About Shrid Metal Technologies Private Limited
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Shrid Metal Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Wathar Investment And Trading Co Pvt Ltd. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28112PN2009PTC134607. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.65 Cr. It was formerly known as Shrid Apex Chemtech Private Limited. It is led by directors including Kiran Madhukar Ambike and Sachin Uttam Shende.
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 611 612 613 Koregaon Bhima Tal. Shirur, Pune, Maharashtra, India – 412216.
As per the financials filed for FY 2024, the company reported a revenue of ₹44,217, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹82.34 Lakh and EBITDA of -₹5.31 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 78% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.5 Cr on record. Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shridgroup.com.
Company details
CIN history
Shrid Metal Technologies has one previous CIN (Corporate Identification Number): U24119PN2009PTC134607. The current CIN is U28112PN2009PTC134607, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28112PN2009PTC134607 | Current |
| U24119PN2009PTC134607 | Previous |
Contact details
Shrid Metal Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is shridgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address611 612 613 Koregaon Bhima Tal. Shirur, Pune, Maharashtra, India – 412216
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Shrid Metal Technologies Private 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
Financials of Shrid Metal Technologies Private Limited
FY 2024 filings availableShrid Metal Technologies Private Limited reported revenue of ₹44,217 (down 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over five years, including a 47% fall in the latest year. EBITDA fell 168% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.31 Lakh | ||||
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| Net Profit (PAT) | -₹82.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Shrid Metal Technologies Private Limited, buy the company report.
Board of directors of Shrid Metal Technologies Private Limited
Shrid Metal Technologies has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Madhukar Ambike | Director | 04 Sep 2021 | 5 Years 1 Months | Current |
| Sachin Uttam Shende Also directs: Kevada Investment Pvt Ltd, Varifix Engineering Tools Pvt Ltd, Karad Solar Energy Private Limited and 2 more | Director | 26 Jun 2024 | 2 Years 4 Months | Current |
| Sagar Machindra Lomate Also directs: Kalawade Investment and Trading Co Pvt Ltd, Wathar Investment and Trading Co Pvt Ltd, Bellona Investment Pvt Ltd and 4 more | Director | 26 Jun 2024 | 2 Years 4 Months | Current |
| Sikandar Papalal Momin | Director | 04 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Shrid Metal Technologies Private Limited is audited by V G NAIKAWADI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V G NAIKAWADI & CO. | FY 2023 | 106824W |
Shareholding
The shareholding of Shrid Metal Technologies Private 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 Shrid Metal Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2012 | 10361639 | Union Bank of India Tilak Road Branch | ₹9.5 Cr | Open |
To see the full charge records of Shrid Metal Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shrid Metal Technologies Private Limited has 17 court cases on record: 5 filed by Shrid Metal Technologies, 12 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 2 |
| High courts | 2 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Ms Dana Anand India Private Limited | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Dana Anand India Private Limited Through Company Secretary Shilpa Walunj | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Dana Anand India Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Dana Anand India Private Limited | Disposed |
| District court, Nagpur, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against M/S. Sanvijay Rolling and Engineering Ltd. | Disposed |
To see the full case history of Shrid Metal Technologies Private 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
Shrid Metal Technologies Private Limited was last rated by Crisil on 26 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Mar 2020 |
To see the full credit ratings and regulatory alerts of Shrid Metal Technologies Private Limited, buy the company report.
MSME payment delays
Shrid Metal Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Best Spring Forms Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Shrid Metal Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shrid Metal Technologies Private Limited has a workforce of 20 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Shrid Metal Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shrid Metal Technologies Private Limited, buy the company report.
Recent activity
Shrid Metal Technologies Private Limited has 14 board changes on record since 2016: 4 appointments and 10 cessations. The latest: Sachin Uttam Shende ceased to be Additional Director on 29 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
Shrid Metal Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 September 2009 (17+ years old) and is registered under CIN U28112PN2009PTC134607.
Shrid Metal Technologies has 4 current directors:
- Kiran Madhukar Ambike - Director
- Sachin Uttam Shende - Director
- Sagar Machindra Lomate - Director
- Sikandar Papalal Momin - Director
The latest financial statements of Shrid Metal Technologies 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.
No. Shrid Metal Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shrid Metal Technologies is U28112PN2009PTC134607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrid Metal Technologies has 17 court cases on record: 5 filed by the company and 12 filed against it. 3 are pending. Most are in the district courts.
Shrid Metal Technologies was incorporated on 01 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Sachin Uttam Shende ceased to be Additional Director on 29 Sep 2024. Sagar Machindra Lomate ceased to be Additional Director on 29 Sep 2024. Sachin Uttam Shende was appointed as Director on 26 Jun 2024. Shrid Metal Technologies has 14 board changes on record in total.
Shrid Metal Technologies has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 May 2021.
Shrid Metal Technologies can be reached through the website shridgroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Shrid Metal Technologies is at 611 612 613 Koregaon Bhima Tal. Shirur, Pune, Maharashtra, India – 412216.
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