Seva Switchgear Private Limited

Manufacturer of low voltage switch-gear and industrial joysticks for cranes and equipment, with international exports and certifications.

1990 | Bangalore.23., Karnataka (India) | Active
Last Updated: January 08, 2025

Seva Switchgear Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 2.75 M
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 M
  • Satisfied Charges ₹ 9.50 M
  • Revenue Growth -44.32%
  • Profit Growth -152.81%
  • Ebitda -511.42%
  • Net Worth -1.76%
  • Total Assets -5.43%

About Seva Switchgear

Seva Switchgear Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 November 1990 and has a history of 34 years and three months. Its registered office is in Bangalore.23., Karnataka.

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 2024. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 2.75 M.

The company currently has active open charges totaling ₹6.00 M. The company has closed loans amounting to ₹9.50 M, as per Ministry of Corporate Affairs (MCA) records.

Sriraman Bhashyam and Chitra Bhashyam serve as directors at the Company.

Company Details

  • Location Bangalore.23., Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sevaspl.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U03190KA1990PTC011388

  • Company No.

    011388

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 1990

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Seva Switchgear Private Limited offer?

Seva Switchgear Private Limited offers a wide range of products and services, including Starters, Motor Starter, Switches & Switch Boxes, Control Switch, VFD, PLC, HMI & Control Equipments, Relays and Contactors, Power Contactors, Cranes, Forklift & Lifting Machines, Crane Spare Parts, Magnetic Switches.

Who are the key members and board of directors at Seva Switchgear?

Board Members (2)

Name Designation Appointment Date Status
Sriraman Bhashyam Country flag representing In Whole-Time Director 22-Aug-2013 Current
Chitra Bhashyam Country flag representing In Whole-Time Director 16-Aug-2016 Current

Financial Performance of Seva Switchgear.

Seva Switchgear Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 44.32% decrease. The company also saw a substantial fall in profitability, with a 152.81% decrease in profit. The company's net worth dipped by a decrease of 1.76%.

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
-44.32%
Revenue from Operations
-44.93%
Total Assets
-5.43%
Profit or Loss
-152.81%
Net Worth
-1.76%
EBITDA
-511.42%

What is the Ownership and Shareholding Structure of Seva Switchgear?

In 2021, Seva Switchgear 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

₹6.00 M

Satisfied Charges

₹9.50 M

Charges Breakdown by Lending Institutions

  • Others : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
01 Mar 2023 Others ₹6.00 M Open
26 Nov 2012 Citibank N.A. ₹9.50 M Satisfied

How Many Employees Work at Seva Switchgear?

Seva Switchgear has a workforce of 51 employees as of Apr 10, 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 Seva Switchgear, 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 Seva Switchgear'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 Seva Switchgear

Recent activity within the organization

  • Annual General Meeting

    Seva Switchgear Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Seva Switchgear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 6.00 M with Charge ID 100681740 was registered on 01 Mar 2023.

    01 Mar 2023

  • Charges

    A charge registered on 26 Nov 2012 via Charge ID 10396117 with Citibank N.A. was fully satisfied on 10 Jul 2017.

    10 Jul 2017

  • Director Appointment

    Chitra Bhashyam was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Aug 2016 & has been associated with this company since 8 years 6 months .

    16 Aug 2016

  • Director Appointment

    Sriraman Bhashyam was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Aug 2013 & has been associated with this company since 11 years 5 months .

    22 Aug 2013

Frequently asked questions

  • Seva Switchgear Private Limited was incorporated on 09 Nov 1990.

  • The authorized share capital of Seva Switchgear Private Limited is ₹ 8.00 M and paid-up capital is ₹ 2.75 M.

  • Currently 2 directors are associated with Seva Switchgear Private Limited.

    • Sriraman Bhashyam
    • Chitra Bhashyam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Seva Switchgear Private Limited is No.97 Magadi Road, India, Bangalore.23., Karnataka.

  • The corporate identification number (CIN) of Seva Switchgear Private Limited is U03190KA1990PTC011388 and the company number is 011388 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Seva Switchgear Private Limited is https://www.sevaspl.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Seva Switchgear Private Limited has fallen by -44.32%.

  • As Per 2021 financial reports, 51 employees are currently employed by Seva Switchgear Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Seva Switchgear Private Limited has experienced an downturn of -1.76%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Seva Switchgear Private Limited amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Seva Switchgear Private Limited was filed with the ROC on 31 Mar 2024.

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