Mex Switchgears Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.50 M
- Company Age 45 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.15 Cr
- Satisfied Charges ₹ 1.63 Cr
- Revenue Growth -3.70%
- Profit Growth 26.53%
- Ebitda -33.10%
- Net Worth 5.42%
- Total Assets 0.96%
About Mex Switchgears
Mex Switchgears Pvt Ltd (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 August 1979 and has a history of 45 years and six months. Its registered office is in Jalandhar, Punjab, 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 5.00 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹2.15 Cr. The company has closed loans amounting to ₹1.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jai Kishan, Shimmi Kalra, Chitwan Saini, and One other member serve as directors at the Company.
Company Details
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Location
Jalandhar, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U31200PB1979PTC004019
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Company No.
004019
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Aug 1979
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Mex Switchgears Pvt Ltd offer?
Mex Switchgears Pvt Ltd offers a wide range of products and services, including Relays and Contactors, Power Contactors, Relays, Fuses, Circuit Breakers & Components, Current Limiting and Changeover Devices, Electrical Panels & Distribution Box, Pump Control Panels, High Voltage Circuit Breakers, Distribution Box, Enclosures & Cabinets.
Who are the key members and board of directors at Mex Switchgears?
Executive Team (1)
Name | Designation | Appointment Date | Status |
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Jai Kishan
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Managing Director | 09-Aug-1979 | Current |
Board Members (3)
Name | Designation | Appointment Date | Status |
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Shimmi Kalra
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Whole-Time Director | 01-Jan-2010 | Current |
Chitwan Saini
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Whole-Time Director | 01-Apr-2010 | Current |
Tejal Saini
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Whole-Time Director | 16-Oct-2020 | Current |
Financial Performance of Mex Switchgears.
Mex Switchgears Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.7% decrease. The company also saw a substantial improvement in profitability, with a 26.53% increase in profit. The company's net worth moved up by a moderate rise of 5.42%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mex Switchgears?
Unlock access to Mex Switchgears's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
![Shareholding Indicator graph](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹21.50 M
₹16.30 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 2.15 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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24 May 2005 | State Bank Of India | ₹2.15 Cr | Open |
16 Dec 2019 | Others | ₹3.00 M | Satisfied |
27 Oct 2010 | District Industries Centre | ₹0.45 M | Satisfied |
28 Apr 2008 | State Bank Of India | ₹0.94 M | Satisfied |
24 May 2005 | State Bank Of India | ₹0.70 M | Satisfied |
How Many Employees Work at Mex Switchgears?
Mex Switchgears has a workforce of 172 employees as of Apr 01, 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](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Mex Switchgears, 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 Mex Switchgears's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.