Ultima Switchgears Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.92 Cr
- Company Age 28 Year, 23 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 22.00 Cr
- Satisfied Charges ₹ 22.84 Cr
- Revenue Growth 78.76%
- Profit Growth 209.26%
- Ebitda 113.11%
- Net Worth 17.20%
- Total Assets -1.11%
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. Its registered office is in Delhi, India.
The Corporate was formerly known as Ultima Switchgears & Project Pvt Ltd. 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 ₹22.00 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
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U32109DL1997PLC084513
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Company No.
084513
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
16 Jan 1997
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
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.
Who are the key members and board of directors at Ultima Switchgears?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharamvir Parmar
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Managing Director | 10-Sep-2011 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vandana Parmar
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Whole-Time Director | 10-May-2004 | Current |
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Dharna Khosla
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Whole-Time Director | 21-Jun-2003 | Current |
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Vanshdeep Parmar
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Whole-Time Director | 25-Jun-2020 | Current |
Financial Performance of Ultima Switchgears.
Ultima Switchgears Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.76% increase. The company also saw a substantial improvement in profitability, with a 209.26% increase in profit. The company's net worth Soared by an impressive increase of 17.2%.
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What is the Ownership and Shareholding Structure of Ultima Switchgears?
In 2023, Ultima Switchgears had a promoter holding of 60.20% and a public holding of 39.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Focus Infrabuild LimitedVandana Parmar, Dharamvir Parmar and 2 more are mutual person
Charges (Loans)
₹22.00 Cr
₹22.84 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 22.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2021 | Karnataka Bank Ltd. | ₹22.00 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 34 employees as of Apr 09, 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 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.
