About
Basic Data Updated:
8 days agoSalzer Electronics Limited is known for its manufacturing and supplying of cam operated rotary switches, switchgear products, and allied products in both India and international markets. A wide range of products is offered by the company, including rotary switches, load break switches, cable ducts, terminal connectors, toroidal transformers, relays, amps, and contactors, limit/foot switches, modular switches, energy savers, automatic metering readers, custom-built products, magnet wires, and motor protection circuit breakers. Additionally, the company also provides various engineering services. With five units in total, four located in Coimbatore, Tamil Nadu, and the fifth in Una, Himachal Pradesh, SEL has a strong presence in the industry. According to a credit rating report, the company... Read More
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | L03210TZ1985PLC001535 |
| Company No. | 001535 |
| Stock Symbol | BSE : 517059 NSE : SALZERELEC |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 08 Jan 1985 |
| Date of AGM | 09 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Coimbatore |
Products or Services related to Salzer Electronics Limited
Electromechanical Switches
Strip Connectors
Energy Conservation Equipment
Starters
Financials of Salzer Electronics Limited
Salzer Electronics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.11% increase. The company also saw a substantial improvement in profitability, with a 61.74% increase in profit. The company's net worth Soared by an impressive increase of 14.63%.
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Corporate Structure
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People in Salzer Electronics Limited
Unlock and access historical data on people associated with Salzer Electronics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Rajeshkumar Doraiswamy
CFOAppointment Date: 09-Aug-2014
Status: Current
DR
Doraiswamy Rangaswamy Managing DirectorAppointment Date: 08-Jan-1985
Status: Current
MM
Murugesan M Company SecretaryAppointment Date: 08-Aug-2023
Status: Current
Board Members(11)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 12 Dec 2023 | ₹25.00 Cr | Open |
Hdfc Bank Limited Creation Date: 17 Jun 2023 | ₹10.00 Cr | Open |
Hdfc Bank Limited Creation Date: 22 Jul 2020 | ₹155.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Salzer Electronics, 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 Salzer Electronics's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Salzer Magnet Wires Limited
Active
15 years 7 months Narayanaswamy Jayabal, Rajeshkumar Doraiswamy and 2 more are mutual person
Kalpana Medical Centre Private Limited
Active 18 years 8 months Thilagam Rajeshkumar is a mutual person
K R Health Care Private Limited
Active 24 years Rajeshkumar Doraiswamy, Doraiswamy Rangaswamy and 2 more are mutual person
Recent activity within the organization
Charges
A charge with Hdfc Bank Limited of Rs. 25.00 cr registered on 12 Dec 2023 with Charge ID 100829694 was modified on 02 Jan 2024.
02 Jan 2024Charges
A charge with Hdfc Bank Limited of Rs. 155.00 cr registered on 22 Jul 2020 with Charge ID 100362193 was modified on 02 Jan 2024.
02 Jan 2024Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 cr with Charge ID 100829694 was registered on 12 Dec 2023.
12 Dec 2023Charges
A charge with Canara Bank of Rs. 59.40 cr registered on 05 Jun 1986 with Charge ID 90002214 was modified on 29 Nov 2023.
29 Nov 2023Annual General Meeting
Salzer Electronics Limited last Annual general meeting of members was held on 09 Sep 2023 as per latest MCA records.
09 Sep 2023
Recent News, Updates & Announcement
Salzer to set up a new Indian manufacturing facility.Salzer Electronics Limited says that it is looking to expand its capacity products like Wire Harness and Toroidal Transformers The company will realise this via a new manufacturing facility in Hosur Tamil Nadu at an initial investment cost of Rs 15 Cr EUR 17 million.
Evertiq AB 30 Jan 2023
- Salzer Electronics to buy switchmaker Kaycee Industries.
VCCircle 24 May 2019
- Salzer Electronits withdraws proposal for acquisition of overseas companies.
Business Standard 23 Oct 2018
- Salzer Electronics to buy 2 foreign firms.
The Hindu 30 Jun 2018
- Salzer Electronics gets nod to acquire Salzer Magnet Wires.
Finalaya 17 Nov 2017
Frequently asked questions
What is the Incorporation or founding date of Salzer Electronics Limited?
