STERLITE ELECTRIC LIMITED

Active
CIN: U74120PN2015PLC156643 Reg: 156643 ROC Pune Est. 2015-05-05 [email protected] 🌐 sterliteelectric.com
📍 4th Floor, Godrej Millennium 9 Koregaon Road,, NA, Pune, Maharashtra 411001, India
About Sterlite Electric

Sterlite Electric Limited, formerly Sterlite Power Transmission Limited, is a global leader in the manufacturing of high-performance power conductors, cables, and optical ground wire (OPGW). The company leverages its extensive understanding of transmission infrastructure to provide innovative cable solutions and EPC capabilities. Sterlite Electric serves over 70 countries and is a key player in the electricity transmission industry, operating as a manufacturer of capital goods in the cable conductor sector. Their focus extends to social impact, overcoming obstacles, and innovation in finding solutions to complex workplace challenges within the power sector.

Annual Revenue
500+ Crore INR

Company Overview

CategoryCompany limited by shares
ClassPublic
Sub-CategoryNon-government company
ListedUnlisted
Age9 years, 10 months, 8 days
Auth. Capital₹20,00,00,00,000
Paid-Up Capital₹24,50,78,104
Last AGM29-09-2023
Last Balance Sheet31-03-2023

Business Activity

NIC Code7412
SectorAccounting, book-keeping and auditing activities; tax consultancy. [Data processing and tabulation are classified in class 7230; activities involving management consultancy by units that do not provide accounting or auditing services e.g. design of accounting systems, cost accounting programmes, budgetary control procedures etc. are in class 7414 and bill collection in class 7499].
DivisionOTHER BUSINESS ACTIVITIES
GroupLegal; accounting; book-keeping and auditing activities; tax consultancy; market research and public opinion polling; business and management consultancy

Profit & Loss (Cr.)

Year-wise financial performance. All values in Indian Rupees Crore (Cr.).

Financial Year Paid Up Capital Net Worth Total Income Total Expense Profit Before Tax Income Tax Profit After Tax
2023 24.47 1838.26 4048.86 3622.58 426.28 104.27 322.01
2022 12.24 1963.01 3919.50 3620.07 287.72 41.14 246.58
2021 12.24 1380.27 3371.14 3112.78 258.35 -104.57 362.92
2020 12.24 1962.13 2044.75 2329.91 -541.75 -8.84 -532.91
2019 12.24 2951.86 2461.32 2708.68 -247.36 -32.44 -214.93
2018 12.24 2136.31 2414.99 2547.30 -132.31 -26.06 -106.25
2017 12.24 1477.89 2313.91 2372.21 -58.30 -18.21 -40.09
2016 0.00 0.00 2335.76 2444.58 -108.82 0.00 -108.82

Financial Performance Over the Years


Current Directors & Key Managerial Personnel

Directors currently active in STERLITE ELECTRIC LIMITED.

DIN Name Designation Appointed On Wealth Segment Current Directorships
10652503 RESHU MADAN Whole-time director 2024-06-20 1
07131449 POOJA SOMANI Director 2023-10-28 3
*****5104G ASHOK GANESAN Company Secretary 2017-05-29
03128439 ALIPT SHARMA Nominee Director 2025-01-09
00022096 PRAVIN AGARWAL Director 2015-05-05 14
03040062 PRATIK PRAVIN AGARWAL Managing Director 2016-06-01 18
*****1345J RESHU MADAN CEO 2024-06-20
*****6039P PARAG JAIN CFO 2024-03-05
00239653 ANOOP SETH Additional Director 2024-05-01 17

Past Directors & Key Managerial Personnel

Former directors who have ceased their association with STERLITE ELECTRIC LIMITED.

