Swapnil Switches Private Limited

Manufacturer of electro-mechanical switches, part of Pavna Group, established in 1991 in Delhi.

1991 | New Delhi, Delhi (India) | Active
Last Updated: June 16, 2024

Swapnil Switches Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.09 M
  • Company Age 34 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 34.08 Cr
  • Satisfied Charges ₹ 5.40 M
  • Revenue Growth -53.17%
  • Profit Growth -62.37%
  • Ebitda -88.66%
  • Net Worth 5.89%
  • Total Assets -18.32%

About Swapnil Switches

Swapnil Switches Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 January 1991 and has a history of 34 years. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Consumer Electronics & Durables 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 6.50 M and a paid-up capital of Rs 6.09 M.

The company currently has active open charges totaling ₹34.08 Cr. The company has closed loans amounting to ₹5.40 M, as per Ministry of Corporate Affairs (MCA) records.

Ajay Maheshwari, Priya Jain, and Asha Jain serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1991PTC042822

  • Company No.

    042822

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Swapnil Switches?

Executive Team (1)

Name Designation Appointment Date Status
Asha Jain Country flag representing In Managing Director 22-Jan-1991 Current

Board Members (2)

Name Designation Appointment Date Status
Ajay Maheshwari Country flag representing In Director 10-Jan-2011 Current
Priya Jain Country flag representing In Director 10-Jan-2011 Current

Financial Performance of Swapnil Switches.

Swapnil Switches Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.17% decrease. The company also saw a substantial fall in profitability, with a 62.37% decrease in profit. The company's net worth moved up by a moderate rise of 5.89%.

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
-53.17%
Revenue from Operations
-56.69%
Total Assets
-18.32%
Profit or Loss
-62.37%
Net Worth
5.89%
EBITDA
-88.66%

What is the Ownership and Shareholding Structure of Swapnil Switches?

In 2023, Swapnil Switches had a promoter holding of 99.01% and a public holding of 0.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹340.80 M

Satisfied Charges

₹5.40 M

Charges Breakdown by Lending Institutions

  • Others : 32.00 Cr
  • Hdfc Bank Limited : 2.08 Cr

Latest Charge Details

Date Lender Amount Status
21 Jan 2021 Hdfc Bank Limited ₹1.08 Cr Open
01 Dec 2018 Hdfc Bank Limited ₹1.00 Cr Open
30 Mar 2017 Others ₹5.00 Cr Open
10 Jun 2016 Others ₹27.00 Cr Open
30 Mar 2021 Hdfc Bank Limited ₹1.40 M Satisfied

How Many Employees Work at Swapnil Switches?

Swapnil Switches has a workforce of 44 employees as of Apr 06, 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 Swapnil Switches, 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 Swapnil Switches'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 Swapnil Switches

Recent activity within the organization

  • Charges

    A charge registered on 30 Mar 2021 via Charge ID 100435098 with Hdfc Bank Limited was fully satisfied on 06 Apr 2024.

    06 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Swapnil Switches Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.40 M with Charge ID 100435098 was registered on 30 Mar 2021.

    30 Mar 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.80 M with Charge ID 100426911 was registered on 21 Jan 2021.

    21 Jan 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100225340 was registered on 01 Dec 2018.

    01 Dec 2018

Frequently asked questions

  • Swapnil Switches Private Limited was incorporated on 22 Jan 1991.

  • The authorized share capital of Swapnil Switches Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.09 M.

  • Currently 3 directors are associated with Swapnil Switches Private Limited.

    • Ajay Kumar Maheshwari
    • Priya Jain
    • Asha Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swapnil Switches Private Limited is 10/1136 Nai Walakarol Bagh, New Delhi, India, 110005.

  • The corporate identification number (CIN) of Swapnil Switches Private Limited is U74899DL1991PTC042822 and the company number is 042822 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swapnil Switches Private Limited is https://www.pavnagroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swapnil Switches Private Limited has fallen by -53.17%.

  • As Per 2023 financial reports, 44 employees are currently employed by Swapnil Switches Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swapnil Switches Private Limited has experienced an upsurge of 5.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swapnil Switches Private Limited amount to ₹ 34.08 Cr.

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

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