Ultima Switchgears Limited - Company Profile

It is a energy and power public limited company based in Delhi, Delhi, India, established in 1997.
1997 Delhi, Delhi, India Active
Last Updated:
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About Ultima Switchgears Limited

Ultima Switchgears Limited, a active public limited company, was established on 16 January 1997 in Delhi, Delhi, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U32109DL1997PLC084513. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.92 Cr.

Formerly known as Ultima Switchgears Private Limited, Ultima Switchgears & Project Pvt Ltd. It upholds a compliant status. Employing 51 professional, Its leadership includes Vanshdeep Parmar (Whole-Time Director), Vandana Parmar (Whole-Time Director), Dharna Khosla (Whole-Time Director). Past directors included Vanshdeep Parmar, Deependra Singh Ola, Vandana Parmar. It holds ₹26.00 Cr open charges and ₹22.84 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at B-3 (Basement), Dda Local Shopping Complex, Mayur Vihar, Phase -I, Delhi, Delhi, 110091.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U32109DL1997PLC084513

  • Registration Number

    084513

  • Incorporation Date

    16 January 1997

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.92 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.92 Cr
  • Company Age 29 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.00 Cr
  • Satisfied Charges ₹ 22.84 Cr
  • Revenue Growth **** -11.57%
  • Profit Growth **** -6.83%
  • Ebitda **** -41.94%
  • Net Worth 13.44%
  • Total Assets **** 39.53%
Company report

Ultima Switchgears Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ultima Switchgears 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 Ultima Switchgears Limited?
Current Directors
Name Designation Appointment Date Status
Vanshdeep Parmar Whole-Time Director 25 Jun 2020 Current
Vandana Parmar Whole-Time Director 10 May 2004 Current
Dharna Khosla Whole-Time Director 21 Jun 2003 Current
Dharamvir Parmar Managing Director 10 Sep 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Director 10 Sep 2011 Past
Pramod Abcsdd Director 15 Mar 2012 Past
Pramod Abcsdd Director 15 Mar 2012 Past
Pramod Abcsdd Director 24 Sep 2011 Past

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Financial Performance of Ultima Switchgears.

Ultima Switchgears Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 11.57% decrease. The company also saw a slight decrease in profitability, with a 6.83% decrease in profit. The company's net worth Soared by an impressive increase of 13.44%.

Ultima Switchgears revenue growth over time
Ultima Switchgears 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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 -11.57%
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*******
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Revenue from Operations
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 -11.41%
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*******
*******
Total Assets
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 39.53%
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*******
Profit or Loss
*******
 -6.83%
*******
*******
*******
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Net Worth
*******
 13.44%
*******
*******
*******
*******
EBITDA
*******
 -41.94%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ultima Switchgears?

In 2024, Ultima Switchgears had a promoter holding of 61.23% and a public holding of 38.77%. 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

₹260,000,000.00

Satisfied Charges

₹228,425,000.00

Charges Breakdown by Lending Institutions
  • Karnataka Bank Ltd. : 26.00 Cr
Latest Charge Details
Date Lender Amount Status
21 Jan 2021 Karnataka Bank Ltd. ₹26.00 Cr Open
13 Jul 2021 Karnataka Bank Ltd. ₹8.00 M Satisfied
27 Oct 2017 Vijaya Bank ₹1.13 M Satisfied
22 Mar 2013 Vijaya Bank ₹2.50 Cr Satisfied
29 Oct 2012 Vijaya Bank ₹9.30 M Satisfied

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How Many Employees Work at Ultima Switchgears?

Ultima Switchgears has a workforce of 51 employees as of Mar 10, 2025. 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 Ultima Switchgears, 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 Ultima Switchgears'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 Ultima Switchgears
Recent Activity within the Organization
  • Charges

    The activity A charge with Karnataka Bank Ltd. of Rs. 26.00 Cr registered on 21 Jan 2021 with Charge ID 100416539 was modified on 23 Jan 2025. was completed.

  • Annual General Meeting

    Progress on Ultima Switchgears Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Ultima Switchgears Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was completed.

  • Charges

    The activity A charge registered on 13 Jul 2021 via Charge ID 100466567 with Karnataka Bank Ltd. was fully satisfied on 03 Feb 2023. was completed.

  • Charges

    A charge registered on 27 Oct 2017 via Charge ID 100135799 with Vijaya Bank was fully satisfied on 29 Sep 2021. was recorded as a recent event.

  • Charges

    A charge registered on 22 Mar 2013 via Charge ID 10420363 with Vijaya Bank was fully satisfied on 29 Sep 2021. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Ultima Switchgears Limited?

The CIN of Ultima Switchgears Limited is U32109DL1997PLC084513.

Where is Ultima Switchgears Limited headquartered?

Ultima Switchgears Limited is headquartered at B-3 (Basement), Dda Local Shopping Complex, Mayur Vihar, Phase -I, Delhi, Delhi, 110091.

When was Ultima Switchgears Limited incorporated?

Ultima Switchgears Limited was incorporated on 16 January 1997.

Who are the current directors of Ultima Switchgears Limited?

The current directors of Ultima Switchgears Limited are

What is the primary industry of Ultima Switchgears Limited?

The primary industry of Ultima Switchgears Limited is Manufacturing.

Is Ultima Switchgears Limited a listed company?

Ultima Switchgears Limited is unlisted.

What is the capital structure of Ultima Switchgears Limited?

The authorized capital of Ultima Switchgears Limited is ₹3.00 Cr, and the paid-up capital is ₹2.92 Cr.

What is the compliance status of Ultima Switchgears Limited?

The compliance status of Ultima Switchgears Limited is Compliant.

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