About Melstar Information Technologies Limited
Data last updated: 14 July 2026
Melstar Information Technologies Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 12 August 1986, the company has been in operation for over 40 years.
Registered with ROC Mumbai under CIN L85493MH1986PLC040604. Listed on BSE: 532307 and NSE: BZ : MELSTAR.
Capital: an authorised share capital of ₹55 Cr and a paid-up capital of ₹2.79 Cr. Formerly known as Sifa India Pvt. Ltd. It is led by directors including Selvaraj Johnson and Tarun Kashyap.
Last AGM: 23 December 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.
The net worth stands at ₹6.08 Cr (up 209.82% YoY). Total assets are valued at ₹9.99 Cr (up 15.88% YoY).
The company has a workforce of approximately 35 employees as per the latest available data.
The company is associated with 1 brand - Melstar. As per MCA filings, the company has satisfied charges of ₹24.76 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website melstar.com.
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Registered AddressUnit No. 1302 13Th Floor Raheja Centre, The Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryInformation Technology, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Melstar Information Technologies Limited
Melstar Information Technologies Limited has one previous CIN (Corporate Identification Number): L99999MH1986PLC040604. The current CIN is L85493MH1986PLC040604, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85493MH1986PLC040604 | Current |
| L99999MH1986PLC040604 | Previous |
Associated Brands with Melstar Information Technologies Limited
Melstar Information Technologies Limited operates one associated brand: Melstar. These brands represent Melstar Information Technologies Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Melstar is a major IT solution providers to the Banking, Insurance, Government and IT sectors. | melstar.com |
Competitors & Alternatives of Melstar Information Technologies Limited
Brands and companies operating in the same space as Melstar Information Technologies Limited include RedShelf, Unicorn, Hedgehog lab and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
RedShelf
|
Platform offering digital textbooks for students | Chicago, United States, United States | 2012 |
Unicorn
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Software development services are provided by Unicorn in Prague. | Prague, Czech Republic, Czechia | 1990 |
Hedgehog lab
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Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom, United Kingdom | 2007 |
AlmavivA
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IT services suite solutions are provided globally by AlmavivA. | Rome, Italy, Italy | 2005 |
Kontron
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Embedded computing platforms are developed for industrial applications. | Linz, Austria, Austria | 1959 |
AKQA
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Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia, Saudi Arabia | 1994 |
Digia
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Software development services including design, integration, and testing are provided. | Helsinki, Finland, Finland | 2005 |
Hancom
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea, South Korea | 1990 |
Gigster
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Software development services are provided via an AI-powered platform. | Austin, United States, United States | 2013 |
NXTsoft
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Computer software development services provider | Birmingham, United States, United States | 2017 |
Auditor Details of Melstar Information Technologies Limited
Melstar Information Technologies Limited is audited by SARDA & PAREEK for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SARDA & PAREEK | Locked | Locked | Locked |
Complete auditor history for Melstar Information Technologies Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Melstar Information Technologies Limited
Melstar Information Technologies Limited is currently managed by 5 directors, with 45 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Selvaraj Johnson | Additional Director | 22 Sep 2025 | 0 Years 9 Months | Current |
| Tarun Kashyap | Director | 14 Nov 2024 | 1 Years 8 Months | Current |
|
Vineet Goverdhan Shah
Also directs:
Mindsweep Ventures Llp, Shivasons Solutions India Private Limited, Melstarr Aviations Tech Private Limited and 2 more
|
Managing Director | 03 Jul 2024 | 2 Years 0 Months | Current |
|
Rose Mary Vase
Also directs:
Sikhara Securities Private Limited
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Additional Director | 14 Feb 2026 | 0 Years 5 Months | Current |
| Ayushi Singh Bais | Additional Director | 25 May 2026 | 0 Years 1 Months | Current |
Financials of Melstar Information Technologies Limited FY 2024 filings available
Melstar Information Technologies Limited reported revenue of ₹- for FY 2024.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹1.17 Cr | ₹11.13 Cr |
| Other Income | ₹12.14 Cr | ₹0 | ₹51,000 | ₹9.79 Lakh | ₹8.05 Lakh |
| Total Income | ₹12.14 Cr | ₹0 | ₹51,000 | ₹1.27 Cr | ₹11.21 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹0 | ₹0 | ₹32,000 | ₹1.77 Cr | ₹9.75 Cr |
| Finance Costs | ₹32.42 Lakh | ₹0 | ₹0 | ₹0 | ₹27.61 Lakh |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹55,000 |
