Schwing Stetter (India) Private Limited - Company Profile

It is a machinery and equipment private limited company based in Kancheepuram District, Tamil Nadu, India, established in 1998.

1998 Kancheepuram District, Tamil Nadu, India Active

Last Updated: December 22, 2025

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About Schwing Stetter (India) Private Limited

Schwing Stetter (India) Private Limited, a active private limited company, was established on 18 June 1998 in Kancheepuram District, Tamil Nadu, India. Engaging in construction machinery & equipment within the manufacturing sector, it holds CIN: U45309TN1998PTC046270. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹24.09 Cr.

Formerly known as Schwing Stetter (India) Limited. It upholds a compliant status. Employing 1,740 professional, Its leadership includes Sakthikumar Velayutham Govindarajan (Managing Director), Jagannathan Srinivasachari (Director), Rahul Sharma (Director). Past directors included Gerhard Schwing, Achim Michael Waldemar Schroder, Sakthikumar Velayutham Govindarajan. It holds ₹2,232.45 Cr open charges and ₹874.63 Cr settled loans. Its latest AGM occurred on 20 March 2024, with the balance sheet filed on 31 December 2023. It is based at F-71 Sipcot Industrial Park Irungattukottai Sriperumbudur Taluk, Kancheepuram District, Tamil Nadu, 602105.

Company Details

CIN/LLPIN
U45309TN1998PTC046270
Registration Number
046270
Incorporation Date
18 June 1998
Authorized Capital
₹25.00 Cr
Paid-Up Capital
₹24.09 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 25.00 Cr as on 22-12-2025
Paid Up Capital ₹ 24.09 Cr as on 22-12-2025
Company Age 27 Year, 8 Months
Last Filing with ROC 31 Dec 2023
Open Charges ₹ 2,232.45 Cr as on 22-12-2025
Satisfied Charges ₹ 874.63 Cr as on 22-12-2025
Revenue Growth **** 37.96% (FY 2023)
Profit Growth **** 30.50% (FY 2023)
Ebitda **** 18.93% (FY 2023)
Net Worth 15.61% (FY 2023)
Total Assets **** 29.68% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Schwing Stetter (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 Schwing Stetter (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sakthikumar Velayutham Govindarajan	Managing Director	01 Jan 2013	Current
Jagannathan Srinivasachari	Director	17 Feb 2022	Current
Rahul Sharma	Director	17 Feb 2022	Current
Veerasekaran Senthilkumar	Director	12 May 2023	Current
Mehmet Tahir Varlik	Director	29 Nov 2023	Current
Subramanian Angarai Raghavan	Person Incharge	14 Feb 2011	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Nov 2014	Past
Pramod Abcsdd	Director	30 Nov 2014	Past
Pramod Abcsdd	Director	01 Jan 2019	Past
Pramod Abcsdd	Director	31 Dec 2018	Past
Pramod Abcsdd	Director	22 Feb 2023	Past
Pramod Abcsdd	Director	04 Nov 2016	Past

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Financial Performance of Schwing Stetter (India).

Schwing Stetter (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.96% increase. The company also saw a substantial improvement in profitability, with a 30.5% increase in profit. The company's net worth Soared by an impressive increase of 15.61%.

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

********

37.96%

*******

Revenue from Operations

*******

37.67%

*******

Total Assets

*******

29.68%

*******

Profit or Loss

*******

30.50%

*******

Net Worth

*******

15.61%

*******

EBITDA

*******

18.93%

*******

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What is the Ownership and Shareholding Structure of Schwing Stetter (India)?

In 2023, Schwing Stetter (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)

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

₹22,324,471,850.00

Satisfied Charges

₹8,746,301,228.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 967.45 Cr
Others : 575.00 Cr
Yes Bank Limited : 365.00 Cr
Axis Bank Limited : 175.00 Cr
Idbi Bank Limited : 150.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Apr 2025	Hdfc Bank Limited	₹300.00 Cr	Open
16 Dec 2024	Yes Bank Limited	₹120.00 Cr	Open
06 Nov 2024	Hdfc Bank Limited	₹2.40 M	Open
21 Mar 2024	Hdfc Bank Limited	₹3.32 M	Open
08 Sep 2023	Yes Bank Limited	₹120.00 Cr	Open

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How Many Employees Work at Schwing Stetter (India)?

Schwing Stetter (India) has a workforce of 1740 employees as of Apr 24, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Schwing Stetter (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 Schwing Stetter (India)'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 Schwing Stetter (India)

Recent Activity within the Organization

Director Appointment

Benedikt Christoph Ries was appointed as a Director was appointed as a Director on 24 Jul 2025 & has been associated with this company since 7 months 17 days . was recorded as a recent event.
24 Jul 2025
Director Appointment

Progress on Kun Jiang was appointed as a Director was appointed as a Director on 24 Jul 2025 & has been associated with this company since 7 months 17 days . was documented.
24 Jul 2025
Charges

The activity A charge with Hdfc Bank Limited of Rs. 300.00 Cr registered on 23 Apr 2025 with Charge ID 101088457 was modified on 15 May 2025. was completed.
15 May 2025
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 300.00 Cr with Charge ID 101088457 was registered on 23 Apr 2025. was completed.
23 Apr 2025
Charges

Progress on A charge registered on 06 Mar 2023 via Charge ID 100695437 with Others was fully satisfied on 18 Dec 2024. was documented.
18 Dec 2024
Charges

Progress on A charge with Yes Bank Limited amounted to Rs. 120.00 Cr with Charge ID 101031417 was registered on 16 Dec 2024. was documented.
16 Dec 2024

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