Powernet Energy Private Limited
About Powernet Energy Private Limited
Data last updated:
Powernet Energy Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the service-based operations segment of the business services sector. It was incorporated on 05 July 2016.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2016PTC111285.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Aloysius Jacob and Kurup Geetha Sreedhara.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Door No.70/120 First Floor Shop 4 Vanniyar Street Choolaimedu, Chennai, Tamil Nadu, India – 600094.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.38 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.21 Lakh (net margin -53.4%) and EBITDA of -₹8.11 Lakh (EBITDA margin -52.8%).
Company details
Contact details
Powernet Energy Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressDoor No.70/120 First Floor Shop 4 Vanniyar Street Choolaimedu, Chennai, Tamil Nadu, India – 600094
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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 Powernet Energy is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Powernet Energy Private Limited, buy the company report.
Financials of Powernet Energy Private Limited
FY 2018 filings availablePowernet Energy Private Limited reported revenue of ₹15.38 Lakh (up 212% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 212% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
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| Other Income | ||
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| Total Expenses | ||
| EBITDA | -₹8.11 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹8.21 Lakh | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -52.8% | |
| Net Profit Margin | -53.4% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Powernet Energy Private Limited, buy the company report.
Board of directors of Powernet Energy Private Limited
Powernet Energy has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aloysius Jacob | Director | 05 Jul 2016 | 10 Years 4 Months | As last reported |
| Kurup Geetha Sreedhara | Director | 05 Jul 2016 | 10 Years 4 Months | As last reported |
| Hebbale Venkataramiah Ananth | Director | 05 Jul 2016 | 10 Years 4 Months | As last reported |
Peer comparison
Powernet Energy Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Urban Waste Management Limited | ₹15.39 Lakh (FY 2024) | -50.0% | New Delhi, Delhi, India | |||
| Retrouvailles Trading Private Limited | ₹15.39 Lakh (FY 2023) | 276.0% | Kashipur, Uttarakhand, India | |||
| 7M Designs Private Limited | ₹15.39 Lakh (FY 2016) | -47.0% | Delhi, India | |||
| Assurequre Life Science Private Limited | ₹15.38 Lakh (FY 2025) | 618.0% | Bhiwadi, Rajasthan, India | |||
| Yoihen Angomcha Craft Private Limited | ₹15.38 Lakh (FY 2021) | 480.0% | Imphal West, Manipur, India | |||
| Powernet Energy Private Limitedthis company | ₹15.38 Lakh (FY 2018) | -₹8.21 Lakh | -53.4% | 212.0% | Chennai, Tamil Nadu, India | |
| Saisaavi Prime Electronics (OPC) Private Limited | ₹15.37 Lakh (FY 2019) | 59.0% | New Delhi, Delhi, India | |||
| Rohit Fashions Private Limited | ₹15.37 Lakh (FY 2025) | -16.0% | Jaipur, Rajasthan, India | |||
| Revaiyya Swamy Farmers Producer Company Limited | ₹15.37 Lakh (FY 2023) | 16.0% | Belgaum, Karnataka, India | |||
| Shrishrijee Import and Export Private Limited | ₹15.36 Lakh (FY 2019) | 39.0% | Ahmedabad, Gujarat, India | |||
| Lci Nutritions and Proteins Private Limited | ₹15.36 Lakh (FY 2023) | 28.0% | Delhi, India |
To see the full peer comparison of Powernet Energy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Powernet Energy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Powernet Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Powernet Energy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Powernet Energy Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Aloysius Jacob was appointed as Director on 05 Jul 2016.
Frequently asked questions
Powernet Energy has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Powernet Energy was a private limited company based in Chennai, Tamil Nadu, India. The company worked in other services, within the business services industry. It was incorporated on 05 July 2016 and is registered under CIN U74999TN2016PTC111285. The company has been struck off by the Registrar of Companies and is no longer operational.
Powernet Energy had 3 directors:
- Aloysius Jacob - Director
- Kurup Geetha Sreedhara - Director
- Hebbale Venkataramiah Ananth - Director
The CIN (Corporate Identification Number) of Powernet Energy is U74999TN2016PTC111285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Powernet Energy is at Door No.70120 First Floor Shop 4 Vanniyar Street Choolaimedu, Chennai, Tamil Nadu, India – 600094.
Powernet Energy was incorporated on 05 July 2016. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Powernet Energy on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from FY 2017 are in the company report.
Powernet Energy operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.
The peers of Powernet Energy by revenue are Urban Waste Management Limited, Retrouvailles Trading Private Limited, 7M Designs Private Limited, Assurequre Life Science Private Limited, Yoihen Angomcha Craft Private Limited and 5 more, all in the same principal business activity (retail trading).
Aloysius Jacob was appointed as Director on 05 Jul 2016. Hebbale Venkataramiah Ananth was appointed as Director on 05 Jul 2016. Kurup Geetha Sreedhara was appointed as Director on 05 Jul 2016.
Powernet Energy can be reached at its registered office: Door No.70120 First Floor Shop 4 Vanniyar Street Choolaimedu, Chennai, Tamil Nadu, India – 600094.
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