Asco Switchgears Private Limited Company Logo

Asco Switchgears Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Punjab, Punjab, India, established in 2001.

2001 | Punjab, Punjab, India | Active
Last Updated:

About Asco Switchgears Private Limited

Asco Switchgears Private Limited, a active private limited company, was established on 29 March 2001 in Punjab, Punjab, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: U31200PB2001PTC024297. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.90 M.

It upholds a compliant status. Its leadership includes Savita Gupta (Director), Aviral Gupta (Additional Director), Ajay Gupta (Managing Director). Past directors included Savita Gupta, Aviral Gupta, Anuj Gupta. It holds ₹18.89 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Patel Nagarjalandhar Road Kapurthala, Punjab, Punjab.

Company Details

  • CIN/LLPIN

    U31200PB2001PTC024297

  • Registration Number

    024297

  • Incorporation Date

    29 March 2001

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.90 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.90 M
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.89 Cr
  • Revenue Growth 92.19%
  • Profit Growth 694.62%
  • Ebitda 131.52%
  • Net Worth 275.95%
  • Total Assets 115.04%
Company report

Asco Switchgears Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Asco Switchgears Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Asco Switchgears Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Savita GuptaDirector16 Jul 2018Current
Aviral GuptaAdditional Director24 Apr 2023Current
Ajay GuptaManaging Director29 Mar 2001Current
Anuj GuptaDirector24 Jan 2022Current
Sarika GuptaDirector16 Jul 2018Current
Anil Kumar GuptaDirector29 Mar 2001Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddAdditional Director16 Jan 2019Past
Pramod AbcsddAdditional Director16 Jan 2019Past
Pramod AbcsddAdditional Director30 Sep 2022Past

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Financial Performance of Asco Switchgears.

Asco Switchgears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 92.19% increase. The company also saw a substantial improvement in profitability, with a 694.62% increase in profit. The company's net worth Soared by an impressive increase of 275.95%.

Asco Switchgears revenue growth over time
Asco Switchgears 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
92.19%
Revenue from Operations
92.24%
Total Assets
115.04%
Profit or Loss
694.62%
Net Worth
275.95%
EBITDA
131.52%

What is the Ownership and Shareholding Structure of Asco Switchgears?

Unlock access to Asco Switchgears's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹188,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr
  • Canara Bank : 8.89 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2023Others₹10.00 CrOpen
21 Jan 2022Canara Bank₹6.80 CrOpen
24 Sep 2018Canara Bank₹0.95 MOpen
22 Oct 2013Canara Bank₹2.00 CrOpen

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How Many Employees Work at Asco Switchgears?

Unlock and access historical data on people associated with Asco Switchgears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Asco Switchgears Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asco Switchgears, 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 Asco Switchgears's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

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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 Asco Switchgears

Recent Activity within the Organization

  • Charges

    The activity A charge with Canara Bank of Rs. 68.00 M registered on 21 Jan 2022 with Charge ID 100543523 was modified on 16 Nov 2024. was completed.

  • Annual General Meeting

    Progress on Asco Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Asco Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Director Appointment

    Aviral Gupta was appointed as a Additional Director was appointed as a Additional Director on 24 Apr 2023 & has been associated with this company since 2 years 8 months . was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100686568 was registered on 12 Jan 2023. was recorded as a recent event.

  • Director Appointment

    The activity Anuj Gupta was appointed as a Director was appointed as a Director on 24 Jan 2022 & has been associated with this company since 3 years 11 months . was completed.

Frequently Asked Questions

  • What is the CIN of Asco Switchgears Private Limited?

    The CIN of Asco Switchgears Private Limited is U31200PB2001PTC024297.

  • Where is Asco Switchgears Private Limited headquartered?

    Asco Switchgears Private Limited is headquartered at Patel Nagarjalandhar Road Kapurthala, Punjab, Punjab.

  • When was Asco Switchgears Private Limited incorporated?

    Asco Switchgears Private Limited was incorporated on 29 March 2001.

  • Who are the current directors of Asco Switchgears Private Limited?

    The current directors of Asco Switchgears Private Limited are

  • What is the primary industry of Asco Switchgears Private Limited?

    The primary industry of Asco Switchgears Private Limited is Manufacturing.

  • Is Asco Switchgears Private Limited a listed company?

    Asco Switchgears Private Limited is unlisted.

  • What is the capital structure of Asco Switchgears Private Limited?

    The authorized capital of Asco Switchgears Private Limited is ₹2.50 M, and the paid-up capital is ₹1.90 M.

  • What is the compliance status of Asco Switchgears Private Limited?

    The compliance status of Asco Switchgears Private Limited is Compliant.

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