About Swastik Copper Private Limited
Data last updated:
Swastik Copper Private Limited is a private limited company based in Jaipur, Rajasthan, 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 operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 17 February 1993.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U27201RJ1993PTC007230. Its GSTIN is 08AADCS4534K1Z5 (Rajasthan).
The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹1.57 Cr. It is led by directors Sandeep Jain and Indra Jain.
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 E – 1/1274 Phase – III Sitapura Industrial Area, Jaipur, Rajasthan, India – 302022.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.65 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹2.86 Cr (net margin -10%) and EBITDA of ₹3.55 Cr (EBITDA margin 12.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 11% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹67.2 Cr and satisfied charges of ₹53.45 Cr on record. Court records list 126 cases involving the company, including 77 filed by the company and 49 filed against it; 29 cases are pending.
The last known website on record is swastikcopper.com.
Company details
Contact details
Swastik Copper Private Limited's registered office is in Jaipur, Rajasthan. Its website is swastikcopper.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 1/1274 Phase – III Sitapura Industrial Area, Jaipur, Rajasthan, India – 302022
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Swastik Copper Private Limited, buy the company report.
- 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 Swastik Copper is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Swastik Copper Private Limited, buy the company report.
Financials of Swastik Copper Private Limited
FY 2024 filings availableSwastik Copper Private Limited reported revenue of ₹28.65 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 38% fall in the latest year. EBITDA rose 107% 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 | ₹3.55 Cr | ||||
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| Net Profit (PAT) | -₹2.86 Cr | ||||
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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 | 12.4% | ||||
| Net Profit Margin | -10% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Swastik Copper Private Limited, buy the company report.
Board of directors of Swastik Copper Private Limited
Swastik Copper has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Jain Also directs: Neelam Techmech Private Limited | Director | 17 Feb 1993 | 33 Years 8 Months | As last reported |
| Indra Jain | Director | 18 Oct 2019 | 7 Years 0 Months | As last reported |
Peer comparison
Swastik Copper Private Limited is compared with the 8 companies closest to it by revenue in the Power industry (Copper, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nemr Industries Private Limited | ₹28.89 Cr (FY 2024) | 113.0% | Baddi, Himachal Pradesh, India | |||
| Alligator Energies Private Limited | ₹28.81 Cr (FY 2025) | 54.0% | Khed, Maharashtra, India | |||
| Ascott Electricals Private Limited | ₹28.79 Cr (FY 2024) | -23.0% | Saidapet, Chennai 600015, Tamil Nadu, India | |||
| Macpower Switchgear Private Limited | ₹28.72 Cr (FY 2025) | 7.0% | Ernakulam, Kerala, India | |||
| Swastik Copper Private Limitedthis company | ₹28.65 Cr (FY 2025) | -₹2.86 Cr | -10% | -38.0% | Jaipur, Rajasthan, India | |
| GMDT Marine & Industrial Engineering Private Limited | ₹28.58 Cr (FY 2024) | 66.0% | Ahmedabad, Gujarat, India | |||
| G.P Tronics Private Limited | ₹28.55 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Mohini Transformers Pvt Ltd | ₹28.5 Cr (FY 2024) | -24.0% | Indore, Madhya Pradesh, India | |||
| Sumesh Engineers Private Limited | ₹28.5 Cr (FY 2025) | -61.0% | Village Bhasaria, Gujarat, India |
To see the full peer comparison of Swastik Copper Private Limited, buy the company report.
Auditor
Swastik Copper Private Limited is audited by R. TREHAN AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. TREHAN AND COMPANY | FY 2023 | 004590C |
Shareholding
The shareholding of Swastik Copper Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swastik Copper Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2015 | 10546515 | Reliance Capital Ltd | ₹1.7 Cr | Open | |
| 22 Nov 2012 | 10387368 | Small Industries Development Bank of India | ₹3 Cr | Open | |
| 08 May 2000 | 90070535 | Others | ₹62.5 Cr | Open | |
| 17 May 2014 | 10494580 | Union Bank of India | ₹2 Cr | Satisfied | |
| 21 Dec 2013 | 10468591 | Union Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Swastik Copper Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Swastik Copper Private Limited has 126 court cases on record: 77 filed by Swastik Copper, 49 filed against it. 29 cases are pending and 97 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 74 | 6 | 21 |
| District courts | 47 | 38 | 7 |
| NCLT | 5 | 5 | 1 |
Cases on record (5 of 126)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Apar Industries Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary cases) | Filed against the company by Apar Industries Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Authum Investment and Infrastructure Ltd | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Union Bank of India | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Union Bank of India | Pending |
To see the full case history of Swastik Copper 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.
Credit ratings & regulatory alerts
Swastik Copper Private Limited was last rated by Crisil on 17 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Dec 2020 |
To see the full credit ratings and regulatory alerts of Swastik Copper Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swastik Copper Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swastik Copper has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCS4534K1Z5 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swastik Copper Private Limited, buy the company report.
Recent activity
Swastik Copper Private Limited has 5 board changes on record since 1993: 2 appointments and 3 cessations. The latest: Satyendra Prasad Khorania ceased to be Irp/Rp/Liquidator on 30 Jul 2025.
11 earlier events are in the company report.
Frequently asked questions
Swastik Copper 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.
Swastik Copper is a company under insolvency, formerly operating as a private limited company based in Jaipur, Rajasthan, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 17 February 1993 and is registered under CIN U27201RJ1993PTC007230. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Swastik Copper has 2 current directors:
- Sandeep Jain - Director
- Indra Jain - Director
The latest financial statements of Swastik Copper 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Swastik Copper is U27201RJ1993PTC007230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Copper has open charges of ₹67.2 Cr and satisfied charges of ₹53.45 Cr as per latest MCA filings.
Swastik Copper has 126 court cases on record: 77 filed by the company and 49 filed against it. 29 are pending. Most are in the high courts.
Swastik Copper was incorporated on 17 February 1993. It is registered with the Registrar of Companies, Jaipur.
The peers of Swastik Copper by revenue are Nemr Industries Private Limited, Alligator Energies Private Limited, Ascott Electricals Private Limited, Macpower Switchgear Private Limited, GMDT Marine & Industrial Engineering Private Limited and 3 more, all in the Power industry (Copper, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Satyendra Prasad Khorania ceased to be Irp/Rp/Liquidator on 30 Jul 2025. Indra Jain was appointed as Director on 18 Oct 2019. Neelam Jain ceased to be Director on 18 Oct 2019. Swastik Copper has 5 board changes on record in total.
Swastik Copper can be reached through the website swastikcopper.com. Its registered office is in Jaipur, Rajasthan, India.
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