Elektromag Devices Private Limited - Company Profile

It is a machinery and equipment private limited company based in Mumbai, Maharashtra, India, established in 1974.
1974 Mumbai, Maharashtra, India Active
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About Elektromag Devices Private Limited

Elektromag Devices Private Limited, a active private limited company, was established on 15 July 1974 in Mumbai, Maharashtra, India. Engaging in material handling & storage equipment within the manufacturing sector, it holds CIN: U32108MH1974PTC017610. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹6.05 Cr and a paid-up capital of ₹2.39 Cr.

It upholds a compliant status. Employing 118 professional, Its leadership includes Meena Mohansing Advani (Director), Navin Moti Advani (Director), Kabir Ramesh Advani (Director). Past directors included Meena Mohansing Advani, Maya Moti Advani, Gulu Mohansing Advani. It holds ₹50.89 Cr open charges and ₹9.59 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at 4Th Floorunique Industrial Estate Praphadevi, Mumbai, Maharashtra, 400025.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U32108MH1974PTC017610

  • Registration Number

    017610

  • Incorporation Date

    15 July 1974

  • Authorized Capital

    ₹6.05 Cr

  • Paid-Up Capital

    ₹2.39 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.05 Cr
  • Paid Up Capital ₹ 2.39 Cr
  • Company Age 51 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 50.89 Cr
  • Satisfied Charges ₹ 9.59 Cr
  • Revenue Growth **** 18.19%
  • Profit Growth **** -22.23%
  • Ebitda **** 85.94%
  • Net Worth 8.40%
  • Total Assets **** 2.23%
Company report

Elektromag Devices Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Elektromag Devices Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Elektromag Devices Private Limited?
Current Directors
Name Designation Appointment Date Status
Meena Mohansing Advani Director 03 Jul 2014 Current
Navin Moti Advani Director 28 Sep 1988 Current
Kabir Ramesh Advani Director 01 Jun 2002 Current
Gulu Mohansing Advani Managing Director 15 Jul 1974 Current
Ramesh Mohansing Advani Director 21 Jul 1974 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2014 Past
Pramod Abcsdd Director 28 Oct 2016 Past
Pramod Abcsdd Director 16 Apr 2013 Past
Pramod Abcsdd Director 27 Jan 2014 Past

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Financial Performance of Elektromag Devices.

Elektromag Devices Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.19% increase. The company also saw a substantial fall in profitability, with a 22.23% decrease in profit. The company's net worth moved up by a moderate rise of 8.4%.

Elektromag Devices revenue growth over time
Elektromag Devices profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 18.19%
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Revenue from Operations
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 17.55%
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*******
*******
Total Assets
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 2.23%
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*******
*******
Profit or Loss
*******
 -22.23%
*******
*******
*******
*******
Net Worth
*******
 8.40%
*******
*******
*******
*******
EBITDA
*******
 85.94%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Elektromag Devices?

In 2023, Elektromag Devices had a promoter holding of 93.51% and a public holding of 6.49%. The company had 2 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹508,900,000.00

Satisfied Charges

₹95,910,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 50.79 Cr
  • Others : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
21 Dec 2023 State Bank Of India ₹17.25 Cr Open
08 Jul 2022 Others ₹1.00 M Open
25 Nov 2010 State Bank Of India ₹16.29 Cr Open
08 Apr 1987 State Bank Of India ₹17.25 Cr Open
13 Feb 2020 Hdfc Bank Limited ₹1.00 Cr Satisfied

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How Many Employees Work at Elektromag Devices?

Elektromag Devices has a workforce of 118 employees as of Jul 02, 2024. 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Elektromag Devices, 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 Elektromag Devices's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

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Latest Updates, News, and FAQs on Elektromag Devices
Recent Activity within the Organization
  • Annual General Meeting

    The activity Elektromag Devices Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Elektromag Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of India of Rs. 17.25 Cr registered on 21 Dec 2023 with Charge ID 100845479 was modified on 19 Mar 2025. was completed.

  • Charges

    A charge with State Bank Of India of Rs. 17.25 Cr registered on 08 Apr 1987 with Charge ID 90239206 was modified on 19 Mar 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 28 Aug 2019 via Charge ID 100287530 with Others was fully satisfied on 30 Aug 2024. was documented.

  • Charges

    A charge registered on 19 Aug 2019 via Charge ID 100287362 with Others was fully satisfied on 26 Aug 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Elektromag Devices Private Limited?

The CIN of Elektromag Devices Private Limited is U32108MH1974PTC017610.

Where is Elektromag Devices Private Limited headquartered?

Elektromag Devices Private Limited is headquartered at 4Th Floorunique Industrial Estate Praphadevi, Mumbai, Maharashtra, 400025.

When was Elektromag Devices Private Limited incorporated?

Elektromag Devices Private Limited was incorporated on 15 July 1974.

Who are the current directors of Elektromag Devices Private Limited?

The current directors of Elektromag Devices Private Limited are

What is the primary industry of Elektromag Devices Private Limited?

The primary industry of Elektromag Devices Private Limited is Manufacturing.

Is Elektromag Devices Private Limited a listed company?

Elektromag Devices Private Limited is unlisted.

What is the capital structure of Elektromag Devices Private Limited?

The authorized capital of Elektromag Devices Private Limited is ₹6.05 Cr, and the paid-up capital is ₹2.39 Cr.

What is the compliance status of Elektromag Devices Private Limited?

The compliance status of Elektromag Devices Private Limited is Compliant.

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