Straptex (India) Private Limited

Manufactures plastics and rubber products, including webbings, tapes, and custom items.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated:

Straptex (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.50 M
  • Company Age 36 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.56 Cr
  • Revenue Growth 25.98%
  • Profit Growth 325.92%
  • Ebitda -13.12%
  • Net Worth 0.53%
  • Total Assets 5.04%

About Straptex (India)

Straptex (India) Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 January 1989 and has a history of 36 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹2.56 Cr.

Munjal Shah, Nikhil Shah, and Devarsh Munjal 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

    U51900MH1989PTC050250

  • Company No.

    050250

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Straptex (India) Private Limited offer?

Straptex (India) Private Limited offers a wide range of products and services, including Sewing Threads, Laces & Accessories, Garment Laces, Embroidered Laces, Lifting Hooks, Chains & Clamps, Webbing and Lifting Slings, Face Mask & Medical PPE Kits, Elastic Tapes, Bandages & Dressing Disposables, Medical Tapes.

Who are the key members and board of directors at Straptex (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Nikhil Shah Country flag representing In Director 04-Jan-1989Current
Devarsh Munjal Country flag representing In Director 10-Jul-2021Current
Munjal Shah Country flag representing In Director 01-Jul-2003Current

Financial Performance of Straptex (India).

Straptex (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.98% increase. The company also saw a substantial improvement in profitability, with a 325.92% increase in profit. The company's net worth moved up by a moderate rise of 0.53%.

Straptex (India) revenue growth over time
Straptex (India) 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
25.98%
Revenue from Operations
26.31%
Total Assets
5.04%
Profit or Loss
325.92%
Net Worth
0.53%
EBITDA
-13.12%

What is the Ownership and Shareholding Structure of Straptex (India)?

Unlock access to Straptex (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.56 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.82 Cr
  • Bank Of Baroda : 0.74 Cr

Latest Charge Details

DateLenderAmountStatus
14 Feb 2022Others₹2.40 MOpen
28 Jul 2020Others₹4.80 MOpen
07 Jan 1998Others₹1.10 CrOpen
29 Aug 1990Bank Of Baroda₹5.90 MOpen
20 Jul 1990Bank Of Baroda₹1.45 MOpen

How Many Employees Work at Straptex (India)?

Straptex (India) has a workforce of 9 employees as of Mar 29, 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.

Employee growth trends for Straptex (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Straptex (India), 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 Straptex (India)'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 Straptex (India)

Recent activity within the organization

  • Annual General Meeting

    Straptex (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Straptex (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 1.10 Cr registered on 07 Jan 1998 with Charge ID 90166558 was modified on 21 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100546136 was registered on 14 Feb 2022.

  • Director Appointment

    Devarsh Shah Munjal was appointed as a Director was appointed as a Director on 10 Jul 2021 & has been associated with this company since 3 years 8 months .

  • Charges

    A charge with Others amounted to Rs. 0.48 Cr with Charge ID 100384497 was registered on 28 Jul 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Straptex (India) Private Limited?

    Straptex (India) Private Limited was incorporated on 04 Jan 1989.

  • What is authorized share capital and paid-up capital of Straptex (India) Private Limited?

    The authorized share capital of Straptex (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.50 M.

  • Who are the current board members & directors of Straptex (India) Private Limited?

    Currently 3 directors are associated with Straptex (India) Private Limited.

    • Munjal Rasiklal Shah
    • Nikhil Rasiklal Shah
    • Devarsh Shah Munjal
  • What is the registered address of Straptex (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Straptex (India) Private Limited is 104 Shivam Apartments J.P.Road 7 Bunglows Versoa Andheri (West), India, Mumbai, Maharashtra, 400053.

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

    The corporate identification number (CIN) of Straptex (India) Private Limited is U51900MH1989PTC050250 and the company number is 050250 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Straptex (India) Private Limited?

    The Official website of Straptex (India) Private Limited is https://www.straptex.in

  • What has been the recent revenue trend for Straptex (India) Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Straptex (India) Private Limited has risen by 25.98%.

  • How many employees does Straptex (India) Private Limited currently have?

    As Per 2022 financial reports, 9 employees are currently employed by Straptex (India) Private Limited.

  • What change has been observed in the net worth of Straptex (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Straptex (India) Private Limited has experienced an upsurge of 0.53%.

  • What are the total open charges for Straptex (India) Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Straptex (India) Private Limited amount to ₹ 2.56 Cr.

  • When was the last Balance Sheet of Straptex (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Straptex (India) Private Limited was filed with the ROC on 31 Mar 2023.

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