About Allied Strips Limited
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Allied Strips Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Nivaya Asl Private Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 05 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U43299DL1992PLC049849. Its GSTIN is 07AABCA0609D2ZD (Delhi). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹100 Cr. It was formerly known as Allied Strips Private Limited. It is led by directors including Ashish Pandey and Hanuman Kumar Sharma.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Dsm 648 6th Floor DLF Towers Shivaji Marg Moti Nagar, West Delhi, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹166.94 Cr and EBITDA of -₹6.97 Cr (EBITDA margin -134%).
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Allied Strips. As per MCA filings, the company has open charges of ₹150 Cr and satisfied charges of ₹3,316.11 Cr on record. Court records list 150 cases involving the company, including 69 filed by the company and 81 filed against it; 54 cases are pending. The company has 15 deals on record (10 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹442.73 Cr; the latest was in March 2023. Its 3 peer companies in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Shri Lakshmi Engineering Industries Limited with revenue of ₹5.25 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 136 overdue payments to 35 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alliedstrips.com.
Company details
CIN history
Allied Strips has one previous CIN (Corporate Identification Number): U27105DL1992PLC049849. The current CIN is U43299DL1992PLC049849, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U43299DL1992PLC049849 | Current |
| U27105DL1992PLC049849 | Previous |
Contact details
Allied Strips Limited's registered office is in New Delhi, Delhi. Its website is alliedstrips.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDsm 648 6th Floor DLF Towers Shivaji Marg Moti Nagar, West Delhi, New Delhi, Delhi, India – 110015
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Allied Strips 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
Brands
Allied Strips operates one associated brand: Allied Strips. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cold rolled steel products are manufactured in Delhi, India. | alliedstrips.com |
Business activity
The main business activity of Allied Strips is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Allied Strips Limited, buy the company report.
Financials of Allied Strips Limited
FY 2024 filings availableAllied Strips Limited reported revenue of ₹5.2 Cr (up 436% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 436% in the latest year. EBITDA fell 101% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹6.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹166.94 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -134% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Allied Strips Limited, buy the company report.
Board of directors of Allied Strips Limited
Allied Strips has 3 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Pandey Also directs: JSP Metallics Limited, Jindal Steel Odisha Limited | Additional Director | 02 Apr 2025 | 1 Years 6 Months | Current |
| Hanuman Kumar Sharma Also directs: Jindal Steel Chhatisgarh Limited, Myaun Capital Private Limited | Additional Director | 02 Apr 2025 | 1 Years 6 Months | Current |
| Madan Murari Jha Also directs: Gagan Power Limited, Megastar Media Private Limited, Panipat Projects Private Limited and 1 more | Additional Director | 13 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Allied Strips Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Lakshmi Engineering Industries Limited | ₹5.25 Cr (FY 2025) | -2.0% | Medak, Telangana, India | |||
| Allied Strips Limitedthis company | ₹5.2 Cr (FY 2024) | -₹166.94 Cr | 436.0% | 10 | New Delhi, Delhi, India | |
| David Containers India Private Limited | ₹5.18 Cr (FY 2024) | -12.0% | Madurai, Tamil Nadu, India | |||
| Sangrur Organics Private Limited | ₹5.15 Cr (FY 2016) | -52.0% | Punjab, India |
To see the full peer comparison of Allied Strips Limited, buy the company report.
