Asiatic Electrical & Switchgear Profile
Key Indicators
- Authorised Capital ₹ 15.13 Cr
- Paid Up Capital ₹ 6.13 Cr
- Company Age 18 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 54.86 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 five months. Its registered office is in New 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 ₹54.86 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. Vishal Sikka, Dammika Nanayakkara, Mohamed Marikkar, and Two other members serve as directors at the Company.
Company Details
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Location
New Delhi, 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
U31108DL2006PTC152517
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Company No.
152517
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Aug 2006
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Date of AGM
27 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
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.
Who are the key members and board of directors at Asiatic Electrical & Switchgear?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hewa Chaminda
|
Managing Director | 13-Jul-2018 | Current |
Kusum Lata
|
Company Secretary | 06-Jan-2016 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vishal Sikka
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Whole-Time Director | 08-Aug-2007 | Current |
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Dammika Nanayakkara
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Director | 05-Sep-2016 | Current |
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Mohamed Marikkar
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Director | 01-Dec-2017 | Current |
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Rukshika Pathberiya
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Director | 17-Mar-2021 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Asiatic Solar Jeendoli Private LimitedVishal Sikka and Hewa Chaminda are mutual person
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Asiatic Solar Gunta Shahpur Private Limited
Vishal Sikka and Hewa Chaminda are mutual person
Charges (Loans)
₹54.86 Cr
₹6.65 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 35.00 Cr
- Others : 19.65 Cr
- Hdfc Bank Limited : 0.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2023 | Hdfc Bank Limited | ₹1.50 M | Open |
| 30 Dec 2023 | Hdfc Bank Limited | ₹0.64 M | Open |
| 25 Oct 2023 | Others | ₹19.00 Cr | Open |
| 29 Apr 2023 | Others | ₹6.50 M | Open |
| 19 Dec 2016 | Standard Chartered Bank | ₹35.00 Cr | Open |
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.
Deals i
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
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.
