Company Intelligence Profile
Elkem South Asia Private Limited
Elkem South Asia Private Limited is the Indian subsidiary (RoC Mumbai, incorporated 1987) of Norway's Elkem ASA, engaged in basic-metals manufacture and wholesale trade of silicon metal, silicones and carbon-based materials, reporting ~₹752 Cr FY2025 revenue.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Elkem South Asia Private Limited |
|---|---|
| CIN | U99999MH1987FTC043668 |
| PAN | AAACE2668M (Tofler) |
| Status | Active (registry status; last confirmed via Tofler update dated 21 Jun 2026 and TheCompanyCheck/Falconebiz) |
| Listing | Unlisted (private limited company) — per Falconebiz |
| Incorporated | 8 June 1987 (Tofler, TheCompanyCheck, Falconebiz — all agree) |
| ROC | RoC Mumbai / RoC-Mumbai II, Maharashtra (Falconebiz specifies "RoC-Mumbai II"; Tofler/TheCompanyCheck say Mumbai/Maharashtra) |
| Sector (NIC) | NIC 24 — Manufacture of basic metals; NIC 46 — Wholesale trade except of motor vehicles/motorcycles (per TheCompanyCheck's "Industry: Metals and Minerals; Construction Materials Retail & Distribution") |
| Registered address | 307/308, B-Wing, BSEL Tech Park, Sector 30A, Vashi, Navi Mumbai, Maharashtra, India – 400705 (confirmed across Tofler, TheCompanyCheck, Falconebiz) |
| Authorized capital | ₹26,00,00,000 (₹26 Cr) — confirmed across all three sources |
| Paid-up capital | ₹26,00,00,000 (₹26 Cr) — confirmed across all three sources |
Business Overview
Partial / conflicting- Elkem South Asia Pvt Ltd is the wholly Indian subsidiary of Norway-headquartered Elkem ASA, a global producer of silicones, silicon metal and carbon-based materials
- Per TheCompanyCheck, the entity's registered activity codes are basic-metals manufacture (NIC 24) and wholesale trade (NIC 46) — consistent with a marketing/distribution and light-manufacturing arm for Elkem's silicon metal, silicones, and specialty carbon products in India, serving construction, automotive, healthcare, electronics and industrial customers
- Falconebiz notes the entity was "formerly known as Elkem Metallurgy Pvt Ltd and Orkla India Private Limited," indicating a history under Orkla ASA (Elkem's earlier Norwegian parent group) before Elkem's 2018/Bluestar-linked restructuring
- Approx. 150 employees as of April 2024 (TheCompanyCheck)
Directors
Partial / conflictingBoard per Falconebiz/Tofler/TheCompanyCheck (cross-checked, minor discrepancy noted below):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Srinivasan Shastri Saranathan Iyer | 03506599 | Director, appointed 3 March 2011 confirmed, 3 sources | 3 March 2011 |
| Abdelouahid Belmahi | 10362404 | Director/Additional Director, appointment date varies by source: Falconebiz says appointed 3 Nov 2023; Tofler says "additional director, tenure 3 years"; Falconebiz 2nd fetch as TheCompanyCheck says appointed 12 Sep 2024; appointment date is a source conflict, treat as partial | 3 Nov 2023 |
| Lipi Todi | 07142496 | Company Secretary, appointed 1 January 2024 Falconebiz only; not corroborated elsewhere, so partial | 1 January 2024 |
Financials
Partial / conflictingFY2025 (per TheCompanyCheck, standalone, likely provisional/latest-filed):
| Revenue | ₹752.26 Cr (down ~3.00% YoY) |
|---|---|
| EBITDA | not disclosed (gated behind premium report) |
| PAT | not disclosed (gated) |
| Net worth / total assets | not obtained (not publicly shown) |
| Latest balance sheet on record | 31 March 2024 (per Zaubacorp-style registry aggregator via Falconebiz) |
Standalone vs consolidated basis not explicitly labeled by the source; treat as likely standalone (single-entity Indian filing). Borrowings: see Charges below.
Charges/Loans
Partial / conflicting- Per TheCompanyCheck: Open charges totaling ₹2.56 Cr, lender Andhra Bank, 4 registered charges
- satisfied charges ₹0
- Not cross-verified by a second source — treat as partial confidence
Legal
Partial / conflictingPer Indian Kanoon (indiankanoon.org), two notable matters found: 1. Elkem South Asia Private Limited vs Simplex Infrastructures Limited — Calcutta High Court, Case No. EC/431/2023 (Ordinary Original Civil Jurisdiction, execution proceedings), multiple hearings Jan 2024–Sep 2024, before Justice Apurba Sinha Ray. 2. Elkem South Asia Pvt. Ltd vs Haartz Automotive India Pvt. Ltd — Bombay High Court, Commercial Arbitration Application (L) No. 27993 of 2023, order dated 3 May 2024, before Justice Bharati Dangre. Both appear to be commercial/contractual disputes where Elkem South Asia is the petitioner/applicant (i.e., enforcing claims), not a defendant in a regulatory action. Not independently verified beyond the Indian Kanoon summary.
Competitors
Partial / conflictingPeers in silicon metal / silicones / specialty materials supply to the Indian market (rough scale tags, not verified against Elkem South Asia's own ~₹752 Cr revenue): 1. Wacker Metroark Chemicals Pvt Ltd (India arm of Wacker Chemie AG) — comparable/larger global parent scale 2. Momentive Performance Materials India Pvt Ltd — comparable specialty-silicones peer 3. Dow Silicones / Dow Chemical International Pvt Ltd (India) — larger, diversified chemicals major 4. Shin-Etsu Silicones (India) — comparable specialty peer, larger global parent 5. Ferroglobe (silicon metal producer, via India trading/import channel) — comparable in silicon metal segment 6. Hi-Tech Carbon / Birla Carbon (India) — adjacent carbon-materials peer, larger domestic scale Note: competitor scale/segment overlap is approximate; Elkem South Asia's exact India revenue mix (manufacturing vs distribution) was not independently confirmed beyond the NIC classification.
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