Victor Switch Gear Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.21 Cr
- Company Age 19 Year, 9 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 nine 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
Automotive
Victor Switch Gear Private Limited
Explore comprehensive data for Victor Switch Gear Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
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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)
Open Charges
₹56.11 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Victor Switch Gear
Recent activity within the organization
- Charges
A charge with Others of Rs. 0.59 Cr registered on 25 Jan 2018 with Charge ID 100208429 was modified on 29 Mar 2023.
- Charges
A charge with Others of Rs. 15.00 Cr registered on 02 Jul 2019 with Charge ID 100323534 was modified on 16 Dec 2022.
- Charges
A charge with Others of Rs. 21.00 Cr registered on 22 Sep 2016 with Charge ID 100069104 was modified on 23 Feb 2022.
- Annual General Meeting
Victor Switch Gear Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100372497 was registered on 28 Aug 2020.
- Balance Sheet
Victor Switch Gear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Frequently asked questions
What is the Incorporation or founding date of Victor Switch Gear Private Limited?
Victor Switch Gear Private Limited was incorporated on 22 Jun 2005.
What is authorized share capital and paid-up capital of Victor Switch Gear Private Limited?
The authorized share capital of Victor Switch Gear Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.21 Cr.
Who are the current board members & directors of Victor Switch Gear Private Limited?
Currently 2 directors are associated with Victor Switch Gear Private Limited.
- Nitish Vijay Shastri
- Anjali Shastri
What is the registered address of Victor Switch Gear Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Victor Switch Gear Private Limited is Raniviraj 6Asher Estate Nashik Road India, Nashik-, Maharashtra, 422101.
What is the corporate identification number (CIN) and company number of Victor Switch Gear Private Limited?
The corporate identification number (CIN) of Victor Switch Gear Private Limited is U31909MH2005PTC154156 and the company number is 154156 as per Ministry of Corporate Affairs (MCA).
What is the official website of Victor Switch Gear Private Limited?
The Official website of Victor Switch Gear Private Limited is https://www.victorindia.com
What has been the recent revenue trend for Victor Switch Gear Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Victor Switch Gear Private Limited has fallen by -49.58%.
How many employees does Victor Switch Gear Private Limited currently have?
As Per 2020 financial reports, 47 employees are currently employed by Victor Switch Gear Private Limited.
What change has been observed in the net worth of Victor Switch Gear Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Victor Switch Gear Private Limited has experienced an downturn of -1.45%.
What are the total open charges for Victor Switch Gear Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Victor Switch Gear Private Limited amount to ₹ 56.11 Cr.
When was the last Balance Sheet of Victor Switch Gear Private Limited filed with the ROC?
The most recent Balance Sheet for Victor Switch Gear Private Limited was filed with the ROC on 31 Mar 2020.
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