Shree Electromelts Limited

Produces low-ash coking coal and MS ingots according to credit ratings.

1991 | Bhavnagar, Gujarat (India) | Active
Last Updated: July 02, 2024

Shree Electromelts Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.63 Cr
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 422.96 Cr
  • Revenue Growth 15.06%
  • Profit Growth -84.60%
  • Ebitda -77.08%
  • Net Worth 5.74%
  • Total Assets 11.02%

About Shree Electromelts

Shree Electromelts Limited (SEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 November 1991 and has a history of 33 years and three months. Its registered office is in Bhavnagar, Gujarat, India.

The Company is engaged in the Metals And Minerals 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 6.00 Cr and a paid-up capital of Rs 5.63 Cr.

The company currently has active open charges totaling ₹422.96 Cr.

Vishal Jain, Saurabh Jain, Vipankumar Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kirangroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ1991PLC016621

  • Company No.

    016621

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Shree Electromelts?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramkrishan Jain Country flag representing In Managing Director30-Dec-1992Current

Board Members (3)

NameDesignationAppointment DateStatus
Vishal Jain Country flag representing In Director 06-Aug-2008Current
Saurabh Jain Country flag representing In Director 06-Aug-2008Current
Vipankumar Jain Country flag representing In Whole-Time Director 30-Dec-1992Current

Financial Performance of Shree Electromelts.

Shree Electromelts Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.06% increase. The company also saw a substantial fall in profitability, with a 84.6% decrease in profit. The company's net worth moved up by a moderate rise of 5.74%.

Graph illustrating revenue growth over time
Graph showing 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
15.06%
Revenue from Operations
14.87%
Total Assets
11.02%
Profit or Loss
-84.60%
Net Worth
5.74%
EBITDA
-77.08%

What is the Ownership and Shareholding Structure of Shree Electromelts?

In 2022, Shree Electromelts had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹422.96 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 422.10 Cr
  • Governor Of Gujarat : 0.86 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2018Indian Overseas Bank₹133.80 CrOpen
14 Jul 2008Indian Overseas Bank₹59.50 CrOpen
21 Jun 2008Indian Overseas Bank₹171.30 CrOpen
17 Nov 2004Indian Overseas Bank₹57.50 CrOpen
24 Sep 1999Governor Of Gujarat₹8.58 MOpen

How Many Employees Work at Shree Electromelts?

Shree Electromelts has a workforce of 1 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shree Electromelts, 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 Shree Electromelts'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 Shree Electromelts

Recent activity within the organization

  • Annual General Meeting

    Shree Electromelts Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shree Electromelts Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 133.80 Cr registered on 17 Oct 2018 with Charge ID 100213615 was modified on 16 Mar 2022.

    16 Mar 2022

  • Charges

    A charge with Indian Overseas Bank of Rs. 171.30 Cr registered on 21 Jun 2008 with Charge ID 10114570 was modified on 16 Mar 2022.

    16 Mar 2022

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 133.80 Cr with Charge ID 100213615 was registered on 17 Oct 2018.

    17 Oct 2018

  • Charges

    A charge with Indian Overseas Bank of Rs. 59.50 Cr registered on 14 Jul 2008 with Charge ID 10140461 was modified on 30 Mar 2016.

    30 Mar 2016

Frequently asked questions

  • Shree Electromelts Limited was incorporated on 10 Nov 1991.

  • The authorized share capital of Shree Electromelts Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.63 Cr.

  • Currently 4 directors are associated with Shree Electromelts Limited.

    • Vishal Ramkrishan Jain
    • Saurabh Vipankumar Jain
    • Vipankumar Hansraj Jain
    • Ramkrishan Hansraj Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Electromelts Limited is 3 / 4 Kartikeya Complexiind Floor Kalanala, Bhavnagar, Gujarat, India, 364001.

  • The corporate identification number (CIN) of Shree Electromelts Limited is U27109GJ1991PLC016621 and the company number is 016621 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shree Electromelts Limited is https://www.kirangroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shree Electromelts Limited has risen by 15.06%.

  • As Per 2023 financial reports, 1 employees are currently employed by Shree Electromelts Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shree Electromelts Limited has experienced an upsurge of 5.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shree Electromelts Limited amount to ₹ 422.96 Cr.

  • The most recent Balance Sheet for Shree Electromelts Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing