themis Automation Private Limited | ₹64.85 Cr (FY 2024) | 2.0% | Ahmedabad, Gujarat, India | |||
| Radhe Renewable Energy Development Private Limited | ₹64.08 Cr (FY 2025) | 27.0% | Metoda Gidc, Gujarat, India | |||
| Evergreen Electricals Private Limited | ₹63.45 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mecwin Technologies India Private Limited, buy the company report.
Auditor
Mecwin Technologies India Private Limited is audited by MRNM & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRNM & CO | FY 2024 | 013072S |
Shareholding
The shareholding of Mecwin Technologies India Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mecwin Technologies India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.57 Cr
Satisfied charges
₹38.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2024 | 101013384 | Canara Bank | ₹20.39 Cr | Open | |
| 07 Feb 2024 | 100925025 | Hdfc Bank Limited | ₹17.65 Lakh | Open | |
| 14 May 2024 | 100930568 | Hdfc Bank Limited | ₹15 Cr | Satisfied | |
| 31 Oct 2023 | 100847822 | The Hongkong and Shanghai Banking Corporation Limited | ₹15.2 Cr | Satisfied | |
| 31 Aug 2023 | 100781852 | Canara Bank | ₹5 Cr | Satisfied |
To see the full charge records of Mecwin Technologies India Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Mecwin Technologies India Private Limited has 9 deals on record (3 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.2 Cr; the latest was in November 2023.
Total deals
9
Rights issues
3
Funding rounds
3
Secondary share transfers
2
Convertible or debt financing
1
Disclosed funding
₹8.2 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Funding round | ₹2.98 Cr | Investors: 4 individuals |
| Oct 2023 | Funding round | ₹29.7 Lakh | Investors: Starlit Finance Limited |
| Sep 2023 | Rights issue | ₹4.5 Cr | Investors: Gjnx Ventures, G Prakash Chand Baid HUF, 2 individuals |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Starlit Technologies Private Limited , an individual Seller: 3 individuals |
| Feb 2022 | Funding round | ₹40 Lakh | Investors: Steer Advisory Services Private Limited |
To see the full deal history of Mecwin Technologies 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
Mecwin Technologies India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Mecwin Technologies India 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
Mecwin Technologies India Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 341 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Silver Consumer Electricals Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Sun Techpro Engineering (Bangalore) Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Mecwin Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mecwin Technologies India has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Mecwin Green Propulsions Private Limited | U27103KA2024PTC185667 |
To see the full group structure of Mecwin Technologies India Private Limited, buy the company report.
Employees & EPFO
Mecwin Technologies India Private Limited has a workforce of 85 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
Employee count
85
Active EPFO establishments
1
Employee growth
49.12%
GST
Mecwin Technologies India has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM7396P1Z5 | Karnataka | Active | 22 Sep 2020 |
| 29AANCM7396P2Z4 | Karnataka | Active | 01 Apr 2025 |
| 21AANCM7396P1ZL | Odisha | Active | 05 Apr 2023 |
| 22AANCM7396P1ZJ | Chattisgarh | Active | 27 Apr 2023 |
To see the full GST registrations and return filing status of Mecwin Technologies India Private Limited, buy the company report.
Recent activity
Mecwin Technologies India Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Halenahally Mallesha Shiva Kumar ceased to be Director on 30 Sep 2024.
Charges
A charge with Canara Bank of Rs. 20.39 Cr registered on 16 Nov 2024 with Charge ID 101013384 was modified on 18 Jun 2026.
AGM
Mecwin Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mecwin Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 14 May 2024 via Charge ID 100930568 with Hdfc Bank Limited was fully satisfied on 04 Jan 2025.
Charges
A charge with Canara Bank amounted to Rs. 20.39 Cr with Charge ID 101013384 was registered on 16 Nov 2024.
Ceased
Halenahally Mallesha Shiva Kumar ceased to be Director.
Ceased
Sanabaghatta Savandaiah Asharani ceased to be Director.
Charges
A charge registered on 31 Oct 2023 via Charge ID 100847822 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 04 Sep 2024.
Charges
A charge registered on 29 Jun 2022 via Charge ID 100592926 with Others was fully satisfied on 02 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100930568 was registered on 14 May 2024.
Charges
A charge registered on 31 Aug 2023 via Charge ID 100781852 with Canara Bank was fully satisfied on 06 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100925025 was registered on 07 Feb 2024.
10 earlier events are in the company report.
Frequently asked questions
Mecwin Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 28 August 2020 (6+ years old) and is registered under CIN U35999KA2020PTC137824.
Mecwin Technologies India has 2 current directors:
- Halenahally Mallesha Shiva Kumar - Managing Director
- Sanabaghatta Savandaiah Asharani - Whole-Time Director
The latest financial statements of Mecwin Technologies India 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 FY 2021 are in the company report.
The GSTIN of Mecwin Technologies India is 29AANCM7396P1Z5, registered in Karnataka. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 29AANCM7396P2Z4 (Karnataka), 21AANCM7396P1ZL (Odisha), 22AANCM7396P1ZJ (Chattisgarh).
The CIN (Corporate Identification Number) of Mecwin Technologies India is U35999KA2020PTC137824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mecwin Technologies India has 1 court case on record: 1 filed against it.
Mecwin Technologies India was incorporated on 28 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Mecwin Technologies India has 9 deals on record (3 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.2 Cr; the latest was in November 2023.
The peers of Mecwin Technologies India by revenue are Astek Electricals India Private Limited, Power Formers Engineers Private Limited, Themis Automation Private Limited, Radhe Renewable Energy Development Private Limited, Evergreen Electricals Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Halenahally Mallesha Shiva Kumar ceased to be Director on 30 Sep 2024. Sanabaghatta Savandaiah Asharani ceased to be Director on 30 Sep 2024. Halenahally Mallesha Shiva Kumar was appointed as Managing Director on 28 Aug 2020. Mecwin Technologies India has 4 board changes on record in total.
Yes, Mecwin Technologies India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mecwin Technologies India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0017621).