About Real Strips Limited
Data last updated:
Real Strips Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 September 1990.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L27100GJ1990PLC014383. Its GSTIN is 24AABCR2893N2ZX (Gujarat). The company held 2 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 18 Apr 2022 · voluntary delisting, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹5.98 Cr. It was formerly known as Real Tubes Pvt Ltd. It was led by directors including Prakashraj Sheshmalji Jain (Managing Director) and Ramcharan Nathmal Beriwala (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Survey No: 245 – 246 Village Sari Ahmedabad – Bavla Highway Taluka Sanand, Gujarat, India – 382220.
As per the financials filed for FY 2020, the company reported a revenue of ₹106.74 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹4.55 Cr (net margin 4.3%) and EBITDA of ₹18.88 Cr (EBITDA margin 17.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 21% over five years.
The company was associated with 1 brand: Real Strips. As per MCA filings, the company had satisfied charges of ₹185.67 Cr on record. Court records list 43 cases involving the company, including 34 filed by the company and 11 filed against it; 3 cases are pending. The company has 85 deals on record (85 market trades); the latest was in October 2017. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 3 smaller; the largest is Reby Castings Private Limited with revenue of ₹107.19 Cr.
The last known website on record is realstrips.com.
Company details
CIN history
Real Strips has one previous CIN (Corporate Identification Number): U27100GJ1990PLC014383. The current CIN is L27100GJ1990PLC014383, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27100GJ1990PLC014383 | Current |
| U27100GJ1990PLC014383 | Previous |
Contact details
Real Strips Limited's registered office is in Ahmedabad, Gujarat. Its website is realstrips.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No: 245 – 246 Village Sari Ahmedabad – Bavla Highway Taluka Sanand, Gujarat, India – 382220
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Real 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
Brands
Real Strips operates one associated brand: Real Strips. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel strips are manufactured and supplied in Ahmedabad, India. | realstrips.com |
Business activity
The main business activity of Real 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 Real Strips Limited, buy the company report.
Financials of Real Strips Limited
FY 2020 filings availableReal Strips Limited reported revenue of ₹106.74 Cr (down 20% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 20% fall in the latest year. EBITDA fell 61% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹106.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.55 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 Real Strips Limited, buy the company report.
Board of directors and KMP of Real Strips Limited
Real Strips Limited currently reports 5 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakashraj Sheshmalji Jain | Managing Director | 01 Jun 2014 | 12 Years 4 Months | As last reported |
| Alpa Ashesh Shah | Director | 13 Feb 2018 | 8 Years 8 Months | As last reported |
| Ramcharan Nathmal Beriwala Also directs: Ashtvinayak Metals Private Limited | Whole-Time Director | 13 Feb 2019 | 7 Years 8 Months | As last reported |
| Amol Rohitbhai Dalal Also directs: Raajratna Metal Industries Ltd | Director | 17 Jan 2019 | 7 Years 9 Months | As last reported |
| Pawan Kumar Murarka Also directs: Marudhar Industries Limited, Parixit Irrigation Limited, Chandresh Cables Limited and 5 more | Director | 30 Oct 2003 | 22 Years 11 Months | As last reported |
| Binal Dharmeshkumar Patel | Company Secretary | 14 Jun 2019 | 7 Years 4 Months | As last reported |
Peer comparison
Real Strips 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 |
|---|---|---|---|---|---|---|
| Reby Castings Private Limited | ₹107.19 Cr (FY 2025) | -20.0% | Bhiwadi, Rajasthan, India | |||
| Mascom Steel (India) Private Limited | ₹107.18 Cr (FY 2023) | 5.0% | Ernakulam, Kerala, India | |||
| Emirates Steel Tubes Private Limited | ₹107 Cr (FY 2025) | 29.0% | Cherthala, Kerala, India | |||
| Stellinox Stainless Private Limited | ₹106.86 Cr (FY 2025) | 703.0% | Ahmedabad, Gujarat, India | |||
| Real Strips Limitedthis company | ₹106.74 Cr (FY 2020) | ₹4.55 Cr | 4.3% | -20.0% | Ahmedabad, Gujarat, India | |
| K B Sponge Iron Limited | ₹106.52 Cr (FY 2024) | -50.0% | Kolkata, West Bengal, India | |||
| Maniram Steel Private Limited | ₹106.48 Cr (FY 2025) | 1.0% | Raipur, Chhattisgarh, India | |||
| Ambey Metallic Private Limited | ₹106.35 Cr (FY 2025) | -8.0% | Pissurlem, Goa, India |
To see the full peer comparison of Real Strips Limited, buy the company report.
