Swastik Engitech Private Limited

Manufacturer of power press machines with a nationwide marketing network and various product series.

2010 | Rajkot, Gujarat (India) | Active
Last Updated: October 24, 2024

Swastik Engitech Profile

Key Indicators

  • Authorised Capital ₹ 1.15 Cr
  • Paid Up Capital ₹ 1.14 Cr
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.33 Cr
  • Satisfied Charges ₹ 16.98 Cr
  • Revenue Growth 20.51%
  • Profit Growth 35.72%
  • Ebitda 4.19%
  • Net Worth 17.63%
  • Total Assets -6.47%

About Swastik Engitech

Swastik Engitech Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 2010 and has a history of 14 years and 11 months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.15 Cr and a paid-up capital of Rs 1.14 Cr.

The company currently has active open charges totaling ₹30.33 Cr. The company has closed loans amounting to ₹16.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prashant Bansal, Neelamben Bansal, Ruby Bansal, and One other member serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bansalpresses.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29100GJ2010PTC059908

  • Company No.

    059908

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Swastik Engitech Private Limited offer?

Swastik Engitech Private Limited offers a wide range of products and services, including Power Press, Cross Shaft Power Press, Hydraulic Press, Hydraulic Power Press, Crusher, Shredder & Presses, Pressing Machine, Fly Press, Stamping Machine, Stamping Press, Mechanical Power Presses.

Who are the key members and board of directors at Swastik Engitech?

Board Members (4)

Name Designation Appointment Date Status
Prashant Bansal Country flag representing In Director 17-Mar-2010 Current
Neelamben Bansal Country flag representing In Director 17-Mar-2010 Current
Ruby Bansal Country flag representing In Director 20-Apr-2016 Current
Pankajbhai Bansal Country flag representing In Director 20-Apr-2016 Current

Financial Performance of Swastik Engitech.

Swastik Engitech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.51% increase. The company also saw a substantial improvement in profitability, with a 35.72% increase in profit. The company's net worth Soared by an impressive increase of 17.63%.

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
20.51%
Revenue from Operations
20.35%
Total Assets
-6.47%
Profit or Loss
35.72%
Net Worth
17.63%
EBITDA
4.19%

What is the Ownership and Shareholding Structure of Swastik Engitech?

Unlock access to Swastik Engitech'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

₹30.33 Cr

Satisfied Charges

₹16.98 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 29.79 Cr
  • Others : 0.54 Cr

Latest Charge Details

Date Lender Amount Status
16 Mar 2024 Hdfc Bank Limited ₹29.79 Cr Open
09 Dec 2019 Others ₹5.43 M Open
04 Feb 2020 Others ₹1.81 Cr Satisfied
22 Jun 2010 State Bank Of India ₹15.17 Cr Satisfied

How Many Employees Work at Swastik Engitech?

Swastik Engitech has a workforce of 58 employees as of Apr 25, 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 Swastik Engitech, 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 Swastik Engitech'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 Swastik Engitech

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 29.79 Cr registered on 16 Mar 2024 with Charge ID 100889304 was modified on 01 May 2024.

    01 May 2024

  • Charges

    A charge registered on 22 Jun 2010 via Charge ID 10225308 with State Bank Of India was fully satisfied on 06 Apr 2024.

    06 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 29.79 Cr with Charge ID 100889304 was registered on 16 Mar 2024.

    16 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 04 Feb 2020 via Charge ID 100326938 with Others was fully satisfied on 25 Jul 2023.

    25 Jul 2023

  • Charges

    A charge with State Bank Of India of Rs. 15.17 Cr registered on 22 Jun 2010 with Charge ID 10225308 was modified on 01 Jul 2023.

    01 Jul 2023

Frequently asked questions

  • Swastik Engitech Private Limited was incorporated on 17 Mar 2010.

  • The authorized share capital of Swastik Engitech Private Limited is ₹ 1.15 Cr and paid-up capital is ₹ 1.14 Cr.

  • Currently 4 directors are associated with Swastik Engitech Private Limited.

    • Prashant Narendrakumar Bansal
    • Neelamben Pankajbhai Bansal
    • Ruby Prashant Kumar Bansal
    • Pankajbhai Narendrabhai Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Engitech Private Limited is Plot No 1/1A Survey No. 237/238 B/H Kishan Cement Nr Bhagwati Bright Bar S Ltd India, Shapar, Gujarat, 360024.

  • The corporate identification number (CIN) of Swastik Engitech Private Limited is U29100GJ2010PTC059908 and the company number is 059908 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swastik Engitech Private Limited is https://www.bansalpresses.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swastik Engitech Private Limited has risen by 20.51%.

  • As Per 2023 financial reports, 58 employees are currently employed by Swastik Engitech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swastik Engitech Private Limited has experienced an upsurge of 17.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swastik Engitech Private Limited amount to ₹ 30.33 Cr.

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