Steel Strips Industries Limited

Investment company dealing in shares, stocks, and securities since 1981.

1981 | Chandigarh (India) | Active
Last Updated:

Steel Strips Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 43 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -17.33%
  • Profit Growth 48.60%
  • Ebitda 38.34%
  • Net Worth -1.47%
  • Total Assets 0.07%

About Steel Strips Industries

Steel Strips Industries Limited (SSIL) is a Public Limited Indian Non-Government Company incorporated in India on 25 November 1981 and has a history of 43 years and five months. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Munak Investment Consultants Pvt Ltd. The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 1.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Steel Strips Industries Limited India is Verinder Sood as CEO. Manohar Jain, Surinder Virdi, Verinder Sood, and One other member serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910CH1981PLC004731

  • Company No.

    004731

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Company report

Steel Strips Industries Limited

Explore comprehensive data for Steel Strips Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Steel Strips Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Verinder Sood Country flag representing In CEO01-Apr-2015Current

Board Members (4)

NameDesignationAppointment DateStatus
Manohar Jain Country flag representing In Director 28-Apr-1984Current
Surinder Virdi Country flag representing In Director 31-Mar-2015Current
Verinder Sood Country flag representing In Director and Ceo 09-Dec-2009Current
Manju Lakhanpal Country flag representing In Director 31-Mar-2015Current

Financial Performance of Steel Strips Industries.

Steel Strips Industries Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 17.33% decrease. The company also saw a substantial improvement in profitability, with a 48.6% increase in profit. The company's net worth dipped by a decrease of 1.47%.

Steel Strips Industries revenue growth over time
Steel Strips Industries 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
-17.33%
Revenue from Operations
Total Assets
0.07%
Profit or Loss
48.60%
Net Worth
-1.47%
EBITDA
38.34%

What is the Ownership and Shareholding Structure of Steel Strips Industries?

In 2020, Steel Strips Industries had a promoter holding of 75.58% and a public holding of 24.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Steel Strips Industries?

Unlock and access historical data on people associated with Steel Strips Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Steel Strips Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Steel Strips Industries, 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 Steel Strips Industries'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 Steel Strips Industries

Recent activity within the organization

  • Annual General Meeting

    Steel Strips Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Steel Strips Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Verinder Kumar Sood was appointed as a Ceo was appointed as a Ceo on 01 Apr 2015 & has been associated with this company since 10 years 1 month .

  • Director Appointment

    Surinder Singh Virdi was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 10 years 1 month .

  • Director Appointment

    Manju Lakhanpal was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 10 years 1 month .

  • Director Appointment

    Verinder Kumar Sood was appointed as a Director was appointed as a Director on 09 Dec 2009 & has been associated with this company since 15 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Steel Strips Industries Limited?

    Steel Strips Industries Limited was incorporated on 25 Nov 1981.

  • What is authorized share capital and paid-up capital of Steel Strips Industries Limited?

    The authorized share capital of Steel Strips Industries Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.01 Cr.

  • Who are the current board members & directors of Steel Strips Industries Limited?

    Currently 5 directors are associated with Steel Strips Industries Limited.

    • Manohar Lal Jain
    • Surinder Singh Virdi
    • Verinder Kumar Sood
    • Manju Lakhanpal
    • Verinder Kumar Sood
  • What is the registered address of Steel Strips Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Steel Strips Industries Limited is Sco 49 50Sector 26 India, U T, Chandigarh, 160019.

  • What is the corporate identification number (CIN) and company number of Steel Strips Industries Limited?

    The corporate identification number (CIN) of Steel Strips Industries Limited is U65910CH1981PLC004731 and the company number is 004731 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Steel Strips Industries Limited?

    The Official website of Steel Strips Industries Limited is https://www.glide.net.in

  • What has been the recent revenue trend for Steel Strips Industries Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Steel Strips Industries Limited has fallen by -17.33%.

  • What change has been observed in the net worth of Steel Strips Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Steel Strips Industries Limited has experienced an downturn of -1.47%.

  • When was the last Balance Sheet of Steel Strips Industries Limited filed with the ROC?

    The most recent Balance Sheet for Steel Strips Industries Limited was filed with the ROC on 31 Mar 2024.

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