About Shrinivas Electricals GTD Private Limited
Data last updated:
Shrinivas Electricals GTD Private Limited is a private limited company based in Nashik, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power epc, bop and btg services segment of the energy and power sector. It was incorporated on 01 December 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2011PTC224557. Its GSTIN is 27AAQCS6632R1ZB (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.01 Cr. It was formerly known as Somnath Electrical and Infrastructure Private Limited and Sairus Infra Private Limited. It is led by directors Prakash Murlidhar Bhamare and Santosh Shashikant Deshpande.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shrinivas Tower I S.No. 15/3 Plot No. 5 Narayan Gurudeo Trust Pakhal Road, Nashik, Maharashtra, India – 422006.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.05 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹10.55 Cr (net margin -131%) and EBITDA of -₹6.92 Cr (EBITDA margin -85.9%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 125% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹65.07 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is shrinivaselectricals.com.
Company details
Name history
Shrinivas Electricals GTD has undergone 2 name changes throughout its history. The company was previously known as Somnath Electrical And Infrastructure Private Limited, and Sairus Infra Private Limited. The current legal name is Shrinivas Electricals Gtd Private Limited.
| Company Name | Status |
|---|---|
| Shrinivas Electricals GTD Private Limited | Current |
| Somnath Electrical And Infrastructure Private Limited | Previous |
| Sairus Infra Private Limited | Previous |
Contact details
Shrinivas Electricals GTD Private Limited's registered office is in Nashik, Maharashtra. Its website is shrinivaselectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShrinivas Tower I S.No. 15/3 Plot No. 5 Narayan Gurudeo Trust Pakhal Road, Nashik, Maharashtra, India – 422006
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Shrinivas Electricals GTD 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 Shrinivas Electricals GTD 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 Shrinivas Electricals GTD Private Limited, buy the company report.
Financials of Shrinivas Electricals GTD Private Limited
FY 2020 filings availableShrinivas Electricals GTD Private Limited reported revenue of ₹8.05 Cr (down 70% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 125%. EBITDA rose 42% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.55 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -85.9% | ||||
| Net Profit Margin | -131% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shrinivas Electricals GTD Private Limited, buy the company report.
Board of directors of Shrinivas Electricals GTD Private Limited
Shrinivas Electricals GTD has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Murlidhar Bhamare Also directs: Shrinivas Fabrication GTD Private Limited, Shrinivas Eco Homes Private Limited, Smita Tech Solutions Private Limited and 1 more | Director | 25 Feb 2017 | 9 Years 8 Months | As last reported |
| Santosh Shashikant Deshpande | Director | 30 Dec 2020 | 5 Years 9 Months | As last reported |
Auditor
Shrinivas Electricals GTD Private Limited is audited by M R J AND COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R J AND COMPANY | FY 2020 | 146068W |
Shareholding
The shareholding of Shrinivas Electricals GTD Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shrinivas Electricals GTD Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2020 | 100345020 | Others | ₹20.4 Cr | Open | |
| 01 Jan 2018 | 100150431 | Others | ₹50 Lakh | Open | |
| 01 Jan 2018 | 100150433 | Others | ₹17.02 Lakh | Open | |
| 30 Oct 2017 | 100134942 | Others | ₹14 Cr | Open | |
| 30 Mar 2017 | 100099404 | Others | ₹24 Cr | Open |
To see the full charge records of Shrinivas Electricals GTD Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shrinivas Electricals GTD Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by The Federal Bank Limited | Disposed |
To see the full case history of Shrinivas Electricals GTD 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.
Credit ratings & regulatory alerts
Shrinivas Electricals GTD Private Limited was last rated by Brickwork on 20 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 20 Mar 2020 |
To see the full credit ratings and regulatory alerts of Shrinivas Electricals GTD Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shrinivas Electricals GTD Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shrinivas Electricals GTD Private Limited has a workforce of 2 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Shrinivas Electricals GTD has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS6632R1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shrinivas Electricals GTD Private Limited, buy the company report.
Recent activity
Shrinivas Electricals GTD Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Santosh Shashikant Deshpande ceased to be Additional Director on 31 Dec 2020.
6 earlier events are in the company report.
Frequently asked questions
Shrinivas Electricals GTD is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Shrinivas Electricals GTD is a company under liquidation, formerly operating as a private limited company based in Nashik, Maharashtra, India. The company works in power epc, bop and btg services, within the energy and power industry. It was incorporated on 01 December 2011 and is registered under CIN U45400MH2011PTC224557. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shrinivas Electricals GTD has 2 current directors:
- Prakash Murlidhar Bhamare - Director
- Santosh Shashikant Deshpande - Director
The latest financial statements of Shrinivas Electricals GTD on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shrinivas Electricals GTD is U45400MH2011PTC224557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrinivas Electricals GTD has open charges of ₹65.07 Cr and no satisfied charges on record as per latest MCA filings.
Shrinivas Electricals GTD has 1 court case on record: 1 filed against it.
Shrinivas Electricals GTD was incorporated on 01 December 2011. It is registered with the Registrar of Companies, Mumbai.
Santosh Shashikant Deshpande ceased to be Additional Director on 31 Dec 2020. Ganesh Ramesh Nibe ceased to be Director on 30 Dec 2020. Santosh Shashikant Deshpande was appointed as Director on 30 Dec 2020. Shrinivas Electricals GTD has 8 board changes on record in total.
Shrinivas Electricals GTD can be reached through the website shrinivaselectricals.com. Its registered office is in Nashik, Maharashtra, India.