Ambit Switchgear Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.30 Cr
- Company Age 19 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.56 Cr
- Satisfied Charges ₹ 66.18 Cr
- Revenue Growth -23.42%
- Profit Growth -173.69%
- Ebitda -64.89%
- Net Worth -10.44%
- Total Assets -57.45%
About Ambit Switchgear
Ambit Switchgear Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 June 2005 and has a history of 19 years and seven months. Its registered office is in Delhi, India.
The Corporate was formerly known as Ambit Switchgears Private Limited. The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.30 Cr.
The company currently has active open charges totaling ₹20.56 Cr. The company has closed loans amounting to ₹66.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rakesh Jain and Anand Singhal serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31200DL2005PTC137621
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Company No.
137621
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Jun 2005
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Ambit Switchgear Private Limited offer?
Ambit Switchgear Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Busbar Systems, Transformers & Transformer Parts, Distribution Transformer, Electric Control Panel.
Who are the key members and board of directors at Ambit Switchgear?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Jain
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Director | 15-Jun-2005 | Current |
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Anand Singhal
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Director | 15-Jun-2005 | Current |
Financial Performance of Ambit Switchgear.
Ambit Switchgear Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.42% decrease. The company also saw a substantial fall in profitability, with a 173.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.44%.
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What is the Ownership and Shareholding Structure of Ambit Switchgear?
In 2023, Ambit Switchgear had a promoter holding of 72.38% and a public holding of 27.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Powertronix Electricals Private LimitedRakesh Jain is a mutual person
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Ambit Switchgear India Private LimitedRakesh Jain and Anand Singhal are mutual person
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Gencon Technologico LlpAnand Singhal is a mutual person
Charges (Loans)
₹20.56 Cr
₹66.18 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 20.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2022 | Hdfc Bank Limited | ₹1.09 M | Open |
| 06 Oct 2022 | Hdfc Bank Limited | ₹0.92 M | Open |
| 29 Jul 2022 | Hdfc Bank Limited | ₹1.14 M | Open |
| 18 Feb 2021 | Hdfc Bank Limited | ₹20.25 Cr | Open |
| 12 Aug 2021 | Hdfc Bank Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Ambit Switchgear?
Ambit Switchgear has a workforce of 124 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ambit Switchgear, 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 Ambit Switchgear's trajectory.
Rating
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
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.