Swedish Me Steel Private Limited

Swedish Me Steel Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29100MH2016FTC282765 Incorporated 23 June 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company metals and minerals MSME · Micro
Revenue · FY 2024
₹4.74 Cr
▲ 137% YoY
Net profit · FY 2024
₹11.04 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹17.72 Lakh
EBITDA margin 3.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
2
of 4 registered

About Swedish Me Steel Private Limited

Data last updated:

Swedish Me Steel Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Swedish Me Steel Fzc. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 23 June 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2016FTC282765. Its GSTIN is 27AAXCS2587E4ZM (Maharashtra). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nils Jonas Hogstrom and Dinesh Kumar Singh.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.74 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹11.04 Lakh (net margin 2.3%) and EBITDA of ₹17.72 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 36% over five years.

The company is associated with 2 brands: Smart Investment and Swedish ME Steel.

Swedish Me Steel Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0053825). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swedishmesteel.com.

Company details

CIN U29100MH2016FTC282765
Registration Number 282765
Incorporation Date 23 June 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Swedish Me Steel Fzc
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0053825

Recognitions & Rankings of Swedish Me Steel

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0053825

Contact details

Swedish Me Steel Private Limited's registered office is in Mumbai, Maharashtra. Its website is swedishmesteel.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. A – 601 Jaswanti Allied Business Centre Ramchandra Lane, Malad West, Mumbai, Maharashtra, India – 400064
  • Industry
    Metals and Minerals, Metal Retail & Distribution

To see the full contact details of Swedish Me Steel Private Limited, buy the company report.

Comprehensive company report
Swedish Me Steel Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Swedish Me Steel operates two associated brands: Smart Investment and Swedish ME Steel. Each brand links to its own profile.

BrandDescriptionWebsite
Online investment training platform for individualssmartinvestment.in
Special steel products and maintenance solutions in manufacturing.swedishmesteel.com

Business activity

The main business activity of Swedish Me Steel is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Swedish Me Steel Private Limited, buy the company report.

Financials of Swedish Me Steel Private Limited

FY 2024 filings available

Swedish Me Steel Private Limited reported revenue of ₹4.74 Cr (up 137% YoY) for FY 2024.

Revenue · FY 2024
₹4.74 Cr ▲ 137%
Net profit · FY 2024
₹11.04 Lakh margin 2.3%
EBITDA · FY 2024
₹17.72 Lakh margin 3.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 137%
3 years · compounded
▲ 39%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 280%
3 years · compounded
▲ 58%
5 years · compounded
▲ 20%

Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 137% growth in the latest year. EBITDA rose 280% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹17.72 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.04 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.7%
Net Profit Margin2.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Swedish Me Steel Private Limited, buy the company report.

Board of directors of Swedish Me Steel Private Limited

Swedish Me Steel has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nils Jonas HogstromDirector16 May 20188 Years 5 MonthsCurrent
Dinesh Kumar SinghDirector23 Jun 201610 Years 4 MonthsCurrent

Peer comparison

Swedish Me Steel Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Adio Impex Private Limited₹4.76 Cr (FY 2024)Delhi, India
Euromet Alloys Private Limited₹4.76 Cr (FY 2025)9.0%Mumbai, Maharashtra, India
Swedish Me Steel Private Limitedthis company₹4.74 Cr (FY 2024)₹11.04 Lakh2.3%137.0%Mumbai, Maharashtra, India
Wellworth Traders Private Limited₹4.74 Cr (FY 2024)-9.0%Kolkata, West Bengal, India

To see the full peer comparison of Swedish Me Steel Private Limited, buy the company report.

Auditor

Swedish Me Steel Private Limited is audited by MNRD & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MNRD & ASSOCIATESFY 2023126991W

Shareholding

The shareholding of Swedish Me Steel Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Swedish Me Steel Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Swedish Me Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Swedish Me Steel has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAXCS2587E4ZMMaharashtraActive01 Jul 2017
29AAXCS2587E1ZLKarnatakaActive25 Sep 2018

To see the full GST registrations and return filing status of Swedish Me Steel Private Limited, buy the company report.

Recent activity

Swedish Me Steel Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Nils Jonas Hogstrom ceased to be Additional Director on 30 Sep 2019.

AGM
Swedish Me Steel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Swedish Me Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Ceased
Nils Jonas Hogstrom ceased to be Additional Director.
Ceased
Cheyenne Askari Kamran ceased to be Director.
Appointed
Nils Jonas Hogstrom was appointed as Director.
Appointed
Dinesh Kumar Singh was appointed as Director.
Incorporation
23 Jun 2016
Swedish Me Steel Private Limited was registered on 23 Jun 2016 with Roc Mumbai I & aged 10 years 4 months as per MCA records.

Frequently asked questions

Swedish Me Steel is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 23 June 2016 (10+ years old) and is registered under CIN U29100MH2016FTC282765.

Swedish Me Steel has 2 current directors:

The latest financial statements of Swedish Me Steel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Swedish Me Steel is 27AAXCS2587E4ZM, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAXCS2587E1ZL (Karnataka).

The CIN (Corporate Identification Number) of Swedish Me Steel is U29100MH2016FTC282765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Swedish Me Steel was incorporated on 23 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Swedish Me Steel by revenue are Adio Impex Private Limited, Euromet Alloys Private Limited, Wellworth Traders Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading).

Nils Jonas Hogstrom ceased to be Additional Director on 30 Sep 2019. Cheyenne Askari Kamran ceased to be Director on 25 Aug 2018. Nils Jonas Hogstrom was appointed as Director on 16 May 2018. Swedish Me Steel has 4 board changes on record in total.

Yes, Swedish Me Steel is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0053825).

Swedish Me Steel can be reached through the website swedishmesteel.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Swedish Me Steel is at Office No. A – 601 Jaswanti Allied Business Centre Ramchandra Lane, Malad West, Mumbai, Maharashtra, India – 400064.