Associated Strips Ltd.

Manufactures fabrication and machine components for automobile industry.

1971 | Faridabad, Haryana (India) | Active
Last Updated:

Associated Strips Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.53 M
  • Company Age 54 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.42 Cr
  • Revenue Growth -69.81%
  • Profit Growth -98.53%
  • Ebitda -60.53%
  • Net Worth 0.14%
  • Total Assets -23.13%

About Associated Strips

Associated Strips Ltd. (ASL) was founded in India on 11 March 1971 and has a glorious history of 54 years and two months.Its registered office is in Faridabad, Haryana, India.

The Corporate was formerly known as Associated Strips Pvt Ltd. The Company is engaged in the Automotive 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 5.00 M and a paid-up capital of Rs 4.53 M.

The company has closed loans amounting to ₹8.42 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Hari Gupta, Parmod Kumar, and Pallavi Goel serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899HR1971PLC047179

  • Company No.

    047179

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1971

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Company report

Associated Strips Ltd.

Explore comprehensive data for Associated Strips Ltd., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Associated Strips?

Board Members (3)

NameDesignationAppointment DateStatus
Hari Gupta Country flag representing In Director 16-Apr-2013Current
Parmod Kumar Country flag representing In Director 16-Apr-2013Current
Pallavi Goel Country flag representing In Director 08-Jun-2016Current

Financial Performance of Associated Strips.

Associated Strips Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 69.81% decrease. The company also saw a substantial fall in profitability, with a 98.53% decrease in profit. The company's net worth moved up by a moderate rise of 0.14%.

Associated Strips revenue growth over time
Associated Strips 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
-69.81%
Revenue from Operations
-69.85%
Total Assets
-23.13%
Profit or Loss
-98.53%
Net Worth
0.14%
EBITDA
-60.53%

What is the Ownership and Shareholding Structure of Associated Strips?

In 2023, Associated Strips had a promoter holding of 100.00%. 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

₹84.23 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.23 Cr
  • Canara Bank : 2.75 Cr
  • State Bank Of India : 1.44 Cr

Latest Charge Details

DateLenderAmountStatus
09 May 2018Hdfc Bank Limited₹4.23 CrSatisfied
20 Sep 2013Canara Bank₹2.75 CrSatisfied
04 Oct 2000State Bank Of India₹0.60 MSatisfied
24 Aug 1999State Bank Of India₹1.38 CrSatisfied

How Many Employees Work at Associated Strips?

Associated Strips has a workforce of 2 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Associated Strips Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Associated 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 Associated 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 Associated Strips

Recent activity within the organization

  • Annual General Meeting

    Associated Strips Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Associated Strips Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge registered on 09 May 2018 via Charge ID 100178535 with Hdfc Bank Limited was fully satisfied on 11 Nov 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 42.33 M registered on 09 May 2018 with Charge ID 100178535 was modified on 28 May 2022.

  • Charges

    A charge registered on 20 Sep 2013 via Charge ID 10460005 with Canara Bank was fully satisfied on 23 May 2018.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 42.33 M with Charge ID 100178535 was registered on 09 May 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Associated Strips Ltd.?

    Associated Strips Ltd. was incorporated on 11 Mar 1971.

  • What is authorized share capital and paid-up capital of Associated Strips Ltd.?

    The authorized share capital of Associated Strips Ltd. is ₹ 5.00 M and paid-up capital is ₹ 4.53 M.

  • Who are the current board members & directors of Associated Strips Ltd.?

    Currently 3 directors are associated with Associated Strips Ltd..

    • Hari Kishan Gupta
    • Parmod Gupta Kumar
    • Pallavi Goel

  • What is the registered address of Associated Strips Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Associated Strips Ltd. is Plot No 81, Sector-6 India, Faridabad, Haryana, 121006.

  • What is the corporate identification number (CIN) and company number of Associated Strips Ltd.?

    The corporate identification number (CIN) of Associated Strips Ltd. is U74899HR1971PLC047179 and the company number is 047179 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Associated Strips Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Associated Strips Ltd. has fallen by -69.81%.

  • How many employees does Associated Strips Ltd. currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Associated Strips Ltd..

  • What change has been observed in the net worth of Associated Strips Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Associated Strips Ltd. has experienced an upsurge of 0.14%.

  • When was the last Balance Sheet of Associated Strips Ltd. filed with the ROC?

    The most recent Balance Sheet for Associated Strips Ltd. was filed with the ROC on 31 Mar 2023.

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