Stelco Strips Ltd

Produces cold rolled steel strips for various industries.

1988 | Ludhiana, Punjab (India) | Active
Last Updated:

Stelco Strips Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 8.98 Cr
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 319.64 Cr
  • Revenue Growth %
  • Profit Growth 84.68%
  • Ebitda 17.44%
  • Net Worth -0.02%
  • Total Assets -0.00%

About Stelco Strips

Stelco Strips Ltd (SSL) is a Public Limited Indian Non-Government Company incorporated in India on 20 January 1988 and has a history of 37 years and three months. Its registered office is in Ludhiana, Punjab, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 8.98 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹319.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajay Singh, Pawan Singla, and Bharat Jindal serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27105PB1988PLC007921

  • Company No.

    007921

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals
Company report

Stelco Strips Ltd

Explore comprehensive data for Stelco Strips Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Bharat Jindal Country flag representing In Managing Director01-Sep-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Ajay Singh Country flag representing In Director 30-Mar-2019Current
Pawan Singla Country flag representing In Director 09-Sep-2023Current

Financial Performance of Stelco Strips.

Stelco Strips Ltd, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 84.68% increase in profit. The company's net worth dipped by a decrease of 0.02%.

Stelco Strips revenue growth over time
Stelco Strips 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
Revenue from Operations
Total Assets
-0.00%
Profit or Loss
84.68%
Net Worth
-0.02%
EBITDA
17.44%

What is the Ownership and Shareholding Structure of Stelco Strips?

In 2021, Stelco Strips had a promoter holding of 45.80% and a public holding of 54.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹319.64 Cr

Charges Breakdown by Lending Institutions

  • The Saraswat Co-Operative Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jan 2010The Saraswat Co-Operative Bank Limited₹15.00 CrOpen
02 Feb 2010Idbi Bank Limited₹5.00 CrSatisfied
02 Feb 2010Idbi Bank Limited₹5.00 CrSatisfied
28 Mar 2008State Bank Of Patiala₹5.00 CrSatisfied
31 Dec 2007Punjab & Sind Bank₹10.00 CrSatisfied

How Many Employees Work at Stelco Strips?

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

Employee growth trends for Stelco Strips Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Stelco 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 Stelco Strips'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 Stelco Strips

Recent activity within the organization

  • Charges

    A charge registered on 02 Feb 2010 via Charge ID 10200741 with Idbi Bank Limited was fully satisfied on 07 Nov 2024.

  • Charges

    A charge registered on 02 Feb 2010 via Charge ID 10200742 with Idbi Bank Limited was fully satisfied on 07 Nov 2024.

  • Annual General Meeting

    Stelco Strips Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Stelco Strips Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Pawan Kumar Singla was appointed as a Director was appointed as a Director on 09 Sep 2023 & has been associated with this company since 1 year 8 months .

  • Director Appointment

    Ajay Singh was appointed as a Director was appointed as a Director on 30 Mar 2019 & has been associated with this company since 6 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Stelco Strips Ltd?

    Stelco Strips Ltd was incorporated on 20 Jan 1988.

  • What is authorized share capital and paid-up capital of Stelco Strips Ltd?

    The authorized share capital of Stelco Strips Ltd is ₹ 15.00 Cr and paid-up capital is ₹ 8.98 Cr.

  • Who are the current board members & directors of Stelco Strips Ltd?

    Currently 3 directors are associated with Stelco Strips Ltd.

    • Ajay Singh
    • Pawan Kumar Singla
    • Bharat Bhushan Jindal

  • What is the registered address of Stelco Strips Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Stelco Strips Ltd is S-57 (First Floor) Phase-V, Focal Point India, Ludhiana, Punjab, 141010.

  • What is the corporate identification number (CIN) and company number of Stelco Strips Ltd?

    The corporate identification number (CIN) of Stelco Strips Ltd is U27105PB1988PLC007921 and the company number is 007921 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Stelco Strips Ltd?

    The Official website of Stelco Strips Ltd is https://www.stelcolimited.com

  • What change has been observed in the net worth of Stelco Strips Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Stelco Strips Ltd has experienced an downturn of -0.02%.

  • What are the total open charges for Stelco Strips Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Stelco Strips Ltd amount to ₹ 15.00 Cr.

  • When was the last Balance Sheet of Stelco Strips Ltd filed with the ROC?

    The most recent Balance Sheet for Stelco Strips Ltd was filed with the ROC on 31 Mar 2024.

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