About Stainless India Ltd
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Stainless India Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27107MH1995PLC408731. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.83 Cr. It is led by directors including Narayana Ramanathan and Rajendra Dattaram Sawant.
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 Mumbai, Maharashtra.
As per MCA filings, the company has satisfied charges of ₹74.1 Cr on record. Court records list 34 cases involving the company, including 18 filed by the company and 16 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 stainlessindia.in.
Company details
CIN history
Stainless India has one previous CIN (Corporate Identification Number): U27107RJ1995PLC010920. The current CIN is U27107MH1995PLC408731, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27107MH1995PLC408731 | Current |
| U27107RJ1995PLC010920 | Previous |
Contact details
Stainless India Ltd's registered office is in Mumbai, Maharashtra. Its website is stainlessindia.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address3rd Floor Bajaj Bhawan Jamnalal Bajaj Marg, 226 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Stainless India Ltd, 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 Stainless India Ltd
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Stainless India Ltd, buy the company report.
Board of directors and KMP of Stainless India Ltd
Stainless India Ltd currently reports 3 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayana Ramanathan | Director | 31 Jul 2020 | 6 Years 3 Months | Current |
| Satish Kamalaksha Pai | Cfo | 04 Aug 2023 | 3 Years 3 Months | Current |
| Rajendra Dattaram Sawant Also directs: India Thermal Power Private Limited, Mukand Heavy Engineering Limited, Bombay Forgings Limited and 1 more | Director | 24 Dec 2024 | 1 Years 10 Months | Current |
| Dhanesh Kanaiyalal Goradia Also directs: India Thermal Power Private Limited, Mukand Heavy Engineering Limited, Bombay Forgings Limited and 1 more | Director | 24 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Stainless India Ltd is audited by S. C. Mehta & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. C. Mehta & Company | FY 2023 | 001158C |
Shareholding
The shareholding of Stainless India Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Stainless India Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2000 | 90073066 | Mukand Global Finance Limited | ₹7.49 Cr | Satisfied | |
| 02 Dec 1999 | 90073001 | Mukand Global Finance Limited | ₹12.36 Cr | Satisfied | |
| 28 Sep 1998 | 90072943 | Mukand Global Finance Limited | ₹8.14 Cr | Satisfied | |
| 18 Jun 1997 | 90072875 | Bank of Rajasthan Ltd. | ₹10 Lakh | Satisfied | |
| 18 Jun 1997 | 90074787 | Bank of Rajastha Ltd. | ₹2.24 Cr | Satisfied |
To see the full charge records of Stainless India Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Stainless India Ltd has 34 court cases on record: 18 filed by Stainless India, 16 filed against it. 3 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 12 | 3 |
| District courts | 13 | 4 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, RAJASTHAN | Court case (WRES) | Filed against the company by M/S. Darcl Logistics Ltd. | Pending |
| High Court of Rajasthan | Writ petition | Filed against the company by M/S. Darcl Logistics Ltd. | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by M/S. Darcl Logistics Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Rohit Ferro Tech Ltd. Rep by Samir Mukherjee | Disposed |
| High Court | Court case (COP) | Filed against the company by Ferro Alloys Corporation Ltd | Disposed |
To see the full case history of Stainless India Ltd, 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 Stainless India Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stainless India 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 Stainless India Ltd, buy the company report.
Recent activity
Stainless India Ltd has 30 board changes on record since 1995: 17 appointments and 13 cessations. The latest: Dhanesh Kanaiyalal Goradia was appointed as Director on 24 Dec 2024.
49 earlier events are in the company report.
Frequently asked questions
Stainless India is an active public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 October 1995 (31+ years old) and is registered under CIN U27107MH1995PLC408731.
Stainless India has 4 current directors and KMP:
- Narayana Ramanathan - Director
- Rajendra Dattaram Sawant - Director
- Dhanesh Kanaiyalal Goradia - Director
- Satish Kamalaksha Pai - Cfo
The latest financial statements of Stainless India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Stainless India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Stainless India is U27107MH1995PLC408731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stainless India has 34 court cases on record: 18 filed by the company and 16 filed against it. 3 are pending. Most are in the high courts.
Stainless India was incorporated on 17 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhanesh Kanaiyalal Goradia was appointed as Director on 24 Dec 2024. Rajendra Dattaram Sawant was appointed as Director on 24 Dec 2024. Shriram Venkat Panse ceased to be Whole-Time Director on 24 Dec 2024. Stainless India has 30 board changes on record in total.
Stainless India can be reached through the website stainlessindia.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Stainless India is at 3rd Floor Bajaj Bhawan Jamnalal Bajaj Marg, 226 Nariman Point, Mumbai, Maharashtra, India – 400021.
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