
Sheris India Private Limited
About Sheris India Private Limited
Data last updated:
Sheris India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 23 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC138947. Its GSTIN is 29ABECS5205M1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prabhakar Reddy Lakshminarayan Naragondahalli and Narayan Reddy Pramilaprabhakar Reddy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No – 71/49 Ground Floor 7th Cross Wilson Garden, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2023, the company reported a revenue of ₹31.73 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.66 Lakh (net margin 5.2%) and EBITDA of ₹8.38 Lakh (EBITDA margin 26.4%).
As per MCA filings, the company has open charges of ₹24.84 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
Sheris India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0019933).
Company details
Recognitions & Rankings of Sheris India
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0019933
Contact details
Sheris India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo – 71/49 Ground Floor 7th Cross Wilson Garden, Bangalore, Karnataka, India – 560027
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Sheris India 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 Sheris India is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Sheris India Private Limited, buy the company report.
Financials of Sheris India Private Limited
FY 2023 filings availableSheris India Private Limited reported revenue of ₹31.73 Lakh (up 13333% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹31.73 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.38 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.66 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 26.4% | ||
| Net Profit Margin | 5.2% | ||
| 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 Sheris India Private Limited, buy the company report.
Board of directors of Sheris India Private Limited
Sheris India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhakar Reddy Lakshminarayan Naragondahalli | Director | 23 Sep 2020 | 6 Years 1 Months | Current |
| Narayan Reddy Pramilaprabhakar Reddy | Director | 23 Sep 2020 | 6 Years 1 Months | Current |
| Margondahalli Narayanaswamy Prabhakara Reddy | Director | 02 Nov 2021 | 5 Years 0 Months | Current |
Auditor
Sheris India Private Limited is audited by RAJENDRAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRAN & CO | FY 2023 | 003462S |
Shareholding
The shareholding of Sheris India 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 Sheris India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2024 | 100955856 | Others | ₹12.64 Lakh | Open | |
| 28 Nov 2022 | 100655798 | Others | ₹12.2 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Sheris India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (POLICE CASES PS) | Filed against the company by an individual | Disposed |
To see the full case history of Sheris India 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 Sheris India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sheris India Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Sheris India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABECS5205M1Z0 | Karnataka | Active | 17 Oct 2020 |
To see the full GST registrations and return filing status of Sheris India Private Limited, buy the company report.
Recent activity
Sheris India Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Ghanashyam Prabhakar ceased to be Director on 15 Jun 2022.
Frequently asked questions
Sheris India is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 23 September 2020 (6+ years old) and is registered under CIN U74999KA2020PTC138947.
Sheris India has 3 current directors:
- Prabhakar Reddy Lakshminarayan Naragondahalli - Director
- Narayan Reddy Pramilaprabhakar Reddy - Director
- Margondahalli Narayanaswamy Prabhakara Reddy - Director
The latest financial statements of Sheris India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Sheris India is 29ABECS5205M1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Sheris India is U74999KA2020PTC138947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheris India has 3 court cases on record: 3 filed against it.
Sheris India was incorporated on 23 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Ghanashyam Prabhakar ceased to be Director on 15 Jun 2022. Margondahalli Narayanaswamy Prabhakara Reddy was appointed as Director on 02 Nov 2021. Ghanashyam Prabhakar was appointed as Director on 23 Sep 2020. Sheris India has 5 board changes on record in total.
Yes, Sheris India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Sheris India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0019933).

