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Safvolt Switchgears Private Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Safvolt Switchgears Private Limited has 8 charges registered with the Registrar of Companies: 5 open charges worth Rs 22.95 Cr and 3 satisfied charges worth Rs 7.97 Cr. The largest open charges are held by Canara Bank, Axis Bank Limited and City Union Bank Limited. The most recent charge was created on 16 Apr 2024 in favour of Canara Bank for Rs 10.56 Cr and is open.

Charges Breakdown by Lending Institutions

  • Canara Bank : 15.81 Cr
  • Axis Bank Limited : 7.07 Cr
  • City Union Bank Limited : 0.07 Cr

₹22.95 crore

₹7.97 crore

4

Canara Bank

Modification

14 Aug 2025

₹10.56 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
100886317 View DetailsSidbi₹ 0.56 20 Mar 2024-08 Apr 2025 Satisfied 5552000.0
10476586 View DetailsCity Union Bank Limited₹ 0.20 20 Dec 2013-22 Mar 2022 Satisfied 2000000.0
10421943 View DetailsCity Union Bank Limited₹ 7.21 13 Mar 201322 Apr 202122 Mar 2022 Satisfied 72100000.0
100903675 View DetailsCanara Bank₹ 10.56 16 Apr 202414 Aug 2025- Open 105600000.0
100852567 View DetailsCanara Bank₹ 5.25 28 Dec 2023-- Open 52500000.0
100789253 View DetailsCity Union Bank Limited₹ 0.07 24 Jul 2023-- Open 745330.0
100667524 View DetailsAxis Bank Limited₹ 0.75 06 Jan 2023-- Open 7500000.0
100473993 View DetailsAxis Bank Limited₹ 6.32 30 Jul 2021-- Open 63200000.0
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Charge documents and asset details

The filed charge documents and the assets pledged under each charge are in the company report.

  • Assets and property pledged under each charge
  • Terms and conditions as filed
  • Filed charge documents where available

Verified entity values are shown only after access is granted.

A charge is a security interest a company creates over its assets in favour of a lender. An open charge is still outstanding; a satisfied charge has been repaid and closed with the Registrar. Under the Companies Act, 2013 every charge must be registered within thirty days of creation (Form CHG-1, or CHG-9 for debentures) and its satisfaction reported within thirty days of repayment (Form CHG-4). Amounts are as filed with the MCA.