DIN Name Designation Appointed On Wealth Segment Cessation Date
10652503 RESHU MADAN Additional Director - 2024-06-01
07288368 LALIT NARAYAN TANDON Additional Director - 2016-08-17
07288368 LALIT NARAYAN TANDON Director - 2019-05-15
07604457 ANURAAG SRIVASTAVA CFO(KMP) - 2021-09-30
07813589 SANJEEV BHATIA CFO - 2023-08-22
08560321 ZHAO HAIXIA Additional Director - 2019-09-30
08560321 ZHAO HAIXIA Director - 2022-03-31
07131449 POOJA SOMANI Additional Director - 2023-09-29
00057364 ANAND GOPALDAS AGARWAL Director - 2018-05-11
03040078 ANUPAM JINDAL Director - 2016-07-25
02496122 HARSH DINESH SHAH CFO(KMP) - 2018-08-10
03040062 PRATIK PRAVIN AGARWAL CEO(KMP) - 2019-11-08
00020916 ARUN LALCHAND TODARWAL Additional Director - 2016-08-17
00020916 ARUN LALCHAND TODARWAL Director - 2021-07-24
07802554 SWAPNIL PRAKASH PATIL Company Secretary - 2017-05-29
09625188 KAMALJEET KAUR Additional Director - 2022-06-29
09625188 KAMALJEET KAUR Whole-time director - 2023-06-28
00239653 ANOOP SETH Additional Director - 2020-12-31
00239653 ANOOP SETH Director - 2023-10-19
00818169 NARAYANASWAMY ALAMPALLAM RAMAKRISHNAN Additional Director - 2019-09-30
00818169 NARAYANASWAMY ALAMPALLAM RAMAKRISHNAN Director - 2024-07-21
05298459 MANISH AGRAWAL Additional Director - 2021-12-17
05298459 MANISH AGRAWAL Whole-time director - 2024-05-31
06966972 AVAANTIKA RAJESH KAKKAR Additional Director - 2016-08-17
06966972 AVAANTIKA RAJESH KAKKAR Director - 2021-02-01

Open Charges

Charge ID100086955
HolderYES BANK LIMITED
Amount₹2,50,00,00,000
Created02-03-2017
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st PP Chrg on current assets&2nd PPchrg on Mov FA
Charge ID100067404
HolderOthers
Amount₹60,00,00,000
Created20-12-2016
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st Chrg. on current assets & 2nd chrg on Mov FA.
Charge ID100074452
HolderHDFC BANK LIMITED
Amount₹7,00,00,00,000
Created20-12-2016
AssetsBook debts; Floating charge; Movable property (not being pledge); Stock in trade
Charge ID100066753
HolderOthers
Amount₹5,70,00,00,000
Created30-11-2016
AssetsBook debts; Floating charge; Movable property (not being pledge)
Charge ID100069375
HolderOthers
Amount₹2,97,60,00,000
Created30-11-2016
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st charg.on Current Assets & 2nd charg.on Mov.F.A
Charge ID100058740
HolderIDBI Bank Limited
Amount₹2,40,00,00,000
Created17-08-2016
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st Chrg. on CA, Book debts & 2nd chrg on Mov FA.
Charge ID100041644
HolderAxis Bank Limited
Amount₹8,35,00,00,000
Created16-07-2016
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st Chrg on current assets & 2nd chrg on Movabl FA
Charge ID100040847
HolderOthers
Amount₹1,50,00,00,000
Created14-07-2016
AssetsBook debts; Floating charge; Movable property (not being pledge); Current Assets
Charge ID100041200
HolderOthers
Amount₹6,25,00,00,000
Created01-07-2016
AssetsBook debts; Floating charge; Movable property (not being pledge); Charge on all inventories.
Charge ID100432659
HolderOthers
Amount₹1,00,00,000
Created25-01-2021
AssetsLien On Fixed Deposit
Charge ID100445893
HolderState Bank of India
Amount₹6,55,00,00,000
Created25-05-2021
AssetsFixed Deposit with the Bank.
Charge ID100445897
HolderSBICAP TRUSTEE COMPANY LIMITED
Amount₹6,55,00,00,000
Created25-05-2021
Assetsnull
Charge ID100438130
HolderIDBI TRUSTEESHIP SERVICES LIMITED
Amount₹1,92,14,81,69,000
Created25-03-2021
AssetsPledge Over Equity Shares
Charge ID100569773
HolderIndian Bank
Amount₹2,00,00,00,000
Created02-05-2022
AssetsMovable property (not being pledge); Current Assets and Movable Fixed Assets as per DoH
Charge ID100578802
HolderOthers
Amount₹80,00,00,000
Created11-05-2022
AssetsFixed Deposits 004613099269 and 00461309927
Charge ID100579046
HolderOthers
Amount₹1,00,00,00,000
Created11-05-2022
AssetsFixed Deposits 004613099267 and 004613099268
Charge ID100663998
HolderOthers
Amount₹50,00,00,000
Created17-11-2022
Assetsnull
Charge ID100674550
HolderOthers
Amount₹2,10,00,00,000
Created17-01-2023
Assetsnull
Charge ID100780578
HolderSBICAP TRUSTEE COMPANY LIMITED
Amount₹2,00,00,00,000
Created23-08-2023
Assetsnull
Charge ID100933020
HolderOthers
Amount₹1,00,00,00,000
Created24-05-2024
Assetsnull
Charge ID100946144
HolderOthers
Amount₹2,70,00,00,000
Created21-06-2024
Assetsnull

