Stainless Investments Limited

Provides non-mortgage loans for businesses and invests in various securities.

1982 | Mathura, Uttar Pradesh (India) | Active
Last Updated: June 15, 2024

Stainless Investments Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 23.46 Cr
  • Company Age 42 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15,277.77 Cr
  • Revenue Growth -85.35%
  • Profit Growth -132.82%
  • Ebitda 196.34%
  • Net Worth -9.49%
  • Total Assets -0.15%

About Stainless Investments

Stainless Investments Limited (SIL) is a Public Limited Indian Non-Government Company incorporated in India on 15 September 1982 and has a history of 42 years and five months. Its registered office is in Mathura, Uttar Pradesh, India.

The Company is engaged in the Financial Services 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 24.00 Cr and a paid-up capital of Rs 23.46 Cr.

The company currently has active open charges totaling ₹15,277.77 Cr.

The Key Managerial Personnel (KMP) at Stainless Investments Limited India are Megha Pushkarna as COMPANY SECRETARY and Sunil Mittal as Ceo. Mahender Goel, Vishal Chaturvedi, Shri Sharma, and One other member serve as directors at the Company.

Company Details

  • Location

    Mathura, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jindalstainless.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899UP1982PLC116291

  • Company No.

    116291

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Financial Services

Who are the key members and board of directors at Stainless Investments?

Executive Team (2)

NameDesignationAppointment DateStatus
Megha Pushkarna Company SecretaryCurrent
Sunil Mittal Country flag representing In CEO31-Mar-2015Current

Board Members (4)

NameDesignationAppointment DateStatus
Vishal Chaturvedi Country flag representing In Director 01-Jun-2019Current
Mahender Goel Country flag representing In Director 08-Jul-1988Current
Shri Sharma Country flag representing In Director 01-Feb-2022Current
Om Verma Country flag representing In Director 25-Mar-2019Current

Financial Performance of Stainless Investments.

Stainless Investments Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 85.35% decrease. The company also saw a substantial fall in profitability, with a 132.82% decrease in profit. The company's net worth dipped by a decrease of 9.49%.

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
-85.35%
Revenue from Operations
-86.18%
Total Assets
-0.15%
Profit or Loss
-132.82%
Net Worth
-9.49%
EBITDA
196.34%

What is the Ownership and Shareholding Structure of Stainless Investments?

In 2023, Stainless Investments had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15,277.77 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 15277.77 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2022Sbicap Trustee Company Limited₹119.00 CrOpen
04 Jan 2022Sbicap Trustee Company Limited₹400.00 CrOpen
16 Nov 2021Sbicap Trustee Company Limited₹150.00 CrOpen
24 Aug 2020Sbicap Trustee Company Limited₹400.00 CrOpen
24 Jun 2020Sbicap Trustee Company Limited₹400.00 CrOpen

How Many Employees Work at Stainless Investments?

Unlock and access historical data on people associated with Stainless Investments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Stainless Investments, 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 Investments'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 Stainless Investments

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Stainless Investments Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 7,383.77 Cr registered on 10 Mar 2016 with Charge ID 100032007 was modified on 11 May 2022.

    11 May 2022

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 119.00 Cr with Charge ID 100553884 was registered on 07 Mar 2022.

    07 Mar 2022

  • Director Appointment

    Shri Krishan Sharma was appointed as a Director was appointed as a Director on 01 Feb 2022 & has been associated with this company since 3 years 21 days .

    01 Feb 2022

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 400.00 Cr with Charge ID 100528593 was registered on 04 Jan 2022.

    04 Jan 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Stainless Investments Limited was incorporated on 15 Sep 1982.

  • The authorized share capital of Stainless Investments Limited is ₹ 24.00 Cr and paid-up capital is ₹ 23.46 Cr.

  • Currently 6 directors are associated with Stainless Investments Limited.

    • Mahender Kumar Goel
    • Vishal Chaturvedi
    • Shri Krishan Sharma
    • Megha Pushkarna
    • Sunil Mittal
    • Om Parkash Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Stainless Investments Limited is A-1 Upsidc Industrial Area Nandgaon Road Kosi Kalan, Mathura, Uttar Pradesh, India, 281403.

  • The corporate identification number (CIN) of Stainless Investments Limited is U74899UP1982PLC116291 and the company number is 116291 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Stainless Investments Limited is https://www.jindalstainless.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Stainless Investments Limited has fallen by -85.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Stainless Investments Limited has experienced an downturn of -9.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Stainless Investments Limited amount to ₹ 15,277.77 Cr.

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

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