MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-15-0000869
Sway Techno Solutions Private Limited - consumer electronics & durables in Bareilly, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹3.08 Cr
▼ 75% YoY
Net profit · FY 2020
₹1.63 Lakh
Net margin 0.5%
EBITDA · FY 2020
₹11.07 Lakh
EBITDA margin 3.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹92.67 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings
About Sway Techno Solutions Private Limited
Data last updated:
Sway Techno Solutions Private Limited is a private limited company based in Bareilly, Uttar Pradesh, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U72300UP2009PTC037721. Its GSTIN is 09AANCS5316F1Z6 (Uttar Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Harsh Bhardhan Gangwar and Sumangla Devi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 2 Shastri Nagar, Bareilly, Uttar Pradesh, India – 243003.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.08 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Lakh (net margin 0.5%) and EBITDA of ₹11.07 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 26% over five years.
The company is associated with 1 brand: Sway Techno Solutions. As per MCA filings, the company has open charges of ₹92.67 Lakh on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 4 cases are pending.
Sway Techno Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-15-0000869). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website swaytech.in.
Company details
CIN U72300UP2009PTC037721
Registration Number 037721
Incorporation Date 06 July 2009
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-15-0000869
Key People
Harsh Bhardhan Gangwar Director Sumangla Devi Director Atul Kumar Gangwar Additional Director Recognitions & Rankings of Sway Techno Solutions
Contact details
Sway Techno Solutions Private Limited's registered office is in Bareilly, Uttar Pradesh. Its website is swaytech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 2 Shastri Nagar, Bareilly, Uttar Pradesh, India – 243003
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Sway Techno Solutions Private Limited, buy the company report.
Comprehensive company report
Sway Techno Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Sway Techno Solutions operates one associated brand: Sway Techno Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology developer in the space of cleatech | swaytech.in |
Business activity
The main business activity of Sway Techno Solutions 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 Sway Techno Solutions Private Limited, buy the company report.
Financials of Sway Techno Solutions Private Limited
FY 2022 filings availableSway Techno Solutions Private Limited reported revenue of ₹3.08 Cr (down 75% YoY) for FY 2020.
Revenue · FY 2020
₹3.08 Cr ▼ 75%
Net profit · FY 2020
₹1.63 Lakh margin 0.5%
EBITDA · FY 2020
₹11.07 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▲ 15%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 15%
5 years · compounded
▲ 10%
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 21% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.08 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.63 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sway Techno Solutions Private Limited, buy the company report.
Board of directors of Sway Techno Solutions Private Limited
Sway Techno Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Bhardhan Gangwar | Director | 06 Jul 2009 | 17 Years 3 Months | Current |
| Sumangla Devi Also directs: Samverdhan Sumangal Farmers Producer Company Limited | Director | 06 Jul 2009 | 17 Years 3 Months | Current |
| Atul Kumar Gangwar | Additional Director | 14 May 2010 | 16 Years 5 Months | Current |
Auditor
Sway Techno Solutions Private Limited is audited by K D LUTHRA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K D LUTHRA & CO | FY 2020 | 002330N |
Shareholding
The shareholding of Sway Techno Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sway Techno Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹92.67 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2021 | 100439379 | Dhanlaxmi Bank Limited | ₹8.17 Lakh | Open | |
| 17 Dec 2013 | 10475504 | Others | ₹84.5 Lakh | Open |
To see the full charge records of Sway Techno Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sway Techno Solutions Private Limited has 13 court cases on record: 4 filed by Sway Techno Solutions, 9 filed against it. 4 cases are pending and 9 are disposed.
Total cases
13
Filed by the company
4
Filed against the company
9
Pending
4
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 9 | 3 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed by the company against Ravin Infraproject Pvt Ltd and 1 other | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by M/S Rhine Solar Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S Connect Info Solutions India Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed by the company against Ravin Infraproject Pvt Ltd and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against Ravin Infraproject Pvt Ltd and 1 other | Disposed |
To see the full case history of Sway Techno Solutions 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 Sway Techno Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sway Techno Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AANCS5316F1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sway Techno Solutions Private Limited, buy the company report.
Recent activity
Sway Techno Solutions Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Atul Kumar Gangwar was appointed as Additional Director on 14 May 2010.
AGM
Sway Techno Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Sway Techno Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Uttar Pradesh I.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 8.17 Lakh with Charge ID 100439379 was registered on 26 Mar 2021.
Charges
A charge with Others of Rs. 84.50 Lakh registered on 17 Dec 2013 with Charge ID 10475504 was modified on 30 Jun 2020.
Charges
A charge with Others amounted to Rs. 84.50 Lakh with Charge ID 10475504 was registered on 17 Dec 2013.
Appointed
Atul Kumar Gangwar was appointed as Additional Director.
Appointed
Harsh Bhardhan Gangwar was appointed as Director.
Appointed
Sumangla Devi was appointed as Director.
Incorporation
06 Jul 2009
Sway Techno Solutions Private Limited was registered on 06 Jul 2009 with Roc Uttar Pradesh I & aged 17 years 3 months as per MCA records.
Frequently asked questions
Sway Techno Solutions is an active private limited company based in Bareilly, Uttar Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 July 2009 (17+ years old) and is registered under CIN U72300UP2009PTC037721.
Sway Techno Solutions has 3 current directors:
- Harsh Bhardhan Gangwar - Director
- Sumangla Devi - Director
- Atul Kumar Gangwar - Additional Director
The latest financial statements of Sway Techno Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Sway Techno Solutions is 09AANCS5316F1Z6, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Sway Techno Solutions is U72300UP2009PTC037721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sway Techno Solutions has 13 court cases on record: 4 filed by the company and 9 filed against it. 4 are pending. Most are in the district courts.
Sway Techno Solutions was incorporated on 06 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Atul Kumar Gangwar was appointed as Additional Director on 14 May 2010. Harsh Bhardhan Gangwar was appointed as Director on 06 Jul 2009. Sumangla Devi was appointed as Director on 06 Jul 2009.
Yes, Sway Techno Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-15-0000869).
Sway Techno Solutions can be reached through the website swaytech.in. Its registered office is in Bareilly, Uttar Pradesh, India.