Stainless India Ltd - Company Profile

It is a metals and minerals public limited company based in Mumbai, Maharashtra, India, established in 1995.
1995 Mumbai, Maharashtra, India Active
Last Updated:
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About Stainless India Ltd

Stainless India Ltd, a active public limited company, was established on 17 October 1995 in Mumbai, Maharashtra, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27107MH1995PLC408731. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹13.83 Cr.

It upholds a compliant status. Its leadership includes Narayana Ramanathan (Director), Shriram Venkat Panse (Whole-Time Director), Satish Kamalaksha Pai (Cfo). Past directors included Narayana Ramanathan, Shyam Lal Gupta, Arvind Madhav Kulkarni. It holds no open charges and ₹74.10 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3Rd Floor, Bajaj Bhawan, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai, Maharashtra, 400021.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27107MH1995PLC408731

  • Registration Number

    408731

  • Incorporation Date

    17 October 1995

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹13.83 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 13.83 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 74.10 Cr
  • Revenue Growth **** %
  • Profit Growth **** 51.71%
  • Ebitda **** -1054.41%
  • Net Worth -0.00%
  • Total Assets -24.44%
Company report

Stainless India Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Stainless India Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Stainless India Ltd?
Current Directors
Name Designation Appointment Date Status
Narayana Ramanathan Director 31 Jul 2020 Current
Shriram Venkat Panse Whole-Time Director 10 May 2022 Current
Satish Kamalaksha Pai Cfo 25 Jul 2023 Current
Rajendra Dattaram Sawant Director 24 Dec 2024 Current
Venkatesh Varadachari Director 30 Jun 2023 Current
Dhanesh Kanaiyalal Goradia Director 24 Dec 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2020 Past
Pramod Abcsdd Director 26 Feb 2009 Past
Pramod Abcsdd Director 10 Jun 2019 Past
Pramod Abcsdd Director 04 Apr 2020 Past
Pramod Abcsdd Nominee Director 10 Mar 2008 Past
Pramod Abcsdd Additional Director 18 Aug 2012 Past

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Financial Performance of Stainless India.

Stainless India Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 51.71% increase in profit. The company's net worth witnessed no change by increase of -0%.

Stainless India revenue growth over time
Stainless India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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Revenue from Operations
*******
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*******
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*******
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Total Assets
*******
 -24.44%
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*******
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Profit or Loss
*******
 51.71%
*******
*******
*******
*******
Net Worth
*******
 -0.00%
*******
*******
*******
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EBITDA
*******
 -1054.41%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Stainless India?

In 2022, Stainless India had a promoter holding of 44.09% and a public holding of 55.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹740,954,544.00

Charges Breakdown by Lending Institutions
  • State Bank Of Bikaner & Jaipur : 28.90 Cr
  • Mukand Global Finance Limited : 28.00 Cr
  • Industrial Development Bank Of India : 9.00 Cr
  • Bank Of Baroda : 5.86 Cr
  • Bank Of Rajastha Ltd. : 2.24 Cr
  • Others : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
26 Dec 2000 Mukand Global Finance Limited ₹7.49 Cr Satisfied
02 Dec 1999 Mukand Global Finance Limited ₹12.36 Cr Satisfied
28 Sep 1998 Mukand Global Finance Limited ₹8.14 Cr Satisfied
18 Jun 1997 Bank Of Rajasthan Ltd. ₹1.00 M Satisfied
18 Jun 1997 Bank Of Rajastha Ltd. ₹2.24 Cr Satisfied

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How Many Employees Work at Stainless India?

Stainless India has a workforce of 0 employees as of Sep 23, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Stainless India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Stainless India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Stainless India
Recent Activity within the Organization
  • Annual General Meeting

    Stainless India Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Stainless India Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was recorded as a recent event.

  • Director Appointment

    Progress on Pradeep Mailanthara Kunjappan was appointed as a Ceo was appointed as a Ceo on 06 Mar 2025 & has been associated with this company since 11 months 24 days . was documented.

  • Director Appointment

    The activity Rajendra Dattaram Sawant was appointed as a Director was appointed as a Director on 24 Dec 2024 & has been associated with this company since 1 year 2 months . was completed.

  • Director Appointment

    Progress on Dhanesh Kanaiyalal Goradia was appointed as a Director was appointed as a Director on 24 Dec 2024 & has been associated with this company since 1 year 2 months . was documented.

  • Director Appointment

    Progress on Akshay Arun Joshi was appointed as a Company Secretary was appointed as a Company Secretary on 18 Mar 2024 & has been associated with this company since 1 year 11 months . was documented.

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Frequently Asked Questions
What is the CIN of Stainless India Ltd?

The CIN of Stainless India Ltd is U27107MH1995PLC408731.

Where is Stainless India Ltd headquartered?

Stainless India Ltd is headquartered at 3Rd Floor, Bajaj Bhawan, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai, Maharashtra, 400021.

When was Stainless India Ltd incorporated?

Stainless India Ltd was incorporated on 17 October 1995.

Who are the current directors of Stainless India Ltd?

The current directors of Stainless India Ltd are

What is the primary industry of Stainless India Ltd?

The primary industry of Stainless India Ltd is Manufacturing.

Is Stainless India Ltd a listed company?

Stainless India Ltd is unlisted.

What is the capital structure of Stainless India Ltd?

The authorized capital of Stainless India Ltd is ₹15.00 Cr, and the paid-up capital is ₹13.83 Cr.

What is the compliance status of Stainless India Ltd?

The compliance status of Stainless India Ltd is Compliant.

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