Shreevari Energy Systems Private Limited

Engineering company providing RAPH/ESP spares, automation solutions, and technical support for power industry.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 03, 2025

Shreevari Energy Systems Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 30.00 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 59.90 Cr
  • Satisfied Charges ₹ 23.90 Cr
  • Revenue Growth 73.43%
  • Profit Growth 49.37%
  • Ebitda 37.77%
  • Net Worth 285.81%
  • Total Assets 86.57%

About Shreevari Energy Systems

Shreevari Energy Systems Private Limited (SESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 2004 and has a history of 20 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Sreevari Engineers Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 30.00 Cr.

The company currently has active open charges totaling ₹59.90 Cr. The company has closed loans amounting to ₹23.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shreevari Energy Systems Private Limited India is Bargavi as COMPANY SECRETARY. Kandasamy Chandramohan, Raaja Sundaram, Sellappan Jayasimman, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101TN2004PTC054979

  • Company No.

    054979

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 2004

  • Date of AGM

    31 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment
Energy and Power

Who are the key members and board of directors at Shreevari Energy Systems?

Executive Team (1)

Name Designation Appointment Date Status
Bargavi Company Secretary 02-Aug-2022 Current

Board Members (4)

Name Designation Appointment Date Status
Kandasamy Chandramohan Country flag representing In Director 21-Dec-2004 Current
Raaja Sundaram Country flag representing In Director 21-Dec-2004 Current
Sellappan Jayasimman Country flag representing In Director 26-Nov-2019 Current
Arunachalam Kunnimalaisamy Country flag representing In Director 16-Mar-2015 Current

Financial Performance of Shreevari Energy Systems.

Shreevari Energy Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 73.43% increase. The company also saw a substantial improvement in profitability, with a 49.37% increase in profit. The company's net worth Soared by an impressive increase of 285.81%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
73.43%
Revenue from Operations
69.28%
Total Assets
86.57%
Profit or Loss
49.37%
Net Worth
285.81%
EBITDA
37.77%

What is the Ownership and Shareholding Structure of Shreevari Energy Systems?

In 2022, Shreevari Energy Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.90 Cr

Satisfied Charges

₹23.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 59.90 Cr

Latest Charge Details

Date Lender Amount Status
11 Feb 2022 Others ₹59.90 Cr Open
22 Sep 2022 Others ₹16.18 Cr Satisfied
01 Sep 2014 Axis Bank Limited ₹5.50 Cr Satisfied
10 Feb 2010 Central Bank Of India ₹2.22 Cr Satisfied

How Many Employees Work at Shreevari Energy Systems?

Shreevari Energy Systems has a workforce of 75 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shreevari Energy Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shreevari Energy Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shreevari Energy Systems

Recent activity within the organization

  • Charges

    A charge registered on 22 Sep 2022 via Charge ID 100611887 with Others was fully satisfied on 14 Oct 2024.

    14 Oct 2024

  • Annual General Meeting

    Shreevari Energy Systems Private Limited last Annual general meeting of members was held on 31 Oct 2023 as per latest MCA records.

    31 Oct 2023

  • Balance Sheet

    Shreevari Energy Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 16.18 Cr with Charge ID 100611887 was registered on 22 Sep 2022.

    22 Sep 2022

  • Director Appointment

    Bargavi was appointed as a Company Secretary was appointed as a Company Secretary on 02 Aug 2022 & has been associated with this company since 2 years 6 months .

    02 Aug 2022

  • Charges

    A charge registered on 01 Sep 2014 via Charge ID 10528534 with Axis Bank Limited was fully satisfied on 31 Mar 2022.

    31 Mar 2022

Frequently asked questions

  • Shreevari Energy Systems Private Limited was incorporated on 21 Dec 2004.

  • The authorized share capital of Shreevari Energy Systems Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 30.00 Cr.

  • Currently 5 directors are associated with Shreevari Energy Systems Private Limited.

    • Kandasamy Chandramohan
    • Raaja Sundaram
    • Sellappan Jayasimman
    • Arunachalam Kunnimalaisamy
    • Bargavi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shreevari Energy Systems Private Limited is Ntctowersnewno97, Oldno.47Linghichettystreet India, Chennai, Tamil Nadu, 600001.

  • The corporate identification number (CIN) of Shreevari Energy Systems Private Limited is U27101TN2004PTC054979 and the company number is 054979 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shreevari Energy Systems Private Limited is https://www.shreevarienergy.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shreevari Energy Systems Private Limited has risen by 73.43%.

  • As Per 2022 financial reports, 75 employees are currently employed by Shreevari Energy Systems Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shreevari Energy Systems Private Limited has experienced an upsurge of 285.81%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shreevari Energy Systems Private Limited amount to ₹ 59.90 Cr.

  • The most recent Balance Sheet for Shreevari Energy Systems Private Limited was filed with the ROC on 31 Mar 2023.

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