- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-05-0012826

About Shree Electromelts Limited
Data last updated:
Shree Electromelts Limited is a public limited company based in Bhavnagar, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ1991PLC016621. Its GSTIN is 24AADCS0001K1ZX (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.63 Cr. It is led by directors including Ramkrishan Hansraj Jain (Managing Director) and Vipankumar Hansraj Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3 / 4 Kartikeya Complexiind Floor Kalanala, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2025, the company reported a revenue of ₹165.85 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 1%) and EBITDA of ₹4.42 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹416.01 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it.
Shree Electromelts Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0012826). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kirangroup.in.
Company details
CIN history
Shree Electromelts has one previous CIN (Corporate Identification Number): U27109GJ1991PTC016621. The current CIN is U27109GJ1991PLC016621, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109GJ1991PLC016621 | Current |
| U27109GJ1991PTC016621 | Previous |
Recognitions & Rankings of Shree Electromelts
Contact details
Shree Electromelts Limited's registered office is in Bhavnagar, Gujarat. Its website is kirangroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3 / 4 Kartikeya Complexiind Floor Kalanala, Bhavnagar, Gujarat, India – 364001
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Other Metals & Minerals
To see the full contact details of Shree Electromelts Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Shree Electromelts is manufacturing. In detail, this covers coke and refined petroleum products and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Shree Electromelts Limited, buy the company report.
Financials of Shree Electromelts Limited
FY 2024 filings availableShree Electromelts Limited reported revenue of ₹165.85 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 14% growth in the latest year. EBITDA fell 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.69 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shree Electromelts Limited, buy the company report.
Board of directors of Shree Electromelts Limited
Shree Electromelts has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Vipankumar Jain Also directs: Green Tara Recycler LLP, Sel Coke Private Limited, Kiran Ferro Alloys Private Limited and 1 more | Director | 06 Aug 2008 | 18 Years 3 Months | Current |
| Ramkrishan Hansraj Jain Also directs: Green Tara Recycler LLP, Hari-Aum Oxygen Pvt Ltd | Managing Director | 30 Dec 1992 | 33 Years 10 Months | Current |
| Vipankumar Hansraj Jain Also directs: Green Tara Recycler LLP, Hari-Aum Oxygen Pvt Ltd | Whole-Time Director | 30 Dec 1992 | 33 Years 10 Months | Current |
| Vishal Ramkrishan Jain Also directs: Green Tara Recycler LLP, Sel Coke Private Limited, Kiran Ferro Alloys Private Limited and 1 more | Director | 06 Aug 2008 | 18 Years 3 Months | Current |
| Ashwin Vijay Agrawal Also directs: BR Stainless India Limited | Director | 01 May 2025 | 1 Years 6 Months | Current |
| Ashok Sitaram Yadav | Director | 01 May 2025 | 1 Years 6 Months | Current |
Auditor
Shree Electromelts Limited is audited by Ankit J Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ankit J Shah & Co. | FY 2023 | 137983W |
Shareholding
The shareholding of Shree Electromelts Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shree Electromelts Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2025 | 101182217 | Others | ₹5.05 Cr | Open | |
| 17 Oct 2018 | 100213615 | Indian Overseas Bank | ₹97.8 Cr | Open | |
| 14 Jul 2008 | 10140461 | Indian Overseas Bank | ₹59.5 Cr | Open | |
| 21 Jun 2008 | 10114570 | Indian Overseas Bank | ₹197.3 Cr | Open | |
| 17 Nov 2004 | 90107014 | Indian Overseas Bank | ₹55.5 Cr | Open |
To see the full charge records of Shree Electromelts Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shree Electromelts Limited has 11 court cases on record: 5 filed by Shree Electromelts, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 5 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhavnagar, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, Bhavnagar, Gujarat | Court case (SPCS) | Filed by the company against The Gujarat Electircity Board, Through Its Chief Engineer | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Gujarat Electricity Board and 1 other | Disposed |
| District court, Bhavnagar, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner - Central Excise and Customs & Service Tax | Disposed |
To see the full case history of Shree Electromelts Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Shree Electromelts Limited was last rated by Crisil on 30 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Dec 2021 |
To see the full credit ratings and regulatory alerts of Shree Electromelts Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shree Electromelts Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shree Electromelts Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Shree Electromelts has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0001K1ZX | Gujarat | Active | 01 Jul 2017 |
| 24AADCS0001K1D6 | Gujarat | Active | 06 Nov 2024 |
| 27AADCS0001K1ZR | Maharashtra | Active | 01 Oct 2024 |
To see the full GST registrations and return filing status of Shree Electromelts Limited, buy the company report.
Recent activity
Shree Electromelts Limited has 11 board changes on record since 1992: 6 appointments and 5 cessations. The latest: Ashok Sitaram Yadav ceased to be Additional Director on 29 Sep 2025.
12 earlier events are in the company report.
Frequently asked questions
Shree Electromelts is an active public limited company based in Bhavnagar, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 November 1991 (35+ years old) and is registered under CIN U27109GJ1991PLC016621.
Shree Electromelts has 6 current directors:
- Ramkrishan Hansraj Jain - Managing Director
- Vipankumar Hansraj Jain - Whole-Time Director
- Saurabh Vipankumar Jain - Director
- Vishal Ramkrishan Jain - Director
- Ashwin Vijay Agrawal - Director
- Ashok Sitaram Yadav - Director
The latest financial statements of Shree Electromelts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shree Electromelts is 24AADCS0001K1ZX, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AADCS0001K1D6 (Gujarat), 27AADCS0001K1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Shree Electromelts is U27109GJ1991PLC016621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Electromelts has 11 court cases on record: 5 filed by the company and 6 filed against it. Most are in the district courts.
Shree Electromelts was incorporated on 10 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashok Sitaram Yadav ceased to be Additional Director on 29 Sep 2025. Ashwin Vijay Agrawal ceased to be Additional Director on 29 Sep 2025. Ashok Sitaram Yadav was appointed as Director on 01 May 2025. Shree Electromelts has 11 board changes on record in total.
Yes, Shree Electromelts is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-05-0012826).
Shree Electromelts can be reached through the website kirangroup.in. Its registered office is in Bhavnagar, Gujarat, India.

