Switch Mobility Private Limited

Manufactures and sells electric vehicles and bicycles, along with related accessories and services.

2019 | Bengaluru, Karnataka (India) | Active
Last Updated: June 16, 2024

Switch Mobility Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -409.48%
  • Ebitda -412.99%
  • Net Worth -1914.29%
  • Total Assets -35.59%

About Switch Mobility

Switch Mobility Private Limited (SMPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 June 2019 (Five years and eight months 20 days old ). Its registered office is in Bengaluru, Karnataka, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Kadiamada Aiyappa, Vinay Sharma, Basappa Ranjit, and One other member serve as directors at the Company.

Company Details

  • Location

    Bengaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    switchmobility.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909KA2019PTC124998

  • Company No.

    124998

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Switch Mobility?

Board Members (4)

NameDesignationAppointment DateStatus
Vinay Sharma Country flag representing In Director 07-Jun-2019Current
Kadiamada Aiyappa Country flag representing In Director 29-Dec-2022Current
Basappa Ranjit Country flag representing In Director 07-Jun-2019Current
Naliyanda Muthanna Country flag representing In Director 07-Jun-2019Current

Financial Performance of Switch Mobility.

Switch Mobility Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 409.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1914.29%.

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
Revenue from Operations
Total Assets
-35.59%
Profit or Loss
-409.48%
Net Worth
-1914.29%
EBITDA
-412.99%

What is the Ownership and Shareholding Structure of Switch Mobility?

In 2023, Switch Mobility had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Switch Mobility?

Unlock and access historical data on people associated with Switch Mobility, 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 Switch Mobility, 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'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 Switch Mobility

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Switch Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Kadiamada Poonacha Shravan Aiyappa was appointed as a Director was appointed as a Director on 29 Dec 2022 & has been associated with this company since 2 years 1 month .

    29 Dec 2022

  • Director Appointment

    Vinay Manjunath Sharma was appointed as a Director was appointed as a Director on 07 Jun 2019 & has been associated with this company since 5 years 8 months .

    07 Jun 2019

  • Director Appointment

    Basappa Chandra Shekar Ranjit was appointed as a Director was appointed as a Director on 07 Jun 2019 & has been associated with this company since 5 years 8 months .

    07 Jun 2019

  • Director Appointment

    Naliyanda Kaverappa Vineeth Muthanna was appointed as a Director was appointed as a Director on 07 Jun 2019 & has been associated with this company since 5 years 8 months .

    07 Jun 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Switch Mobility Private Limited was incorporated on 07 Jun 2019.

  • The authorized share capital of Switch Mobility Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Switch Mobility Private Limited.

    • Kadiamada Poonacha Shravan Aiyappa
    • Vinay Manjunath Sharma
    • Basappa Chandra Shekar Ranjit
    • Naliyanda Kaverappa Vineeth Muthanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Switch Mobility Private Limited is 403 B-Block 3Rd Main 3Rd Cross Aecs Lyt, Bengaluru, Karnataka, India, 560037.

  • The corporate identification number (CIN) of Switch Mobility Private Limited is U31909KA2019PTC124998 and the company number is 124998 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Switch Mobility Private Limited is https://www.switchmobility.in

  • The financial reports for the fiscal year 2023 indicates that The net worth of Switch Mobility Private Limited has experienced an downturn of -1914.29%.

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