About Seva Switchgear Private Limited
Data last updated:
Seva Switchgear Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 09 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U03190KA1990PTC011388. Its GSTIN is 29AACCS9131K1ZZ (Karnataka).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹27.45 Lakh. It is led by directors Sriraman Bhashyam (Whole-Time Director) and Chitra Bhashyam (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.97 Magadi Road Bangalore.23., Karnataka, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.5 Cr, a growth of 83% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 14.7%) and EBITDA of ₹2.13 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 13% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Seva Switchgear. As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹95 Lakh on record. Court records list 11 cases involving the company, including 9 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sevaspl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.97 Magadi Road Bangalore.23., Karnataka, India
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Seva Switchgear Private Limited
The main business activity of Seva Switchgear is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Seva Switchgear Private Limited FY 2025 filings available
Seva Switchgear Private Limited reported revenue of ₹11.5 Cr (up 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Seva Switchgear Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 83% growth in the latest year. EBITDA rose 538% 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 of Seva Switchgear Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.69 Cr | •••• | •••• | •••• | •••• |
| 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 of Seva Switchgear Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Seva Switchgear are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Seva Switchgear Private Limited
Seva Switchgear Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spaceage Switchgears Private Limited | ₹11.6 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Haryana, India |
| Kinetic Green Mobility Solutions Private Limited | ₹11.6 Cr (FY 2025) | •••• | •••• | 13381.0% | •••• | Pune, Maharashtra, India |
| Exotic Power Solutions Private Limited | ₹11.58 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Chennai, Tamil Nadu, India |
| Do-All Engineers Pvt Ltd | ₹11.58 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Nashik, Maharashtra, India |
| Transpower India Electronics Private Limited | ₹11.56 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Navi Mumbai, Maharashtra, India |
| Seva Switchgear Private Limited this company | ₹11.5 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Bangalore, Karnataka, India |
| Cyclo Transmissions Ltd | ₹11.5 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Satara, Maharashtra, India |
| Arvind Press Caps Limited | ₹11.48 Cr (FY 2024) | •••• | •••• | -66.0% | •••• | Kolkata, West Bengal, India |
| Pratham Multitech Private Limited | ₹11.46 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Sangamner, Maharashtra, India |
| Shalabh (India) Limited | ₹11.41 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Roorkee, Uttarakhand, India |
| Swastik Freight Movers Private Limited | ₹11.38 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Seva Switchgear by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Seva Switchgear Private Limited
Seva Switchgear Private Limited is audited by G P S V & Co. for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G P S V & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Seva Switchgear Private Limited
Seva Switchgear has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriraman Bhashyam | Whole-Time Director | 22 Aug 2013 | 13 Years 1 Months | Current |
| Chitra Bhashyam | Whole-Time Director | 16 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Seva Switchgear Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Seva Switchgear Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2023 | Others | ₹60 Lakh | Open |
| 26 Nov 2012 | Citibank N.A. | ₹95 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Seva Switchgear Private Limited
Seva Switchgear Private Limited has 11 court cases on record: 9 filed by Seva Switchgear, 1 filed against it, 1 where it is another party. 3 cases are pending and 8 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 1 |
| District courts | 4 | 1 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Arbitration matter | Filed by the company against Spectrum Tool Engineers Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed by the company against Spectrum Tool Engineers Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Spectrum Tool Engineers Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Spectrum Tool Engineers Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Assistant Provident Fund Commissioner (C & R) | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Seva Switchgear Private Limited
Seva Switchgear operates one associated brand: Seva Switchgear. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of control gear and custom components in India. | sevaspl.com |
Employees and EPFO Compliance at Seva Switchgear Private Limited
Seva Switchgear Private Limited has a workforce of 51 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Seva Switchgear Private Limited
Seva Switchgear Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Nuggehalli Gopalaayyangar Srihari ceased to be Whole-Time Director on 31 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Seva Switchgear Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Seva Switchgear Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Seva Switchgear Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Seva Switchgear Private Limited
Seva Switchgear has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS9131K1ZZ | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Seva Switchgear Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Seva Switchgear Private Limited
Seva Switchgear is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 09 November 1990 (36+ years old) and is registered under CIN U03190KA1990PTC011388.
Seva Switchgear reported revenue of ₹11.5 Cr for FY 2025 (up 83% YoY).
Seva Switchgear has 2 current directors:
- Sriraman Bhashyam - Whole-Time Director
- Chitra Bhashyam - Whole-Time Director
Seva Switchgear reported a net profit of ₹1.69 Cr (net margin 14.7%) and EBITDA of ₹2.13 Cr (EBITDA margin 18.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Seva Switchgear is 32% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 83%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Seva Switchgear is 29AACCS9131K1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Seva Switchgear is U03190KA1990PTC011388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seva Switchgear has 11 court cases on record: 9 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Seva Switchgear was incorporated on 09 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Seva Switchgear by revenue are Spaceage Switchgears Private Limited, Kinetic Green Mobility Solutions Private Limited, Exotic Power Solutions Private Limited, Do-All Engineers Pvt Ltd, Transpower India Electronics Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Nuggehalli Gopalaayyangar Srihari ceased to be Whole-Time Director on 31 May 2023. Govindarajan Bhashyam Bhashyam ceased to be Whole-Time Director on 16 Sep 2016. Chitra Bhashyam ceased to be Director on 01 Sep 2016. Seva Switchgear has 6 board changes on record in total.