About Swadesh Business Solution Private Limited
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Swadesh Business Solution Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the motor vehicles segment of the automobiles sector. It was incorporated on 03 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U68100OR2015PTC019371. Its GSTIN is 21AAWCS1437N1ZW (Odisha).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹2.16 Cr. It is led by directors Iqbal Baig and Javed Akhtar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No – 7/1363 Acharya Vihar, Bhubaneswar, Odisha, India – 751022.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.26 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹37.52 Lakh (net margin -7.1%) and EBITDA of ₹3.99 Cr (EBITDA margin 75.9%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 8% 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 ₹7.12 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swadesh.biz.
Company details
CIN history
Swadesh Business Solution has one previous CIN (Corporate Identification Number): U45500OR2015PTC019371. The current CIN is U68100OR2015PTC019371, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100OR2015PTC019371 | Current |
| U45500OR2015PTC019371 | Previous |
Contact details
Swadesh Business Solution Private Limited's registered office is in Bhubaneswar, Odisha.
- Registered AddressPlot No – 7/1363 Acharya Vihar, Bhubaneswar, Odisha, India – 751022
- IndustryAutomobile, Motor Vehicles, Machinery, Renting, Capital Goods, Equipment
- 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
Business activity
The main business activity of Swadesh Business Solution is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Swadesh Business Solution Private Limited, buy the company report.
Financials of Swadesh Business Solution Private Limited
FY 2024 filings availableSwadesh Business Solution Private Limited reported revenue of ₹5.26 Cr (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 46% fall in the latest year. EBITDA fell 70% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.99 Cr | ||||
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| Net Profit (PAT) | -₹37.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75.9% | ||||
| Net Profit Margin | -7.1% | ||||
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To see the full financial statements and ratios of Swadesh Business Solution Private Limited, buy the company report.
Board of directors of Swadesh Business Solution Private Limited
Swadesh Business Solution 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 |
|---|---|---|---|---|
| Iqbal Baig Also directs: Bluestone Farm Private Limited, Urbanyx Infra Private Limited | Director | 22 Mar 2023 | 3 Years 7 Months | Current |
| Javed Akhtar Also directs: Bluestone Farm Private Limited, K K Resources Private Limited | Director | 03 Sep 2015 | 11 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2021 | 100522417 | Axis Bank Limited | ₹7.12 Cr | Satisfied |
To see the full charge records of Swadesh Business Solution Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Swadesh Business Solution Private Limited has 2 court cases on record: 2 filed by Swadesh Business Solution. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against State of Odisha and 3 others | Disposed |
| District court, Khurda, Odisha | Revision petition | Filed by the company against Orissa Construction and Techno Engineering Co-Operative Society Ltd. and Another | Disposed |
To see the full case history of Swadesh Business Solution Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swadesh Business Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swadesh Business Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAWCS1437N1ZW | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swadesh Business Solution Private Limited, buy the company report.
Recent activity
Swadesh Business Solution Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Iqbal Baig was appointed as Director on 22 Mar 2023.
Frequently asked questions
Swadesh Business Solution is an active private limited company based in Bhubaneswar, Odisha, India. The company works in motor vehicles, within the automobile industry. It was incorporated on 03 September 2015 (11+ years old) and is registered under CIN U68100OR2015PTC019371.
Swadesh Business Solution has 2 current directors:
- Iqbal Baig - Director
- Javed Akhtar - Director
The latest financial statements of Swadesh Business Solution on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Swadesh Business Solution is 21AAWCS1437N1ZW, registered in Odisha.
The CIN (Corporate Identification Number) of Swadesh Business Solution is U68100OR2015PTC019371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swadesh Business Solution has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Swadesh Business Solution was incorporated on 03 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Cuttack.
Iqbal Baig was appointed as Director on 22 Mar 2023. Quabisa Khatoon ceased to be Director on 30 Jun 2022. Mohammad Imtiyaz Ahmad ceased to be Additional Director on 10 Aug 2019. Swadesh Business Solution has 6 board changes on record in total.
Swadesh Business Solution can be reached through the website swadesh.biz. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Swadesh Business Solution is at Plot No – 71363 Acharya Vihar, Bhubaneswar, Odisha, India – 751022.
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