Punjab Switchgears Pvt. Ltd.

Manufacturer of electrical components such as circuit breakers, enclosures, and distribution boards.

1987 | Ludhiana, Punjab (India) | Active
Last Updated: January 03, 2025

Punjab Switchgears Profile

Key Indicators

  • Authorised Capital ₹ 5.60 M
  • Paid Up Capital ₹ 5.57 M
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 0.70 M
  • Revenue Growth -2.77%
  • Profit Growth 33.70%
  • Ebitda 116.39%
  • Net Worth -7.63%
  • Total Assets -13.78%

About Punjab Switchgears

Punjab Switchgears Pvt. Ltd. (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 March 1987 and has a history of 37 years and ten months. Its registered office is in Ludhiana, 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 2019. It's a company limited by shares with an authorized capital of Rs 5.60 M and a paid-up capital of Rs 5.57 M.

The company currently has active open charges totaling ₹0.70 M.

Yash Pal, Parminder Kaur, and Gavin Devgan serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909PB1987PTC007368

  • Company No.

    007368

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1987

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Energy and Power

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

Board Members (3)

Name Designation Appointment Date Status
Yash Pal Country flag representing In Director 27-Mar-1990 Current
Parminder Kaur Country flag representing In Additional Director 22-Feb-2024 Current
Gavin Devgan Country flag representing In Additional Director 22-Feb-2024 Current

Financial Performance of Punjab Switchgears.

Punjab Switchgears Pvt. Ltd., for the financial year ended 2015, experienced Minor drop in revenue, with a 2.77% decrease. The company also saw a substantial improvement in profitability, with a 33.7% increase in profit. The company's net worth dipped by a decrease of 7.63%.

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
-2.77%
Revenue from Operations
-2.80%
Total Assets
-13.78%
Profit or Loss
33.70%
Net Worth
-7.63%
EBITDA
116.39%

What is the Ownership and Shareholding Structure of Punjab Switchgears?

In 2017, Punjab 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
14 Feb 1997 State Bank Of India ₹0.70 M Open

How Many Employees Work at Punjab Switchgears?

Punjab Switchgears has a workforce of 18 employees as of Apr 05, 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 Punjab 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 Punjab 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 Punjab Switchgears

Recent activity within the organization

  • Director Appointment

    Parminder Kaur was appointed as a Additional Director was appointed as a Additional Director on 22 Feb 2024 & has been associated with this company since 11 months 15 days .

    22 Feb 2024

  • Director Appointment

    Gavin Devgan was appointed as a Additional Director was appointed as a Additional Director on 22 Feb 2024 & has been associated with this company since 11 months 15 days .

    22 Feb 2024

  • Annual General Meeting

    Punjab Switchgears Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Punjab Switchgears Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chandigarh.

    31 Mar 2019

  • Charges

    A charge with State Bank Of India of Rs. 0.70 M registered on 14 Feb 1997 with Charge ID 90179846 was modified on 23 Feb 2000.

    23 Feb 2000

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.70 M with Charge ID 90179846 was registered on 14 Feb 1997.

    14 Feb 1997

Frequently asked questions

  • Punjab Switchgears Pvt. Ltd. was incorporated on 20 Mar 1987.

  • The authorized share capital of Punjab Switchgears Pvt. Ltd. is ₹ 5.60 M and paid-up capital is ₹ 5.57 M.

  • Currently 3 directors are associated with Punjab Switchgears Pvt. Ltd..

    • Yash Pal
    • Parminder Kaur
    • Gavin Devgan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Switchgears Pvt. Ltd. is B-30, Ph-V Focal Point India, Ludhiana, Punjab, 141010.

  • The corporate identification number (CIN) of Punjab Switchgears Pvt. Ltd. is U31909PB1987PTC007368 and the company number is 007368 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Punjab Switchgears Pvt. Ltd. has fallen by -2.77%.

  • As Per 2015 financial reports, 18 employees are currently employed by Punjab Switchgears Pvt. Ltd..

  • The financial reports for the fiscal year 2015 indicates that The net worth of Punjab Switchgears Pvt. Ltd. has experienced an downturn of -7.63%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Punjab Switchgears Pvt. Ltd. amount to ₹ 0.70 M.

  • The most recent Balance Sheet for Punjab Switchgears Pvt. Ltd. was filed with the ROC on 31 Mar 2019.

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