- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0053825

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
Recognitions & Rankings of Swedish Me Steel
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
- Website
- Social Media
- Registered AddressOffice No. A – 601 Jaswanti Allied Business Centre Ramchandra Lane, Malad West, Mumbai, Maharashtra, India – 400064
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Swedish Me Steel Private Limited, buy the company report.
- 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
Brands
Swedish Me Steel operates two associated brands: Smart Investment and Swedish ME Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online investment training platform for individuals | smartinvestment.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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 availableSwedish Me Steel Private Limited reported revenue of ₹4.74 Cr (up 137% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹17.72 Lakh | ||||
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| Net Profit (PAT) | ₹11.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 2.3% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nils Jonas Hogstrom | Director | 16 May 2018 | 8 Years 5 Months | Current |
| Dinesh Kumar Singh | Director | 23 Jun 2016 | 10 Years 4 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 2.3% | 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 firm | Financial year | Firm registration number |
|---|---|---|
| MNRD & ASSOCIATES | FY 2023 | 126991W |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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.
Legal cases
No court or tribunal cases involving Swedish Me Steel Private Limited are on our record; a case search with case numbers, parties and status is in the company report 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS2587E4ZM | Maharashtra | Active | 01 Jul 2017 |
| 29AAXCS2587E1ZL | Karnataka | Active | 25 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.
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:
- Nils Jonas Hogstrom - Director
- Dinesh Kumar Singh - Director
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.

