Satpal Strips Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.87 M
- Company Age 17 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.40 M
- Satisfied Charges ₹ 24.09 Cr
- Revenue Growth -55.25%
- Profit Growth -29.43%
- Ebitda -25.33%
- Net Worth 7.05%
- Total Assets -40.67%
About Satpal Strips
Satpal Strips Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 2007 and has a history of 17 years and eight months. Its registered office is in Fatehgarh Sahib, Punjab, India.
The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 3.87 M.
The company currently has active open charges totaling ₹2.40 M. The company has closed loans amounting to ₹24.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chanchal Jain and Amit Jain serve as directors at the Company.
Company Details
- Location
Fatehgarh Sahib, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27107PB2007PTC031173
- Company No.
031173
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 May 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Satpal Strips?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chanchal Jain  | Director | 07-Nov-2017 | Current |
| Amit Jain | Director | 28-May-2007 | Current |
Financial Performance of Satpal Strips.
Satpal Strips Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.25% decrease. The company also saw a substantial fall in profitability, with a 29.43% decrease in profit. The company's net worth moved up by a moderate rise of 7.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Satpal Strips?
In 2023, Satpal 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.
Related Corporates (Common Directorship)
Satpal Metals Private LimitedChanchal Jain and Amit Jain are mutual person
Charges (Loans)
₹0.24 Cr
₹24.09 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 0.14 Cr
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2020 | Others | ₹1.00 M | Open |
| 03 Jan 2019 | Axis Bank Limited | ₹1.40 M | Open |
| 23 Mar 2022 | Axis Bank Limited | ₹8.60 M | Satisfied |
| 10 Feb 2022 | Axis Bank Limited | ₹4.30 M | Satisfied |
| 26 Oct 2020 | Axis Bank Limited | ₹7.95 M | Satisfied |
How Many Employees Work at Satpal Strips?
Satpal Strips has a workforce of 5 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Satpal 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 Satpal 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.
