About Stainless Bazaar India Limited
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Stainless Bazaar India Limited is a public limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 12 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52190MH2020PLC347725. Its GSTIN is 27ABECS6483M1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹33.56 Lakh. It was formerly known as Stainless Bazaar India Private Limited. It is led by directors including Ajay Kumar and Radheyshyam Madanlal Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D1 Grd Floor Plot No 100 Sarjan Plaza Dr Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.16 Cr (net margin -65.3%) and EBITDA of -₹1.94 Cr (EBITDA margin -58.6%).
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Stainless Bazaar. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
For more details, the company can be reached via its website stainlessbazaar.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Apps
- Registered AddressD1 Grd Floor Plot No 100 Sarjan Plaza Dr Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryInternet, Online Service Marketplaces
- 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
- One PDF report, delivered after checkout
Business Activity of Stainless Bazaar India Limited
The main business activity of Stainless Bazaar India is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Stainless Bazaar India Limited FY 2025 filings available
Stainless Bazaar India Limited reported revenue of ₹3.31 Cr (up 707% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Stainless Bazaar India Limited
Revenue rose 707% 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 of Stainless Bazaar India Limited
| Metrics | 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 | -₹1.94 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.16 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 of Stainless Bazaar India Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -58.6% | •••• | •••• | •••• |
| Net Profit Margin | -65.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Stainless Bazaar India are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Stainless Bazaar India Limited
Stainless Bazaar India Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Its own revenue is ₹3.31 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Holidify Travels Private Limited | ₹3.38 Cr | ₹6.51 Lakh | 2% | +10% | New, Delhi, India | |
| Homebliss Online Private Limited | ₹3.38 Cr | ₹38.58 Lakh | 11% | +392% | Bengaluru, Karnataka, India | |
| Skyboard Media Private Limited | ₹3.37 Cr | ₹24.92 Lakh | 7% | +24% | Mumbai, Maharashtra, India | |
| Digigrower Services Private Limited | ₹3.35 Cr | ₹2.94 Lakh | 1% | +141% | Pune, Maharashtra, India | |
| Adroit Pharma Research Private Limited | ₹3.34 Cr | ₹72.23 Lakh | 22% | +338% | Vadodara, Gujarat, India | |
| Stainless Bazaar India Limited this company | ₹3.31 Cr | ₹2.16 Cr | -65.3% | Mumbai, Maharashtra, India | ||
| Masheye Infotech Private Limited | ₹3.31 Cr | ₹27.15 Lakh | 8% | +936% | Delhi, India | |
| Docuclip Private Limited | ₹3.31 Cr | ₹1.97 Lakh | 1% | +3630% | Pune, Maharashtra, India | |
| Proparent Solutions Private Limited | ₹3.31 Cr | ₹60.26 Lakh | 18% | +390% | Gurgaon, Haryana, India | |
| Niyoto Technologies Private Limited | ₹3.3 Cr | ₹46.29 Lakh | 14% | +30% | 6 | Bengaluru, Karnataka, India |
| Evanik Networks Private Limited | ₹3.29 Cr | ₹12.44 Lakh | 4% | +8% | 28 | Delhi, India |
Peers are the five companies nearest above and the five nearest below Stainless Bazaar India by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Board of Directors of Stainless Bazaar India Limited
Stainless Bazaar India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar | Director | 30 Jan 2025 | 1 Years 8 Months | Current |
| Radheyshyam Madanlal Sharma Also directs: SRL Green Energy Private Limited, SRL Retyre Bazaar Private Limited, SRL Rubber Solutions Private Limited and 3 more | Director | 12 Oct 2020 | 5 Years 11 Months | Current |
| Jitendra Ramesh Agarwal Also directs: SRL Green Energy Private Limited, SRL Retyre Bazaar Private Limited, SRL Rubber Solutions Private Limited and 4 more | Director | 12 Oct 2020 | 5 Years 11 Months | Current |
Charges & Borrowings of Stainless Bazaar India Limited
Stainless Bazaar India Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Stainless Bazaar India Limited
Stainless Bazaar India Limited has 1 court case on record: 1 filed by Stainless Bazaar India. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Sanjana Metalware India Private Limited | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Stainless Bazaar India Limited
Stainless Bazaar India operates one associated brand: Stainless Bazaar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a mobile app as a marketplace for steel product contract manufacturers. | stainlessbazaar.com |
Employees and EPFO Compliance at Stainless Bazaar India Limited
Employment history and EPFO contributions of people linked to Stainless Bazaar India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Stainless Bazaar India Limited
Stainless Bazaar India has one previous CIN (Corporate Identification Number): U52190MH2020PTC347725. The current CIN is U52190MH2020PLC347725, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52190MH2020PLC347725 | Current |
| U52190MH2020PTC347725 | Previous |
Recent Activity on Stainless Bazaar India Limited
Stainless Bazaar India Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Ajay Kumar ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Stainless Bazaar India Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Stainless Bazaar India Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Stainless Bazaar India Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Stainless Bazaar India Limited
Stainless Bazaar India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABECS6483M1ZM | Maharashtra | Active | 07 Jan 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Stainless Bazaar India Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Stainless Bazaar India Limited
Stainless Bazaar India is an active public limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 12 October 2020 (6+ years old) and is registered under CIN U52190MH2020PLC347725.
Stainless Bazaar India reported revenue of ₹3.31 Cr for FY 2024 (up 707% YoY).
Stainless Bazaar India has 3 current directors:
- Ajay Kumar - Director
- Radheyshyam Madanlal Sharma - Director
- Jitendra Ramesh Agarwal - Director
Stainless Bazaar India reported a net loss of ₹2.16 Cr (net margin -65.3%) and EBITDA of -₹1.94 Cr (EBITDA margin -58.6%) for FY 2024, as per its filed financial statements.
The GSTIN of Stainless Bazaar India is 27ABECS6483M1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Stainless Bazaar India is U52190MH2020PLC347725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stainless Bazaar India has 1 court case on record: 1 filed by the company. 1 is pending.
Stainless Bazaar India was incorporated on 12 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Stainless Bazaar India by revenue are Holidify Travels Private Limited, Homebliss Online Private Limited, Skyboard Media Private Limited, Digigrower Services Private Limited, Adroit Pharma Research Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Ajay Kumar ceased to be Additional Director on 29 Sep 2025. Ajay Kumar was appointed as Director on 30 Jan 2025. Jitendra Ramesh Agarwal was appointed as Director on 12 Oct 2020. Stainless Bazaar India has 4 board changes on record in total.
Yes, Stainless Bazaar India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).