- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0007534

About Nsure Reliable Power Solutions Private Limited
Data last updated:
Nsure Reliable Power Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Ramalingam Construction Company Private Limited. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 03 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC097585. Its GSTIN is 29AAFCN3989B1Z6 (Karnataka).
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹9.24 Cr. It is led by directors including Ramalingam Chandrakanth and Nachimuthu Ramalingam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.31 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.6 Cr (net margin 6.6%) and EBITDA of ₹8.08 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 24% over five years.
The company has about 179 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NSURE. As per MCA filings, the company has open charges of ₹535 Cr and satisfied charges of ₹15 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 4 cases are pending. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹31.2 Cr; the latest was in March 2022. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 3 micro and small suppliers.
Nsure Reliable Power Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0007534). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nsure.co.in.
Company details
Recognitions & Rankings of Nsure Reliable Power Solutions
Contact details
Nsure Reliable Power Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is nsure.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.1 Nr Towers 3rd Floor Sirsi Circle To Binny Mill Road Near Eta Namma Mall Kh Rangana, Tha Colony, Bengaluru, Karnataka, India – 560026
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Nsure Reliable Power Solutions 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
Brands
Nsure Reliable Power Solutions operates one associated brand: NSURE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures lithium-ion cells and provides energy storage for mobility and industrial sectors. | nsure.co.in |
Business activity
The main business activity of Nsure Reliable Power Solutions is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Nsure Reliable Power Solutions Private Limited, buy the company report.
Financials of Nsure Reliable Power Solutions Private Limited
FY 2024 filings availableNsure Reliable Power Solutions Private Limited reported revenue of ₹69.31 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 21% 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 | ₹8.08 Cr | ||||
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| Net Profit (PAT) | ₹4.6 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 | 11.7% | ||||
| Net Profit Margin | 6.6% | ||||
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To see the full financial statements and ratios of Nsure Reliable Power Solutions Private Limited, buy the company report.
Board of directors of Nsure Reliable Power Solutions Private Limited
Nsure Reliable Power Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramalingam Chandrakanth | Director | 01 Apr 2019 | 7 Years 7 Months | Current |
| Nachimuthu Ramalingam Also directs: Spac Starch Products (India) Private Limited, Solar Ka9 Private Limited, Solar Ka16 Private Limited and 5 more | Director | 03 Nov 2016 | 10 Years 0 Months | Current |
| Ramalingam Suriyakanth Also directs: Spac Starch Products (India) Private Limited, Solar Ka9 Private Limited, Solar Ka16 Private Limited and 5 more | Director | 01 Apr 2019 | 7 Years 7 Months | Current |
| Nachimuthu Ramalingam Tamilselvi | Director | 03 Nov 2016 | 10 Years 0 Months | Current |
Auditor
Nsure Reliable Power Solutions Private Limited is audited by R G HEGDE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G HEGDE & CO | FY 2023 | 001118S |
Shareholding
The shareholding of Nsure Reliable Power Solutions 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nsure Reliable Power Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101157681 | Canara Bank | ₹475 Cr | Open | |
| 06 May 2025 | 101099818 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 31 Aug 2020 | 100371931 | Others | ₹30 Cr | Open | |
| 03 Apr 2018 | 100207790 | Vijaya Bank | ₹15 Cr | Satisfied |
To see the full charge records of Nsure Reliable Power Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Nsure Reliable Power Solutions Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹31.2 Cr; the latest was in March 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹31.2 Cr | Investors: Ramalingam Construction Company Private Limited , Ramalingam Holdings Private Limited , 2 individuals |
| Mar 2020 | Rights issue | ₹2.9 Cr | Investors: Ramalingam Construction Company Private Limited , 2 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nsure Reliable Power Solutions Private Limited has 9 court cases on record: 5 filed by Nsure Reliable Power Solutions, 4 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 3 |
| High courts | 3 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed against the company by Hubli Electricity Supply Company Limited | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Hubli Electricity Supply Company Ltd. by Its Managing Director Corporate Office, P B Road, Navanagar, Hubballi , , Karnataka and 1 other | Pending |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by Hubli Electricity Supply Company Ltd | Disposed |
| District court, DHARWAD, Karnataka | Court case (COM.EX) | Filed by the company against Hubli Electricity Supply Company Ltd, R by Managing Director | Disposed |
| High Court of Karnataka | Arbitration matter | Filed by the company against M/S. Indian Eye Security Pvt. Ltd., | Disposed |
To see the full case history of Nsure Reliable Power Solutions 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
Nsure Reliable Power Solutions Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Spectrum Tool Engineers Private Limited | |||
| N Soft (India) Services Private Limited | |||
| Ramalingam Construction Company Private Limited |
To see the full MSME payment records of Nsure Reliable Power Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nsure Reliable Power Solutions Private Limited has a workforce of 179 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Nsure Reliable Power Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN3989B1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nsure Reliable Power Solutions Private Limited, buy the company report.
Recent activity
Nsure Reliable Power Solutions Private Limited has 7 board changes on record since 2016: 4 appointments and 3 cessations. The latest: Ramalingam Chandrakanth ceased to be Additional Director on 30 Sep 2019.
5 earlier events are in the company report.
Frequently asked questions
Nsure Reliable Power Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 03 November 2016 (10+ years old) and is registered under CIN U74999KA2016PTC097585.
Nsure Reliable Power Solutions has 4 current directors:
- Ramalingam Chandrakanth - Director
- Nachimuthu Ramalingam - Director
- Ramalingam Suriyakanth - Director
- Nachimuthu Ramalingam Tamilselvi - Director
The latest financial statements of Nsure Reliable Power Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Nsure Reliable Power Solutions is 29AAFCN3989B1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Nsure Reliable Power Solutions is U74999KA2016PTC097585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nsure Reliable Power Solutions has 9 court cases on record: 5 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Nsure Reliable Power Solutions was incorporated on 03 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Nsure Reliable Power Solutions has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹31.2 Cr; the latest was in March 2022.
Ramalingam Chandrakanth ceased to be Additional Director on 30 Sep 2019. Ramalingam Suriyakanth ceased to be Additional Director on 30 Sep 2019. Ramalingam Chandrakanth was appointed as Director on 01 Apr 2019. Nsure Reliable Power Solutions has 7 board changes on record in total.
Yes, Nsure Reliable Power Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0007534).
Nsure Reliable Power Solutions has 3 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 3 micro and small suppliers. The latest return was filed on 14 Dec 2020.

