Standard Corporation India Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.51 Cr
- Company Age 26 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 35.60 Cr
- Satisfied Charges ₹ 5.25 Cr
- Revenue Growth -46.85%
- Profit Growth -50.90%
- Ebitda -81.49%
- Net Worth 4.50%
- Total Assets -13.04%
About Standard Corporation India
Standard Corporation India Limited (SCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 March 1999 and has a history of 26 years. Its registered office is in Barnala, Punjab, India.
The Corporate was formerly known as Standard Combines Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 13.51 Cr.
The company currently has active open charges totaling ₹35.60 Cr. The company has closed loans amounting to ₹5.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Standard Corporation India Limited India are Kanchan Bhatia as COMPANY SECRETARY and Darshan Singh as Cfo. Nachhatar Singh, Joginder Singh, Darshan Singh, and Three other members serve as directors at the Company.
Company Details
- Location
Barnala, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29211PB1999PLC022397
- Company No.
022397
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Mar 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Machinery and Equipment
What products or services does Standard Corporation India Limited offer?
Standard Corporation India Limited offers a wide range of products and services, including Lifting Hooks, Chains & Clamps, Crane Attachments, Tractor, Tractor Parts & Assemblies, Harvester, Irrigation and Harvesting Machines, Chaff and Straw Cutter, Cranes, Forklift & Lifting Machines, Hydraulic Crane.
Who are the key members and board of directors at Standard Corporation India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nachhatar Singh  | Managing Director | 26-Mar-1999 | Current |
| Kanchan Bhatia | Company Secretary | 01-Nov-2019 | Current |
| Darshan Singh | CFO | 31-Mar-2015 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Joginder Singh | Whole-Time Director | 26-Mar-1999 | Current |
| Darshan Singh | Director and Cfo | 25-Mar-2008 | Current |
| Karnail Singh | Director | 31-Mar-2015 | Current |
| Prabhjot Singh | Director | 05-Dec-2019 | Current |
| Parminder Singh | Director | 05-Dec-2019 | Current |
Financial Performance of Standard Corporation India.
Standard Corporation India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 46.85% decrease. The company also saw a substantial fall in profitability, with a 50.9% decrease in profit. The company's net worth moved up by a moderate rise of 4.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Standard Corporation India?
In 2023, Standard Corporation India had a promoter holding of 99.44% and a public holding of 0.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Asian Lakto Industries LimitedKanchan Bhatia is a mutual person
Standard Tractors LimitedNachhatar Singh, Joginder Singh and 1 more are mutual person
- Standard Vehicles Limited
Nachhatar Singh, Joginder Singh and 1 more are mutual person
- Standard Combine Private Limited
Nachhatar Singh and Joginder Singh are mutual person
- Standard Welfare Foundation
Nachhatar Singh, Joginder Singh and 2 more are mutual person
Charges (Loans)
Open Charges
₹35.60 Cr
Satisfied Charges
₹5.25 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 35.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2021 | State Bank Of India | ₹11.00 Cr | Open |
| 14 Dec 2012 | State Bank Of India | ₹2.00 M | Open |
| 24 Mar 2007 | State Bank Of India | ₹24.40 Cr | Open |
| 26 Sep 2007 | Sbi Factors & Commercial Services Pvt Ltd | ₹5.25 Cr | Satisfied |
How Many Employees Work at Standard Corporation India?
Standard Corporation India has a workforce of 342 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Standard Corporation 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 Standard Corporation India'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.
Latest Updates, News, and FAQs on Standard Corporation India
Recent activity within the organization
- Annual General Meeting
Standard Corporation India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Standard Corporation India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with State Bank Of India amounted to Rs. 11.00 Cr with Charge ID 100520429 was registered on 15 Dec 2021.
- Charges
A charge with State Bank Of India of Rs. 24.40 Cr registered on 24 Mar 2007 with Charge ID 10046707 was modified on 01 Jun 2020.
- Director Appointment
Prabhjot Singh was appointed as a Director was appointed as a Director on 05 Dec 2019 & has been associated with this company since 5 years 3 months .
- Director Appointment
Parminder Singh was appointed as a Director was appointed as a Director on 05 Dec 2019 & has been associated with this company since 5 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Standard Corporation India Limited?
Standard Corporation India Limited was incorporated on 26 Mar 1999.
What is authorized share capital and paid-up capital of Standard Corporation India Limited?
The authorized share capital of Standard Corporation India Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.51 Cr.
Who are the current board members & directors of Standard Corporation India Limited?
Currently 8 directors are associated with Standard Corporation India Limited.
- Nachhatar Singh
- Joginder Singh
- Darshan Singh
- Karnail Singh
- Prabhjot Singh
- Parminder Singh
- Kanchan Bhatia
- Darshan Singh
What is the registered address of Standard Corporation India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Standard Corporation India Limited is Handiaya Chowkbarnala India, Punjab, 148101.
What is the corporate identification number (CIN) and company number of Standard Corporation India Limited?
The corporate identification number (CIN) of Standard Corporation India Limited is U29211PB1999PLC022397 and the company number is 022397 as per Ministry of Corporate Affairs (MCA).
What is the official website of Standard Corporation India Limited?
The Official website of Standard Corporation India Limited is https://www.standardcorp.in
What has been the recent revenue trend for Standard Corporation India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Standard Corporation India Limited has fallen by -46.85%.
How many employees does Standard Corporation India Limited currently have?
As Per 2023 financial reports, 342 employees are currently employed by Standard Corporation India Limited.
What change has been observed in the net worth of Standard Corporation India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Standard Corporation India Limited has experienced an upsurge of 4.50%.
What are the total open charges for Standard Corporation India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Standard Corporation India Limited amount to ₹ 35.60 Cr.
When was the last Balance Sheet of Standard Corporation India Limited filed with the ROC?
The most recent Balance Sheet for Standard Corporation India Limited was filed with the ROC on 31 Mar 2024.
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