Satisfied Charges

Charge ID100148124
HolderOthers
Amount₹8,25,00,00,000
Created17-01-2018
Satisfied16-02-2021
AssetsDSRA equivalent to Rs. 2 Cr.folio no. 3946169/52
Charge ID100150405
HolderOthers
Amount₹2,03,00,00,000
Created06-12-2017
Satisfied29-01-2021
AssetsFD & pocds of FD No.13020300354340with FederalBank
Charge ID100108027
HolderOthers
Amount₹1,00,00,00,000
Created28-06-2017
Satisfied23-07-2019
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st Chrg. on stocks in trade, Debtors & other CA.
Charge ID100107269
HolderIDBI TRUSTEESHIP SERVICES LIMITED
Amount₹9,25,00,00,000
Created16-06-2017
Satisfied21-04-2020
AssetsPldg.of 24500 Eq.Sh. in East-North Intrcon. Co.Ltd
Charge ID100100283
HolderOthers
Amount₹1,80,00,00,000
Created19-05-2017
Satisfied16-06-2022
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st Chrg. on stocks in trade, Debtors & other CA.
Charge ID100100303
HolderOthers
Amount₹80,00,00,000
Created19-05-2017
Satisfied26-07-2023
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st pari pasu Chrg. on inventories & receivables.
Charge ID100077769
HolderOthers
Amount₹30,00,00,000
Created10-02-2017
Satisfied01-11-2021
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st Chrg. on current assets & 2nd chrg on Mov FA.
Charge ID100076126
HolderOthers
Amount₹50,00,00,000
Created06-02-2017
Satisfied18-10-2019
AssetsUncalled Share Capital; Calls made but not paid; Any property for securing the issue of secured deposits; Immovable property or any interest therein; Book debts; Floating charge; Movable property (not being pledge); As per DOH, SPA, Deed of Confn., Dec of Mort., etc
Charge ID100072221
HolderOthers
Amount₹51,00,00,000
Created09-01-2017
Satisfied28-01-2021
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st Chrg. on current assets & 2nd chrg on Mov FA.
Charge ID100073507
HolderOthers
Amount₹4,00,00,00,000
Created06-01-2017
Satisfied18-10-2019
AssetsImmovable property or any interest therein; As specified in Declaration of Mortgage.
Charge ID100055252
HolderState Bank of India
Amount₹5,79,80,00,000
Created10-10-2016
Satisfied30-03-2022
AssetsUncalled Share Capital; Calls made but not paid; Motor Vehicle (Hypothecation); Book debts; Floating charge; Movable property (not being pledge); As per Unattested DOH dtd. 10.10.2016
Charge ID100068268
HolderOthers
Amount₹26,00,00,000
Created12-09-2016
Satisfied16-09-2022
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st Chrg. on current assets & 2nd chrg on Mov FA.
Charge ID100034220
HolderOthers
Amount₹2,33,60,00,000
Created17-06-2016
Satisfied15-05-2018
AssetsAs per Share pledge agreement dtd. 10.10.2016
Charge ID100210128
HolderOthers
Amount₹2,03,00,00,000
Created10-10-2018
Satisfied22-10-2019
AssetsUncalled Share Capital; Calls made but not paid; Motor Vehicle (Hypothecation); Any property for securing the issue of secured deposits; Book debts; Floating charge; Movable property (not being pledge); As per Unattested DOH dtd. 15.10.2018
Charge ID100209596
HolderOthers
Amount₹8,25,00,00,000
Created18-09-2018
Satisfied18-10-2019
AssetsImmovable property or any interest therein
Charge ID100237347
HolderOthers
Amount₹3,00,00,00,000
Created18-01-2019
Satisfied08-06-2019
AssetsAs per Unattested Share pldg agrmnt dtd 07.02.2019
Charge ID100258053
HolderOthers
Amount₹5,50,00,00,000
Created02-05-2019
Satisfied21-11-2019
AssetsAs per clause 2.2 of unat pledge agreement
Charge ID100289894
HolderOthers
Amount₹6,40,00,00,000
Created23-09-2019
Satisfied09-09-2020
AssetsPledge of equity shares held in the Borrower.
Charge ID100303362
