S&S Power Switchgear Limited Unlisted Shares

S&S Power Switchgear Ltd (S&S) was established as small switchgear manufacturing unit way back in 1975 in Madras (Now Chennai) India. In 1978 company entered into collaboration with South Wales Switchgear and introduced High Voltage Disconnecting Switches and the company is one of the major players in the world in this field today. It acquired a license from M/s Hawker Siddley group of companies, U.K. and achieved two breakthroughs in quick succession.

They launched a revolutionary introduction of Vacuum Circuit Breakers in the year 1981. S&S Power was the first company in India to introduce these high technology products in Indian Market.

In 1992 a Joint Venture company was set up in Malaysia and agents were appointed in different parts of the world. Several initiatives were undertaken to develop an export market. This also included the acquisition of Acrastyle Limited in Ulverston in UK in 1997. Acrastyle has the very good brand image and a capable integrator of protection systems and switching solutions in UK and world. A state of the art factory was set up in Pondicherry to manufacture High Voltage Disconnector in 1997.

The factory at Porur in Chennai continued to be the main facility for high quality, low-cost manufacturing of high technology switchgear products. This factory was closed in 2002 due to financial problems and the tiger economy crisis. Later MV Switchgear Manufacturing operations were re-started at MM Nagar Factory near Chennai.

After Porur closure, the company started to rebuild itself and focused on Pondicherry Plant, Acrastyle UK Plant with Disconnector and Control and Relay Panels as key products. An Engineering Office was set up in Chennai to support Acrastyle UK efforts and help many other MNCs by offering a low cost engineering services in the field of secondary engineering.

In 2007 the company set us an Indian Business for integrating protection systems with the expertise of the Acrastyle UK had. The new plant at MM Nagar, near Chennai now houses two units- Acrastyle India Power Limited for Control and Relay Panel and S&S Power Switchgear Limited for Medium Voltage Switchgear Manufacturing.

In 2010 company entered into a Joint Venture agreement with Coelme Italy for EHV Disconnectors and created S&S Power Switchgear Equipment (SSPSE) Legal Entity.

S&S Power has got a very large installed base of Disconnectors in India with over 45000 installations to its credit and more than 10000 outside India. The range of disconnectors includes Centre Break, Double Break, Pantograph and Vertical Break series from 36kV to 800kV. Disconnectors are supplied with different mechanisms namely – manual, manual geared or electric motor operated.

S&S Power has also got very large no of Indoor and Outdoor Medium Voltage Switchgears installed in India (around 20,000) and Outsside India (around 5,000) ranging from 3.3 KV to 36KV. Very large installed base of S&S MV Switchgear is now due for replacement, retrofit and overhauling creating an excellent opportunity for aftermarket sales. Technology agreement with EPS Switchgear UK for upgrading products with Maglatch solutions was entered in 2009 and a new generation of special switchgears for special applications started to take takes shape in MV Switchgear Offerings.

Acrastyle India and Acrastyle UK together hold prestigious installations like Paris London Tube rail and enjoy great patronage of UK utilities and across the world for Switching Solutions

Today S&S Power & Acrastyle India moved to a sprawling 50,000 Sq. feet integrated multi-model facility.

S&S Power Switchgear Limited Unlisted Shares Details:

Total Available Shares:	Not Available
Face Value:	₹ 10 Per Equity Share
ISIN:	INE902B01017
Lot Size:	NA Shares
Current Unlisted Share Price:	₹ NA Per Equity Share

Financials of S&S Power Switchgear Limited Unlisted Shares:

Standalone Financials (Fig. in Lakhs)

Year	Revenue	EBITDA	OPM	PAT	NPM	Shares	F.V.	EPS
2017	292	-33	-11%	-102	-35%	62	10	-1.65
2018	404	9.41	2%	-104	-26%	62	10	-1.68
2019	618	209	34%	80	13%	62	10	1.30
CAGR	45%

Consolidated Financials (Fig. in Lakhs)

Year	Revenue	EBITDA	OPM	PAT	NPM	Shares	F.V.	EPS
2017	9,135	330	4%	30	0.32%	62	10	0.48
2018	10,725	801	7%	410	4%	62	10	6.62
2019	10,591	-32	0%	-366	-3%	62	10	-5.90
CAGR	8%

S&S Power Switchgear Annual Report 2019

Company Address:

Plot No:14, CMDA Industrial Area-II, Chithamanur Village, Maraimalai Nagar-603209, Kancheepuram-Dist,Tamilnadu,India. Tel : 044 47431625

Frequently Asked Questions:

Please find below the procedure for buying S&S Power Switchgear Limited Unlisted Shares at UnlistedZone.

1. You confirm booking of S&S Power Switchgear Limited Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling S&S Power Switchgear Limited Unlisted Shares is 6 months after listing. Hence you can’t sell S&S Power Switchgear Limited Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling S&S Power Switchgear Limited Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of S&S Power Switchgear Limited Unlisted Shares.
2. We will give you our client master report and you will transfer the S&S Power Switchgear Limited Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the S&S Power Switchgear Limited Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the S&S Power Switchgear Limited Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of S&S Power Switchgear Limited Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of S&S Power Switchgear Limited Unlisted Shares.
2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of S&S Power Switchgear Limited Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the S&S Power Switchgear Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of S&S Power Switchgear Limited Unlisted Shares.
- b. Name of S&S Power Switchgear Limited Unlisted Shares
- c. Quantity of S&S Power Switchgear Limited Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the S&S Power Switchgear Limited Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the S&S Power Switchgear Limited Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy S&S Power Switchgear Limited Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable

If you buy S&S Power Switchgear Limited Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of S&S Power Switchgear Limited Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of S&S Power Switchgear Limited Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The S&S Power Switchgear Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of S&S Power Switchgear Limited Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the S&S Power Switchgear Limited Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to S&S Power Switchgear Limited Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their S&S Power Switchgear Limited Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their S&S Power Switchgear Limited Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about S&S Power Switchgear Limited Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

S&S Power Switchgear Limited Unlisted Shares

S&S Power Switchgear Limited Unlisted Shares Details:

Financials of S&S Power Switchgear Limited Unlisted Shares:

Company Address:

Frequently Asked Questions:

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