Switching Avo Electro Power Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 04-07-2024
- Paid Up Capital ₹ 8.05 M
as on 04-07-2024
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.23 Cr
as on 04-07-2024
- Satisfied Charges ₹ 13.00 Cr
as on 04-07-2024
- Revenue 36.82%
(FY 2022)
- Profit 95.44%
(FY 2022)
- Ebitda 72.97%
(FY 2022)
- Net Worth 35.70%
(FY 2022)
- Total Assets 32.49%
(FY 2022)
About Switching Avo Electro Power
The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 8.05 M.
The company currently has active open charges totaling ₹30.23 Cr. The company has closed loans amounting to ₹13.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rabindra Agarwal, Surendra Agarwal, Anup Agarwal, and Four other members serve as directors at the Company.
- CIN/LLPIN
U31200WB2004PLC098363
- Company No.
098363
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Apr 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
What products or services does Switching Avo Electro Power Limited offer?
Switching Avo Electro Power Limited offers a wide range of products and services, including Computer Hardware & Peripherals, Computer Parts, Environment Protection & Auditing, Environmental Consultants, Inverters, UPS and Converters, Online UPS, Construction Equipment Rentals, Material Handling Equipment Rental Service, UPS, Turnkey Consultants & Solutions.
Who are the key members and board of directors at Switching Avo Electro Power?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rabindra Agarwal  | Managing Director | 20-Apr-2004 | Current |
| Surendra Agarwal | Managing Director | 20-Apr-2004 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anup Agarwal | Director | 20-Apr-2004 | Current |
| Ram Agarwal | Director | 30-Mar-2015 | Current |
| Swagata Sinhamahapatra | Additional Director | 17-Jan-2024 | Current |
| Nitin Rungta | Director | 30-Mar-2015 | Current |
| Sourav Agarwal | Director | 13-Dec-2021 | Current |
Financial Performance and Corporate Structure Insights of Switching Avo Electro Power.
Switching Avo Electro Power Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.82% increase. The company also saw a substantial improvement in profitability, with a 95.44% increase in profit. The company's net worth Soared by an impressive increase of 35.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Switching Avo Electro Power?
In 2021, Switching Avo Electro Power had a promoter holding of 90.14% and a public holding of 9.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Avo Energy India Private LimitedActive 6 years 3 monthsAnup Agarwal and Sourav Agarwal are mutual person
Rc All-Tech Power Systems Private LimitedActive 26 years 7 monthsRabindra Agarwal is a mutual person
- Switching Circuits Private LimitedActive 26 years 11 months
Surendra Agarwal and Anup Agarwal are mutual person
- Pariwar Developers & Traders Private LimitedActive 27 years 5 months
Surendra Agarwal is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
City Union Bank Limited Creation Date: 14 Dec 2022 | ₹7.00 Cr | Open |
City Union Bank Limited Creation Date: 20 Nov 2022 | ₹2.70 M | Open |
City Union Bank Limited Creation Date: 29 Oct 2022 | ₹3.50 Cr | Open |
How Many Employees Work at Switching Avo Electro Power?
Switching Avo Electro Power has a workforce of 437 employees as of Mar 29, 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 Switching Avo Electro Power, 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 Switching Avo Electro Power'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.
