Sharath Technologies Private Limited
About Sharath Technologies Private Limited
Data last updated:
Sharath Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 27 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34300KA1998PTC023781. Its GSTIN is 29AADCS9956R1Z3 (Karnataka).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.48 Cr. It is led by directors Mallipattana Murlidhar (Managing Director) and Mary Jacintha.
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 #34/6 3rd Cross Ssi Area Rajajinagar Vth Block Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.46 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹49.75 Lakh (net margin -4.8%) and EBITDA of ₹67.63 Lakh (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.73 Cr and satisfied charges of ₹5.9 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sharath 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 Address#34/6 3rd Cross Ssi Area Rajajinagar Vth Block Bangalore, Karnataka, India – 560010
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Sharath 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
Business activity
The main business activity of Sharath Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Sharath Technologies Private Limited, buy the company report.
Financials of Sharath Technologies Private Limited
FY 2024 filings availableSharath Technologies Private Limited reported revenue of ₹10.46 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 5% fall in the latest year. EBITDA fell 40% 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 | ₹67.63 Lakh | ||||
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| Net Profit (PAT) | -₹49.75 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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| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | -4.8% | ||||
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To see the full financial statements and ratios of Sharath Technologies Private Limited, buy the company report.
Board of directors of Sharath Technologies Private Limited
Sharath Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallipattana Murlidhar | Managing Director | 27 May 1998 | 28 Years 5 Months | Current |
| Mary Jacintha | Director | 27 May 1998 | 28 Years 5 Months | Current |
Auditor
Sharath Technologies Private Limited is audited by PRABHATH P. BHAT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRABHATH P. BHAT & CO. | FY 2023 | 002694S |
Shareholding
The shareholding of Sharath Technologies Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Sharath Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 101027785 | Hdfc Bank Limited | ₹58 Lakh | Open | |
| 16 Feb 2018 | 100170270 | Axis Bank Limited | ₹5.15 Cr | Open | |
| 06 May 2016 | 100026170 | State Bank of India | ₹2.58 Cr | Satisfied | |
| 05 Jan 2007 | 10037343 | State Bank of India | ₹3.32 Cr | Satisfied |
To see the full charge records of Sharath Technologies Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sharath Technologies Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Fortune Credit Capital Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Indo Star Capital Fin Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Indo Star Capital Fin Ltd | Disposed |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Neo Growth Credit Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Sharath Technologies 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 Sharath Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sharath Technologies Private Limited has a workforce of 4 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Sharath Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCS9956R1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sharath Technologies Private Limited, buy the company report.
Recent activity
Sharath Technologies Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Mallipattana Murlidhar was appointed as Managing Director on 27 May 1998.
1 earlier event is in the company report.
Frequently asked questions
Sharath Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 27 May 1998 (28+ years old) and is registered under CIN U34300KA1998PTC023781.
Sharath Technologies has 2 current directors:
- Mallipattana Murlidhar - Managing Director
- Mary Jacintha - Director
The latest financial statements of Sharath 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 Sharath Technologies is 29AADCS9956R1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Sharath Technologies is U34300KA1998PTC023781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharath Technologies has 6 court cases on record: 6 filed against it.
Sharath Technologies was incorporated on 27 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Mallipattana Murlidhar was appointed as Managing Director on 27 May 1998. Mary Jacintha was appointed as Director on 27 May 1998.
The registered office of Sharath Technologies is at #346 3rd Cross Ssi Area Rajajinagar Vth Block Bangalore, Karnataka, India – 560010.
Sharath Technologies operates in the information technology industry, in the electronic components and equipment manufacturing segment.