Shreem Electric Profile
Key Indicators
- Authorised Capital ₹ 90.99 Cr
- Paid Up Capital ₹ 86.07 Cr
- Company Age 49 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 564.75 Cr
- Satisfied Charges ₹ 1,383.11 Cr
- Revenue Growth 21.65%
- Profit Growth 532.11%
- Ebitda 15.70%
- Net Worth 0.07%
- Total Assets -8.42%
About Shreem Electric
Shreem Electric Limited (SEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 January 1976 and has a history of 49 years and three months. Its registered office is in Kolhapur, Maharashtra, India.
The Corporate was formerly known as Shreem Electric Private Limited. The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 90.99 Cr and a paid-up capital of Rs 86.07 Cr.
The company currently has active open charges totaling ₹564.75 Cr. The company has closed loans amounting to ₹1,383.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shreem Electric Limited India are Vishal Jagadale as CFO and Radhika Patel as Company Secretary. Shahaji Jagadale, Hema Jagadale, Vishal Jagadale, and Three other members serve as directors at the Company.
Company Details
- Location
Kolhapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51505PN1976PLC151160
- Company No.
151160
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Jan 1976
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Energy and Power
What products or services does Shreem Electric Limited offer?
Shreem Electric Limited offers a wide range of products and services, including Resistors & Other Passive Devices, Capacitor, Electrical and Electronic Gadgets, Harmonic Filters, Plant Design & Installation Services, Plant & Equipment Erection Services, Surge Protection Device, Lightning Arresters, Transformers, Current Transformers.
Shreem Electric Limited
Explore comprehensive data for Shreem Electric Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Shreem Electric?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shahaji Jagadale  | Managing Director | 18-Mar-2009 | Current |
| Vikas Jagadale | Managing Director | 18-Mar-2006 | Current |
| Vishal Jagadale | CFO | 01-Oct-2010 | Current |
| Radhika Patel | Company Secretary | 02-Feb-2015 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pandurang Kumbhar | Additional Director | 26-Sep-2024 | Current |
| Hema Jagadale | Director | 08-Apr-1997 | Current |
| Vishal Jagadale | Whole-Time Director and Cfo | 18-Mar-2006 | Current |
| Hemal Gandhi | Nominee Director | 28-Jun-2022 | Current |
Financial Performance of Shreem Electric.
Shreem Electric Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 21.65% increase. The company also saw a substantial improvement in profitability, with a 532.11% increase in profit. The company's net worth moved up by a moderate rise of 0.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shreem Electric?
In 2024, Shreem Electric had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Shahaji Jagadale and Hema Jagadale are mutual person
- Jagadale Agro Farm Private Limited
Shahaji Jagadale and Hema Jagadale are mutual person
- K.N.G. Wires And Cables Llp
Vishal Jagadale and Vikas Jagadale are mutual person
- Mahan Electrical Industries Private Limited
Vishal Jagadale and Vikas Jagadale are mutual person
- Jagadale Csr Foundation
Vishal Jagadale and Vikas Jagadale are mutual person
Charges (Loans)
Open Charges
₹564.75 Cr
Satisfied Charges
₹1,383.11 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 564.65 Cr
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2022 | Others | ₹1.00 M | Open |
| 03 Nov 2009 | Sbicap Trustee Company Limited | ₹564.65 Cr | Open |
| 01 Jun 2020 | Others | ₹4.25 Cr | Satisfied |
| 27 Sep 2017 | Others | ₹0.89 M | Satisfied |
| 28 Jul 2017 | Others | ₹3.00 M | Satisfied |
How Many Employees Work at Shreem Electric?
Shreem Electric has a workforce of 513 employees as of Mar 26, 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 Shreem Electric, 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 Shreem Electric'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 Shreem Electric
Recent activity within the organization
- Director Appointment
Pandurang Tukaram Kumbhar was appointed as a Additional Director was appointed as a Additional Director on 26 Sep 2024 & has been associated with this company since 6 months 19 days .
- Annual General Meeting
Shreem Electric Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
- Balance Sheet
Shreem Electric Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100613290 was registered on 25 Aug 2022.
- Director Appointment
Hemal Rohit Gandhi was appointed as a Nominee Director was appointed as a Nominee Director on 28 Jun 2022 & has been associated with this company since 2 years 9 months .
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 564.65 Cr registered on 03 Nov 2009 with Charge ID 10191641 was modified on 26 Apr 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Shreem Electric Limited?
Shreem Electric Limited was incorporated on 02 Jan 1976.
What is authorized share capital and paid-up capital of Shreem Electric Limited?
The authorized share capital of Shreem Electric Limited is ₹ 90.99 Cr and paid-up capital is ₹ 86.07 Cr.
Who are the current board members & directors of Shreem Electric Limited?
Currently 8 directors are associated with Shreem Electric Limited.
- Shahaji Ramchandra Jagadale
- Hema Shahaji Jagadale
- Vishal Shahaji Jagadale
- Vikas Shahaji Jagadale
- Pandurang Tukaram Kumbhar
- Hemal Rohit Gandhi
- Vishal Shahaji Jagadale
- Radhika Sagar Patel
What is the registered address of Shreem Electric Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shreem Electric Limited is Plot No. 43 To 46 L. K. Akiwate Industrial Co-Op. Estate Ltd., India, Hatkanangale, Maharashtra, 416101.
What is the corporate identification number (CIN) and company number of Shreem Electric Limited?
The corporate identification number (CIN) of Shreem Electric Limited is U51505PN1976PLC151160 and the company number is 151160 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shreem Electric Limited?
The Official website of Shreem Electric Limited is https://www.shreemelectric.com
What has been the recent revenue trend for Shreem Electric Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Shreem Electric Limited has risen by 21.65%.
How many employees does Shreem Electric Limited currently have?
As Per 2024 financial reports, 513 employees are currently employed by Shreem Electric Limited.
What change has been observed in the net worth of Shreem Electric Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Shreem Electric Limited has experienced an upsurge of 0.07%.
What are the total open charges for Shreem Electric Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Shreem Electric Limited amount to ₹ 564.75 Cr.
When was the last Balance Sheet of Shreem Electric Limited filed with the ROC?
The most recent Balance Sheet for Shreem Electric Limited was filed with the ROC on 31 Mar 2024.
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