Schurter Electronics (India) Private Limited - Company Profile

It is a information technology private limited company based in Savli, Gujarat, India, established in 1998.
1998 Savli, Gujarat, India Active
Last Updated:
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About Schurter Electronics (India) Private Limited

Schurter Electronics (India) Private Limited, a active private limited company, was established on 02 November 1998 in Savli, Gujarat, India. Engaging in electronic components & equipment manufacturing within the manufacturing sector, it holds CIN: U29199GJ1998PTC034899. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.40 Cr and a paid-up capital of ₹1.30 Cr.

It upholds a compliant status. Employing 72 professional, Its leadership includes Asgari Abdeali Lokhandwala (Managing Director), Subramanian Palanivelan (Director), Azaz Abdeali Lokhandwala (Whole-Time Director). Past directors included Martin Herbert Zarges, Rolf Nussbaumer, Hans Rudolf Schurter. It holds ₹8.72 Cr open charges and ₹8.86 Cr settled loans. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot Nos. E 59 / 60 /61, Gidc, Manjusar Savli Road, Taluka Savli, Savli, Gujarat, 391775.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29199GJ1998PTC034899

  • Registration Number

    034899

  • Incorporation Date

    02 November 1998

  • Authorized Capital

    ₹1.40 Cr

  • Paid-Up Capital

    ₹1.30 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.40 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 8.72 Cr
  • Satisfied Charges ₹ 8.86 Cr
  • Revenue Growth **** -13.33%
  • Profit Growth **** -21.05%
  • Ebitda **** -8.86%
  • Net Worth 14.93%
  • Total Assets -15.96%
Company report

Schurter Electronics (India) Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Schurter Electronics (India) 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 Schurter Electronics (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Asgari Abdeali Lokhandwala Managing Director 02 Nov 1998 Current
Subramanian Palanivelan Director 01 Aug 2024 Current
Azaz Abdeali Lokhandwala Whole-Time Director 15 Jul 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 May 2017 Past
Pramod Abcsdd Additional Director 11 Jul 2016 Past
Pramod Abcsdd Director 24 Aug 2015 Past
Pramod Abcsdd Director 31 Oct 2011 Past
Pramod Abcsdd Director 20 Jan 2012 Past
Pramod Abcsdd Additional Director 18 Mar 2025 Past

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Financial Performance of Schurter Electronics (India).

Schurter Electronics (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.33% decrease. The company also saw a substantial fall in profitability, with a 21.05% decrease in profit. The company's net worth Soared by an impressive increase of 14.93%.

Schurter Electronics (India) revenue growth over time
Schurter Electronics (India) 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
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 -13.33%
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Revenue from Operations
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 -12.52%
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Total Assets
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 -15.96%
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*******
*******
Profit or Loss
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 -21.05%
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*******
*******
*******
Net Worth
*******
 14.93%
*******
*******
*******
*******
EBITDA
*******
 -8.86%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Schurter Electronics (India)?

In 2023, Schurter Electronics (India) 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

₹87,200,000.00

Satisfied Charges

₹88,606,761.00

Charges Breakdown by Lending Institutions
  • Idbi Bank Limited : 8.72 Cr
Latest Charge Details
Date Lender Amount Status
17 Nov 2021 Idbi Bank Limited ₹7.20 M Open
02 Feb 2008 Idbi Bank Limited ₹8.00 Cr Open
21 May 2024 Axis Bank Limited ₹8.51 Cr Satisfied
19 Mar 2021 Hdfc Bank Limited ₹1.81 M Satisfied
19 Dec 2019 Idbi Bank Limited ₹1.70 M Satisfied

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How Many Employees Work at Schurter Electronics (India)?

Schurter Electronics (India) has a workforce of 72 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Schurter Electronics (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Schurter Electronics (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Schurter Electronics (India)
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Schurter Electronics (India) Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Azaz Abdeali Lokhandwala was appointed as a Whole-time director was appointed as a Whole-time director on 15 Jul 2025 & has been associated with this company since 10 months 23 days . was completed.

  • Balance Sheet

    Schurter Electronics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    The activity A charge registered on 21 May 2024 via Charge ID 100946986 with Axis Bank Limited was fully satisfied on 16 Jan 2025. was completed.

  • Charges

    The activity A charge registered on 19 Mar 2021 via Charge ID 100442049 with Hdfc Bank Limited was fully satisfied on 21 Dec 2024. was completed.

  • Charges

    A charge registered on 19 Dec 2019 via Charge ID 100366615 with Idbi Bank Limited was fully satisfied on 19 Dec 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Schurter Electronics (India) Private Limited?

The CIN of Schurter Electronics (India) Private Limited is U29199GJ1998PTC034899.

Where is Schurter Electronics (India) Private Limited headquartered?

Schurter Electronics (India) Private Limited is headquartered at Plot Nos. E 59 / 60 /61, Gidc, Manjusar Savli Road, Taluka Savli, Savli, Gujarat, 391775.

When was Schurter Electronics (India) Private Limited incorporated?

Schurter Electronics (India) Private Limited was incorporated on 02 November 1998.

Who are the current directors of Schurter Electronics (India) Private Limited?

The current directors of Schurter Electronics (India) Private Limited are

What is the primary industry of Schurter Electronics (India) Private Limited?

The primary industry of Schurter Electronics (India) Private Limited is Manufacturing.

Is Schurter Electronics (India) Private Limited a listed company?

Schurter Electronics (India) Private Limited is unlisted.

What is the capital structure of Schurter Electronics (India) Private Limited?

The authorized capital of Schurter Electronics (India) Private Limited is ₹1.40 Cr, and the paid-up capital is ₹1.30 Cr.

What is the compliance status of Schurter Electronics (India) Private Limited?

The compliance status of Schurter Electronics (India) Private Limited is Compliant.

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