MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0060667
Shashi Detective Services Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.3 Cr
▲ 19% YoY
Net profit · FY 2024
₹1.21 Cr
Net margin 2.5%
EBITDA · FY 2024
₹1.69 Cr
EBITDA margin 3.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.22 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
1,657
Provident fund records
About Shashi Detective Services Private Limited
Data last updated:
Shashi Detective Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 11 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74920KA2004PTC033548. Its GSTIN is 29AAICS0946G1Z5 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.22 Lakh. It is led by directors Budnoor Madappa Shashidhar (Managing Director) and Veeregowda Nadoddi Cheluve Gowda Kirana (Whole-Time Director).
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 Shashi Kiran Complex No.28 12th Main First Block Rajajinagar Bangalore., Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.3 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 2.5%) and EBITDA of ₹1.69 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
The company has about 1,657 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it.
Shashi Detective Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060667). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shashisecurity.com.
Company details
CIN U74920KA2004PTC033548
Registration Number 033548
Incorporation Date 11 March 2004
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-03-0060667
Key People
Budnoor Madappa Shashidhar Managing Director Veeregowda Nadoddi Cheluve Gowda Kirana Whole-Time Director Recognitions & Rankings of Shashi Detective Services
Contact details
Shashi Detective Services Private Limited's registered office is in Bangalore, Karnataka. Its website is shashisecurity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShashi Kiran Complex No.28 12th Main First Block Rajajinagar Bangalore., Karnataka, India – 560010
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of Shashi Detective Services Private Limited, buy the company report.
Comprehensive company report
Shashi Detective Services 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 Shashi Detective Services is support service to organizations. In detail, this covers security and investigation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Shashi Detective Services Private Limited, buy the company report.
Financials of Shashi Detective Services Private Limited
FY 2025 filings availableShashi Detective Services Private Limited reported revenue of ₹48.3 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹48.3 Cr ▲ 19%
Net profit · FY 2024
₹1.21 Cr margin 2.5%
EBITDA · FY 2024
₹1.69 Cr margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 11%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 105%
3 years · compounded
▲ 16%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 19% growth in the latest year. EBITDA rose 105% 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 | ₹1.69 Cr | ||||
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| Net Profit (PAT) | ₹1.21 Cr | ||||
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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 | 3.5% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Shashi Detective Services Private Limited, buy the company report.
Board of directors of Shashi Detective Services Private Limited
Shashi Detective Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veeregowda Nadoddi Cheluve Gowda Kirana | Whole-Time Director | 23 Dec 2006 | 19 Years 10 Months | Current |
| Budnoor Madappa Shashidhar | Managing Director | 01 Jan 2006 | 20 Years 9 Months | Current |
Peer comparison
Shashi Detective Services Private Limited is compared with the 3 companies closest to it by revenue in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aviationbaba Aero Services Private Limited | ₹50.38 Cr (FY 2025) | 41.0% | New Delhi, Delhi, India | |||
| Ods Protective Services Private Limited | ₹48.88 Cr (FY 2024) | 34.0% | Mumbai, Maharashtra, India | |||
| Shashi Detective Services Private Limitedthis company | ₹48.3 Cr (FY 2024) | ₹1.21 Cr | 2.5% | 19.0% | 1,657 | Bangalore, Karnataka, India |
| Laxmi Security (Gujarat) Limited | ₹47.49 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Shashi Detective Services Private Limited, buy the company report.
Auditor
Shashi Detective Services Private Limited is audited by DIVAKARA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIVAKARA & ASSOCIATES | FY 2021 | 000763S |
Shareholding
The shareholding of Shashi Detective Services Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shashi Detective Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2014 | 10474661 | State Bank of Mysore | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Shashi Detective Services Private Limited has 8 court cases on record: 4 filed by Shashi Detective Services, 4 filed against it. All cases are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Ms Tulsyan Nec Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, MYSURU, Karnataka | Interim or miscellaneous application | Filed against the company by Ms Pattabi Enterprises | Disposed |
To see the full case history of Shashi Detective Services 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.
Credit ratings & regulatory alerts
Shashi Detective Services Private Limited was last rated by Crisil on 17 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Aug 2021 |
To see the full credit ratings and regulatory alerts of Shashi Detective Services Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shashi Detective Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shashi Detective Services Private Limited has a workforce of 1,657 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
1,657
Active EPFO establishments
1
Employee growth
12.04%
GST
Shashi Detective Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS0946G1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shashi Detective Services Private Limited, buy the company report.
Recent activity
Shashi Detective Services Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Aruna Veere Gowdana Doddi Cheluve Gowda ceased to be Whole-Time Director on 27 Nov 2018.
AGM
Shashi Detective Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shashi Detective Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Aruna Veere Gowdana Doddi Cheluve Gowda ceased to be Whole-Time Director.
Ceased
Rajiv Cheluve Gowda ceased to be Whole-Time Director.
Charges
A charge with State Bank Of Mysore amounted to Rs. 100.00 Lakh with Charge ID 10474661 was registered on 08 Jan 2014.
Appointed
Veeregowda Nadoddi Cheluve Gowda Kirana was appointed as Whole-Time Director.
Appointed
Budnoor Madappa Shashidhar was appointed as Managing Director.
Incorporation
11 Mar 2004
Shashi Detective Services Private Limited was registered on 11 Mar 2004 with Roc Bangalore & aged 22 years 7 months as per MCA records.
Frequently asked questions
Shashi Detective Services is an active private limited company based in Bangalore, Karnataka, India. The company works in security and surveillance, within the business services industry. It was incorporated on 11 March 2004 (22+ years old) and is registered under CIN U74920KA2004PTC033548.
Shashi Detective Services has 2 current directors:
- Budnoor Madappa Shashidhar - Managing Director
- Veeregowda Nadoddi Cheluve Gowda Kirana - Whole-Time Director
The latest financial statements of Shashi Detective Services 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 Shashi Detective Services is 29AAICS0946G1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Shashi Detective Services is U74920KA2004PTC033548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shashi Detective Services has 8 court cases on record: 4 filed by the company and 4 filed against it.
Shashi Detective Services was incorporated on 11 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shashi Detective Services by revenue are Aviationbaba Aero Services Private Limited, Ods Protective Services Private Limited, Laxmi Security (Gujarat) Limited, all in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities).
Aruna Veere Gowdana Doddi Cheluve Gowda ceased to be Whole-Time Director on 27 Nov 2018. Rajiv Cheluve Gowda ceased to be Whole-Time Director on 27 Nov 2018. Veeregowda Nadoddi Cheluve Gowda Kirana was appointed as Whole-Time Director on 23 Dec 2006. Shashi Detective Services has 4 board changes on record in total.
Yes, Shashi Detective Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0060667).
Shashi Detective Services can be reached through the website shashisecurity.com. Its registered office is in Bangalore, Karnataka, India.