Shreem Electric Profile
Key Indicators
- Authorised Capital ₹ 90.99 Cr
as on 24-10-2024
- Paid Up Capital ₹ 86.07 Cr
as on 24-10-2024
- Company Age 48 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 564.75 Cr
as on 24-10-2024
- Satisfied Charges ₹ 1,383.11 Cr
as on 24-10-2024
- Revenue -9.74%
(FY 2023)
- Profit -64.16%
(FY 2023)
- Ebitda -11.20%
(FY 2023)
- Net Worth 0.32%
(FY 2023)
- Total Assets -8.82%
(FY 2023)
About Shreem Electric
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 2023. 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.
- CIN/LLPIN
U51505PN1976PLC151160
- Company No.
151160
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Jan 1976
- Date of AGM
22 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Kolhapur, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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.
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 | 16-Oct-2018 | Current |
| Radhika Patel | Company Secretary | 02-Feb-2015 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hema Jagadale | Director | 08-Apr-1997 | Current |
| Vishal Jagadale | Whole-Time Director and Cfo | 18-Mar-2006 | Current |
| Deepak Maheshwari | Director | 25-Nov-2019 | Current |
| Hemal Gandhi | Nominee Director | 28-Jun-2022 | Current |
Financial Performance and Corporate Structure Insights of Shreem Electric.
Shreem Electric Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.74% decrease. The company also saw a substantial fall in profitability, with a 64.16% decrease in profit. The company's net worth moved up by a moderate rise of 0.32%.
- 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 2023, 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.
Related Corporates (Common Directorship)
Harivikas Agriculture And Trading LlpActive 8 years 11 monthsShahaji Jagadale and Hema Jagadale are mutual person
- Sharp Financial And Capital Consultant L LpActive 7 years 6 months
Shahaji Jagadale and Hema Jagadale are mutual person
- Jagadale Agro Farm Private LimitedActive 13 years 6 months
Shahaji Jagadale and Hema Jagadale are mutual person
- K.N.G. Wires And Cables LlpActive 10 years 11 months
Vishal Jagadale and Vikas Jagadale are mutual person
- Mahan Electrical Industries Private LimitedActive 37 years 2 months
Vishal Jagadale and Vikas Jagadale are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 25 Aug 2022 | ₹1.00 M | Open |
Sbicap Trustee Company Limited Creation Date: 03 Nov 2009 | ₹564.65 Cr | Open |
Others Creation Date: 01 Jun 2020 | ₹4.25 Cr | 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.
