Northern Strips Private Limited
About Northern Strips Private Limited
Data last updated:
Northern Strips Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Northern Coating Private Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 21 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27105DL1992PTC048409. Its GSTIN is 07AAACN0642C3Z1 (Delhi). The company holds 9 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.52 Lakh. It was formerly known as Northern Strips Limited. It is led by directors Sushil Gupta and Sandeep Bansal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Central Market West Punjabi Bagh, New Delhi, Delhi, India – 110026.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.22 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹3.34 Lakh (net margin -19.4%) and EBITDA of ₹1.15 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹94 Cr and satisfied charges of ₹71.55 Cr on record. Court records list 16 cases involving the company, including 9 filed by the company and 7 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Northern Strips has one previous CIN (Corporate Identification Number): U27105DL1992PLC048409. The current CIN is U27105DL1992PTC048409, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27105DL1992PTC048409 | Current |
| U27105DL1992PLC048409 | Previous |
Contact details
Northern Strips Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Central Market West Punjabi Bagh, New Delhi, Delhi, India – 110026
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Northern Strips Private 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
Financials of Northern Strips Private Limited
FY 2025 filings availableNorthern Strips Private Limited reported revenue of ₹17.22 Lakh (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 59% fall in the latest year. EBITDA fell 94% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | -19.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Northern Strips Private Limited, buy the company report.
Board of directors of Northern Strips Private Limited
Northern Strips has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Gupta Also directs: Northern Coating Private Limited, Allied Poles India LLP | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
| Sandeep Bansal | Director | 28 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Northern Strips Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Industrial Packaging, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shankar Vanijya Private Limited | ₹17.31 Lakh (FY 2025) | -62.0% | Kolkata, West Bengal, India | |||
| Eden Textiles Private Limited | ₹17.25 Lakh (FY 2025) | 46.0% | Varnasi, Uttar Pradesh, India | |||
| Northern Strips Private Limitedthis company | ₹17.22 Lakh (FY 2025) | -₹3.34 Lakh | -19.4% | -59.0% | New Delhi, Delhi, India | |
| Fulima Texworld Private Limited | ₹17.15 Lakh (FY 2025) | -62.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Northern Strips Private Limited, buy the company report.
Auditor
Northern Strips Private Limited is audited by RAVI K AGGARWAL &ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI K AGGARWAL &ASSOCIATES | FY 2023 | 015618N |
Shareholding
The shareholding of Northern Strips Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Northern Strips Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2024 | 100961861 | Others | ₹49 Cr | Open | |
| 24 Jul 2024 | 100962512 | Others | ₹45 Cr | Open | |
| 18 Jun 2021 | 100475584 | The Hongkong and Shanghai Banking Corporation Limited | ₹26.5 Cr | Satisfied | |
| 30 Mar 2021 | 100438385 | Karnataka Bank Ltd. | ₹2.4 Cr | Satisfied | |
| 19 Jul 2017 | 100113332 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Northern Strips Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Northern Strips Private Limited has 16 court cases on record: 9 filed by Northern Strips, 7 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 4 | 0 |
| District courts | 6 | 2 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Indian Oil Corporation Ltd | Disposed |
| District court, West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Deputy Commissioner of Income Tax Circle 16-1 & Anr. | Disposed |
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Northern 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 Northern Strips Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Northern Strips Private Limited has 1 active EPFO establishment as of Mar 22, 2024.
GST
Northern Strips has 9 GST registrations: 2 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACN0642C3Z1 | Delhi | Active | 22 Aug 2017 |
| 27AAACN0642C1Z1 | Maharashtra | Active | 10 Jul 2023 |
To see the full GST registrations and return filing status of Northern Strips Private Limited, buy the company report.
Recent activity
Northern Strips Private Limited has 11 board changes on record since 2010: 2 appointments and 9 cessations. The latest: Sandeep Bansal was appointed as Director on 28 Mar 2025.
25 earlier events are in the company report.
Frequently asked questions
Northern Strips is an active private limited company based in New Delhi, Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 21 April 1992 (34+ years old) and is registered under CIN U27105DL1992PTC048409.
Northern Strips has 2 current directors:
- Sushil Gupta - Director
- Sandeep Bansal - Director
The latest financial statements of Northern Strips on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Northern Strips is 07AAACN0642C3Z1, registered in Delhi. The company has 9 GST registrations in all, of which 2 are active and 7 are cancelled or inactive. Other active GSTINs include 27AAACN0642C1Z1 (Maharashtra).
The CIN (Corporate Identification Number) of Northern Strips is U27105DL1992PTC048409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Northern Strips has 16 court cases on record: 9 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Northern Strips was incorporated on 21 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Northern Strips by revenue are Shankar Vanijya Private Limited, Eden Textiles Private Limited, Fulima Texworld Private Limited, all in the Consumer Products industry (Industrial Packaging, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sandeep Bansal was appointed as Director on 28 Mar 2025. Praveen Bansal ceased to be Additional Director on 30 Sep 2022. Ashok Kumar Sharma ceased to be Director on 16 May 2019. Northern Strips has 11 board changes on record in total.
The registered office of Northern Strips is at 1 Central Market West Punjabi Bagh, New Delhi, Delhi, India – 110026.
Northern Strips operates in the home and lifestyle industry, in the textile retail and distribution segment.