Switch Mobility Automotive Profile
Key Indicators
- Authorised Capital ₹ 431.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 354.40 Cr
as on 16-11-2024
- Company Age 3 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 909.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 182.00 Cr
as on 16-11-2024
- Revenue 1693.89%
(FY 2023)
- Profit -334.16%
(FY 2023)
- Ebitda -190.84%
(FY 2023)
- Net Worth 211.25%
(FY 2023)
- Total Assets 193.13%
(FY 2023)
About Switch Mobility Automotive
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 431.00 Cr and a paid-up capital of Rs 354.40 Cr.
The company currently has active open charges totaling ₹909.00 Cr. The company has closed loans amounting to ₹182.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Switch Mobility Automotive Limited India are Lalit Malik as Cfo, Mr Babu as Ceo, and Gokul Cherukara as Company Secretary. Dheeraj Hinduja, Aditya Sapru, Gopal Mahadevan, and Three other members serve as directors at the Company.
- CIN/LLPIN
U34300TN2020PLC140385
- Company No.
140385
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Dec 2020
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Switch Mobility Automotive?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lalit Malik | CFO | 21-Feb-2024 | Current |
Mr Babu  | CEO | 30-Dec-2021 | Current |
| Gokul Cherukara | Company Secretary | 20-Dec-2021 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkataramani Sumantran | Director | 04-Apr-2022 | Current |
| Manju Agarwal | Director | 04-Apr-2022 | Current |
| Gopal Mahadevan | Director | 28-Dec-2020 | Current |
Dheeraj Hinduja  | Director | 04-Apr-2022 | Current |
| Aditya Sapru | Director | 18-Jul-2022 | Current |
| Mahesh Subramanian | Director and Ceo | 04-Oct-2021 | Current |
Financial Performance and Corporate Structure Insights of Switch Mobility Automotive.
Switch Mobility Automotive Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1693.89% increase. The company also saw a substantial fall in profitability, with a 334.16% decrease in profit. The company's net worth Soared by an impressive increase of 211.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Switch Mobility Automotive?
In 2023, Switch Mobility Automotive had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Greaves Electric Mobility Private LimitedActive 16 years 6 monthsVenkataramani Sumantran is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 19 Sep 2024 | ₹240.00 Cr | Open |
Yes Bank Limited Creation Date: 29 Mar 2024 | ₹150.00 Cr | Open |
Others Creation Date: 20 Jan 2023 | ₹434.50 Cr | Open |
How Many Employees Work at Switch Mobility Automotive?
Switch Mobility Automotive has a workforce of 284 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Switch Mobility Automotive, 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 Switch Mobility Automotive's trajectory.
Rating
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
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.
