Victor Switch Gear Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.21 Cr
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 56.11 Cr
- Satisfied Charges ₹ 51.98 Cr
- Revenue Growth -49.58%
- Profit Growth -3.23%
- Ebitda -22.56%
- Net Worth -1.45%
- Total Assets 6.96%
About Victor Switch Gear
Victor Switch Gear Private Limited (VSGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 June 2005 and has a history of 19 years and eight months. Its registered office is in Nashik, Maharashtra, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.21 Cr.
The company currently has active open charges totaling ₹56.11 Cr. The company has closed loans amounting to ₹51.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nitish Shastri and Anjali Shastri serve as directors at the Company.
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31909MH2005PTC154156
- Company No.
154156
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jun 2005
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Victor Switch Gear?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitish Shastri  | Director | 22-Jun-2005 | Current |
| Anjali Shastri | Director | 01-Feb-2006 | Current |
Financial Performance of Victor Switch Gear.
Victor Switch Gear Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 49.58% decrease. The company also saw a slight decrease in profitability, with a 3.23% decrease in profit. The company's net worth dipped by a decrease of 1.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Victor Switch Gear?
In 2020, Victor Switch Gear had a promoter holding of 76.94% and a public holding of 23.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹56.11 Cr
₹51.98 Cr
Charges Breakdown by Lending Institutions
- Others : 40.88 Cr
- Yes Bank Limited : 15.00 Cr
- Edelweiss Retail Finance Limited : 0.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2020 | Others | ₹0.14 M | Open |
| 04 Oct 2019 | Yes Bank Limited | ₹15.00 Cr | Open |
| 02 Jul 2019 | Others | ₹15.00 Cr | Open |
| 21 Dec 2018 | Others | ₹1.18 Cr | Open |
| 24 May 2018 | Others | ₹5.64 M | Open |
How Many Employees Work at Victor Switch Gear?
Victor Switch Gear has a workforce of 47 employees as of Apr 06, 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 Victor Switch Gear, 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 Victor Switch Gear'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.