| Other Expenses | ₹53.88 Lakh | ₹1.02 Lakh | ₹41.12 Lakh | ₹1.28 Cr | ₹5.83 Cr |
| Total Expenses | ₹86.3 Lakh | ₹1.02 Lakh | ₹41.44 Lakh | ₹3.05 Cr | ₹15.87 Cr |
| Profit Before Exceptional Items & Tax | ₹11.28 Cr | -₹1.02 Lakh | -₹40.93 Lakh | -₹1.78 Cr | -₹4.65 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹11.28 Cr | -₹1.02 Lakh | -₹40.93 Lakh | -₹1.78 Cr | -₹4.65 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | -₹6,000 |
| Net Profit | ₹11.28 Cr | -₹1.02 Lakh | -₹40.93 Lakh | -₹1.78 Cr | -₹4.65 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹16,000 |
| Total Comprehensive Income | ₹11.28 Cr | -₹1.02 Lakh | -₹40.93 Lakh | -₹1.78 Cr | -₹4.65 Cr |
| EBITDA (computed) | ₹11.6 Cr | -₹1.02 Lakh | -₹40.93 Lakh | -₹1.78 Cr | -₹4.37 Cr |
| Basic EPS | ₹7.90 | ₹0.00 | ₹0.00 | ₹0.00 | ₹-3.25 |
| Diluted EPS | ₹7.90 | ₹0.00 | ₹0.00 | ₹0.00 | ₹-3.25 |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total Assets | ₹9.99 Cr | ₹8.62 Cr | ₹8.74 Cr | ₹8.99 Cr |
| Non-current Assets | ₹0 | ₹22.36 Lakh | ₹22.36 Lakh | ₹35.82 Lakh |
| Current Assets | ₹9.99 Cr | ₹8.39 Cr | ₹8.52 Cr | ₹8.63 Cr |
| Property, Plant & Equipment | ₹0 | ₹0 | ₹0 | ₹0 |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹1.44 Cr | ₹1.71 Cr | ₹1.71 Cr | ₹1.71 Cr |
| Cash & Equivalents | ₹31.79 Lakh | ₹9.91 Lakh | ₹22.39 Lakh | ₹7.21 Lakh |
| Equity (Net Worth) | ₹6.08 Cr | -₹5.54 Cr | -₹5.53 Cr | -₹5.23 Cr |
| Equity Share Capital | ₹14.28 Cr | ₹14.28 Cr | ₹14.28 Cr | ₹14.28 Cr |
| Borrowings (Non-current) | ₹0 | ₹2.97 Cr | ₹0 | ₹0 |
| Borrowings (Current) | ₹2.88 Cr | ₹0 | ₹2.97 Cr | ₹2.97 Cr |
| Total Debt (computed) | ₹2.88 Cr | ₹2.97 Cr | ₹2.97 Cr | ₹2.97 Cr |
| Current Liabilities | ₹3.91 Cr | ₹11.18 Cr | ₹14.27 Cr | ₹14.21 Cr |
| Total Liabilities | ₹3.91 Cr | ₹14.15 Cr | ₹14.27 Cr | ₹14.21 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Operating Cash Flow | ₹54.3 Lakh | -₹12.48 Lakh | ₹4.18 Lakh | -₹1.14 Cr |
| Investing Cash Flow | ₹0 | ₹0 | ₹0 | -₹12.99 Lakh |
| Financing Cash Flow | -₹32.42 Lakh | ₹0 | ₹11 Lakh | ₹5 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹54.3 Lakh | -₹12.48 Lakh | ₹4.18 Lakh | -₹1.14 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹21.88 Lakh | -₹12.48 Lakh | ₹15.18 Lakh | -₹1.22 Cr |
Ownership and Shareholding of Melstar Information Technologies Limited
Shareholding and ownership data for Melstar Information Technologies Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Charges & Borrowings of Melstar Information Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2012 | Bank of India | ₹9 Cr | Satisfied |
| 17 Jul 2009 | Punjab & Sind Bank | ₹7.4 Cr | Satisfied |
| 26 Aug 2005 | Janakalyan Sahakari Banl Limited | ₹3.36 Cr | Satisfied |
| 26 Aug 2005 | Janakalyan Sahakari Bank Ltd. | ₹4.5 Cr | Satisfied |
| 19 Jul 2005 | Janakalyan Sahakari Bank Ltd. | ₹50 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Melstar Information Technologies Limited
Melstar Information Technologies Limited has a workforce of 35 employees as of Sep 22, 2025.
Employee and EPFO history for Melstar Information Technologies Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Melstar Information Technologies Limited
GST registrations and filing compliance for Melstar Information Technologies Limited
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Credit Ratings, Litigation & Regulatory Alerts for Melstar Information Technologies Limited
Credit ratings, litigation, and regulatory alerts for Melstar Information Technologies Limited
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MSME Payment Delays by Melstar Information Technologies Limited
MSME payment history for Melstar Information Technologies Limited
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Subsidiaries & Group Companies of Melstar Information Technologies Limited
Corporate group structure for Melstar Information Technologies Limited
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MCA Filings & Documents of Melstar Information Technologies Limited
MCA filings and documents for Melstar Information Technologies Limited
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Recent Activity on Melstar Information Technologies Limited
Recent News on Melstar Information Technologies Limited
Frequently Asked Questions about Melstar Information Technologies Limited
Melstar Information Technologies Limited is an active public limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 12 August 1986 (40+ years old) and is registered under CIN L85493MH1986PLC040604. Listed on BSE: 532307 and NSE: BZ : MELSTAR. The company has 35 employees.
The current directors of Melstar Information Technologies Limited are:
- Selvaraj Johnson - Additional Director
- Tarun Kashyap - Director
- Vineet Goverdhan Shah - Managing Director
- Rose Mary Vase - Additional Director
- Ayushi Singh Bais - Additional Director
The primary industry of Melstar Information Technologies Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.
Yes. Melstar Information Technologies Limited is listed on both BSE (code: 532307) and NSE (symbol: BZ : MELSTAR).
Melstar Information Technologies Limited can be reached at the registered office: Unit No. 1302 13Th Floor Raheja Centre, The Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website melstar.com.
The authorised capital is ₹55 Cr, and the paid-up capital is ₹2.79 Cr.