Swati Switchgears (India) Private Limited logo

Swati Switchgears (India) Private Limited

Designing and manufacturing electrical panels and control systems for various industries.
1993 | Ahmedabad, Gujarat (India) | Active

Last Updated:

November 17, 2024
HomeCompanySwati Switchgears (India) Private Limited

Who are the key members and board of directors at Swati Switchgears (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Vikram Shah InManaging Director18-Oct-1993Current

Board Members(2)

NameDesignationAppointment DateStatus
Keval Shah In Director 01-Jul-2010Current
Unnatiben Shah In Director 18-Oct-1993Current

Financial Performance of Swati Switchgears (India).

Swati Switchgears (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.59% increase. The company also saw a substantial improvement in profitability, with a 85.86% increase in profit. The company's net worth moved up by a moderate rise of 7.19%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
33.59%
Revenue from Operations
34.06%
Total Assets
5.96%
Profit or Loss
85.86%
Net Worth
7.19%
EBITDA
38.55%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹509.15 M

₹617.95 M

LenderAmountStatus

Others

Creation Date: 18 Mar 2024
₹0.70 MOpen

Others

Creation Date: 29 Dec 2023
₹25.00 CrOpen

Others

Creation Date: 29 May 2023
₹0.61 MOpen

How Many Employees Work at Swati Switchgears (India)?

Swati Switchgears (India) has a workforce of 32 employees as of Apr 05, 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.

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Latest Updates, News, and FAQs on Swati Switchgears (India)

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Swati Switchgears (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.70 M with Charge ID 100939227 was registered on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 250.00 M with Charge ID 100861196 was registered on 29 Dec 2023.

    29 Dec 2023

  • Charges

    A charge registered on 23 Oct 2015 via Charge ID 10607632 with The Ahmedabad Mercantile Co-Operative Bank Limited was fully satisfied on 06 Jun 2023.

    06 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 0.61 M with Charge ID 100734890 was registered on 29 May 2023.

    29 May 2023

Frequently asked questions

  • Swati Switchgears (India) Private Limited was incorporated on 18 Oct 1993.

  • The authorized share capital of Swati Switchgears (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.80 M.

  • Currently 3 directors are associated with Swati Switchgears (India) Private Limited.

    • Vikram Parmanand Shah
    • Keval Vikram Shah
    • Unnatiben Vikrambhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swati Switchgears (India) Private Limited is 36 Shubhlaxmi Indl.Estate Opp.Saket Indl.Estate Sarkhej-Bavla Highway, Vill.Moraiya India, Changadorahmedabad, Gujarat, 382210.

  • The corporate identification number (CIN) of Swati Switchgears (India) Private Limited is U31109GJ1993PTC020457 and the company number is 020457 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swati Switchgears (India) Private Limited is https://www.swatiswitchgears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swati Switchgears (India) Private Limited has risen by 33.59%.

  • As Per 2023 financial reports, 32 employees are currently employed by Swati Switchgears (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swati Switchgears (India) Private Limited has experienced an upsurge of 7.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swati Switchgears (India) Private Limited amount to ₹ 50.91 Cr.

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

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