Swastik Power Electronics (India) Private Limited

Manufactures power control systems for various industries and institutions.

2002 | Thane, Maharashtra (India) | Active
Last Updated: December 13, 2024

Swastik Power Electronics (India) Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.10 M
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.05 Cr
  • Satisfied Charges ₹ 5.66 Cr
  • Revenue Growth 15.77%
  • Profit Growth -32.48%
  • Ebitda 13.59%
  • Net Worth 1.53%
  • Total Assets 6.30%

About Swastik Power Electronics (India)

Swastik Power Electronics (India) Private Limited (SPEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 September 2002 and has a history of 22 years and four months. Its registered office is in Thane, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 6.10 M.

The company currently has active open charges totaling ₹2.05 Cr. The company has closed loans amounting to ₹5.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chhaya Amare, Jyoti Amare, Prashant Amare, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909MH2002PTC137121

  • Company No.

    137121

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Swastik Power Electronics (India) Private Limited offer?

Swastik Power Electronics (India) Private Limited offers a wide range of products and services, including Sensors & Transducers, Optical Sensors, Solar & Renewable Energy Products, Solar Water Heater Tubes & Accessories, Electrical & Electronic Test Devices, Battery Tester, Welding Equipments & Machinery, Electric Welding Machine, Voltage & Power Stabilizers, Voltage Stabilizers.

Who are the key members and board of directors at Swastik Power Electronics (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Prashant Amare Country flag representing In Director 09-Sep-2002Current
Chhaya Amare Country flag representing In Director 01-May-2005Current
Jyoti Amare Country flag representing In Director 01-May-2005Current
Nitant Amare Director 02-Jan-2023Current

Financial Performance of Swastik Power Electronics (India).

Swastik Power Electronics (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.77% increase. The company also saw a substantial fall in profitability, with a 32.48% decrease in profit. The company's net worth moved up by a moderate rise of 1.53%.

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
15.77%
Revenue from Operations
15.69%
Total Assets
6.30%
Profit or Loss
-32.48%
Net Worth
1.53%
EBITDA
13.59%

What is the Ownership and Shareholding Structure of Swastik Power Electronics (India)?

In 2022, Swastik Power Electronics (India) had a promoter holding of 98.44% and a public holding of 1.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.55 M

Satisfied Charges

₹56.58 M

Charges Breakdown by Lending Institutions

  • Others : 1.49 Cr
  • Tata Capital Housing Finance Limited : 0.56 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jan 2022Others₹6.20 MOpen
20 Jun 2020Tata Capital Housing Finance Limited₹5.65 MOpen
22 Jun 2011Others₹8.70 MOpen
31 Jan 2012Bank Of Baroda₹1.62 CrSatisfied
22 Jun 2011Bank Of Baroda₹2.20 MSatisfied

How Many Employees Work at Swastik Power Electronics (India)?

Unlock and access historical data on people associated with Swastik Power Electronics (India), 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 Swastik Power Electronics (India), 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 Power Electronics (India)'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 Power Electronics (India)

Recent activity within the organization

  • Annual General Meeting

    Swastik Power Electronics (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Swastik Power Electronics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Nitant Shyam Amare was appointed as a Director was appointed as a Director on 02 Jan 2023 & has been associated with this company since 2 years 28 days .

    02 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 6.20 M with Charge ID 100578948 was registered on 01 Jan 2022.

    01 Jan 2022

  • Charges

    A charge with Tata Capital Housing Finance Limited amounted to Rs. 5.65 M with Charge ID 100351137 was registered on 20 Jun 2020.

    20 Jun 2020

  • Charges

    A charge registered on 31 Jan 2012 via Charge ID 10335051 with Bank Of Baroda was fully satisfied on 27 Feb 2019.

    27 Feb 2019

Frequently asked questions

  • Swastik Power Electronics (India) Private Limited was incorporated on 09 Sep 2002.

  • The authorized share capital of Swastik Power Electronics (India) Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.10 M.

  • Currently 4 directors are associated with Swastik Power Electronics (India) Private Limited.

    • Chhaya Shyam Amare
    • Jyoti Prashant Amare
    • Prashant Vinayak Amare
    • Nitant Shyam Amare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Power Electronics (India) Private Limited is Dharani Arcade 1302 Gr Flr Opp Anjurphata Octroi Naka Rahanal Village Bhiwandi, Dandeka Rwad India, Thane, Maharashtra, 421302.

  • The corporate identification number (CIN) of Swastik Power Electronics (India) Private Limited is U31909MH2002PTC137121 and the company number is 137121 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swastik Power Electronics (India) Private Limited is https://www.swastikpower.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Swastik Power Electronics (India) Private Limited has risen by 15.77%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Swastik Power Electronics (India) Private Limited has experienced an upsurge of 1.53%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Swastik Power Electronics (India) Private Limited amount to ₹ 2.05 Cr.

  • The most recent Balance Sheet for Swastik Power Electronics (India) Private Limited was filed with the ROC on 31 Mar 2023.

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