Favourite Switchgear Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 27-12-2024
- Paid Up Capital ₹ 0.10 M
as on 27-12-2024
- Company Age 11 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.40 Cr
as on 27-12-2024
- Revenue -19.59%
(FY 2021)
- Profit -158.52%
(FY 2021)
- Ebitda -39.74%
(FY 2021)
- Net Worth -17.72%
(FY 2021)
- Total Assets 39.73%
(FY 2021)
About Favourite Switchgear
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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹4.40 Cr.
Girishbhai Panchal, Kamlesh Panchal, and Mukundbhai Panchal serve as directors at the Company.
- CIN/LLPIN
U31200GJ2013PTC076213
- Company No.
076213
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jul 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Favourite Switchgear?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamlesh Panchal  | Managing Director | 26-Jul-2013 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Girishbhai Panchal | Director | 26-Jul-2013 | Current |
| Mukundbhai Panchal | Director | 26-Jul-2013 | Current |
Financial Performance of Favourite Switchgear.
Favourite Switchgear Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.59% decrease. The company also saw a substantial fall in profitability, with a 158.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Favourite Switchgear?
In 2021, Favourite 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.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 08 Oct 2018 | ₹4.40 Cr | Open |
How Many Employees Work at Favourite Switchgear?
Unlock and access historical data on people associated with Favourite Switchgear, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Favourite 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 Favourite 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.
