About Shreeashirvad Solar Systems Private Limited
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Shreeashirvad Solar Systems Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 17 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29222KA2014PTC073092. Its GSTIN is 29AAUCS1260P1ZH (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sowmya Nagaraje Gowda and Gowda Nagaraje.
Its last annual general meeting (AGM) was held on 15 February 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.138/1 Kadabagere Cross Machohalli Village Magadi Main Road Bengaluru – 560091, Karnataka, India – 560091.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.8 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹5.3 Lakh (net margin 1.1%) and EBITDA of ₹28.83 Lakh (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.41 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreeaashirvadsolar.com.
Company details
Contact details
Shreeashirvad Solar Systems Private Limited's registered office is in Bengaluru, Karnataka. Its website is shreeaashirvadsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.138/1 Kadabagere Cross Machohalli Village Magadi Main Road Bengaluru – 560091, Karnataka, India – 560091
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
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- 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 Shreeashirvad Solar Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Shreeashirvad Solar Systems Private Limited, buy the company report.
Financials of Shreeashirvad Solar Systems Private Limited
FY 2024 filings availableShreeashirvad Solar Systems Private Limited reported revenue of ₹4.8 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 5% fall in the latest year. EBITDA fell 37% 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 | ₹28.83 Lakh | ||||
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| Net Profit (PAT) | ₹5.3 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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| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Shreeashirvad Solar Systems Private Limited, buy the company report.
Board of directors of Shreeashirvad Solar Systems Private Limited
Shreeashirvad Solar Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sowmya Nagaraje Gowda Also directs: Enkepower Solar Systems Private Limited | Director | 15 Feb 2023 | 3 Years 8 Months | Current |
| Gowda Nagaraje Also directs: Enkepower Solar Systems Private Limited | Director | 17 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Shreeashirvad Solar Systems Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vishnu Industrial Engineers Private Limited | ₹4.83 Cr (FY 2025) | -16.0% | Hyderabad, Telangana, India | |||
| Godwill Energy Products Private Limited | ₹4.81 Cr (FY 2024) | -54.0% | Vellore, Tamil Nadu, India | |||
| Shreeashirvad Solar Systems Private Limitedthis company | ₹4.8 Cr (FY 2024) | ₹5.3 Lakh | 1.1% | -5.0% | 8 | Bengaluru, Karnataka, India |
| Bulktechs Equipments Private Limited | ₹4.79 Cr (FY 2025) | 27.0% | Jamshedpur, Jharkhand, India |
To see the full peer comparison of Shreeashirvad Solar Systems Private Limited, buy the company report.
Auditor
Shreeashirvad Solar Systems Private Limited is audited by P P B N & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P P B N & CO | FY 2022 | 002694S |
Shareholding
The shareholding of Shreeashirvad Solar Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shreeashirvad Solar Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2016 | 100044831 | Others | ₹4.45 Lakh | Open | |
| 06 Dec 2014 | 10543483 | Others | ₹1.37 Cr | Open |
To see the full charge records of Shreeashirvad Solar Systems Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Shreeashirvad Solar Systems Private Limited has 3 court cases on record: 1 filed by Shreeashirvad Solar Systems, 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Shreeashirvad Solar Systems 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 Shreeashirvad Solar Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shreeashirvad Solar Systems Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Shreeashirvad Solar Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS1260P1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shreeashirvad Solar Systems Private Limited, buy the company report.
Recent activity
Shreeashirvad Solar Systems Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Sowmya Nagaraje Gowda ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Shreeashirvad Solar Systems is an active private limited company based in Bengaluru, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 17 January 2014 (12+ years old) and is registered under CIN U29222KA2014PTC073092.
Shreeashirvad Solar Systems has 2 current directors:
- Sowmya Nagaraje Gowda - Director
- Gowda Nagaraje - Director
The latest financial statements of Shreeashirvad Solar Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 February 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shreeashirvad Solar Systems is 29AAUCS1260P1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Shreeashirvad Solar Systems is U29222KA2014PTC073092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shreeashirvad Solar Systems has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending.
Shreeashirvad Solar Systems was incorporated on 17 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shreeashirvad Solar Systems by revenue are Vishnu Industrial Engineers Private Limited, Godwill Energy Products Private Limited, Bulktechs Equipments Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sowmya Nagaraje Gowda ceased to be Additional Director on 29 Sep 2023. Keshav Narayan Naik ceased to be Director on 16 Feb 2023. Sowmya Nagaraje Gowda was appointed as Director on 15 Feb 2023. Shreeashirvad Solar Systems has 4 board changes on record in total.
Shreeashirvad Solar Systems can be reached through the website shreeaashirvadsolar.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Shreeashirvad Solar Systems is at No.1381 Kadabagere Cross Machohalli Village Magadi Main Road Bengaluru – 560091, Karnataka, India – 560091.
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