Mukesh Strips Limited
About Mukesh Strips Limited
Data last updated:
Mukesh Strips Limited is a public 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 31 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L27310PB1992PLC012160. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.04 Cr. It is led by directors including Pardeep Gupta and Krishan Chand Gupta.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Village Dhandari Khurdnear Phase VII Of Focal Point Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2016, the company reported a revenue of ₹20.04 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹8.02 Cr (net margin -40%) and EBITDA of -₹4.38 Cr (EBITDA margin -21.9%).
As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹10.4 Cr on record. Court records list 39 cases involving the company, including 30 filed by the company and 9 filed against it; 1 case is pending. The company has 3 deals on record (3 market trades); the latest was in February 2016. Its 4 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Vipul Bright Steels Private Limited with revenue of ₹20.25 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Mukesh Strips has one previous CIN (Corporate Identification Number): U27310PB1992PTC012160. The current CIN is L27310PB1992PLC012160, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27310PB1992PLC012160 | Current |
| U27310PB1992PTC012160 | Previous |
Contact details
Mukesh Strips Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressVillage Dhandari Khurdnear Phase VII Of Focal Point Ludhiana, Punjab, India – 141008
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mukesh 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 Mukesh 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 Mukesh Strips Limited, buy the company report.
Financials of Mukesh Strips Limited
FY 2016 filings availableMukesh Strips Limited reported revenue of ₹20.04 Cr (down 59% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 59% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹20.04 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹4.38 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹8.02 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -21.9% | |
| Net Profit Margin | -40% | |
| 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 Mukesh Strips Limited, buy the company report.
Board of directors of Mukesh Strips Limited
Mukesh Strips has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pardeep Gupta | Director | 31 Mar 1992 | 34 Years 6 Months | Current |
| Krishan Chand Gupta Also directs: Sharthak Steels Limited, Punjab Ispat Private Limited | Director | 30 May 2015 | 11 Years 4 Months | Current |
| Ashok Kumar Gupta Also directs: Mukesh Steels Limited | Director | 09 Dec 2002 | 23 Years 10 Months | Current |
| Sandeep Gupta | Director | 09 Dec 2002 | 23 Years 10 Months | Current |
| Arun Goyal Also directs: Punjab Ispat Private Limited, Mukesh Steels Limited | Director | 09 Dec 2002 | 23 Years 10 Months | Current |
| Rita Rani Also directs: Mukesh Steels Limited | Director | 25 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Mukesh Strips Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Vipul Bright Steels Private Limited | ₹20.25 Cr (FY 2025) | -2.0% | Pune, Maharashtra, India | |||
| Jaiambe Forge Engineers Private Limited | ₹20.25 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Mukesh Strips Limitedthis company | ₹20.04 Cr (FY 2016) | -₹8.02 Cr | -40% | -59.0% | Ludhiana, Punjab, India | |
| Om Forging & Engineering Pvt Ltd | ₹20.04 Cr (FY 2025) | 355.0% | Kolkata, West Bengal, India | |||
| Capatus Steel India Private Limited | ₹20.03 Cr (FY 2025) | 86.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Mukesh Strips Limited, buy the company report.
Auditor
Mukesh Strips Limited is audited by GUPTA VINOD KUMAR & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA VINOD KUMAR & ASSOCIATES | FY 2016 | 006904N |
Shareholding
The shareholding of Mukesh Strips Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mukesh Strips Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 1994 | 80014955 | State Bank of India | ₹16 Cr | Open | |
| 06 Mar 2008 | 10113223 | Punjab & Sind Bank | ₹1 Cr | Satisfied | |
| 19 Dec 2007 | 10082825 | Punjab and Sind Bank | ₹1 Cr | Satisfied | |
| 09 May 1994 | 80014956 | State Bank of India | ₹3.4 Cr | Satisfied | |
| 09 May 1994 | 80014959 | State Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Mukesh Strips Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Mukesh Strips Limited has 3 deals on record (3 market trades); the latest was in February 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Market trade | ₹11 Lakh | Seller: an individual |
| Oct 2015 | Market trade | ₹6.6 Lakh | Buyer: an individual Seller: an individual |
| Aug 2015 | Market trade | ₹5.6 Lakh | Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mukesh Strips Limited has 39 court cases on record: 30 filed by Mukesh Strips, 9 filed against it. 1 case is pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 7 | 0 |
| High courts | 9 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed by the company against M/S Swati Cast and Forge Private Limited | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Punjab State Power Corporation Ltd | Disposed |
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed against the company by M/S Swati Cast Forge Private Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Swati Cast and Forge Pvt Ltd | Disposed |
| District court, Faridabad, Haryana | Court case (C M APPLI) | Filed against the company by Ms Gill International Limited | Disposed |
To see the full case history of Mukesh 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 Mukesh Strips Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mukesh Strips has 1 associated company. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
Mukesh Strips has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mukesh Strips Limited, buy the company report.
Recent activity
Mukesh Strips Limited has 10 board changes on record since 1992: 8 appointments and 2 cessations. The latest: Deepak Gupta ceased to be Director on 25 Sep 2020.
13 earlier events are in the company report.
Frequently asked questions
Mukesh Strips is an active public 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 31 March 1992 (34+ years old) and is registered under CIN L27310PB1992PLC012160.
Mukesh Strips has 6 current directors:
- Pardeep Gupta - Director
- Krishan Chand Gupta - Director
- Ashok Kumar Gupta - Director
- Sandeep Gupta - Director
- Arun Goyal - Director
- Rita Rani - Director
The latest financial statements of Mukesh Strips on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Mukesh Strips has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mukesh Strips is L27310PB1992PLC012160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mukesh Strips is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Mukesh Strips has 39 court cases on record: 30 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.
Mukesh Strips was incorporated on 31 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chandigarh.
Mukesh Strips has 3 deals on record (3 market trades); the latest was in February 2016.
The peers of Mukesh Strips by revenue are Vipul Bright Steels Private Limited, Jaiambe Forge Engineers Private Limited, Om Forging & Engineering Pvt Ltd, Capatus Steel India Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Deepak Gupta ceased to be Director on 25 Sep 2020. Deepak Gupta was appointed as Director on 30 May 2015. Krishan Chand Gupta was appointed as Director on 30 May 2015. Mukesh Strips has 10 board changes on record in total.