Classic Stripes Private Limited - Company Profile

It is a automotive private limited company based in Mumbai, Maharashtra, India, established in 1987.

1987 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 24, 2025

About Classic Stripes Private Limited

Classic Stripes Private Limited, a amalgamated private limited company, was established on 30 September 1987 in Mumbai, Maharashtra, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U74999MH1987PTC044849. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹11.96 Cr.

Formerly known as Classic Stripes Ltd, Classic Stripes Ltd. Employing 384 professional, Its leadership includes Salil Kishore Musale (Whole-Time Director), Kishore Manohar Musale (Managing Director), Dharnidhar Joshi (Whole-Time Director). Past directors included Aditya Arora, Chhaya Kishore Musale, Salil Kishore Musale. It holds no open charges and ₹973.47 Cr settled loans. Its latest AGM occurred on 31 December 2016, with the balance sheet filed on 31 March 2016. It is based at Astarc House, 76/79, Makwana Lane, Takpada, Off. Andheri Kurla Road, Marol, Andheri, (E), Mumbai, Maharashtra, 400059.

Company Details

CIN/LLPIN
U74999MH1987PTC044849
Registration Number
044849
Incorporation Date
30 September 1987
Authorized Capital
₹15.00 Cr
Paid-Up Capital
₹11.96 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 15.00 Cr as on 24-07-2025
Paid Up Capital ₹ 11.96 Cr as on 24-07-2025
Company Age 38 Year, 5 Months
Last Filing with ROC 31 Mar 2016
Satisfied Charges ₹ 973.47 Cr as on 24-07-2025
Revenue Growth **** -14.88% (FY 2016)
Profit Growth **** 7.64% (FY 2016)
Ebitda **** -15.06% (FY 2016)
Net Worth 16.51% (FY 2016)
Total Assets **** 13.26% (FY 2016)

Comprehensive Company Insights

Explore comprehensive insights into Classic Stripes Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Classic Stripes Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Salil Kishore Musale	Whole-Time Director	29 Jun 2011	Current
Kishore Manohar Musale	Managing Director	30 Sep 1987	Current
Dharnidhar Joshi	Whole-Time Director	20 May 2016	Current
Sameer Kishore Musale	Director	26 Apr 2013	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	19 Sep 2014	Past
Pramod Abcsdd	Director	26 Apr 2013	Past
Pramod Abcsdd	Additional Director	11 Aug 2011	Past
Pramod Abcsdd	Director	06 Apr 2016	Past
Pramod Abcsdd	Additional Director	05 Apr 2011	Past
Pramod Abcsdd	Director	29 Jun 2011	Past

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Financial Performance of Classic Stripes.

Classic Stripes Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 14.88% decrease. The company also saw a slight improvement in profitability, with a 7.64% increase in profit. The company's net worth Soared by an impressive increase of 16.51%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-14.88%

*******

Revenue from Operations

*******

-16.95%

*******

Total Assets

*******

13.26%

*******

Profit or Loss

*******

7.64%

*******

Net Worth

*******

16.51%

*******

EBITDA

*******

-15.06%

*******

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What is the Ownership and Shareholding Structure of Classic Stripes?

In 2016, Classic Stripes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹9,734,687,000.00

Charges Breakdown by Lending Institutions

Icici Bank Limited : 350.00 Cr
Others : 160.00 Cr
The Saraswat Co-Operative Bank Ltd : 100.25 Cr
Axis Bank Limited : 61.02 Cr
Kotak Mahindra Bank Limited : 50.00 Cr
Others : 252.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
16 Mar 2016	Others	₹160.00 Cr	Satisfied
06 Nov 2013	Citibank N. A.	₹20.00 Cr	Satisfied
25 Mar 2013	The Saraswat Co-Operative Bank Limited	₹47.25 Cr	Satisfied
16 Jan 2013	Axis Bank Limited	₹61.02 Cr	Satisfied
23 Jul 2012	Citibank N. A.	₹16.80 Cr	Satisfied

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How Many Employees Work at Classic Stripes?

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

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Classic Stripes, 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 Classic Stripes's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Classic Stripes

Recent Activity within the Organization

Director Appointment

Progress on Jhanvi Vijaydeep Ailsinghani was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2017 & has been associated with this company since 9 years 4 days . was documented.
01 Mar 2017
Charges

The activity A charge registered on 16 Mar 2016 via Charge ID 100025254 with Others was fully satisfied on 31 Jan 2017. was completed.
31 Jan 2017
Annual General Meeting

The activity Classic Stripes Private Limited last Annual general meeting of members was held on 31 Dec 2016 as per latest MCA records. was completed.
31 Dec 2016
Director Appointment

Progress on Dharnidhar Joshi was appointed as a Whole-time director was appointed as a Whole-time director on 20 May 2016 & has been associated with this company since 9 years 9 months . was documented.
20 May 2016
Charges

The activity A charge registered on 19 Jul 2012 via Charge ID 10366020 with Export Import Bank Of India was fully satisfied on 02 May 2016. was completed.
02 May 2016
Charges

Progress on A charge registered on 06 Nov 2013 via Charge ID 10458609 with Citibank N. A. was fully satisfied on 20 Apr 2016. was documented.
20 Apr 2016

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