About Ohmium Operations Private Limited
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Ohmium Operations Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Ohmium International, Inc.. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 03 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2011PTC061055. Its GSTIN is 29AACCE8724E1ZL (Karnataka). The company holds 11 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.16 Cr. It was formerly known as Enarka India Private Limited and Enarka Instruments Private Limited. It is led by directors including Shaji John (Whole-Time Director) and Arne Watson Ballantine.
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 ₹295.22 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Cr (net margin 0.9%) and EBITDA of ₹13.44 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 133% over three years and 107% over five years.
The company has about 495 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: enArka and Ohmium. As per MCA filings, the company has open charges of ₹318 Cr and satisfied charges of ₹1.42 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 9 deals on record (4 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.96 Cr; the latest was in December 2023. Its 8 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 5 smaller; the largest is Kanohar Electricals Limited with revenue of ₹304.52 Cr. The company has 5 MSME Form 1 returns on record between 2022 and 2023, listing 374 overdue payments to 54 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ohmium.com.
Company details
Name history
Ohmium Operations has undergone 2 name changes throughout its history. The company was previously known as Enarka India Private Limited, and Enarka Instruments Private Limited. The current legal name is Ohmium Operations Private Limited.
| Company Name | Status |
|---|---|
| Ohmium Operations Private Limited | Current |
| Enarka India Private Limited | Previous |
| Enarka Instruments Private Limited | Previous |
Contact details
Ohmium Operations Private Limited's registered office is in Bengaluru, Karnataka. Its website is ohmium.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.19/3 3rd Floor Bikasipura Road Off Kanakpura Rd Konankunte Village Uttarah, Alli Hobli, Bengaluru, Karnataka, India – 560062
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ohmium Operations 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
Ohmium Operations operates two associated brands: enArka and Ohmium. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive solutions for renewable energy production and distribution. | enarka.com | |
| Provider of proton exchange membrane battery solution | ohmium.com |
Business activity
The main business activity of Ohmium Operations 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 Ohmium Operations Private Limited, buy the company report.
Financials of Ohmium Operations Private Limited
FY 2024 filings availableOhmium Operations Private Limited reported revenue of ₹295.22 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 107%. EBITDA fell 13% 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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| Total Expenses | |||||
| EBITDA | ₹13.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.61 Cr | ||||
| Balance Sheet | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ohmium Operations Private Limited, buy the company report.
Board of directors of Ohmium Operations Private Limited
Ohmium Operations has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arne Watson Ballantine | Director | 08 Jan 2021 | 5 Years 9 Months | Current |
| Shaji John Also directs: Ohmium India Private Limited | Whole-Time Director | 22 Sep 2022 | 4 Years 1 Months | Current |
| Ashwin Krishna Varma Also directs: Ohmium India Private Limited | Director | 07 Mar 2023 | 3 Years 8 Months | Current |
| Chockkalingam Karuppaiah Also directs: Tafel Labs India Private Limited | Director | 13 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Ohmium Operations Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Kanohar Electricals Limited | ₹304.52 Cr (FY 2024) | -3.0% | Meerut, Uttar Pradesh, India | |||
| Enpay Transformer Components India Private Limited | ₹303.48 Cr (FY 2025) | 44.0% | Savli, Gujarat, India | |||
| Lucy Electric Manufacturing and Technologies India Private Limited | ₹297.06 Cr (FY 2025) | 36.0% | Halol, Gujarat, India | |||
| Ohmium Operations Private Limitedthis company | ₹295.22 Cr (FY 2025) | ₹2.61 Cr | 0.9% | -2.0% | 495 | Bengaluru, Karnataka, India |
| Elmex Electric Private Limited | ₹293.43 Cr (FY 2025) | 30.0% | Vadodara, Gujarat, India | |||
| Navitas Green Solutions Private Limited | ₹291.51 Cr (FY 2024) | 44.0% | Surat, Gujarat, India | |||
| Hi-Tech Systems & Services Ltd. | ₹290.03 Cr (FY 2024) | 19.0% | Kolkata, West Bengal, India | |||
| Powergear Limited | ₹289.87 Cr (FY 2025) | -2.0% | Chennai, Tamil Nadu, India | |||
| Abhishek Solar Industries Private Limited | ₹284.98 Cr (FY 2025) | 257.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of Ohmium Operations Private Limited, buy the company report.
