Swift Electrocomp Solutions Private Limited

Electronic component distribution company with nationwide presence and global sourcing capabilities.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Swift Electrocomp Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.75 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.60 Cr
  • Revenue Growth 147.37%
  • Profit Growth -44.06%
  • Ebitda -28.36%
  • Net Worth 3.32%
  • Total Assets 84.51%

About Swift Electrocomp Solutions

Swift Electrocomp Solutions Private Limited (SESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2010 and has a history of 14 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Trading 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 2.00 Cr and a paid-up capital of Rs 9.75 M.

The company currently has active open charges totaling ₹1.60 Cr.

Muniswamyreddy Venugopala, Sukumar Vinodh, Indira Vishwanath, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    swiftelectrocomp.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50401KA2010PTC054831

  • Company No.

    054831

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Trading

What products or services does Swift Electrocomp Solutions Private Limited offer?

Swift Electrocomp Solutions Private Limited offers a wide range of products and services, including Metallurgical & Lab Microscopes, Digital Microscope, Drills, Grinders, Saws & Power Tools, Electric Screwdrivers & Impact Wrenches, Electric Circuit Components & Spares, Electronic Components, Office Stationery & Calculator, Tape Dispensers, Clean Room Equipment, Shoe Cover Dispenser.

Who are the key members and board of directors at Swift Electrocomp Solutions?

Board Members (4)

Name Designation Appointment Date Status
Muniswamyreddy Venugopala Country flag representing In Director 10-Jun-2022 Current
Sukumar Vinodh Country flag representing In Director 30-Sep-2023 Current
Indira Vishwanath Country flag representing In Director 01-Dec-2021 Current
Hosadurga Vishwanath Country flag representing In Director 18-Aug-2010 Current

Financial Performance of Swift Electrocomp Solutions.

Swift Electrocomp Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 147.37% increase. The company also saw a substantial fall in profitability, with a 44.06% decrease in profit. The company's net worth moved up by a moderate rise of 3.32%.

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
147.37%
Revenue from Operations
148.67%
Total Assets
84.51%
Profit or Loss
-44.06%
Net Worth
3.32%
EBITDA
-28.36%

What is the Ownership and Shareholding Structure of Swift Electrocomp Solutions?

In 2023, Swift Electrocomp Solutions had a promoter holding of 57.44% and a public holding of 42.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.60 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.60 Cr

Latest Charge Details

Date Lender Amount Status
18 Aug 2011 Others ₹1.60 Cr Open

How Many Employees Work at Swift Electrocomp Solutions?

Unlock and access historical data on people associated with Swift Electrocomp Solutions, 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 Swift Electrocomp Solutions, 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 Swift Electrocomp Solutions'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 Swift Electrocomp Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Sukumar Vinodh was appointed as a Director was appointed as a Director on 30 Sep 2023 & has been associated with this company since 1 year 4 months .

    30 Sep 2023

  • Balance Sheet

    Swift Electrocomp Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 1.60 Cr registered on 18 Aug 2011 with Charge ID 10304250 was modified on 30 Sep 2022.

    30 Sep 2022

  • Director Appointment

    Muniswamyreddy Venugopala was appointed as a Director was appointed as a Director on 10 Jun 2022 & has been associated with this company since 2 years 8 months .

    10 Jun 2022

  • Director Appointment

    Indira Vishwanath was appointed as a Director was appointed as a Director on 01 Dec 2021 & has been associated with this company since 3 years 2 months .

    01 Dec 2021

Frequently asked questions

  • Swift Electrocomp Solutions Private Limited was incorporated on 18 Aug 2010.

  • The authorized share capital of Swift Electrocomp Solutions Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 9.75 M.

  • Currently 4 directors are associated with Swift Electrocomp Solutions Private Limited.

    • Muniswamyreddy Venugopala
    • Sukumar Vinodh
    • Indira Vishwanath
    • Hosadurga Ashwathanarayana Rao Vishwanath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swift Electrocomp Solutions Private Limited is Gayatri Complex No.151 2Nd Floor Mallathalli Main Road Iti Layout Jnanabharathi War D, India, Bengaluru, Karnataka, 560056.

  • The corporate identification number (CIN) of Swift Electrocomp Solutions Private Limited is U50401KA2010PTC054831 and the company number is 054831 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swift Electrocomp Solutions Private Limited is https://www.swiftelectrocomp.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swift Electrocomp Solutions Private Limited has risen by 147.37%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swift Electrocomp Solutions Private Limited has experienced an upsurge of 3.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swift Electrocomp Solutions Private Limited amount to ₹ 1.60 Cr.

  • The most recent Balance Sheet for Swift Electrocomp Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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