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Simpleenergy Private Limited - automotive in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹44.29 Cr
▲ 358% YoY
Net loss · FY 2025
₹83.01 Cr
Net margin -187.4%
EBITDA · FY 2025
-₹70.45 Cr
EBITDA margin -159.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹13.76 Lakh
Issued & subscribed
Open charges
₹50.57 Cr
Satisfied ₹7.5 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
373
Provident fund records
About Simpleenergy Private Limited
Data last updated:
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.
Its director Arokiaswamy Velumani is #606 among India's richest people (2026).
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 5 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 3 larger and 2 smaller; the largest is Okinawa Autotec Private Limited with revenue of ₹48.24 Cr.
Simpleenergy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0079347). 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.
Company details
CIN U29309KA2019PTC127859
Registration Number 127859
Incorporation Date 12 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0079347
Key People
Ankit Gupta Omprakash Director Suhas Rajkumar Kolewad Director Velumani Arokiaswamy Director Recognitions & Rankings of Simpleenergy
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0079347
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #606 Arokiaswamy Velumani ₹5,500 Cr
Contact details
Simpleenergy Private Limited's registered office is in Bengaluru, Karnataka. Its website is simpleenergy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Simpleenergy Private Limited, buy the company report.
Comprehensive company report
Simpleenergy Private Limited - one report that includes everything
- 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
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Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Simpleenergy Private Limited, buy the company report.
Financials of Simpleenergy Private Limited
FY 2024 filings availableSimpleenergy Private Limited reported revenue of ₹44.29 Cr (up 358% YoY) for FY 2025.
Revenue · FY 2025
₹44.29 Cr ▲ 358%
Net loss · FY 2025
₹83.01 Cr margin -187.4%
EBITDA · FY 2025
-₹70.45 Cr margin -159.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 358%
3 years · compounded
▲ 286%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 110%
5 years · compounded
▼ 547%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹70.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹83.01 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Simpleenergy Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Gupta Omprakash | Director | 10 Dec 2021 | 4 Years 10 Months | Current |
| Suhas Rajkumar Kolewad | Director | 12 Sep 2019 | 7 Years 1 Months | Current |
| Velumani Arokiaswamy Also directs: Focus Value LLP, Mahima Advertising LLP, Emerald Jewel Industry India Limited and 2 more | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Shreshth Mishra | Director | 22 Nov 2019 | 6 Years 11 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 2 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 |
Showing 6 of 8 current directors. View all directors
Peer comparison
Simpleenergy Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Okinawa Autotec Private Limited | ₹48.24 Cr (FY 2025) | -74.0% | Gurgaon, Haryana, India | |||
| Greencell EV Private Limited | ₹47.81 Cr (FY 2025) | 414.0% | Mumbai, Maharashtra, India | |||
| Yuki Electric India Private Limited | ₹46.77 Cr (FY 2025) | 42.0% | Delhi, India | |||
| Simpleenergy Private Limitedthis company | ₹44.29 Cr (FY 2025) | -₹83.01 Cr | -187.4% | 358.0% | 373 | Bengaluru, Karnataka, India |
| Lords Mark Tech Next Private Limited | ₹44.11 Cr (FY 2024) | 52.0% | Borivli East Mumbai, Maharashtra, India | |||
| Solterra Technologies Private Limited | ₹42.61 Cr (FY 2025) | 213.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Simpleenergy Private Limited, buy the company report.
Auditor
Simpleenergy Private Limited is audited by THULASI AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THULASI AND CO | FY 2023 | 012632S |
Shareholding
The shareholding of Simpleenergy Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Simpleenergy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50.57 Cr
Satisfied charges
₹7.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2024 | 100982903 | Others | ₹10 Cr | Open | |
| 30 Jun 2023 | 100758208 | Hdfc Bank Limited | ₹26.12 Lakh | Open | |
| 09 May 2023 | 100736330 | Hdfc Bank Limited | ₹20.95 Lakh | Open | |
| 28 Jul 2022 | 100601575 | Hdfc Bank Limited | ₹40.1 Cr | Open | |
| 22 Mar 2023 | 100698084 | Others | ₹2.5 Cr | Satisfied |
To see the full charge records of Simpleenergy Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
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.
Total deals
37
Convertible or debt financings
16
Secondary share transfers
9
Rights issues
6
Funding rounds
5
Disclosed funding
₹2,231.18 Cr
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 |
To see the full deal history of Simpleenergy 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
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.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 3 | 1 | 1 |
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 M/S Anvation Labs Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against M/S 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 |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Simpleenergy 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 Simpleenergy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Simpleenergy has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Simpleenergy Manufacturing Private Limited | U34100TZ2022PTC040085 | |
| Simple Loop Private Limited | U74999KA2021PTC154171 |
To see the full group structure of Simpleenergy Private Limited, buy the company report.
Employees & EPFO
Simpleenergy Private Limited has a workforce of 373 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
373
Active EPFO establishments
1
Employee growth
37.64%
GST
Simpleenergy has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS6231R1ZO | Karnataka | Active | 01 Oct 2019 |
| 33ABCCS6231R1ZZ | Tamil Nadu | Active | 07 Jul 2022 |
To see the full GST registrations and return filing status of Simpleenergy Private Limited, buy the company report.
Recent activity
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.
Charges
A charge with Hdfc Bank Limited of Rs. 4,010.00 Lakh registered on 28 Jul 2022 with Charge ID 100601575 was modified on 20 Nov 2025.
Appointed
Balamurugan Arumugam was appointed as Director.
Appointed
Sheetal Narayan Shetty was appointed as Director.
Appointed
Velumani Arokiaswamy was appointed as Director.
AGM
Simpleenergy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Shekha Sailesh Haran was appointed as Director.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100982903 was registered on 26 Sep 2024.
Charges
A charge registered on 22 Mar 2023 via Charge ID 100698084 with Others was fully satisfied on 23 Sep 2024.
Charges
A charge registered on 27 Jul 2022 via Charge ID 100601558 with Others was fully satisfied on 23 Sep 2024.
Filing
Simpleenergy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Amruta Velumani ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.12 Lakh with Charge ID 100758208 was registered on 30 Jun 2023.
13 earlier events are in the company report.
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Frequently asked questions
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 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
The latest financial statements of Simpleenergy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
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 district 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, Yuki Electric India Private Limited, Lords Mark Tech Next Private Limited, Solterra Technologies Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Balamurugan Arumugam was appointed as Director on 30 Sep 2025. Sheetal Narayan Shetty was appointed as Director on 30 Sep 2025. Velumani Arokiaswamy was appointed as Director on 30 Sep 2025. Simpleenergy has 13 board changes on record in total.
Yes, Simpleenergy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).