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About Shankar Electricals Services (I) Private Limited
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Shankar Electricals Services (I) Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 18 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC125350. Its GSTIN is 29ABCCS2341C1ZO (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Rama Shetty and Aparna Divakar Shetty.
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 Sreedeviarcade2Ndfloor#668/A17Th'C'Main 6 Thblock Koramangala, Bengaluru, Karnataka, India – 560095.
As per the financials filed for FY 2022, the company reported a revenue of ₹95.23 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net profit of ₹5.75 Cr (net margin 6%) and EBITDA of ₹8.2 Cr (EBITDA margin 8.6%).
The company has about 1,616 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sesipl. As per MCA filings, the company has open charges of ₹87.07 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
For more details, the company can be reached via its website shankarelectricals.com.
Company details
Contact details
Shankar Electricals Services (I) Private Limited's registered office is in Bengaluru, Karnataka. Its website is shankarelectricals.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSreedeviarcade2Ndfloor#668/A17Th'C'Main 6 Thblock Koramangala, Bengaluru, Karnataka, India – 560095
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Shankar Electricals Services (I) Private Limited, buy the company report.
- 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
Brands
Shankar Electricals Services (I) operates one associated brand: SESIPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical services for corporate installations and projects in sectors like energy, IT, and infrastructure in India. | shankarelectricals.com |
Business activity
The main business activities of Shankar Electricals Services (I) are trade and manufacturing. In detail, this covers retail trading and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Shankar Electricals Services (I) Private Limited, buy the company report.
Financials of Shankar Electricals Services (I) Private Limited
FY 2024 filings availableShankar Electricals Services (I) Private Limited reported revenue of ₹95.23 Cr (up 110% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 110% in the latest year. EBITDA rose 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.2 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.75 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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| Long-term Borrowings | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.6% | ||
| Net Profit Margin | 6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Inventory Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Shankar Electricals Services (I) Private Limited, buy the company report.
Board of directors of Shankar Electricals Services (I) Private Limited
Shankar Electricals Services (I) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Rama Shetty | Director | 18 Jun 2019 | 7 Years 4 Months | Current |
| Aparna Divakar Shetty | Director | 18 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Shankar Electricals Services (I) Private Limited is audited by S L PATIL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S L PATIL & CO | FY 2021 | 002606S |
Shareholding
The shareholding of Shankar Electricals Services (I) Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shankar Electricals Services (I) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2023 | 100833350 | Others | ₹31 Lakh | Open | |
| 10 Nov 2023 | 100818563 | Others | ₹5.13 Cr | Open | |
| 03 Nov 2023 | 100818546 | Others | ₹1.53 Cr | Open | |
| 02 Mar 2021 | 100428800 | Others | ₹80.1 Cr | Open |
To see the full charge records of Shankar Electricals Services (I) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Shankar Electricals Services (I) Private Limited has 1 court case on record: 1 filed by Shankar Electricals Services (I). All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Cleanlife Project Management Services LLP | Pending |
To see the full case history of Shankar Electricals Services (I) Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shankar Electricals Services (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shankar Electricals Services (I) Private Limited has a workforce of 1,616 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Shankar Electricals Services (I) has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS2341C1ZO | Karnataka | Active | 21 Aug 2019 |
| 33ABCCS2341C1ZZ | Tamil Nadu | Active | 17 Jun 2020 |
| 36ABCCS2341C1ZT | Telangana | Active | 09 Jul 2020 |
| 37ABCCS2341C1ZR | Andhra Pradesh | Active | 04 Jan 2021 |
To see the full GST registrations and return filing status of Shankar Electricals Services (I) Private Limited, buy the company report.
Recent activity
Shankar Electricals Services (I) Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Aparna Divakar Shetty was appointed as Director on 18 Jun 2019.
Frequently asked questions
Shankar Electricals Services (I) is an active private limited company based in Bengaluru, Karnataka, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 18 June 2019 (7+ years old) and is registered under CIN U74999KA2019PTC125350.
Shankar Electricals Services (I) has 2 current directors:
- Rajesh Rama Shetty - Director
- Aparna Divakar Shetty - Director
The latest financial statements of Shankar Electricals Services (I) 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 FY 2020 are in the company report.
The GSTIN of Shankar Electricals Services (I) is 29ABCCS2341C1ZO, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 33ABCCS2341C1ZZ (Tamil Nadu), 36ABCCS2341C1ZT (Telangana), 37ABCCS2341C1ZR (Andhra Pradesh).
The CIN (Corporate Identification Number) of Shankar Electricals Services (I) is U74999KA2019PTC125350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shankar Electricals Services (I) has 1 court case on record: 1 filed by the company. 1 is pending.
Shankar Electricals Services (I) was incorporated on 18 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Aparna Divakar Shetty was appointed as Director on 18 Jun 2019. Rajesh Rama Shetty was appointed as Director on 18 Jun 2019.
Shankar Electricals Services (I) can be reached through the website shankarelectricals.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Shankar Electricals Services (I) is at Sreedeviarcade2Ndfloor#668A17ThCMain 6 Thblock Koramangala, Bengaluru, Karnataka, India – 560095.
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