MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0129892
Subtle Energies Private Limited
Subtle Energies Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.08 Cr
▲ 33% YoY
Net profit · FY 2025
₹8.22 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹11.44 Lakh
EBITDA margin 1.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Subtle Energies Private Limited
Data last updated:
Subtle Energies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 26 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC294330. Its GSTIN is 27AAYCS5732L1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sheriar Ardeshir Irani and Nekzad Sheriar Irani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 11 Cusrow Baug Shahid Bhagatsingh Road Electric House Colaba Causeway, Mumbai, Maharashtra, India – 400039.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.08 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹8.22 Lakh (net margin 1.2%) and EBITDA of ₹11.44 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years.
Subtle Energies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0129892). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2017PTC294330
Registration Number 294330
Incorporation Date 26 April 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0129892
Key People
Sheriar Ardeshir Irani Director Nekzad Sheriar Irani Director Farida Sheriar Irani Director Recognitions & Rankings of Subtle Energies
Contact details
Subtle Energies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC – 11 Cusrow Baug Shahid Bhagatsingh Road Electric House Colaba Causeway, Mumbai, Maharashtra, India – 400039
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Subtle Energies Private Limited, buy the company report.
Comprehensive company report
Subtle Energies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Subtle Energies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Subtle Energies Private Limited, buy the company report.
Financials of Subtle Energies Private Limited
FY 2025 filings availableSubtle Energies Private Limited reported revenue of ₹7.08 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹7.08 Cr ▲ 33%
Net profit · FY 2025
₹8.22 Lakh margin 1.2%
EBITDA · FY 2025
₹11.44 Lakh margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 81%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 113%
5 years · compounded
▲ 241%
Revenue has grown at a compounded annual rate (CAGR) of 81% over three years, including 33% growth in the latest year. EBITDA rose 7% 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 | ₹11.44 Lakh | ||||
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| Net Profit (PAT) | ₹8.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Subtle Energies Private Limited, buy the company report.
Board of directors of Subtle Energies Private Limited
Subtle Energies has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheriar Ardeshir Irani | Director | 26 Apr 2017 | 9 Years 6 Months | Current |
| Nekzad Sheriar Irani | Director | 04 Jun 2019 | 7 Years 4 Months | Current |
| Farida Sheriar Irani | Director | 26 Apr 2017 | 9 Years 6 Months | Current |
| Zenobia Dhunjishaw Pajniger | Director | 14 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Subtle Energies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veena Gases & Chemicals Private Limited. | ₹7.09 Cr (FY 2025) | New Delhi, Delhi, India | ||||
| Beatbox Entertainment Private Limited | ₹7.09 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Uniciti Solutions Private Limited | ₹7.08 Cr (FY 2025) | -2.0% | Pune, Maharashtra, India | |||
| Eager Trading and Marketing Private Limited | ₹7.08 Cr (FY 2025) | 18.0% | Patna, Bihar, India | |||
| Bindu Tech Flow Solutions Private Limited | ₹7.08 Cr (FY 2023) | 25.0% | Dombivli East, Maharashtra, India | |||
| Subtle Energies Private Limitedthis company | ₹7.08 Cr (FY 2025) | ₹8.22 Lakh | 1.2% | 33.0% | Mumbai, Maharashtra, India | |
| R. L. Powertech Private Limited | ₹7.08 Cr (FY 2025) | 53.0% | Hanumangarh, Rajasthan, India | |||
| Instruments Care (Chennai) Private Limited | ₹7.08 Cr (FY 2025) | 29.0% | Chennai, Tamil Nadu, India | |||
| Almiya Future Energies Private Limited | ₹7.08 Cr (FY 2024) | 218.0% | Kanayannur, Kerala, India | |||
| Hamsini Enterprises Private Limited | ₹7.07 Cr (FY 2025) | 25.0% | Thane, Maharashtra, India | |||
| S.T.C Industries Limited | ₹7.07 Cr (FY 2025) | -9.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Subtle Energies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Subtle Energies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Subtle Energies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Subtle Energies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS5732L1ZG | Maharashtra | Active | 01 Dec 2018 |
To see the full GST registrations and return filing status of Subtle Energies Private Limited, buy the company report.
Recent activity
Subtle Energies Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Zenobia Dhunjishaw Pajniger was appointed as Director on 14 Jul 2025.
AGM
Subtle Energies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Zenobia Dhunjishaw Pajniger was appointed as Director.
Filing
Subtle Energies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Nekzad Sheriar Irani was appointed as Director.
Appointed
Farida Sheriar Irani was appointed as Director.
Appointed
Sheriar Ardeshir Irani was appointed as Director.
Incorporation
26 Apr 2017
Subtle Energies Private Limited was registered on 26 Apr 2017 with Roc Mumbai I & aged 9 years 6 months as per MCA records.
Frequently asked questions
Subtle Energies is an active private limited company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 26 April 2017 (9+ years old) and is registered under CIN U74999MH2017PTC294330.
Subtle Energies has 4 current directors:
- Sheriar Ardeshir Irani - Director
- Nekzad Sheriar Irani - Director
- Farida Sheriar Irani - Director
- Zenobia Dhunjishaw Pajniger - Director
The latest financial statements of Subtle Energies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Subtle Energies is 27AAYCS5732L1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Subtle Energies is U74999MH2017PTC294330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Subtle Energies was incorporated on 26 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Subtle Energies by revenue are Veena Gases & Chemicals Private Limited, Beatbox Entertainment Private Limited, Uniciti Solutions Private Limited, Eager Trading and Marketing Private Limited, Bindu Tech Flow Solutions Private Limited and 5 more, all in the same principal business activity (retail trading).
Zenobia Dhunjishaw Pajniger was appointed as Director on 14 Jul 2025. Nekzad Sheriar Irani was appointed as Director on 04 Jun 2019. Farida Sheriar Irani was appointed as Director on 26 Apr 2017. Subtle Energies has 4 board changes on record in total.
Yes, Subtle Energies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0129892).
The registered office of Subtle Energies is at C – 11 Cusrow Baug Shahid Bhagatsingh Road Electric House Colaba Causeway, Mumbai, Maharashtra, India – 400039.
Subtle Energies operates in the business services industry, in the miscellaneous business activities segment.