Auditor
Allied Strips Limited is audited by Jain Mittal Chaudhary & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain Mittal Chaudhary & Associates | FY 2023 | 015140N |
Shareholding
The shareholding of Allied Strips Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Allied Strips Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2023 | 100758125 | Others | ₹150 Cr | Satisfied | |
| 01 Dec 2016 | 100123640 | Others | ₹80 Cr | Satisfied | |
| 07 Dec 2012 | 10399609 | Siemens Financial Services Private Limited | ₹3.2 Cr | Satisfied | |
| 05 Dec 2012 | 10395233 | Dena Bank | ₹30.36 Cr | Satisfied | |
| 27 Nov 2012 | 10393394 | Oriental Bank of Commerce Ssi | ₹55 Cr | Satisfied |
To see the full charge records of Allied Strips Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Allied Strips Limited has 15 deals on record (10 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹442.73 Cr; the latest was in March 2023.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2012 | Funding round | ₹63.08 Cr | Investors: Sai Sahara Commercial Private Limited, Sainath Dealcom Private Limited , Chandramukhi Vanijya Private Limited |
| Mar 2012 | Funding round | ₹28.45 Cr | Investors: Prominent Vayapaar Private Limited, Survi Commotrade Private Limited , Diksha Viniyog Private Limited |
| Mar 2011 | Funding round | ₹35.03 Cr | Investors: Diksha Viniyog Private Limited , Survi Commotrade Private Limited , Sweta Aorochem Private Limited, an individual |
| Nov 2009 | Funding round | ₹27.45 Cr | Investors: Sweta Aorochem Private Limited, Survi Commotrade Private Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Victor Compusoft Private Limited , Everneed Holding and Estate Private Limited , G C Technology Private Limited |
To see the full deal history of Allied Strips Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Allied Strips Limited has 150 court cases on record: 69 filed by Allied Strips, 81 filed against it. 54 cases are pending and 96 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 119 | 67 | 42 |
| High courts | 21 | 8 | 10 |
| NCLAT | 7 | 4 | 2 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 150)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Court case (Counter Claim) | Filed by the company against Melody Metals Pvt Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Indian Oil Corporation Limited | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Canara Bank and Ors. | Pending |
| High Court, HARYANA | Writ petition | Filed by the company against Indian Oil Corporation Ltd | Pending |
| High Court | Writ petition | Filed by the company against Gail (India) Ltd | Pending |
To see the full case history of Allied Strips 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
Allied Strips Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 136 overdue payments to 35 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 35)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| R D Dutta and Co Private Limited | |||
| an individual supplier | |||
| Asian Rubber Rolls |
To see the full MSME payment records of Allied Strips Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Allied Strips Limited has a workforce of 10 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Allied Strips has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCA0609D2ZD | Delhi | Active | 23 Jul 2017 |
| 06AABCA0609D1ZG | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Allied Strips Limited, buy the company report.
Recent activity
Allied Strips Limited has 28 board changes on record since 2007: 3 appointments and 25 cessations. The latest: Sunil Kumar Agrawal ceased to be Additional Director on 30 Jun 2025.
65 earlier events are in the company report.
Frequently asked questions
Allied Strips is an active public limited company based in New Delhi, Delhi, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 05 August 1992 (34+ years old) and is registered under CIN U43299DL1992PLC049849.
Allied Strips has 3 current directors:
- Ashish Pandey - Additional Director
- Hanuman Kumar Sharma - Additional Director
- Madan Murari Jha - Additional Director
The latest financial statements of Allied Strips on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Allied Strips is 07AABCA0609D2ZD, registered in Delhi. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 06AABCA0609D1ZG (Haryana).
The CIN (Corporate Identification Number) of Allied Strips is U43299DL1992PLC049849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Allied Strips has 150 court cases on record: 69 filed by the company and 81 filed against it. 54 are pending. Most are in the district courts.
Allied Strips was incorporated on 05 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Allied Strips has 15 deals on record (10 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹442.73 Cr; the latest was in March 2023.
The peers of Allied Strips by revenue are Shri Lakshmi Engineering Industries Limited, David Containers India Private Limited, Sangrur Organics Private Limited, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Sunil Kumar Agrawal ceased to be Additional Director on 30 Jun 2025. Madan Murari Jha was appointed as Additional Director on 13 May 2025. Deepa Goyel ceased to be Additional Director on 08 Apr 2025. Allied Strips has 28 board changes on record in total.
Allied Strips has 3 MSME Form 1 returns on record between 2023 and 2024, listing 136 overdue payments to 35 micro and small suppliers. The latest return was filed on 03 Jul 2024.
Allied Strips can be reached through the website alliedstrips.com. Its registered office is in New Delhi, Delhi, India.