Auditor
Ohmium Operations Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Ohmium Operations 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 Ohmium Operations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2025 | 101171579 | The Hongkong and Shanghai Banking Corporation Limited | ₹150 Cr | Open | |
| 17 Oct 2023 | 100810285 | Jp Morgan Chase Bank, N.A. | ₹18 Cr | Open | |
| 21 Sep 2022 | 100623626 | Hdfc Bank Limited | ₹150 Cr | Open | |
| 26 Apr 2018 | 100237878 | Yes Bank Limited | ₹1.42 Cr | Satisfied |
To see the full charge records of Ohmium Operations Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Ohmium Operations Private Limited has 9 deals on record (4 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.96 Cr; the latest was in December 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Rights issue | ₹23.2 Cr | Investors: Ohmium International Inc |
| Nov 2021 | Rights issue | ₹161.42 Cr | Investors: Ohmium International Inc |
| Mar 2021 | Rights issue | ₹42.53 Cr | Investors: Ohmium International Inc |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: Ohmium International Inc Seller: Avalon Technology and Services Private Limited , 3 individuals |
| Feb 2019 | Funding round | ₹2.35 Cr | Investors: Avalon Technology and Services Private Limited |
To see the full deal history of Ohmium Operations 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
Ohmium Operations Private Limited has 2 court cases on record: 1 filed by Ohmium Operations, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Assistant Commissioner of Commercial Taxes | Pending |
To see the full case history of Ohmium Operations 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
Ohmium Operations Private Limited has 5 MSME Form 1 returns on record between 2022 and 2023, listing 374 overdue payments to 54 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 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ganesh Engineering Works | |||
| Samarth Electronics | |||
| Balaji Metal Tech | |||
| an individual supplier |
To see the full MSME payment records of Ohmium Operations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ohmium Operations has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ohmium India Private Limited | U29309KA2020PTC134303 |
To see the full group structure of Ohmium Operations Private Limited, buy the company report.
Employees & EPFO
Ohmium Operations Private Limited has a workforce of 495 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Ohmium Operations has 11 GST registrations: 6 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE8724E1ZL | Karnataka | Active | 01 Jul 2017 |
| 29AACCE8724E2ZK | Karnataka | Active | 03 Apr 2025 |
| 22AACCE8724E1ZZ | Chattisgarh | Active | 01 Jul 2017 |
| 10AACCE8724E1Z4 | Bihar | Active | 17 Aug 2017 |
To see the full GST registrations and return filing status of Ohmium Operations Private Limited, buy the company report.
Recent activity
Ohmium Operations Private Limited has 16 board changes on record since 2014: 4 appointments and 12 cessations. The latest: Ashwin Krishna Varma ceased to be Additional Director on 26 Sep 2023.
13 earlier events are in the company report.
News
Frequently asked questions
Ohmium Operations is an active private limited company based in Bengaluru, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 03 November 2011 (15+ years old) and is registered under CIN U31900KA2011PTC061055.
Ohmium Operations has 4 current directors:
- Shaji John - Whole-Time Director
- Arne Watson Ballantine - Director
- Ashwin Krishna Varma - Director
- Chockkalingam Karuppaiah - Director
The latest financial statements of Ohmium Operations 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 2015 are in the company report.
The GSTIN of Ohmium Operations is 29AACCE8724E1ZL, registered in Karnataka. The company has 11 GST registrations in all, of which 6 are active and 5 are cancelled or inactive. Other active GSTINs include 29AACCE8724E2ZK (Karnataka), 22AACCE8724E1ZZ (Chattisgarh), 10AACCE8724E1Z4 (Bihar).
The CIN (Corporate Identification Number) of Ohmium Operations is U31900KA2011PTC061055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ohmium Operations has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
Ohmium Operations was incorporated on 03 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Ohmium Operations has 9 deals on record (4 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.96 Cr; the latest was in December 2023.
The peers of Ohmium Operations by revenue are Kanohar Electricals Limited, Enpay Transformer Components India Private Limited, Lucy Electric Manufacturing and Technologies India Private Limited, Elmex Electric Private Limited, Navitas Green Solutions Private Limited and 3 more, 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).
Ashwin Krishna Varma ceased to be Additional Director on 26 Sep 2023. Chockkalingam Karuppaiah ceased to be Additional Director on 26 Sep 2023. Ashwin Krishna Varma was appointed as Director on 07 Mar 2023. Ohmium Operations has 16 board changes on record in total.
Ohmium Operations has 5 MSME Form 1 returns on record between 2022 and 2023, listing 374 overdue payments to 54 micro and small suppliers. The latest return was filed on 04 Jan 2024.
Ohmium Operations can be reached through the website ohmium.com. Its registered office is in Bengaluru, Karnataka, India.
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