Switch My Loan Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.11 M
- Company Age 4 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 Cr
- Revenue Growth 325.22%
- Profit Growth 4433.48%
- Ebitda 1254.19%
- Net Worth 6057.37%
- Total Assets 496.99%
About Switch My Loan
Switch My Loan Private Limited (SMLPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 22 March 2021 (Four years and one month 22 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Financial Services 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 2.00 M and a paid-up capital of Rs 0.11 M.
The company currently has active open charges totaling ₹1.50 Cr.
The Key Managerial Personnel (KMP) at Switch My Loan Private Limited India is Himanshu Panchmatiya as CEO. Himanshu Panchmatiya, Hemali Bhatt, Raj Kariya, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67110MH2021PTC357625
- Company No.
357625
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Mar 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Switch My Loan Private Limited
Explore comprehensive data for Switch My Loan Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Switch My Loan?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chintan Panchmatiya  | Managing Director | 22-Mar-2021 | Current |
| Himanshu Panchmatiya | CEO | 01-Jan-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hemali Bhatt | Director | 22-Mar-2021 | Current |
| Raj Kariya | Director | 22-Mar-2021 | Current |
Financial Performance of Switch My Loan.
Switch My Loan Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 325.22% increase. The company also saw a substantial improvement in profitability, with a 4433.48% increase in profit. The company's net worth Soared by an impressive increase of 6057.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Switch My Loan?
In 2023, Switch My Loan had a public holding of 3.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹15.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2023 | Others | ₹1.50 Cr | Open |
How Many Employees Work at Switch My Loan?
Switch My Loan has a workforce of 151 employees as of Apr 07, 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 My Loan, 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 My Loan'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.
Latest Updates, News, and FAQs on Switch My Loan
Recent activity within the organization
- Annual General Meeting
Switch My Loan Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Switch My Loan Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others of Rs. 15.00 M registered on 30 Jan 2023 with Charge ID 100676753 was modified on 31 Oct 2023.
- Charges
A charge with Others amounted to Rs. 15.00 M with Charge ID 100676753 was registered on 30 Jan 2023.
- Director Appointment
Himanshu Yogesh Panchmatiya was appointed as a Director was appointed as a Director on 10 Jan 2022 & has been associated with this company since 3 years 4 months .
- Director Appointment
Himanshu Yogesh Panchmatiya was appointed as a Ceo was appointed as a Ceo on 01 Jan 2022 & has been associated with this company since 3 years 4 months .
Recent News, Updates & Announcement
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Frequently asked questions
What is the Incorporation or founding date of Switch My Loan Private Limited?
Switch My Loan Private Limited was incorporated on 22 Mar 2021.
What is authorized share capital and paid-up capital of Switch My Loan Private Limited?
The authorized share capital of Switch My Loan Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.11 M.
Who are the current board members & directors of Switch My Loan Private Limited?
Currently 5 directors are associated with Switch My Loan Private Limited.
- Himanshu Yogesh Panchmatiya
- Himanshu Yogesh Panchmatiya
- Hemali Yomesh Bhatt
- Raj Satish Kariya
- Chintan Yogesh Panchmatiya
What is the registered address of Switch My Loan Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Switch My Loan Private Limited is A/702 Akshita Avenue Holy Cross Road Borivali West, Ic Colony India, Mumbai, Maharashtra, 400103.
What is the corporate identification number (CIN) and company number of Switch My Loan Private Limited?
The corporate identification number (CIN) of Switch My Loan Private Limited is U67110MH2021PTC357625 and the company number is 357625 as per Ministry of Corporate Affairs (MCA).
What is the official website of Switch My Loan Private Limited?
The Official website of Switch My Loan Private Limited is https://www.switchmyloan.in
What has been the recent revenue trend for Switch My Loan Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Switch My Loan Private Limited has risen by 325.22%.
How many employees does Switch My Loan Private Limited currently have?
As Per 2023 financial reports, 151 employees are currently employed by Switch My Loan Private Limited.
What change has been observed in the net worth of Switch My Loan Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Switch My Loan Private Limited has experienced an upsurge of 6057.37%.
What are the total open charges for Switch My Loan Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Switch My Loan Private Limited amount to ₹ 1.50 Cr.
When was the last Balance Sheet of Switch My Loan Private Limited filed with the ROC?
The most recent Balance Sheet for Switch My Loan Private Limited was filed with the ROC on 31 Mar 2024.
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