Suvire Electric Private Limited

Suvire Electric Private Limited - consumer electronics & durables in Sriperumbudur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U31300TN2006PTC059170 Incorporated 14 March 2006 ROC Chennai HQ Sriperumbudur, Tamil Nadu, India
Active Private Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2025
₹1.6 Cr
▼ 90% YoY
Net loss · FY 2025
₹4.36 Cr
Net margin -272.1%
EBITDA · FY 2025
-₹2.05 Cr
EBITDA margin -127.9%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹3.51 Cr
Issued & subscribed
Open charges
₹13.75 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
44
Provident fund records

About Suvire Electric Private Limited

Data last updated:

Suvire Electric Private Limited is a private limited company based in Sriperumbudur, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 14 March 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31300TN2006PTC059170. Its GSTIN is 33AAKCS4608M1Z2 (Tamil Nadu).

The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.51 Cr. It is led by directors including Vijayaraj Krishnan (Managing Director) and Giridhari Rajagopalan (Whole-Time Director).

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 G 12 Sipcot Industrial Park Mambakkam Post Sriperumbudur Kanchipuram, Tamil Nadu, India – 602106.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.6 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹4.36 Cr (net margin -272.1%) and EBITDA of -₹2.05 Cr (EBITDA margin -127.9%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 42% over five years.

The company has about 44 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Suvire. As per MCA filings, the company has open charges of ₹13.75 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.1 Cr; the latest was in September 2020. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 136 overdue payments to 38 micro and small suppliers.

Suvire Electric Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0016378). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suviregroup.com.

Company details

CIN U31300TN2006PTC059170
Registration Number 059170
Incorporation Date 14 March 2006
ROC Chennai
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 Small
Udyam Registration UDYAM-TN-08-0016378

Recognitions & Rankings of Suvire Electric

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-08-0016378

Contact details

Suvire Electric Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is suviregroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    G 12 Sipcot Industrial Park Mambakkam Post Sriperumbudur Kanchipuram, Tamil Nadu, India – 602106
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Suvire Electric Private Limited, buy the company report.

Comprehensive company report
Suvire Electric 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

Suvire Electric operates one associated brand: Suvire. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacture of electrical switchgear, control panels, and enclosures for energy sectors.suviregroup.com

Business activity

The main business activity of Suvire Electric is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Suvire Electric Private Limited, buy the company report.

Financials of Suvire Electric Private Limited

FY 2025 filings available

Suvire Electric Private Limited reported revenue of ₹1.6 Cr (down 90% YoY) for FY 2025.

Revenue · FY 2025
₹1.6 Cr ▼ 90%
Net loss · FY 2025
₹4.36 Cr margin -272.1%
EBITDA · FY 2025
-₹2.05 Cr margin -127.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 44%
5 years · compounded
▼ 42%

Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 90% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.6 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹2.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.36 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-127.9%
Net Profit Margin-272.1%
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 Suvire Electric Private Limited, buy the company report.

Board of directors of Suvire Electric Private Limited

Suvire Electric has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijayaraj KrishnanManaging Director14 Mar 200620 Years 7 MonthsCurrent
Joji Cherian VelamparambilDirector15 Feb 201610 Years 8 MonthsCurrent
Giridhari RajagopalanWhole-Time Director16 Jun 201115 Years 4 MonthsCurrent

Auditor

Suvire Electric Private Limited is audited by ANAND & PONNAPPAN for the financial year 2024.

Auditor firmFinancial yearFirm registration number
ANAND & PONNAPPANFY 2024000111S

Shareholding

The shareholding of Suvire Electric Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Suvire Electric Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of India₹13.69 Cr
Hdfc Bank Limited₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Oct 2022100666083Hdfc Bank Limited₹5.99 LakhOpen
30 Oct 2021100502080Bank of India₹1 CrOpen
29 Jun 2020100348707Bank of India₹1.1 CrOpen
12 Jun 2020100347883Bank of India₹65 LakhOpen
15 Jul 200810120323Bank of India₹2.8 CrOpen

To see the full charge records of Suvire Electric Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Suvire Electric Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.1 Cr; the latest was in September 2020.

Total deals
6
Funding rounds
5
Secondary share transfer
1
Disclosed funding
₹7.1 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Sep 2020Funding round₹28.8 LakhInvestors: an individual
Mar 2018Funding round₹47 LakhInvestors: an individual
Mar 2016Funding round₹3.89 CrInvestors: 3 individuals
Nov 2011Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2011Funding round₹1.2 CrInvestors: an individual

To see the full deal history of Suvire Electric Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Suvire Electric Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 136 overdue payments to 38 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 38)

SupplierAmount dueDue sinceReported on
Reliable Gases
Clear Cut Abrasives India Private Limited
an individual supplier
Indomax
Hydro-Fabs

To see the full MSME payment records of Suvire Electric Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Suvire Electric Private Limited has a workforce of 44 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.

Employee count
44
Active EPFO establishments
1
Employee growth
12.82%

GST

Suvire Electric has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAKCS4608M1Z2Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Suvire Electric Private Limited, buy the company report.

Recent activity

Suvire Electric Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Palakurishi Gopinath ceased to be Director on 30 Jun 2025.

AGM
Suvire Electric Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Palakurishi Gopinath ceased to be Director.
Filing
Suvire Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Bank Of India of Rs. 1.00 Cr registered on 30 Oct 2021 with Charge ID 100502080 was modified on 13 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100666083 was registered on 29 Oct 2022.
Charges
A charge with Bank Of India amounted to Rs. 1.00 Cr with Charge ID 100502080 was registered on 30 Oct 2021.
Charges
A charge with Bank Of India amounted to Rs. 1.10 Cr with Charge ID 100348707 was registered on 29 Jun 2020.
Charges
A charge with Bank Of India amounted to Rs. 0.65 Cr with Charge ID 100347883 was registered on 12 Jun 2020.
Charges
A charge with Bank Of India of Rs. 8.14 Cr registered on 12 Jul 2008 with Charge ID 10120060 was modified on 15 Sep 2017.
Appointed
Joji Cherian Velamparambil was appointed as Director.
Ceased
Remya Kavil Paatu Kunnathu ceased to be Director.
Appointed
Giridhari Rajagopalan was appointed as Whole-Time Director.

4 earlier events are in the company report.

Frequently asked questions

Suvire Electric is an active private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 14 March 2006 (20+ years old) and is registered under CIN U31300TN2006PTC059170.

Suvire Electric has 3 current directors:

The latest financial statements of Suvire Electric 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 2015 are in the company report.

The GSTIN of Suvire Electric is 33AAKCS4608M1Z2, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Suvire Electric is U31300TN2006PTC059170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Suvire Electric has 1 court case on record: 1 filed against it. 1 is pending.

Suvire Electric was incorporated on 14 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.

Suvire Electric has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.1 Cr; the latest was in September 2020.

Palakurishi Gopinath ceased to be Director on 30 Jun 2025. Joji Cherian Velamparambil was appointed as Director on 15 Feb 2016. Remya Kavil Paatu Kunnathu ceased to be Director on 27 Jun 2011. Suvire Electric has 5 board changes on record in total.

Yes, Suvire Electric is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0016378).

Suvire Electric has 7 MSME Form 1 returns on record between 2019 and 2022, listing 136 overdue payments to 38 micro and small suppliers. The latest return was filed on 30 Apr 2022.