MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-RJ-33-0002425
Kundan Switch Gears Private Limited - consumer electronics & durables in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹40.26 Cr
▲ 40% YoY
Net profit · FY 2024
₹1.05 Cr
Net margin 2.6%
EBITDA · FY 2024
₹2.82 Cr
EBITDA margin 7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹10.37 Cr
Satisfied ₹5.79 Cr
Company age
26 yrs
Est. 2000
Directors on board
4
As per MCA filings
About Kundan Switch Gears Private Limited
Data last updated:
Kundan Switch Gears Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U34300RJ2000PTC016509. Its GSTIN is 08AABCK6766D1ZG (Rajasthan).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Hemant Jain and Vijay Jain.
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 S – 92/A Mewar Ind. Areamadri Udaipur, Rajasthan, India – 313003.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.26 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 2.6%) and EBITDA of ₹2.82 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 15% over five years.
The company is associated with 1 brand: Kundan Switch Gears. As per MCA filings, the company has open charges of ₹10.37 Cr and satisfied charges of ₹5.79 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Kundan Switch Gears Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0002425). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kundanswitchgears.com.
Company details
CIN U34300RJ2000PTC016509
Registration Number 016509
Incorporation Date 06 July 2000
ROC Jaipur
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-33-0002425
Recognitions & Rankings of Kundan Switch Gears
Contact details
Kundan Switch Gears Private Limited's registered office is in Udaipur, Rajasthan. Its website is kundanswitchgears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS – 92/A Mewar Ind. Areamadri Udaipur, Rajasthan, India – 313003
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Kundan Switch Gears Private Limited, buy the company report.
Comprehensive company report
Kundan Switch Gears 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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Brands
Kundan Switch Gears operates one associated brand: Kundan Switch Gears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of LED products and components in India. | kundanswitchgears.com |
Business activity
The main business activity of Kundan Switch Gears 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 Kundan Switch Gears Private Limited, buy the company report.
Financials of Kundan Switch Gears Private Limited
FY 2025 filings availableKundan Switch Gears Private Limited reported revenue of ₹40.26 Cr (up 40% YoY) for FY 2024.
Revenue · FY 2024
₹40.26 Cr ▲ 40%
Net profit · FY 2024
₹1.05 Cr margin 2.6%
EBITDA · FY 2024
₹2.82 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 30%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 27%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 40% growth in the latest year. EBITDA rose 39% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kundan Switch Gears Private Limited, buy the company report.
Board of directors of Kundan Switch Gears Private Limited
Kundan Switch Gears has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Jain Also directs: Kotech Industries Private Limited | Director | 06 Jul 2000 | 26 Years 4 Months | Current |
| Vijay Jain Also directs: Kotech Industries Private Limited | Director | 12 Apr 2005 | 21 Years 7 Months | Current |
| Jambu Kumar Jain Also directs: Kotech Industries Private Limited | Director | 05 Oct 2006 | 20 Years 1 Months | Current |
| Abhay Jain Also directs: Kotech Industries Private Limited | Director | 05 Oct 2006 | 20 Years 1 Months | Current |
Auditor
Kundan Switch Gears Private Limited is audited by N. K. Singhvi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. K. Singhvi & Co. | FY 2023 | 001926C |
Shareholding
The shareholding of Kundan Switch Gears 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 Kundan Switch Gears Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.37 Cr
Satisfied charges
₹5.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2024 | 100998306 | Idbi Bank Limited | ₹75 Lakh | Open | |
| 15 Mar 2022 | 100567741 | Idbi Bank Limited | ₹43 Lakh | Open | |
| 29 Nov 2021 | 100514840 | Others | ₹50 Lakh | Open | |
| 24 Jun 2020 | 100411116 | Idbi Bank Limited | ₹69 Lakh | Open | |
| 25 Jan 2017 | 100083673 | Idbi Bank Limited | ₹8 Cr | Open |
To see the full charge records of Kundan Switch Gears Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Kundan Switch Gears Private Limited has 2 court cases on record: 2 filed by Kundan Switch Gears. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Execution petition | Filed by the company against M/S Junex Energy Pvt. Ltd. | Disposed |
| District court, Udaipur, Rajasthan | Court case (Civil Original (civil Suite)) | Filed by the company against M/S Joonix Energy and 1 other | Disposed |
To see the full case history of Kundan Switch Gears Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Kundan Switch Gears Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 23 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Arktron Electronics | |||
| Apt Electronics Private Limited | |||
| Ashwani Metals Private Limited | |||
| Precise Fasteners Private Limited | |||
| Porwal Instruments and Chemicals Pvt. Ltd. |
To see the full MSME payment records of Kundan Switch Gears Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kundan Switch Gears has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCK6766D1ZG | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kundan Switch Gears Private Limited, buy the company report.
Recent activity
Kundan Switch Gears Private Limited has 4 board changes on record since 2000: 4 appointments. The latest: Abhay Jain was appointed as Director on 05 Oct 2006.
AGM
Kundan Switch Gears Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kundan Switch Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Idbi Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 100998306 was registered on 14 Oct 2024.
Charges
A charge with Idbi Bank Limited of Rs. 800.00 Lakh registered on 25 Jan 2017 with Charge ID 100083673 was modified on 26 Mar 2024.
Charges
A charge with Idbi Bank Limited amounted to Rs. 43.00 Lakh with Charge ID 100567741 was registered on 15 Mar 2022.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100514840 was registered on 29 Nov 2021.
Charges
A charge with Idbi Bank Limited amounted to Rs. 69.00 Lakh with Charge ID 100411116 was registered on 24 Jun 2020.
Charges
A charge registered on 30 Apr 2014 via Charge ID 10489188 with Bank Of Baroda was fully satisfied on 01 Mar 2017.
Charges
A charge registered on 10 Jan 2011 via Charge ID 10263219 with Others was fully satisfied on 01 Mar 2017.
Charges
A charge with Idbi Bank Limited amounted to Rs. 800.00 Lakh with Charge ID 100083673 was registered on 25 Jan 2017.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 10 Jan 2011 with Charge ID 10263219 was modified on 21 Nov 2016.
Charges
A charge registered on 18 Jul 2011 via Charge ID 10301128 with Bank Of Baroda was fully satisfied on 20 Jun 2016.
15 earlier events are in the company report.
Frequently asked questions
Kundan Switch Gears is an active private limited company based in Udaipur, Rajasthan, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 July 2000 (26+ years old) and is registered under CIN U34300RJ2000PTC016509.
Kundan Switch Gears has 4 current directors:
- Hemant Jain - Director
- Vijay Jain - Director
- Jambu Kumar Jain - Director
- Abhay Jain - Director
The latest financial statements of Kundan Switch Gears 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 2015 are in the company report.
The GSTIN of Kundan Switch Gears is 08AABCK6766D1ZG, registered in Rajasthan.
The CIN (Corporate Identification Number) of Kundan Switch Gears is U34300RJ2000PTC016509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kundan Switch Gears has 2 court cases on record: 2 filed by the company.
Kundan Switch Gears was incorporated on 06 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Jaipur.
Abhay Jain was appointed as Director on 05 Oct 2006. Jambu Kumar Jain was appointed as Director on 05 Oct 2006. Vijay Jain was appointed as Director on 12 Apr 2005. Kundan Switch Gears has 4 board changes on record in total.
Yes, Kundan Switch Gears is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-33-0002425).
Kundan Switch Gears has 3 MSME Form 1 returns on record between 2019 and 2020, listing 23 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 Sep 2020.
Kundan Switch Gears can be reached through the website kundanswitchgears.com. Its registered office is in Udaipur, Rajasthan, India.
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