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ActiveTamil NaduSince 1985

Salzer Electronics Limited

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Set up in 1985. It has pledged its assets against loans of up to ₹651.45 crore from 6 lenders.

CINL03210TZ1985PLC001535
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41 years at a glance

Loans against its assets, and when today's people joined

198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyState Industries Promotion Co. of Tamilnadu Ltd., up to ₹1 lakh, 25 Jun 1985 to 24 Dec 1993Canara Bank, up to ₹77.29 crore, 5 Jun 1986 to still openState Industries Promotion of Tamilnadu Limited, up to ₹83 lakh, 25 Jun 1991 to 24 Dec 1993Bank of India Limited, up to ₹24.33 crore, 25 Oct 1993 to 9 Oct 2014Anz Grindlays Bank PLC, up to ₹24.67 lakh, 21 Sept 1995 to still openIreda, up to ₹0, 24 Feb 1998 to 28 Apr 2006State Industries Promotion Corporation of Tamilnadu LTD, up to ₹0, 22 Jun 2000 to 31 May 2006Union Bank of India Limited, up to ₹13 crore, 6 Jun 2007 to 24 Aug 2023L & T Finance Limited, up to ₹7 crore, 27 Jun 2007 to 12 Apr 2013Union Bank of India Limited, up to ₹87.37 crore, 29 Nov 2007 to 14 Jul 2025Canara Bank, up to ₹15 lakh, 6 Mar 2008 to 1 Nov 2012Citi Bank N.A., up to ₹6 crore, 6 Aug 2009 to 25 Jan 2017Citi Bank N.A., up to ₹60 lakh, 26 Aug 2009 to 18 Dec 2012Citi Bank N.A., up to ₹49.5 crore, 13 Nov 2013 to 6 Oct 2020Citi Bank N.A., up to ₹1 crore, 16 May 2014 to 25 Jan 2017Citi Bank N.A., up to ₹5.5 crore, 27 May 2014 to 5 Jun 2020HDFC Bank Limited, up to ₹10 crore, 19 Oct 2016 to still openHDFC Bank Limited, up to ₹5 crore, 19 Oct 2016 to 25 Jul 2023Electronica Finance Limited, up to ₹1.18 crore, 17 Apr 2018 to 25 Jan 2020Axis Bank Limited, up to ₹47.3 crore, 26 Jul 2018 to 20 Aug 2020ICICI Bank Limited, up to ₹50 crore, 18 Feb 2019 to 18 Dec 2020HDFC Bank Limited, up to ₹9 crore, 12 Jul 2019 to still openIDFC First Bank Limited, up to ₹75 crore, 6 Feb 2020 to still openHDFC Bank Limited, up to ₹265 crore, 22 Jul 2020 to still openHDFC Bank Limited, up to ₹5 crore, 21 Dec 2021 to 25 Jul 2023HDFC Bank Limited, up to ₹3 crore, 29 Jan 2022 to 25 Jul 2023HDFC Bank Limited, up to ₹10 crore, 17 Jun 2023 to still openHDFC Bank Limited, up to ₹25 crore, 12 Dec 2023 to still openAxis Bank Limited, up to ₹95.66 crore, 27 Mar 2025 to still openHDFC Bank Limited, up to ₹24.25 crore, 23 Apr 2025 to still openICICI Bank Limited, up to ₹50 crore, 11 Jun 2026 to still openICICI Bank Limited, up to ₹10 crore, 16 Jun 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1985Registered as a company on 8 Jan 1985.
  • 2020Its biggest loan against assets, ₹265 crore with HDFC Bank Limited, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹651.45 crorein loans backed by its assets, from 6 lenders

  • HDFC Bank Limited₹343.25 crore

    6 open loans, taken out 2016 to 2025

  • Axis Bank Limited₹95.66 crore

    Open, taken out 27 Mar 2025

  • Canara Bank₹77.29 crore

    Open, taken out 5 Jun 1986

  • IDFC First Bank Limited₹75 crore

    Open, taken out 6 Feb 2020

  • ICICI Bank Limited₹60 crore

    2 open loans, taken out in 2026

  • Anz Grindlays Bank PLC₹24.67 lakh

    Open, taken out 21 Sept 1995

20 earlier loans, now paid off
  • HDFC Bank Limited29 Jan 2022 to 25 Jul 2023₹3 crore
  • HDFC Bank Limited21 Dec 2021 to 25 Jul 2023₹5 crore
  • ICICI Bank Limited18 Feb 2019 to 18 Dec 2020₹50 crore
  • Axis Bank Limited26 Jul 2018 to 20 Aug 2020₹47.3 crore
  • Electronica Finance Limited17 Apr 2018 to 25 Jan 2020₹1.18 crore
  • HDFC Bank Limited19 Oct 2016 to 25 Jul 2023₹5 crore
  • Citi Bank N.A.27 May 2014 to 5 Jun 2020₹5.5 crore
  • Citi Bank N.A.16 May 2014 to 25 Jan 2017₹1 crore
  • Citi Bank N.A.13 Nov 2013 to 6 Oct 2020₹49.5 crore
  • Citi Bank N.A.26 Aug 2009 to 18 Dec 2012₹60 lakh
  • Citi Bank N.A.6 Aug 2009 to 25 Jan 2017₹6 crore
  • Canara Bank6 Mar 2008 to 1 Nov 2012₹15 lakh
  • Union Bank of India Limited29 Nov 2007 to 14 Jul 2025₹87.37 crore
  • L & T Finance Limited27 Jun 2007 to 12 Apr 2013₹7 crore
  • Union Bank of India Limited6 Jun 2007 to 24 Aug 2023₹13 crore
  • State Industries Promotion Corporation of Tamilnadu LTD22 Jun 2000 to 31 May 2006₹0
  • Ireda24 Feb 1998 to 28 Apr 2006₹0
  • Bank of India Limited25 Oct 1993 to 9 Oct 2014₹24.33 crore
  • State Industries Promotion of Tamilnadu Limited25 Jun 1991 to 24 Dec 1993₹83 lakh
  • State Industries Promotion Co. of Tamilnadu Ltd.25 Jun 1985 to 24 Dec 1993₹1 lakh

What its filings add

Salzer Electronics files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

  • ChatGPT · Claude

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.