About Powernet Solutions Private Limited
Data last updated: 27 February 2026
Powernet Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 07 April 1999, the company has been in operation for over 27 years.
Registered with ROC Bangalore under CIN U31909KA1999PTC025040.
Capital: an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Kyadigunte Maddanna Krishna Murthy and Srinivasappa Thimma Dasappa Bhageerathi.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No 7 & 8 Jalaram Industrial Estate Arekere Gate Bannergatta Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.9 Cr, a decline of 9% compared to the previous year.
The company has a workforce of approximately 12 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹1.42 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powernetelevatorcomponents.com.
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Registered AddressNo 7 & 8 Jalaram Industrial Estate Arekere Gate Bannergatta Road, Bangalore, Karnataka, India – 560076
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IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Powernet Solutions Private Limited
Powernet Solutions Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Powernet Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Powernet Solutions Private Limited
Powernet Solutions Private Limited is audited by S R R K SHARMA ASSOCIATES for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R R K SHARMA ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Powernet Solutions Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Powernet Solutions Private Limited
Powernet Solutions Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kyadigunte Maddanna Krishna Murthy | Director | 07 Apr 1999 | 27 Years 3 Months | Current |
| Srinivasappa Thimma Dasappa Bhageerathi | Director | 22 Jan 2016 | 10 Years 6 Months | Current |
Financials of Powernet Solutions Private Limited FY 2025 filings available
Powernet Solutions Private Limited reported revenue of ₹7.9 Cr (down 9.00% YoY) for FY 2024.
Ten-year financial statements for Powernet Solutions Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Powernet Solutions Private Limited
Shareholding and ownership data for Powernet Solutions Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Powernet Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2020 | Canara Bank | ₹50 Lakh | Open |
| 19 Sep 2011 | Bank of Baroda | ₹1.42 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Powernet Solutions Private Limited
Powernet Solutions Private Limited has a workforce of 12 employees as of Apr 04, 2024.
Employee and EPFO history for Powernet Solutions Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Powernet Solutions Private Limited
GST registrations and filing compliance for Powernet Solutions Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Powernet Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Powernet Solutions Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Powernet Solutions Private Limited
MSME payment history for Powernet Solutions Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Powernet Solutions Private Limited
Corporate group structure for Powernet Solutions Private Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Powernet Solutions Private Limited
MCA filings and documents for Powernet Solutions Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Powernet Solutions Private Limited
Frequently Asked Questions about Powernet Solutions Private Limited
Powernet Solutions Private Limited is an active private limited company in the consumer electronics and durables sector based in Bangalore, Karnataka, India. It was incorporated on 07 April 1999 (27+ years old) and is registered under CIN U31909KA1999PTC025040. The company has 12 employees.
Powernet Solutions Private Limited reported revenue of ₹7.9 Cr for FY 2024 (down 9.00% YoY).
The current directors of Powernet Solutions Private Limited are:
- Kyadigunte Maddanna Krishna Murthy - Director
- Srinivasappa Thimma Dasappa Bhageerathi - Director
The primary industry of Powernet Solutions Private Limited is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.
Powernet Solutions Private Limited can be reached at the registered office: No 7 & 8 Jalaram Industrial Estate Arekere Gate Bannergatta Road, Bangalore, Karnataka, India – 560076, or through the website powernetelevatorcomponents.com.
The authorised capital is ₹25 Lakh, and the paid-up capital is ₹25 Lakh.