Vasant Switchgears Private Limited - Company Profile

It is a energy and power private limited company based in Indore, Madhya Pradesh, India, established in 2008.
2008 Indore, Madhya Pradesh, India Struck Off
Last Updated:
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About Vasant Switchgears Private Limited

Vasant Switchgears Private Limited, a struck off private limited company, was established on 08 August 2008 in Indore, Madhya Pradesh, India. Engaging in power equipment manufacturers within the energy and power sector, it holds CIN: U29130MP2008PTC021021. Registered under ROC Roc Gwalior. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.49 M.

It upholds a compliant status. Its leadership includes Siddhi Bhale (Director), Shivani Bhale (Director). Past directors included Shrikant Bhale. It holds no open charges and ₹2.90 Cr settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at B 41 Mig Colony, Indore, Madhya Pradesh, 452001.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U29130MP2008PTC021021

  • Registration Number

    021021

  • Incorporation Date

    08 August 2008

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.49 M

  • ROC Code

    Roc Gwalior

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.49 M
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 2.90 Cr
  • Revenue Growth **** 3282.83%
  • Profit Growth **** 3256711.85%
  • Ebitda **** -290.34%
  • Net Worth 100.07%
  • Total Assets -82.12%
Company report

Vasant Switchgears Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Vasant Switchgears Private 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 Vasant Switchgears Private Limited?
Current Directors
Name Designation Appointment Date Status
Siddhi Bhale Director 22 May 2010 Current
Shivani Bhale Director 08 Aug 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 May 2010 Past

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Financial Performance of Vasant Switchgears.

Vasant Switchgears Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 3282.83% increase. The company also saw a substantial improvement in profitability, with a 3256711.85% increase in profit. The company's net worth Soared by an impressive increase of 100.07%.

Vasant Switchgears revenue growth over time
Vasant 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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 3282.83%
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Revenue from Operations
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*******
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*******
Total Assets
*******
 -82.12%
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*******
*******
*******
Profit or Loss
*******
 3256711.85%
*******
*******
*******
*******
Net Worth
*******
 100.07%
*******
*******
*******
*******
EBITDA
*******
 -290.34%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Vasant Switchgears?

In 2018, Vasant Switchgears had a promoter holding of 85.91% and a public holding of 14.09%. 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

₹0

Satisfied Charges

₹29,000,000.00

Charges Breakdown by Lending Institutions
  • The Cosmos Co-Operative Bank Limited : 2.90 Cr
Latest Charge Details
Date Lender Amount Status
05 Nov 2008 The Cosmos Co-Operative Bank Limited ₹2.90 Cr Satisfied

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How Many Employees Work at Vasant Switchgears?

Unlock and access historical data on people associated with Vasant Switchgears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Vasant 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 Vasant 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 Vasant Switchgears
Recent Activity within the Organization
  • Charges

    A charge registered on 05 Nov 2008 via Charge ID 10129183 with The Cosmos Co-Operative Bank Limited was fully satisfied on 28 Aug 2022. was recorded as a recent event.

  • Annual General Meeting

    Progress on Vasant Switchgears Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Vasant Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Gwalior. was completed.

  • Director Appointment

    Siddhi Bhale was appointed as a Director was appointed as a Director on 22 May 2010 & has been associated with this company since 15 years 8 months . was recorded as a recent event.

  • Charges

    Progress on A charge with The Cosmos Co-Operative Bank Limited of Rs. 29.00 M registered on 05 Nov 2008 with Charge ID 10129183 was modified on 03 Feb 2010. was documented.

  • Charges

    Progress on A charge with The Cosmos Co-Operative Bank Limited amounted to Rs. 29.00 M with Charge ID 10129183 was registered on 05 Nov 2008. was documented.

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Frequently Asked Questions
What is the CIN of Vasant Switchgears Private Limited?

The CIN of Vasant Switchgears Private Limited is U29130MP2008PTC021021.

Where is Vasant Switchgears Private Limited headquartered?

Vasant Switchgears Private Limited is headquartered at B 41 Mig Colony, Indore, Madhya Pradesh, 452001.

When was Vasant Switchgears Private Limited incorporated?

Vasant Switchgears Private Limited was incorporated on 08 August 2008.

Who are the current directors of Vasant Switchgears Private Limited?

The current directors of Vasant Switchgears Private Limited are

What is the primary industry of Vasant Switchgears Private Limited?

The primary industry of Vasant Switchgears Private Limited is Energy And Power.

Is Vasant Switchgears Private Limited a listed company?

Vasant Switchgears Private Limited is unlisted.

What is the capital structure of Vasant Switchgears Private Limited?

The authorized capital of Vasant Switchgears Private Limited is ₹2.50 M, and the paid-up capital is ₹1.49 M.

What is the compliance status of Vasant Switchgears Private Limited?

The compliance status of Vasant Switchgears Private Limited is Compliant.

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