Company Intelligence Profile
SWNAC E-Kiraya Services Private Limited
SWNAC E-Kiraya Services Pvt Ltd is the legal entity operating SharePal (sharepal.in), an online rental platform for lifestyle and general-use products (furniture, appliances, electronics, cameras, travel/outdoor gear, party/event equipment, baby products, etc.), renting for periods from a few days to a year.
CIN: U93090CT2018PTC008695ActiveRoC-Chhattisgarh
Last updated 17 August 2026
AI OverviewGenerated from public records
SWNAC E-Kiraya Services Pvt Ltd operates SharePal, an online rental platform for various lifestyle and general-use products. Founded in 2018 and headquartered in Bengaluru, the company reported a total revenue of ₹7.99 crore for FY2024, reflecting a 159% growth year-over-year. Despite decreased EBITDA and net profit, the company's net worth increased by approximately 18.7%.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | SWNAC E-Kiraya Services Private Limited |
|---|---|
| CIN | U93090CT2018PTC008695 |
| PAN | ABACS6711L |
| Status | Active |
| Listing | Unlisted (Private Limited Company) |
| Incorporated | 10 August 2018 |
| ROC | RoC-Chhattisgarh |
| Sector (NIC) | NIC 93090 — "Other service activities n.e.c."; commercially operates as an online rental platform (e-commerce/rental) under the brand SharePal |
| Registered address |
|
| Authorized capital |
|
| Paid-up capital | ₹10,00,000 (₹10 lakh) |
Business Overview
- SWNAC E-Kiraya Services Pvt Ltd is the legal entity operating SharePal (sharepal.in), an online rental platform for lifestyle and general-use products (furniture, appliances, electronics, cameras, travel/outdoor gear, party/event equipment, baby products, etc.), renting for periods from a few days to a year
- Founded August 2018 by Gurucharan Singh Chhabra and Rushi Narang; headquartered in Bengaluru with stated presence across ~6 cities (Mumbai, Bengaluru, Delhi-NCR/Gurgaon/Noida, Chennai)
- Recognized as a DPIIT Startup
- Reported as bootstrapped/profitable in its early years, crossing revenue milestones by FY2021-22, and received incubation support from NSRCEL (IIM Bangalore's incubator) — this appears to be the "1st and only funding round" referenced on Tracxn, i.e., incubator/accelerator support rather than a priced VC round
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Rushi Narang | 08197623 | - | 10 Aug 2018 |
| Akash Deep Chhabra | 09074484 | - | 20 Feb 2021 |
Financials
- FY2024 (year ended 31 March 2024), standalone (entity-level, as filed with RoC) — not consolidated: Total Revenue ≈ ₹7.99 crore, up ~159% YoY. EBITDA: down ~50.7% YoY. Net Profit: down ~46.6% YoY. Net worth: up ~18.7% YoY. Borrowings: up ~120.1% YoY
- Debt-to-Equity ≈ 4.19
- Total assets: up ~82.25% YoY. Auditor: V Jaiswal & Co.. Exact absolute rupee figures for EBITDA/PAT/net worth/borrowings sit behind paywalls on both Tofler and TheCompanyCheck and could not be extracted — flagged as a data gap
Funding
- Reported by Tracxn as "a funded company having raised in its 1st and only funding round" but the specific amount, date, and investor names are redacted/paywalled and could not be confirmed
- Separately, multiple sources describe the company as bootstrapped and profitable in its early years (crossing a revenue milestone by FY2021-22) with incubation support from NSRCEL (IIM Bangalore's incubator/accelerator) — this may be what Tracxn is counting as its "funding round" rather than a priced equity round
- No named VC/institutional investor could be confirmed
- Status: partial/unconfirmed
Charges / Loans
- Open charges confirmed by 2 independent sources: Lender — Indian Bank
- 4 registered charges totaling ≈ ₹5.07–5.1 crore, dated October 2021, March 2023, March 2024, and June 2024
- Satisfied charges: ₹0
- No other lenders/charge-holders found
Legal / Litigation
Indian Kanoon search for "SWNAC E-Kiraya" returned no matching results — no reported court cases/judgments found.
Competitors
- Online rental-platform peers: 1) RentoMojo — furniture/appliance/vehicle rental, Bengaluru, well-funded, much larger scale
- 2) Furlenco — furniture rental, Bengaluru, VC-funded, larger scale
- 3) CityFurnish — furniture/appliance rental, Gurugram, mid-scale
- 4) Rentickle — furniture/home-appliance rental (~$3M funding), smaller scale, comparable/slightly larger
- 5) RentSher — P2P/electronics rental marketplace (~$1.8M funding, reportedly deadpooled), smaller scale
- 6) i-rent-out — multi-category rental platform, unfunded, smaller scale
- SharePal/Swnac ranked 4th among a13-company competitor cohort by Tracxn's internal score — positioned as a smaller, profitable/bootstrapped niche player relative to VC-backed leaders RentoMojo and Furlenco
Frequently Asked Questions
What does SWNAC E-Kiraya Services Private Limited do?
SWNAC E-Kiraya Services Pvt Ltd is the legal entity operating SharePal (sharepal.in), an online rental platform for lifestyle and general-use products (furniture, appliances, electronics, cameras, travel/outdoor gear, party/event equipment, baby products, etc.), renting for periods from a few days to a year.
What is the CIN of SWNAC E-Kiraya Services Private Limited?
The Corporate Identification Number (CIN) of SWNAC E-Kiraya Services Private Limited is U93090CT2018PTC008695.
Where is SWNAC E-Kiraya Services Private Limited registered?
SWNAC E-Kiraya Services Private Limited is registered with RoC-Chhattisgarh (confirmed, all sources). Registered address: 1003/14 Sadar Road, Ambikapur, Surguja, Chhattisgarh 497001, India (confirmed, all sources).
When was SWNAC E-Kiraya Services Private Limited incorporated?
SWNAC E-Kiraya Services Private Limited was incorporated on 10 August 2018 (Source: Tofler, TheCompanyCheck, InstaFinancials — confirmed).
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