MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0068879
Shade Flex India Private Limited - infrastructure and utilities in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.56 Cr
▼ 26% YoY
Net profit · FY 2024
₹58.57 Lakh
Net margin 6.1%
EBITDA · FY 2024
₹88.72 Lakh
EBITDA margin 9.3%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹11.15 Lakh
Issued & subscribed
Company age
27 yrs
Est. 1999
Employees · EPFO
44
Provident fund records
Directors on board
2
As per MCA filings
About Shade Flex India Private Limited
Data last updated:
Shade Flex India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 03 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51506KA1999PTC025134. Its GSTIN is 29AAACI5542C1ZT (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹11.15 Lakh. It was formerly known as Induslink Allies I Pvt Ltd. It is led by directors Ravi Nagalapur Krishnamurthy (Managing Director) and Shashikala Nanjundiah Subrahmanya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.2 Survey No.51/1 Opp Nsp Electronics Avalahalli Virgo Nagar Post, Bangalore, Karnataka, India – 560049.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.56 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹58.57 Lakh (net margin 6.1%) and EBITDA of ₹88.72 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 8% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
Shade Flex India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0068879). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shadeflex.com.
Company details
CIN U51506KA1999PTC025134
Registration Number 025134
Incorporation Date 03 May 1999
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0068879
Key People
Ravi Nagalapur Krishnamurthy Managing Director Shashikala Nanjundiah Subrahmanya Director Recognitions & Rankings of Shade Flex India
Contact details
Shade Flex India Private Limited's registered office is in Bangalore, Karnataka. Its website is shadeflex.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.2 Survey No.51/1 Opp Nsp Electronics Avalahalli Virgo Nagar Post, Bangalore, Karnataka, India – 560049
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Shade Flex India Private Limited, buy the company report.
Comprehensive company report
Shade Flex India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Shade Flex India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Shade Flex India Private Limited, buy the company report.
Financials of Shade Flex India Private Limited
FY 2025 filings availableShade Flex India Private Limited reported revenue of ₹9.56 Cr (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹9.56 Cr ▼ 26%
Net profit · FY 2024
₹58.57 Lakh margin 6.1%
EBITDA · FY 2024
₹88.72 Lakh margin 9.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 18%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 45%
5 years · compounded
▲ 16%
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹88.72 Lakh | ||||
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| Net Profit (PAT) | ₹58.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 6.1% | ||||
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To see the full financial statements and ratios of Shade Flex India Private Limited, buy the company report.
Board of directors of Shade Flex India Private Limited
Shade Flex India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Nagalapur Krishnamurthy Also directs: Texshade Prefabs Private Limited | Managing Director | 03 May 1999 | 27 Years 5 Months | Current |
| Shashikala Nanjundiah Subrahmanya Also directs: Texshade Prefabs Private Limited | Director | 03 May 1999 | 27 Years 5 Months | Current |
Auditor
Shade Flex India Private Limited is audited by M V R AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V R AND CO | FY 2017 | 005641S |
Shareholding
The shareholding of Shade Flex India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shade Flex India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shade Flex India 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 Shade Flex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shade Flex India Private Limited has a workforce of 44 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
-6.38%
GST
Shade Flex India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI5542C1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shade Flex India Private Limited, buy the company report.
Recent activity
Shade Flex India Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Dirk Rolf Richter ceased to be Additional Director on 02 Nov 2019.
AGM
Shade Flex India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shade Flex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Dirk Rolf Richter ceased to be Additional Director.
Appointed
Ravi Nagalapur Krishnamurthy was appointed as Managing Director.
Appointed
Shashikala Nanjundiah Subrahmanya was appointed as Director.
Incorporation
03 May 1999
Shade Flex India Private Limited was registered on 03 May 1999 with Roc Bangalore & aged 27 years 5 months as per MCA records.
Frequently asked questions
Shade Flex India is an active private limited company based in Bangalore, Karnataka, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 03 May 1999 (27+ years old) and is registered under CIN U51506KA1999PTC025134.
Shade Flex India has 2 current directors:
- Ravi Nagalapur Krishnamurthy - Managing Director
- Shashikala Nanjundiah Subrahmanya - Director
The latest financial statements of Shade Flex India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shade Flex India is 29AAACI5542C1ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shade Flex India is U51506KA1999PTC025134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shade Flex India was incorporated on 03 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Dirk Rolf Richter ceased to be Additional Director on 02 Nov 2019. Ravi Nagalapur Krishnamurthy was appointed as Managing Director on 03 May 1999. Shashikala Nanjundiah Subrahmanya was appointed as Director on 03 May 1999.
Yes, Shade Flex India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0068879).
Shade Flex India can be reached through the website shadeflex.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shade Flex India is at No.2 Survey No.511 Opp Nsp Electronics Avalahalli Virgo Nagar Post, Bangalore, Karnataka, India – 560049.