Karveer Switchgears Private Limited
About Karveer Switchgears Private Limited
Data last updated:
Karveer Switchgears Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 16 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31200PN1995PTC088434. Its GSTIN is 27AAACK7446B1ZQ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Shantilal Parbat Limbani and Manilal Premaji Patel.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No E – 25 MIDC Shiroli, Kolhapur, Maharashtra, India – 416122.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.27 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹7.76 Lakh (net margin -9.1%) and EBITDA of -₹3.03 Lakh (EBITDA margin -3.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over five years.
As per MCA filings, the company has open charges of ₹8.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Karveer Switchgears has one previous CIN (Corporate Identification Number): U31200MH1995PTC088434. The current CIN is U31200PN1995PTC088434, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200PN1995PTC088434 | Current |
| U31200MH1995PTC088434 | Previous |
Contact details
Karveer Switchgears Private Limited's registered office is in Kolhapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No E – 25 MIDC Shiroli, Kolhapur, Maharashtra, India – 416122
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Karveer Switchgears 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 Karveer Switchgears is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Karveer Switchgears Private Limited, buy the company report.
Financials of Karveer Switchgears Private Limited
FY 2025 filings availableKarveer Switchgears Private Limited reported revenue of ₹85.27 Lakh (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 147% 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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| EBITDA | -₹3.03 Lakh | ||||
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| Net Profit (PAT) | -₹7.76 Lakh | ||||
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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 | -3.6% | ||||
| Net Profit Margin | -9.1% | ||||
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To see the full financial statements and ratios of Karveer Switchgears Private Limited, buy the company report.
Board of directors of Karveer Switchgears Private Limited
Karveer Switchgears has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantilal Parbat Limbani | Director | 16 May 1995 | 31 Years 5 Months | Current |
| Manilal Premaji Patel | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Pravinkumar Nanji Patel Also directs: Konark Ferrocast LLP | Director | 16 May 1995 | 31 Years 5 Months | Current |
| Vinod Jethalal Patel | Director | 16 May 1995 | 31 Years 5 Months | Current |
| Devji Kesra Patel | Director | 16 May 1995 | 31 Years 5 Months | Current |
Auditor
Karveer Switchgears Private Limited is audited by P.M.VARDHE AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.M.VARDHE AND CO. | FY 2023 | 031817 |
Shareholding
The shareholding of Karveer Switchgears Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karveer Switchgears Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 1996 | 90090301 | State Bank of India | ₹8.5 Lakh | Open |
To see the full charge records of Karveer Switchgears Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Karveer 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 Karveer Switchgears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karveer Switchgears has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK7446B1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karveer Switchgears Private Limited, buy the company report.
Recent activity
Karveer Switchgears Private Limited has 7 board changes on record since 1995: 5 appointments and 2 cessations. The latest: Manilal Premaji Patel ceased to be Additional Director on 16 Sep 2011.
Frequently asked questions
Karveer Switchgears is an active private limited company based in Kolhapur, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 16 May 1995 (31+ years old) and is registered under CIN U31200PN1995PTC088434.
Karveer Switchgears has 5 current directors:
- Shantilal Parbat Limbani - Director
- Manilal Premaji Patel - Director
- Pravinkumar Nanji Patel - Director
- Vinod Jethalal Patel - Director
- Devji Kesra Patel - Director
The latest financial statements of Karveer Switchgears on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karveer Switchgears is 27AAACK7446B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karveer Switchgears is U31200PN1995PTC088434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karveer Switchgears was incorporated on 16 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Pune.
Manilal Premaji Patel ceased to be Additional Director on 16 Sep 2011. Bhavesh Dayaram Patel ceased to be Director on 01 Apr 2011. Manilal Premaji Patel was appointed as Director on 01 Apr 2011. Karveer Switchgears has 7 board changes on record in total.
The registered office of Karveer Switchgears is at Plot No E – 25 MIDC Shiroli, Kolhapur, Maharashtra, India – 416122.
Karveer Switchgears operates in the consumer electronics and durables industry, in the furniture manufacturing segment.
Karveer Switchgears has open charges of ₹8.5 Lakh and no satisfied charges on record as per latest MCA filings.