About Simpleenergy Private Limited
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Simpleenergy Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 12 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2019PTC127859. Its GSTIN is 29ABCCS6231R1ZO (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.76 Lakh. It is led by directors including Ankit Gupta Omprakash and Suhas Rajkumar Kolewad.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹83.01 Cr (net margin -187.4%) and EBITDA of -₹70.45 Cr (EBITDA margin -159.1%). Revenue has grown at a compounded annual rate (CAGR) of 286% over three years.
The company has about 373 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Simple Energy. As per MCA filings, the company has open charges of ₹50.57 Cr and satisfied charges of ₹7.5 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending. The company has 37 deals on record (16 convertible or debt financings, 9 secondary share transfers, 6 rights issues), with disclosed funding of ₹2,231.18 Cr; the latest was in September 2026. Its 10 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles) are compared by revenue, 5 larger and 5 smaller; the largest is Okinawa Autotec Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simpleenergy.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address9th Floor Wing A Sy.No.2/2 North Gate Phase II Modern Asset Venkatala Village Yelahan, Ka Hobli, Bengaluru, Karnataka, India – 560064
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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
- One PDF report, delivered after checkout
Business Activity of Simpleenergy Private Limited
The main business activity of Simpleenergy is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Simpleenergy Private Limited FY 2024 filings available
Simpleenergy Private Limited reported revenue of ₹44.29 Cr (up 358% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Simpleenergy Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 286% over three years, including 358% growth in the latest year. EBITDA fell 58% 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 of Simpleenergy Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹70.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹83.01 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Simpleenergy Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -159.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -187.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Simpleenergy are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Simpleenergy Private Limited
Simpleenergy Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Okinawa Autotec Private Limited | •••• | •••• | •••• | •••• | 50 | Gurgaon, Haryana, India |
| Greencell EV Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Evey Trans (Jab) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Yuki Electric India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Benling India Energy and Technology Private Limited | •••• | •••• | •••• | •••• | 38 | Manesar, Haryana, India |
| Simpleenergy Private Limited this company | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Twinkle Tradecom Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Lords Mark Tech Next Private Limited | •••• | •••• | •••• | •••• | 69 | Borivli East Mumbai, Maharashtra, India |
| Exponent Energy Private Limited | •••• | •••• | •••• | •••• | 215 | Bangalore South, Karnataka, India |
| Evey Trans (MPS) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Solterra Technologies Private Limited | •••• | •••• | •••• | •••• | 16 | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Simpleenergy by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Simpleenergy Private Limited
Simpleenergy Private Limited is audited by THULASI AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| THULASI AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Simpleenergy Private Limited
Simpleenergy has 8 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Gupta Omprakash | Director | 10 Dec 2021 | 4 Years 9 Months | Current |
| Suhas Rajkumar Kolewad | Director | 12 Sep 2019 | 7 Years 0 Months | Current |
| Velumani Arokiaswamy | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Shreshth Mishra | Director | 22 Nov 2019 | 6 Years 10 Months | Current |
| Raghunath Ganapathy Subramanian Also directs: 1Digi Ventures LLP, Actyv.Ai Digital Labs Private Limited, Actyv.Ai Consulting Private Limited and 3 more | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
| Shekha Sailesh Haran Also directs: Siddhshekha Evolver Limited Liability Partnership, Estratega Capital Advisors LLP, Shailesh Haran & Son LLP and 5 more | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Simpleenergy Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Simpleenergy Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2024 | Others | ₹10 Cr | Open |
| 30 Jun 2023 | Hdfc Bank Limited | ₹26.12 Lakh | Open |
| 09 May 2023 | Hdfc Bank Limited | ₹20.95 Lakh | Open |
| 28 Jul 2022 | Hdfc Bank Limited | ₹40.1 Cr | Open |
| 22 Mar 2023 | Others | ₹2.5 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Simpleenergy Private Limited
Simpleenergy Private Limited has 37 deals on record (16 convertible or debt financings, 9 secondary share transfers, 6 rights issues), with disclosed funding of ₹2,231.18 Cr; the latest was in September 2026.
