Space Age Electro Technology (India) Private Limited
About Space Age Electro Technology (India) Private Limited
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Space Age Electro Technology (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 04 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29308KA1993PTC014398. Its GSTIN is 29AACCS6589F1ZU (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Jayaramu (Managing Director) and Sunanda Jayaramu.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No. Sb – 107 2nd Cross I Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2021, the company reported a revenue of ₹46.04 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1 Lakh (net margin 2.2%) and EBITDA of ₹36.43 Lakh (EBITDA margin 79.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹2.29 Cr and satisfied charges of ₹6.75 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Space Age Electro Technology (India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. Sb – 107 2nd Cross I Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Space Age Electro Technology (India) 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
Financials of Space Age Electro Technology (India) Private Limited
FY 2021 filings availableSpace Age Electro Technology (India) Private Limited reported revenue of ₹46.04 Lakh (down 6% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 6% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹36.43 Lakh | ||||
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| Net Profit (PAT) | ₹1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 79.1% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Space Age Electro Technology (India) Private Limited, buy the company report.
Board of directors of Space Age Electro Technology (India) Private Limited
Space Age Electro Technology (India) has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunanda Jayaramu | Director | 04 Jun 1993 | 33 Years 4 Months | Current |
| Jayaramu | Managing Director | 04 Jun 1993 | 33 Years 4 Months | Current |
| Shruthi Jayaramu | Director | 25 Aug 2021 | 5 Years 1 Months | Current |
| Jayaramu Vinutha | Director | 25 Aug 2021 | 5 Years 1 Months | Current |
Peer comparison
Space Age Electro Technology (India) Private Limited is compared with the 10 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navnirman Electrics P Ltd | ₹46.53 Lakh (FY 2025) | -69.0% | Ahmednagar, Maharashtra, India | |||
| Technotherm Projects Pvt Ltd | ₹46.46 Lakh (FY 2025) | -51.0% | Kolkata, West Bengal, India | |||
| Sigma Transformers and Electricals Private Limited | ₹46.4 Lakh (FY 2025) | 33.0% | Nagpur, Maharashtra, India | |||
| Elita Energy (OPC) Private Limited | ₹46.27 Lakh (FY 2025) | 17.0% | Bhandara, Maharashtra, India | |||
| Ravirashmi Energmech Limited | ₹46.15 Lakh (FY 2025) | -27.0% | Ahmedabad, Gujarat, India | |||
| Space Age Electro Technology (India) Private Limitedthis company | ₹46.04 Lakh (FY 2021) | ₹1 Lakh | 2.2% | -6.0% | Bangalore, Karnataka, India | |
| Blue Life Infra Private Limited | ₹46 Lakh (FY 2019) | 131.0% | Ludhiana, Punjab, India | |||
| Voltamax Batteries Private Limited | ₹45.99 Lakh (FY 2019) | 42.0% | Thane, Maharashtra, India | |||
| Fabricons Technocrat Solutions Private Limited | ₹45.92 Lakh (FY 2025) | 115.0% | Mumbai, Maharashtra, India | |||
| SM Power Solution Private Limited | ₹45.76 Lakh (FY 2025) | -58.0% | Bhilwara, Rajasthan, India | |||
| Poola Energy Private Limited | ₹45.69 Lakh (FY 2024) | -82.0% | Anantapur, Andhra Pradesh, India |
To see the full peer comparison of Space Age Electro Technology (India) Private Limited, buy the company report.
Auditor
Space Age Electro Technology (India) Private Limited is audited by PRABHATH P BHAT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRABHATH P BHAT & CO | FY 2019 | 002694S |
Shareholding
The shareholding of Space Age Electro Technology (India) Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Space Age Electro Technology (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2019 | 100314419 | Others | ₹2.2 Cr | Open | |
| 11 Jan 1994 | 90191182 | Karnataka State Financial Corportion | ₹8.9 Lakh | Open | |
| 15 Apr 2019 | 100263597 | State Bank of India | ₹1.3 Cr | Satisfied | |
| 05 Feb 2014 | 10481581 | State Bank of Mysore | ₹50 Lakh | Satisfied | |
| 05 Jul 2006 | 10011350 | State Bank of Mysore | ₹75 Lakh | Satisfied |
To see the full charge records of Space Age Electro Technology (India) Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Space Age Electro Technology (India) Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Fedbank Financial Services | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Fedbank Financial Services | Disposed |
To see the full case history of Space Age Electro Technology (India) 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 Space Age Electro Technology (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Space Age Electro Technology (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS6589F1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Space Age Electro Technology (India) Private Limited, buy the company report.
Recent activity
Space Age Electro Technology (India) Private Limited has 6 board changes on record since 1993: 4 appointments and 2 cessations. The latest: Jayaramu Vinutha ceased to be Additional Director on 29 Nov 2021.
26 earlier events are in the company report.
Frequently asked questions
Space Age Electro Technology (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 04 June 1993 (33+ years old) and is registered under CIN U29308KA1993PTC014398.
Space Age Electro Technology (India) has 4 current directors:
- Jayaramu - Managing Director
- Sunanda Jayaramu - Director
- Shruthi Jayaramu - Director
- Jayaramu Vinutha - Director
The latest financial statements of Space Age Electro Technology (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Space Age Electro Technology (India) is 29AACCS6589F1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Space Age Electro Technology (India) is U29308KA1993PTC014398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Space Age Electro Technology (India) has 2 court cases on record: 2 filed against it. 1 is pending.
Space Age Electro Technology (India) was incorporated on 04 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Space Age Electro Technology (India) by revenue are Navnirman Electrics P Ltd, Technotherm Projects Pvt Ltd, Sigma Transformers and Electricals Private Limited, Elita Energy (OPC) Private Limited, Ravirashmi Energmech Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Jayaramu Vinutha ceased to be Additional Director on 29 Nov 2021. Shruthi Jayaramu ceased to be Additional Director on 29 Nov 2021. Jayaramu Vinutha was appointed as Director on 25 Aug 2021. Space Age Electro Technology (India) has 6 board changes on record in total.
The registered office of Space Age Electro Technology (India) is at No. Sb – 107 2nd Cross I Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
Space Age Electro Technology (India) operates in the energy and power industry, in the power equipment manufacturers segment.