Sriganesh Switchgears Private Limited

Manufactures electrical goods and deals in control panels, power, cables, and transmission lines.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated: December 31, 2024

Sriganesh Switchgears Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.96 M
  • Revenue Growth -34.71%
  • Profit Growth 31.47%
  • Ebitda 50.82%
  • Net Worth 73.40%
  • Total Assets -0.30%

About Sriganesh Switchgears

Sriganesh Switchgears Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 August 1995 and has a history of 29 years and five months. Its registered office is in Bangaluru, Karnataka, 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 0.30 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹6.96 M.

Mysore Murthy and Shashikala serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64204KA1995PTC018543

  • Company No.

    018543

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

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

Board Members (2)

Name Designation Appointment Date Status
Mysore Murthy Country flag representing In Director 08-Jan-1996 Current
Shashikala Country flag representing In Director 16-Aug-1995 Current

Financial Performance of Sriganesh Switchgears.

Sriganesh Switchgears Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 34.71% decrease. The company also saw a substantial improvement in profitability, with a 31.47% increase in profit. The company's net worth Soared by an impressive increase of 73.4%.

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
-34.71%
Revenue from Operations
-35.47%
Total Assets
-0.30%
Profit or Loss
31.47%
Net Worth
73.40%
EBITDA
50.82%

What is the Ownership and Shareholding Structure of Sriganesh Switchgears?

In 2021, Sriganesh 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.96 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Vijaya Bank : 0.30 Cr
  • Vijaya Bank : 0.20 Cr
  • Others : 0.15 Cr
  • Karnataka Bank Ltd : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
14 Jul 2020 Others ₹0.48 M Open
18 Jan 2019 Others ₹0.98 M Open
25 Nov 2004 Vijaya Bank ₹2.00 M Open
25 Nov 2004 The Vijaya Bank ₹3.00 M Open
20 Sep 1996 Karnataka Bank Ltd ₹0.50 M Open

How Many Employees Work at Sriganesh Switchgears?

Unlock and access historical data on people associated with Sriganesh Switchgears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sriganesh 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 Sriganesh 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 Sriganesh Switchgears

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Sriganesh Switchgears 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. 0.48 M with Charge ID 100395304 was registered on 14 Jul 2020.

    14 Jul 2020

  • Charges

    A charge with Others amounted to Rs. 0.98 M with Charge ID 100239481 was registered on 18 Jan 2019.

    18 Jan 2019

  • Charges

    A charge with The Vijaya Bank of Rs. 3.00 M registered on 25 Nov 2004 with Charge ID 90200968 was modified on 30 Apr 2007.

    30 Apr 2007

  • Charges

    A charge with Vijaya Bank amounted to Rs. 2.00 M with Charge ID 80031123 was registered on 25 Nov 2004.

    25 Nov 2004

Frequently asked questions

  • Sriganesh Switchgears Private Limited was incorporated on 16 Aug 1995.

  • The authorized share capital of Sriganesh Switchgears Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Sriganesh Switchgears Private Limited.

    • Mysore Narasimha Murthy
    • Shashikala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sriganesh Switchgears Private Limited is No.107 10Th Cross Rajgopal Nagar Main Road Peenya Iii Phase, India, Bangalore, Karnataka, 560057.

  • The corporate identification number (CIN) of Sriganesh Switchgears Private Limited is U64204KA1995PTC018543 and the company number is 018543 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sriganesh Switchgears Private Limited has fallen by -34.71%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sriganesh Switchgears Private Limited has experienced an upsurge of 73.40%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sriganesh Switchgears Private Limited amount to ₹ 6.96 M.

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

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