Renny Strips Private Limited

Manufactures and trades mild-steel wire rods and related products with a production capacity of 25,000 MTPA.

1996 | Ludhiana, Punjab (India) | Active
Last Updated:

Renny Strips Profile

Key Indicators

  • Authorised Capital ₹ 2.90 Cr
  • Paid Up Capital ₹ 2.84 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 245.98 Cr
  • Satisfied Charges ₹ 84.53 Cr
  • Revenue Growth 72.43%
  • Profit Growth 24.98%
  • Ebitda 63.74%
  • Net Worth 31.02%
  • Total Assets 49.39%

About Renny Strips

Renny Strips Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 March 1996 and has a history of 28 years and 11 months. Its registered office is in Ludhiana, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.90 Cr and a paid-up capital of Rs 2.84 Cr.

The company currently has active open charges totaling ₹245.98 Cr. The company has closed loans amounting to ₹84.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Binny Gupta, Chetna Gupta, Shubham Aggarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rennystrips.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100PB1996PTC017827

  • Company No.

    017827

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

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

Board Members (4)

NameDesignationAppointment DateStatus
Binny Gupta Country flag representing In Director 31-Dec-2005Current
Chetna Gupta Country flag representing In Director 04-May-2015Current
Shubham Aggarwal Country flag representing In Director 21-Mar-2024Current
Munish Kumar Country flag representing In Director 21-Mar-2024Current

Financial Performance of Renny Strips.

Renny Strips Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.43% increase. The company also saw a substantial improvement in profitability, with a 24.98% increase in profit. The company's net worth Soared by an impressive increase of 31.02%.

Renny Strips revenue growth over time
Renny 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
72.43%
Revenue from Operations
72.43%
Total Assets
49.39%
Profit or Loss
24.98%
Net Worth
31.02%
EBITDA
63.74%

What is the Ownership and Shareholding Structure of Renny Strips?

In 2023, Renny Strips had a promoter holding of 92.18% and a public holding of 7.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹245.98 Cr

Satisfied Charges

₹84.53 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 127.30 Cr
  • State Bank Of India : 93.68 Cr
  • Axis Bank Limited : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2024Hdfc Bank Limited₹3.04 MOpen
26 Jun 2024Axis Bank Limited₹25.00 CrOpen
31 May 2024Hdfc Bank Limited₹1.38 MOpen
06 Apr 2024Hdfc Bank Limited₹3.50 MOpen
24 Aug 2023Hdfc Bank Limited₹1.23 CrOpen

How Many Employees Work at Renny Strips?

Renny Strips has a workforce of 15 employees as of Apr 05, 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 Renny Strips Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Renny Strips Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 05 Apr 2024 via Charge ID 100902624 with Others was fully satisfied on 02 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100975930 was registered on 31 Jul 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100953797 was registered on 26 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100950242 was registered on 31 May 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 124.98 Cr registered on 29 Aug 2015 with Charge ID 10596825 was modified on 04 May 2024.

Frequently asked questions

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

    Renny Strips Private Limited was incorporated on 11 Mar 1996.

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

    The authorized share capital of Renny Strips Private Limited is ₹ 2.90 Cr and paid-up capital is ₹ 2.84 Cr.

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

    Currently 4 directors are associated with Renny Strips Private Limited.

    • Binny Gupta
    • Chetna Gupta
    • Shubham Aggarwal
    • Munish Kumar

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Renny Strips Private Limited is 1007Chowk Dholewal Ludhiana India, Punjab, 141003.

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

    The corporate identification number (CIN) of Renny Strips Private Limited is U27100PB1996PTC017827 and the company number is 017827 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Renny Strips Private Limited?

    The Official website of Renny Strips Private Limited is https://www.rennystrips.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Renny Strips Private Limited has risen by 72.43%.

  • How many employees does Renny Strips Private Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Renny Strips Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Renny Strips Private Limited has experienced an upsurge of 31.02%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Renny Strips Private Limited amount to ₹ 245.98 Cr.

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

    The most recent Balance Sheet for Renny Strips Private Limited was filed with the ROC on 31 Mar 2024.

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