Azure Switchgear Private Limited

Manufactures industrial and domestic electrical and electronic wires and cables, including power cables and switch gears.

2008 | Delhi, Delhi (India) | Active
Last Updated: July 16, 2024

Azure Switchgear Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.72 Cr
  • Satisfied Charges ₹ 9.29 Cr
  • Revenue Growth 4.14%
  • Profit Growth 13.74%
  • Ebitda 12.79%
  • Net Worth 10.68%
  • Total Assets 2.53%

About Azure Switchgear

Azure Switchgear Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 2008 and has a history of 16 years and six months. Its registered office is in Delhi, Delhi, India.

The Company is engaged in the Manufacturing 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 4.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹49.72 Cr. The company has closed loans amounting to ₹9.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pooja Tayal, Vandana Tayal, Lakshay Gupta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ocicables.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100DL2008PTC181665

  • Company No.

    181665

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2008

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

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

Board Members (5)

NameDesignationAppointment DateStatus
Pooja Tayal Country flag representing In Director 07-May-2019Current
Vandana Tayal Country flag representing In Director 23-Apr-2019Current
Lakshay Gupta Country flag representing In Director 23-Apr-2019Current
Nirmal Kumar Country flag representing In Director 12-Oct-2019Current
Vishal Tayal Country flag representing In Director 15-Jun-2011Current

Financial Performance of Azure Switchgear.

Azure Switchgear Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.14% increase. The company also saw a substantial improvement in profitability, with a 13.74% increase in profit. The company's net worth Soared by an impressive increase of 10.68%.

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
4.14%
Revenue from Operations
4.62%
Total Assets
2.53%
Profit or Loss
13.74%
Net Worth
10.68%
EBITDA
12.79%

What is the Ownership and Shareholding Structure of Azure Switchgear?

In 2022, Azure 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

₹49.72 Cr

Satisfied Charges

₹9.29 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 22.00 Cr
  • Others : 19.32 Cr
  • Yes Bank Limited : 8.40 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2023Standard Chartered Bank₹22.00 CrOpen
28 Feb 2023Others₹3.82 CrOpen
09 Feb 2023Others₹3.50 CrOpen
13 Apr 2022Yes Bank Limited₹6.10 CrOpen
02 May 2017Others₹12.00 CrOpen

How Many Employees Work at Azure Switchgear?

Azure Switchgear has a workforce of 46 employees as of Apr 04, 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 Azure 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 Azure 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 Azure Switchgear

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 22.00 Cr registered on 26 Sep 2023 with Charge ID 100814114 was modified on 01 Mar 2024.

    01 Mar 2024

  • Annual General Meeting

    Azure Switchgear Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 22.00 Cr with Charge ID 100814114 was registered on 26 Sep 2023.

    26 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.82 Cr with Charge ID 100694648 was registered on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100677417 was registered on 09 Feb 2023.

    09 Feb 2023

Frequently asked questions

  • Azure Switchgear Private Limited was incorporated on 04 Aug 2008.

  • The authorized share capital of Azure Switchgear Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 5 directors are associated with Azure Switchgear Private Limited.

    • Pooja Tayal
    • Vandana Tayal
    • Lakshay Gupta
    • Nirmal Kumar
    • Vishal Tayal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Azure Switchgear Private Limited is Shop No 202 2Nd Floor Vardhmaan Fortune Mall G T Karnal Road Industrial Area, Delhi, India, 110033.

  • The corporate identification number (CIN) of Azure Switchgear Private Limited is U27100DL2008PTC181665 and the company number is 181665 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Azure Switchgear Private Limited is https://www.ocicables.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Azure Switchgear Private Limited has risen by 4.14%.

  • As Per 2023 financial reports, 46 employees are currently employed by Azure Switchgear Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Azure Switchgear Private Limited has experienced an upsurge of 10.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Azure Switchgear Private Limited amount to ₹ 49.72 Cr.

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

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