About Swifti Electrosystems Private Limited
Data last updated:
Swifti Electrosystems Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 23 April 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74300TN2015PTC100236. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Chainuru Vaishnavi Nikhila and Kandathevar Sankaran Sakthivel.
Its last annual general meeting (AGM) was held on 30 December 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2016, the company reported a revenue of ₹27.83 Lakh. For the same year it recorded a net loss of ₹5.26 Lakh (net margin -18.9%) and EBITDA of -₹4.96 Lakh (EBITDA margin -17.8%).
The last known website on record is swifti.in.
Company details
Contact details
Swifti Electrosystems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is swifti.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOld No.23 New No.45 Ground Floor 5 Thmain Road Jawahar Nagar Near K5 Police Station &, Icici Bank, Chennai, Tamil Nadu, India – 600082
- IndustryService, Information Technology Services
To see the full contact details of Swifti Electrosystems Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Swifti Electrosystems is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Swifti Electrosystems Private Limited, buy the company report.
Financials of Swifti Electrosystems Private Limited
FY 2016 filings availableSwifti Electrosystems Private Limited reported revenue of ₹27.83 Lakh for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹27.83 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹4.96 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹5.26 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2015-16 |
|---|---|
| Profitability | |
| EBITDA Margin | -17.8% |
| Net Profit Margin | -18.9% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Swifti Electrosystems Private Limited, buy the company report.
Board of directors of Swifti Electrosystems Private Limited
Swifti Electrosystems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chainuru Vaishnavi Nikhila | Director | 23 Apr 2015 | 11 Years 6 Months | As last reported |
| Kandathevar Sankaran Sakthivel | Director | 23 Apr 2015 | 11 Years 6 Months | As last reported |
Peer comparison
Swifti Electrosystems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tayseer Technologies Private Limited | ₹27.89 Lakh (FY 2025) | 29.0% | Hyderabad, Telangana, India | |||
| Univations Business Solutions Private Limited | ₹27.86 Lakh (FY 2023) | Jalandhar, Punjab, India | ||||
| Vrajan Infotech Private Limited | ₹27.84 Lakh (FY 2023) | 980.0% | Ahmedabad, Gujarat, India | |||
| Bramhansh Technologies Private Limited | ₹27.84 Lakh (FY 2024) | -18.0% | Durg, Chhattisgarh, India | |||
| Netlink Websolution Private Limited | ₹27.83 Lakh (FY 2025) | -5.0% | Surat, Gujarat, India | |||
| Swifti Electrosystems Private Limitedthis company | ₹27.83 Lakh (FY 2016) | -₹5.26 Lakh | -18.9% | Chennai, Tamil Nadu, India | ||
| Seekthem Private Limited | ₹27.83 Lakh (FY 2024) | 170.0% | Ahmedabad, Gujarat, India | |||
| Clouddial24 Telecom Private Limited | ₹27.82 Lakh (FY 2025) | 116.0% | Jaipur, Rajasthan, India | |||
| Vedic IT Solutions Private Limited | ₹27.81 Lakh (FY 2018) | 382.0% | Hyderabad, Telangana, India | |||
| Medlead Solutions India Private Limited | ₹27.8 Lakh (FY 2024) | 0.0% | Kotagiri, Tamil Nadu, India | |||
| Peoria Private Limited | ₹27.8 Lakh (FY 2024) | -34.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Swifti Electrosystems Private Limited, buy the company report.
Auditor
Swifti Electrosystems Private Limited is audited by POORANI SURESH for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| POORANI SURESH | FY 2016 | 202218 |
Shareholding
The shareholding of Swifti Electrosystems Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Swifti Electrosystems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swifti Electrosystems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swifti Electrosystems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swifti Electrosystems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Swifti Electrosystems Private Limited, buy the company report.
Recent activity
Swifti Electrosystems Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Hariharanath ceased to be Director on 17 May 2016.
Frequently asked questions
Swifti Electrosystems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Swifti Electrosystems was a private limited company based in Chennai, Tamil Nadu, India. The company worked in information technology services, within the service industry. It was incorporated on 23 April 2015 and is registered under CIN U74300TN2015PTC100236. The company has been struck off by the Registrar of Companies and is no longer operational.
Swifti Electrosystems had 2 directors:
- Chainuru Vaishnavi Nikhila - Director
- Kandathevar Sankaran Sakthivel - Director
The CIN (Corporate Identification Number) of Swifti Electrosystems is U74300TN2015PTC100236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Swifti Electrosystems is at Old No.23 New No.45 Ground Floor 5 Thmain Road Jawahar Nagar Near K5 Police Station &, Icici Bank, Chennai, Tamil Nadu, India – 600082.
Swifti Electrosystems was incorporated on 23 April 2015. It is registered with the Registrar of Companies, Chennai.
Swifti Electrosystems can be reached through the website swifti.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Swifti Electrosystems on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 December 2016. Year-wise statements from FY 2016 are in the company report.
No. Swifti Electrosystems has 1 GST registration on record and it is cancelled or inactive.
Swifti Electrosystems operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Swifti Electrosystems by revenue are Tayseer Technologies Private Limited, Univations Business Solutions Private Limited, Vrajan Infotech Private Limited, Bramhansh Technologies Private Limited, Netlink Websolution Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).