A.C.Strips Private Limited

Manufacturer of TMT bars and mild steel ingots, serving clients in multiple states.

1995 | Raipur, Chattisgarh (India) | Active
Last Updated: June 18, 2024

A.C.Strips Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.96 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 14.50 Cr
  • Revenue Growth -99.66%
  • Profit Growth -816.30%
  • Ebitda -146.76%
  • Net Worth -4.45%
  • Total Assets -4.79%

About A.C.Strips

A.C.Strips Private Limited (APL) is a Private Limited Indian Non-Government Company incorporated in India on 16 August 1995 and has a history of 29 years and six months. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 1.96 Cr.

The company has closed loans amounting to ₹14.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vikram Surana, Shiv Singh, Virendra Surana, and One other member serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27107CT1995PTC009828

  • Company No.

    009828

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

Who are the key members and board of directors at A.C.Strips?

Board Members (4)

NameDesignationAppointment DateStatus
Vikram Surana Country flag representing In Director 15-Jan-2020Current
Shiv Singh Country flag representing In Whole-Time Director 28-Dec-2016Current
Virendra Surana Country flag representing In Director 16-Aug-1995Current
Dhiraj Surana Country flag representing In Director 16-Aug-1995Current

Financial Performance of A.C.Strips.

A.C.Strips Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.66% decrease. The company also saw a substantial fall in profitability, with a 816.3% decrease in profit. The company's net worth dipped by a decrease of 4.45%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-99.66%
Revenue from Operations
Total Assets
-4.79%
Profit or Loss
-816.30%
Net Worth
-4.45%
EBITDA
-146.76%

What is the Ownership and Shareholding Structure of A.C.Strips?

In 2023, A.C.Strips had a promoter holding of 91.83% and a public holding of 8.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹14.50 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 8.25 Cr
  • State Bank Of India : 6.25 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2014Idbi Bank Limited₹8.25 CrSatisfied
05 Jun 1996State Bank Of India₹6.25 CrSatisfied

How Many Employees Work at A.C.Strips?

Unlock and access historical data on people associated with A.C.Strips, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of A.C.Strips, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped A.C.Strips's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on A.C.Strips

Recent activity within the organization

  • Annual General Meeting

    A.C.Strips Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    A.C.Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Charges

    A charge registered on 17 Jan 2014 via Charge ID 10477292 with Idbi Bank Limited was fully satisfied on 28 Jan 2022.

    28 Jan 2022

  • Director Appointment

    Vikram Surana was appointed as a Director was appointed as a Director on 15 Jan 2020 & has been associated with this company since 5 years 1 month .

    15 Jan 2020

  • Director Appointment

    Shiv Bhagat Singh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Dec 2016 & has been associated with this company since 8 years 1 month .

    28 Dec 2016

  • Charges

    A charge with Idbi Bank Limited of Rs. 8.25 Cr registered on 17 Jan 2014 with Charge ID 10477292 was modified on 25 Feb 2014.

    25 Feb 2014

Frequently asked questions

  • A.C.Strips Private Limited was incorporated on 16 Aug 1995.

  • The authorized share capital of A.C.Strips Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.96 Cr.

  • Currently 4 directors are associated with A.C.Strips Private Limited.

    • Vikram Surana
    • Shiv Bhagat Singh
    • Virendra Kumar Surana
    • Dhiraj Kumar Surana
  • As per Ministry of Corporate Affairs (Mca), the registered address of A.C.Strips Private Limited is 20 New Cloth Market Pandri, Raipur, Chattisgarh, India, 492001.

  • The corporate identification number (CIN) of A.C.Strips Private Limited is U27107CT1995PTC009828 and the company number is 009828 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for A.C.Strips Private Limited has fallen by -99.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of A.C.Strips Private Limited has experienced an downturn of -4.45%.

  • The most recent Balance Sheet for A.C.Strips Private Limited was filed with the ROC on 31 Mar 2023.

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