DPIIT recognised startup Government of India
Startup India
Swev India Private Limited - automotive in Surat, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2024
₹89.42 Lakh
▼ 10% YoY
Net profit · FY 2024
₹2.03 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹4.46 Lakh
EBITDA margin 5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Swev India Private Limited
Data last updated:
Swev India Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 12 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2021PTC121936.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Boni Naik and Shail Bindeshbhai Desai.
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 Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.42 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.03 Lakh (net margin 2.3%) and EBITDA of ₹4.46 Lakh (EBITDA margin 5%).
The company is associated with 1 brand: SWEV India.
Swev India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0091239). For more details, the company can be reached via its website swevindia.com.
Company details
CIN U51909GJ2021PTC121936
Registration Number 121936
Incorporation Date 12 April 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0091239
Recognitions & Rankings of Swev India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0091239
Contact details
Swev India Private Limited's registered office is in Surat, Gujarat.
- Registered Address7 Gyandeep Nagar, Palanpor Choryashi, Surat, Gujarat, India – 395009
- IndustryAutomotive, Auto Dealership & Trading
Comprehensive company report
Swev India Private Limited - one report that includes everything
- 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
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Brands
Swev India operates one associated brand: SWEV India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of solar energy products, electric vehicles, and safety equipment in India. | swevindia.com |
Business activity
The main business activity of Swev India is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Swev India Private Limited, buy the company report.
Financials of Swev India Private Limited
FY 2024 filings availableSwev India Private Limited reported revenue of ₹89.42 Lakh (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹89.42 Lakh ▼ 10%
Net profit · FY 2024
₹2.03 Lakh margin 2.3%
EBITDA · FY 2024
₹4.46 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
EBITDA CAGR growth
1 year
▲ 64%
Revenue fell 10% in the latest year. EBITDA rose 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.46 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.03 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5% | ||
| Net Profit Margin | 2.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Swev India Private Limited, buy the company report.
Board of directors of Swev India Private Limited
Swev India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Boni Naik | Director | 12 Apr 2021 | 5 Years 6 Months | Current |
| Shail Bindeshbhai Desai | Director | 12 Apr 2021 | 5 Years 6 Months | Current |
| Yash Ketankumar Desai | Director | 05 Jul 2021 | 5 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Swev India 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
No delayed payments to MSME suppliers are on our record for Swev India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Swev India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swev India Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Rushabh Champakbhai Patel ceased to be Director on 30 Jan 2025.
Ceased
Rushabh Champakbhai Patel ceased to be Director.
AGM
Swev India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Swev India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Rushabh Champakbhai Patel was appointed as Director.
Appointed
Yash Ketankumar Desai was appointed as Director.
Appointed
Boni Naik was appointed as Director.
Appointed
Shail Bindeshbhai Desai was appointed as Director.
Incorporation
12 Apr 2021
Swev India Private Limited was registered on 12 Apr 2021 with Roc Ahmedabad & aged 5 years 6 months as per MCA records.
Frequently asked questions
Swev India is an active private limited company based in Surat, Gujarat, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 12 April 2021 (5+ years old) and is registered under CIN U51909GJ2021PTC121936.
Swev India has 3 current directors:
- Boni Naik - Director
- Shail Bindeshbhai Desai - Director
- Yash Ketankumar Desai - Director
The latest financial statements of Swev India 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Swev India is U51909GJ2021PTC121936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swev India was incorporated on 12 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rushabh Champakbhai Patel ceased to be Director on 30 Jan 2025. Rushabh Champakbhai Patel was appointed as Director on 05 Jul 2021. Yash Ketankumar Desai was appointed as Director on 05 Jul 2021. Swev India has 5 board changes on record in total.
Yes, Swev India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Swev India is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0091239).
Swev India can be reached through the website swevindia.com. Its registered office is in Surat, Gujarat, India.
The registered office of Swev India is at 7 Gyandeep Nagar, Palanpor Choryashi, Surat, Gujarat, India – 395009.
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