Ambit Switchgear Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.30 Cr
- Company Age 19 Year, 10 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 ten 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
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31200DL2005PTC137621
- Company No.
137621
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jun 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Energy and Power
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.
Ambit Switchgear Private Limited
Explore comprehensive data for Ambit Switchgear Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ambit Switchgear?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Jain  | Director | 15-Jun-2005 | Current |
| Anand Singhal | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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)
Powertronix Electricals Private LimitedRakesh Jain is a mutual person
Ambit Switchgear India Private LimitedRakesh Jain and Anand Singhal are mutual person
Gencon Technologico LlpAnand Singhal is a mutual person
Charges (Loans)
Open Charges
₹20.56 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Ambit Switchgear
Recent activity within the organization
- Annual General Meeting
Ambit Switchgear Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Ambit Switchgear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Hdfc Bank Limited of Rs. 20.25 Cr registered on 18 Feb 2021 with Charge ID 100422394 was modified on 18 Oct 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100660738 was registered on 15 Dec 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100675015 was registered on 06 Oct 2022.
- Charges
A charge registered on 16 Feb 2006 via Charge ID 80037341 with Bank Of Maharashtra was fully satisfied on 18 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Ambit Switchgear Private Limited?
Ambit Switchgear Private Limited was incorporated on 15 Jun 2005.
What is authorized share capital and paid-up capital of Ambit Switchgear Private Limited?
The authorized share capital of Ambit Switchgear Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.30 Cr.
Who are the current board members & directors of Ambit Switchgear Private Limited?
Currently 2 directors are associated with Ambit Switchgear Private Limited.
- Rakesh Jain
- Anand Prakash Singhal
What is the registered address of Ambit Switchgear Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ambit Switchgear Private Limited is J - 1 Ground Floor Lajpat Nagar Iii, India, New Delhi, 110024.
What is the corporate identification number (CIN) and company number of Ambit Switchgear Private Limited?
The corporate identification number (CIN) of Ambit Switchgear Private Limited is U31200DL2005PTC137621 and the company number is 137621 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ambit Switchgear Private Limited?
The Official website of Ambit Switchgear Private Limited is https://www.ambit.in
What has been the recent revenue trend for Ambit Switchgear Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ambit Switchgear Private Limited has fallen by -23.42%.
How many employees does Ambit Switchgear Private Limited currently have?
As Per 2023 financial reports, 124 employees are currently employed by Ambit Switchgear Private Limited.
What change has been observed in the net worth of Ambit Switchgear Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ambit Switchgear Private Limited has experienced an downturn of -10.44%.
What are the total open charges for Ambit Switchgear Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ambit Switchgear Private Limited amount to ₹ 20.56 Cr.
When was the last Balance Sheet of Ambit Switchgear Private Limited filed with the ROC?
The most recent Balance Sheet for Ambit Switchgear Private Limited was filed with the ROC on 31 Mar 2024.
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