Megawin Switchgear Private Limited

Manufactures medium voltage switchgear for power transmission and distribution with multiple product offerings.

2005 | Salem-636 004., Tamil Nadu (India) | Active
Last Updated: June 28, 2024

Megawin Switchgear Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.02 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 112.24 Cr
  • Satisfied Charges ₹ 117.50 Cr
  • Revenue Growth 3.84%
  • Profit Growth 5.37%
  • Ebitda -7.71%
  • Net Worth 5.50%
  • Total Assets 2.39%

About Megawin Switchgear

Megawin Switchgear Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 October 2005 and has a history of 19 years and four months. Its registered office is in Salem-636 004., Tamil Nadu, 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 6.00 Cr and a paid-up capital of Rs 5.02 Cr.

The company currently has active open charges totaling ₹112.24 Cr. The company has closed loans amounting to ₹117.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramadoss Jayanthiganesan and Subramaniam Ganesan serve as directors at the Company.

Company Details

  • Location

    Salem-636 004., Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    megawinswitchgear.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31200TZ2005PTC012211

  • Company No.

    012211

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Energy and Power

What products or services does Megawin Switchgear Private Limited offer?

Megawin Switchgear Private Limited offers a wide range of products and services, including Relays and Contactors, Power Contactors, Fuses, Circuit Breakers & Components, Circuit Breakers, Current Relay, Relays, Computer Hardware & Peripherals, USB Gadgets, Switches & Switch Boxes, Industrial Switches.

Who are the key members and board of directors at Megawin Switchgear?

Executive Team (1)

NameDesignationAppointment DateStatus
Subramaniam Ganesan Country flag representing In Managing Director12-Oct-2005Current

Board Members (1)

NameDesignationAppointment DateStatus
Ramadoss Jayanthiganesan Country flag representing In Whole-Time Director 12-Oct-2005Current

Financial Performance of Megawin Switchgear.

Megawin Switchgear Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.84% increase. The company also saw a slight improvement in profitability, with a 5.37% increase in profit. The company's net worth moved up by a moderate rise of 5.5%.

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
3.84%
Revenue from Operations
4.23%
Total Assets
2.39%
Profit or Loss
5.37%
Net Worth
5.50%
EBITDA
-7.71%

What is the Ownership and Shareholding Structure of Megawin Switchgear?

In 2022, Megawin 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹112.24 Cr

Satisfied Charges

₹117.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 61.95 Cr
  • Canara Bank : 50.00 Cr
  • The South Indian Bank Limited : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2022Hdfc Bank Limited₹60.98 CrOpen
05 Nov 2022Canara Bank₹50.00 CrOpen
25 Mar 2022Hdfc Bank Limited₹6.25 MOpen
21 Jan 2022The South Indian Bank Limited₹0.81 MOpen
17 Nov 2021The South Indian Bank Limited₹1.94 MOpen

How Many Employees Work at Megawin Switchgear?

Megawin Switchgear has a workforce of 229 employees as of Apr 10, 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 Megawin 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 Megawin Switchgear'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 Megawin Switchgear

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Megawin Switchgear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 60.98 Cr registered on 27 Dec 2022 with Charge ID 100663947 was modified on 27 Mar 2023.

    27 Mar 2023

  • Charges

    A charge registered on 28 Feb 2006 via Charge ID 10001560 with State Bank Of India was fully satisfied on 04 Mar 2023.

    04 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 50.00 Cr registered on 05 Nov 2022 with Charge ID 100657304 was modified on 19 Jan 2023.

    19 Jan 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 60.98 Cr with Charge ID 100663947 was registered on 27 Dec 2022.

    27 Dec 2022

Frequently asked questions

  • Megawin Switchgear Private Limited was incorporated on 12 Oct 2005.

  • The authorized share capital of Megawin Switchgear Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.02 Cr.

  • Currently 2 directors are associated with Megawin Switchgear Private Limited.

    • Ramadoss Jayanthiganesan
    • Subramaniam Ganesan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Megawin Switchgear Private Limited is 35/1 35/2 35/3 Narasothipatty P.B.No.434 Alagapuram Post Perumal Malai Adivaram, Salem-636 004., Tamil Nadu, India.

  • The corporate identification number (CIN) of Megawin Switchgear Private Limited is U31200TZ2005PTC012211 and the company number is 012211 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Megawin Switchgear Private Limited is https://www.megawinswitchgear.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Megawin Switchgear Private Limited has risen by 3.84%.

  • As Per 2023 financial reports, 229 employees are currently employed by Megawin Switchgear Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Megawin Switchgear Private Limited has experienced an upsurge of 5.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Megawin Switchgear Private Limited amount to ₹ 112.24 Cr.

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