S G Strips Limited
About S G Strips Limited
Data last updated:
S G Strips Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 June 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1994PLC052024. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.69 Cr. It was formerly known as Shree Gal Engneerng Works Ltd. It is led by directors including Moloy Dasgupta and Pronab Gangully.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 8 Bentinck Street Taher Mansion Room No – 3 Mezanine Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2023, the company reported a revenue of ₹75.46 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹6.65 Cr (net margin -8.8%) and EBITDA of -₹6.63 Cr (EBITDA margin -8.8%). Revenue has declined at a compounded annual rate (CAGR) of 175% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹28.1 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
S G Strips has one previous CIN (Corporate Identification Number): L27109WB1994PLC052024. The current CIN is U27109WB1994PLC052024, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109WB1994PLC052024 | Current |
| L27109WB1994PLC052024 | Previous |
Contact details
S G Strips Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 Bentinck Street Taher Mansion Room No – 3 Mezanine Floor, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of S G 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 S G Strips is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of S G Strips Limited, buy the company report.
Financials of S G Strips Limited
FY 2023 filings availableS G Strips Limited reported revenue of ₹75.46 Cr (up 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 37% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹75.46 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.65 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.8% | ||||
| Net Profit Margin | -8.8% | ||||
| 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 S G Strips Limited, buy the company report.
Board of directors of S G Strips Limited
S G Strips has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramendra Nath Mondal Also directs: Ranisati Industries Ltd, CMG Ductiles Limited, Burdwan Iron & Steel Company Pvt Ltd and 1 more | Additional Director | 14 Nov 2009 | 16 Years 11 Months | Current |
| Moloy Dasgupta Also directs: Ranisati Industries Ltd, CMG Ductiles Limited, Kaveri Vintrade Private Limited and 3 more | Director | 15 Jun 2019 | 7 Years 4 Months | Current |
| Pronab Gangully Also directs: Ranisati Industries Ltd, CMG Ductiles Limited, Burdwan Iron & Steel Company Pvt Ltd and 4 more | Director | 15 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
S G Strips Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Metal 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 |
|---|---|---|---|---|---|---|
| Kalamboli Iron and Steel Yard Private Limited | ₹75.73 Cr (FY 2024) | -15.0% | Mumbai, Maharashtra, India | |||
| Tristar Epc and Mercantile Services Private Limited | ₹75.71 Cr (FY 2025) | -25.0% | Bhubaneswar, Odisha, India | |||
| SRDM Sales Private Limited | ₹75.64 Cr (FY 2024) | 58.0% | Delhi, India | |||
| Shri Bhagatjee Ispat Limited | ₹75.62 Cr (FY 2025) | 147.0% | Durgapur, West Bengal, India | |||
| Simran Industries Private Limited | ₹75.54 Cr (FY 2025) | 11.0% | Raipur, Chhattisgarh, India | |||
| S G Strips Limitedthis company | ₹75.46 Cr (FY 2023) | -₹6.65 Cr | -8.8% | 37.0% | Kolkata, West Bengal, India | |
| Goyal Global Metalmart Private Limited | ₹75.37 Cr (FY 2024) | 54.0% | Raipur, Chhattisgarh, India | |||
| Kusum Multitrade Private Limited | ₹75.23 Cr (FY 2017) | 89.0% | Thane, Maharashtra, India | |||
| SSK Iron and Steels Private Limited | ₹75.09 Cr (FY 2024) | -23.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of S G Strips Limited, buy the company report.
Auditor
S G Strips Limited is audited by Dipika Sethia And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dipika Sethia And Associates | FY 2023 | 332483E |
Shareholding
The shareholding of S G Strips 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of S G Strips Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 1995 | 90251812 | Allahabad Bank | ₹28.1 Cr | Open |
To see the full charge records of S G Strips Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
S G Strips Limited has 13 court cases on record: 9 filed by S G Strips, 4 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 1 | 0 |
| District courts | 3 | 3 | 3 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Ifci Factors Ltd. | Pending |
| High Court | Writ petition | Filed by the company against C. E. S. C. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of S G 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 S G Strips Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S G 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 S G Strips Limited, buy the company report.
Recent activity
S G Strips Limited has 15 board changes on record since 2007: 3 appointments and 12 cessations. The latest: Moloy Dasgupta ceased to be Additional Director on 28 Sep 2019.
8 earlier events are in the company report.
Frequently asked questions
S G Strips is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 June 1991 (35+ years old) and is registered under CIN U27109WB1994PLC052024.
S G Strips has 3 current directors:
- Ramendra Nath Mondal - Additional Director
- Moloy Dasgupta - Director
- Pronab Gangully - Director
The latest financial statements of S G Strips on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. S G Strips has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of S G Strips is U27109WB1994PLC052024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S G Strips has 13 court cases on record: 9 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.
S G Strips was incorporated on 12 June 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of S G Strips by revenue are Kalamboli Iron and Steel Yard Private Limited, Tristar Epc and Mercantile Services Private Limited, SRDM Sales Private Limited, Shri Bhagatjee Ispat Limited, Simran Industries Private Limited and 3 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Moloy Dasgupta ceased to be Additional Director on 28 Sep 2019. Pronab Gangully ceased to be Additional Director on 28 Sep 2019. Moloy Dasgupta was appointed as Director on 15 Jun 2019. S G Strips has 15 board changes on record in total.
The registered office of S G Strips is at 8 Bentinck Street Taher Mansion Room No – 3 Mezanine Floor, Kolkata, West Bengal, India – 700001.
S G Strips operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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