Schwing Stetter (India) Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 24.09 Cr
- Company Age 26 Year, 11 Months
- Last Filing with ROC 31 Dec 2023
- Open Charges ₹ 1,968.81 Cr
- Satisfied Charges ₹ 718.03 Cr
- Revenue Growth 37.96%
- Profit Growth 30.50%
- Ebitda 18.93%
- Net Worth 15.61%
- Total Assets 29.68%
About Schwing Stetter (India)
Schwing Stetter (India) Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 June 1998 and has a history of 26 years and 11 months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Schwing Stetter (India) Limited. 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 December 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 24.09 Cr.
The company currently has active open charges totaling ₹1,968.81 Cr. The company has closed loans amounting to ₹718.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Schwing Stetter (India) Private Limited India is S Jagannathan as COMPANY SECRETARY. Mehmet Varlik, Jagannathan Srinivasachari, Rahul Sharma, and Three other members serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45309TN1998PTC046270
- Company No.
046270
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jun 1998
- Date of AGM
20 Mar 2024
- Date of Balance Sheet
31 Dec 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Machinery and Equipment
What products or services does Schwing Stetter (India) Private Limited offer?
Schwing Stetter (India) Private Limited offers a wide range of products and services, including Building & Construction Machines, Working Platform, Drilling & Boring Equipment, Industrial Drilling Machine, Commercial Vehicles & Three Wheelers, Trucks, Construction Equipment, Process Control Systems & Equipments, Weighing Controller, Pollution Control Devices & Machines.
Schwing Stetter (India) Private Limited
Explore comprehensive data for Schwing Stetter (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Schwing Stetter (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sakthikumar Govindarajan  | Managing Director | 01-Jan-2013 | Current |
| S Jagannathan | Company Secretary | 01-Jul-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mehmet Varlik  | Director | 23-Dec-2023 | Current |
| Jagannathan Srinivasachari | Director and Company Secretary | 17-Feb-2022 | Current |
| Rahul Sharma | Director | 17-Feb-2022 | Current |
| Perumbedu Krishnakumar | Director | 17-Feb-2022 | Current |
| Veerasekaran Senthilkumar | Director | 12-May-2023 | Current |
Financial Performance of Schwing Stetter (India).
Schwing Stetter (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.96% increase. The company also saw a substantial improvement in profitability, with a 30.5% increase in profit. The company's net worth Soared by an impressive increase of 15.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Schwing Stetter (India)?
In 2022, Schwing Stetter (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.
Charges (Loans)
Open Charges
₹1,968.81 Cr
Satisfied Charges
₹718.03 Cr
Charges Breakdown by Lending Institutions
- Others : 695.00 Cr
- Hdfc Bank Limited : 667.21 Cr
- Yes Bank Limited : 281.60 Cr
- Axis Bank Limited : 175.00 Cr
- Idbi Bank Limited : 150.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Hdfc Bank Limited | ₹3.32 M | Open |
| 08 Sep 2023 | Yes Bank Limited | ₹120.00 Cr | Open |
| 11 Jul 2023 | Others | ₹50.00 Cr | Open |
| 24 Mar 2023 | Hdfc Bank Limited | ₹3.98 M | Open |
| 06 Mar 2023 | Others | ₹75.00 Cr | Open |
How Many Employees Work at Schwing Stetter (India)?
Schwing Stetter (India) has a workforce of 1740 employees as of Apr 24, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Schwing Stetter (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 Schwing Stetter (India)'s trajectory.
Rating
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
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 Schwing Stetter (India)
Recent activity within the organization
- Charges
A charge with Idbi Bank Limited of Rs. 150.00 Cr registered on 18 Dec 2021 with Charge ID 100512549 was modified on 22 Jul 2024.
- Charges
A charge with Axis Bank Limited of Rs. 175.00 Cr registered on 13 Feb 2019 with Charge ID 100240144 was modified on 26 Jun 2024.
- Charges
A charge with Others of Rs. 150.00 Cr registered on 28 Sep 2005 with Charge ID 90288421 was modified on 12 Jun 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100899916 was registered on 21 Mar 2024.
- Annual General Meeting
Schwing Stetter (India) Private Limited last Annual general meeting of members was held on 20 Mar 2024 as per latest MCA records.
- Balance Sheet
Schwing Stetter (India) Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Chennai.
Recent News, Updates & Announcement
Schwing Stetter India forays into construction and mining industry with new XCMG excavator range.The crawler hydraulic excavators are conceptualised based on the current needs of the customers in this segment and customised with high-power XCMG's proprietary matching technology, the company said in a release. .
- Schwing Stetter India to participate at Bauma Expo in Germany.
Schwing Stetter India to display 3 key Made-in-India products: Two Trailer Pumps & One Self Loading Mixer. .
- Schwing Stetter India launches 12 new products.
The company has also launched six transit mixers and Schwing IoT Ready, IoT In and IoT Abled this year..
- Schwing Stetter to set up new facility worth Rs 350 crore in Tamil Nadu.
The new facility is intended to further focus on meeting the emerging infrastructure needs in India and the company's export potential..
- Schwing Stetter India to Expand with New Factory and Products, Aiming for 33% Growth and Rs 1,500 Crore Revenue by 2017 in Booming Construction Industry.
Schwing Stetter India plans to expand with new factory and products worth Rs 100 crore. They aim to align with government projects and grow by 33%. Construction equipment industry to reach USD 7 billion by 2020. Company expects Rs 1,500 crore revenue in 2017. #Goals #Growth #ConstructionIndustry.
Frequently asked questions
What is the Incorporation or founding date of Schwing Stetter (India) Private Limited?
Schwing Stetter (India) Private Limited was incorporated on 18 Jun 1998.
What is authorized share capital and paid-up capital of Schwing Stetter (India) Private Limited?
The authorized share capital of Schwing Stetter (India) Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 24.09 Cr.
Who are the current board members & directors of Schwing Stetter (India) Private Limited?
Currently 7 directors are associated with Schwing Stetter (India) Private Limited.
- Mehmet Tahir Varlik
- Jagannathan Srinivasachari
- Rahul Sharma
- Sakthikumar Velayutham Govindarajan
- Perumbedu Narasimhan Krishnakumar
- Veerasekaran Senthilkumar
- S Jagannathan
What is the registered address of Schwing Stetter (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Schwing Stetter (India) Private Limited is F-71 Sipcot Industrial Park Irungattukottai, Sriperumbudur Taluk, Kancheepuram District, Tamil Nadu, India, 602105.
What is the corporate identification number (CIN) and company number of Schwing Stetter (India) Private Limited?
The corporate identification number (CIN) of Schwing Stetter (India) Private Limited is U45309TN1998PTC046270 and the company number is 046270 as per Ministry of Corporate Affairs (MCA).
What is the official website of Schwing Stetter (India) Private Limited?
The Official website of Schwing Stetter (India) Private Limited is https://www.schwingstetterindia.com
What has been the recent revenue trend for Schwing Stetter (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Schwing Stetter (India) Private Limited has risen by 37.96%.
How many employees does Schwing Stetter (India) Private Limited currently have?
As Per 2023 financial reports, 1740 employees are currently employed by Schwing Stetter (India) Private Limited.
What change has been observed in the net worth of Schwing Stetter (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Schwing Stetter (India) Private Limited has experienced an upsurge of 15.61%.
What are the total open charges for Schwing Stetter (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Schwing Stetter (India) Private Limited amount to ₹ 1,968.81 Cr.
When was the last Balance Sheet of Schwing Stetter (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Schwing Stetter (India) Private Limited was filed with the ROC on 31 Dec 2023.
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