Northern Strips Private Limited

Wholesale trading of chemical products since 1992, based in Delhi.

1992 | Delhi (India) | Active
Last Updated:

Northern Strips Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.95 M
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 94.00 Cr
  • Satisfied Charges ₹ 71.55 Cr
  • Revenue Growth -97.01%
  • Profit Growth 286.37%
  • Ebitda -101.17%
  • Net Worth 14.71%
  • Total Assets -0.77%

About Northern Strips

Northern Strips Private Limited (NSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 April 1992 and has a history of 32 years and ten months. Its registered office is in Delhi, India.

The Corporate was formerly known as Northern Strips Limited. The Company is engaged in the Home & Lifestyle 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 1.00 Cr and a paid-up capital of Rs 4.95 M.

The company currently has active open charges totaling ₹94.00 Cr. The company has closed loans amounting to ₹71.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Praveen Bansal and Sushil Gupta serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27105DL1992PTC048409

  • Company No.

    048409

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Home & Lifestyle

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

Board Members (2)

NameDesignationAppointment DateStatus
Praveen Bansal Country flag representing In Director 05-Apr-1997Current
Sushil Gupta Country flag representing In Director 18-Aug-2017Current

Financial Performance of Northern Strips.

Northern Strips Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 97.01% decrease. The company also saw a substantial improvement in profitability, with a 286.37% increase in profit. The company's net worth Soared by an impressive increase of 14.71%.

Northern Strips revenue growth over time
Northern 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
-97.01%
Revenue from Operations
-98.24%
Total Assets
-0.77%
Profit or Loss
286.37%
Net Worth
14.71%
EBITDA
-101.17%

What is the Ownership and Shareholding Structure of Northern Strips?

In 2023, Northern Strips had a promoter holding of 99.98% and a public holding of 0.02%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹94.00 Cr

Satisfied Charges

₹71.55 Cr

Charges Breakdown by Lending Institutions

  • Others : 94.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jul 2024Others₹49.00 CrOpen
24 Jul 2024Others₹45.00 CrOpen
18 Jun 2021The Hongkong And Shanghai Banking Corporation Limited₹26.50 CrSatisfied
30 Mar 2021Karnataka Bank Ltd.₹2.40 CrSatisfied
19 Jul 2017Hdfc Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Northern Strips?

Northern Strips has a workforce of 0 employees as of Mar 22, 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 Northern Strips Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 18 Jun 2021 via Charge ID 100475584 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 01 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 49.00 Cr with Charge ID 100961861 was registered on 24 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100962512 was registered on 24 Jul 2024.

  • Charges

    A charge registered on 30 Mar 2021 via Charge ID 100438385 with Karnataka Bank Ltd. was fully satisfied on 11 Jul 2024.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 26.50 Cr registered on 18 Jun 2021 with Charge ID 100475584 was modified on 16 Dec 2023.

  • Annual General Meeting

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

Frequently asked questions

  • What is the Incorporation or founding date of Northern Strips Private Limited?

    Northern Strips Private Limited was incorporated on 21 Apr 1992.

  • What is authorized share capital and paid-up capital of Northern Strips Private Limited?

    The authorized share capital of Northern Strips Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.95 M.

  • Who are the current board members & directors of Northern Strips Private Limited?

    Currently 2 directors are associated with Northern Strips Private Limited.

    • Praveen Bansal
    • Sushil Gupta

  • What is the registered address of Northern Strips Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Northern Strips Private Limited is 1 Central Market West Punjabi Bagh, India, New Delhi, 110026.

  • What is the corporate identification number (CIN) and company number of Northern Strips Private Limited?

    The corporate identification number (CIN) of Northern Strips Private Limited is U27105DL1992PTC048409 and the company number is 048409 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Northern Strips Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Northern Strips Private Limited has fallen by -97.01%.

  • What change has been observed in the net worth of Northern Strips Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Northern Strips Private Limited has experienced an upsurge of 14.71%.

  • What are the total open charges for Northern Strips Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Northern Strips Private Limited amount to ₹ 94.00 Cr.

  • When was the last Balance Sheet of Northern Strips Private Limited filed with the ROC?

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

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