About Switching Avo Electro Power Limited
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Switching Avo Electro Power Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31200WB2004PLC098363. Its GSTIN is 19AAICS2473C1ZC (West Bengal). The company holds 25 GST registrations, of which 21 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.2 Cr. It is led by directors including Rabindra Agarwal (Managing Director) and Surendra Kumar Agarwal (Whole-Time Director).
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 97 Raja Rammohan Roy Road, Kolkata, West Bengal, India – 700041.
As per the financials filed for FY 2025, the company reported a revenue of ₹466.42 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹43.32 Cr (net margin 9.3%) and EBITDA of ₹58.28 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
The company has about 437 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹20.77 Cr and satisfied charges of ₹22.46 Cr on record. Court records list 39 cases involving the company, including 37 filed by the company and 2 filed against it; 28 cases are pending. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹8.35 Cr; the latest was in March 2023. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Ikio Technologies Limited with revenue of ₹500.99 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website switchingavo.com.
Company details
CIN history
Switching Avo Electro Power has one previous CIN (Corporate Identification Number): U31200WB2004PTC098363. The current CIN is U31200WB2004PLC098363, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200WB2004PLC098363 | Current |
| U31200WB2004PTC098363 | Previous |
Contact details
Switching Avo Electro Power Limited's registered office is in Kolkata, West Bengal. Its website is switchingavo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address97 Raja Rammohan Roy Road, Kolkata, West Bengal, India – 700041
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Switching Avo Electro Power 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 Switching Avo Electro Power 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 Switching Avo Electro Power Limited, buy the company report.
Financials of Switching Avo Electro Power Limited
FY 2024 filings availableSwitching Avo Electro Power Limited reported revenue of ₹466.42 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹58.28 Cr | ||||
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| Net Profit (PAT) | ₹43.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 9.3% | ||||
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To see the full financial statements and ratios of Switching Avo Electro Power Limited, buy the company report.
Board of directors of Switching Avo Electro Power Limited
Switching Avo Electro Power has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anup Kumar Agarwal | Director | 20 Apr 2004 | 22 Years 6 Months | Current |
| Surendra Kumar Agarwal | Whole-Time Director | 20 Apr 2004 | 22 Years 6 Months | Current |
| Kanhaiya Agarwal Also directs: Da Vento Building Systems LLP, Kakca Constructions LLP, Nbka Developers LLP and 2 more | Director | 30 Nov 2024 | 1 Years 11 Months | Current |
| Ram Gopal Agarwal | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Swagata Sinhamahapatra | Director | 13 Nov 2023 | 2 Years 11 Months | Current |
| Rachana Bhojgaria | Director | 03 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Switching Avo Electro Power Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 |
|---|---|---|---|---|---|---|
| Ikio Technologies Limited | ₹500.99 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Switching Avo Electro Power Limitedthis company | ₹466.42 Cr (FY 2025) | ₹43.32 Cr | 9.3% | 34.0% | 437 | Kolkata, West Bengal, India |
| Vrinda Nano Technologies Private Limited | ₹431.4 Cr (FY 2025) | 30.0% | Gurgaon, Haryana, India | |||
| Su-Kam Power Systems Limited | ₹426.53 Cr (FY 2025) | 34.0% | New Delhi, Delhi, India |
To see the full peer comparison of Switching Avo Electro Power Limited, buy the company report.
