Popular Switchgears Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 23-10-2024
- Paid Up Capital ₹ 1.91 M
as on 23-10-2024
- Company Age 40 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 83.34 Cr
as on 23-10-2024
- Satisfied Charges ₹ 20.06 Cr
as on 23-10-2024
- Revenue 3.40%
(FY 2023)
- Profit -9.45%
(FY 2023)
- Ebitda -3.88%
(FY 2023)
- Net Worth 15.20%
(FY 2023)
- Total Assets 21.16%
(FY 2023)
About Popular Switchgears
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 2.50 M and a paid-up capital of Rs 1.91 M.
The company currently has active open charges totaling ₹83.34 Cr. The company has closed loans amounting to ₹20.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amar Kadakia, Mahesh Kadakia, and Vaishali Kadakia serve as directors at the Company.
- CIN/LLPIN
U31200MH1984PTC033209
- Company No.
033209
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jun 1984
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Popular Switchgears Private Limited offer?
Popular Switchgears Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Breaker Panels, Electric Control Panel, Meter Panel Board, Industrial Control Panel, Distribution Box, VFD, PLC, HMI & Control Equipments, Starters, AMF Panels, Power Control Center.
Who are the key members and board of directors at Popular Switchgears?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Kadakia  | Managing Director | 21-Jun-1984 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amar Kadakia | Director | 02-Jan-1995 | Current |
| Vaishali Kadakia | Director | 07-Feb-1998 | Current |
Financial Performance of Popular Switchgears.
Popular Switch Gears Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 3.4% increase. The company also saw a slight decrease in profitability, with a 9.45% decrease in profit. The company's net worth Soared by an impressive increase of 15.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Popular Switchgears?
In 2023, Popular Switchgears 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)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Jul 2024 | ₹17.00 Cr | Open |
Others Creation Date: 12 Jul 2021 | ₹20.00 Cr | Open |
Others Creation Date: 17 Jun 2019 | ₹8.00 M | Open |
How Many Employees Work at Popular Switchgears?
Popular Switchgears has a workforce of 223 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Popular 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 Popular Switchgears'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.
