DPIIT recognised startup Government of India
Startup India
Unielec Switchgears Private Limited
Unielec Switchgears Private Limited - electrnoics in Harihar, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹48.46 Lakh
▲ 350% YoY
Net profit · FY 2025
₹27,192
Net margin 0.6%
EBITDA · FY 2025
₹33,116
EBITDA margin 0.7%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.85 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Unielec Switchgears Private Limited
Data last updated:
Unielec Switchgears Private Limited is a private limited company based in Harihar, Karnataka, India, recognised as a startup by DPIIT. It operates in the home appliances segment of the electronics sector. It was incorporated on 23 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29308KA2019PTC127308. Its GSTIN is 29AACCU4802D1ZK (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.85 Lakh. It is led by directors Basavaraj Someshekappa Malde and Manjunath Thippanna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 11 Ist Floor Sanketh Building Hamsagar Compound K R Nagar, Harihar, Karnataka, India – 577601.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹27,192 (net margin 0.6%) and EBITDA of ₹33,116 (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 107% over three years and 92% over five years.
Unielec Switchgears Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-12-0012470).
Company details
CIN U29308KA2019PTC127308
Registration Number 127308
Incorporation Date 23 August 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-12-0012470
Recognitions & Rankings of Unielec Switchgears
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-12-0012470
Contact details
Unielec Switchgears Private Limited's registered office is in Harihar, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo 11 Ist Floor Sanketh Building Hamsagar Compound K R Nagar, Harihar, Karnataka, India – 577601
- IndustryElectrnoics, Home Appliance, Electric Appliance, Manufacturing
To see the full contact details of Unielec Switchgears Private Limited, buy the company report.
Comprehensive company report
Unielec Switchgears Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Unielec Switchgears is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Unielec Switchgears Private Limited, buy the company report.
Financials of Unielec Switchgears Private Limited
FY 2025 filings availableUnielec Switchgears Private Limited reported revenue of ₹48.46 Lakh (up 350% YoY) for FY 2025.
Revenue · FY 2025
₹48.46 Lakh ▲ 350%
Net profit · FY 2025
₹27,192 margin 0.6%
EBITDA · FY 2025
₹33,116 margin 0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 350%
3 years · compounded
▲ 107%
5 years · compounded
▲ 92%
EBITDA CAGR growth
1 year
▲ 169%
3 years · compounded
▲ 27%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 92% over five years, including 350% growth in the latest year. EBITDA rose 169% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹33,116 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27,192 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Unielec Switchgears Private Limited, buy the company report.
Board of directors of Unielec Switchgears Private Limited
Unielec Switchgears has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavaraj Someshekappa Malde | Director | 23 Aug 2019 | 7 Years 2 Months | Current |
| Manjunath Thippanna | Director | 23 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Unielec Switchgears Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Om Abratech Private Limited | ₹48.68 Lakh (FY 2024) | -26.0% | Ahmedabad, Gujarat, India | |||
| Green Zone Aerotech Private Limited | ₹48.67 Lakh (FY 2024) | -16.0% | Ghaziabad, Uttar Pradesh, India | |||
| Aviista Technology Private Limited | ₹48.64 Lakh (FY 2018) | -49.0% | Nashik, Maharashtra, India | |||
| Gibt India Private Limited | ₹48.63 Lakh (FY 2025) | 5.0% | Nagapattinam, Tamil Nadu, India | |||
| Kadam Components Private Limited | ₹48.51 Lakh (FY 2020) | -53.0% | New Kondli, Delhi, India | |||
| Unielec Switchgears Private Limitedthis company | ₹48.46 Lakh (FY 2025) | ₹27,192 | 0.6% | 350.0% | Harihar, Karnataka, India | |
| Indomation Engineers Private Limited | ₹48.46 Lakh (FY 2023) | 552.0% | Faridabad, Haryana, India | |||
| Hy-Magnetics Pvt Ltd | ₹48.32 Lakh (FY 2025) | 678.0% | Telangana, India | |||
| Maceltron Machines Private Limited | ₹48.29 Lakh (FY 2024) | -37.0% | Nashik, Maharashtra, India | |||
| Del Lite Electricals Private Limited | ₹48.28 Lakh (FY 2016) | -26.0% | Mumbai, Maharashtra, India | |||
| Physiz Agtech Private Limited | ₹48.23 Lakh (FY 2023) | 20.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Unielec Switchgears Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Unielec Switchgears 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 Unielec Switchgears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Unielec Switchgears has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCU4802D1ZK | Karnataka | Active | 01 Oct 2019 |
To see the full GST registrations and return filing status of Unielec Switchgears Private Limited, buy the company report.
Recent activity
Unielec Switchgears Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Basavaraj Someshekappa Malde was appointed as Director on 23 Aug 2019.
AGM
Unielec Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Unielec Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Basavaraj Someshekappa Malde was appointed as Director.
Appointed
Manjunath Thippanna was appointed as Director.
Incorporation
23 Aug 2019
Unielec Switchgears Private Limited was registered on 23 Aug 2019 with Roc Bangalore & aged 7 years 2 months as per MCA records.
Frequently asked questions
Unielec Switchgears is an active private limited company based in Harihar, Karnataka, India. The company works in home appliance, within the electronics industry. It was incorporated on 23 August 2019 (7+ years old) and is registered under CIN U29308KA2019PTC127308.
Unielec Switchgears has 2 current directors:
- Basavaraj Someshekappa Malde - Director
- Manjunath Thippanna - Director
The latest financial statements of Unielec Switchgears on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Unielec Switchgears is 29AACCU4802D1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Unielec Switchgears is U29308KA2019PTC127308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unielec Switchgears was incorporated on 23 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Unielec Switchgears by revenue are Om Abratech Private Limited, Green Zone Aerotech Private Limited, Aviista Technology Private Limited, Gibt India Private Limited, Kadam Components Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Basavaraj Someshekappa Malde was appointed as Director on 23 Aug 2019. Manjunath Thippanna was appointed as Director on 23 Aug 2019.
Yes, Unielec Switchgears is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Unielec Switchgears is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-12-0012470).
The registered office of Unielec Switchgears is at No 11 Ist Floor Sanketh Building Hamsagar Compound K R Nagar, Harihar, Karnataka, India – 577601.
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