Stelmec

Mumbai, India Founded: 1984 • Age: 42 yrs
Manufacturers of Low, Medium Voltage Switchgear and other value added power product
Annual revenue $104.0M Latest available
Total funding $21.4M 4 rounds
Employees 6 Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Stelmec

Stelmec is a company based in Mumbai (India) founded in 1984. Stelmec has raised $21.38 million across 4 funding rounds from investors including Abakkus Asset Manager, Clifton Securities and Subhakamna Commercial. The company has 6 employees as of January 28, 2025. Stelmec offers products and services including Power Products and EPC Services.

  • Headquarter Mumbai, India
  • Employees 6 as on 28 Jan, 2025
  • Stage Minicorn
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Stelmec Limited
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $104.03 M (USD)
    33.96
    as on Mar 31, 2024
  • Net Profit
    $2.53 M (USD)
    118.6
    as on Mar 31, 2024
  • EBITDA
    $5.96 M (USD)
    78.47
    as on Mar 31, 2024
  • Total Equity Funding
    $21.38 M (USD)

    in 4 rounds

  • Latest Funding Round
    $20.4 M (USD), Unspecified

    Jan 01, 2025

  • Investors
  • Employee Count
    6

    as on Jan 28, 2025

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Products & Services of Stelmec

Stelmec offers a comprehensive portfolio of products and services, including Power Products and EPC Services.

Product name locked
Category locked
Primary

Medium voltage switchgear is manufactured by Stelmec for transmission and distribution networks

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Engineering, procurement, and construction services are provided by Stelmec for high-voltage substations and transmission lines

People of Stelmec

Headcount 1000-5000
Employee Profiles 44
Employee Profiles
People
Ujjavalkumar Shah
Engineering Manager
People
Prattikk Kothari ®
Head Of Business Development & Marketing
People
Vaibhav Shah
Senior Manager - Engineering Projects
People
Sayantan Ghosh
Senior Executive - Human Resources (head Office & Front End Sales)

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Funding Insights of Stelmec

Stelmec has successfully raised a total of $21.38M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $20.4 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Stelmec

Stelmec has secured backing from 8 investors, including institutional investors. Prominent investors backing the company include Abakkus Asset Manager, Clifton Securities and Subhakamna Commercial.

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Institutional
Investor Description Founded Year Domain Location
Operates as an investment management firm for financial assets.
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Investor details for Stelmec

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Investments & Acquisitions by Stelmec

Investments
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Investment portfolio details for Stelmec

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Financial Statements - Stelmec

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Detailed financials for Stelmec

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Stelmec Comparisons

Stelmec Primary company
Description
Manufacturers of Low, Medium Voltage Switchgear and other va...
Location
Mumbai, India
Founded Year
1984
Annual Revenue
$104.03 M (USD)
Net Profit
$2.53 M (USD)
EBITDA
$5.96 M (USD)
Employees
6
As of 2025
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Peer comparison for Stelmec

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Competitors of Stelmec

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Detailed competitors of Stelmec

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Latest news on Stelmec

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Complete news archive for Stelmec

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Frequently Asked Questions about Stelmec

Stelmec was founded in 1984 and raised its 1st funding round 22 years after it was founded.

Stelmec is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Hamza Arsiwala is the current CEO of Stelmec.

Stelmec is a funded company, having raised a total of $21.38M across 4 funding rounds to date.

As of Jan 28, 2025, the latest employee count at Stelmec is 6.

Annual revenue of Stelmec is $104.03M as on Mar 31, 2024.

Stelmec manufacturers of low, medium voltage switchgear and other value added power product, focusing on working in the energy sector, and electricity transmission distribution equipment. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Stelmec offers Power Products and EPC Services.

Stelmec has 8 investors. Key investors include Abakkus Asset Manager, Clifton Securities, Subhakamna Commercial, Pushpanjali, and Saffordmercantile.

The valuation of Stelmec is $21.05M as of Mar 2009.

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