Steel Strips Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.28 Cr
- Company Age 49 Year, 2 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
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
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.
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 3 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 Madan Chopra are mutual person
Steel Strips Infrastructures LimitedSanjay Garg, Rajinder Garg and 2 more are mutual person
Charges (Loans)
₹0
₹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.