HolderOthers
Amount₹3,50,00,00,000
Created18-10-2019
Satisfied12-08-2020
AssetsEquity Shares as per Annexure A, plant and machine
Charge ID100361432
HolderOthers
Amount₹4,50,00,000
Created10-08-2020
Satisfied16-06-2022
AssetsBook debts; Floating charge; Movable property (not being pledge); 1st Chrg. on current assets of the Company.
Charge ID100398599
HolderOthers
Amount₹2,00,00,00,000
Created07-12-2020
Satisfied28-04-2022
AssetsUncalled Share Capital; Calls made but not paid; Pledge on 49,994 Equity Shares held in SGL 4.
Charge ID100394796
HolderOthers
Amount₹11,00,00,00,000
Created19-11-2020
Satisfied06-11-2021
AssetsMovable property (not being pledge); Pledge of Shares (as detailed in Pledge Agreement)
Charge ID100405611
HolderOthers
Amount₹50,00,00,000
Created30-12-2020
Satisfied06-03-2021
AssetsBook debts; Hypothecation over loans and advances
Charge ID100358338
HolderOthers
Amount₹2,00,00,00,000
Created31-07-2020
Satisfied16-11-2022
AssetsFixed Deposit and/ or cash lien marked with IBL
Charge ID100289404
HolderOthers
Amount₹50,00,00,000
Created27-07-2019
Satisfied05-12-2022
AssetsMovable property (not being pledge); FD with the Bank Bearing No. 000513122574
Charge ID100280926
HolderOthers
Amount₹3,25,00,00,000
Created21-06-2019
Satisfied10-11-2021
AssetsBook debts; Floating charge; Movable property (not being pledge)
Charge ID100252427
HolderOthers
Amount₹2,50,00,00,000
Created05-03-2019
Satisfied21-09-2021
AssetsPledge on 46268994 Shares of SG2L
Charge ID100209554
HolderOthers
Amount₹50,00,00,000
Created01-10-2018
Satisfied05-12-2022
AssetsFloating charge; Movable property (not being pledge); Current Assets and Receivables
Charge ID100148720
HolderHDFC BANK LIMITED
Amount₹1,00,00,00,000
Created17-11-2017
Satisfied23-09-2021
AssetsBook debts; Floating charge; As per deed of hypothecation executed on 17.11.17
Charge ID100088942
HolderSBICAP TRUSTEE COMPANY LIMITED
Amount₹1,00,00,00,000
Created10-04-2017
Satisfied07-01-2022
AssetsMotor Vehicle (Hypothecation); Book debts; Floating charge; Movable property (not being pledge); As per DOH dated 10.04.2017
Charge ID10615645
HolderSBICAP TRUSTEE COMPANY LIMITED
Amount₹6,00,00,00,000
Created18-09-2015
Satisfied20-01-2023
AssetsMotor Vehicle (Hypothecation); Book debts; Floating charge; Movable property (not being pledge); As per Deed of Hypothecation dated 18.09.2015
Charge ID10553045
HolderAxis Bank Limited
Amount₹1,75,00,00,000
Created05-03-2015
Satisfied27-08-2021
AssetsBook debts; Floating charge; Charge on Account Assets & Charge on Current Asset
Charge ID100413751
HolderOthers
Amount₹10,00,00,000
Created11-02-2021
Satisfied13-08-2021
AssetsPledge of 20,39,880 Units of India Grid Trust.
Charge ID100432838
HolderOthers
Amount₹75,00,00,000
Created31-03-2021
Satisfied12-03-2021
AssetsBook debts; Floating charge; Movable property (not being pledge); As specified in Unattested DOH dated 31.03.2021
Charge ID100485603
HolderOthers
Amount₹75,00,00,000
Created24-08-2021
Satisfied20-09-2023
AssetsMovable property (not being pledge); Current assets and ISRA
Charge ID100569926
HolderOthers
Amount₹12,00,00,00,000
Created04-05-2022
Satisfied24-04-2023
AssetsPledge over 51% of Equity Shares of Issuer
Charge ID100569515
HolderOthers
Amount₹1,75,00,00,000
Created30-04-2022
Satisfied16-11-2023
AssetsAs per DOH and the attached Pledge Agreement
Charge ID100610462
HolderOthers
Amount₹12,00,00,00,000
Created28-09-2022
Satisfied24-04-2023
Assetsnull
Charge ID100652300
HolderOthers
Amount₹3,50,00,00,000
Created01-12-2022
Satisfied29-03-2023
Assetsnull

