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
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Sectors
Energy & Utilities
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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
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Annual Revenue
$104.03 M (USD)33.96as on Mar 31, 2024
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Net Profit
$2.53 M (USD)118.6as on Mar 31, 2024
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EBITDA
$5.96 M (USD)78.47as on Mar 31, 2024
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Total Equity Funding
$21.38 M (USD)
in 4 rounds
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Latest Funding Round
$20.4 M (USD), Unspecified
Jan 01, 2025
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Investors
Abakkus Asset Manager
& 7 more
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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.
Medium voltage switchgear is manufactured by Stelmec for transmission and distribution networks
Engineering, procurement, and construction services are provided by Stelmec for high-voltage substations and transmission lines
People of Stelmec
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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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Investor details for Stelmec
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Investments & Acquisitions by Stelmec
Investment portfolio details for Stelmec
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Financial Statements - Stelmec
Detailed financials for Stelmec
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Stelmec Comparisons
Peer comparison for Stelmec
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Competitors of Stelmec
Detailed competitors of Stelmec
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Latest news on Stelmec
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.