Straddle Industries Private Limited

Company specializes in trading textiles, clothing, footwear, electronics, and household appliances.

2014 | Mumbai, Maharashtra (India) | Active
Last Updated:

Straddle Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.53 Cr
  • Company Age 11 Year, 25 Days
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 14.00 Cr
  • Satisfied Charges ₹ 14.00 Cr
  • Revenue Growth 7.05%
  • Profit Growth 4.32%
  • Ebitda 112.49%
  • Net Worth 90.70%
  • Total Assets -43.40%

About Straddle Industries

Straddle Industries Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 March 2014 and has a history of 11 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Avichal Multitrade Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.53 Cr.

The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹14.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prafulla Bhat and Waris Yakub serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2014PTC253904

  • Company No.

    253904

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 2014

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

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

Board Members (2)

NameDesignationAppointment DateStatus
Prafulla Bhat Country flag representing In Director 22-Mar-2018Current
Waris Yakub Country flag representing In Additional Director 30-May-2019Current

Financial Performance of Straddle Industries.

Straddle Industries Private Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 7.05% increase. The company also saw a slight improvement in profitability, with a 4.32% increase in profit. The company's net worth Soared by an impressive increase of 90.7%.

Straddle Industries revenue growth over time
Straddle 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
7.05%
Revenue from Operations
6.96%
Total Assets
-43.40%
Profit or Loss
4.32%
Net Worth
90.70%
EBITDA
112.49%

What is the Ownership and Shareholding Structure of Straddle Industries?

In 2018, Straddle Industries had a promoter holding of 65.45% and a public holding of 34.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.00 Cr

Satisfied Charges

₹14.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2018Others₹14.00 CrOpen
27 Jun 2017State Bank Of India₹14.00 CrSatisfied

How Many Employees Work at Straddle Industries?

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

Employee growth trends for Straddle Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Straddle 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 Straddle 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 Straddle Industries

Recent activity within the organization

  • Director Appointment

    Waris Yakub was appointed as a Additional Director was appointed as a Additional Director on 30 May 2019 & has been associated with this company since 5 years 10 months .

  • Annual General Meeting

    Straddle Industries Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100181609 was registered on 24 May 2018.

  • Charges

    A charge registered on 27 Jun 2017 via Charge ID 100106132 with State Bank Of India was fully satisfied on 18 Apr 2018.

  • Balance Sheet

    Straddle Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

  • Director Appointment

    Prafulla Subhashchandra Bhat was appointed as a Director was appointed as a Director on 22 Mar 2018 & has been associated with this company since 7 years 9 days .

Frequently asked questions

  • What is the Incorporation or founding date of Straddle Industries Private Limited?

    Straddle Industries Private Limited was incorporated on 06 Mar 2014.

  • What is authorized share capital and paid-up capital of Straddle Industries Private Limited?

    The authorized share capital of Straddle Industries Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.53 Cr.

  • Who are the current board members & directors of Straddle Industries Private Limited?

    Currently 2 directors are associated with Straddle Industries Private Limited.

    • Prafulla Subhashchandra Bhat
    • Waris Yakub

  • What is the registered address of Straddle Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Straddle Industries Private Limited is Unit No. 906 Jay Antariksh 13 /14 Andheri Kurla Road (East), India, Mumbai, Maharashtra, 400059.

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

    The corporate identification number (CIN) of Straddle Industries Private Limited is U74999MH2014PTC253904 and the company number is 253904 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Straddle Industries Private Limited?

    The Official website of Straddle Industries Private Limited is https://www.straddle.co.in

  • What has been the recent revenue trend for Straddle Industries Private Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Straddle Industries Private Limited has risen by 7.05%.

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

    The financial reports for the fiscal year 2018 indicates that The net worth of Straddle Industries Private Limited has experienced an upsurge of 90.70%.

  • What are the total open charges for Straddle Industries Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Straddle Industries Private Limited amount to ₹ 14.00 Cr.

  • When was the last Balance Sheet of Straddle Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Straddle Industries Private Limited was filed with the ROC on 31 Mar 2018.

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