Standard Corporation India Limited

Manufacturer of agricultural equipment such as harvesters, tractors, and cranes.

1999 | Barnala, Punjab (India) | Active
Last Updated: November 16, 2024

Standard Corporation India Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 13.51 Cr
  • Company Age 25 Year, 11 Months
  • 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 25 years and 11 months. 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

    standardcorp.in

  • 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)

NameDesignationAppointment DateStatus
Nachhatar Singh Country flag representing In Managing Director26-Mar-1999Current
Kanchan Bhatia Country flag representing In Company Secretary01-Nov-2019Current
Darshan Singh Country flag representing In CFO31-Mar-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Joginder Singh Country flag representing In Whole-Time Director 26-Mar-1999Current
Darshan Singh Country flag representing In Director and Cfo 25-Mar-2008Current
Karnail Singh Country flag representing In Director 31-Mar-2015Current
Prabhjot Singh Country flag representing In Director 05-Dec-2019Current
Parminder Singh Country flag representing In Director 05-Dec-2019Current

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%.

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
-46.85%
Revenue from Operations
-49.14%
Total Assets
-13.04%
Profit or Loss
-50.90%
Net Worth
4.50%
EBITDA
-81.49%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
15 Dec 2021State Bank Of India₹11.00 CrOpen
14 Dec 2012State Bank Of India₹2.00 MOpen
24 Mar 2007State Bank Of India₹24.40 CrOpen
26 Sep 2007Sbi Factors & Commercial Services Pvt Ltd₹5.25 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Standard Corporation India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 11.00 Cr with Charge ID 100520429 was registered on 15 Dec 2021.

    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.

    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 2 months .

    05 Dec 2019

  • 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 2 months .

    05 Dec 2019

Frequently asked questions

  • Standard Corporation India Limited was incorporated on 26 Mar 1999.

  • The authorized share capital of Standard Corporation India Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.51 Cr.

  • 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
  • As per Ministry of Corporate Affairs (Mca), the registered address of Standard Corporation India Limited is Handiaya Chowkbarnala India, Punjab, 148101.

  • 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).

  • The Official website of Standard Corporation India Limited is https://www.standardcorp.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Standard Corporation India Limited has fallen by -46.85%.

  • As Per 2023 financial reports, 342 employees are currently employed by Standard Corporation India Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Standard Corporation India Limited amount to ₹ 35.60 Cr.

  • The most recent Balance Sheet for Standard Corporation India Limited was filed with the ROC on 31 Mar 2024.

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