Strapping Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 3.60 Cr
- Satisfied Charges ₹ 8.41 Cr
- Revenue Growth -34.74%
- Profit Growth 90.43%
- Ebitda 108.52%
- Net Worth -1.31%
- Total Assets -0.63%
About Strapping Solutions
Strapping Solutions Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 June 1999 and has a history of 25 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Packaging Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹3.60 Cr. The company has closed loans amounting to ₹8.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramratan Singhi and Deoratan Singhi serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U28129MH1999PTC120452
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Company No.
120452
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Jun 1999
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Date of AGM
30 Nov 2021
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Date of Balance Sheet
31 Mar 2021
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Strapping Solutions Private Limited offer?
Strapping Solutions Private Limited offers a wide range of products and services, including Shipping Containers, Industrial Containers, Protective Packing Materials, Protective Packaging.
Who are the key members and board of directors at Strapping Solutions?
Board Members (2)
Name | Designation | Appointment Date | Status |
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Ramratan Singhi
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Director | 14-Nov-2005 | Current |
Deoratan Singhi
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Director | 12-Jul-2016 | Current |
Financial Performance of Strapping Solutions.
Strapping Solutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 34.74% decrease. The company also saw a substantial improvement in profitability, with a 90.43% increase in profit. The company's net worth dipped by a decrease of 1.31%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Strapping Solutions?
In 2021, Strapping Solutions had a promoter holding of 62.50% and a public holding of 37.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
![Shareholding Indicator graph](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹36.00 M
₹84.06 M
Charges Breakdown by Lending Institutions
- Others : 2.90 Cr
- Oriental Bank Of Commerce Limited : 0.50 Cr
- Oriental Bank Of Commerce : 0.20 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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24 Aug 2021 | Others | ₹2.90 Cr | Open |
08 Jan 2010 | Oriental Bank Of Commerce Limited | ₹5.00 M | Open |
08 Apr 2005 | Oriental Bank Of Commerce | ₹1.00 M | Open |
08 Apr 2005 | Oriental Bank Of Commerce | ₹1.00 M | Open |
24 Aug 2021 | Others | ₹5.00 Cr | Satisfied |
How Many Employees Work at Strapping Solutions?
Unlock and access historical data on people associated with Strapping Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
![Graph showing employee growth trends](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Strapping Solutions, 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 Strapping Solutions's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.