Stride Steels Private Limited

Manufactures basic Iron and steel, incorporated in 2008, based in Tamil Nadu.

2008 | Gummidipoondi, Tamil Nadu (India) | Active
Last Updated: June 17, 2024

Stride Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.62 Cr
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.00 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 21.64%
  • Profit Growth -95.67%
  • Ebitda -68.40%
  • Net Worth 3.50%
  • Total Assets 12.63%

About Stride Steels

Stride Steels Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 2008 and has a history of 16 years and eight months. Its registered office is in Gummidipoondi, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.62 Cr.

The company currently has active open charges totaling ₹49.00 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vandana Kumar and Nirmal Kanyalal serve as directors at the Company.

Company Details

  • Location

    Gummidipoondi, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310TN2008PTC067964

  • Company No.

    067964

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

Who are the key members and board of directors at Stride Steels?

Board Members (2)

Name Designation Appointment Date Status
Nirmal Kanyalal Country flag representing In Whole-Time Director 29-May-2008 Current
Vandana Kumar Country flag representing In Director 15-Sep-2016 Current

Financial Performance of Stride Steels.

Stride Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.64% increase. The company also saw a substantial fall in profitability, with a 95.67% decrease in profit. The company's net worth moved up by a moderate rise of 3.5%.

Graph illustrating revenue growth over time
Graph showing 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
21.64%
Revenue from Operations
21.66%
Total Assets
12.63%
Profit or Loss
-95.67%
Net Worth
3.50%
EBITDA
-68.40%

What is the Ownership and Shareholding Structure of Stride Steels?

In 2023, Stride Steels had a promoter holding of 6.48% and a public holding of 93.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.00 Cr

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 49.00 Cr

Latest Charge Details

Date Lender Amount Status
05 Nov 2013 Union Bank Of India ₹49.00 Cr Open
19 Sep 2016 Others ₹5.00 Cr Satisfied

How Many Employees Work at Stride Steels?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Stride Steels, 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 Stride Steels'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 Stride Steels

Recent activity within the organization

  • Annual General Meeting

    Stride Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Stride Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 19 Sep 2016 via Charge ID 100060948 with Others was fully satisfied on 23 Nov 2017.

    23 Nov 2017

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100060948 was registered on 19 Sep 2016.

    19 Sep 2016

  • Director Appointment

    Vandana Nirmal Kumar was appointed as a Director was appointed as a Director on 15 Sep 2016 & has been associated with this company since 8 years 4 months .

    15 Sep 2016

  • Charges

    A charge with Union Bank Of India of Rs. 49.00 Cr registered on 05 Nov 2013 with Charge ID 10462684 was modified on 03 Nov 2015.

    03 Nov 2015

Frequently asked questions

  • Stride Steels Private Limited was incorporated on 29 May 2008.

  • The authorized share capital of Stride Steels Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.62 Cr.

  • Currently 2 directors are associated with Stride Steels Private Limited.

    • Vandana Nirmal Kumar
    • Nirmal Kumar Kanyalal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Stride Steels Private Limited is A-7/E Sipcot Industrial Complex, Gummidipoondi, Tamil Nadu, India, 601201.

  • The corporate identification number (CIN) of Stride Steels Private Limited is U27310TN2008PTC067964 and the company number is 067964 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Stride Steels Private Limited has risen by 21.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Stride Steels Private Limited has experienced an upsurge of 3.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Stride Steels Private Limited amount to ₹ 49.00 Cr.

  • The most recent Balance Sheet for Stride Steels Private Limited was filed with the ROC on 31 Mar 2023.

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