Sharada Technologies Private Limited
About Sharada Technologies Private Limited
Data last updated:
Sharada Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 30 September 1997.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29220KA1997PTC022842. Its GSTIN is 29AACCS6535K1ZX (Karnataka).
The company had an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It was led by directors Aswathanarayana Srinivasan Venkataseshasastry (Whole-Time Director) and Srinivas Ramakrishnaiah Bidare.
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 was at 2921 R.P.C Lay Out Near Attiguppe Vijaynagar II Stage, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2024, the company reported a revenue of ₹23,300, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹46.68 Lakh and EBITDA of -₹43.6 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 145% over three years and 60% over five years.
Company details
CIN history
Sharada Technologies has one previous CIN (Corporate Identification Number): U02922KA1997PTC022842. The current CIN is U29220KA1997PTC022842, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29220KA1997PTC022842 | Current |
| U02922KA1997PTC022842 | Previous |
Contact details
Sharada Technologies Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2921 R.P.C Lay Out Near Attiguppe Vijaynagar II Stage, Bangalore, Karnataka, India – 560040
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Sharada Technologies 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
Financials of Sharada Technologies Private Limited
FY 2024 filings availableSharada Technologies Private Limited reported revenue of ₹23,300 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 99% fall in the latest year. EBITDA fell 189% 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 | -₹43.6 Lakh | ||||
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| Net Profit (PAT) | -₹46.68 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Sharada Technologies Private Limited, buy the company report.
Board of directors of Sharada Technologies Private Limited
Sharada Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Ramakrishnaiah Bidare Also directs: Sharada Technologies LLP | Director | 28 Aug 2024 | 2 Years 2 Months | As last reported |
| Aswathanarayana Srinivasan Venkataseshasastry Also directs: Sharada Technologies LLP | Whole-Time Director | 30 Sep 1997 | 29 Years 1 Months | As last reported |
Peer comparison
Sharada Technologies Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jadushkaran Multitech Engineers Private Limited | ₹24,781 (FY 2025) | -50.0% | Hingna, Maharashtra, India | |||
| Morrill and Greenwood India Private Limited | ₹24,358 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Metrology Infosystems (India) Private Limited | ₹24,187 (FY 2024) | -84.0% | Thane, Maharashtra, India | |||
| Circlips India Pvt Ltd | ₹24,105 (FY 2025) | -79.0% | Mumbai, Maharashtra, India | |||
| Hosur Precision Toolings Private Limited | ₹24,000 (FY 2024) | Hosur, Tamil Nadu, India | ||||
| Sharada Technologies Private Limitedthis company | ₹23,300 (FY 2024) | -₹46.68 Lakh | -99.0% | Bangalore, Karnataka, India | ||
| Penta Aztec Elements Private Limited | ₹22,800 (FY 2025) | -19.0% | Delhi, India | |||
| Unitrol Engineering Private Limited | ₹21,850 (FY 2025) | Pune, Maharashtra, India | ||||
| Immense Consumer Products Private Limited | ₹21,200 (FY 2025) | -99.0% | Pune, Maharashtra, India | |||
| Durable Fastener Private Limited | ₹20,772 (FY 2024) | Lodhika, Gujarat, India | ||||
| Rohtas Autoware Enterprises Private Limited | ₹20,675 (FY 2025) | Delhi, India |
To see the full peer comparison of Sharada Technologies Private Limited, buy the company report.
Auditor
Sharada Technologies Private Limited is audited by G V SUNDER & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V SUNDER & CO | FY 2018 | 007248S |
Shareholding
The shareholding of Sharada Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sharada Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sharada Technologies 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 Sharada Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sharada Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS6535K1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sharada Technologies Private Limited, buy the company report.
Recent activity
Sharada Technologies Private Limited has 6 board changes on record since 1997: 2 appointments and 4 cessations. The latest: Srinivas Ramakrishnaiah Bidare was appointed as Director on 28 Aug 2024.
Frequently asked questions
Sharada Technologies has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Sharada Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 30 September 1997 and is registered under CIN U29220KA1997PTC022842. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Sharada Technologies is U29220KA1997PTC022842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharada Technologies had 2 directors:
- Aswathanarayana Srinivasan Venkataseshasastry - Whole-Time Director
- Srinivas Ramakrishnaiah Bidare - Director
Sharada Technologies was incorporated on 30 September 1997. It is registered with the Registrar of Companies, Bangalore.
The registered office of Sharada Technologies is at 2921 R.P.C Lay Out Near Attiguppe Vijaynagar II Stage, Bangalore, Karnataka, India – 560040.
The latest financial statements of Sharada Technologies 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 Sharada Technologies is 29AACCS6535K1ZX, registered in Karnataka.
Sharada Technologies operated in the machinery and equipment industry, in the industrial tools and components segment.
The peers of Sharada Technologies by revenue are Jadushkaran Multitech Engineers Private Limited, Morrill and Greenwood India Private Limited, Metrology Infosystems (India) Private Limited, Circlips India Pvt Ltd, Hosur Precision Toolings Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Srinivas Ramakrishnaiah Bidare was appointed as Director on 28 Aug 2024. Heggadadevana Kote Aswathanarayana Ramesha ceased to be Additional Director on 29 Nov 2021. Ramakrishnaiah Bidare Venkataramaiah ceased to be Director on 12 Jul 2021. Sharada Technologies has 6 board changes on record in total.
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