Steel Strips Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.28 Cr
- Company Age 49 Year, 3 Months
- Last Filing with ROC 31 Mar 2020
- Satisfied Charges ₹ 104.93 Cr
- Revenue Growth -99.92%
- Profit Growth -147.12%
- Ebitda -67.51%
- Net Worth -657.60%
- Total Assets -55.62%
About Steel Strips
Steel Strips Ltd (SSL) is Amalgamated company established on 23 Dec 1975 with its office registered at Sangrur, Punjab, India and has been running since 49 Year, 3 Months with a paid up capital of 8.28 Cr. According to MCA records, 6 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.
Company Details
- Location
Sangrur, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L45202PB1975PLC003610
- Company No.
003610
- Stock Symbol
BSE : 504717
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Dec 1975
- Date of AGM
29 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
Automotive
What products or services does Steel Strips Ltd offer?
Steel Strips Ltd offers a wide range of products and services, including Tyre, Tube & Flaps, Wheel Rim.
Steel Strips Ltd
Explore comprehensive data for Steel Strips Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Steel Strips?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jyotsana Bajaj  | Company Secretary | 01-Oct-2018 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Garg | Whole-Time Director | 28-Nov-1994 | Current |
| Humesh Singhal | Director | 21-Feb-2000 | Current |
| Rajinder Garg | Director | 26-Dec-1975 | Current |
| Surinder Virdi | Director | 04-Mar-1982 | Current |
| Madan Chopra | Director | 28-Nov-1994 | Current |
| Manju Lakhanpal | Director | 14-Mar-2015 | Current |
Financial Performance of Steel Strips.
Steel Strips Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 99.92% decrease. The company also saw a substantial fall in profitability, with a 147.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 657.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Steel Strips?
In 2020, Steel Strips had a promoter holding of 33.43% and a public holding of 66.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sab Industries LimitedSanjay Garg, Rajinder Garg and 2 more are mutual person
Steel Strips Wheels LtdSanjay Garg and Rajinder Garg are mutual person
Winsome Textile Industries LimitedManju Lakhanpal is a mutual person
Indlon Chemicals LimitedSanjay Garg and Humesh Singhal are mutual person
- Indian Acrylics Limited
Rajinder Garg and Surinder Virdi are mutual person
Steel Strips Infrastructures LimitedSanjay Garg, Rajinder Garg and 2 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹104.93 Cr
Charges Breakdown by Lending Institutions
- State Bank Of Patiala : 53.00 Cr
- State Bank Of Patiala : 31.70 Cr
- Standard And Charterd Bank : 7.00 Cr
- Oriental Bank Of Commerce : 6.90 Cr
- Indian Bank : 2.50 Cr
- Others : 3.83 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 1999 | State Bank Of Patiala | ₹53.00 Cr | Satisfied |
| 16 Nov 1995 | Indian Bank | ₹2.50 Cr | Satisfied |
| 01 Nov 1995 | Oriental Bank Of Commerce | ₹6.90 Cr | Satisfied |
| 01 Feb 1991 | State Bank Of India | ₹1.83 Cr | Satisfied |
| 30 Jun 1990 | Standard And Charterd Bank | ₹7.00 Cr | Satisfied |
How Many Employees Work at Steel Strips?
Steel Strips has a workforce of 1 employees as of Apr 07, 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 Steel Strips, 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'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 Steel Strips
Recent activity within the organization
- Annual General Meeting
Steel Strips Ltd last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records.
- Balance Sheet
Steel Strips Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.
- Director Appointment
Jyotsana Bajaj was appointed as a Company Secretary was appointed as a Company Secretary on 01 Oct 2018 & has been associated with this company since 6 years 6 months .
- Director Appointment
Manju Lakhanpal was appointed as a Director was appointed as a Director on 14 Mar 2015 & has been associated with this company since 10 years 1 month .
- Charges
A charge registered on 22 Jun 1985 via Charge ID 90167942 with State Bank Of Patiala was fully satisfied on 05 Sep 2007.
- Charges
A charge registered on 30 Jun 1990 via Charge ID 90168364 with Standard And Charterd Bank was fully satisfied on 03 Sep 2007.
Frequently asked questions
What is the Incorporation or founding date of Steel Strips Ltd?
Steel Strips Ltd was incorporated on 23 Dec 1975.
What is authorized share capital and paid-up capital of Steel Strips Ltd?
The authorized share capital of Steel Strips Ltd is ₹ 10.00 Cr and paid-up capital is ₹ 8.28 Cr.
Who are the current board members & directors of Steel Strips Ltd?
Currently 7 directors are associated with Steel Strips Ltd.
- Sanjay Garg
- Rajinder Kumar Garg
- Surinder Singh Virdi
- Madan Mohan Chopra
- Humesh Kumar Singhal
- Manju Lakhanpal
- Jyotsana Bajaj
What is the registered address of Steel Strips Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Steel Strips Ltd is Village Harkishanpura Bhawanigarh Teh India, Sangrur, Punjab, 148026.
What is the corporate identification number (CIN) and company number of Steel Strips Ltd?
The corporate identification number (CIN) of Steel Strips Ltd is L45202PB1975PLC003610 and the company number is 003610 as per Ministry of Corporate Affairs (MCA).
Is Steel Strips Ltd registered with any stock exchange in India?
Yes, Steel Strips Ltd is registered on Bombay Stock Exchange (BSE).
What is the official website of Steel Strips Ltd?
The Official website of Steel Strips Ltd is https://www.sslindia.net
What has been the recent revenue trend for Steel Strips Ltd?
According to the financial reports for the fiscal year 2020, the revenue trend for Steel Strips Ltd has fallen by -99.92%.
How many employees does Steel Strips Ltd currently have?
As Per 2020 financial reports, 1 employees are currently employed by Steel Strips Ltd.
What change has been observed in the net worth of Steel Strips Ltd, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Steel Strips Ltd has experienced an downturn of -657.60%.
When was the last Balance Sheet of Steel Strips Ltd filed with the ROC?
The most recent Balance Sheet for Steel Strips Ltd was filed with the ROC on 31 Mar 2020.
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