About Samagra Electric Private Limited
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Samagra Electric Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 08 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31400KA2015PTC081452. Its GSTIN is 29AAVCS9477P1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Kariganuru Vasudeva Banashankari and Kasa Radhakrishna Shetty Gopalkrishna.
Its last annual general meeting (AGM) was held on 26 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at #No. 19/2D J C Industrial Estate Bikasipura Road Behind Metro, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2019, the company reported a revenue of ₹93.89 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹36.31 Lakh (net margin -38.7%) and EBITDA of ₹21.78 Lakh (EBITDA margin 23.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
As per MCA filings, the company has open charges of ₹1.59 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website samagraxp.com.
Company details
Contact details
Samagra Electric Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address#No. 19/2D J C Industrial Estate Bikasipura Road Behind Metro, Bangalore, Karnataka, India – 560062
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Samagra Electric is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Samagra Electric Private Limited, buy the company report.
Financials of Samagra Electric Private Limited
FY 2019 filings availableSamagra Electric Private Limited reported revenue of ₹93.89 Lakh (up 2% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 2% growth in the latest year. EBITDA rose 340% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | ||||
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| Total Expenses | ||||
| EBITDA | ₹21.78 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹36.31 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 23.2% | |||
| Net Profit Margin | -38.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Samagra Electric Private Limited, buy the company report.
Board of directors of Samagra Electric Private Limited
Samagra Electric has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kariganuru Vasudeva Banashankari | Director | 08 Jul 2015 | 11 Years 4 Months | Current |
| Kasa Radhakrishna Shetty Gopalkrishna | Director | 08 Jul 2015 | 11 Years 4 Months | Current |
| Yammanur Lakshmi Devi | Additional Director | 09 Nov 2015 | 11 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2017 | 100135051 | Others | ₹37.55 Lakh | Open | |
| 10 Feb 2016 | 100019156 | Canara Bank | ₹1.21 Cr | Open |
To see the full charge records of Samagra Electric Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Samagra Electric Private Limited has 7 court cases on record: 1 filed by Samagra Electric, 6 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Hybrid Metals Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Iie Semiconductors Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by M/S Prex Enterprises, Through Prop. Mr. Prakash D. Joshi | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Samagra Electric 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 Samagra Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Samagra Electric has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS9477P1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Samagra Electric Private Limited, buy the company report.
Recent activity
Samagra Electric Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Chandrashekar Anitha ceased to be Director on 23 Jan 2020.
Frequently asked questions
Samagra Electric is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 08 July 2015 (11+ years old) and is registered under CIN U31400KA2015PTC081452.
Samagra Electric has 3 current directors:
- Kariganuru Vasudeva Banashankari - Director
- Kasa Radhakrishna Shetty Gopalkrishna - Director
- Yammanur Lakshmi Devi - Additional Director
The latest financial statements of Samagra Electric on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 June 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Samagra Electric is 29AAVCS9477P1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Samagra Electric is U31400KA2015PTC081452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samagra Electric has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Samagra Electric was incorporated on 08 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Chandrashekar Anitha ceased to be Director on 23 Jan 2020. Yammanur Lakshmi Devi was appointed as Additional Director on 09 Nov 2015. Kariganuru Vasudeva Banashankari was appointed as Director on 08 Jul 2015. Samagra Electric has 4 board changes on record in total.
Samagra Electric can be reached through the website samagraxp.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Samagra Electric is at #No. 192D J C Industrial Estate Bikasipura Road Behind Metro, Bangalore, Karnataka, India – 560062.
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