- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-27-0003464

About Shreevari Energy Systems Private Limited
Data last updated:
Shreevari Energy Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Ntc Holdings Private Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 21 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27101TN2004PTC054979. Its GSTIN is 33AAJCS7755A1ZE (Tamil Nadu).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹30 Cr. It was formerly known as Sreevari Fabricators Private Limited and Sreevari Engineers Private Limited. It is led by directors including Sellappan Jayasimman and Arunachalam Kunnimalaisamy.
Its last annual general meeting (AGM) was held on 31 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ntctowersnewno97 Oldno.47 Linghichettystreet, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.37 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹4.33 Cr (net margin -8.6%) and EBITDA of ₹5.93 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 31% over five years.
The company has about 75 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹99.8 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹1.01 Cr; the latest was in March 2024. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 40 overdue payments to 18 micro and small suppliers.
Shreevari Energy Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-27-0003464). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreevarienergy.com.
Company details
Name history
Shreevari Energy Systems has undergone 2 name changes throughout its history. The company was previously known as Sreevari Fabricators Private Limited, and Sreevari Engineers Private Limited. The current legal name is Shreevari Energy Systems Private Limited.
| Company Name | Status |
|---|---|
| Shreevari Energy Systems Private Limited | Current |
| Sreevari Fabricators Private Limited | Previous |
| Sreevari Engineers Private Limited | Previous |
Recognitions & Rankings of Shreevari Energy Systems
Contact details
Shreevari Energy Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is shreevarienergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNtctowersnewno97 Oldno.47 Linghichettystreet, Chennai, Tamil Nadu, India – 600001
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Shreevari Energy Systems 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 Shreevari Energy Systems is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Shreevari Energy Systems Private Limited, buy the company report.
Financials of Shreevari Energy Systems Private Limited
FY 2024 filings availableShreevari Energy Systems Private Limited reported revenue of ₹50.37 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 8% 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 | ₹5.93 Cr | ||||
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| Net Profit (PAT) | -₹4.33 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | -8.6% | ||||
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To see the full financial statements and ratios of Shreevari Energy Systems Private Limited, buy the company report.
Board of directors of Shreevari Energy Systems Private Limited
Shreevari Energy Systems has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sellappan Jayasimman | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Arunachalam Kunnimalaisamy | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Kandasamy Chandramohan | Director | 21 Dec 2004 | 21 Years 10 Months | Current |
| Raaja Sundaram Also directs: NTC Training Academy LLP, Eix Logistic LLP, NTC Infra & Engineering Private Limited and 5 more | Director | 21 Dec 2004 | 21 Years 10 Months | Current |
Auditor
Shreevari Energy Systems Private Limited is audited by A.V.Deven& Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.V.Deven& Co. | FY 2023 | 00726S |
Shareholding
The shareholding of Shreevari Energy Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shreevari Energy Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2025 | 101198876 | Others | ₹50 Cr | Open | |
| 12 Dec 2024 | 101024215 | Others | ₹16 Cr | Satisfied | |
| 22 Sep 2022 | 100611887 | Others | ₹16.18 Cr | Satisfied | |
| 11 Feb 2022 | 100547295 | Others | ₹59.9 Cr | Satisfied | |
| 01 Sep 2014 | 10528534 | Axis Bank Limited | ₹5.5 Cr | Satisfied |
To see the full charge records of Shreevari Energy Systems Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Shreevari Energy Systems Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹1.01 Cr; the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: NTC Holdings Private Limited |
| Apr 2017 | Acquisition | Undisclosed | Buyer: NTC Holdings Private Limited Seller: 4 individuals |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Namakkal Transport Carriers Private Limited |
| Mar 2011 | Funding round | ₹92.5 Lakh | Investors: Namakkal Transport Carriers Private Limited, 3 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Shreevari Energy Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shreevari Energy Systems Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by an individual | Pending |
To see the full case history of Shreevari Energy 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
Shreevari Energy Systems Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 40 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sree Murugan Bearings | |||
| DSC Pipes and Tubes Private Limited | |||
| Chennai Mettex Lab Private Limited | |||
| Dhanalakshmi Engineering Works | |||
| GB NDT Engineering Services |
To see the full MSME payment records of Shreevari Energy Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shreevari Energy Systems Private Limited has a workforce of 75 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Shreevari Energy Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS7755A1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shreevari Energy Systems Private Limited, buy the company report.
Recent activity
Shreevari Energy Systems Private Limited has 11 board changes on record since 2004: 4 appointments and 7 cessations. The latest: Sellappan Jayasimman ceased to be Additional Director on 30 Dec 2020.
15 earlier events are in the company report.
Frequently asked questions
Shreevari Energy Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 21 December 2004 (22+ years old) and is registered under CIN U27101TN2004PTC054979.
Shreevari Energy Systems has 4 current directors:
- Sellappan Jayasimman - Director
- Arunachalam Kunnimalaisamy - Director
- Kandasamy Chandramohan - Director
- Raaja Sundaram - Director
The latest financial statements of Shreevari Energy Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shreevari Energy Systems is 33AAJCS7755A1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Shreevari Energy Systems is U27101TN2004PTC054979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shreevari Energy Systems has 1 court case on record: 1 filed against it. 1 is pending.
Shreevari Energy Systems was incorporated on 21 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
Shreevari Energy Systems has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹1.01 Cr; the latest was in March 2024.
Sellappan Jayasimman ceased to be Additional Director on 30 Dec 2020. Sellappan Jayasimman was appointed as Director on 26 Nov 2019. Natarajan Thillaiarasan ceased to be Director on 05 Feb 2018. Shreevari Energy Systems has 11 board changes on record in total.
Yes, Shreevari Energy Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-27-0003464).
Shreevari Energy Systems has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 40 overdue payments to 18 micro and small suppliers. The latest return was filed on 31 Oct 2019.