Startup India Government of India
Sharanvi Abrasives Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.11 Lakh
▼ 27% YoY
Net loss · FY 2024
₹14.37 Lakh
Net margin -29.9%
EBITDA · FY 2024
-₹10.48 Lakh
EBITDA margin -21.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Satisfied ₹20.75 Lakh
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Sharanvi Abrasives Private Limited
Data last updated:
Sharanvi Abrasives Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 17 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2019PTC124415. Its GSTIN is 29ABCCS0787L1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kusumakar Shetty and Jayaprasad Shetty.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.11 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹14.37 Lakh (net margin -29.9%) and EBITDA of -₹10.48 Lakh (EBITDA margin -21.8%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
As per MCA filings, the company has open charges of ₹10 Lakh and satisfied charges of ₹20.75 Lakh on record.
Sharanvi Abrasives Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0009757). For more details, the company can be reached via its website sharanviabrasives.com.
Company details
CIN U29309KA2019PTC124415
Registration Number 124415
Incorporation Date 17 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0009757
Recognitions & Rankings of Sharanvi Abrasives
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0009757
Contact details
Sharanvi Abrasives Private Limited's registered office is in Bangalore, Karnataka. Its website is sharanviabrasives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKammasandra Vadara Palya Flat No Fs – 154 F2 Bloc Ittina Neela Appartment Sampigenagar, Electronic, Bangalore, Karnataka, India – 560100
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Sharanvi Abrasives Private Limited, buy the company report.
Comprehensive company report
Sharanvi Abrasives 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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Business activity
The main business activity of Sharanvi Abrasives is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Sharanvi Abrasives Private Limited, buy the company report.
Financials of Sharanvi Abrasives Private Limited
FY 2025 filings availableSharanvi Abrasives Private Limited reported revenue of ₹48.11 Lakh (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹48.11 Lakh ▼ 27%
Net loss · FY 2024
₹14.37 Lakh margin -29.9%
EBITDA · FY 2024
-₹10.48 Lakh margin -21.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 239%
3 years · compounded
▼ 31%
Revenue fell 27% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 239% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.37 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.8% | ||||
| Net Profit Margin | -29.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sharanvi Abrasives Private Limited, buy the company report.
Board of directors of Sharanvi Abrasives Private Limited
Sharanvi Abrasives has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusumakar Shetty | Director | 17 May 2019 | 7 Years 5 Months | Current |
| Jayaprasad Shetty | Director | 17 May 2019 | 7 Years 5 Months | Current |
Auditor
Sharanvi Abrasives Private Limited is audited by VENKATESH PRABHU AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKATESH PRABHU AND ASSOCIATES | FY 2023 | 015768S |
Shareholding
The shareholding of Sharanvi Abrasives Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sharanvi Abrasives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Lakh
Satisfied charges
₹20.75 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2019 | 100291291 | Vijaya Bank | ₹10 Lakh | Open | |
| 17 Nov 2020 | 100402364 | Others | ₹4.75 Lakh | Satisfied | |
| 26 May 2020 | 100343280 | Others | ₹1 Lakh | Satisfied | |
| 24 Jul 2019 | 100291287 | Vijaya Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Sharanvi Abrasives Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Sharanvi Abrasives 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 Sharanvi Abrasives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sharanvi Abrasives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS0787L1ZR | Karnataka | Active | 24 Jun 2019 |
To see the full GST registrations and return filing status of Sharanvi Abrasives Private Limited, buy the company report.
Recent activity
Sharanvi Abrasives Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Jayaprasad Shetty was appointed as Director on 17 May 2019.
AGM
Sharanvi Abrasives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sharanvi Abrasives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 17 Nov 2020 via Charge ID 100402364 with Others was fully satisfied on 08 Nov 2024.
Charges
A charge registered on 24 Jul 2019 via Charge ID 100291287 with Vijaya Bank was fully satisfied on 20 Jun 2024.
Charges
A charge registered on 26 May 2020 via Charge ID 100343280 with Others was fully satisfied on 10 Jun 2022.
Charges
A charge with Others amounted to Rs. 4.75 Lakh with Charge ID 100402364 was registered on 17 Nov 2020.
Charges
A charge with Others amounted to Rs. 1.00 Lakh with Charge ID 100343280 was registered on 26 May 2020.
Charges
A charge with Vijaya Bank amounted to Rs. 15.00 Lakh with Charge ID 100291287 was registered on 24 Jul 2019.
Charges
A charge with Vijaya Bank amounted to Rs. 10.00 Lakh with Charge ID 100291291 was registered on 27 Jun 2019.
Appointed
Jayaprasad Shetty was appointed as Director.
Appointed
Kusumakar Shetty was appointed as Director.
Incorporation
17 May 2019
Sharanvi Abrasives Private Limited was registered on 17 May 2019 with Roc Bangalore & aged 7 years 6 months as per MCA records.
Frequently asked questions
Sharanvi Abrasives is an active private limited company based in Bangalore, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 17 May 2019 (7+ years old) and is registered under CIN U29309KA2019PTC124415.
Sharanvi Abrasives has 2 current directors:
- Kusumakar Shetty - Director
- Jayaprasad Shetty - Director
The latest financial statements of Sharanvi Abrasives 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 FY 2020 are in the company report.
The GSTIN of Sharanvi Abrasives is 29ABCCS0787L1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Sharanvi Abrasives is U29309KA2019PTC124415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharanvi Abrasives was incorporated on 17 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Jayaprasad Shetty was appointed as Director on 17 May 2019. Kusumakar Shetty was appointed as Director on 17 May 2019.
Yes, Sharanvi Abrasives is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Sharanvi Abrasives is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0009757).
Sharanvi Abrasives can be reached through the website sharanviabrasives.com. Its registered office is in Bangalore, Karnataka, India.
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