Shrees Renewables Private Limited
About Shrees Renewables Private Limited
Data last updated:
Shrees Renewables Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electric power generation segment of the energy sector. It was incorporated on 27 June 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA2016PTC094488.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Shyam Sunder Ajitsaria and Makonahalli Nagaraj Shivashankkar.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A 504 Gopalan Atlantis Ecc Road Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2018, the company reported a revenue of ₹65,000, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹44,259 (net margin -68.1%) and EBITDA of -₹44,259 (EBITDA margin -68.1%).
Company details
Contact details
Shrees Renewables Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA 504 Gopalan Atlantis Ecc Road Whitefield, Bangalore, Karnataka, India – 560066
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
To see the full contact details of Shrees Renewables 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 Shrees Renewables is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Shrees Renewables Private Limited, buy the company report.
Financials of Shrees Renewables Private Limited
FY 2018 filings availableShrees Renewables Private Limited reported revenue of ₹65,000 (down 76% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year. EBITDA fell 46% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
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| EBITDA | -₹44,259 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹44,259 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -68.1% | |
| Net Profit Margin | -68.1% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Shrees Renewables Private Limited, buy the company report.
Board of directors of Shrees Renewables Private Limited
Shrees Renewables has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Sunder Ajitsaria Also directs: Akshaya Edutech LLP, Sa-Sai Retail India Private Limited | Director | 27 Jun 2016 | 10 Years 4 Months | As last reported |
| Makonahalli Nagaraj Shivashankkar Also directs: Akshaya Edutech LLP | Director | 27 Jun 2016 | 10 Years 4 Months | As last reported |
Peer comparison
Shrees Renewables Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Azure Power Thirty Five Private Limited | ₹66,000 (FY 2021) | New Delhi, Delhi, India | ||||
| Apolux Agri Private Limited | ₹66,000 (FY 2019) | 2.0% | Hyderabad, Telangana, India | |||
| Jalashaayi Alamparathodu Hydro Power Limited | ₹65,585 (FY 2022) | 8.0% | Kochi, Kerala, India | |||
| Shrees Renewables Private Limitedthis company | ₹65,000 (FY 2018) | -₹44,259 | -68.1% | -76.0% | Bangalore, Karnataka, India | |
| Suyam Energy Private Limited | ₹65,000 (FY 2017) | 8.0% | Chennai, Tamil Nadu, India | |||
| PV Urja Private Limited | ₹65,000 (FY 2016) | -92.0% | Kanpur, Uttar Pradesh, India | |||
| Daria Hydro Power Private Limited | ₹65,000 (FY 2025) | 30.0% | Hyderabad, Telangana, India | |||
| Chetan Solar Energy Private Limited | ₹64,200 (FY 2020) | 269.0% | Delhi, India | |||
| Seebury Green Energy Private Limited | ₹64,140 (FY 2016) | Mysore, Karnataka, India | ||||
| Monsters Automation Systems Private Limited | ₹62,035 (FY 2020) | -27.0% | Hyderabad, Telangana, India | |||
| Naur Green Energy Private Limited | ₹62,000 (FY 2025) | 24.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Shrees Renewables Private Limited, buy the company report.
Auditor
Shrees Renewables Private Limited is audited by RAMESH ASHWIN AND KARANTH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH ASHWIN AND KARANTH | FY 2017 | 106080S |
Shareholding
The shareholding of Shrees Renewables Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shrees Renewables Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shrees Renewables 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 Shrees Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shrees Renewables Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shrees Renewables Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Makonahalli Nagaraj Shivashankkar was appointed as Director on 27 Jun 2016.
Frequently asked questions
Shrees Renewables has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Shrees Renewables was a private limited company based in Bangalore, Karnataka, India. The company worked in electric power generation, within the energy industry. It was incorporated on 27 June 2016 and is registered under CIN U40106KA2016PTC094488. The company has been struck off by the Registrar of Companies and is no longer operational.
Shrees Renewables had 2 directors:
- Shyam Sunder Ajitsaria - Director
- Makonahalli Nagaraj Shivashankkar - Director
The CIN (Corporate Identification Number) of Shrees Renewables is U40106KA2016PTC094488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shrees Renewables is at A 504 Gopalan Atlantis Ecc Road Whitefield, Bangalore, Karnataka, India – 560066.
Shrees Renewables was incorporated on 27 June 2016. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Shrees Renewables on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from FY 2017 are in the company report.
Shrees Renewables operated in the energy industry, in the electric power generation segment. It worked in this industry before it was struck off.
The peers of Shrees Renewables by revenue are Azure Power Thirty Five Private Limited, Apolux Agri Private Limited, Jalashaayi Alamparathodu Hydro Power Limited, Suyam Energy Private Limited, PV Urja Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Makonahalli Nagaraj Shivashankkar was appointed as Director on 27 Jun 2016. Shyam Sunder Ajitsaria was appointed as Director on 27 Jun 2016.
The compliance status of Shrees Renewables is active non-compliant as of 08 August 2026.
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