New Era Switchgears Private Limited

Manufactures electrical switch gears and components, offers fabrication services.

1998 | Ujjain, Madhya Pradesh (India) | Active
Last Updated:

New Era Switchgears Profile

Key Indicators

  • Authorised Capital ₹ 2.66 Cr
  • Paid Up Capital ₹ 1.39 Cr
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.81 Cr
  • Satisfied Charges ₹ 3.09 Cr
  • Revenue Growth 12.75%
  • Profit Growth 63.68%
  • Ebitda 819.25%
  • Net Worth 1.89%
  • Total Assets 2.97%

About New Era Switchgears

New Era Switchgears Private Limited (NESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1998 and has a history of 27 years and one month. Its registered office is in Ujjain, Madhya Pradesh, 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 2.66 Cr and a paid-up capital of Rs 1.39 Cr.

The company currently has active open charges totaling ₹3.81 Cr. The company has closed loans amounting to ₹3.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sarah Badshah, Asgar Badshah, Mohsin Merchant, and One other member serve as directors at the Company.

Company Details

  • Location

    Ujjain, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31200MP1998PTC012744

  • Company No.

    012744

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Energy and Power

What products or services does New Era Switchgears Private Limited offer?

New Era Switchgears Private Limited offers a wide range of products and services, including Switches & Switch Boxes, Lighting Switch, Circuit Breakers, MCCB, Electrical Panels & Distribution Box, Breaker Panels, Steel Fabrication, Stainless Steel Fabricators, Mild Steel Fabrication, Distribution Box.

Company report

New Era Switchgears Private Limited

Explore comprehensive data for New Era Switchgears Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at New Era Switchgears?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohsin Merchant Country flag representing In Managing Director16-Mar-2012Current

Board Members (3)

NameDesignationAppointment DateStatus
Sarah Badshah Country flag representing In Whole-Time Director 30-Mar-2006Current
Asgar Badshah Country flag representing In Whole-Time Director 23-Feb-2022Current
Rashida Merchant Country flag representing In Whole-Time Director 30-Apr-2012Current

Financial Performance of New Era Switchgears.

New Era Switchgears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.75% increase. The company also saw a substantial improvement in profitability, with a 63.68% increase in profit. The company's net worth moved up by a moderate rise of 1.89%.

New Era Switchgears revenue growth over time
New Era Switchgears 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
12.75%
Revenue from Operations
15.78%
Total Assets
2.97%
Profit or Loss
63.68%
Net Worth
1.89%
EBITDA
819.25%

What is the Ownership and Shareholding Structure of New Era Switchgears?

In 2023, New Era Switchgears had a promoter holding of 90.95% and a public holding of 9.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.81 Cr

Satisfied Charges

₹3.09 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.81 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2009Others₹3.81 CrOpen
01 Jun 2019Others₹1.80 CrSatisfied
20 Mar 2002Bank Of India₹9.17 MSatisfied
28 Apr 1998Bank Of India₹1.00 MSatisfied
06 Apr 1998Bank Of India₹0.70 MSatisfied

How Many Employees Work at New Era Switchgears?

Unlock and access historical data on people associated with New Era Switchgears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for New Era Switchgears Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New Era 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 New Era Switchgears'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 New Era Switchgears

Recent activity within the organization

  • Annual General Meeting

    New Era Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 01 Jun 2019 via Charge ID 100269640 with Others was fully satisfied on 16 May 2024.

  • Balance Sheet

    New Era Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Charges

    A charge with Others of Rs. 3.81 Cr registered on 12 Mar 2009 with Charge ID 10153113 was modified on 30 Oct 2023.

  • Director Appointment

    Asgar Ali Badshah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Feb 2022 & has been associated with this company since 3 years 2 months .

  • Charges

    A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100269640 was registered on 01 Jun 2019.

Frequently asked questions

  • What is the Incorporation or founding date of New Era Switchgears Private Limited?

    New Era Switchgears Private Limited was incorporated on 03 Apr 1998.

  • What is authorized share capital and paid-up capital of New Era Switchgears Private Limited?

    The authorized share capital of New Era Switchgears Private Limited is ₹ 2.66 Cr and paid-up capital is ₹ 1.39 Cr.

  • Who are the current board members & directors of New Era Switchgears Private Limited?

    Currently 4 directors are associated with New Era Switchgears Private Limited.

    • Sarah Badshah
    • Asgar Ali Badshah
    • Mohsin Ali Merchant
    • Rashida Merchant

  • What is the registered address of New Era Switchgears Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of New Era Switchgears Private Limited is 3-G, Industrial Area Maxi Road India, Ujjain, Madhya Pradesh, 456001.

  • What is the corporate identification number (CIN) and company number of New Era Switchgears Private Limited?

    The corporate identification number (CIN) of New Era Switchgears Private Limited is U31200MP1998PTC012744 and the company number is 012744 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for New Era Switchgears Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for New Era Switchgears Private Limited has risen by 12.75%.

  • What change has been observed in the net worth of New Era Switchgears Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of New Era Switchgears Private Limited has experienced an upsurge of 1.89%.

  • What are the total open charges for New Era Switchgears Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for New Era Switchgears Private Limited amount to ₹ 3.81 Cr.

  • When was the last Balance Sheet of New Era Switchgears Private Limited filed with the ROC?

    The most recent Balance Sheet for New Era Switchgears Private Limited was filed with the ROC on 31 Mar 2024.

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