Schmetz India Private Limited

Manufacturer of industrial sewing machine needles for various industries, established in 1997.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Schmetz India Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 24.36 Cr
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 33.97 Cr
  • Revenue Growth 1.06%
  • Profit Growth 393.40%
  • Ebitda 4.59%
  • Net Worth 28.61%
  • Total Assets 28.45%

About Schmetz India

Schmetz India Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 February 1997 and has a history of 28 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 24.36 Cr.

The company has closed loans amounting to ₹33.97 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Schmetz India Private Limited India is Basant Giria as COMPANY SECRETARY. Markus Settegast and Mohit Prabhakar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1997PTC105834

  • Company No.

    105834

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 1997

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Schmetz India Private Limited offer?

Schmetz India Private Limited offers a wide range of products and services, including Sewing Needles, Embroidery Needles & Accessories, VFD, PLC, HMI & Control Equipments, Motor Drives, Elevators & Escalators, Elevator Part, Cranes, Forklift & Lifting Machines, Crane Spare Parts, Double Pointed Needle.

Who are the key members and board of directors at Schmetz India?

Executive Team (2)

NameDesignationAppointment DateStatus
Mohit Prabhakar Country flag representing In Managing Director01-Jan-2019Current
Basant Giria Company Secretary16-Mar-2016Current

Board Members (1)

NameDesignationAppointment DateStatus
Markus Settegast Country flag representing De Director 22-Nov-2018Current

Financial Performance of Schmetz India.

Schmetz India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.06% increase. The company also saw a substantial improvement in profitability, with a 393.4% increase in profit. The company's net worth Soared by an impressive increase of 28.61%.

Schmetz India revenue growth over time
Schmetz India profit and loss trends over time
  • 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
1.06%
Revenue from Operations
-0.15%
Total Assets
28.45%
Profit or Loss
393.40%
Net Worth
28.61%
EBITDA
4.59%

What is the Ownership and Shareholding Structure of Schmetz India?

In 2023, Schmetz India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹33.97 Cr

Charges Breakdown by Lending Institutions

  • Deg - Deutsche Investitions- Und Investitionsgesellschaft Mbh : 33.97 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2005Deg - Deutsche Investitions- Und Investitionsgesellschaft Mbh₹33.97 CrSatisfied

How Many Employees Work at Schmetz India?

Schmetz India has a workforce of 401 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Schmetz India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Schmetz India, 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 Schmetz India'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.

Latest Updates, News, and FAQs on Schmetz India

Recent activity within the organization

  • Annual General Meeting

    Schmetz India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Schmetz India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Mohit Prabhakar was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2019 & has been associated with this company since 6 years 2 months .

  • Director Appointment

    Markus Settegast was appointed as a Director was appointed as a Director on 22 Nov 2018 & has been associated with this company since 6 years 4 months .

  • Director Appointment

    Basant Bimal Giria was appointed as a Company Secretary was appointed as a Company Secretary on 16 Mar 2016 & has been associated with this company since 9 years 14 days .

  • Charges

    A charge registered on 28 Mar 2005 via Charge ID 80055962 with Deg - Deutsche Investitions- Und Investitionsgesellschaft Mbh was fully satisfied on 17 Feb 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Schmetz India Private Limited?

    Schmetz India Private Limited was incorporated on 13 Feb 1997.

  • What is authorized share capital and paid-up capital of Schmetz India Private Limited?

    The authorized share capital of Schmetz India Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 24.36 Cr.

  • Who are the current board members & directors of Schmetz India Private Limited?

    Currently 3 directors are associated with Schmetz India Private Limited.

    • Markus Settegast
    • Mohit Prabhakar
    • Basant Bimal Giria
  • What is the registered address of Schmetz India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Schmetz India Private Limited is E-218 2Nd Floor International Infotech Park Above Vashi Railway Station Vashi, India, Navi Mumbai- 400 703, Maharashtra, 400018.

  • What is the corporate identification number (CIN) and company number of Schmetz India Private Limited?

    The corporate identification number (CIN) of Schmetz India Private Limited is U74999MH1997PTC105834 and the company number is 105834 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Schmetz India Private Limited?

    The Official website of Schmetz India Private Limited is https://www.schmetz.com

  • What has been the recent revenue trend for Schmetz India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Schmetz India Private Limited has risen by 1.06%.

  • How many employees does Schmetz India Private Limited currently have?

    As Per 2023 financial reports, 401 employees are currently employed by Schmetz India Private Limited.

  • What change has been observed in the net worth of Schmetz India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Schmetz India Private Limited has experienced an upsurge of 28.61%.

  • When was the last Balance Sheet of Schmetz India Private Limited filed with the ROC?

    The most recent Balance Sheet for Schmetz India Private Limited was filed with the ROC on 31 Mar 2023.