About Switchsol Systems & Services (OPC) Private Limited
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Switchsol Systems & Services (OPC) Private Limited is a one person company based in Raipur, Chhattisgarh, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 19 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U29305CT2018OPC008493. Its GSTIN is 22ABACS1961N1Z9 (Chattisgarh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prabhat Tiwari and Bansh Ropan Dubey.
Its latest financial statements are for the year ended 31 March 2025. The registered office is at House No 123 Capital City Phase – 02 Saddu, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.6 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹37.33 Lakh (net margin 1.3%) and EBITDA of ₹68.22 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 29% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Switchsol. As per MCA filings, the company has open charges of ₹1 Cr on record.
For more details, the company can be reached via its website switchsol.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHouse No 123 Capital City Phase – 02 Saddu, Raipur, Chhattisgarh, India – 492001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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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Business Activity of Switchsol Systems & Services (OPC) Private Limited
The main business activity of Switchsol Systems & Services is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Switchsol Systems & Services (OPC) Private Limited FY 2025 filings available
Switchsol Systems & Services (OPC) Private Limited reported revenue of ₹29.6 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Switchsol Systems & Services (OPC) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 33% growth in the latest year. EBITDA fell 16% 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 of Switchsol Systems & Services (OPC) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹68.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.33 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 of Switchsol Systems & Services (OPC) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Switchsol Systems & Services are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Switchsol Systems & Services (OPC) Private Limited
Switchsol Systems & Services (OPC) Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atr Traders Private Limited | ₹29.71 Cr (FY 2022) | •••• | •••• | 8616.0% | •••• | Delhi, India |
| Vihan Marketing Private Limited | ₹29.67 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Devi Powers Private Limited | ₹29.67 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Ludhiana, Punjab, India |
| Better Power Services Private Limited | ₹29.64 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Guwahati, Assam, India |
| Mariam Electronic Services Private Limited | ₹29.62 Cr (FY 2024) | •••• | •••• | 183.0% | •••• | New Delhi, Delhi, India |
| Switchsol Systems & Services (OPC) Private Limited this company | ₹29.6 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Raipur, Chhattisgarh, India |
| Jainsons India Private Limited | ₹29.58 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Delhi, India |
| Mundra Marketing Private Limited | ₹29.54 Cr (FY 2023) | •••• | •••• | -43.0% | •••• | Ratlam, Madhya Pradesh, India |
| Siba RF Solutions Private Limited | ₹29.5 Cr (FY 2024) | •••• | •••• | •••• | Secunderabad, Telangana, India | |
| Supernova Systems Private Limited | ₹29.43 Cr (FY 2022) | •••• | •••• | 35.0% | •••• | Ahmedabad, Gujarat, India |
| Mannav Mindtech Limited | ₹29.34 Cr (FY 2025) | •••• | •••• | 155.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Switchsol Systems & Services by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Switchsol Systems & Services (OPC) Private Limited
Switchsol Systems & Services (OPC) Private Limited is audited by RANGLANI & GWALANI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RANGLANI & GWALANI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Switchsol Systems & Services (OPC) Private Limited
Switchsol Systems & Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhat Tiwari Also directs: Idikasol Technologies Private Limited | Director | 19 Apr 2018 | 8 Years 5 Months | Current |
| Bansh Ropan Dubey | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Kiran Tiwari | Director | 18 Jul 2025 | 1 Years 2 Months | Current |
Ownership and Shareholding of Switchsol Systems & Services (OPC) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Switchsol Systems & Services (OPC) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2024 | Bank of India | ₹1 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Switchsol Systems & Services (OPC) Private Limited
Switchsol Systems & Services operates one associated brand: Switchsol. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar panel installations and maintenance for residential and commercial clients. | switchsol.co.in |
Employees and EPFO Compliance at Switchsol Systems & Services (OPC) Private Limited
Switchsol Systems & Services (OPC) Private Limited has a workforce of 2 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Switchsol Systems & Services (OPC) Private Limited
Switchsol Systems & Services (OPC) Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Kiran Tiwari was appointed as Director on 18 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts for Switchsol Systems & Services (OPC) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Switchsol Systems & Services (OPC) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Switchsol Systems & Services (OPC) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Switchsol Systems & Services (OPC) Private Limited
Switchsol Systems & Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22ABACS1961N1Z9 | Chattisgarh | Active | 23 Apr 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Switchsol Systems & Services (OPC) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Switchsol Systems & Services (OPC) Private Limited
Switchsol Systems & Services is an active company based in Raipur, Chhattisgarh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 19 April 2018 (8+ years old) and is registered under CIN U29305CT2018OPC008493.
Switchsol Systems & Services reported revenue of ₹29.6 Cr for FY 2025 (up 33% YoY).
Switchsol Systems & Services has 3 current directors:
- Prabhat Tiwari - Director
- Bansh Ropan Dubey - Director
- Kiran Tiwari - Director
Switchsol Systems & Services reported a net profit of ₹37.33 Lakh (net margin 1.3%) and EBITDA of ₹68.22 Lakh (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Switchsol Systems & Services is 14% over three years and 29% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Switchsol Systems & Services is 22ABACS1961N1Z9, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Switchsol Systems & Services is U29305CT2018OPC008493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Switchsol Systems & Services was incorporated on 19 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Switchsol Systems & Services by revenue are Atr Traders Private Limited, Vihan Marketing Private Limited, Devi Powers Private Limited, Better Power Services Private Limited, Mariam Electronic Services Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Kiran Tiwari was appointed as Director on 18 Jul 2025. Bansh Ropan Dubey ceased to be Director on 17 Jul 2025. Bansh Ropan Dubey was appointed as Director on 01 Apr 2022. Switchsol Systems & Services has 4 board changes on record in total.
Switchsol Systems & Services can be reached through the website switchsol.co.in. Its registered office is in Raipur, Chhattisgarh, India.