Madras Switch Gears Private Limited

Provides transformer and electricity distribution services.

1996 | Sriperumbudur, Tamil Nadu (India) | Active
Last Updated: July 06, 2024

Madras Switch Gears Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.62 Cr
  • Revenue Growth 9.29%
  • Profit Growth 3.11%
  • Ebitda 19.27%
  • Net Worth 10.61%
  • Total Assets 7.39%

About Madras Switch Gears

Madras Switch Gears Private Limited (MSGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 July 1996 and has a history of 28 years and six months. Its registered office is in Sriperumbudur, Tamil Nadu, India.

The Company is engaged in the Infrastructure And Utilities 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹17.62 Cr.

Sivaranjani Shanmugasundaram and Ramachandran Murali serve as directors at the Company.

Company Details

  • Location

    Sriperumbudur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29142TN1996PTC036173

  • Company No.

    036173

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Infrastructure and Utilities

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ramachandran Murali Country flag representing In Managing Director15-Mar-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Sivaranjani Shanmugasundaram Country flag representing In Director 12-Feb-2008Current

Financial Performance of Madras Switch Gears.

Madras Switch Gears Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.29% increase. The company also saw a slight improvement in profitability, with a 3.11% increase in profit. The company's net worth Soared by an impressive increase of 10.61%.

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
9.29%
Revenue from Operations
9.30%
Total Assets
7.39%
Profit or Loss
3.11%
Net Worth
10.61%
EBITDA
19.27%

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

In 2023, Madras Switch Gears 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

₹17.62 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 15.64 Cr
  • Others : 1.98 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2023Others₹1.98 CrOpen
25 Aug 2021Indian Overseas Bank₹3.70 MOpen
26 Feb 2005Indian Overseas Bank₹15.27 CrOpen

How Many Employees Work at Madras Switch Gears?

Madras Switch Gears has a workforce of 14 employees as of Mar 27, 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 Madras 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 Madras 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 Madras Switch Gears

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.98 Cr with Charge ID 100753841 was registered on 27 Jul 2023.

    27 Jul 2023

  • Balance Sheet

    Madras Switch Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 15.27 Cr registered on 26 Feb 2005 with Charge ID 80053288 was modified on 25 Jan 2022.

    25 Jan 2022

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.37 Cr with Charge ID 100479292 was registered on 25 Aug 2021.

    25 Aug 2021

  • Director Appointment

    Sivaranjani Shanmugasundaram was appointed as a Director was appointed as a Director on 12 Feb 2008 & has been associated with this company since 17 years 8 days .

    12 Feb 2008

Frequently asked questions

  • Madras Switch Gears Private Limited was incorporated on 25 Jul 1996.

  • The authorized share capital of Madras Switch Gears Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 2 directors are associated with Madras Switch Gears Private Limited.

    • Sivaranjani Shanmugasundaram
    • Ramachandran Murali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madras Switch Gears Private Limited is Ts 11 Micro Industrial Estate, Sidco Tirumudivakkam, Sriperumbudur, Tamil Nadu, India, 600044.

  • The corporate identification number (CIN) of Madras Switch Gears Private Limited is U29142TN1996PTC036173 and the company number is 036173 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madras Switch Gears Private Limited has risen by 9.29%.

  • As Per 2023 financial reports, 14 employees are currently employed by Madras Switch Gears Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madras Switch Gears Private Limited has experienced an upsurge of 10.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Madras Switch Gears Private Limited amount to ₹ 17.62 Cr.

  • The most recent Balance Sheet for Madras Switch Gears Private Limited was filed with the ROC on 31 Mar 2023.

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