Asian Switchgear Private Limited

Manufacturer and seller of electric control and distribution panels, offering a variety of panels and services.

2006 | Kanpur, Uttar Pradesh (India) | Active
Last Updated: July 29, 2024

Asian Switchgear Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.23 Cr
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.13 Cr
  • Revenue Growth 36.73%
  • Profit Growth 13914.01%
  • Ebitda 58.98%
  • Net Worth 5.35%
  • Total Assets 15.54%

About Asian Switchgear

Asian Switchgear Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 March 2006 and has a history of 18 years and 11 months. Its registered office is in Kanpur, Uttar Pradesh, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.50 Cr and a paid-up capital of Rs 2.23 Cr.

The company currently has active open charges totaling ₹13.13 Cr.

Abhishek Gupta and Awadesh Gupta serve as directors at the Company.

Company Details

  • Location

    Kanpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    asianswitchgear.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31200UP2006PTC031475

  • Company No.

    031475

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Asian Switchgear?

Board Members (2)

NameDesignationAppointment DateStatus
Abhishek Gupta Country flag representing In Director 02-Mar-2006Current
Awadesh Gupta Country flag representing In Director 02-Mar-2006Current

Financial Performance of Asian Switchgear.

Asian Switchgear Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.73% increase. The company also saw a substantial improvement in profitability, with a 13914.01% increase in profit. The company's net worth moved up by a moderate rise of 5.35%.

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
36.73%
Revenue from Operations
36.32%
Total Assets
15.54%
Profit or Loss
13914.01%
Net Worth
5.35%
EBITDA
58.98%

What is the Ownership and Shareholding Structure of Asian Switchgear?

In 2023, Asian Switchgear 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

₹13.13 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 13.13 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2023Others₹0.64 MOpen
18 Apr 2022Others₹1.50 CrOpen
10 Feb 2022Others₹7.50 MOpen
10 Jun 2020Others₹2.68 MOpen
01 Jan 2019Others₹4.50 MOpen

How Many Employees Work at Asian Switchgear?

Asian Switchgear has a workforce of 29 employees as of Apr 10, 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 Asian 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 Asian Switchgear'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 Asian Switchgear

Recent activity within the organization

  • Annual General Meeting

    Asian Switchgear Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100742162 was registered on 14 Jun 2023.

    14 Jun 2023

  • Balance Sheet

    Asian Switchgear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 11 Dec 2007 with Charge ID 10361393 was modified on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100570532 was registered on 18 Apr 2022.

    18 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100542004 was registered on 10 Feb 2022.

    10 Feb 2022

Frequently asked questions

  • Asian Switchgear Private Limited was incorporated on 02 Mar 2006.

  • The authorized share capital of Asian Switchgear Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.23 Cr.

  • Currently 2 directors are associated with Asian Switchgear Private Limited.

    • Abhishek Gupta
    • Awadesh Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asian Switchgear Private Limited is B-17 Upsidc Industrial AreaGeneral Zone Rooma, Kanpur, Uttar Pradesh, India, 209296.

  • The corporate identification number (CIN) of Asian Switchgear Private Limited is U31200UP2006PTC031475 and the company number is 031475 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asian Switchgear Private Limited is https://www.asianswitchgear.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asian Switchgear Private Limited has risen by 36.73%.

  • As Per 2023 financial reports, 29 employees are currently employed by Asian Switchgear Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asian Switchgear Private Limited has experienced an upsurge of 5.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asian Switchgear Private Limited amount to ₹ 13.13 Cr.

  • The most recent Balance Sheet for Asian Switchgear Private Limited was filed with the ROC on 31 Mar 2023.