- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0131069

About Swastik Electropower Private Limited
Data last updated:
Swastik Electropower Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 23 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31908GJ2012PTC096634. Its GSTIN is 24AARCS4175L1ZQ (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Naveen Kumar Garg and Sanjeev Kamal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S. No. 243/9 Plot No. – 1 Opp. Panch Ratan Estate Plot No. 12 T.P. Scheme No. – 116 Ramol, Ahmedabad, Gujarat, India – 382449.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.14 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹2.26 Cr (net margin 7.7%) and EBITDA of ₹2.98 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹4.99 Cr and satisfied charges of ₹4 Cr on record.
Swastik Electropower Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0131069). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swastik-electropower-pvt-ltd.business.site.
Company details
CIN history
Swastik Electropower has one previous CIN (Corporate Identification Number): U31908UP2012PTC050034. The current CIN is U31908GJ2012PTC096634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31908GJ2012PTC096634 | Current |
| U31908UP2012PTC050034 | Previous |
Recognitions & Rankings of Swastik Electropower
Contact details
Swastik Electropower Private Limited's registered office is in Ahmedabad, Gujarat. Its website is swastik-electropower-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressS. No. 243/9 Plot No. – 1 Opp. Panch Ratan Estate Plot No. 12 T.P. Scheme No. – 116 Ramol, Ahmedabad, Gujarat, India – 382449
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Swastik Electropower 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 Electropower is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Swastik Electropower Private Limited, buy the company report.
Financials of Swastik Electropower Private Limited
FY 2025 filings availableSwastik Electropower Private Limited reported revenue of ₹29.14 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 21% growth in the latest year. EBITDA rose 72% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹29.14 Cr | ||||
| Other Income | |||||
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| EBITDA | ₹2.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.26 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 7.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Swastik Electropower Private Limited, buy the company report.
Board of directors of Swastik Electropower Private Limited
Swastik Electropower has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Kumar Garg | Director | 23 Apr 2012 | 14 Years 6 Months | Current |
| Sanjeev Kamal Also directs: Swastik Engimech Private Limited | Director | 23 Apr 2012 | 14 Years 6 Months | Current |
| Nakul Garg | Director | 15 Jun 2012 | 14 Years 4 Months | Current |
| Gaurav Garg | Director | 15 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Swastik Electropower Private Limited is audited by PARIN P SHAH & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIN P SHAH & CO | FY 2024 | 125057W |
Shareholding
The shareholding of Swastik Electropower Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swastik Electropower Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2025 | 101180626 | Hdfc Bank Limited | ₹4.99 Cr | Open | |
| 29 Mar 2022 | 100569374 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Swastik Electropower Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Swastik Electropower Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Swastik Electropower Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 64 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Brijmech Engineering Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Pump Engineering Company Pvt Ltd |
To see the full MSME payment records of Swastik Electropower Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Swastik Electropower has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCS4175L1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swastik Electropower Private Limited, buy the company report.
Recent activity
Swastik Electropower Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Gaurav Garg was appointed as Director on 15 Jun 2012.
Frequently asked questions
Swastik Electropower is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 23 April 2012 (14+ years old) and is registered under CIN U31908GJ2012PTC096634.
Swastik Electropower has 4 current directors:
- Naveen Kumar Garg - Director
- Sanjeev Kamal - Director
- Nakul Garg - Director
- Gaurav Garg - Director
The latest financial statements of Swastik Electropower on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Swastik Electropower is 24AARCS4175L1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Swastik Electropower is U31908GJ2012PTC096634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Electropower was incorporated on 23 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gaurav Garg was appointed as Director on 15 Jun 2012. Nakul Garg was appointed as Director on 15 Jun 2012. Naveen Kumar Garg was appointed as Director on 23 Apr 2012. Swastik Electropower has 4 board changes on record in total.
Yes, Swastik Electropower is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0131069).
Swastik Electropower has 3 MSME Form 1 returns on record between 2023 and 2024, listing 64 overdue payments to 30 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Swastik Electropower can be reached through the website swastik-electropower-pvt-ltd.business.site. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Swastik Electropower is at S. No. 2439 Plot No. – 1 Opp. Panch Ratan Estate Plot No. 12 T.P. Scheme No. – 116 Ramol, Ahmedabad, Gujarat, India – 382449.

