Silver Strips (India) Private Limited

Manufactures and trades cutting blades, hand tools, steel strips, and hardware.

2010 | Sonipat, Haryana (India) | Active
Last Updated: October 24, 2024

Silver Strips (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 9 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.06 Cr
  • Revenue Growth 5.72%
  • Profit Growth -42.29%
  • Ebitda -4.52%
  • Net Worth 41.30%
  • Total Assets -1.81%

About Silver Strips (India)

Silver Strips (India) Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 2010 and has a history of 15 years. Its registered office is in Sonipat, Haryana, India.

The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.06 Cr.

Sanchit Gupta, Ritu Agarwal, Karishma Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    Sonipat, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29253HR2010PTC040028

  • Company No.

    040028

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Silver Strips (India) Private Limited offer?

Silver Strips (India) Private Limited offers a wide range of products and services, including Saw Blades & Grinding Wheels, Cutting & Saw Blades, Hacksaw, Planer & Jigsaw Blades, Steel & Stainless Steel Products, Steel Strips, Saws, Chainsaws and Saw Blades, Hand Saws, Tower Bolts, Stainless Steel Tower Bolt.

Who are the key members and board of directors at Silver Strips (India)?

Board Members (4)

Name Designation Appointment Date Status
Karishma Gupta Country flag representing In Director 16-Oct-2015 Current
Sanchit Gupta Country flag representing In Director 29-Jan-2010 Current
Ritu Agarwal Country flag representing In Director 08-Oct-2015 Current
Sanjeev Gupta Country flag representing In Director 20-May-2024 Current

Financial Performance of Silver Strips (India).

Silver Strips (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.72% increase. The company also saw a substantial fall in profitability, with a 42.29% decrease in profit. The company's net worth Soared by an impressive increase of 41.3%.

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
5.72%
Revenue from Operations
5.61%
Total Assets
-1.81%
Profit or Loss
-42.29%
Net Worth
41.30%
EBITDA
-4.52%

What is the Ownership and Shareholding Structure of Silver Strips (India)?

In 2023, Silver Strips (India) had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.61 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.38 Cr
  • Kotak Mahindra Bank Limited : 0.50 Cr
  • Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

Date Lender Amount Status
19 Apr 2024 Others ₹3.38 Cr Open
31 Oct 2023 Hdfc Bank Limited ₹1.81 M Open
02 Mar 2012 Kotak Mahindra Bank Limited ₹5.00 M Open

How Many Employees Work at Silver Strips (India)?

Silver Strips (India) has a workforce of 5 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 Silver Strips (India), 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 Silver Strips (India)'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 Silver Strips (India)

Recent activity within the organization

  • Director Appointment

    Sanjeev Kumar Gupta was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 8 months 19 days .

    20 May 2024

  • Charges

    A charge with Others amounted to Rs. 33.80 M with Charge ID 100903944 was registered on 19 Apr 2024.

    19 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.81 M with Charge ID 100833022 was registered on 31 Oct 2023.

    31 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Silver Strips (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Karishma Gupta was appointed as a Director was appointed as a Director on 16 Oct 2015 & has been associated with this company since 9 years 3 months .

    16 Oct 2015

Frequently asked questions

  • Silver Strips (India) Private Limited was incorporated on 29 Jan 2010.

  • The authorized share capital of Silver Strips (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Silver Strips (India) Private Limited.

    • Sanchit Gupta
    • Ritu Agarwal
    • Karishma Gupta
    • Sanjeev Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silver Strips (India) Private Limited is 22/9-1-1 Nathupur India, Sonepat, Haryana, 131029.

  • The corporate identification number (CIN) of Silver Strips (India) Private Limited is U29253HR2010PTC040028 and the company number is 040028 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Silver Strips (India) Private Limited is https://www.silverstripsindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Silver Strips (India) Private Limited has risen by 5.72%.

  • As Per 2023 financial reports, 5 employees are currently employed by Silver Strips (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Silver Strips (India) Private Limited has experienced an upsurge of 41.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Silver Strips (India) Private Limited amount to ₹ 4.06 Cr.

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

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