Melstar Information Technologies Limited - Company Profile

It is a information technology public limited company based in Mumbai, Maharashtra, India, established in 1986.

1986 Mumbai, Maharashtra, India Active

Last Updated: December 27, 2025

About Melstar Information Technologies Limited

Melstar Information Technologies Limited, a active public limited company, was established on 12 August 1986 in Mumbai, Maharashtra, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: L85493MH1986PLC040604. Registered under ROC Roc Mumbai. it is listed on BSE: 532307 and NSE: BZ : MELSTAR. It has an authorized capital of ₹55.00 Cr and a paid-up capital of ₹2.79 Cr.

Formerly known as Sifa India Pvt. Ltd.. It upholds a compliant status. In 2019, it reported revenue of ₹12.46 Cr and a net worth of ₹1.15 Cr. Employing 35 professional, Its leadership includes Rajnikant Fakirbhai Patel (Director), Uttam Prakash Agarwal (Director), Tarun Kashyap (Director). Past directors included Suresh Gangaram Mitbaokar, Mrugesh Chinubhai Shah, Ramprakash Murlidhar Mishra. It holds no open charges and ₹24.76 Cr settled loans. Its latest AGM occurred on 23 December 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No. 1302, 13Th Floor, Raheja Centre, The Free Press Journal Marg, Nariman Point,, Mumbai, Maharashtra, 400021.

Company Details

CIN/LLPIN
L85493MH1986PLC040604
Registration Number
040604
Incorporation Date
12 August 1986
Authorized Capital
₹55.00 Cr
Paid-Up Capital
₹2.79 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 532307, NSE: BZ : MELSTAR)
Company Status
Active

Key Metrics

Authorised Capital ₹ 55.00 Cr as on 27-12-2025
Paid Up Capital ₹ 2.79 Cr as on 27-12-2025
Company Age 39 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 24.76 Cr as on 27-12-2025
Revenue Growth **** 78.40% (FY 2019)
Profit Growth **** 96.28% (FY 2019)
Ebitda **** -109.66% (FY 2019)
Net Worth -8.71% (FY 2019)
Total Assets -41.16% (FY 2019)

Comprehensive Company Insights

Explore comprehensive insights into Melstar Information Technologies 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 Melstar Information Technologies Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajnikant Fakirbhai Patel	Director	24 Jul 2024	Current
Uttam Prakash Agarwal	Director	24 Jul 2024	Current
Tarun Kashyap	Director	14 Nov 2024	Current
Alyzaa Mohammed Abbas Merchant	Director	03 Jul 2024	Current
Vineet Govardhan Prasad Shah	Managing Director	03 Jul 2024	Current
Subhash Chandra Varshney	Director	03 Jul 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	13 Nov 2017	Past
Pramod Abcsdd	Director	30 Apr 2008	Past
Pramod Abcsdd	Additional Director	27 Sep 2014	Past
Pramod Abcsdd	Director Appointed In Casual Vacancy	29 Sep 2008	Past
Pramod Abcsdd	Director	22 Apr 2009	Past
Pramod Abcsdd	Additional Director	04 Jul 2024	Past

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Financial Performance of Melstar Information Technologies.

Melstar Information Technologies Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 78.4% increase. The company also saw a substantial improvement in profitability, with a 96.28% increase in profit. The company's net worth dipped by a decrease of 8.71%.

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

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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

********

78.40%

*******

Revenue from Operations

*******

2.31%

*******

Total Assets

*******

-41.16%

*******

Profit or Loss

*******

96.28%

*******

Net Worth

*******

-8.71%

*******

EBITDA

*******

-109.66%

*******

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What is the Ownership and Shareholding Structure of Melstar Information Technologies?

In 2024, Melstar Information Technologies had a promoter holding of 47.06% and a public holding of 52.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹0

Satisfied Charges

₹247,617,000.00

Charges Breakdown by Lending Institutions

Bank Of India : 9.00 Cr
Punjab & Sind Bank : 7.40 Cr
Janakalyan Sahakari Bank Ltd. : 5.00 Cr
Janakalyan Sahakari Banl Limited : 3.36 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Jul 2012	Bank Of India	₹9.00 Cr	Satisfied
17 Jul 2009	Punjab & Sind Bank	₹7.40 Cr	Satisfied
26 Aug 2005	Janakalyan Sahakari Bank Ltd.	₹4.50 Cr	Satisfied
26 Aug 2005	Janakalyan Sahakari Banl Limited	₹3.36 Cr	Satisfied
19 Jul 2005	Janakalyan Sahakari Bank Ltd.	₹5.00 M	Satisfied

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How Many Employees Work at Melstar Information Technologies?

Melstar Information Technologies has a workforce of 35 employees as of Sep 22, 2025. 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Melstar Information Technologies, 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 Melstar Information Technologies's trajectory.

Rating

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

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 Melstar Information Technologies

Recent Activity within the Organization

Director Appointment

Bhawna Rajawat was appointed as a Company Secretary was appointed as a Company Secretary on 03 Oct 2025 & has been associated with this company since 7 months 4 days . was recorded as a recent event.
03 Oct 2025
Director Appointment

Progress on Selvaraj Johnson was appointed as a Additional Director was appointed as a Additional Director on 22 Sep 2025 & has been associated with this company since 7 months 15 days . was documented.
22 Sep 2025
Director Appointment

Raveendra Sangapu was appointed as a Cfo was appointed as a Cfo on 27 May 2025 & has been associated with this company since 11 months 11 days . was recorded as a recent event.
27 May 2025
Annual General Meeting

Melstar Information Technologies Limited last Annual general meeting of members was held on 23 Dec 2024 as per latest MCA records. was recorded as a recent event.
23 Dec 2024
Director Appointment

Tarun Kashyap was appointed as a Director was appointed as a Director on 14 Nov 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
14 Nov 2024
Director Appointment

Progress on Rajnikant Fakirbhai Patel was appointed as a Director was appointed as a Director on 24 Jul 2024 & has been associated with this company since 1 year 9 months . was documented.
24 Jul 2024

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