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ActiveSalem, Tamil NaduSince 2005

Megawin Switchgear Private Limited

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Set up in 2005 in Salem. It has pledged its assets against loans of up to ₹169.87 crore from 5 lenders.

CINU31200TZ2005PTC012211
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20 years at a glance

Loans against its assets, and when today's people joined

20062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyState Bank of India, up to ₹117.5 crore, 28 Feb 2006 to 4 Mar 2023HDFC Bank Limited, up to ₹34.64 lakh, 16 Apr 2021 to still openThe South Indian Bank Limited, up to ₹75,000, 16 Nov 2021 to still openThe South Indian Bank Limited, up to ₹19.41 lakh, 17 Nov 2021 to still openThe South Indian Bank Limited, up to ₹8.13 lakh, 21 Jan 2022 to still openHDFC Bank Limited, up to ₹62.5 lakh, 25 Mar 2022 to still openCanara Bank, up to ₹70 crore, 5 Nov 2022 to still openHDFC Bank Limited, up to ₹97.09 crore, 27 Dec 2022 to still openHDFC Bank Limited, up to ₹21 lakh, 30 Mar 2025 to still openMercedes-Benz Financial Services India Private Limited, up to ₹61.57 lakh, 27 Jun 2025 to still openBank of Baroda, up to ₹70 lakh, 10 Aug 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2005Registered as a company on 12 Oct 2005.
  • 2006Its biggest loan against assets, ₹117.5 crore with State Bank of India, was paid off in 2023.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹169.87 crorein loans backed by its assets, from 5 lenders

  • HDFC Bank Limited₹98.27 crore

    4 open loans, taken out 2021 to 2025

  • Canara Bank₹70 crore

    Open, taken out 5 Nov 2022

  • Bank of Baroda₹70 lakh

    Open, taken out 10 Aug 2026

  • Mercedes-Benz Financial Services India Private Limited₹61.57 lakh

    Open, taken out 27 Jun 2025

  • The South Indian Bank Limited₹28.28 lakh

    3 open loans, taken out 2021 to 2022

1 earlier loan, now paid off
  • State Bank of India28 Feb 2006 to 4 Mar 2023₹117.5 crore

What its filings add

Megawin Switchgear files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

  • ChatGPT · Claude

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.