Royal Strips Private Limited

Manufactures rolling mills and steel plants for various processes.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Royal Strips Profile

Key Indicators

  • Authorised Capital ₹ 1.45 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.00 Cr
  • Satisfied Charges ₹ 20.45 Cr
  • Revenue Growth 19.63%
  • Profit Growth -19.20%
  • Ebitda -35.88%
  • Net Worth 15.10%
  • Total Assets 2.17%

About Royal Strips

Royal Strips Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 July 2007 and has a history of 17 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 1.45 Cr and a paid-up capital of Rs 1.40 Cr.

The company currently has active open charges totaling ₹9.00 Cr. The company has closed loans amounting to ₹20.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dungershi Vikmani, Manilal Haria, Mahendra Haria, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH2007PTC172384

  • Company No.

    172384

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (5)

Name Designation Appointment Date Status
Dungershi Vikmani Country flag representing In Director 16-Jul-2007 Current
Manilal Haria Country flag representing In Director 21-Mar-2015 Current
Mahendra Haria Country flag representing In Director 16-Jul-2007 Current
Hemang Haria Country flag representing In Director 06-Jan-2014 Current
Mayank Haria Country flag representing In Director 06-Jan-2014 Current

Financial Performance of Royal Strips.

Royal Strips Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.63% increase. The company also saw a substantial fall in profitability, with a 19.2% decrease in profit. The company's net worth Soared by an impressive increase of 15.1%.

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
19.63%
Revenue from Operations
18.09%
Total Assets
2.17%
Profit or Loss
-19.20%
Net Worth
15.10%
EBITDA
-35.88%

What is the Ownership and Shareholding Structure of Royal Strips?

In 2023, Royal 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

₹9.00 Cr

Satisfied Charges

₹20.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2015 Others ₹9.00 Cr Open
12 Apr 2010 The Saraswat Co-Operative Bank Limited ₹9.00 Cr Satisfied
30 Mar 2010 The Saraswat Co-Op. Bank Ltd. ₹2.45 Cr Satisfied
30 Mar 2010 The Saraswat Co-Operative Bank Limited ₹9.00 Cr Satisfied

How Many Employees Work at Royal Strips?

Royal Strips has a workforce of 142 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Royal 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

    Royal Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 9.00 Cr registered on 21 Nov 2015 with Charge ID 10614496 was modified on 25 Feb 2016.

    25 Feb 2016

  • Charges

    A charge registered on 12 Apr 2010 via Charge ID 10221737 with The Saraswat Co-Operative Bank Limited was fully satisfied on 09 Feb 2016.

    09 Feb 2016

  • Charges

    A charge registered on 30 Mar 2010 via Charge ID 10221746 with The Saraswat Co-Operative Bank Limited was fully satisfied on 09 Feb 2016.

    09 Feb 2016

  • Charges

    A charge with Others amounted to Rs. 9.00 Cr with Charge ID 10614496 was registered on 21 Nov 2015.

    21 Nov 2015

Frequently asked questions

  • Royal Strips Private Limited was incorporated on 16 Jul 2007.

  • The authorized share capital of Royal Strips Private Limited is ₹ 1.45 Cr and paid-up capital is ₹ 1.40 Cr.

  • Currently 5 directors are associated with Royal Strips Private Limited.

    • Dungershi Tokarshi Vikmani
    • Manilal Asoobhai Haria
    • Mahendra Asoobhai Haria
    • Hemang Mahendra Haria
    • Mayank Manilal Haria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Royal Strips Private Limited is 120 1St Floor Gala Complex Premises Bldg. Industrial Estate Pt. Dindayal Upadhyay A Marg, India, Mulund West, Maharashtra, 400080.

  • The corporate identification number (CIN) of Royal Strips Private Limited is U27100MH2007PTC172384 and the company number is 172384 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Royal Strips Private Limited has risen by 19.63%.

  • As Per 2023 financial reports, 142 employees are currently employed by Royal Strips Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Royal Strips Private Limited has experienced an upsurge of 15.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Royal Strips Private Limited amount to ₹ 9.00 Cr.

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

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