Stainless India Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.83 Cr
- Company Age 29 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 74.10 Cr
- Revenue Growth %
- Profit Growth 51.71%
- Ebitda -1054.41%
- Net Worth -0.00%
- Total Assets -24.44%
About Stainless India
Stainless India Ltd (SIL) is a Public Limited Indian Non-Government Company incorporated in India on 17 October 1995 and has a history of 29 years and four months. Its registered office is in Mumbai, Maharashtra, 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 15.00 Cr and a paid-up capital of Rs 13.83 Cr.
The company has closed loans amounting to ₹74.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Stainless India Ltd India are Satish Pai as CFO and Akshay Joshi as Company Secretary. Narayana Ramanathan, Venkatesh Varadachari, and Shriram Panse 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
U27107MH1995PLC408731
- Company No.
010920
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Oct 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Stainless India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satish Pai | CFO | 25-Jul-2023 | Current |
| Akshay Joshi | Company Secretary | 18-Mar-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narayana Ramanathan  | Director | 31-Jul-2020 | Current |
| Venkatesh Varadachari | Director | 30-Jun-2023 | Current |
| Shriram Panse | Whole-Time Director | 10-May-2022 | Current |
Financial Performance of Stainless India.
Stainless India Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 51.71% increase in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Stainless India?
In 2022, Stainless India had a promoter holding of 44.09% and a public holding of 55.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kalyani Mukand LimitedShriram Panse is a mutual person
Junnar Sugars LimitedAkshay Joshi is a mutual person
- Bombay Forgings Limited
Venkatesh Varadachari and Shriram Panse are mutual person
- India Thermal Power Private Limited
Shriram Panse is a mutual person
- Mukand Heavy Engineering Limited
Shriram Panse is a mutual person
Charges (Loans)
₹0
₹74.10 Cr
Charges Breakdown by Lending Institutions
- State Bank Of Bikaner & Jaipur : 28.90 Cr
- Mukand Global Finance Limited : 28.00 Cr
- Industrial Development Bank Of India : 9.00 Cr
- Bank Of Baroda : 5.86 Cr
- Bank Of Rajastha Ltd. : 2.24 Cr
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2000 | Mukand Global Finance Limited | ₹7.49 Cr | Satisfied |
| 02 Dec 1999 | Mukand Global Finance Limited | ₹12.36 Cr | Satisfied |
| 28 Sep 1998 | Mukand Global Finance Limited | ₹8.14 Cr | Satisfied |
| 18 Jun 1997 | Bank Of Rajasthan Ltd. | ₹1.00 M | Satisfied |
| 18 Jun 1997 | Bank Of Rajastha Ltd. | ₹2.24 Cr | Satisfied |
How Many Employees Work at Stainless India?
Stainless India has a workforce of 0 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Stainless 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 Stainless 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.
