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Melstar Information Technologies MELSTAR.NS · INR

Information Technology · NSE · 🇮🇳 India

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421.16

+10.25%

Close of 9 Nov 2026, in INR

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About Melstar Information Technologies

Its shares trade on NSE under the ticker MELSTAR.NS. It has been listed since 17 January 2000. In the fiscal year to 31 March 2020, it reported revenue of ₹111.3m and a net loss of ₹46.5m. At that date it held total assets of ₹120.5m and shareholders' equity of −₹34.9m.

Melstar Information Technologies Ltd. is a software services company, which engages in provision of information technology solutions to banking, insurance, government, and information technology sectors. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2000-01-17. The firm is primarily engaged in software services and staffing. The firm offers its solutions to industries, including banking, insurance, government, education, healthcare and IT. Its services include application services, application development, application management, enterprise application services, business practices and technology practices. The firm's enterprise application services practice provides end-to-end packaged application services in the areas of enterprise resource planning (ERP). Its enterprise application services include consulting, implementation, application maintenance and support, upgrades and testing. The firm's business practices include testing, data engineering, applications modernization and transition services. The firm's technology practices include enterprise Web technologies and enterprise application integration.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Information Technology
Industry
IT Services
Listed since
17 Jan 2000
Website
melstar.com ↗

Leadership

Pay as last reported

  • Mr. Vineet ShahActing Chief Financial Officer, Managing Director
  • Ms. Meenakshi RamandasaniChief Compliance Officer, Company Secretary
  • Mr. Anant PathakManaging Director, Additional Director, since 2019
  • Mr. Tarun KashyapExecutive Director, since 2024
  • Raghini ChokshiAdditional Director
  • Mr. Richard D'SouzaDirector, since 2008₹4.5m
  • Ms. Soni KanojiaAdditional Director
  • Mr. Vijay MishraAdditional Director, since 2013
  • Mr. Suresh MitbaokarAdditional Director
  • Ms. Rasika RameshAdditional Director
  • Mr. Pritam DhanawadeNon-Executive Director
  • Mr. Durgesh JadhavNon-Executive Non-Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Melstar Information Technologies Ltd. provides ERP solutions for banking and government sectors.
  • Melstar offers application development and maintenance services across IT and healthcare industries.
  • Melstar's enterprise application services include consulting and implementation for ERP systems.

Weaknesses

  • Melstar's business is primarily focused on software services and staffing.
  • Melstar's services are limited to specific industries like banking and insurance.
  • Melstar has no mention of expansion plans or new market entries.

Opportunities

  • Melstar can expand its services to the education and healthcare sectors.
  • Melstar can leverage its ERP expertise in the government sector.
  • Melstar can grow its technology practices in enterprise Web technologies.

Threats

  • Melstar faces competition from other IT service providers in Mumbai.
  • Melstar's reliance on traditional software services may limit growth.
  • Melstar's business model does not address emerging technology trends.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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