Canara Switchgears Private Limited

Electrical panel manufacturer with specialized solutions for various industries.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Canara Switchgears Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 60.25%
  • Profit Growth 381.01%
  • Ebitda 16720.41%
  • Net Worth 13.50%
  • Total Assets 15.77%

About Canara Switchgears

Canara Switchgears Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 September 2008 and has a history of 16 years and four months. Its registered office is in Mumbai, Maharashtra, 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Mohini Shetty, Kariya Shetty, and Shreyas Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    canaraswitchgears.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31401MH2008PTC186928

  • Company No.

    186928

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Canara Switchgears?

Board Members (3)

Name Designation Appointment Date Status
Mohini Shetty Country flag representing In Director 19-Sep-2008 Current
Kariya Shetty Country flag representing In Director 19-Sep-2008 Current
Shreyas Shetty Country flag representing In Director 06-Jul-2022 Current

Financial Performance of Canara Switchgears.

Canara Switchgears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.25% increase. The company also saw a substantial improvement in profitability, with a 381.01% increase in profit. The company's net worth Soared by an impressive increase of 13.5%.

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
60.25%
Revenue from Operations
60.42%
Total Assets
15.77%
Profit or Loss
381.01%
Net Worth
13.50%
EBITDA
16720.41%

What is the Ownership and Shareholding Structure of Canara Switchgears?

In 2023, Canara Switchgears 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Canara Switchgears?

Unlock and access historical data on people associated with Canara Switchgears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Canara Switchgears, 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 Canara Switchgears'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 Canara Switchgears

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Canara Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Shreyas Kariya Shetty was appointed as a Director was appointed as a Director on 06 Jul 2022 & has been associated with this company since 2 years 7 months .

    06 Jul 2022

  • Director Appointment

    Mohini Kariya Shetty was appointed as a Director was appointed as a Director on 19 Sep 2008 & has been associated with this company since 16 years 4 months .

    19 Sep 2008

  • Director Appointment

    Kariya Koraga Shetty was appointed as a Director was appointed as a Director on 19 Sep 2008 & has been associated with this company since 16 years 4 months .

    19 Sep 2008

  • Company Incorporation

    Canara Switchgears Private Limited was registered on 19 Sep 2008 with Roc Mumbai & aged 16 years 4 months as per MCA records.

    19 Sep 2008

Frequently asked questions

  • Canara Switchgears Private Limited was incorporated on 19 Sep 2008.

  • The authorized share capital of Canara Switchgears Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Canara Switchgears Private Limited.

    • Mohini Kariya Shetty
    • Kariya Koraga Shetty
    • Shreyas Kariya Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Canara Switchgears Private Limited is Plot No.26 Cama Indl. Est. Opp. Remi Industries Walbhat Road Goregaon (East), Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Canara Switchgears Private Limited is U31401MH2008PTC186928 and the company number is 186928 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Canara Switchgears Private Limited is https://www.canaraswitchgears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Canara Switchgears Private Limited has risen by 60.25%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Canara Switchgears Private Limited has experienced an upsurge of 13.50%.

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