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Melstar Information Technologies Ltd Technicals
Current Price
₹
No value
EMASMA
20 Day
₹ 0.000
50 Day
₹ 0.000
100 Day
₹ 0.000
200 Day
₹ 0.000
20 Day
₹ 0.000
50 Day
₹ 0.000
100 Day
₹ 0.000
200 Day
₹ 0.000
Melstar Information Technologies Ltd Performance
Previous Close
₹
High
₹
Volume
52W Range
₹ - ₹
Open
₹
Low
₹
Market Cap
₹ 6 Cr
Melstar Information Technologies Ltd Fundamentals
ROCE
-13.712
P/E Ratio
-3.290
P/B Ratio
0.340
Industry P/E
0.340
Debt to Equity
26.375
ROE
-29.088
EPS
-1.290
Dividend Yield
0.000
Book Value
12.469
Face Value
10.000
Melstar Information Technologies Ltd Financials
Particulars
Y202403
Y202303
Y202203
Y202103
Y202003
Total Revenue
12.1423
0
0.0051
1.2712
11.214
Total Expenses
0.863
0.0102
0.4144
3.0531
15.865
Profit After Tax
11.2793
-0.0102
-0.4093
-1.7819
-4.6504
Melstar Information Technologies Ltd Shareholding Pattern
Promoter Holdings
55.320 %
FIIs
0.000 %
DIIs
0.000 %
MutualFund
0.000 %
Retail
39.001 %
Others -
5.680 %
About Melstar Information Technologies Ltd
History of Melstar Information Technologies Ltd
Melstar Information Technologies Limited (MITL) was incorporated on August 12, 1986 as a Private Limited Company under the name of 'Sifa India Private Limited'. Thereafter the Company converted into a Public Limited Company in July, 1994 and changed to 'Sifa India Limited' and thereafter to 'Melstar Information Technologies Limited' in 1999. Presently promoted by Birla Bombay Private Limited and Godavari Corporation Private Limited, the Company is engaged in software services. It manufacturers, exports, imports, buy, sell and deal in electronic systems, information technology including consultancy, computer hardware, software development, infotech services, enterprise solutions, out-sourcing and facility management, internet, E-commerce etc.
In 1993, the company diversified into software exports and has been exporting mainly to USA, Italy, Switzerland etc. It further diversified into manufacture of electronic products such as calculators, blinkers, etc in 1994-95. The company also established a branch office in London on May 1998. Melstar Inc is a subsidiary of MITL located in USA. In July, 1999, Melstar Industries (MIL) was amalgamated with the company in terms of scheme of amalgamation sanctioned by the Hon'ble Bombay High Court.
The Company made its initial public offer in January 2000. it acquired Linkhand Ltd and its two subsidiaries and also acquired 100% of the equity of Global System Development Inc. in the US. The Company also incorporated subsidiaries in UK, G ...ermany and Singapore.
During the year 2005-06, at the Court Convened Meeting, the Scheme of Arrangement for Merger of Melstar Fashions Private Limited (MFPL), a Group Company under the control of the Promoters of the Company was made effective on 9th October, 2006. In terms of the approved Scheme, every equity shareholder of erstwhile MFPL was allotted one fully Paid up 5% Cumulative Redeemable Preference Share of Rs.10/- each for every 50 Equity Shares of Rs.10/- each held in erstwhile MFPL.
During the period 2015-16, the Company acquired the 6,00,000 equity shares aggregating to 100% of the paid up share capital of IDV Technology Solutions Private Limited for a consideration of Rs. 0.6 Crores. With the acquisition of these shares, IDV Technology Solutions Private Limited became the Subsidiary of the Company effective on 23.12.2015. Later, the Company sold 4,86,000 Equity Shares of Rs.10/- each aggregating 81% Equity Shares of IDV Technology Solutions Private Limited. Consequently, the Company held 19% stake in the said Company and thus IDV Technology Solutions Private Limited ceased to be subsidiary of the Company on 29.09.2016.
The Company was under Corporate Insolvency Resolution Process (CIRP) with effect from October 3, 2019 under the provisions of Insolvency and Bankruptcy Code, 2016 (IBC) by an Order passed by Hon'ble National Company Law Tribunal, Mumbai Bench (NCLT) and Mr. Neehal Mahamulal Pathan was appointed as an IRP and thereafter RP (Resolution Professional). The NCLT vide its order dated November 1, 2023 has approved the Resolution Plan submitted by M/s. Shivasons Solutions India Private Limited under Section 31 of the IBC, which has been implemented in phase wise manner and subsequent orders were passed by NCLT on June 25, 2024 and August 09, 2024 on Resolution Plan.
During the year 2023-24, there were no operations in the Company. However, the Board of Directors had decided to enter into Aviation Sector by entering into Simulator leasing business and approved the change in object clause of the Company and approved by the shareholders on October 1, 2024.
FAQs on Melstar Information Technologies Ltd
1. Can I buy Melstar Information Technologies Ltd from PL Capital? ›
Yes, you can invest in Melstar Information Technologies Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Melstar Information Technologies Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Melstar Information Technologies Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Melstar Information Technologies Ltd pay dividends? ›
Melstar Information Technologies Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Melstar Information Technologies Ltd ? ›
As of
07-Feb-2026 , the share price for Melstar Information Technologies Ltd. is ₹ on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Melstar Information Technologies Ltd ? ›
The 52-week high and low of Melstar Information Technologies Ltd share price is ₹ - ₹ as of
07-Feb-2026 , .
