Million Switch Gears Private Limited - Company Profile

It is a energy and power private limited company based in New Delhi, Delhi, India, established in 1996.
1996 New Delhi, Delhi, India Active
Last Updated:
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About Million Switch Gears Private Limited

Million Switch Gears Private Limited, a active private limited company, was established on 18 June 1996 in New Delhi, Delhi, India. Engaging in power equipment manufacturers within the trade sector, it holds CIN: U31909DL1996PTC079742. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.88 M.

It upholds a compliant status. Its leadership includes Seshmal Jain (Director), Manju Devi (Director), Rahul Jain (Director). Past directors included Manju Devi, Rahul Jain, Madan Lal. It holds ₹1.00 M open charges and no settled loans. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3/27A,Sahdev Gali Vishwas Nagar, New Delhi, Delhi, 110032.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U31909DL1996PTC079742

  • Registration Number

    079742

  • Incorporation Date

    18 June 1996

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹4.88 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.88 M
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.00 M
  • Revenue Growth **** 4.20%
  • Profit Growth **** -11.13%
  • Ebitda **** 195.92%
  • Net Worth 7.06%
  • Total Assets **** 13.22%
Company report

Million Switch Gears Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Million Switch Gears 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 Million Switch Gears Private Limited?
Current Directors
Name Designation Appointment Date Status
Seshmal Jain Director 18 Jun 1996 Current
Manju Devi Director 18 Jun 1996 Current
Rahul Jain Director 21 Jul 2012 Current
Prathibha Jain Director 06 Sep 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 Feb 2024 Past
Pramod Abcsdd Additional Director 13 Aug 2012 Past
Pramod Abcsdd Director 31 Mar 2018 Past
Pramod Abcsdd Director 31 May 2012 Past

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Financial Performance of Million Switch Gears.

Million Switch Gears Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.2% increase. The company also saw a substantial fall in profitability, with a 11.13% decrease in profit. The company's net worth moved up by a moderate rise of 7.06%.

Million Switch Gears revenue growth over time
Million Switch Gears profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 4.20%
*******
*******
*******
*******
Revenue from Operations
*******
 4.20%
*******
*******
*******
*******
Total Assets
*******
 13.22%
*******
*******
*******
*******
Profit or Loss
*******
 -11.13%
*******
*******
*******
*******
Net Worth
*******
 7.06%
*******
*******
*******
*******
EBITDA
*******
 195.92%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Million Switch Gears?

In 2017, Million Switch Gears had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,001,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
03 Mar 2021 Hdfc Bank Limited ₹1.00 M Open

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How Many Employees Work at Million Switch Gears?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Million Switch Gears
Recent Activity within the Organization
  • Annual General Meeting

    The activity Million Switch Gears Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Prathibha Jain was appointed as a Director was appointed as a Director on 06 Sep 2025 & has been associated with this company since 6 months 5 days . was completed.

  • Balance Sheet

    Progress on Million Switch Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100439736 was registered on 03 Mar 2021. was recorded as a recent event.

  • Director Appointment

    Rahul Jain was appointed as a Director was appointed as a Director on 21 Jul 2012 & has been associated with this company since 13 years 7 months . was recorded as a recent event.

  • Director Appointment

    Progress on Seshmal Jain was appointed as a Director was appointed as a Director on 18 Jun 1996 & has been associated with this company since 29 years 8 months . was documented.

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Frequently Asked Questions
What is the CIN of Million Switch Gears Private Limited?

The CIN of Million Switch Gears Private Limited is U31909DL1996PTC079742.

Where is Million Switch Gears Private Limited headquartered?

Million Switch Gears Private Limited is headquartered at 3/27A,Sahdev Gali Vishwas Nagar, New Delhi, Delhi, 110032.

When was Million Switch Gears Private Limited incorporated?

Million Switch Gears Private Limited was incorporated on 18 June 1996.

Who are the current directors of Million Switch Gears Private Limited?

The current directors of Million Switch Gears Private Limited are

What is the primary industry of Million Switch Gears Private Limited?

The primary industry of Million Switch Gears Private Limited is Trade.

Is Million Switch Gears Private Limited a listed company?

Million Switch Gears Private Limited is unlisted.

What is the capital structure of Million Switch Gears Private Limited?

The authorized capital of Million Switch Gears Private Limited is ₹5.00 M, and the paid-up capital is ₹4.88 M.

What is the compliance status of Million Switch Gears Private Limited?

The compliance status of Million Switch Gears Private Limited is Compliant.

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