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.
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 |
| Arun Yadav | Company Secretary | 24-May-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anup Agarwal | Director | 20-Apr-2004 | Current |
| Surendra Agarwal | Whole-Time Director | 20-Apr-2004 | Current |
| Sourav Agarwal | Director | 13-Dec-2021 | Current |
| Swagata Sinhamahapatra | Director | 13-Nov-2023 | Current |
| Ram Agarwal | Director | 30-Mar-2015 | Current |
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%.
- 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 LimitedAnup Agarwal and Sourav Agarwal are mutual person
Alpinia Biopharma Reema Private LimitedAnup Agarwal is a mutual person
Rc All-Tech Power Systems Private LimitedRabindra Agarwal is a mutual person
- Pariwar Developers & Traders Private Limited
Surendra Agarwal is a mutual person
- Epoch Innova Private Limited
Surendra Agarwal is a mutual person
- Balaji Abode Private Limited
Sourav Agarwal is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2022 | City Union Bank Limited | ₹7.00 Cr | Open |
| 20 Nov 2022 | City Union Bank Limited | ₹2.70 M | Open |
| 29 Oct 2022 | City Union Bank Limited | ₹3.50 Cr | Open |
| 15 Jul 2022 | City Union Bank Limited | ₹10.00 Cr | Open |
| 14 Mar 2022 | Hdfc Bank Limited | ₹4.99 Cr | Satisfied |
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.
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 10 months 4 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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