Vardhman Strips Pvt. Ltd.

Manufacturer of industrial quality brass/copper strips, foils, sheets, and circles for various industries.

1995 | Jagadhri, Haryana (India) | Active
Last Updated: December 21, 2024

Vardhman Strips Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.27 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 4.25 Cr
  • Satisfied Charges ₹ 2.05 Cr
  • Revenue Growth -98.72%
  • Profit Growth 100.01%
  • Ebitda 97.94%
  • Net Worth -0.09%
  • Total Assets -7.09%

About Vardhman Strips

Vardhman Strips Pvt. Ltd. (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 February 1995 and has a history of 29 years and 11 months. Its registered office is in Jagadhri, Haryana.

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 2020. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.27 Cr.

The company currently has active open charges totaling ₹4.25 Cr. The company has closed loans amounting to ₹2.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Radha Jain and Narinder Jain serve as directors at the Company.

Company Details

  • Location Jagadhri, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U13209HR1995PTC032557

  • Company No.

    032557

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1995

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

What products or services does Vardhman Strips Pvt. Ltd. offer?

Vardhman Strips Pvt. Ltd. offers a wide range of products and services, including Brass Components, Brass Strips.

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

Board Members (2)

Name Designation Appointment Date Status
Radha Jain Country flag representing In Director 22-Feb-1995 Current
Narinder Jain Country flag representing In Director 11-May-2002 Current

Financial Performance of Vardhman Strips.

Vardhman Strips Pvt. Ltd., for the financial year ended 2020, experienced significant reduction in revenue, with a 98.72% decrease. The company also saw a substantial improvement in profitability, with a 100.01% increase in profit. The company's net worth dipped by a decrease of 0.09%.

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
-98.72%
Revenue from Operations
Total Assets
-7.09%
Profit or Loss
100.01%
Net Worth
-0.09%
EBITDA
97.94%

What is the Ownership and Shareholding Structure of Vardhman Strips?

In 2019, Vardhman Strips had a promoter holding of 49.26% and a public holding of 50.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.25 Cr

Satisfied Charges

₹2.05 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.25 Cr

Latest Charge Details

Date Lender Amount Status
26 Feb 2010 State Bank Of India ₹4.25 Cr Open
29 Jan 2010 Punjab National Bank ₹0.50 M Satisfied
09 Nov 2002 Punjab National Bank ₹5.00 M Satisfied
15 Sep 2001 Punjab National Bank ₹1.60 M Satisfied
15 Nov 1999 Punjab National Bank ₹2.00 M Satisfied

How Many Employees Work at Vardhman Strips?

Vardhman Strips has a workforce of 2 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardhman 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 Vardhman 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 Vardhman Strips

Recent activity within the organization

  • Annual General Meeting

    Vardhman Strips Pvt. Ltd. last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Vardhman Strips Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.

    31 Mar 2020

  • Charges

    A charge with State Bank Of India of Rs. 4.25 Cr registered on 26 Feb 2010 with Charge ID 10211473 was modified on 05 Mar 2015.

    05 Mar 2015

  • Charges

    A charge registered on 29 Jan 2010 via Charge ID 10201240 with Punjab National Bank was fully satisfied on 14 Aug 2010.

    14 Aug 2010

  • Charges

    A charge registered on 09 Nov 2002 via Charge ID 90049404 with Punjab National Bank was fully satisfied on 14 Aug 2010.

    14 Aug 2010

  • Charges

    A charge registered on 15 Sep 2001 via Charge ID 90048667 with Punjab National Bank was fully satisfied on 14 Aug 2010.

    14 Aug 2010

Frequently asked questions

  • Vardhman Strips Pvt. Ltd. was incorporated on 22 Feb 1995.

  • The authorized share capital of Vardhman Strips Pvt. Ltd. is ₹ 1.50 Cr and paid-up capital is ₹ 1.27 Cr.

  • Currently 2 directors are associated with Vardhman Strips Pvt. Ltd..

    • Radha Jain
    • Narinder Pal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Strips Pvt. Ltd. is Tejli Gatecourt Road India, Jagadhri, Haryana.

  • The corporate identification number (CIN) of Vardhman Strips Pvt. Ltd. is U13209HR1995PTC032557 and the company number is 032557 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Vardhman Strips Pvt. Ltd. has fallen by -98.72%.

  • As Per 2020 financial reports, 2 employees are currently employed by Vardhman Strips Pvt. Ltd..

  • The financial reports for the fiscal year 2020 indicates that The net worth of Vardhman Strips Pvt. Ltd. has experienced an downturn of -0.09%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Vardhman Strips Pvt. Ltd. amount to ₹ 4.25 Cr.

  • The most recent Balance Sheet for Vardhman Strips Pvt. Ltd. was filed with the ROC on 31 Mar 2020.

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