Ultima Switchgears Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.92 Cr
- Company Age 28 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 26.00 Cr
- Satisfied Charges ₹ 22.84 Cr
- Revenue Growth -11.57%
- Profit Growth -6.83%
- Ebitda -41.94%
- Net Worth 13.44%
- Total Assets 39.53%
About Ultima Switchgears
Ultima Switchgears Limited (USL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 January 1997 and has a history of 28 years and two months. Its registered office is in Delhi, India.
The Corporate was formerly known as Ultima Switchgears Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.92 Cr.
The company currently has active open charges totaling ₹26.00 Cr. The company has closed loans amounting to ₹22.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vandana Parmar, Dharamvir Parmar, Dharna Khosla, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32109DL1997PLC084513
- Company No.
084513
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Jan 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Energy and Power
What products or services does Ultima Switchgears Limited offer?
Ultima Switchgears Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Distribution Box, Breaker Panels, Relay Panels, Cables & Wiring Components, Power Insulator, High Voltage Circuit Breakers, High Voltage Electrical Isolator, Electric Control Panel, APFC Panels.
Ultima Switchgears Limited
Explore comprehensive data for Ultima Switchgears Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ultima Switchgears?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharamvir Parmar  | Managing Director | 10-Sep-2011 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vandana Parmar | Whole-Time Director | 10-May-2004 | Current |
| Dharna Khosla | Whole-Time Director | 21-Jun-2003 | Current |
| Vanshdeep Parmar | Whole-Time Director | 25-Jun-2020 | Current |
Financial Performance of Ultima Switchgears.
Ultima Switchgears Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 11.57% decrease. The company also saw a slight decrease in profitability, with a 6.83% decrease in profit. The company's net worth Soared by an impressive increase of 13.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ultima Switchgears?
In 2024, Ultima Switchgears had a promoter holding of 61.23% and a public holding of 38.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Focus Infrabuild LimitedVandana Parmar, Dharamvir Parmar and 2 more are mutual person
Charges (Loans)
Open Charges
₹26.00 Cr
Satisfied Charges
₹22.84 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 26.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2021 | Karnataka Bank Ltd. | ₹26.00 Cr | Open |
| 13 Jul 2021 | Karnataka Bank Ltd. | ₹8.00 M | Satisfied |
| 27 Oct 2017 | Vijaya Bank | ₹1.13 M | Satisfied |
| 22 Mar 2013 | Vijaya Bank | ₹2.50 Cr | Satisfied |
| 29 Oct 2012 | Vijaya Bank | ₹9.30 M | Satisfied |
How Many Employees Work at Ultima Switchgears?
Ultima Switchgears has a workforce of 51 employees as of Mar 10, 2025. 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 Ultima Switchgears, 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 Ultima Switchgears'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 Ultima Switchgears
Recent activity within the organization
- Charges
A charge with Karnataka Bank Ltd. of Rs. 26.00 Cr registered on 21 Jan 2021 with Charge ID 100416539 was modified on 23 Jan 2025.
- Annual General Meeting
Ultima Switchgears Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Ultima Switchgears Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 13 Jul 2021 via Charge ID 100466567 with Karnataka Bank Ltd. was fully satisfied on 03 Feb 2023.
- Charges
A charge registered on 27 Oct 2017 via Charge ID 100135799 with Vijaya Bank was fully satisfied on 29 Sep 2021.
- Charges
A charge registered on 22 Mar 2013 via Charge ID 10420363 with Vijaya Bank was fully satisfied on 29 Sep 2021.
Frequently asked questions
What is the Incorporation or founding date of Ultima Switchgears Limited?
Ultima Switchgears Limited was incorporated on 16 Jan 1997.
What is authorized share capital and paid-up capital of Ultima Switchgears Limited?
The authorized share capital of Ultima Switchgears Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.92 Cr.
Who are the current board members & directors of Ultima Switchgears Limited?
Currently 4 directors are associated with Ultima Switchgears Limited.
- Vandana Parmar
- Dharamvir Parmar
- Dharna Khosla
- Vanshdeep Parmar
What is the registered address of Ultima Switchgears Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ultima Switchgears Limited is B-3 (Basement) Dda Local Shopping Complex Mayur Vihar, Phase -I India, Delhi, 110091.
What is the corporate identification number (CIN) and company number of Ultima Switchgears Limited?
The corporate identification number (CIN) of Ultima Switchgears Limited is U32109DL1997PLC084513 and the company number is 084513 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ultima Switchgears Limited?
The Official website of Ultima Switchgears Limited is https://www.ultimaswitchgear.com
What has been the recent revenue trend for Ultima Switchgears Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Ultima Switchgears Limited has fallen by -11.57%.
How many employees does Ultima Switchgears Limited currently have?
As Per 2024 financial reports, 51 employees are currently employed by Ultima Switchgears Limited.
What change has been observed in the net worth of Ultima Switchgears Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Ultima Switchgears Limited has experienced an upsurge of 13.44%.
What are the total open charges for Ultima Switchgears Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Ultima Switchgears Limited amount to ₹ 26.00 Cr.
When was the last Balance Sheet of Ultima Switchgears Limited filed with the ROC?
The most recent Balance Sheet for Ultima Switchgears Limited was filed with the ROC on 31 Mar 2024.
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