Karnataka Strips Limited
About Karnataka Strips Limited
Data last updated: 27 July 2025
Karnataka Strips Limited is a public limited company based in Bellary, Karnataka, 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 specialises in industrial tools and components, a part of the broader machinery and industrial equipment sector. Incorporated on 25 May 2000, the company has been in operation for over 26 years.
Registered with ROC Bangalore under CIN U85110KA2000PLC027141.
Capital: an authorised share capital of ₹35 Cr and a paid-up capital of ₹22.88 Cr. It is led by directors including Ganga Bale Rai Kumar and Devesh Mithanlal Agarwal.
Last AGM: 30 September 2015. Financial statements filed for year ended 31 March 2015. Office: No 126 Mundaregi Villagemundargi Industrial Area Bellary, Karnataka, India – 583101.
As per the financials filed for FY 2013, the company reported a revenue of ₹18.82 Cr, a decline of 45.29% compared to the previous year.
As per MCA filings, the company has open charges of ₹89.85 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds.
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Registered AddressNo 126 Mundaregi Villagemundargi Industrial Area Bellary, Karnataka, India – 583101
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IndustryMachinery and Equipment, Industrial Tools & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Karnataka Strips Limited
Karnataka Strips Limited has one previous CIN (Corporate Identification Number): U85110KA2000PTC027141. The current CIN is U85110KA2000PLC027141, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA2000PLC027141 | Current |
| U85110KA2000PTC027141 | Previous |
Business Activity of Karnataka Strips Limited
Karnataka Strips Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Karnataka Strips Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Board of Directors of Karnataka Strips Limited
Karnataka Strips Limited is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Ganga Bale Rai Kumar
Also directs:
United Galva Limited, S K Corporation (Intl) Limited, Charishma Overseas Limited and 1 more
|
Director | 20 Sep 2004 | 21 Years 11 Months | As last reported |
|
Devesh Mithanlal Agarwal
Also directs:
M L Auto Tubes Private Limited
|
Director | 25 May 2000 | 26 Years 2 Months | As last reported |
| Rajender Kumar Singhal | Managing Director | 25 May 2000 | 26 Years 2 Months | As last reported |
Financials of Karnataka Strips Limited FY 2015 filings available
Karnataka Strips Limited reported revenue of ₹18.82 Cr (down 45.29% YoY) for FY 2013.
Ten-year financial statements for Karnataka Strips Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Karnataka Strips Limited
Shareholding and ownership data for Karnataka Strips Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Karnataka Strips Limited
| 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 | ₹12.4 Cr | Open |
| 22 Dec 2005 | Pridhvi Asset Reconstruction and Securitisation Company Limited | ₹31.5 Cr | Open |
| 19 Jan 2005 | Ing Vysya Bank | ₹5.33 Cr | Open |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Karnataka Strips Limited
View historical data on people associated with Karnataka Strips Limited, including employment history and EPFO contributions.
Employee and EPFO history for Karnataka Strips Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Karnataka Strips Limited
GST registrations and filing compliance for Karnataka Strips Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Karnataka Strips Limited
Credit ratings, litigation, and regulatory alerts for Karnataka Strips Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Karnataka Strips Limited
MSME payment history for Karnataka Strips Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Karnataka Strips Limited
Corporate group structure for Karnataka Strips Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Karnataka Strips Limited
MCA filings and documents for Karnataka Strips Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Karnataka Strips Limited
Frequently Asked Questions about Karnataka Strips Limited
Karnataka Strips Limited 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.
Karnataka Strips Limited is a company under liquidation, formerly operating as a public limited company in the machinery and equipment sector based in Bellary, Karnataka, India. It was incorporated on 25 May 2000 and is registered under CIN U85110KA2000PLC027141. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Karnataka Strips Limited reported revenue of ₹18.82 Cr for FY 2013 (down 45.29% YoY).
The current directors of Karnataka Strips Limited are:
- Ganga Bale Rai Kumar - Director
- Devesh Mithanlal Agarwal - Director
- Rajender Kumar Singhal - Managing Director
The CIN (Corporate Identification Number) of Karnataka Strips Limited is U85110KA2000PLC027141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnataka Strips Limited has open charges of ₹89.85 Cr and no satisfied charges on record as per latest MCA filings.