Stelmec Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.36 Cr
- Company Age 24 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 527.80 Cr
- Satisfied Charges ₹ 224.25 Cr
- Revenue Growth 33.96%
- Profit Growth 118.60%
- Ebitda 78.47%
- Net Worth 16.76%
- Total Assets 18.14%
About Stelmec
Stelmec Limited (SL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 February 2000 and has a history of 24 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Stelmec 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 8.00 Cr and a paid-up capital of Rs 7.36 Cr.
The company currently has active open charges totaling ₹527.80 Cr. The company has closed loans amounting to ₹224.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Stelmec Limited India are Sameer Desai as COMPANY SECRETARY and Kundipkumar Thakker as Cfo. Dolly Arsiwala, Hamza Arsiwala, and Amar Arsiwala 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
U31200MH2000PLC124565
- Company No.
124565
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Feb 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Stelmec Limited offer?
Stelmec Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Breaker Panels, Transformers & Transformer Parts, Voltage Transformer, Relays and Contactors, Relays, Distribution Transformer, Fuses, Circuit Breakers & Components, Vacuum Circuit Breaker, Indoor VCB Panel.
Who are the key members and board of directors at Stelmec?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hamza Arsiwala  | Managing Director | 29-Feb-2000 | Current |
| Sameer Desai | Company Secretary | 25-Sep-2024 | Current |
| Kundipkumar Thakker | CFO | 11-Sep-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dolly Arsiwala | Whole-Time Director | 01-Mar-2005 | Current |
Amar Arsiwala  | Whole-Time Director | 05-Nov-2018 | Current |
Financial Performance of Stelmec.
Stelmec Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 33.96% increase. The company also saw a substantial improvement in profitability, with a 118.6% increase in profit. The company's net worth Soared by an impressive increase of 16.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Stelmec?
In 2024, Stelmec had a promoter holding of 95.48% and a public holding of 4.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indian Electrical And Electronics Manufacfturers AssociationHamza Arsiwala is a mutual person
Stelmec Powercom Private LimitedHamza Arsiwala and Amar Arsiwala are mutual person
Devanshi Builders Private Limited (Trf.)Dolly Arsiwala and Hamza Arsiwala are mutual person
- Laa-Amar Enterprises Private Limited
Dolly Arsiwala and Hamza Arsiwala are mutual person
- Ruchika Developers Private Limited (Trf.)
Dolly Arsiwala and Hamza Arsiwala are mutual person
- Eco Hotels And Resorts Limited
Sameer Desai is a mutual person
Charges (Loans)
₹527.80 Cr
₹224.25 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 524.88 Cr
- Others : 2.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2024 | Canara Bank | ₹30.00 Cr | Open |
| 03 Oct 2024 | Canara Bank | ₹6.50 Cr | Open |
| 20 Mar 2024 | Others | ₹1.19 M | Open |
| 20 Mar 2024 | Others | ₹1.09 M | Open |
| 20 Mar 2024 | Others | ₹1.19 M | Open |
How Many Employees Work at Stelmec?
Stelmec has a workforce of 6 employees as of Jan 28, 2025. 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 Stelmec, 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 Stelmec'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.
