Vijeta Switchgear Pvt Ltd

Manufactures and trades electrical and electronic goods, specializing in switch gear.

2003 | Sangli, Maharashtra (India) | Active
Last Updated: November 16, 2024

Vijeta Switchgear Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.37 Cr
  • Satisfied Charges ₹ 41.57 Cr
  • Revenue Growth 4.21%
  • Profit Growth 463.74%
  • Ebitda 11.46%
  • Net Worth 5.08%
  • Total Assets 4.52%

About Vijeta Switchgear

Vijeta Switchgear Pvt Ltd (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 2003 and has a history of 21 years and seven months. Its registered office is in Sangli, Maharashtra, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹30.37 Cr. The company has closed loans amounting to ₹41.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mandar Gokhale, Hemant Phatak, Priya Dixit, and Three other members serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32102PN2003PTC018060

  • Company No.

    018060

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Vijeta Switchgear?

Executive Team (1)

Name Designation Appointment Date Status
Prasad Dixit Country flag representing In Managing Director 01-Apr-2009 Current

Board Members (5)

Name Designation Appointment Date Status
Mandar Gokhale Country flag representing In Director 04-May-2020 Current
Hemant Phatak Country flag representing In Director 02-Nov-2020 Current
Priya Dixit Country flag representing In Director 05-Apr-2021 Current
Bhakti Dixit Country flag representing In Director 05-Apr-2021 Current
Sudhir Patwardhan Country flag representing In Director 10-May-2010 Current

Financial Performance of Vijeta Switchgear.

Vijeta Switchgear Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 4.21% increase. The company also saw a substantial improvement in profitability, with a 463.74% increase in profit. The company's net worth moved up by a moderate rise of 5.08%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
4.21%
Revenue from Operations
4.10%
Total Assets
4.52%
Profit or Loss
463.74%
Net Worth
5.08%
EBITDA
11.46%

What is the Ownership and Shareholding Structure of Vijeta Switchgear?

In 2023, Vijeta Switchgear had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹303.74 M

Satisfied Charges

₹415.65 M

Charges Breakdown by Lending Institutions

  • Others : 25.59 Cr
  • Sidbi : 4.28 Cr
  • Tata Capital Financial Services Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
01 Dec 2023 Sidbi ₹1.74 Cr Open
31 Aug 2023 Others ₹3.50 Cr Open
30 Aug 2023 Others ₹5.00 Cr Open
15 Nov 2022 Others ₹1.00 Cr Open
04 Nov 2022 Others ₹1.00 Cr Open

How Many Employees Work at Vijeta Switchgear?

Vijeta Switchgear has a workforce of 43 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vijeta Switchgear, 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 Vijeta Switchgear's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Vijeta Switchgear

Recent activity within the organization

  • Annual General Meeting

    Vijeta Switchgear Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vijeta Switchgear Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 35.00 M registered on 31 Aug 2023 with Charge ID 100797402 was modified on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Others of Rs. 10.00 M registered on 15 Nov 2022 with Charge ID 100641773 was modified on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Others of Rs. 15.00 M registered on 29 Nov 2018 with Charge ID 100221651 was modified on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Others of Rs. 50.00 M registered on 30 Aug 2023 with Charge ID 100830696 was modified on 12 Feb 2024.

    12 Feb 2024

Frequently asked questions

  • Vijeta Switchgear Pvt Ltd was incorporated on 23 Jun 2003.

  • The authorized share capital of Vijeta Switchgear Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 6 directors are associated with Vijeta Switchgear Pvt Ltd.

    • Mandar Pandurang Gokhale
    • Hemant Chintaman Phatak
    • Priya Prashant Dixit
    • Bhakti Prasad Dixit
    • Sudhir Parshuram Patwardhan
    • Prasad Prashant Dixit
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vijeta Switchgear Pvt Ltd is E 26Midc Kupwad India, Sangli, Maharashtra, 416416.

  • The corporate identification number (CIN) of Vijeta Switchgear Pvt Ltd is U32102PN2003PTC018060 and the company number is 018060 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vijeta Switchgear Pvt Ltd is https://www.vijetagroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vijeta Switchgear Pvt Ltd has risen by 4.21%.

  • As Per 2023 financial reports, 43 employees are currently employed by Vijeta Switchgear Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vijeta Switchgear Pvt Ltd has experienced an upsurge of 5.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vijeta Switchgear Pvt Ltd amount to ₹ 30.37 Cr.

  • The most recent Balance Sheet for Vijeta Switchgear Pvt Ltd was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Electronics Manufacturing