Svitch Energy Private Limited

Electric bike and cycle manufacturing and trading under brand name 'Svitch'.

2019 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Svitch Energy Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.86 Cr
  • Revenue Growth 15.84%
  • Profit Growth 19.30%
  • Ebitda 19.80%
  • Net Worth 17.70%
  • Total Assets 44.07%

About Svitch Energy

Svitch Energy Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 2019 (Five years and seven months 10 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Automotive 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹3.86 Cr.

Rajkumar Patel, Radhika Patel, Sneha Patel, and One other member 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

    U52609GJ2019PTC108838

  • Company No.

    108838

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Svitch Energy Private Limited offer?

Svitch Energy Private Limited offers a wide range of products and services, including E Vehicles, Electric Two Wheelers, Parts And Kits, Ladies Dresses, Apparels & Clothings, Women Dresses, Automobile Body Coach Building, Automotive Body Parts.

Who are the key members and board of directors at Svitch Energy?

Board Members (4)

Name Designation Appointment Date Status
Rajkumar Patel Country flag representing In Director 25-Jun-2019 Current
Radhika Patel Country flag representing In Director 25-Jun-2019 Current
Sneha Patel Country flag representing In Director 27-Sep-2022 Current
Utpal Panchal Country flag representing In Additional Director 03-Apr-2023 Current

Financial Performance of Svitch Energy.

Svitch Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.84% increase. The company also saw a substantial improvement in profitability, with a 19.3% increase in profit. The company's net worth Soared by an impressive increase of 17.7%.

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
15.84%
Revenue from Operations
12.91%
Total Assets
44.07%
Profit or Loss
19.30%
Net Worth
17.70%
EBITDA
19.80%

What is the Ownership and Shareholding Structure of Svitch Energy?

Unlock access to Svitch Energy's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.86 Cr

Latest Charge Details

Date Lender Amount Status
14 Feb 2020 State Bank Of India ₹3.86 Cr Open

How Many Employees Work at Svitch Energy?

Unlock and access historical data on people associated with Svitch Energy, 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 Svitch Energy, 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 Svitch Energy'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 Svitch Energy

Recent activity within the organization

  • Annual General Meeting

    Svitch Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Utpal Manubhai Panchal was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2023 & has been associated with this company since 1 year 10 months .

    03 Apr 2023

  • Balance Sheet

    Svitch Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Sneha Vinodbhai Patel was appointed as a Director was appointed as a Director on 27 Sep 2022 & has been associated with this company since 2 years 4 months .

    27 Sep 2022

  • Charges

    A charge with State Bank Of India of Rs. 38.60 M registered on 14 Feb 2020 with Charge ID 100324579 was modified on 12 Jan 2022.

    12 Jan 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 38.60 M with Charge ID 100324579 was registered on 14 Feb 2020.

    14 Feb 2020

Frequently asked questions

  • Svitch Energy Private Limited was incorporated on 25 Jun 2019.

  • The authorized share capital of Svitch Energy Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 4 directors are associated with Svitch Energy Private Limited.

    • Rajkumar Vinodbhai Patel
    • Radhika Rajkumar Patel
    • Sneha Vinodbhai Patel
    • Utpal Manubhai Panchal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Svitch Energy Private Limited is 4Th Floor A/410 Stellar Sindhu Bhavan Nr. Pakwan Cross Road Bodakdev, India, Ahmedabad, Gujarat, 380059.

  • The corporate identification number (CIN) of Svitch Energy Private Limited is U52609GJ2019PTC108838 and the company number is 108838 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Svitch Energy Private Limited is https://www.svitch.bike

  • According to the financial reports for the fiscal year 2023, the revenue trend for Svitch Energy Private Limited has risen by 15.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Svitch Energy Private Limited has experienced an upsurge of 17.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Svitch Energy Private Limited amount to ₹ 3.86 Cr.

  • The most recent Balance Sheet for Svitch Energy Private Limited was filed with the ROC on 31 Mar 2023.