Elins Switch Boards Private Limited

Manufactures switch boards and control panels for various industries and clients.

2000 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Elins Switch Boards Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 25.00 Cr
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 62.50 Cr
  • Satisfied Charges ₹ 102.00 Cr
  • Revenue Growth 53.56%
  • Profit Growth 14.70%
  • Ebitda -3.06%
  • Net Worth 5.10%
  • Total Assets 16.48%

About Elins Switch Boards

Elins Switch Boards Private Limited (ESBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 2000 and has a history of 24 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 25.00 Cr.

The company currently has active open charges totaling ₹62.50 Cr. The company has closed loans amounting to ₹102.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Elins Switch Boards Private Limited India is Srinivasan Nagarajan as COMPANY SECRETARY. Seetharamu Iyengar, Narasimhan Seetharam, Sudha Seetharam, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    elinsswitchboards.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U81909KA2000PTC027159

  • Company No.

    027159

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Elins Switch Boards Private Limited offer?

Elins Switch Boards Private Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Energy Meter.

Who are the key members and board of directors at Elins Switch Boards?

Executive Team (2)

Name Designation Appointment Date Status
Seetharamu Iyengar Country flag representing In Managing Director 29-May-2000 Current
Srinivasan Nagarajan Company Secretary Current

Board Members (5)

Name Designation Appointment Date Status
Narasimhan Seetharam Country flag representing In Director 19-Oct-2010 Current
Krishnan Seetharam Country flag representing In Director 01-Jun-2010 Current
Sudha Seetharam Country flag representing In Director 20-Dec-2012 Current
Binoy Wilson Country flag representing In Director 08-Apr-2019 Current
Madhusudhan Srinivasaprasanna Country flag representing In Director 29-May-2000 Current

Financial Performance of Elins Switch Boards.

Elins Switch Boards Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.56% increase. The company also saw a substantial improvement in profitability, with a 14.7% increase in profit. The company's net worth moved up by a moderate rise of 5.1%.

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
53.56%
Revenue from Operations
53.52%
Total Assets
16.48%
Profit or Loss
14.70%
Net Worth
5.10%
EBITDA
-3.06%

What is the Ownership and Shareholding Structure of Elins Switch Boards?

In 2023, Elins Switch Boards had a promoter holding of 98.80% and a public holding of 1.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹62.50 Cr

Satisfied Charges

₹102.00 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 62.50 Cr

Latest Charge Details

Date Lender Amount Status
21 Apr 2020 Canara Bank ₹62.50 Cr Open
14 Dec 2010 Syndicate Bank ₹80.00 Cr Satisfied
03 Apr 2004 Syndicate Bank ₹22.00 Cr Satisfied

How Many Employees Work at Elins Switch Boards?

Elins Switch Boards has a workforce of 94 employees as of Apr 07, 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 Elins Switch Boards, 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 Elins Switch Boards'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 Elins Switch Boards

Recent activity within the organization

  • Annual General Meeting

    Elins Switch Boards Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Elins Switch Boards Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 62.50 Cr registered on 21 Apr 2020 with Charge ID 100333864 was modified on 23 Jun 2023.

    23 Jun 2023

  • Charges

    A charge registered on 03 Apr 2004 via Charge ID 80002072 with Syndicate Bank was fully satisfied on 24 Aug 2020.

    24 Aug 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 62.50 Cr with Charge ID 100333864 was registered on 21 Apr 2020.

    21 Apr 2020

  • Charges

    A charge registered on 14 Dec 2010 via Charge ID 10265889 with Syndicate Bank was fully satisfied on 19 Nov 2019.

    19 Nov 2019

Frequently asked questions

  • Elins Switch Boards Private Limited was incorporated on 29 May 2000.

  • The authorized share capital of Elins Switch Boards Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 25.00 Cr.

  • Currently 7 directors are associated with Elins Switch Boards Private Limited.

    • Seetharamu Shanka Krishna Iyengar
    • Narasimhan Seetharam
    • Sudha Seetharam
    • Binoy Wilson
    • Srinivasan Nagarajan
    • Krishnan Seetharam
    • Madhusudhan Bangalore Srinivasaprasanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elins Switch Boards Private Limited is 65A/1 3Rd Cross, Bommasandra Industrial Area Anekal Taluk India, Bangalore, Karnataka, 560099.

  • The corporate identification number (CIN) of Elins Switch Boards Private Limited is U81909KA2000PTC027159 and the company number is 027159 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elins Switch Boards Private Limited is https://www.elinsswitchboards.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elins Switch Boards Private Limited has risen by 53.56%.

  • As Per 2023 financial reports, 94 employees are currently employed by Elins Switch Boards Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elins Switch Boards Private Limited has experienced an upsurge of 5.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Elins Switch Boards Private Limited amount to ₹ 62.50 Cr.

  • The most recent Balance Sheet for Elins Switch Boards Private Limited was filed with the ROC on 31 Mar 2024.

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