Sandvik Coromant India Private Limited - Company Profile

It is a machinery and equipment private limited company based in Pune City, Maharashtra, India, established in 1960.
1960 Pune City, Maharashtra, India Active
Last Updated:
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About Sandvik Coromant India Private Limited

Sandvik Coromant India Private Limited, a active private limited company, was established on 08 July 1960 in Pune City, Maharashtra, India. Engaging in industrial machine tools within the manufacturing sector, it holds CIN: U29299PN1960PTC011751. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹198.73 Cr and a paid-up capital of ₹23.97 Cr.

Formerly known as Sandvik Asia Ltd. It upholds a compliant status. Employing 754 professional, Its leadership includes Dieter Norbert Heimerdinger (Director), Surendrakumar Ponnanparambil (Managing Director), Sunil Arun Joshi (Director). Past directors included Sharath Satish Pillai, Parag Parshuram Satpute, Jyotsna Rajesh Sharma. It holds no open charges and ₹329.60 Cr settled loans. Its latest AGM occurred on 31 July 2025, with the balance sheet filed on 31 March 2025. It is based at Mumbai-Pune Road, Dapodi, Pune City, Maharashtra, 411012.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29299PN1960PTC011751

  • Registration Number

    011751

  • Incorporation Date

    08 July 1960

  • Authorized Capital

    ₹198.73 Cr

  • Paid-Up Capital

    ₹23.97 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 198.73 Cr
  • Paid Up Capital ₹ 23.97 Cr
  • Company Age 65 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 329.60 Cr
  • Revenue Growth **** 18.71%
  • Profit Growth **** -37.08%
  • Ebitda **** 10.95%
  • Net Worth -2.90%
  • Total Assets -19.85%
Company report

Sandvik Coromant India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sandvik Coromant India 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 Sandvik Coromant India Private Limited?
Current Directors
Name Designation Appointment Date Status
Dieter Norbert Heimerdinger Director 20 Jul 2020 Current
Surendrakumar Ponnanparambil Managing Director 31 Oct 2017 Current
Sunil Arun Joshi Director 22 Dec 2021 Current
Hemantkumar Narendra Ganatra Director 06 Mar 2025 Current
Rudiger Mannherz Director 29 Mar 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 09 Jul 2020 Past
Pramod Abcsdd Managing Director 31 Oct 2017 Past
Pramod Abcsdd Cfo 16 Mar 2018 Past
Pramod Abcsdd Director 28 Sep 2018 Past
Pramod Abcsdd Director 28 Sep 2008 Past
Pramod Abcsdd Director 16 Mar 2017 Past

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Financial Performance of Sandvik Coromant India.

Sandvik Coromant India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.71% increase. The company also saw a substantial fall in profitability, with a 37.08% decrease in profit. The company's net worth dipped by a decrease of 2.9%.

Sandvik Coromant India revenue growth over time
Sandvik Coromant India 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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 18.71%
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Revenue from Operations
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 18.54%
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Total Assets
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 -19.85%
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Profit or Loss
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 -37.08%
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Net Worth
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 -2.90%
*******
*******
*******
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EBITDA
*******
 10.95%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Sandvik Coromant India?

In 2023, Sandvik Coromant India had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹3,296,000,000.00

Charges Breakdown by Lending Institutions
  • Citibank N.A : 200.00 Cr
  • Citi Bank : 74.00 Cr
  • Corporation Bank : 25.60 Cr
  • The Hong Kong And Shanghai Banking Corpn. Ltd. : 20.00 Cr
  • Canara Bank : 10.00 Cr
Latest Charge Details
Date Lender Amount Status
09 Jul 2008 Citibank N.A ₹100.00 Cr Satisfied
09 Jul 2008 Citibank N.A ₹100.00 Cr Satisfied
30 Mar 2002 The Hong Kong And Shanghai Banking Corpn. Ltd. ₹20.00 Cr Satisfied
22 Mar 2002 Citi Bank ₹74.00 Cr Satisfied
26 Mar 1999 Corporation Bank ₹12.00 Cr Satisfied

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How Many Employees Work at Sandvik Coromant India?

Sandvik Coromant India has a workforce of 754 employees as of Mar 31, 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 Sandvik Coromant India, 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 Sandvik Coromant India'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 Sandvik Coromant India
Recent Activity within the Organization
  • Annual General Meeting

    Sandvik Coromant India Private Limited last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Kajal Naran Patel was appointed as a Company Secretary was appointed as a Company Secretary on 23 Jul 2025 & has been associated with this company since 7 months 3 days . was recorded as a recent event.

  • Director Appointment

    Progress on Hemantkumar Narendra Ganatra was appointed as a Cfo was appointed as a Cfo on 18 Apr 2025 & has been associated with this company since 10 months 7 days . was documented.

  • Balance Sheet

    The activity Sandvik Coromant India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was completed.

  • Director Appointment

    Hemantkumar Narendra Ganatra was appointed as a Director was appointed as a Director on 06 Mar 2025 & has been associated with this company since 11 months 20 days . was recorded as a recent event.

  • Director Appointment

    Progress on Rudiger Mannherz was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 2 years 10 months . was documented.

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Frequently Asked Questions
What is the CIN of Sandvik Coromant India Private Limited?

The CIN of Sandvik Coromant India Private Limited is U29299PN1960PTC011751.

Where is Sandvik Coromant India Private Limited headquartered?

Sandvik Coromant India Private Limited is headquartered at Mumbai-Pune Road, Dapodi, Pune City, Maharashtra, 411012.

When was Sandvik Coromant India Private Limited incorporated?

Sandvik Coromant India Private Limited was incorporated on 08 July 1960.

Who are the current directors of Sandvik Coromant India Private Limited?

The current directors of Sandvik Coromant India Private Limited are

What is the primary industry of Sandvik Coromant India Private Limited?

The primary industry of Sandvik Coromant India Private Limited is Manufacturing.

Is Sandvik Coromant India Private Limited a listed company?

Sandvik Coromant India Private Limited is unlisted.

What is the capital structure of Sandvik Coromant India Private Limited?

The authorized capital of Sandvik Coromant India Private Limited is ₹198.73 Cr, and the paid-up capital is ₹23.97 Cr.

What is the compliance status of Sandvik Coromant India Private Limited?

The compliance status of Sandvik Coromant India Private Limited is Compliant.

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