MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0066802
Monga Strips Private Limited - metals and minerals in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹43.72 Cr
▼ 8% YoY
Net profit · FY 2024
₹29.44 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹86.61 Lakh
EBITDA margin 2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹38.31 Lakh
Issued & subscribed
Open charges
₹43.07 Lakh
Secured borrowings
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings
About Monga Strips Private Limited
Data last updated:
Monga Strips Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 03 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1988PTC008591. Its GSTIN is 03AACCS4591B1ZQ (Punjab).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹38.31 Lakh. It was formerly known as Saini Motors Leasing and Investment Limited and Monga Strips Limited. It is led by directors Rohit Gupta and Mohit Gupta.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at SCO 1 A 816 Lndustrial Area – B Partap Chowk, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.72 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹29.44 Lakh (net margin 0.7%) and EBITDA of ₹86.61 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company is associated with 1 brand: Monga Strips. As per MCA filings, the company has open charges of ₹43.07 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Monga Strips Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0066802). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mongastrips.com.
Company details
CIN U65921PB1988PTC008591
Registration Number 008591
Incorporation Date 03 August 1988
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0066802
Name history
Monga Strips has undergone 2 name changes throughout its history. The company was previously known as Saini Motors Leasing And Investment Limited, and Monga Strips Limited. The current legal name is Monga Strips Private Limited.
| Company Name | Status |
|---|---|
| Monga Strips Private Limited | Current |
| Saini Motors Leasing And Investment Limited | Previous |
| Monga Strips Limited | Previous |
CIN history
Monga Strips has one previous CIN (Corporate Identification Number): U65921PB1988PLC008591. The current CIN is U65921PB1988PTC008591, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1988PTC008591 | Current |
| U65921PB1988PLC008591 | Previous |
Key People
Rohit Gupta Director Mohit Gupta Director Recognitions & Rankings of Monga Strips
Contact details
Monga Strips Private Limited's registered office is in Ludhiana, Punjab. Its website is mongastrips.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSCO 1 A 816 Lndustrial Area – B Partap Chowk, Ludhiana, Punjab, India – 141001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Monga Strips Private Limited, buy the company report.
Comprehensive company report
Monga Strips Private Limited - one report that includes everything
- 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
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Brands
Monga Strips operates one associated brand: Monga Strips. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of steel products | mongastrips.com |
Business activity
The main business activity of Monga 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 Monga Strips Private Limited, buy the company report.
Financials of Monga Strips Private Limited
FY 2024 filings availableMonga Strips Private Limited reported revenue of ₹43.72 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹43.72 Cr ▼ 8%
Net profit · FY 2024
₹29.44 Lakh margin 0.7%
EBITDA · FY 2024
₹86.61 Lakh margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 18%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 1%
5 years · compounded
▲ 46%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹86.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Monga Strips Private Limited, buy the company report.
Board of directors of Monga Strips Private Limited
Monga Strips has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Gupta Also directs: Teg Financial Services Private Limited, Mooncase Private Limited, Amazon Apparels Private Limited and 4 more | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
| Mohit Gupta Also directs: Teg Financial Services Private Limited, Mooncase Private Limited, Amazon Apparels Private Limited and 4 more | Director | 18 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Monga Strips Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Hindustan Ferro Alloy Industries Private Limited | ₹44.11 Cr (FY 2025) | -25.0% | Pune, Maharashtra, India | |||
| Suncity Metal Private Limited | ₹44.01 Cr (FY 2019) | 19.0% | Ahmedabad, Gujarat, India | |||
| Ashirwad Ispat (Ryp) Private Limited | ₹43.92 Cr (FY 2025) | -28.0% | Raipur, Chhattisgarh, India | |||
| North Eastern Steel Pvt Ltd | ₹43.84 Cr (FY 2025) | -24.0% | Guwahati, Assam, India | |||
| Monga Strips Private Limitedthis company | ₹43.72 Cr (FY 2024) | ₹29.44 Lakh | 0.7% | -8.0% | Ludhiana, Punjab, India | |
| Har Shree Nath Multi Trade Private Limited | ₹43.63 Cr (FY 2019) | -54.0% | Mumbai, Maharashtra, India | |||
| Harilaxmi Alloys Private Limited | ₹43.59 Cr (FY 2024) | -17.0% | Aligarh, Uttar Pradesh, India | |||
| Shamli Steels Private Limited | ₹43.58 Cr (FY 2025) | -86.0% | Prashant Vihar, Delhi, India |
To see the full peer comparison of Monga Strips Private Limited, buy the company report.
Auditor
Monga Strips Private Limited is audited by M.P Goyal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.P Goyal & Co. | FY 2023 | 000962N |
Shareholding
The shareholding of Monga Strips Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Monga Strips Private Limited, buy the company report.
Charges & borrowings
Open charges
₹43.07 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2023 | 100761228 | Hdfc Bank Limited | ₹43.07 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Monga Strips Private Limited has 2 court cases on record: 1 filed by Monga Strips, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Monga Strips Private 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 Monga Strips Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Monga Strips has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCS4591B1ZQ | Punjab | Active | 07 Dec 2017 |
To see the full GST registrations and return filing status of Monga Strips Private Limited, buy the company report.
Recent activity
Monga Strips Private Limited has 10 board changes on record since 2003: 6 appointments and 4 cessations. The latest: Vishvanath ceased to be Director on 22 Jun 2021.
AGM
Monga Strips Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Monga Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 100761228 was registered on 22 May 2023.
Ceased
Vishvanath ceased to be Director.
Ceased
Ajay Kumar ceased to be Director.
Appointed
Vishvanath was appointed as Director.
Appointed
Rohit Gupta was appointed as Director.
Ceased
Vijay Kumar Bansal ceased to be Director.
Ceased
Rajesh Kumar ceased to be Director.
Appointed
Mohit Gupta was appointed as Director.
Appointed
Ajay Kumar was appointed as Director.
Appointed
Rajesh Kumar was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Monga Strips is an active private limited company based in Ludhiana, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 03 August 1988 (38+ years old) and is registered under CIN U65921PB1988PTC008591.
Monga Strips has 2 current directors:
- Rohit Gupta - Director
- Mohit Gupta - Director
The latest financial statements of Monga Strips on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Monga Strips is 03AACCS4591B1ZQ, registered in Punjab.
The CIN (Corporate Identification Number) of Monga Strips is U65921PB1988PTC008591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monga Strips has 2 court cases on record: 1 filed by the company and 1 filed against it.
Monga Strips was incorporated on 03 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Monga Strips by revenue are Hindustan Ferro Alloy Industries Private Limited, Suncity Metal Private Limited, Ashirwad Ispat (Ryp) Private Limited, North Eastern Steel Pvt Ltd, Har Shree Nath Multi Trade Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Vishvanath ceased to be Director on 22 Jun 2021. Ajay Kumar ceased to be Director on 13 Dec 2019. Vishvanath was appointed as Director on 13 Dec 2019. Monga Strips has 10 board changes on record in total.
Yes, Monga Strips is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0066802).
Monga Strips can be reached through the website mongastrips.com. Its registered office is in Ludhiana, Punjab, India.