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ActiveChennai, Tamil NaduSince 2020

Switch Mobility Automotive Limited

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Set up in 2020 in Chennai. It has pledged its assets against loans of up to ₹2,541.58 crore from 6 lenders.

CINU34300TN2020PLC140385
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5 years at a glance

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

202120222023202420252026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyICICI Bank Limited, up to ₹84.5 crore, 29 Jan 2022 to still openICICI Bank Limited, up to ₹76 crore, 28 Sept 2022 to 5 Oct 2024ICICI Bank Limited, up to ₹106 crore, 19 Oct 2022 to 24 Nov 2023Bank of Baroda, up to ₹434.5 crore, 20 Jan 2023 to still openYes Bank Limited, up to ₹350 crore, 29 Mar 2024 to still openHDFC Bank Limited, up to ₹240 crore, 19 Sept 2024 to still openCanara Bank, up to ₹1,232.58 crore, 25 Oct 2024 to still openAxis Bank Limited, up to ₹200 crore, 5 May 2025 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2020Registered as a company on 28 Dec 2020.
  • 2024Its biggest loan against assets, ₹1,232.58 crore with Canara Bank, is still open.

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

₹2,541.58 crorein loans backed by its assets, from 6 lenders

  • Canara Bank₹1,232.58 crore

    Open, taken out 25 Oct 2024

  • Bank of Baroda₹434.5 crore

    Open, taken out 20 Jan 2023

  • Yes Bank Limited₹350 crore

    Open, taken out 29 Mar 2024

  • HDFC Bank Limited₹240 crore

    Open, taken out 19 Sept 2024

  • Axis Bank Limited₹200 crore

    Open, taken out 5 May 2025

  • ICICI Bank Limited₹84.5 crore

    Open, taken out 29 Jan 2022

2 earlier loans, now paid off
  • ICICI Bank Limited19 Oct 2022 to 24 Nov 2023₹106 crore
  • ICICI Bank Limited28 Sept 2022 to 5 Oct 2024₹76 crore

What its filings add

Switch Mobility Automotive 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.