MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0138769
Seattle Power Solutions Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.07 Cr
▲ 1% YoY
Net profit · FY 2025
₹8.61 Lakh
Net margin 8.1%
EBITDA · FY 2025
₹56.36 Lakh
EBITDA margin 52.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹37.5 Lakh
Issued & subscribed
Open charges
₹3.15 Cr
Satisfied ₹18.95 Cr
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Seattle Power Solutions Private Limited
Data last updated:
Seattle Power Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31401MH2012PTC266822. Its GSTIN is 27AASCS5093E1ZV (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹37.5 Lakh. It was formerly known as Seattle Power Solutions Limited. It is led by directors Pankaj Bhati and Vinita Bhati.
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 1019 C Wing 215 Atrium Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.07 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹8.61 Lakh (net margin 8.1%) and EBITDA of ₹56.36 Lakh (EBITDA margin 52.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 28% over five years.
The company is associated with 1 brand: Seattle Power Solutions. As per MCA filings, the company has open charges of ₹3.15 Cr and satisfied charges of ₹18.95 Cr on record.
Seattle Power Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0138769). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seattlepowers.com.
Company details
CIN U31401MH2012PTC266822
Registration Number 266822
Incorporation Date 24 December 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0138769
CIN history
Seattle Power Solutions has one previous CIN (Corporate Identification Number): U31401DL2012PTC246653. The current CIN is U31401MH2012PTC266822, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31401MH2012PTC266822 | Current |
| U31401DL2012PTC246653 | Previous |
Key People
Pankaj Bhati Director Vinita Bhati Director Recognitions & Rankings of Seattle Power Solutions
Contact details
Seattle Power Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is seattlepowers.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1019 C Wing 215 Atrium Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Seattle Power Solutions Private Limited, buy the company report.
Comprehensive company report
Seattle Power Solutions Private Limited - one report that includes everything
- 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
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Brands
Seattle Power Solutions operates one associated brand: Seattle Power Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Energy solutions, power generation, and transmission services in India. | seattlepowers.com |
Business activity
The main business activity of Seattle Power Solutions is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Seattle Power Solutions Private Limited, buy the company report.
Financials of Seattle Power Solutions Private Limited
FY 2024 filings availableSeattle Power Solutions Private Limited reported revenue of ₹1.07 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹1.07 Cr ▲ 1%
Net profit · FY 2025
₹8.61 Lakh margin 8.1%
EBITDA · FY 2025
₹56.36 Lakh margin 52.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 2%
5 years · compounded
▼ 28%
EBITDA CAGR growth
3 years · compounded
▲ 35%
5 years · compounded
▼ 23%
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. 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 | ₹56.36 Lakh | ||||
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| Net Profit (PAT) | ₹8.61 Lakh | ||||
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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 | 52.8% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Seattle Power Solutions Private Limited, buy the company report.
Board of directors of Seattle Power Solutions Private Limited
Seattle Power Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Bhati | Director | 06 Jan 2014 | 12 Years 9 Months | Current |
| Vinita Bhati Also directs: Evoverax Growth LLP, Alpha TND Multinational Private Limited, Aarambh Securities Limited and 1 more | Director | 06 Aug 2013 | 13 Years 2 Months | Current |
Auditor
Seattle Power Solutions Private Limited is audited by J A M & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J A M & ASSOCIATES | FY 2022 | 010201C |
Shareholding
The shareholding of Seattle Power Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Seattle Power Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.15 Cr
Satisfied charges
₹18.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2025 | 101226020 | Others | ₹3.15 Cr | Open | |
| 06 Apr 2017 | 100091625 | Karnataka Bank Ltd. | ₹7.25 Cr | Satisfied | |
| 08 Jan 2016 | 10616701 | Karnataka Bank Ltd. | ₹5.2 Cr | Satisfied | |
| 24 Dec 2015 | 10610346 | State Bank of India | ₹2 Cr | Satisfied | |
| 20 Oct 2014 | 10528574 | Indiabulls Housing Finance Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Seattle Power Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Seattle Power Solutions 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 Seattle Power Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Seattle Power Solutions has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS5093E1ZV | Maharashtra | Active | 01 Jul 2017 |
| 23AASCS5093E1Z3 | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AASCS5093E1Z1 | Gujarat | Active | 21 Dec 2017 |
To see the full GST registrations and return filing status of Seattle Power Solutions Private Limited, buy the company report.
Recent activity
Seattle Power Solutions Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Gurmeet Mohan Singh ceased to be Additional Director on 30 Nov 2021.
Charges
A charge with Others amounted to Rs. 315.00 Lakh with Charge ID 101226020 was registered on 26 Dec 2025.
AGM
Seattle Power Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Seattle Power Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 24 Dec 2015 via Charge ID 10610346 with State Bank Of India was fully satisfied on 11 Oct 2022.
Charges
A charge registered on 08 May 2014 via Charge ID 10493394 with State Bank Of India was fully satisfied on 11 Oct 2022.
Ceased
Gurmeet Mohan Singh ceased to be Additional Director.
Charges
A charge registered on 08 Jan 2016 via Charge ID 10616701 with Karnataka Bank Ltd. was fully satisfied on 28 Sep 2018.
Charges
A charge registered on 06 Apr 2017 via Charge ID 100091625 with Karnataka Bank Ltd. was fully satisfied on 01 Nov 2017.
Charges
A charge with Karnataka Bank Ltd. of Rs. 520.00 Lakh registered on 08 Jan 2016 with Charge ID 10616701 was modified on 03 Aug 2017.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 725.00 Lakh with Charge ID 100091625 was registered on 06 Apr 2017.
Charges
A charge registered on 20 Oct 2014 via Charge ID 10528574 with Indiabulls Housing Finance Limited was fully satisfied on 08 Jul 2016.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 520.00 Lakh with Charge ID 10616701 was registered on 08 Jan 2016.
10 earlier events are in the company report.
Frequently asked questions
Seattle Power Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 December 2012 (14+ years old) and is registered under CIN U31401MH2012PTC266822.
Seattle Power Solutions has 2 current directors:
- Pankaj Bhati - Director
- Vinita Bhati - Director
The latest financial statements of Seattle 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 2015 are in the company report.
The GSTIN of Seattle Power Solutions is 27AASCS5093E1ZV, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 23AASCS5093E1Z3 (Madhya Pradesh), 24AASCS5093E1Z1 (Gujarat).
The CIN (Corporate Identification Number) of Seattle Power Solutions is U31401MH2012PTC266822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seattle Power Solutions was incorporated on 24 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Gurmeet Mohan Singh ceased to be Additional Director on 30 Nov 2021. Prabhanjan Maheshwari ceased to be Director on 27 Jan 2014. Pankaj Bhati was appointed as Director on 06 Jan 2014. Seattle Power Solutions has 7 board changes on record in total.
Yes, Seattle Power Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0138769).
Seattle Power Solutions can be reached through the website seattlepowers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Seattle Power Solutions is at 1019 C Wing 215 Atrium Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.