Deals on record (5 of 37)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Debt financing | ₹123 Cr | Investors: HDFC Bank Limited , Capitar Ventures |
| Jul 2025 | Rights issue | ₹62.52 Cr | Investors: Iheart Properties Private Limited , A Sundararaju Huf, 2 individuals |
| Jun 2025 | Rights issue | ₹20 Cr | Investors: Iheart Properties Private Limited , A Sundararaju Huf, an individual |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Shailesh Kumar Shankalchand Haran HUF, Jaya Leasing and Finance Private Limited Seller: 2 individuals |
| Mar 2025 | Rights issue | ₹31.65 Cr | Investors: Simple Energy Az Roth Llc, Iheart Properties Private Limited , 2 individuals |
Full deal history
All 37 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Simpleenergy Private Limited
Simpleenergy Private Limited has 6 court cases on record: 3 filed by Simpleenergy, 3 filed against it. 3 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 3 | 2 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed against the company by Anvation Labs Private Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Anvation Labs Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against Anvation Labs Private Limtied | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Additional Labour Commissioner and Appellate Authority | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Simpleenergy Private Limited
Simpleenergy operates one associated brand: Simple Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electric scooters are manufactured for sustainable urban mobility solutions. | simpleenergy.in |
Employees and EPFO Compliance at Simpleenergy Private Limited
Simpleenergy Private Limited has a workforce of 373 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Simpleenergy Private Limited
Simpleenergy has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Simpleenergy Manufacturing Private Limited | U34100TZ2022PTC040085 | Locked |
| Simple Loop Private Limited | U74999KA2021PTC154171 | Locked |
Showing major subsidiaries. Total: 2.
News related to Simpleenergy Private Limited
Recent Activity on Simpleenergy Private Limited
Simpleenergy Private Limited has 13 board changes on record since 2019: 8 appointments and 5 cessations. The latest: Balamurugan Arumugam was appointed as Director on 30 Sep 2025.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Simpleenergy Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Simpleenergy Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Simpleenergy Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Simpleenergy Private Limited
Simpleenergy has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS6231R1ZO | Karnataka | Active | 01 Oct 2019 |
| 33ABCCS6231R1ZZ | Tamil Nadu | Active | 07 Jul 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Simpleenergy Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Simpleenergy Private Limited
Simpleenergy is an active private limited company based in Bengaluru, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 12 September 2019 (7+ years old) and is registered under CIN U29309KA2019PTC127859.
Simpleenergy reported revenue of ₹44.29 Cr for FY 2025 (up 358% YoY).
Simpleenergy has 8 current directors:
- Ankit Gupta Omprakash - Director
- Suhas Rajkumar Kolewad - Director
- Velumani Arokiaswamy - Director
- Shreshth Mishra - Director
- Raghunath Ganapathy Subramanian - Director
- Shekha Sailesh Haran - Director
- Balamurugan Arumugam - Director
- Sheetal Narayan Shetty - Director
Simpleenergy reported a net loss of ₹83.01 Cr (net margin -187.4%) and EBITDA of -₹70.45 Cr (EBITDA margin -159.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simpleenergy is 286% over three years. In the latest year (FY 2025) revenue rose 358%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Simpleenergy is 29ABCCS6231R1ZO, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33ABCCS6231R1ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Simpleenergy is U29309KA2019PTC127859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simpleenergy has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Simpleenergy was incorporated on 12 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Simpleenergy has 37 deals on record (16 convertible or debt financings, 9 secondary share transfers, 6 rights issues), with disclosed funding of ₹2,231.18 Cr; the latest was in September 2026.
The peers of Simpleenergy by revenue are Okinawa Autotec Private Limited, Greencell EV Private Limited, Evey Trans (Jab) Private Limited, Yuki Electric India Private Limited, Benling India Energy and Technology Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).