J V S Switch Gears LLP
About J V S Switch Gears LLP
Data last updated:
J V S Switch Gears LLP was a limited liability partnership (LLP) based in Hyderabad, Telangana, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 16 December 2017.
The LLP was registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAL-4282. Its GSTIN is 36AANFJ7908F1Z2 (Telangana). The LLP held 2 GST registrations, all of them active.
The LLP had a total obligation of contribution of ₹8.7 Cr. It was led by designated partners Vanaja Jambhapuram and Abhinav Kumar Reddy Jambhapuram.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office was at Sy No 79 Plot No D3 Phase – IV Ida Jeedimetla Gajularamaram Village, Hyderabad, Telangana, India – 500055.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹14.89 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹58.26 Lakh (net margin 3.9%) and EBITDA of ₹1.07 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years.
The LLP has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹9.91 Cr and satisfied charges of ₹13.6 Cr on record.
Company details
Contact details
J V S Switch Gears LLP's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressSy No 79 Plot No D3 Phase – IV Ida Jeedimetla Gajularamaram Village, Hyderabad, Telangana, India – 500055
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of J V S Switch Gears LLP, 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
Financials of J V S Switch Gears LLP
FY 2024 filings availableJ V S Switch Gears LLP reported revenue of ₹14.89 Cr (up 211% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over three years, including 211% growth 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹58.26 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of J V S Switch Gears LLP, buy the company report.
Designated partners of J V S Switch Gears LLP
J V S Switch Gears has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vanaja Jambhapuram | Designated Partner | 16 Dec 2017 | 8 Years 10 Months | As last reported |
| Abhinav Kumar Reddy Jambhapuram | Designated Partner | 02 Dec 2019 | 6 Years 10 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2022 | L-100672624 | Axis Bank Limited | ₹9.8 Cr | Open | |
| 15 Aug 2018 | L-100202262 | Srei Equipment Finance Limited | ₹11.25 Lakh | Open | |
| 19 Mar 2022 | L-100631207 | Bank of Baroda | ₹1.02 Cr | Satisfied | |
| 31 Mar 2021 | L-100446403 | Bank of Baroda | ₹6.48 Cr | Satisfied | |
| 30 Oct 2019 | L-100296512 | Andhra Bank | ₹6.1 Cr | Satisfied |
To see the full charge records of J V S Switch Gears LLP, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving J V S Switch Gears LLP 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 J V S Switch Gears LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
J V S Switch Gears LLP has a workforce of 29 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
J V S Switch Gears has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AANFJ7908F1Z2 | Telangana | Active | 22 Mar 2018 |
| 37AANFJ7908F1Z0 | Andhra Pradesh | Active | 16 Sep 2019 |
To see the full GST registrations and return filing status of J V S Switch Gears LLP, buy the company report.
Recent activity
J V S Switch Gears LLP has 4 designated partner changes on record since 2017: 2 appointments and 2 cessations. The latest: Abhinav Kumar Reddy Jambhapuram was appointed as Designated Partner on 02 Dec 2019.
5 earlier events are in the company report.
Frequently asked questions
J V S Switch Gears has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
J V S Switch Gears was a limited liability partnership based in Hyderabad, Telangana, India. The LLP worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 16 December 2017 and is registered under LLPIN AAL-4282. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of J V S Switch Gears is AAL-4282. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
J V S Switch Gears had 2 designated partners:
- Vanaja Jambhapuram - Designated Partner
- Abhinav Kumar Reddy Jambhapuram - Designated Partner
J V S Switch Gears was incorporated on 16 December 2017. It is registered with the Registrar of Companies, Hyderabad.
The registered office of J V S Switch Gears is at Sy No 79 Plot No D3 Phase – IV Ida Jeedimetla Gajularamaram Village, Hyderabad, Telangana, India – 500055.
The latest financial statements of J V S Switch Gears on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of J V S Switch Gears is 36AANFJ7908F1Z2, registered in Telangana. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AANFJ7908F1Z0 (Andhra Pradesh).
J V S Switch Gears operated in the energy and power industry, in the power equipment manufacturers segment.
Abhinav Kumar Reddy Jambhapuram was appointed as Designated Partner on 02 Dec 2019. Jambhapuram Reddy Padmajanardhan ceased to be Designated Partner on 02 Dec 2019. Abhinav Kumar Reddy Jambhapuram ceased to be Designated Partner on 26 Sep 2019. J V S Switch Gears has 4 designated partner changes on record in total.
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