Steel Strips Infrastructures Limited

Real estate, infrastructure projects, trading and agency business, and operates a shopping mall with 340+ shops and food court.

1973 | Patiala, Punjab (India) | Active
Last Updated:

Steel Strips Infrastructures Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 8.64 Cr
  • Company Age 52 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 25.29 Cr
  • Revenue Growth -10.89%
  • Profit Growth 11.36%
  • Ebitda 20.20%
  • Net Worth -49.40%
  • Total Assets -4.69%

About Steel Strips Infrastructures

Steel Strips Infrastructures Limited (SSIL) was founded in India on 23 February 1973 and has a glorious history of 52 years .Its registered office is in Patiala, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513173.

The Company is engaged in the Business 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 12.00 Cr and a paid-up capital of Rs 8.64 Cr.

The company has closed loans amounting to ₹25.29 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Steel Strips Infrastructures Limited India are Verinder Sood as CFO and Deepika Gupta as Company Secretary. Sanjay Garg, Rajinder Garg, Humesh Singhal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ssilindia.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109PB1973PLC003232

  • Company No.

    003232

  • Stock Symbol

    BSE : 513173

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Business Services
Real Estate and Construction
Infrastructure and Utilities

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjay Garg Country flag representing In Managing Director27-Jun-2001Current
Verinder Sood Country flag representing In CFO14-Mar-2015Current
Deepika Gupta Country flag representing In Company Secretary20-Nov-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Humesh Singhal Country flag representing In Director 21-Feb-2000Current
Rajinder Garg Country flag representing In Director 01-Aug-1985Current
Surinder Bansal Country flag representing In Director 30-May-2019Current
Virander Arya Country flag representing In Director 14-Oct-2024Current
Manju Lakhanpal Country flag representing In Director 14-Mar-2015Current

Financial Performance of Steel Strips Infrastructures.

Steel Strips Infrastructures Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.89% decrease. The company also saw a substantial improvement in profitability, with a 11.36% increase in profit. The company's net worth observed a substantial decline by a decrease of 49.4%.

Steel Strips Infrastructures revenue growth over time
Steel Strips Infrastructures 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
-10.89%
Revenue from Operations
0.39%
Total Assets
-4.69%
Profit or Loss
11.36%
Net Worth
-49.40%
EBITDA
20.20%

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

In 2023, Steel Strips Infrastructures had a promoter holding of 50.22% and a public holding of 49.78%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹25.29 Cr

Charges Breakdown by Lending Institutions

  • Housing & Urban Development Corporation Limited : 15.00 Cr
  • Allahabad Bank : 6.10 Cr
  • State Bank Of India : 4.19 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2016State Bank Of India₹4.19 CrSatisfied
27 Sep 2012Allahabad Bank₹6.10 CrSatisfied
08 Jun 2001Housing & Urban Development Corporation Limited₹15.00 CrSatisfied

How Many Employees Work at Steel Strips Infrastructures?

Steel Strips Infrastructures has a workforce of 3 employees as of Apr 01, 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.

Employee growth trends for Steel Strips Infrastructures Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Virander Kumar Arya was appointed as a Director was appointed as a Director on 14 Oct 2024 & has been associated with this company since 4 months 21 days .

  • Annual General Meeting

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

  • Charges

    A charge registered on 31 Mar 2016 via Charge ID 100021287 with State Bank Of India was fully satisfied on 13 Sep 2024.

  • Charges

    A charge with State Bank Of India of Rs. 4.19 Cr registered on 31 Mar 2016 with Charge ID 100021287 was modified on 06 Apr 2024.

  • Balance Sheet

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

  • Director Appointment

    Surinder Kumar Bansal was appointed as a Director was appointed as a Director on 30 May 2019 & has been associated with this company since 5 years 9 months .

Frequently asked questions

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

    Steel Strips Infrastructures Limited was incorporated on 23 Feb 1973.

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

    The authorized share capital of Steel Strips Infrastructures Limited is ₹ 12.00 Cr and paid-up capital is ₹ 8.64 Cr.

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

    Currently 8 directors are associated with Steel Strips Infrastructures Limited.

    • Sanjay Garg
    • Rajinder Kumar Garg
    • Humesh Kumar Singhal
    • Surinder Kumar Bansal
    • Virander Kumar Arya
    • Manju Lakhanpal
    • Verinder Kumar Sood
    • Deepika Gupta

  • What is the registered address of Steel Strips Infrastructures Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Steel Strips Infrastructures Limited is Village Somalheri/Lehli P.O. Dappar Teh., Distt. Mohali. India, Derabassi, Punjab, 140506.

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

    The corporate identification number (CIN) of Steel Strips Infrastructures Limited is L27109PB1973PLC003232 and the company number is 003232 as per Ministry of Corporate Affairs (MCA).

  • Is Steel Strips Infrastructures Limited registered with any stock exchange in India?

    Yes, Steel Strips Infrastructures Limited is registered on Bombay Stock Exchange (BSE).

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

    The Official website of Steel Strips Infrastructures Limited is https://www.ssilindia.net

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Steel Strips Infrastructures Limited has fallen by -10.89%.

  • How many employees does Steel Strips Infrastructures Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Steel Strips Infrastructures Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Steel Strips Infrastructures Limited has experienced an downturn of -49.40%.

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

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

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