Shanti Strips Private Limited
About Shanti Strips Private Limited
Data last updated:
Shanti Strips Private Limited was a private limited company based in Delhi, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 09 February 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC057317.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹25.13 Lakh. It was led by directors Adesh Garg and Ritu Garg.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Rp – 2 2nd Floor Pitam Pura, Delhi, India – 110034.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.56 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Lakh (net margin 63.9%) and EBITDA of ₹2.21 Lakh (EBITDA margin 86.4%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 5% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Company details
Contact details
Shanti Strips Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRp – 2 2nd Floor Pitam Pura, Delhi, India – 110034
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Shanti Strips Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Shanti Strips is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Shanti Strips Private Limited, buy the company report.
Financials of Shanti Strips Private Limited
FY 2021 filings availableShanti Strips Private Limited reported revenue of ₹2.56 Lakh (down 11% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 11% fall in the latest year. EBITDA fell 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.56 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.64 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.4% | ||||
| Net Profit Margin | 63.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shanti Strips Private Limited, buy the company report.
Board of directors of Shanti Strips Private Limited
Shanti Strips has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adesh Garg Also directs: Shanti Lohawala Private Ltd | Director | 09 Feb 1994 | 32 Years 9 Months | As last reported |
| Ritu Garg | Director | 09 Aug 2000 | 26 Years 3 Months | As last reported |
Auditor
Shanti Strips Private Limited is audited by ASHWANI GARG & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWANI GARG & ASSOCIATES | FY 2020 | 019179N |
Shareholding
The shareholding of Shanti Strips Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shanti Strips Private Limited, buy the company report.
Legal cases
Shanti Strips Private Limited has 2 court cases on record: 1 filed by Shanti Strips, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Principal Bench | Insolvency matter | Filed by the company against Registrar of Companies and 1 other | Disposed |
| District court, North East, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
To see the full case history of Shanti Strips Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shanti Strips Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shanti Strips Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shanti Strips Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Ritu Garg was appointed as Director on 09 Aug 2000.
Frequently asked questions
Shanti Strips has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Shanti Strips was a private limited company based in Delhi, India. The company worked in metal retail and distribution, within the metals and minerals industry. It was incorporated on 09 February 1994 and is registered under CIN U74899DL1994PTC057317. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Shanti Strips was incorporated on 09 February 1994. It is registered with the Registrar of Companies, Delhi.
Shanti Strips had 2 directors:
- Adesh Garg - Director
- Ritu Garg - Director
The CIN (Corporate Identification Number) of Shanti Strips is U74899DL1994PTC057317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shanti Strips is at Rp – 2 2nd Floor Pitam Pura, Delhi, India – 110034.
The latest financial statements of Shanti Strips on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
Shanti Strips operated in the metals and minerals industry, in the metal retail and distribution segment.
Shanti Strips has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Ritu Garg was appointed as Director on 09 Aug 2000. Adesh Garg was appointed as Director on 09 Feb 1994.
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