Switch Mobility Private Limited

Switch Mobility Private Limited - automotive in Virajpet, Karnataka, India. FY 2026 financials & compliance.
CIN U31909KA2019PTC124998 Incorporated 07 June 2019 ROC Bangalore HQ Virajpet, Karnataka, India
Active Private Limited Company automotive
Data last updated
Revenue · FY 2024
₹47,000
Latest filing
Net loss · FY 2024
₹95,000
Net margin -202.1%
EBITDA · FY 2024
-₹90,000
EBITDA margin -191.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
GST registrations
1
None active

About Switch Mobility Private Limited

Data last updated:

Switch Mobility Private Limited is a private limited company based in Virajpet, Karnataka, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 07 June 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2019PTC124998. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kadiamada Poonacha Shravan Aiyappa and Naliyanda Kaverappa Vineeth Muthanna.

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 Virajpet, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹47,000. For the same year it recorded a net loss of ₹95,000 (net margin -202.1%) and EBITDA of -₹90,000 (EBITDA margin -191.5%).

The company is associated with 1 brand: Switch Mobility. Court records list 1 case involving the company, including 1 filed against it.

For more details, the company can be reached via its website switchmobility.in.

Company Details of Switch Mobility Private Limited
CIN U31909KA2019PTC124998
Registration Number 124998
Incorporation Date 07 June 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    34/53 Main Road, Ponnampet, Virajpet, Karnataka, India – 571213
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles
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Financials, compliance, directors, charges, ownership and filings for Switch Mobility Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Financials of Switch Mobility Private Limited FY 2024 filings available

Switch Mobility Private Limited reported revenue of ₹47,000 for FY 2024.

Revenue · FY 2024
₹47,000
Net loss · FY 2024
₹95,000 margin -202.1%
EBITDA · FY 2024
-₹90,000 margin -191.5%

Financial Statement Summary of Switch Mobility Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹90,000••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹95,000••••••••••••••••
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 of Switch Mobility Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-191.5%••••••••••••••••
Net Profit Margin-202.1%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Switch Mobility are in the company report.

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Financial statements from FY 2020

Earlier years and trend charts are in the company report.

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Peer Comparison of Switch Mobility Private Limited

Switch Mobility Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Faith Electric Motors Private Limited₹61,600 (FY 2024)••••••••-76.0%••••Kolkata, West Bengal, India
Aryabhatta Motors Private Limited₹52,655 (FY 2024)••••••••-73.0%••••Bengaluru, Karnataka, India
Padmini Diesel Emission Control Private Limited₹52,500 (FY 2023)••••••••-100.0%••••Gurgaon, Haryana, India
Wings EV Private Limited₹50,398 (FY 2025)••••••••-90.0%••••Indore, Madhya Pradesh, India
Equinox Mobility Private Limited₹47,210 (FY 2024)••••••••-98.0%••••Rajkot, Gujarat, India
Switch Mobility Private Limited this company₹47,000 (FY 2024)••••••••••••Virajpet, Karnataka, India
Mobec Innovation Private Limited₹45,773 (FY 2024)••••••••••••Noida, Uttar Pradesh, India
Hexall Motors Private Limited₹43,151 (FY 2024)••••••••••••Morta, Uttar Pradesh, India
SPRM Techno Infirmiere Private Limited₹42,773 (FY 2023)••••••••-98.0%••••Tharamani, Tamil Nadu, India
Garvgreen Private Limited₹42,650 (FY 2025)••••••••786.0%••••Delhi, India
Tresa Energy Private Limited₹39,423 (FY 2025)••••••••-99.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Switch Mobility by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Switch Mobility Private Limited

Switch Mobility Private Limited is audited by ANKJ & ASSOCIATES for the financial year 2024.

NameStatusAppointment DateCessation Date
ANKJ & ASSOCIATESLockedLockedLocked
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Board of Directors of Switch Mobility Private Limited

Switch Mobility has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kadiamada Poonacha Shravan AiyappaDirector29 Dec 20223 Years 9 MonthsCurrent
Naliyanda Kaverappa Vineeth MuthannaDirector07 Jun 20197 Years 4 MonthsCurrent
Vinay Manjunath SharmaDirector07 Jun 20197 Years 4 MonthsCurrent
Basappa Chandra Shekar RanjitDirector07 Jun 20197 Years 4 MonthsCurrent

Ownership and Shareholding of Switch Mobility Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Switch Mobility Private Limited

Switch Mobility Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Switch Mobility Private Limited

Switch Mobility operates one associated brand: Switch Mobility. Each brand links to its own profile.

BrandDescriptionWebsite
Platform offering electric mid-drives for electric bicyclesswitchmobility.in

Employees and EPFO Compliance at Switch Mobility Private Limited

Employment history and EPFO contributions of people linked to Switch Mobility.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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Recent Activity on Switch Mobility Private Limited

Switch Mobility Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Kadiamada Poonacha Shravan Aiyappa ceased to be Additional Director on 29 Sep 2023.

AGM
Switch Mobility Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Switch Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Kadiamada Poonacha Shravan Aiyappa ceased to be Additional Director.
Appointed
Kadiamada Poonacha Shravan Aiyappa was appointed as Director.
Appointed
Basappa Chandra Shekar Ranjit was appointed as Director.
Appointed
Naliyanda Kaverappa Vineeth Muthanna was appointed as Director.
Appointed
Vinay Manjunath Sharma was appointed as Director.
Incorporation
07 Jun 2019
Switch Mobility Private Limited was registered on 07 Jun 2019 with Roc Bangalore & aged 7 years 4 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Switch Mobility Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Switch Mobility Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Switch Mobility Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Switch Mobility Private Limited

Switch Mobility has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Switch Mobility Private Limited

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Frequently Asked Questions about Switch Mobility Private Limited

Switch Mobility is an active private limited company based in Virajpet, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 07 June 2019 (7+ years old) and is registered under CIN U31909KA2019PTC124998.

Switch Mobility reported revenue of ₹47,000 for FY 2024.

Switch Mobility has 4 current directors:

Switch Mobility reported a net loss of ₹95,000 (net margin -202.1%) and EBITDA of -₹90,000 (EBITDA margin -191.5%) for FY 2024, as per its filed financial statements.

No. Switch Mobility has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Switch Mobility is U31909KA2019PTC124998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Switch Mobility has 1 court case on record: 1 filed against it.

Switch Mobility was incorporated on 07 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Switch Mobility by revenue are Faith Electric Motors Private Limited, Aryabhatta Motors Private Limited, Padmini Diesel Emission Control Private Limited, Wings EV Private Limited, Equinox Mobility Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).

Kadiamada Poonacha Shravan Aiyappa ceased to be Additional Director on 29 Sep 2023. Kadiamada Poonacha Shravan Aiyappa was appointed as Director on 29 Dec 2022. Basappa Chandra Shekar Ranjit was appointed as Director on 07 Jun 2019. Switch Mobility has 5 board changes on record in total.

Yes, Switch Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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