Swati Switchgears (India) Private Limited - Company Profile

It is a energy and power private limited company based in Changadorahmedabad, Gujarat, India, established in 1993.
1993 Changadorahmedabad, Gujarat, India Active
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About Swati Switchgears (India) Private Limited

Swati Switchgears (India) Private Limited, a active private limited company, was established on 18 October 1993 in Changadorahmedabad, Gujarat, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U31109GJ1993PTC020457. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹2.80 M.

Formerly known as Zenith Instrumentations Private Limited. It upholds a compliant status. Employing 32 professional, Its leadership includes Vikram Parmanand Shah (Managing Director), Unnatiben Vikrambhai Shah (Director), Keval Vikram Shah (Director). Past directors included Vikram Parmanand Shah, Jignesh Vinodchandra Patwari, Keval Vikram Shah. It holds ₹30.19 Cr open charges and ₹87.52 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 36,Shubhlaxmi Indl.Estate,Opp.Saket Indl.Estate Sarkhej-Bavla Highway,Vill.Moraiya, Changadorahmedabad, Gujarat, 382210.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U31109GJ1993PTC020457

  • Registration Number

    020457

  • Incorporation Date

    18 October 1993

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹2.80 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.80 M
  • Company Age 32 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.19 Cr
  • Satisfied Charges ₹ 87.52 Cr
  • Revenue Growth **** 33.59%
  • Profit Growth **** 85.82%
  • Ebitda **** 36.81%
  • Net Worth 7.19%
  • Total Assets **** 5.96%
Company report

Swati Switchgears (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Swati Switchgears (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Swati Switchgears (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Vikram Parmanand Shah Managing Director 18 Oct 1993 Current
Unnatiben Vikrambhai Shah Director 18 Oct 1993 Current
Keval Vikram Shah Director 01 Jul 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Dec 2023 Past
Pramod Abcsdd Director 15 Jan 2010 Past
Pramod Abcsdd Additional Director 30 Sep 2010 Past

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Financial Performance of Swati Switchgears (India).

Swati Switchgears (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.59% increase. The company also saw a substantial improvement in profitability, with a 85.82% increase in profit. The company's net worth moved up by a moderate rise of 7.19%.

Swati Switchgears (India) revenue growth over time
Swati Switchgears (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 33.59%
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Revenue from Operations
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 34.06%
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Total Assets
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 5.96%
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Profit or Loss
*******
 85.82%
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Net Worth
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 7.19%
*******
*******
*******
*******
EBITDA
*******
 36.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Swati Switchgears (India)?

In 2023, Swati Switchgears (India) 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹301,928,000.00

Satisfied Charges

₹875,167,425.00

Charges Breakdown by Lending Institutions
  • Others : 30.19 Cr
Latest Charge Details
Date Lender Amount Status
18 Mar 2024 Others ₹0.70 M Open
29 Dec 2023 Others ₹30.00 Cr Open
29 May 2023 Others ₹0.61 M Open
29 May 2023 Others ₹0.61 M Open
12 Nov 2020 Hdfc Bank Limited ₹1.20 M Satisfied

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How Many Employees Work at Swati Switchgears (India)?

Swati Switchgears (India) has a workforce of 32 employees as of Apr 05, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swati Switchgears (India), 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 Swati Switchgears (India)'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.

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Latest Updates, News, and FAQs on Swati Switchgears (India)
Recent Activity within the Organization
  • Charges

    A charge registered on 22 Sep 2020 via Charge ID 100386548 with Others was fully satisfied on 10 Sep 2025. was recorded as a recent event.

  • Charges

    A charge registered on 12 Nov 2020 via Charge ID 100390378 with Hdfc Bank Limited was fully satisfied on 30 Jul 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 14 Sep 2020 via Charge ID 100371386 with Hdfc Bank Limited was fully satisfied on 30 Jul 2025. was documented.

  • Charges

    A charge with Others of Rs. 300.00 M registered on 29 Dec 2023 with Charge ID 100861196 was modified on 23 May 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Swati Switchgears (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Swati Switchgears (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Swati Switchgears (India) Private Limited?

The CIN of Swati Switchgears (India) Private Limited is U31109GJ1993PTC020457.

Where is Swati Switchgears (India) Private Limited headquartered?

Swati Switchgears (India) Private Limited is headquartered at 36,Shubhlaxmi Indl.Estate,Opp.Saket Indl.Estate Sarkhej-Bavla Highway,Vill.Moraiya, Changadorahmedabad, Gujarat, 382210.

When was Swati Switchgears (India) Private Limited incorporated?

Swati Switchgears (India) Private Limited was incorporated on 18 October 1993.

Who are the current directors of Swati Switchgears (India) Private Limited?

The current directors of Swati Switchgears (India) Private Limited are

What is the primary industry of Swati Switchgears (India) Private Limited?

The primary industry of Swati Switchgears (India) Private Limited is Manufacturing.

Is Swati Switchgears (India) Private Limited a listed company?

Swati Switchgears (India) Private Limited is unlisted.

What is the capital structure of Swati Switchgears (India) Private Limited?

The authorized capital of Swati Switchgears (India) Private Limited is ₹5.00 M, and the paid-up capital is ₹2.80 M.

What is the compliance status of Swati Switchgears (India) Private Limited?

The compliance status of Swati Switchgears (India) Private Limited is Compliant.

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