About Shutham Electric Limited
Data last updated:
Shutham Electric Limited is a public limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51505MH1991PLC073335. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.45 Cr. It was formerly known as Shutham Electric Pvt Limited. It is led by directors including Somorita Bose and Pingal Roy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at S. No. 283 Chakan Road Hanumanwadi Karwa Samor Kelgaon Tal. Khed Pune – 412105, Maharashtra, India – 412105.
As per MCA filings, the company has open charges of ₹35 Cr and satisfied charges of ₹8.39 Cr on record. Court records list 73 cases involving the company, including 8 filed by the company and 65 filed against it; 11 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website shuthamelectric.com.
Company details
CIN history
Shutham Electric has one previous CIN (Corporate Identification Number): L51505MH1991PLC073335. The current CIN is U51505MH1991PLC073335, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51505MH1991PLC073335 | Current |
| L51505MH1991PLC073335 | Previous |
Contact details
Shutham Electric Limited's registered office is in Pune, Maharashtra.
- Registered AddressS. No. 283 Chakan Road Hanumanwadi Karwa Samor Kelgaon Tal. Khed Pune – 412105, Maharashtra, India – 412105
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Shutham Electric Limited
FY 2019 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Shutham Electric Limited, buy the company report.
Board of directors of Shutham Electric Limited
Shutham Electric has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somorita Bose Also directs: Procyon Engineering Private Limited, Shutham Industries Limited | Director | 18 Oct 2006 | 20 Years 0 Months | Current |
| Pingal Roy | Director | 20 Jul 2018 | 8 Years 3 Months | Current |
| Vashim Nisar Shaikh Also directs: Easymost Supermarket Private Limited | Director | 20 Jul 2018 | 8 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2011 | 10279634 | The Greater Bombay Co-Op Bank Ltd | ₹7.5 Cr | Open | |
| 09 Mar 2011 | 10279637 | The Greater Bombay Co-Op Bank Ltd | ₹10 Cr | Open | |
| 09 Mar 2011 | 10279638 | The Greater Bombay Co-Op Bank Ltd | ₹7.5 Cr | Open | |
| 21 Feb 2011 | 10279635 | The Greater Bombay Co-Op Bank Ltd | ₹10 Cr | Open | |
| 13 Mar 1995 | 80009268 | Union Bank of India | ₹8.39 Cr | Satisfied |
To see the full charge records of Shutham Electric Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Shutham Electric Limited has 73 court cases on record: 8 filed by Shutham Electric, 65 filed against it. 11 cases are pending and 62 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 64 | 61 | 8 |
| High courts | 8 | 4 | 3 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (APL) | Filed against the company by Vishnu Vaibhav Industries Pvt Ltd Thru Director Mr Vaibhav Raheja and 5 others | Pending |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed by the company against Vishnu Vaibhav Industries Pvt Ltd Through Director Vaibhav Raheja and 5 others | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Alta Leasing and Finance Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Polyplastics Mechatronics Pvt Ltd. | Disposed |
| District court, West, Delhi | Execution petition | Filed against the company by Om Logistics Limited | Disposed |
To see the full case history of Shutham Electric 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shutham Electric Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shutham Electric has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shutham Electric Limited, buy the company report.
Recent activity
Shutham Electric Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Vashim Nisar Shaikh ceased to be Director on 07 Jan 2021.
5 earlier events are in the company report.
Frequently asked questions
Shutham Electric is an active public limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 November 1991 (35+ years old) and is registered under CIN U51505MH1991PLC073335.
Shutham Electric has 3 current directors:
- Somorita Bose - Director
- Pingal Roy - Director
- Vashim Nisar Shaikh - Director
The latest financial statements of Shutham Electric on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Shutham Electric has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Shutham Electric is U51505MH1991PLC073335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shutham Electric has 73 court cases on record: 8 filed by the company and 65 filed against it. 11 are pending. Most are in the district courts.
Shutham Electric was incorporated on 27 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Pune.
Vashim Nisar Shaikh ceased to be Director on 07 Jan 2021. Pingal Roy was appointed as Director on 20 Jul 2018. Vashim Nisar Shaikh was appointed as Director on 20 Jul 2018. Shutham Electric has 7 board changes on record in total.
Shutham Electric can be reached through the website shuthamelectric.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Shutham Electric is at S. No. 283 Chakan Road Hanumanwadi Karwa Samor Kelgaon Tal. Khed Pune – 412105, Maharashtra, India – 412105.
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