Shri Ram Switchgears Limited

Founded in 1985 and headquartered in Madhya Pradesh, India.

1985 | Ratlam, Madhya Pradesh (India) | Under Insolvency
Last Updated: January 16, 2025

Shri Ram Switchgears Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 10.01 Cr
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 82.90 Cr
  • Satisfied Charges ₹ 46.93 Cr
  • Revenue Growth -33.34%
  • Profit Growth 77.01%
  • Ebitda 88.09%
  • Net Worth -22.29%
  • Total Assets 7.06%

About Shri Ram Switchgears

Shri Ram Switchgears Limited (SRSL) is Under Cirp company established on 06 Sep 1985 with its office registered at Ratlam, Madhya Pradesh, India and has been running since 39 Year, 5 Months with a paid up capital of 10.01 Cr. According to MCA records, 6 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Ratlam, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shriramswitchgears.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L31200MP1985PLC003026

  • Company No.

    003026

  • Stock Symbol

    NSE : SRIRAM

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 1985

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Energy and Power

What products or services does Shri Ram Switchgears Limited offer?

Shri Ram Switchgears Limited offers a wide range of products and services, including Transformers, Dry Type Transformer, Switchgears, L&T Switch Gears, Distribution Transformer, Power Transformers, Electrical Power Transformer.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Nilesh Jhalani Country flag representing In Managing Director01-Apr-2007Current
Naresh Jhalani Country flag representing In CFO04-Jan-2017Current

Financial Performance of Shri Ram Switchgears.

Shri Ram Switchgears Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.34% decrease. The company also saw a substantial improvement in profitability, with a 77.01% increase in profit. The company's net worth observed a substantial decline by a decrease of 22.29%.

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
-33.34%
Revenue from Operations
-37.20%
Total Assets
7.06%
Profit or Loss
77.01%
Net Worth
-22.29%
EBITDA
88.09%

What is the Ownership and Shareholding Structure of Shri Ram Switchgears?

In 2023, Shri Ram Switchgears had a promoter holding of 60.81% and a public holding of 39.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹82.90 Cr

Satisfied Charges

₹46.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 77.50 Cr
  • Uco Bank : 2.70 Cr
  • Au Financiers (India) Limited : 2.70 Cr

Latest Charge Details

DateLenderAmountStatus
05 Aug 2017Others₹2.40 CrOpen
13 Jun 2016Others₹4.00 CrOpen
02 Jun 2016Others₹71.10 CrOpen
26 Dec 2015Au Financiers (India) Limited₹4.50 MOpen
01 Oct 2015Au Financiers (India) Limited₹2.25 CrOpen

How Many Employees Work at Shri Ram Switchgears?

Shri Ram Switchgears has a workforce of 16 employees as of Apr 03, 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 Shri Ram 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 Shri Ram 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 Shri Ram Switchgears

Recent activity within the organization

  • Annual General Meeting

    Shri Ram Switchgears Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

    30 Nov 2023

  • Balance Sheet

    Shri Ram Switchgears Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Director Appointment

    Mudit Gupta was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Charges

    A charge with Others of Rs. 71.10 Cr registered on 02 Jun 2016 with Charge ID 100035311 was modified on 22 Sep 2020.

    22 Sep 2020

  • Charges

    A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100125204 was registered on 05 Aug 2017.

    05 Aug 2017

  • Director Appointment

    Atul Krishna Khandelwal was appointed as a Director was appointed as a Director on 06 Jan 2017 & has been associated with this company since 8 years 1 month .

    06 Jan 2017

Frequently asked questions

  • What is the Incorporation or founding date of Shri Ram Switchgears Limited?

    Shri Ram Switchgears Limited was incorporated on 06 Sep 1985.

  • What is authorized share capital and paid-up capital of Shri Ram Switchgears Limited?

    The authorized share capital of Shri Ram Switchgears Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.01 Cr.

  • Who are the current board members & directors of Shri Ram Switchgears Limited?

    Currently 7 directors are associated with Shri Ram Switchgears Limited.

    • Atul Krishna Khandelwal
    • Rohit Kumar Jhalani
    • Nilesh Kumar Jhalani
    • Devraj Jhalani
    • Sapna Jhalani
    • Mudit Gupta
    • Naresh Kumar Jhalani
  • What is the registered address of Shri Ram Switchgears Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shri Ram Switchgears Limited is Shri Ram Bhawan Goushala Road India, Ratlam, Madhya Pradesh, 457001.

  • What is the corporate identification number (CIN) and company number of Shri Ram Switchgears Limited?

    The corporate identification number (CIN) of Shri Ram Switchgears Limited is L31200MP1985PLC003026 and the company number is 003026 as per Ministry of Corporate Affairs (MCA).

  • Is Shri Ram Switchgears Limited registered with any stock exchange in India?

    Yes, Shri Ram Switchgears Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Shri Ram Switchgears Limited?

    The Official website of Shri Ram Switchgears Limited is https://www.shriramswitchgears.com

  • What has been the recent revenue trend for Shri Ram Switchgears Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shri Ram Switchgears Limited has fallen by -33.34%.

  • How many employees does Shri Ram Switchgears Limited currently have?

    As Per 2023 financial reports, 16 employees are currently employed by Shri Ram Switchgears Limited.

  • What change has been observed in the net worth of Shri Ram Switchgears Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shri Ram Switchgears Limited has experienced an downturn of -22.29%.

  • What are the total open charges for Shri Ram Switchgears Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shri Ram Switchgears Limited amount to ₹ 82.90 Cr.

  • When was the last Balance Sheet of Shri Ram Switchgears Limited filed with the ROC?

    The most recent Balance Sheet for Shri Ram Switchgears Limited was filed with the ROC on 31 Mar 2023.

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