Switchgear And Control Technics Private Limited

Manufactures electrical switchboards and panels for various clients.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Switchgear And Control Technics Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 28.81 Cr
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.88 Cr
  • Revenue Growth 100.85%
  • Profit Growth 46.94%
  • Ebitda 52.65%
  • Net Worth -4.11%
  • Total Assets 9.84%

About Switchgear And Control Technics

Switchgear And Control Technics Private Limited (SACTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 2004 and has a history of 20 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Energy And Power 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 32.00 Cr and a paid-up capital of Rs 28.81 Cr.

The company currently has active open charges totaling ₹27.88 Cr.

The Key Managerial Personnel (KMP) at Switchgear And Control Technics Private Limited India are Reema Katakia as Company Secretary, Daksheish Mehta as Ceo, and Shekarshetty Harshith as Cfo. Shekarshetty Harshith and Daksheish Mehta serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109KA2004PTC033356

  • Company No.

    033356

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Switchgear And Control Technics Private Limited offer?

Switchgear And Control Technics Private Limited offers a wide range of products and services, including Electric Control Panel.

Who are the key members and board of directors at Switchgear And Control Technics?

Executive Team (3)

Name Designation Appointment Date Status
Reema Katakia Company Secretary 10-Jan-2017 Current
Daksheish Mehta CEO 17-Sep-2024 Current
Shekarshetty Harshith CFO 18-Sep-2024 Current

Board Members (1)

Name Designation Appointment Date Status
Shekarshetty Harshith Country flag representing In Whole-Time Director 01-Aug-2022 Current

Financial Performance of Switchgear And Control Technics.

Switchgear And Control Technics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 100.85% increase. The company also saw a substantial improvement in profitability, with a 46.94% increase in profit. The company's net worth dipped by a decrease of 4.11%.

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
100.85%
Revenue from Operations
100.64%
Total Assets
9.84%
Profit or Loss
46.94%
Net Worth
-4.11%
EBITDA
52.65%

What is the Ownership and Shareholding Structure of Switchgear And Control Technics?

In 2023, Switchgear And Control Technics 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)

Open Charges

₹27.88 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 27.88 Cr

Latest Charge Details

Date Lender Amount Status
29 Apr 2011 Indian Overseas Bank ₹27.88 Cr Open

How Many Employees Work at Switchgear And Control Technics?

Switchgear And Control Technics has a workforce of 131 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Switchgear And Control Technics, 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 Switchgear And Control Technics'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 Switchgear And Control Technics

Recent activity within the organization

  • Director Appointment

    Shekarshetty Harshith was appointed as a Cfo was appointed as a Cfo on 18 Sep 2024 & has been associated with this company since 4 months 22 days .

    18 Sep 2024

  • Director Appointment

    Daksheish Sobhagyachand Mehta was appointed as a Ceo was appointed as a Ceo on 17 Sep 2024 & has been associated with this company since 4 months 23 days .

    17 Sep 2024

  • Charges

    A charge with Indian Overseas Bank of Rs. 27.88 Cr registered on 29 Apr 2011 with Charge ID 10285429 was modified on 28 Nov 2023.

    28 Nov 2023

  • Annual General Meeting

    Switchgear And Control Technics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Switchgear And Control Technics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Shekarshetty Harshith was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Aug 2022 & has been associated with this company since 2 years 6 months .

    01 Aug 2022

Frequently asked questions

  • Switchgear And Control Technics Private Limited was incorporated on 12 Feb 2004.

  • The authorized share capital of Switchgear And Control Technics Private Limited is ₹ 32.00 Cr and paid-up capital is ₹ 28.81 Cr.

  • Currently 5 directors are associated with Switchgear And Control Technics Private Limited.

    • Shekarshetty Harshith
    • Reema Anuj Katakia
    • Daksheish Sobhagyachand Mehta
    • Shekarshetty Harshith
    • Daksheish Sobhagyachand Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Switchgear And Control Technics Private Limited is Plot No. 152 Bommansandraindul Are Anekal Taluk, India, Bangalore., Karnataka, 560099.

  • The corporate identification number (CIN) of Switchgear And Control Technics Private Limited is U40109KA2004PTC033356 and the company number is 033356 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Switchgear And Control Technics Private Limited is https://www.switchgear.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Switchgear And Control Technics Private Limited has risen by 100.85%.

  • As Per 2023 financial reports, 131 employees are currently employed by Switchgear And Control Technics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Switchgear And Control Technics Private Limited has experienced an downturn of -4.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Switchgear And Control Technics Private Limited amount to ₹ 27.88 Cr.

  • The most recent Balance Sheet for Switchgear And Control Technics Private Limited was filed with the ROC on 31 Mar 2023.

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