Auditor
Real Strips Limited is audited by HITESH PRAKASH SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESH PRAKASH SHAH & CO | FY 2020 | 127614W |
Shareholding
The shareholding of Real Strips Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Real Strips Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2012 | 10350084 | Union Bank of India | ₹5 Cr | Satisfied | |
| 29 May 2007 | 10070721 | Union Bank of India | ₹2 Cr | Satisfied | |
| 12 Jul 2006 | 10010094 | Union Bank of India Limited | ₹1.5 Cr | Satisfied | |
| 24 Jan 2005 | 90096168 | State Bank of India | ₹16.5 Cr | Satisfied | |
| 16 Aug 2004 | 90095399 | Union Bank of India, | ₹142.22 Cr | Satisfied |
To see the full charge records of Real Strips Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Real Strips Limited has 85 deals on record (85 market trades); the latest was in October 2017.
Deals on record (5 of 85)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Market trade | ₹1.12 Cr | Buyer: Vinay Alloy Steels Pvt Ltd , Sanskar Metals Private Limited , Kataria Metals and Alloys Pvt Ltd Seller: Raajratna Metal Industries Ltd , 3 individuals |
| Feb 2016 | Market trade | ₹11.5 Lakh | Buyer: Trunkey Dealers Private Limited Seller: Lepid Securities Private Limited |
| Jun 2014 | Market trade | ₹28 Lakh | Buyer: Lepid Securities Private Limited Seller: Trunkey Dealers Private Limited |
| Mar 2014 | Market trade | ₹39.7 Lakh | Buyer: an individual Seller: Singhal Products India Private Limited |
| Mar 2014 | Market trade | ₹18.8 Lakh | Buyer: an individual Seller: Singhal Products India Private Limited |
To see the full deal history of Real Strips Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Real Strips Limited has 43 court cases on record: 34 filed by Real Strips, 11 filed against it. 3 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 3 | 1 |
| High courts | 13 | 5 | 1 |
| NCLT | 2 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed against the company by Union of India | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Mr. Ramchandra D Choudhary Resolution Professional of Real Strips Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Committee of Creditors of Real Strips Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Ramchandra D Choudhary RP of Real Strips Ltd | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Committee of Creditors of Real Strips Ltd | Disposed |
To see the full case history of Real 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 Real Strips Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Real Strips has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCR2893N2ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Real Strips Limited, buy the company report.
Recent activity
Real Strips Limited has 28 board changes on record since 1990: 17 appointments and 11 cessations. The latest: Amritlal Kisandas Kataria ceased to be Director on 26 Oct 2020.
50 earlier events are in the company report.
Frequently asked questions
Real Strips has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Real Strips was a public limited company based in Ahmedabad, Gujarat, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 September 1990 and is registered under CIN L27100GJ1990PLC014383. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Real Strips was incorporated on 19 September 1990. It is registered with the Registrar of Companies, Ahmedabad.
Real Strips had 6 directors and KMP:
- Prakashraj Sheshmalji Jain - Managing Director
- Ramcharan Nathmal Beriwala - Whole-Time Director
- Alpa Ashesh Shah - Director
- Amol Rohitbhai Dalal - Director
- Pawan Kumar Murarka - Director
- Binal Dharmeshkumar Patel - Company Secretary
The CIN (Corporate Identification Number) of Real Strips is L27100GJ1990PLC014383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Real Strips is recorded as a listed company by MCA, but its shares were delisted from BSE on 18 Apr 2022 · voluntary delisting, and no longer trade on a stock exchange.
The registered office of Real Strips is at Survey No: 245 – 246 Village Sari Ahmedabad – Bavla Highway Taluka Sanand, Gujarat, India – 382220.
Real Strips can be reached through the website realstrips.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Real Strips on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 26 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Real Strips is 24AABCR2893N2ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Real Strips operated in the metals and minerals industry, in the steel manufacturing and processing segment.