Employee Trend (PF)

Monthly EPF contribution data showing employee headcount and wages paid.

Month Employee Count Amount Paid (EPF)
JUL-23 358 ₹64,14,536
AUG-23 357 ₹63,88,563
SEP-23 361 ₹64,40,155
OCT-23 367 ₹67,52,380
NOV-23 369 ₹67,71,029
DEC-23 375 ₹68,24,869
JAN-24 373 ₹69,21,142
FEB-24 375 ₹68,96,400

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About Sterlite Electric

STERLITE ELECTRIC LIMITED (CIN: U74120PN2015PLC156643) is a active public company incorporated on 2015-05-05, registered under ROC Pune. The company operates in the accounting, book-keeping and auditing activities; tax consultancy. [data processing and tabulation are classified in class 7230; activities involving management consultancy by units that do not provide accounting or auditing services e.g. design of accounting systems, cost accounting programmes, budgetary control procedures etc. are in class 7414 and bill collection in class 7499]. sector (NIC Code: 7412).

For financial year 2024, STERLITE ELECTRIC LIMITED reported a total income of ₹49,74,86,10,000, placing it in the 500+ Crore INR revenue bracket .

The company has 9 current directors : RESHU MADAN , POOJA SOMANI , ASHOK GANESAN , ALIPT SHARMA , PRAVIN AGARWAL , PRATIK PRAVIN AGARWAL , RESHU MADAN , PARAG JAIN , ANOOP SETH . 25 past directors are also on record.

Registered Address: 4th Floor, Godrej Millennium 9 Koregaon Road,, NA, Pune, Maharashtra 411001, India

STERLITE ELECTRIC LIMITED CIN STERLITE ELECTRIC LIMITED directors list STERLITE ELECTRIC LIMITED annual revenue 2024 STERLITE ELECTRIC LIMITED ROC filing STERLITE ELECTRIC LIMITED profit loss statement STERLITE ELECTRIC LIMITED net worth Sterlite Electric revenue Sterlite Electric directors RESHU MADAN DIN 10652503 net worthPOOJA SOMANI DIN 07131449 net worthASHOK GANESAN DIN *****5104G net worthALIPT SHARMA DIN 03128439 net worthPRAVIN AGARWAL DIN 00022096 net worthPRATIK PRAVIN AGARWAL DIN 03040062 net worthRESHU MADAN DIN *****1345J net worthPARAG JAIN DIN *****6039P net worthANOOP SETH DIN 00239653 net worth Accounting, book-keeping and auditing activities; tax consultancy. [Data processing and tabulation are classified in class 7230; activities involving management consultancy by units that do not provide accounting or auditing services e.g. design of accounting systems, cost accounting programmes, budgetary control procedures etc. are in class 7414 and bill collection in class 7499]. companies India private limited company ROC Pune