About Suvik Electronics Private Limited
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Suvik Electronics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 August 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31100GJ1977PTC003035. Its GSTIN is 24AADCS0866J1ZA (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Naishadh Indrakant Parikh and Kartikeya Vikram Sarabhai.
Its last annual general meeting (AGM) was held on 21 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 705 7th Floor Kaivanna Panchwati Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2026, the company reported a revenue of ₹2.39 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹3.29 Lakh (net margin -137.5%) and EBITDA of -₹3.29 Lakh (EBITDA margin -137.5%). Revenue has declined at a compounded annual rate (CAGR) of 96% over three years and 12% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.5 Lakh and satisfied charges of ₹11.62 Cr on record. Court records list 42 cases involving the company, including 22 filed by the company and 20 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suvik.com.
Company details
Contact details
Suvik Electronics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is suvik.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address705 7th Floor Kaivanna Panchwati Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Suvik Electronics 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
Financials of Suvik Electronics Private Limited
FY 2025 filings availableSuvik Electronics Private Limited reported revenue of ₹2.39 Lakh (down 54% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 54% fall in the latest year. EBITDA rose 59% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹3.29 Lakh | ||||
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| Net Profit (PAT) | -₹3.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -137.5% | ||||
| Net Profit Margin | -137.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Suvik Electronics Private Limited, buy the company report.
Board of directors of Suvik Electronics Private Limited
Suvik Electronics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naishadh Indrakant Parikh | Director | 20 Jul 2003 | 23 Years 3 Months | Current |
| Kartikeya Vikram Sarabhai Also directs: Ambalal Sarabhai Enterprises Limited, Rajka Designs Pvt Ltd, Darpana Investments Pvt Ltd and 5 more | Director | 08 Aug 1984 | 42 Years 2 Months | Current |
Peer comparison
Suvik Electronics Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paradise Metals Private Limited | ₹9.75 Lakh (FY 2025) | -2.0% | Mayapuri, Delhi, India | |||
| Chaitanya Power Systems Private Limited | ₹9.74 Lakh (FY 2024) | -90.0% | Hyderabad, Telangana, India | |||
| Macon Power Private Limited | ₹9.33 Lakh (FY 2024) | -31.0% | Pune, Maharashtra, India | |||
| Suvik Electronics Private Limitedthis company | ₹2.39 Lakh (FY 2026) | -₹3.29 Lakh | -137.5% | -54.0% | 27 | Ahmedabad, Gujarat, India |
To see the full peer comparison of Suvik Electronics Private Limited, buy the company report.
Auditor
Suvik Electronics Private Limited is audited by Sorab S Engineer & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sorab S Engineer & Co | FY 2022 | 100892 |
Shareholding
The shareholding of Suvik Electronics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suvik Electronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2008 | 10167369 | State Bank of India | ₹4.75 Cr | Satisfied | |
| 24 Mar 2008 | 10093341 | State Bank of India | ₹1.87 Cr | Satisfied | |
| 24 Dec 2003 | 90112844 | Bank of India | ₹20 Lakh | Satisfied | |
| 29 Feb 1996 | 90107567 | Bank of India | ₹2.15 Cr | Satisfied | |
| 01 Feb 1996 | 80003458 | Bank of India | ₹80 Lakh | Satisfied |
To see the full charge records of Suvik Electronics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Suvik Electronics Private Limited has 42 court cases on record: 22 filed by Suvik Electronics, 20 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 14 | 0 |
| High courts | 12 | 5 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Philips Electronics India Ltd. | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (SMST R) | Filed by the company against Shree Khodal Electronics Pvt Ltd and 6 others | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Shree Khodal Electronics Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by M/S Radio Electric Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by M/S Radio Electric Pvt Ltd, A Company | Disposed |
To see the full case history of Suvik Electronics 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
No delayed payments to MSME suppliers are on our record for Suvik Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suvik Electronics Private Limited has a workforce of 27 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Suvik Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0866J1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suvik Electronics Private Limited, buy the company report.
Recent activity
Suvik Electronics Private Limited has 4 board changes on record since 1984: 2 appointments and 2 cessations. The latest: Parag Jitendrabhai Pandya ceased to be Managing Director on 30 Apr 2020.
14 earlier events are in the company report.
Frequently asked questions
Suvik Electronics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 August 1977 (49+ years old) and is registered under CIN U31100GJ1977PTC003035.
Suvik Electronics has 2 current directors:
- Naishadh Indrakant Parikh - Director
- Kartikeya Vikram Sarabhai - Director
The latest financial statements of Suvik Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Suvik Electronics is 24AADCS0866J1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Suvik Electronics is U31100GJ1977PTC003035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suvik Electronics has 42 court cases on record: 22 filed by the company and 20 filed against it. Most are in the district courts.
Suvik Electronics was incorporated on 26 August 1977, making it 49+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Suvik Electronics by revenue are Paradise Metals Private Limited, Chaitanya Power Systems Private Limited, Macon Power Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Parag Jitendrabhai Pandya ceased to be Managing Director on 30 Apr 2020. Suhrid Suhrid Sarabhai ceased to be Director on 24 Mar 2015. Naishadh Indrakant Parikh was appointed as Director on 20 Jul 2003. Suvik Electronics has 4 board changes on record in total.
Suvik Electronics can be reached through the website suvik.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Suvik Electronics is at 705 7th Floor Kaivanna Panchwati Ellisbridge, Ahmedabad, Gujarat, India – 380006.