Auditor
Switching Avo Electro Power Limited is audited by JAGDISH ASHOK & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGDISH ASHOK & CO | FY 2023 | 317168E |
Shareholding
The shareholding of Switching Avo Electro Power 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 Switching Avo Electro Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2022 | 100661727 | City Union Bank Limited | ₹7 Cr | Open | |
| 20 Nov 2022 | 100661611 | City Union Bank Limited | ₹27.01 Lakh | Open | |
| 29 Oct 2022 | 100640336 | City Union Bank Limited | ₹3.5 Cr | Open | |
| 15 Jul 2022 | 100599374 | City Union Bank Limited | ₹10 Cr | Open | |
| 14 Mar 2022 | 100577639 | Hdfc Bank Limited | ₹4.99 Cr | Satisfied |
To see the full charge records of Switching Avo Electro Power Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Switching Avo Electro Power Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹8.35 Cr; the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Aakash Agarwal Beneficiary Trust, Hiteshi Agarwal Beneficiary Trust, 2 individuals Seller: Kosh Project Private Limited , Heritage Nirman Private Limited , Quantum Marketing Private Limited , an individual |
| Mar 2014 | Funding round | ₹99 Lakh | Investors: Spring Commercial Private Limited , P. R. Oil and Fats Pvt Ltd |
| Mar 2012 | Funding round | ₹2.57 Cr | Investors: Mangalam Capital and Finance Private Limited , Imagine Tradelinks Private Limited , Express Dealcom Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Switching Circuits Private Limited , 3 individuals Seller: Beyond Commerce Private Limited , Delight Projects Private Limited , Sadabahar Tradecomm Pvt.Ltd. |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Express Dealcom Private Limited Seller: an individual |
To see the full deal history of Switching Avo Electro Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Switching Avo Electro Power Limited has 39 court cases on record: 37 filed by Switching Avo Electro Power, 2 filed against it. 28 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 1 | 24 |
| High courts | 4 | 0 | 2 |
| NCLT | 4 | 1 | 0 |
| NCLAT | 4 | 0 | 2 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Revision petition | Filed against the company by Axis Bank Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S. Deshmukh Lead Pvt. Ltd. and 3 others | Pending |
| District court, South Twenty Four Parganas, West Bengal | Court case (MS (Com)) | Filed by the company against Oneindig Technologies Limited Earlier Known As Oneindig Technologies Pvt. Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Dreams the Mall Company Limited and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against M/S. Davin Info Pvt Ltd. and 2 others | Pending |
To see the full case history of Switching Avo Electro Power 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Switching Avo Electro Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Switching Avo Electro Power has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| RC All-Tech Power Systems Private Limited | U72200TG1998PTC029449 |
To see the full group structure of Switching Avo Electro Power Limited, buy the company report.
Employees & EPFO
Switching Avo Electro Power Limited has a workforce of 437 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Switching Avo Electro Power has 25 GST registrations: 21 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICS2473C1ZC | West Bengal | Active | 01 Jul 2017 |
| 19AAICS2473C2ZB | West Bengal | Active | 22 Apr 2025 |
| 03AAICS2473C1ZP | Punjab | Active | 01 Jul 2017 |
| 07AAICS2473C1ZH | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Switching Avo Electro Power Limited, buy the company report.
Recent activity
Switching Avo Electro Power Limited has 15 board changes on record since 2004: 7 appointments and 8 cessations. The latest: Kanhaiya Agarwal ceased to be Additional Director on 25 Sep 2025.
17 earlier events are in the company report.
Frequently asked questions
Switching Avo Electro Power is an active public limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 April 2004 (22+ years old) and is registered under CIN U31200WB2004PLC098363.
Switching Avo Electro Power has 7 current directors:
- Rabindra Agarwal - Managing Director
- Surendra Kumar Agarwal - Whole-Time Director
- Anup Kumar Agarwal - Director
- Kanhaiya Agarwal - Director
- Ram Gopal Agarwal - Director
- Swagata Sinhamahapatra - Director
- Rachana Bhojgaria - Director
The latest financial statements of Switching Avo Electro Power 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 GSTIN of Switching Avo Electro Power is 19AAICS2473C1ZC, registered in West Bengal. The company has 25 GST registrations in all, of which 21 are active and 4 are cancelled or inactive. Other active GSTINs include 19AAICS2473C2ZB (West Bengal), 03AAICS2473C1ZP (Punjab), 07AAICS2473C1ZH (Delhi).
The CIN (Corporate Identification Number) of Switching Avo Electro Power is U31200WB2004PLC098363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Switching Avo Electro Power has 39 court cases on record: 37 filed by the company and 2 filed against it. 28 are pending. Most are in the district courts.
Switching Avo Electro Power was incorporated on 20 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Switching Avo Electro Power has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹8.35 Cr; the latest was in March 2023.
The peers of Switching Avo Electro Power by revenue are Ikio Technologies Limited, Vrinda Nano Technologies Private Limited, Su-Kam Power Systems Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kanhaiya Agarwal ceased to be Additional Director on 25 Sep 2025. Rachana Bhojgaria ceased to be Additional Director on 25 Sep 2025. Rachana Bhojgaria was appointed as Director on 03 Sep 2025. Switching Avo Electro Power has 15 board changes on record in total.
Switching Avo Electro Power can be reached through the website switchingavo.com. Its registered office is in Kolkata, West Bengal, India.