MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0006627
Shorai Ventures Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.46 Cr
▼ 7% YoY
Net profit · FY 2025
₹34.98 Lakh
Net margin 4.1%
EBITDA · FY 2025
₹1.32 Cr
EBITDA margin 15.6%
Authorised capital
₹90 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹6.5 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
10
Provident fund records
About Shorai Ventures Private Limited
Data last updated:
Shorai Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 20 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45100KA2009PTC049625. Its GSTIN is 29AAECI9023J1ZA (Karnataka).
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Ikon Wires and Infra Private Limited. It is led by directors including Namrata Malu and Pooja Venkatesulu Adike.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.46 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹34.98 Lakh (net margin 4.1%) and EBITDA of ₹1.32 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 100% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shorai Ventures. As per MCA filings, the company has open charges of ₹6.5 Cr on record.
Shorai Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0006627). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shoraiventure.com.
Company details
CIN U45100KA2009PTC049625
Registration Number 049625
Incorporation Date 20 April 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0006627
CIN history
Shorai Ventures has one previous CIN (Corporate Identification Number): U28995KA2009PTC049625. The current CIN is U45100KA2009PTC049625, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100KA2009PTC049625 | Current |
| U28995KA2009PTC049625 | Previous |
Recognitions & Rankings of Shorai Ventures
Contact details
Shorai Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is shoraiventure.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShivashree Second Floor No.1130 Jn Road Near Bala Krishna Ranga Mandir Bemllayout Rajraje, Swarinagar, Bangalore, Karnataka, India – 560098
- IndustryManufacturing, Cable & Wire
To see the full contact details of Shorai Ventures Private Limited, buy the company report.
Comprehensive company report
Shorai Ventures 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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Brands
Shorai Ventures operates one associated brand: Shorai Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction and infrastructure services focusing on sites, roads, and buildings in India. | shoraiventure.com |
Business activity
The main business activity of Shorai Ventures is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Shorai Ventures Private Limited, buy the company report.
Financials of Shorai Ventures Private Limited
FY 2024 filings availableShorai Ventures Private Limited reported revenue of ₹8.46 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹8.46 Cr ▼ 7%
Net profit · FY 2025
₹34.98 Lakh margin 4.1%
EBITDA · FY 2025
₹1.32 Cr margin 15.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 31%
5 years · compounded
▲ 100%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 64%
5 years · compounded
▲ 124%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 100%. EBITDA rose 39% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.98 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Shorai Ventures Private Limited, buy the company report.
Board of directors of Shorai Ventures Private Limited
Shorai Ventures has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namrata Malu Also directs: Sarharpallava LLP | Director | 17 Mar 2023 | 3 Years 7 Months | Current |
| Pooja Venkatesulu Adike | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Akhil Venkatesulu Adike | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Shorai Ventures Private Limited is audited by K V Swapna Priya for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K V Swapna Priya | FY 2023 | 241891 |
Shareholding
The shareholding of Shorai Ventures 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shorai Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2023 | 100740792 | Canara Bank | ₹6.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shorai Ventures 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 Shorai Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shorai Ventures Private Limited has a workforce of 10 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-16.67%
GST
Shorai Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI9023J1ZA | Karnataka | Active | 21 Sep 2020 |
To see the full GST registrations and return filing status of Shorai Ventures Private Limited, buy the company report.
Recent activity
Shorai Ventures Private Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Namrata Malu ceased to be Additional Director on 29 Sep 2023.
AGM
Shorai Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shorai Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Namrata Malu ceased to be Additional Director.
Charges
A charge with Canara Bank amounted to Rs. 650.00 Lakh with Charge ID 100740792 was registered on 12 Jun 2023.
Appointed
Namrata Malu was appointed as Director.
Ceased
Nandkishore Kanhialal Malu ceased to be Director.
Ceased
Navalkishore Nandkishore Malu ceased to be Director.
Ceased
Akhil Venkatesulu Adike ceased to be Additional Director.
Ceased
Pooja Venkatesulu Adike ceased to be Additional Director.
Appointed
Akhil Venkatesulu Adike was appointed as Director.
Appointed
Pooja Venkatesulu Adike was appointed as Director.
Incorporation
20 Apr 2009
Shorai Ventures Private Limited was registered on 20 Apr 2009 with Roc Bangalore & aged 17 years 6 months as per MCA records.
Frequently asked questions
Shorai Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 20 April 2009 (17+ years old) and is registered under CIN U45100KA2009PTC049625.
Shorai Ventures has 3 current directors:
- Namrata Malu - Director
- Pooja Venkatesulu Adike - Director
- Akhil Venkatesulu Adike - Director
The latest financial statements of Shorai Ventures 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 Shorai Ventures is 29AAECI9023J1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Shorai Ventures is U45100KA2009PTC049625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shorai Ventures was incorporated on 20 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Namrata Malu ceased to be Additional Director on 29 Sep 2023. Namrata Malu was appointed as Director on 17 Mar 2023. Nandkishore Kanhialal Malu ceased to be Director on 21 Nov 2019. Shorai Ventures has 8 board changes on record in total.
Yes, Shorai Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0006627).
Shorai Ventures can be reached through the website shoraiventure.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shorai Ventures is at Shivashree Second Floor No.1130 Jn Road Near Bala Krishna Ranga Mandir Bemllayout Rajraje, Swarinagar, Bangalore, Karnataka, India – 560098.
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