Karnataka Strips Limited - Company Profile

It is a machinery and equipment public limited company based in Bellary, Karnataka, India, established in 2000.
2000 Bellary, Karnataka, India Under Liquidation
Last Updated:
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About Karnataka Strips Limited

Karnataka Strips Limited, a under liquidation public limited company, was established on 25 May 2000 in Bellary, Karnataka, India. Engaging in industrial tools & components within the financial and insurance service sector, it holds CIN: U85110KA2000PLC027141. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹35.00 Cr and a paid-up capital of ₹22.88 Cr.

It upholds a active non-compliant status. Its leadership includes Ganga Bale Rai Kumar (Director), Devesh Mithanlal Agarwal (Director), Rajender Kumar Singhal (Managing Director). Past directors included Ritu Devesh Agarwal. It holds ₹89.85 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2015, with the balance sheet filed on 31 March 2015. It is based at No 126, Mundaregi Villagemundargi Industrial Area, Bellary, Bellary, Karnataka, 583101.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U85110KA2000PLC027141

  • Registration Number

    027141

  • Incorporation Date

    25 May 2000

  • Authorized Capital

    ₹35.00 Cr

  • Paid-Up Capital

    ₹22.88 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 22.88 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 89.85 Cr
  • Revenue Growth **** -45.29%
  • Profit Growth **** 4.18%
  • Ebitda **** -577.70%
  • Net Worth -35.24%
  • Total Assets -26.17%
Company report

Karnataka Strips Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karnataka Strips 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 Karnataka Strips Limited?
Current Directors
Name Designation Appointment Date Status
Ganga Bale Rai Kumar Director 20 Sep 2004 Current
Devesh Mithanlal Agarwal Director 25 May 2000 Current
Rajender Kumar Singhal Managing Director 25 May 2000 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Dec 2012 Past

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Financial Performance of Karnataka Strips.

Karnataka Strips Limited, for the financial year ended 2013, experienced significant reduction in revenue, with a 45.29% decrease. The company also saw a slight improvement in profitability, with a 4.18% increase in profit. The company's net worth observed a substantial decline by a decrease of 35.24%.

Karnataka Strips revenue growth over time
Karnataka Strips profit and loss trends over time
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
  • 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
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 -45.29%
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*******
*******
*******
Revenue from Operations
*******
 -45.41%
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*******
*******
Total Assets
*******
 -26.17%
*******
*******
*******
*******
Profit or Loss
*******
 4.18%
*******
*******
*******
*******
Net Worth
*******
 -35.24%
*******
*******
*******
*******
EBITDA
*******
 -577.70%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Karnataka Strips?

In 2015, Karnataka Strips 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)
shareholding
  • 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

₹898,480,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 31.84 Cr
  • Pridhvi Asset Reconstruction And Securitisation Company Limited : 31.50 Cr
  • Ing Vysya Bank Limited : 11.50 Cr
  • Hiren Chag : 9.68 Cr
  • Ing Vysya Bank : 5.33 Cr
Latest Charge Details
Date Lender Amount Status
25 Jun 2010 Hiren Chag ₹9.68 Cr Open
31 Mar 2009 Others ₹19.44 Cr Open
03 Jul 2007 Others ₹12.40 Cr Open
22 Dec 2005 Pridhvi Asset Reconstruction And Securitisation Company Limited ₹31.50 Cr Open
19 Jan 2005 Ing Vysya Bank ₹5.33 Cr Open

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How Many Employees Work at Karnataka Strips?

Unlock and access historical data on people associated with Karnataka Strips, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka 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 Karnataka 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.

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Latest Updates, News, and FAQs on Karnataka Strips
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 19.44 Cr registered on 31 Mar 2009 with Charge ID 10158371 was modified on 30 Jun 2016. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 12.40 Cr registered on 03 Jul 2007 with Charge ID 10062164 was modified on 30 Jun 2016. was recorded as a recent event.

  • Annual General Meeting

    The activity Karnataka Strips Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Pridhvi Asset Reconstruction And Securitisation Company Limited of Rs. 31.50 Cr registered on 22 Dec 2005 with Charge ID 80017171 was modified on 31 Mar 2015. was documented.

  • Balance Sheet

    The activity Karnataka Strips Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Bangalore. was completed.

  • Charges

    The activity A charge with Hiren Chag amounted to Rs. 9.68 Cr with Charge ID 10242453 was registered on 25 Jun 2010. was completed.

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Frequently Asked Questions
What is the CIN of Karnataka Strips Limited?

The CIN of Karnataka Strips Limited is U85110KA2000PLC027141.

Where is Karnataka Strips Limited headquartered?

Karnataka Strips Limited is headquartered at No 126, Mundaregi Villagemundargi Industrial Area, Bellary, Bellary, Karnataka, 583101.

When was Karnataka Strips Limited incorporated?

Karnataka Strips Limited was incorporated on 25 May 2000.

Who are the current directors of Karnataka Strips Limited?

The current directors of Karnataka Strips Limited are

What is the primary industry of Karnataka Strips Limited?

The primary industry of Karnataka Strips Limited is Financial And Insurance Service.

Is Karnataka Strips Limited a listed company?

Karnataka Strips Limited is unlisted.

What is the capital structure of Karnataka Strips Limited?

The authorized capital of Karnataka Strips Limited is ₹35.00 Cr, and the paid-up capital is ₹22.88 Cr.

What is the compliance status of Karnataka Strips Limited?

The compliance status of Karnataka Strips Limited is Active Non-Compliant.

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