Sudhir Switchgears Private Limited

Manufacturer and exporter of electrical products, including flame control systems, panels, and fans.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sudhir Switchgears Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 43 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.26 Cr
  • Satisfied Charges ₹ 3.93 Cr
  • Revenue Growth 20.41%
  • Profit Growth 31.51%
  • Ebitda 26.31%
  • Net Worth 17.20%
  • Total Assets 2.26%

About Sudhir Switchgears

Sudhir Switchgears Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 July 1981 and has a history of 43 years and ten months. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹5.26 Cr. The company has closed loans amounting to ₹3.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Agarwal and Akshay Agarwal serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31100MH1981PTC024854

  • Company No.

    024854

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Sudhir Switchgears Private Limited offer?

Sudhir Switchgears Private Limited offers a wide range of products and services, including Switches & Switch Boxes, Limit Switches, Indoor Lights & Lighting Accessories, LED Panel Light, Mobile Phone & Accessories, Corded Telephones, Relays, Protective Relays, Fire Alarm Systems, Fire Alarms.

Company report

Sudhir Switchgears Private Limited

Explore comprehensive data for Sudhir Switchgears Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sudhir Switchgears?

Board Members (2)

NameDesignationAppointment DateStatus
Ravi Agarwal Country flag representing In Director 28-Mar-2022Current
Akshay Agarwal Country flag representing In Director 28-Mar-2022Current

Financial Performance of Sudhir Switchgears.

Sudhir Switchgears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.41% increase. The company also saw a substantial improvement in profitability, with a 31.51% increase in profit. The company's net worth Soared by an impressive increase of 17.2%.

Sudhir Switchgears revenue growth over time
Sudhir Switchgears profit and loss trends over time
  • 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
20.41%
Revenue from Operations
19.94%
Total Assets
2.26%
Profit or Loss
31.51%
Net Worth
17.20%
EBITDA
26.31%

What is the Ownership and Shareholding Structure of Sudhir Switchgears?

In 2023, Sudhir Switchgears 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 Indicator graph

Charges (Loans)

Open Charges

₹52.65 M

Satisfied Charges

₹39.30 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.11 Cr
  • Dena Bank : 0.13 Cr
  • M/S Sundaram Finance Ltd. : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2021Hdfc Bank Limited₹1.06 MOpen
27 Mar 2019Hdfc Bank Limited₹5.00 CrOpen
31 Dec 2004M/S Sundaram Finance Ltd.₹0.33 MOpen
08 Nov 1988Dena Bank₹0.50 MOpen
21 Jun 1984Dena Bank₹0.70 MOpen

How Many Employees Work at Sudhir Switchgears?

Sudhir Switchgears has a workforce of 287 employees as of Mar 22, 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 growth trends for Sudhir Switchgears Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sudhir Switchgears, 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 Sudhir Switchgears'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.

Latest Updates, News, and FAQs on Sudhir Switchgears

Recent activity within the organization

  • Annual General Meeting

    Sudhir Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sudhir Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 M registered on 27 Mar 2019 with Charge ID 100258217 was modified on 17 Jul 2023.

  • Director Appointment

    Ravi Radheshyam Agarwal was appointed as a Director was appointed as a Director on 28 Mar 2022 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Akshay Ramprasad Agarwal was appointed as a Director was appointed as a Director on 28 Mar 2022 & has been associated with this company since 3 years 2 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.06 M with Charge ID 100436204 was registered on 11 Jan 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Sudhir Switchgears Private Limited?

    Sudhir Switchgears Private Limited was incorporated on 24 Jul 1981.

  • What is authorized share capital and paid-up capital of Sudhir Switchgears Private Limited?

    The authorized share capital of Sudhir Switchgears Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Sudhir Switchgears Private Limited?

    Currently 2 directors are associated with Sudhir Switchgears Private Limited.

    • Ravi Radheshyam Agarwal
    • Akshay Ramprasad Agarwal
  • What is the registered address of Sudhir Switchgears Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sudhir Switchgears Private Limited is 305/306 Apeejay House130 Samachar Marg Fort India, Mumbai, Maharashtra, 400023.

  • What is the corporate identification number (CIN) and company number of Sudhir Switchgears Private Limited?

    The corporate identification number (CIN) of Sudhir Switchgears Private Limited is U31100MH1981PTC024854 and the company number is 024854 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sudhir Switchgears Private Limited?

    The Official website of Sudhir Switchgears Private Limited is https://www.sudhirswitchgears.com

  • What has been the recent revenue trend for Sudhir Switchgears Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sudhir Switchgears Private Limited has risen by 20.41%.

  • How many employees does Sudhir Switchgears Private Limited currently have?

    As Per 2023 financial reports, 287 employees are currently employed by Sudhir Switchgears Private Limited.

  • What change has been observed in the net worth of Sudhir Switchgears Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sudhir Switchgears Private Limited has experienced an upsurge of 17.20%.

  • What are the total open charges for Sudhir Switchgears Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sudhir Switchgears Private Limited amount to ₹ 5.26 Cr.

  • When was the last Balance Sheet of Sudhir Switchgears Private Limited filed with the ROC?

    The most recent Balance Sheet for Sudhir Switchgears Private Limited was filed with the ROC on 31 Mar 2024.

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