About Stesalit Systems Limited
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Stesalit Systems Limited is a public limited company based in Kolkata, West Bengal, India, recognised as a startup by DPIIT. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 07 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31908WB2010PLC155476. Its GSTIN is 19AAPCS0996R1Z2 (West Bengal). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.36 Cr. It is led by directors including Subodh Vijayaraghava Menon and Perumangode Neelkandhan Ramaswamy.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.65 Cr, a growth of 11% compared to the previous year.
The company has about 89 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: 9Trax and Stesalit. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹18.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stesalitsystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressStesalit Towers 1st Floor Plot No. E2 – 3 Block Ep – Gp Salt Lake S, Ector – V, Kolkata, West Bengal, India – 700091
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment, Electrical Equipment
- 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
Associated Brands with Stesalit Systems Limited
Stesalit Systems operates two associated brands: 9Trax and Stesalit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides GPS tracking devices for monitoring field workers and vehicles. | 9trax.com | |
| IoT and AI solutions are provided by Stesalit for enterprises. | stesalitsystems.com |
Competitors & Alternatives of Stesalit Systems Limited
Brands and companies operating in the same space as Stesalit Systems Limited include EnOcean, Amperon, BluWave-ai and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 EnOcean | Energy-harvesting wireless technology is developed for automation and sensing applications. | Oberhaching, Germany | 2001 |
 Amperon | AI-driven IoT platform is used by energy retailers and utilities. | New York, United States | 2017 |
 BluWave-ai | AI-based SaaS platform is provided for distributed energy resources. | Ottawa, Canada | 2017 |
 Sagemcom | Provider of IoT gateways and smart energy meters | - | 2008 |
 Stark | Submetering infrastructure installation and data analytics solutions are provided. | Horley, United Kingdom | 1981 |
 Grid Status | Cloud-based dashboards for real-time electric grid monitoring are offered. | Chicago, United States | 2023 |
 pSemi | Mixed signal communications circuits | San Diego, United States | 1990 |
 Treon | Developer of IoT enabled wireless hardware devices for industrial applications | Tampere, Finland | 2016 |
 eSmart Systems | Virtual grid asset inspection and digital inventory solutions are provided. | Halden, Norway | 2012 |
 Arkion | AI-powered asset analytics for power grid inspections are provided. | Stockholm, Sweden | 2019 |
Business Activity of Stesalit Systems Limited
The main business activity of Stesalit Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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.
Auditor Details of Stesalit Systems Limited
Stesalit Systems Limited is audited by B CHHAWCHHARIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B CHHAWCHHARIA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Stesalit Systems Limited
Stesalit Systems has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subodh Vijayaraghava Menon | Director | 22 Aug 2023 | 3 Years 1 Months | Current |
| Perumangode Neelkandhan Ramaswamy Also directs: Fobeoz India Private Limited, Dorf-Ketal Chemicals India Limited, Tineta Pharma Private Limited and 5 more | Director | 22 Aug 2023 | 3 Years 1 Months | Current |
| Sudhir Vijay Menon | Director | 22 Aug 2023 | 3 Years 1 Months | Current |
| Hemant Khemka Also directs: Stesalit Automation Private Limited, Ste Electricals Private Limited, Stesalit Green Tech Private Limited and 5 more | Director | 07 Dec 2010 | 15 Years 9 Months | Current |
Financials of Stesalit Systems Limited FY 2025 filings available
Stesalit Systems Limited reported revenue of ₹34.65 Cr (up 11.00% YoY) for FY 2025.
Financial Statement Summary of Stesalit Systems Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Stesalit Systems Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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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 Stesalit Systems are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Stesalit Systems Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Stesalit Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jun 2024 | Others | ₹20 Cr | Open |
| 10 Aug 2023 | Others | ₹10 Cr | Satisfied |
| 20 Jan 2016 | State Bank of India | ₹8.05 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Stesalit Systems Limited
Stesalit Systems Limited has a workforce of 89 employees as of Apr 08, 2024.
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.
GST Compliance of Stesalit Systems Limited
Stesalit Systems has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAPCS0996R1Z2 | West Bengal | Active | 01 Jul 2017 |
| 21AAPCS0996R2ZG | Odisha | Active | 25 Jan 2019 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Stesalit Systems 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 Stesalit Systems 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 Stesalit Systems 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.
MCA Filings & Documents of Stesalit Systems 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.
Recent Activity on Stesalit Systems Limited
Frequently Asked Questions about Stesalit Systems Limited
Stesalit Systems is an active public limited company based in Kolkata, West Bengal, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 07 December 2010 (16+ years old) and is registered under CIN U31908WB2010PLC155476.
Stesalit Systems reported revenue of ₹34.65 Cr for FY 2025 (up 11.00% YoY).
Stesalit Systems has 4 current directors:
- Subodh Vijayaraghava Menon - Director
- Perumangode Neelkandhan Ramaswamy - Director
- Sudhir Vijay Menon - Director
- Hemant Khemka - Director
The GSTIN of Stesalit Systems is 19AAPCS0996R1Z2, registered in West Bengal. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 21AAPCS0996R2ZG (Odisha).
The CIN (Corporate Identification Number) of Stesalit Systems is U31908WB2010PLC155476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stesalit Systems was incorporated on 07 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
Yes, Stesalit Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Stesalit Systems can be reached through the website stesalitsystems.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Stesalit Systems is at Stesalit Towers 1st Floor Plot No. E2 – 3 Block Ep – Gp Salt Lake S, Ector – V, Kolkata, West Bengal, India – 700091.