Karnataka Strips Limited
Manufactures iron, steel, ferromanganese, coke, and tin plate products, with registered office in Karnataka.
2000 | Bellary, Karnataka (India) | Under Liquidation
Karnataka Strips Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 22.88 Cr
- Company Age 24 Year, 10 Months
- Last Filing with ROC 31 Mar 2015
- Open Charges ₹ 89.85 Cr
- Revenue Growth -45.29%
- Profit Growth 4.18%
- Ebitda -577.70%
- Net Worth -35.24%
- Total Assets -26.17%
About Karnataka Strips
Karnataka Strips Limited (KSL) is Under Liquidation company established on 25 May 2000 with its office registered at Bellary, Karnataka, India and has been running since 24 Year, 10 Months with a paid up capital of 22.88 Cr. According to MCA records, 3 Directors are linked to this company as of 02 May 2024.
Company Details
- Location
Bellary, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA2000PLC027141
- Company No.
027141
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 May 2000
- Date of AGM
30 Sep 2015
- Date of Balance Sheet
31 Mar 2015
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
Karnataka Strips Limited
Explore comprehensive data for Karnataka Strips Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karnataka Strips?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajender Singhal  | Managing Director | 25-May-2000 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Devesh Agarwal | Director | 25-May-2000 | Current |
| Ganga Kumar | Director | 20-Sep-2004 | Current |
Financial Performance of Karnataka Strips.
Karnataka Strips Limited, for the financial year ended 2013, experienced significant reduction in revenue, with a 45.29% decrease. The company also saw a slight improvement in profitability, with a 4.18% increase in profit. The company's net worth observed a substantial decline by a decrease of 35.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karnataka Strips?
In 2015, Karnataka 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.
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Rajender Singhal and Ganga Kumar are mutual person
- Maha Shakti Metasteel Private Limited
Rajender Singhal is a mutual person
- S K Corporation (Intl) Limited
Ganga Kumar is a mutual person
- Charishma Overseas Limited
Ganga Kumar is a mutual person
- Dalwala Securities Limited
Ganga Kumar is a mutual person
Charges (Loans)
Open Charges
₹89.85 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 31.84 Cr
- Pridhvi Asset Reconstruction And Securitisation Company Limited : 31.50 Cr
- Ing Vysya Bank Limited : 11.50 Cr
- Hiren Chag : 9.68 Cr
- Ing Vysya Bank : 5.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2010 | Hiren Chag | ₹9.68 Cr | Open |
| 31 Mar 2009 | Others | ₹19.44 Cr | Open |
| 03 Jul 2007 | Others | ₹12.40 Cr | Open |
| 22 Dec 2005 | Pridhvi Asset Reconstruction And Securitisation Company Limited | ₹31.50 Cr | Open |
| 19 Jan 2005 | Ing Vysya Bank | ₹5.33 Cr | Open |
How Many Employees Work at Karnataka Strips?
Unlock and access historical data on people associated with Karnataka Strips, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karnataka 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 Karnataka Strips's trajectory.
Rating
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
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 Karnataka Strips
Recent activity within the organization
- Charges
A charge with Others of Rs. 19.44 Cr registered on 31 Mar 2009 with Charge ID 10158371 was modified on 30 Jun 2016.
- Charges
A charge with Others of Rs. 12.40 Cr registered on 03 Jul 2007 with Charge ID 10062164 was modified on 30 Jun 2016.
- Annual General Meeting
Karnataka Strips Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
- Charges
A charge with Pridhvi Asset Reconstruction And Securitisation Company Limited of Rs. 31.50 Cr registered on 22 Dec 2005 with Charge ID 80017171 was modified on 31 Mar 2015.
- Balance Sheet
Karnataka Strips Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Bangalore.
- Charges
A charge with Hiren Chag amounted to Rs. 9.68 Cr with Charge ID 10242453 was registered on 25 Jun 2010.
Frequently asked questions
What is the Incorporation or founding date of Karnataka Strips Limited?
Karnataka Strips Limited was incorporated on 25 May 2000.
What is authorized share capital and paid-up capital of Karnataka Strips Limited?
The authorized share capital of Karnataka Strips Limited is ₹ 35.00 Cr and paid-up capital is ₹ 22.88 Cr.
Who are the current board members & directors of Karnataka Strips Limited?
Currently 3 directors are associated with Karnataka Strips Limited.
- Rajender Kumar Singhal
- Devesh Mithanlal Agarwal
- Ganga Bale Rai Kumar
What is the registered address of Karnataka Strips Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Strips Limited is No 126 Mundaregi Villagemundargi Industrial Area, Bellary, Karnataka, India, 583101.
What is the corporate identification number (CIN) and company number of Karnataka Strips Limited?
The corporate identification number (CIN) of Karnataka Strips Limited is U85110KA2000PLC027141 and the company number is 027141 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Karnataka Strips Limited?
According to the financial reports for the fiscal year 2013, the revenue trend for Karnataka Strips Limited has fallen by -45.29%.
What change has been observed in the net worth of Karnataka Strips Limited, and by what percentage?
The financial reports for the fiscal year 2013 indicates that The net worth of Karnataka Strips Limited has experienced an downturn of -35.24%.
What are the total open charges for Karnataka Strips Limited?
As per the financial statements for fiscal Year 2013, The total open charges for Karnataka Strips Limited amount to ₹ 89.85 Cr.
When was the last Balance Sheet of Karnataka Strips Limited filed with the ROC?
The most recent Balance Sheet for Karnataka Strips Limited was filed with the ROC on 31 Mar 2015.
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