Ovac Switchgear Services Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.99 M
- Company Age 29 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.95 Cr
- Satisfied Charges ₹ 3.66 Cr
- Revenue Growth 59.53%
- Profit Growth 698.32%
- Ebitda 233.96%
- Net Worth 9.93%
- Total Assets 21.99%
About Ovac Switchgear Services
Ovac Switchgear Services Private Limited (OSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 September 1995 and has a history of 29 years and five months. Its registered office is in Nashik, Maharashtra, 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 2.00 M and a paid-up capital of Rs 1.99 M.
The company currently has active open charges totaling ₹3.95 Cr. The company has closed loans amounting to ₹3.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mangesh Apshankar and Manoj Nirokhekar serve as directors at the Company.
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31200MH1995PTC092417
- Company No.
092417
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Sep 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
What products or services does Ovac Switchgear Services Private Limited offer?
Ovac Switchgear Services Private Limited offers a wide range of products and services, including Power Contactors, L&T Power Contactors, Current Limiting and Changeover Devices, Changeover Switch, Natural, Industrial & Medical Gases, Sulfur Hexafluoride, Machines & Equipments, Industrial Oil Filter Machine.
Who are the key members and board of directors at Ovac Switchgear Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mangesh Apshankar  | Director | 01-May-2001 | Current |
| Manoj Nirokhekar | Director | 01-Jan-2004 | Current |
Financial Performance of Ovac Switchgear Services.
Ovac Switchgear Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 59.53% increase. The company also saw a substantial improvement in profitability, with a 698.32% increase in profit. The company's net worth moved up by a moderate rise of 9.93%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Ovac Switchgear Services?
In 2022, Ovac Switchgear Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹39.46 M
Satisfied Charges
₹36.60 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 3.88 Cr
- Others : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2019 | Hdfc Bank Limited | ₹3.88 Cr | Open |
| 13 Jan 2018 | Others | ₹0.65 M | Open |
| 14 Dec 2016 | Others | ₹6.40 M | Satisfied |
| 11 Oct 2001 | State Bank Of India | ₹2.75 Cr | Satisfied |
| 16 Oct 1998 | The Janalaxmi Co-Op. Bank Ltd. | ₹0.60 M | Satisfied |
How Many Employees Work at Ovac Switchgear Services?
Unlock and access historical data on people associated with Ovac Switchgear Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ovac Switchgear Services, 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 Ovac Switchgear Services's trajectory.
Rating
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
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.
