Standard Strips India Limited

Supplier of galvanized steel products from top steel companies, established in 2004.

2004 | Delhi, Delhi (India) | Active
Last Updated: June 16, 2024

Standard Strips India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.12 Cr
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 94.17 Cr
  • Satisfied Charges ₹ 147.10 Cr
  • Revenue Growth 34.74%
  • Profit Growth 39.03%
  • Ebitda 15.13%
  • Net Worth 8.20%
  • Total Assets 7.71%

About Standard Strips India

Standard Strips India Limited (SSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 November 2004 and has a history of 20 years and two months. Its registered office is in Delhi, Delhi, India.

The Corporate was formerly known as Standard Strips India Private Limited. 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 10.00 Cr and a paid-up capital of Rs 3.12 Cr.

The company currently has active open charges totaling ₹94.17 Cr. The company has closed loans amounting to ₹147.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Standard Strips India Limited India is Geeta Singh as COMPANY SECRETARY. Radhey Shyam, Pooja Chopra, Satyadev, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27106DL2004PLC130785

  • Company No.

    130785

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

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

Executive Team (1)

Name Designation Appointment Date Status
Geeta Singh Country flag representing In Company Secretary 02-Nov-2018 Current

Board Members (5)

Name Designation Appointment Date Status
Radhey Shyam Country flag representing In Director 06-Jan-2023 Current
Pooja Chopra Country flag representing In Director 14-Nov-2020 Current
Satyadev Country flag representing In Director 02-Nov-2018 Current
Anil Mendiratta Country flag representing In Director 25-Nov-2004 Current
Sunil Mendiratta Country flag representing In Director 25-Nov-2004 Current

Financial Performance of Standard Strips India.

Standard Strips India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.74% increase. The company also saw a substantial improvement in profitability, with a 39.03% increase in profit. The company's net worth moved up by a moderate rise of 8.2%.

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
34.74%
Revenue from Operations
34.44%
Total Assets
7.71%
Profit or Loss
39.03%
Net Worth
8.20%
EBITDA
15.13%

What is the Ownership and Shareholding Structure of Standard Strips India?

In 2023, Standard Strips India had a promoter holding of 79.44% and a public holding of 20.56%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹94.17 Cr

Satisfied Charges

₹147.10 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 42.74 Cr
  • Yes Bank Limited : 25.00 Cr
  • Tata Capital Financial Services Limited : 15.00 Cr
  • Others : 10.23 Cr
  • Axis Bank Limited : 1.14 Cr
  • Others : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
17 Feb 2024 Others ₹2.09 Cr Open
20 Jun 2023 Others ₹7.50 Cr Open
11 Jan 2023 Standard Chartered Bank ₹7.50 M Open
25 May 2022 Yes Bank Limited ₹25.00 Cr Open
09 Jun 2021 Standard Chartered Bank ₹8.74 Cr Open

How Many Employees Work at Standard Strips India?

Standard Strips India has a workforce of 23 employees as of Apr 02, 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 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 Standard 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 Standard Strips India

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.09 Cr with Charge ID 100888141 was registered on 17 Feb 2024.

    17 Feb 2024

  • Charges

    A charge with Standard Chartered Bank of Rs. 0.75 Cr registered on 11 Jan 2023 with Charge ID 100667085 was modified on 14 Feb 2024.

    14 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100735548 was registered on 20 Jun 2023.

    20 Jun 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 8.74 Cr registered on 09 Jun 2021 with Charge ID 100467132 was modified on 01 Jun 2023.

    01 Jun 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 33.25 Cr registered on 30 Mar 2021 with Charge ID 100431639 was modified on 01 Jun 2023.

    01 Jun 2023

Frequently asked questions

  • Standard Strips India Limited was incorporated on 25 Nov 2004.

  • The authorized share capital of Standard Strips India Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.12 Cr.

  • Currently 6 directors are associated with Standard Strips India Limited.

    • Radhey Shyam
    • Pooja Chopra
    • Geeta Singh
    • Satyadev
    • Anil Raj Mendiratta
    • Sunil Mendiratta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Standard Strips India Limited is House No. 256 Ground Floor Blk-Y Loha Mandi Naraina Industrial Ar, Ea, Delhi, India, 110028.

  • The corporate identification number (CIN) of Standard Strips India Limited is U27106DL2004PLC130785 and the company number is 130785 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Standard Strips India Limited is https://www.standardstripsindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Standard Strips India Limited has risen by 34.74%.

  • As Per 2023 financial reports, 23 employees are currently employed by Standard Strips India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Standard Strips India Limited has experienced an upsurge of 8.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Standard Strips India Limited amount to ₹ 94.17 Cr.

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

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