Shi Switchgears Private Limited
About Shi Switchgears Private Limited
Data last updated:
Shi Switchgears Private Limited was a private limited company based in Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 30 March 2000.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U32109DL2000PTC104857. Its GSTIN is 07AAHCS2345C1ZN (Delhi). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹13.62 Lakh. It was led by directors Surinder Kumar Gupta and Ashish Gupta.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at House No. 22 Left Portion 2nd Floor Blk – B Opp.Central Market Phase 1 Ashok Vihar, Delhi, India – 110052.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.96 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹16,352 (net margin 8.3%) and EBITDA of ₹72,460 (EBITDA margin 36.9%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 57% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.3 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
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- Registered AddressHouse No. 22 Left Portion 2nd Floor Blk – B Opp.Central Market Phase 1 Ashok Vihar, Delhi, India – 110052
- 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 Shi Switchgears Private Limited
The main business activity of Shi Switchgears is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Shi Switchgears Private Limited
Shi Switchgears Private Limited is audited by V R BANSAL & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V R BANSAL & ASSOCIATES | 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 Shi Switchgears Private Limited
Shi Switchgears has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surinder Kumar Gupta Also directs: Shi Switchgears LLP | Director | 30 Mar 2000 | 26 Years 6 Months | As last reported |
| Ashish Gupta Also directs: Shi Switchgears LLP | Director | 30 Mar 2000 | 26 Years 6 Months | As last reported |
Financials of Shi Switchgears Private Limited FY 2023 filings available
Shi Switchgears Private Limited reported revenue of ₹1.96 Lakh (down 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Shi Switchgears Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 42% fall in the latest year. EBITDA fell 27% 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 Shi Switchgears Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹72,460 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16,352 | •••• | •••• | •••• | •••• |
| 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 Shi Switchgears Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.3% | •••• | •••• | •••• | •••• |
| 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 Shi Switchgears 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.
Ownership and Shareholding of Shi Switchgears 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 Shi Switchgears Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2021 | Others | ₹90 Lakh | Satisfied |
| 28 Feb 2013 | Canara Bank | ₹6.9 Lakh | Satisfied |
| 09 Jul 2012 | Canara Bank | ₹65 Lakh | Satisfied |
| 04 Sep 2010 | Canara Bank | ₹2.75 Lakh | Satisfied |
| 01 Mar 2007 | Canara Bank | ₹40 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Shi Switchgears Private Limited
Shi Switchgears Private Limited has a workforce of 10 employees as of Apr 09, 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.
GST Compliance of Shi Switchgears Private Limited
Shi Switchgears has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCS2345C1ZN | Delhi | Active | 01 Jul 2017 |
| 09AAHCS2345C1ZJ | Uttar Pradesh | 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.
Legal Cases of Shi Switchgears Private Limited
Shi Switchgears Private Limited has 2 court cases on record: 2 filed by Shi Switchgears. 1 case is pending and 1 is disposed. Status as checked between 30 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed by the company against RG Infra-Build Private Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Pending |
Full case history
All 2 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.
Credit Ratings, Litigation & Regulatory Alerts for Shi Switchgears 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 Shi Switchgears 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 Shi Switchgears 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.
MCA Filings & Documents of Shi Switchgears 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.
Recent Activity on Shi Switchgears Private Limited
Frequently Asked Questions about Shi Switchgears Private Limited
Shi Switchgears has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Shi Switchgears was a private limited company based in Delhi, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 30 March 2000 and is registered under CIN U32109DL2000PTC104857. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Shi Switchgears is U32109DL2000PTC104857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shi Switchgears had 2 directors:
- Surinder Kumar Gupta - Director
- Ashish Gupta - Director
Shi Switchgears was incorporated on 30 March 2000. It is registered with the Registrar of Companies, Delhi.
The registered office of Shi Switchgears is at House No. 22 Left Portion 2nd Floor Blk – B Opp.Central Market Phase 1 Ashok Vihar, Delhi, India – 110052.
Shi Switchgears reported revenue of ₹1.96 Lakh for FY 2023 (down 42% YoY).
Shi Switchgears has an authorised share capital of ₹1 Cr and a paid-up capital of ₹13.62 Lakh.
Shi Switchgears reported a net profit of ₹16,352 (net margin 8.3%) and EBITDA of ₹72,460 (EBITDA margin 36.9%) for FY 2023, as per its filed financial statements.