Sagar Switch Gears Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 6.00 M
- Company Age 15 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.00 Cr
- Revenue Growth 360.11%
- Profit Growth 27.51%
- Ebitda 34.88%
- Net Worth -145.25%
- Total Assets -6.22%
About Sagar Switch Gears
Sagar Switch Gears Limited (SSGL) is a Public Limited Indian Non-Government Company incorporated in India on 17 August 2009 and has a history of 15 years and seven months. Its registered office is in Vadodara, Gujarat, India.
The Company is engaged in the Manufacturing 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 6.00 M and a paid-up capital of Rs 6.00 M.
The company currently has active open charges totaling ₹3.00 Cr.
Kiran Mohanlal, Nipa Patel, Sagar Patel, and One other member serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31200GJ2009PLC057812
- Company No.
057812
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Aug 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Sagar Switch Gears Limited offer?
Sagar Switch Gears Limited offers a wide range of products and services, including Metal and Alloy Wires, Electrical Conductors, Copper Wires, Copper & Brass Products, Copper Strips, Rod and Bars.
Sagar Switch Gears Limited
Explore comprehensive data for Sagar Switch Gears Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sagar Switch Gears?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiran Mohanlal  | Director | 17-Aug-2009 | Current |
| Nipa Patel | Director | 17-Aug-2009 | Current |
| Sagar Patel | Additional Director | 31-Dec-2014 | Current |
| Tapan Patel | Additional Director | 31-Dec-2014 | Current |
Financial Performance of Sagar Switch Gears.
Sagar Switch Gears Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 360.11% increase. The company also saw a substantial improvement in profitability, with a 27.51% increase in profit. The company's net worth observed a substantial decline by a decrease of 145.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sagar Switch Gears?
In 2019, Sagar Switch Gears 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)
Tapan Marketing C0nsultancy LimitedKiran Mohanlal, Nipa Patel and 2 more are mutual person
- Sagar Machinery Ltd
Kiran Mohanlal, Nipa Patel and 2 more are mutual person
Charges (Loans)
Open Charges
₹30.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Aug 2015 | Bank Of Baroda | ₹3.00 Cr | Open |
How Many Employees Work at Sagar Switch Gears?
Unlock and access historical data on people associated with Sagar Switch Gears, 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 Sagar Switch Gears, 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 Sagar Switch Gears'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.
Latest Updates, News, and FAQs on Sagar Switch Gears
Recent activity within the organization
- Annual General Meeting
Sagar Switch Gears Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Sagar Switch Gears Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Bank Of Baroda amounted to Rs. 30.00 M with Charge ID 10587068 was registered on 11 Aug 2015.
- Director Appointment
Sagar Kiranbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 31 Dec 2014 & has been associated with this company since 10 years 3 months .
- Director Appointment
Tapan Kiranbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 31 Dec 2014 & has been associated with this company since 10 years 3 months .
- Director Appointment
Kiran Patel Mohanlal was appointed as a Director was appointed as a Director on 17 Aug 2009 & has been associated with this company since 15 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Sagar Switch Gears Limited?
Sagar Switch Gears Limited was incorporated on 17 Aug 2009.
What is authorized share capital and paid-up capital of Sagar Switch Gears Limited?
The authorized share capital of Sagar Switch Gears Limited is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.
Who are the current board members & directors of Sagar Switch Gears Limited?
Currently 4 directors are associated with Sagar Switch Gears Limited.
- Kiran Patel Mohanlal
- Nipa Kiran Patel
- Sagar Kiranbhai Patel
- Tapan Kiranbhai Patel
What is the registered address of Sagar Switch Gears Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Switch Gears Limited is 2Ndfloor Citypointopp.Partapcinema, India, Vadodara, Gujarat, 390001.
What is the corporate identification number (CIN) and company number of Sagar Switch Gears Limited?
The corporate identification number (CIN) of Sagar Switch Gears Limited is U31200GJ2009PLC057812 and the company number is 057812 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sagar Switch Gears Limited?
The Official website of Sagar Switch Gears Limited is https://www.ssgl.in
What has been the recent revenue trend for Sagar Switch Gears Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Sagar Switch Gears Limited has risen by 360.11%.
What change has been observed in the net worth of Sagar Switch Gears Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Sagar Switch Gears Limited has experienced an downturn of -145.25%.
What are the total open charges for Sagar Switch Gears Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Sagar Switch Gears Limited amount to ₹ 3.00 Cr.
When was the last Balance Sheet of Sagar Switch Gears Limited filed with the ROC?
The most recent Balance Sheet for Sagar Switch Gears Limited was filed with the ROC on 31 Mar 2023.
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