About Saveawatt Power Electronics Private Limited
Data last updated:
Saveawatt Power Electronics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 14 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31908KA2012PTC067262. Its GSTIN is 29AASCS4205L1ZS (Karnataka). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹24.17 Lakh. It is led by directors Tata Venkata Narasimha Pavankumar and Marti Chandra Sekhar.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 218 5th Main 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.64 Cr, a growth of 102% compared to the previous year. For the same year it recorded a net loss of ₹30.36 Lakh (net margin -11.5%) and EBITDA of -₹28.73 Lakh (EBITDA margin -10.9%). Revenue has declined at a compounded annual rate (CAGR) of 29% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹90 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saveawatt.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 218 5th Main 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Saveawatt Power Electronics Private Limited
The main business activity of Saveawatt Power Electronics is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saveawatt Power Electronics Private Limited FY 2024 filings available
Saveawatt Power Electronics Private Limited reported revenue of ₹2.64 Cr (up 102% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Saveawatt Power Electronics Private Limited
Revenue rose 102% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA fell 531% 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 of Saveawatt Power Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.64 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹28.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹30.36 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Saveawatt Power Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saveawatt Power Electronics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Saveawatt Power Electronics Private Limited
Saveawatt Power Electronics Private Limited is audited by K N Sudhakara Reddy & Co for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K N Sudhakara Reddy & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saveawatt Power Electronics Private Limited
Saveawatt Power Electronics has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tata Venkata Narasimha Pavankumar | Director | 27 Oct 2021 | 4 Years 11 Months | Current |
| Marti Chandra Sekhar | Director | 30 Apr 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Saveawatt Power Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saveawatt Power Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Sep 2018 | Axis Bank Limited | ₹90 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Saveawatt Power Electronics Private Limited
Saveawatt Power Electronics Private Limited has 6 court cases on record: 6 filed against it. All cases are pending. Status as checked between 21 Sep 2026 and 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 3 | 3 |
| District courts | 3 | 3 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Truepower Energy and Automation Private Limited | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Saveawatt Power Electronics Private Limited
Saveawatt Power Electronics Private Limited has a workforce of 40 employees as of Sep 24, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saveawatt Power Electronics Private Limited
Saveawatt Power Electronics Private Limited has 12 board changes on record since 2013: 2 appointments and 10 cessations. The latest: Tata Venkata Narasimha Pavankumar was appointed as Director on 27 Oct 2021.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Saveawatt Power Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saveawatt Power Electronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saveawatt Power Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saveawatt Power Electronics Private Limited
Saveawatt Power Electronics has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCS4205L1ZS | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saveawatt Power Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saveawatt Power Electronics Private Limited
Saveawatt Power Electronics is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 14 December 2012 (14+ years old) and is registered under CIN U31908KA2012PTC067262.
Saveawatt Power Electronics reported revenue of ₹2.64 Cr for FY 2024 (up 102% YoY).
Saveawatt Power Electronics has 2 current directors:
- Tata Venkata Narasimha Pavankumar - Director
- Marti Chandra Sekhar - Director
Saveawatt Power Electronics reported a net loss of ₹30.36 Lakh (net margin -11.5%) and EBITDA of -₹28.73 Lakh (EBITDA margin -10.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saveawatt Power Electronics is -29% over five years. In the latest year (FY 2024) revenue rose 102%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saveawatt Power Electronics is 29AASCS4205L1ZS, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Saveawatt Power Electronics is U31908KA2012PTC067262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saveawatt Power Electronics has 6 court cases on record: 6 filed against it. 6 are pending. Most are in the nclat.
Saveawatt Power Electronics was incorporated on 14 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Tata Venkata Narasimha Pavankumar was appointed as Director on 27 Oct 2021. Satish Lingamsetti ceased to be Director on 04 Oct 2021. Molugu Reddy Vikas ceased to be Director on 14 Feb 2021. Saveawatt Power Electronics has 12 board changes on record in total.