Kundan Switch Gears Private Limited

Manufacturer of modular switches, LED and solar lights, and custom metal/plastic components for electrical industry.

2000 | Udaipur, Rajasthan (India) | Active
Last Updated: October 23, 2024

Kundan Switch Gears Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.62 Cr
  • Satisfied Charges ₹ 5.79 Cr
  • Revenue Growth 11.62%
  • Profit Growth 24.35%
  • Ebitda 44.24%
  • Net Worth 7.71%
  • Total Assets 18.36%

About Kundan Switch Gears

Kundan Switch Gears Private Limited (KSGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 July 2000 and has a history of 24 years and seven months. Its registered office is in Udaipur, Rajasthan, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹9.62 Cr. The company has closed loans amounting to ₹5.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hemant Jain, Vijay Jain, Jambu Jain, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U34300RJ2000PTC016509

  • Company No.

    016509

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jul 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Consumer Electronics & Durables

What products or services does Kundan Switch Gears Private Limited offer?

Kundan Switch Gears Private Limited offers a wide range of products and services, including Electrical Switches, Molding Services, Plastic Molded Parts, Indoor Lights & Lighting Accessories, LED Lights, Tube Light, LED Driver, Sheet Metal & Turned Components, Machine Parts, Lighting Fixtures.

Who are the key members and board of directors at Kundan Switch Gears?

Board Members (4)

NameDesignationAppointment DateStatus
Vijay Jain Country flag representing In Director 12-Apr-2005Current
Hemant Jain Country flag representing In Director 06-Jul-2000Current
Jambu Jain Country flag representing In Director 05-Oct-2006Current
Abhay Jain Country flag representing In Director 05-Oct-2006Current

Financial Performance of Kundan Switch Gears.

Kundan Switch Gears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.62% increase. The company also saw a substantial improvement in profitability, with a 24.35% increase in profit. The company's net worth moved up by a moderate rise of 7.71%.

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
11.62%
Revenue from Operations
12.10%
Total Assets
18.36%
Profit or Loss
24.35%
Net Worth
7.71%
EBITDA
44.24%

What is the Ownership and Shareholding Structure of Kundan Switch Gears?

In 2023, Kundan Switch Gears had a promoter holding of 8.33% and a public holding of 91.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹96.20 M

Satisfied Charges

₹57.90 M

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 9.12 Cr
  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2022Idbi Bank Limited₹4.30 MOpen
29 Nov 2021Others₹5.00 MOpen
24 Jun 2020Idbi Bank Limited₹6.90 MOpen
25 Jan 2017Idbi Bank Limited₹8.00 CrOpen
30 Apr 2014Bank Of Baroda₹5.00 MSatisfied

How Many Employees Work at Kundan Switch Gears?

Unlock and access historical data on people associated with Kundan Switch Gears, 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 Kundan Switch Gears, 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 Kundan Switch Gears'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 Kundan Switch Gears

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Kundan Switch Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Idbi Bank Limited of Rs. 80.00 M registered on 25 Jan 2017 with Charge ID 100083673 was modified on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 4.30 M with Charge ID 100567741 was registered on 15 Mar 2022.

    15 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100514840 was registered on 29 Nov 2021.

    29 Nov 2021

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 6.90 M with Charge ID 100411116 was registered on 24 Jun 2020.

    24 Jun 2020

Frequently asked questions

  • Kundan Switch Gears Private Limited was incorporated on 06 Jul 2000.

  • The authorized share capital of Kundan Switch Gears Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 4 directors are associated with Kundan Switch Gears Private Limited.

    • Hemant Jain
    • Vijay Jain
    • Jambu Kumar Jain
    • Abhay Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kundan Switch Gears Private Limited is S-92/A Mewar Ind. Areamadri, India, Udaipur, Rajasthan, 313003.

  • The corporate identification number (CIN) of Kundan Switch Gears Private Limited is U34300RJ2000PTC016509 and the company number is 016509 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kundan Switch Gears Private Limited is https://www.kundanswitchgears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kundan Switch Gears Private Limited has risen by 11.62%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kundan Switch Gears Private Limited has experienced an upsurge of 7.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kundan Switch Gears Private Limited amount to ₹ 9.62 Cr.

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