Safvolt Switchgears Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.80 M
- Company Age 14 Year, 1 Day
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 21.20 Cr
- Satisfied Charges ₹ 7.41 Cr
- Revenue Growth -10.43%
- Profit Growth -3.59%
- Ebitda 21.64%
- Net Worth 7.84%
- Total Assets -49.50%
About Safvolt Switchgears
Safvolt Switchgears Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 2011 and has a history of 14 years. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Max Electric India Private Limited. 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 1.00 Cr and a paid-up capital of Rs 9.80 M.
The company currently has active open charges totaling ₹21.20 Cr. The company has closed loans amounting to ₹7.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ganapathiappan Vijayakumar and Ananthi serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31900TZ2011PTC016759
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Company No.
016759
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Feb 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
What products or services does Safvolt Switchgears Private Limited offer?
Safvolt Switchgears Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Breaker Panels, Fuses, Circuit Breakers & Components, High Voltage Circuit Breakers, Distribution Box, Switchgear Panels, Electric Control Panel, Electrical Distribution System, Electric Fittings & Components, Load Banks.
Who are the key members and board of directors at Safvolt Switchgears?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ganapathiappan Vijayakumar
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Managing Director | 15-Feb-2011 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ananthi
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Director | 06-Jan-2016 | Current |
Financial Performance of Safvolt Switchgears.
Safvolt Switchgears Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.43% decrease. The company also saw a slight decrease in profitability, with a 3.59% decrease in profit. The company's net worth moved up by a moderate rise of 7.84%.
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What is the Ownership and Shareholding Structure of Safvolt Switchgears?
In 2023, Safvolt 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.
Related Corporates (Common Directorship)
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Safvolt Energy Private LimitedGanapathiappan Vijayakumar and Ananthi are mutual person
Charges (Loans)
₹21.20 Cr
₹7.41 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 13.50 Cr
- Axis Bank Limited : 7.07 Cr
- Sidbi : 0.56 Cr
- City Union Bank Limited : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2024 | Canara Bank | ₹8.25 Cr | Open |
| 20 Mar 2024 | Sidbi | ₹5.55 M | Open |
| 28 Dec 2023 | Canara Bank | ₹5.25 Cr | Open |
| 24 Jul 2023 | City Union Bank Limited | ₹0.75 M | Open |
| 06 Jan 2023 | Axis Bank Limited | ₹7.50 M | Open |
How Many Employees Work at Safvolt Switchgears?
Safvolt Switchgears has a workforce of 35 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Safvolt 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 Safvolt 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.
