J.V. Strips Limited
About J.V. Strips Limited
Data last updated:
J.V. Strips Limited is a public limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 September 1995.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PLC072757. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹12.94 Cr. It is led by directors including Jai Bhagwan Bindal (Whole-Time Director) and Man Mohan Goel.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No. 1B1 Twin District Centre 8th Floor Kings Mall Sector – 10 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2017, the company reported a revenue of ₹264.18 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Cr (net margin 0.4%) and EBITDA of ₹12.98 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company has about 78 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹79.37 Cr and satisfied charges of ₹42.72 Cr on record. Court records list 30 cases involving the company, including 3 filed by the company and 27 filed against it; 8 cases are pending.
Company details
Contact details
J.V. Strips Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 1B1 Twin District Centre 8th Floor Kings Mall Sector – 10 Rohini, Delhi, India – 110085
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of J.V. 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
Business activity
The main business activity of J.V. 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 J.V. Strips Limited, buy the company report.
Financials of J.V. Strips Limited
FY 2017 filings availableJ.V. Strips Limited reported revenue of ₹264.18 Cr (up 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 2% growth in the latest year. EBITDA rose 6% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹264.18 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹12.98 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.08 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.9% | ||
| Net Profit Margin | 0.4% | ||
| 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 J.V. Strips Limited, buy the company report.
Board of directors of J.V. Strips Limited
J.V. Strips has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Bhagwan Bindal Also directs: Agarwal Foils Private Limited | Whole-Time Director | 27 Sep 1995 | 31 Years 0 Months | As last reported |
| Man Mohan Goel | Director | 02 Apr 2018 | 8 Years 6 Months | As last reported |
| Darshan Kumar Vashisth | Director | 30 Jan 2017 | 9 Years 8 Months | As last reported |
Peer comparison
J.V. Strips Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Shree Shyam Sponge and Power Limited | ₹266.1 Cr (FY 2024) | 80.0% | Raipur, Chhattisgarh, India | |||
| J G Foundry Limited | ₹265.97 Cr (FY 2025) | 1.0% | Patna, Bihar, India | |||
| J.V. Strips Limitedthis company | ₹264.18 Cr (FY 2017) | ₹1.08 Cr | 0.4% | 2.0% | 78 | Delhi, India |
| Chhattisgarh Steel and Power Limited | ₹264.17 Cr (FY 2025) | 39.0% | Janjgit, Chhattisgarh, India | |||
| Excel Metal Processors Private Limited | ₹263.55 Cr (FY 2016) | 65.0% | Mumbai, Maharashtra, India | |||
| Garg Furnace Limited | ₹263.32 Cr (FY 2025) | 2.0% | Ludhiana, Punjab, India | |||
| Hanu Kripa Ispat Private Limited | ₹263.23 Cr (FY 2025) | -8.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of J.V. Strips Limited, buy the company report.
Auditor
J.V. Strips Limited is audited by K K KOHLI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K KOHLI & CO | FY 2017 | 010132C |
Shareholding
The shareholding of J.V. Strips Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of J.V. Strips Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2016 | 100075551 | Others | ₹14.85 Cr | Open | |
| 25 Aug 2009 | 10179954 | State Bank of Bikaner and Jaipur | ₹64.52 Cr | Open | |
| 17 Jan 2009 | 10143541 | State Bank of Bikaner and Jaipur | ₹6 Cr | Satisfied | |
| 18 Jul 2005 | 90063506 | State Bank of Bikaner & Jaipur | ₹83 Lakh | Satisfied | |
| 07 Jan 1997 | 90061062 | State Bank of Bikaner & Jaipur | ₹1.98 Cr | Satisfied |
To see the full charge records of J.V. Strips Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
J.V. Strips Limited has 30 court cases on record: 3 filed by J.V. Strips, 27 filed against it. 8 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 19 | 7 |
| NCLAT | 7 | 6 | 1 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited. | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Consumer Finance Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against D.P Garg and Company Pvt Ltd & Ors. and 4 others | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by Capital First Ltd. | Pending |
To see the full case history of J.V. 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
No delayed payments to MSME suppliers are on our record for J.V. Strips Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
J.V. Strips Limited has a workforce of 78 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
J.V. Strips has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of J.V. Strips Limited, buy the company report.
Recent activity
J.V. Strips Limited has 16 board changes on record since 1995: 3 appointments and 13 cessations. The latest: Krishna Bindal ceased to be Director on 10 Apr 2018.
25 earlier events are in the company report.
Frequently asked questions
J.V. Strips is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
J.V. Strips is a company under liquidation, formerly operating as a public limited company based in Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 September 1995 and is registered under CIN U74899DL1995PLC072757. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
J.V. Strips has 3 current directors:
- Jai Bhagwan Bindal - Whole-Time Director
- Man Mohan Goel - Director
- Darshan Kumar Vashisth - Director
The latest financial statements of J.V. Strips on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of J.V. Strips is U74899DL1995PLC072757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J.V. Strips has open charges of ₹79.37 Cr and satisfied charges of ₹42.72 Cr as per latest MCA filings.
J.V. Strips has 30 court cases on record: 3 filed by the company and 27 filed against it. 8 are pending. Most are in the district courts.
J.V. Strips was incorporated on 27 September 1995. It is registered with the Registrar of Companies, Delhi.
The peers of J.V. Strips by revenue are Shree Shyam Sponge and Power Limited, J G Foundry Limited, Chhattisgarh Steel and Power Limited, Excel Metal Processors Private Limited, Garg Furnace Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Krishna Bindal ceased to be Director on 10 Apr 2018. Man Mohan Goel ceased to be Director on 03 Apr 2018. Man Mohan Goel was appointed as Director on 02 Apr 2018. J.V. Strips has 16 board changes on record in total.
The registered office of J.V. Strips is at Plot No. 1B1 Twin District Centre 8th Floor Kings Mall Sector – 10 Rohini, Delhi, India – 110085.