Asiatic Electrical & Switchgear Private Limited

Manufacturer and distributor of switchgear products for electrical manufacturing industry, with global exports.

2006 | South West Delhi, Delhi (India) | Active
Last Updated:

Asiatic Electrical & Switchgear Profile

Key Indicators

  • Authorised Capital ₹ 15.13 Cr
  • Paid Up Capital ₹ 6.13 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.04 Cr
  • Satisfied Charges ₹ 6.65 Cr
  • Revenue Growth 65.06%
  • Profit Growth 112.33%
  • Ebitda 92.83%
  • Net Worth 18.32%
  • Total Assets 30.12%

About Asiatic Electrical & Switchgear

Asiatic Electrical & Switchgear Private Limited (AESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 August 2006 and has a history of 18 years and seven months. Its registered office is in South West Delhi, Delhi, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 15.13 Cr and a paid-up capital of Rs 6.13 Cr.

The company currently has active open charges totaling ₹55.04 Cr. The company has closed loans amounting to ₹6.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Asiatic Electrical & Switchgear Private Limited India is Kusum Lata as COMPANY SECRETARY. Hewa Chaminda, Vishal Sikka, Dammika Nanayakkara, and Two other members serve as directors at the Company.

Company Details

  • Location

    South West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31108HR2006PTC125243

  • Company No.

    152517

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2006

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

What products or services does Asiatic Electrical & Switchgear Private Limited offer?

Asiatic Electrical & Switchgear Private Limited offers a wide range of products and services, including Chisels & Professional Hand Tools, Tool Handles, Distribution Box, Feeder Pillars, Pliers, Screwdrivers & Hammers, Wrenches & Sockets, Door Lock, Electronic Lock & Latches, Door Lock, Industrial Lock.

Company report

Asiatic Electrical & Switchgear Private Limited

Explore comprehensive data for Asiatic Electrical & Switchgear Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Asiatic Electrical & Switchgear?

Executive Team (2)

NameDesignationAppointment DateStatus
Hewa Chaminda Country flag representing Lk Managing Director13-Jul-2018Current
Kusum Lata Country flag representing In Company Secretary06-Jan-2016Current

Board Members (4)

NameDesignationAppointment DateStatus
Vishal Sikka Country flag representing In Whole-Time Director 08-Aug-2007Current
Dammika Nanayakkara Country flag representing Lk Director 05-Sep-2016Current
Mohamed Marikkar Country flag representing Lk Director 01-Dec-2017Current
Rukshika Pathberiya Country flag representing Lk Director 17-Mar-2021Current

Financial Performance of Asiatic Electrical & Switchgear.

Asiatic Electrical & Switchgear Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.06% increase. The company also saw a substantial improvement in profitability, with a 112.33% increase in profit. The company's net worth Soared by an impressive increase of 18.32%.

Asiatic Electrical & Switchgear revenue growth over time
Asiatic Electrical & Switchgear 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
65.06%
Revenue from Operations
66.94%
Total Assets
30.12%
Profit or Loss
112.33%
Net Worth
18.32%
EBITDA
92.83%

What is the Ownership and Shareholding Structure of Asiatic Electrical & Switchgear?

In 2023, Asiatic Electrical & Switchgear had a promoter holding of 99.31% and a public holding of 0.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.04 Cr

Satisfied Charges

₹6.65 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 35.00 Cr
  • Others : 19.83 Cr
  • Hdfc Bank Limited : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2024Others₹1.80 MOpen
30 Dec 2023Hdfc Bank Limited₹1.50 MOpen
30 Dec 2023Hdfc Bank Limited₹0.64 MOpen
25 Oct 2023Others₹19.00 CrOpen
29 Apr 2023Others₹6.50 MOpen

How Many Employees Work at Asiatic Electrical & Switchgear?

Asiatic Electrical & Switchgear has a workforce of 194 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.

Employee growth trends for Asiatic Electrical & Switchgear Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asiatic Electrical & 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 Asiatic Electrical & 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 Asiatic Electrical & Switchgear

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100929886 was registered on 20 May 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 35.00 Cr registered on 19 Dec 2016 with Charge ID 100071946 was modified on 16 Feb 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100837745 was registered on 30 Dec 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100840276 was registered on 30 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 19.00 Cr with Charge ID 100799199 was registered on 25 Oct 2023.

  • Annual General Meeting

    Asiatic Electrical & Switchgear Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Asiatic Electrical & Switchgear Private Limited?

    Asiatic Electrical & Switchgear Private Limited was incorporated on 26 Aug 2006.

  • What is authorized share capital and paid-up capital of Asiatic Electrical & Switchgear Private Limited?

    The authorized share capital of Asiatic Electrical & Switchgear Private Limited is ₹ 15.13 Cr and paid-up capital is ₹ 6.13 Cr.

  • Who are the current board members & directors of Asiatic Electrical & Switchgear Private Limited?

    Currently 6 directors are associated with Asiatic Electrical & Switchgear Private Limited.

    • Kusum Lata
    • Hewa Dewundarage Chaminda
    • Vishal Sikka
    • Dammika Ajith Jayatilake Nanayakkara
    • Mohamed Jalaldeen Mohamed Nuhuman Marikkar
    • Rukshika Pathberiya

  • What is the registered address of Asiatic Electrical & Switchgear Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asiatic Electrical & Switchgear Private Limited is E-21 Upper Ground Floor, Naraina Vihar India, New Delhi, 110028.

  • What is the corporate identification number (CIN) and company number of Asiatic Electrical & Switchgear Private Limited?

    The corporate identification number (CIN) of Asiatic Electrical & Switchgear Private Limited is U31108HR2006PTC125243 and the company number is 152517 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Asiatic Electrical & Switchgear Private Limited?

    The Official website of Asiatic Electrical & Switchgear Private Limited is https://www.asiatic-india.com

  • What has been the recent revenue trend for Asiatic Electrical & Switchgear Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Asiatic Electrical & Switchgear Private Limited has risen by 65.06%.

  • How many employees does Asiatic Electrical & Switchgear Private Limited currently have?

    As Per 2023 financial reports, 194 employees are currently employed by Asiatic Electrical & Switchgear Private Limited.

  • What change has been observed in the net worth of Asiatic Electrical & Switchgear Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Asiatic Electrical & Switchgear Private Limited has experienced an upsurge of 18.32%.

  • What are the total open charges for Asiatic Electrical & Switchgear Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Asiatic Electrical & Switchgear Private Limited amount to ₹ 55.04 Cr.

  • When was the last Balance Sheet of Asiatic Electrical & Switchgear Private Limited filed with the ROC?

    The most recent Balance Sheet for Asiatic Electrical & Switchgear Private Limited was filed with the ROC on 31 Mar 2023.

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