Switching Avo Electro Power Limited

Manufacturer and trader of electronic and solar products, providing intelligent power backup and banking solutions.

2004 | Kolkata, West Bengal (India) | Active
Last Updated:

Switching Avo Electro Power Profile

Key Indicators

  • Authorised Capital ₹ 1.51 Cr
  • Paid Up Capital ₹ 8.37 M
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.77 Cr
  • Satisfied Charges ₹ 22.46 Cr
  • Revenue Growth 36.82%
  • Profit Growth 95.44%
  • Ebitda 72.97%
  • Net Worth 35.70%
  • Total Assets 32.49%

About Switching Avo Electro Power

Switching Avo Electro Power Limited (SAEPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 2004 and has a history of 20 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.51 Cr and a paid-up capital of Rs 8.37 M.

The company currently has active open charges totaling ₹20.77 Cr. The company has closed loans amounting to ₹22.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Switching Avo Electro Power Limited India is Arun Yadav as COMPANY SECRETARY. Rabindra Agarwal, Surendra Agarwal, Anup Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U31200WB2004PLC098363

  • Company No.

    098363

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Electronics & Durables

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.

Company report

Switching Avo Electro Power Limited

Explore comprehensive data for Switching Avo Electro Power Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Switching Avo Electro Power?

Executive Team (2)

NameDesignationAppointment DateStatus
Rabindra Agarwal Country flag representing In Managing Director20-Apr-2004Current
Arun Yadav Company Secretary24-May-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Anup Agarwal Country flag representing In Director 20-Apr-2004Current
Surendra Agarwal Country flag representing In Whole-Time Director 20-Apr-2004Current
Sourav Agarwal Country flag representing In Director 13-Dec-2021Current
Swagata Sinhamahapatra Country flag representing In Director 13-Nov-2023Current
Ram Agarwal Country flag representing In Director 30-Mar-2015Current

Financial Performance 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%.

Switching Avo Electro Power revenue growth over time
Switching Avo Electro Power 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
36.82%
Revenue from Operations
35.72%
Total Assets
32.49%
Profit or Loss
95.44%
Net Worth
35.70%
EBITDA
72.97%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.77 Cr

Satisfied Charges

₹22.46 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 20.77 Cr

Latest Charge Details

DateLenderAmountStatus
14 Dec 2022City Union Bank Limited₹7.00 CrOpen
20 Nov 2022City Union Bank Limited₹2.70 MOpen
29 Oct 2022City Union Bank Limited₹3.50 CrOpen
15 Jul 2022City Union Bank Limited₹10.00 CrOpen
14 Mar 2022Hdfc Bank Limited₹4.99 CrSatisfied

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.

Employee growth trends for Switching Avo Electro Power Limited

Deals i

Graph showing company valuation over time

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

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 Switching Avo Electro Power

Recent activity within the organization

  • Charges

    A charge registered on 08 Jun 2021 via Charge ID 100449531 with City Union Bank Limited was fully satisfied on 08 Nov 2024.

  • Annual General Meeting

    Switching Avo Electro Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 14 Mar 2022 via Charge ID 100577639 with Hdfc Bank Limited was fully satisfied on 13 Sep 2024.

  • Director Appointment

    Arun Kumar Yadav was appointed as a Company Secretary was appointed as a Company Secretary on 24 May 2024 & has been associated with this company since 9 months 28 days .

  • Balance Sheet

    Switching Avo Electro Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Swagata Sinhamahapatra was appointed as a Director was appointed as a Director on 13 Nov 2023 & has been associated with this company since 1 year 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Switching Avo Electro Power Limited?

    Switching Avo Electro Power Limited was incorporated on 20 Apr 2004.

  • What is authorized share capital and paid-up capital of Switching Avo Electro Power Limited?

    The authorized share capital of Switching Avo Electro Power Limited is ₹ 1.51 Cr and paid-up capital is ₹ 8.37 M.

  • Who are the current board members & directors of Switching Avo Electro Power Limited?

    Currently 7 directors are associated with Switching Avo Electro Power Limited.

    • Rabindra Agarwal
    • Surendra Kumar Agarwal
    • Anup Kumar Agarwal
    • Arun Kumar Yadav
    • Sourav Agarwal
    • Swagata Sinhamahapatra
    • Ram Gopal Agarwal

  • What is the registered address of Switching Avo Electro Power Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Switching Avo Electro Power Limited is 97, Raja Rammohan Roy Road India, Kolkata, West Bengal, 700041.

  • What is the corporate identification number (CIN) and company number of Switching Avo Electro Power Limited?

    The corporate identification number (CIN) of Switching Avo Electro Power Limited is U31200WB2004PLC098363 and the company number is 098363 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Switching Avo Electro Power Limited?

    The Official website of Switching Avo Electro Power Limited is https://www.switchingavo.com

  • What has been the recent revenue trend for Switching Avo Electro Power Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Switching Avo Electro Power Limited has risen by 36.82%.

  • How many employees does Switching Avo Electro Power Limited currently have?

    As Per 2022 financial reports, 437 employees are currently employed by Switching Avo Electro Power Limited.

  • What change has been observed in the net worth of Switching Avo Electro Power Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Switching Avo Electro Power Limited has experienced an upsurge of 35.70%.

  • What are the total open charges for Switching Avo Electro Power Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Switching Avo Electro Power Limited amount to ₹ 20.77 Cr.

  • When was the last Balance Sheet of Switching Avo Electro Power Limited filed with the ROC?

    The most recent Balance Sheet for Switching Avo Electro Power Limited was filed with the ROC on 31 Mar 2024.

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