Shashwat Electricals Private Limited

Manufactures and trades in electrical items, including panel boards, distribution boxes, and switch-gear accessories.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 14, 2024

Shashwat Electricals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth -48.93%
  • Profit Growth -71.19%
  • Ebitda -172.29%
  • Net Worth 2.22%
  • Total Assets -4.41%

About Shashwat Electricals

Shashwat Electricals Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 August 2006 and has a history of 18 years and six months. Its registered office is in Ahmedabad, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.20 M.

The company has closed loans amounting to ₹2.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Daxesh Panchal, Nehal Panchal, Rajendra Patel, and Six other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31403GJ2006PTC048859

  • Company No.

    048859

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Shashwat Electricals?

Board Members (9)

NameDesignationAppointment DateStatus
Daxesh Panchal Country flag representing In Director 07-Aug-2006Current
Nehal Panchal Country flag representing In Director 07-Aug-2006Current
Rajendra Patel Country flag representing In Director 07-Aug-2006Current
Praful Patel Country flag representing In Director 07-Aug-2006Current
Vishal Patel Country flag representing In Director 07-Aug-2006Current
Kurang Panchal Country flag representing In Director 07-Aug-2006Current

Financial Performance of Shashwat Electricals.

Shashwat Electricals Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 48.93% decrease. The company also saw a substantial fall in profitability, with a 71.19% decrease in profit. The company's net worth moved up by a moderate rise of 2.22%.

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
-48.93%
Revenue from Operations
-67.35%
Total Assets
-4.41%
Profit or Loss
-71.19%
Net Worth
2.22%
EBITDA
-172.29%

What is the Ownership and Shareholding Structure of Shashwat Electricals?

In 2022, Shashwat Electricals 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

Satisfied Charges

₹25.00 M

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2013Union Bank Of India₹2.50 CrSatisfied

How Many Employees Work at Shashwat Electricals?

Shashwat Electricals has a workforce of 5 employees as of Apr 02, 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 Shashwat Electricals, 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 Shashwat Electricals'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 Shashwat Electricals

Recent activity within the organization

  • Annual General Meeting

    Shashwat Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shashwat Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Utsav Nehal Panchal was appointed as a Director was appointed as a Director on 17 Jun 2019 & has been associated with this company since 5 years 8 months .

    17 Jun 2019

  • Charges

    A charge registered on 01 Oct 2013 via Charge ID 10461953 with Union Bank Of India was fully satisfied on 23 Jan 2019.

    23 Jan 2019

  • Charges

    A charge with Union Bank Of India amounted to Rs. 25.00 M with Charge ID 10461953 was registered on 01 Oct 2013.

    01 Oct 2013

  • Director Appointment

    Daxesh Ramchandra Panchal was appointed as a Director was appointed as a Director on 07 Aug 2006 & has been associated with this company since 18 years 6 months .

    07 Aug 2006

Frequently asked questions

  • Shashwat Electricals Private Limited was incorporated on 07 Aug 2006.

  • The authorized share capital of Shashwat Electricals Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 9 directors are associated with Shashwat Electricals Private Limited.

    • Daxesh Ramchandra Panchal
    • Nehal Ramchandra Panchal
    • Rajendra Baldevbhai Patel
    • Praful Baldevbhai Patel
    • Vishal Hemantkumar Patel
    • Kurang Ramchandra Panchal
    • Utsav Nehal Panchal
    • Anandkumar Jyotindrabhai Shah
    • Diptiben Hemantkumar Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shashwat Electricals Private Limited is Siddhi House Opp. Lal Banglow B/H. Kamaldeep Flats Off. C. G. Road, N Avrangpura India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Shashwat Electricals Private Limited is U31403GJ2006PTC048859 and the company number is 048859 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shashwat Electricals Private Limited has fallen by -48.93%.

  • As Per 2022 financial reports, 5 employees are currently employed by Shashwat Electricals Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shashwat Electricals Private Limited has experienced an upsurge of 2.22%.

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