MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0072257
Sureseal Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.07 Cr
▲ 16% YoY
Net loss · FY 2025
₹24 Lakh
Net margin -3.4%
EBITDA · FY 2025
-₹6.26 Lakh
EBITDA margin -0.9%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹50.09 Lakh
Issued & subscribed
Open charges
₹3.33 Cr
Satisfied ₹1.11 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
8
Provident fund records
About Sureseal Private Limited
Data last updated:
Sureseal Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 27 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28129KA1987PTC008689. Its GSTIN is 29AABCS7751C1ZB (Karnataka).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50.09 Lakh. It is led by directors Bangalore Narayana Giridharrao (Managing Director) and Nanda Bai Narayan (Whole-Time Director).
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 Ground Floor 64/10 Jaraganahalli Kanakapura Main Road, Uttarahalli Hobli Banashankari Bangalore South Bangalore Karnataka, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.07 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹24 Lakh (net margin -3.4%) and EBITDA of -₹6.26 Lakh (EBITDA margin -0.9%). Revenue has grown at a compounded annual rate (CAGR) of 162% over three years and 10% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sureseal. As per MCA filings, the company has open charges of ₹3.33 Cr and satisfied charges of ₹1.11 Cr on record.
Sureseal Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0072257). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sureseal.in.
Company details
CIN U28129KA1987PTC008689
Registration Number 008689
Incorporation Date 27 October 1987
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0072257
Recognitions & Rankings of Sureseal
Contact details
Sureseal Private Limited's registered office is in Bangalore, Karnataka. Its website is sureseal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor 64/10 Jaraganahalli Kanakapura Main Road, Uttarahalli Hobli Banashankari Bangalore South Bangalore Karnataka, Karnataka, India – 560078
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sureseal Private Limited, buy the company report.
Comprehensive company report
Sureseal 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
Sureseal operates one associated brand: Sureseal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of aluminium caps and recycled products for various industries in India. | sureseal.in |
Business activity
The main business activity of Sureseal is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Sureseal Private Limited, buy the company report.
Financials of Sureseal Private Limited
FY 2024 filings availableSureseal Private Limited reported revenue of ₹7.07 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹7.07 Cr ▲ 16%
Net loss · FY 2025
₹24 Lakh margin -3.4%
EBITDA · FY 2025
-₹6.26 Lakh margin -0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 162%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 151%
3 years · compounded
▼ 57%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 16% growth in the latest year. EBITDA fell 151% 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 |
|---|---|---|---|---|---|
| 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 | -₹6.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -3.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sureseal Private Limited, buy the company report.
Board of directors of Sureseal Private Limited
Sureseal has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bangalore Narayana Giridharrao Also directs: Clen Innovations Private Limited, BG Softech Limited | Managing Director | 01 Sep 2004 | 22 Years 2 Months | Current |
| Nanda Bai Narayan Also directs: BG Softech Limited | Whole-Time Director | 24 May 2004 | 22 Years 5 Months | Current |
Auditor
Sureseal Private Limited is audited by C.N. RAJU AND COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.N. RAJU AND COMPANY | FY 2022 | 011877S |
Shareholding
The shareholding of Sureseal Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sureseal Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.33 Cr
Satisfied charges
₹1.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2018 | 100179952 | Canara Bank | ₹8.25 Lakh | Open | |
| 15 Dec 2017 | 100143630 | Canara Bank | ₹5 Lakh | Open | |
| 18 Feb 2005 | 80002167 | Canara Bank | ₹3.2 Cr | Open | |
| 29 Nov 2013 | 10466160 | Canara Bank | ₹13 Lakh | Satisfied | |
| 29 Nov 2013 | 10466162 | Canara Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Sureseal Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Sureseal 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
Sureseal Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 36 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Quality Closure | |||
| an individual supplier | |||
| Binny Wads Private Limited | |||
| Manish Aluminium Private Limited | |||
| Tekni Plex India Private Limited |
To see the full MSME payment records of Sureseal Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sureseal has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS7751C1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sureseal Private Limited, buy the company report.
Recent activity
Sureseal Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Giridhar Rao Bangalore Krupa ceased to be Whole-Time Director on 14 Jul 2021.
AGM
Sureseal Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sureseal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Canara Bank of Rs. 319.70 Lakh registered on 18 Feb 2005 with Charge ID 80002167 was modified on 21 Dec 2021.
Ceased
Giridhar Rao Bangalore Krupa ceased to be Whole-Time Director.
Ceased
Bangalore Giridhar Ashwin ceased to be Whole-Time Director.
Charges
A charge registered on 29 Nov 2013 via Charge ID 10466160 with Canara Bank was fully satisfied on 20 Feb 2019.
Charges
A charge registered on 29 Nov 2013 via Charge ID 10466162 with Canara Bank was fully satisfied on 20 Feb 2019.
Charges
A charge with Canara Bank amounted to Rs. 8.25 Lakh with Charge ID 100179952 was registered on 23 Mar 2018.
Charges
A charge with Canara Bank amounted to Rs. 5.00 Lakh with Charge ID 100143630 was registered on 15 Dec 2017.
Charges
A charge with Canara Bank amounted to Rs. 13.00 Lakh with Charge ID 10466160 was registered on 29 Nov 2013.
Charges
A charge with Canara Bank amounted to Rs. 5.00 Lakh with Charge ID 10466162 was registered on 29 Nov 2013.
Charges
A charge registered on 28 Nov 2006 via Charge ID 10027114 with Canara Bank was fully satisfied on 22 Jun 2013.
12 earlier events are in the company report.
Frequently asked questions
Sureseal is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 27 October 1987 (39+ years old) and is registered under CIN U28129KA1987PTC008689.
Sureseal has 2 current directors:
- Bangalore Narayana Giridharrao - Managing Director
- Nanda Bai Narayan - Whole-Time Director
The latest financial statements of Sureseal 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 2015 are in the company report.
The GSTIN of Sureseal is 29AABCS7751C1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Sureseal is U28129KA1987PTC008689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sureseal was incorporated on 27 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
Giridhar Rao Bangalore Krupa ceased to be Whole-Time Director on 14 Jul 2021. Bangalore Giridhar Ashwin ceased to be Whole-Time Director on 21 Sep 2020. Bangalore Narayana Giridharrao was appointed as Managing Director on 01 Sep 2004. Sureseal has 4 board changes on record in total.
Yes, Sureseal is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0072257).
Sureseal has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 36 overdue payments to 9 micro and small suppliers. The latest return was filed on 09 Sep 2019.
Sureseal can be reached through the website sureseal.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sureseal is at Ground Floor 6410 Jaraganahalli Kanakapura Main Road, Uttarahalli Hobli Banashankari Bangalore South Bangalore Karnataka, Karnataka, India – 560078.
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