About Shri Ram Switchgears Limited
Data last updated: 25 June 2025
Shri Ram Switchgears Limited is a public limited company based in Ratlam, Madhya Pradesh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 06 September 1985, the company has been in operation for over 41 years.
Registered with ROC Gwalior under CIN L31200MP1985PLC003026. Listed on NSE: SRIRAM.
Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.01 Cr. Formerly known as Shri Ram Switchgears Private Limited. It is led by directors including Devraj Jhalani and Rohit Kumar Jhalani.
Last AGM: 30 November 2023. Financial statements filed for year ended 31 March 2023. Office: Shri Ram Bhawan Goushala Road, Ratlam, Madhya Pradesh, India – 457001.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.95 Cr, a decline of 33% compared to the previous year.
The company has a workforce of approximately 16 employees as per the latest available data.
The company is associated with 1 brand - Shri Ram Switchgears. As per MCA filings, the company has open charges of ₹82.9 Cr and satisfied charges of ₹46.93 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is shriramswitchgears.com.
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Registered AddressShri Ram Bhawan Goushala Road, Ratlam, Madhya Pradesh, India – 457001
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IndustryEnergy and Power, Power Equipment Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Shri Ram Switchgears Limited
Shri Ram Switchgears Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31200MP1985PLC003026, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31200MP1985PLC003026 | Current |
| U31200MP1985PTC003026 | Previous |
| U31200MP1985PLC003026 | Previous |
Associated Brands with Shri Ram Switchgears Limited
Shri Ram Switchgears Limited operates one associated brand: Shri Ram Switchgears. These brands represent Shri Ram Switchgears Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures transformers, switchgears, and distribution boxes for electrical engineering applications. | shriramswitchgears.com |
Competitors & Alternatives of Shri Ram Switchgears Limited
Brands and companies operating in the same space as Shri Ram Switchgears Limited include ESAB, HPL Electric & Power, Murrelektronik and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
ESAB
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Manufacturer of welding equipments | Mississauga, Canada, Canada | 1904 |
HPL Electric & Power
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Manufacturer of electrical equipment products | Noida, India, India | 1992 |
Murrelektronik
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Automation with Murrelektronik | stay connected | Bucheon-si, South Korea, South Korea | 1975 |
Maxon Group
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Manufacturer of AC & brushless DC motors, sensors, gears, and underwater drive systems | Sachseln, Switzerland, Switzerland | 1961 |
Integral Systems and Components
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Switches and electromechanical components are manufactured for various applications. | Bengaluru, India, India | 1979 |
Mencom Corporation
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Manufactures industrial connectors for power, control, signal, and networking applications worldwide. | Oakwood, United States, United States | 1987 |
LHP Motors
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Manufactures energy-efficient electric motors and gears for global industrial sectors. | Solapur, India, India | 1981 |
Wittenstein
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Specializes in motor technologies for electromechanical drive systems. | Igersheim, Germany, Germany | 1949 |
Centum Controls
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Manufactures high-quality electrical automation equipment for industrial use. | Chennai, India, India | 2014 |
CUI Devices
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Manufactures high-quality electronic components, relays, sensors, and more. | Lake Oswego, United States, United States | 1989 |
Business Activity of Shri Ram Switchgears Limited
Shri Ram Switchgears Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 for Shri Ram Switchgears Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Shri Ram Switchgears Limited
Shri Ram Switchgears Limited is audited by A Palak & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A Palak & Associates | Locked | Locked | Locked |
Complete auditor history for Shri Ram Switchgears Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors and KMP of Shri Ram Switchgears Limited
Shri Ram Switchgears Limited currently reports 6 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devraj Jhalani | Whole-Time Director | 01 Apr 2007 | 19 Years 4 Months | As last reported |
| Rohit Kumar Jhalani | Whole-Time Director | 01 Apr 1998 | 28 Years 4 Months | As last reported |
| Nilesh Kumar Jhalani | Managing Director | 01 Apr 2007 | 19 Years 4 Months | As last reported |
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Naresh Kumar Jhalani
Also directs:
Shri Ram Envopak (India) Private Limited
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Cfo | 04 Jan 2017 | 9 Years 7 Months | As last reported |
| Sapna Jhalani | Director | 06 Jan 2017 | 9 Years 7 Months | As last reported |
| Atul Krishna Khandelwal | Director | 06 Jan 2017 | 9 Years 7 Months | As last reported |
Financials of Shri Ram Switchgears Limited FY 2023 filings available
Shri Ram Switchgears Limited reported revenue of ₹2.95 Cr (down 33.00% YoY) for FY 2023.
Ten-year financial statements for Shri Ram Switchgears Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Shri Ram Switchgears Limited
Shareholding and ownership data for Shri Ram Switchgears Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Charges & Borrowings of Shri Ram Switchgears Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2017 | Others | ₹2.4 Cr | Open |
| 13 Jun 2016 | Others | ₹4 Cr | Open |
| 02 Jun 2016 | Others | ₹71.1 Cr | Open |
| 26 Dec 2015 | Au Financiers (India) Limited | ₹45 Lakh | Open |
| 01 Oct 2015 | Au Financiers (India) Limited | ₹2.25 Cr | Open |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Shri Ram Switchgears Limited
Shri Ram Switchgears Limited has a workforce of 16 employees as of Apr 03, 2024.
Employee and EPFO history for Shri Ram Switchgears Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Shri Ram Switchgears Limited
GST registrations and filing compliance for Shri Ram Switchgears Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Shri Ram Switchgears Limited
Credit ratings, litigation, and regulatory alerts for Shri Ram Switchgears Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Shri Ram Switchgears Limited
MSME payment history for Shri Ram Switchgears Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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- Delay periods and reasons
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Subsidiaries & Group Companies of Shri Ram Switchgears Limited
Corporate group structure for Shri Ram Switchgears Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Shri Ram Switchgears Limited
MCA filings and documents for Shri Ram Switchgears Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Shri Ram Switchgears Limited
Frequently Asked Questions about Shri Ram Switchgears Limited
Shri Ram Switchgears Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Shri Ram Switchgears Limited is a company under insolvency, formerly operating as a public limited company in the energy and power sector based in Ratlam, Madhya Pradesh, India. It was incorporated on 06 September 1985 and is registered under CIN L31200MP1985PLC003026. Listed on NSE: SRIRAM. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shri Ram Switchgears Limited reported revenue of ₹2.95 Cr for FY 2023 (down 33.00% YoY).
The current directors and KMP of Shri Ram Switchgears Limited are:
- Devraj Jhalani - Whole-Time Director
- Rohit Kumar Jhalani - Whole-Time Director
- Nilesh Kumar Jhalani - Managing Director
- Naresh Kumar Jhalani - Cfo
- Sapna Jhalani - Director
- Atul Krishna Khandelwal - Director
- Mudit Gupta - Director
The CIN (Corporate Identification Number) of Shri Ram Switchgears Limited is L31200MP1985PLC003026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shri Ram Switchgears Limited is listed on NSE with symbol SRIRAM.