- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0025039

About Saeco Strips Private Limited
Data last updated:
Saeco 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 08 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27104PB1995PTC016996. Its GSTIN is 03AAACG5950E1Z1 (Punjab). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It was formerly known as Saeco Strips Limited. It is led by directors including Davinder Singh and Kartar Singh.
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 Village Doraha Rampur Road Near Railway Crossing, Ludhiana, Punjab, India – 141421.
As per the financials filed for FY 2025, the company reported a revenue of ₹223.97 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Cr (net margin 0.6%) and EBITDA of ₹5.94 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.93 Cr and satisfied charges of ₹8.74 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.45 Cr; the latest was in January 2015. Its 5 peer companies in the Metals and Minerals industry (Farm Equipment, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Ridhi Sidhi Iron Private Limited with revenue of ₹225.3 Cr.
Saeco Strips Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0025039). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saecoagrotech.com.
Company details
CIN history
Saeco Strips has one previous CIN (Corporate Identification Number): U27104PB1995PLC016996. The current CIN is U27104PB1995PTC016996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104PB1995PTC016996 | Current |
| U27104PB1995PLC016996 | Previous |
Recognitions & Rankings of Saeco Strips
Contact details
Saeco Strips Private Limited's registered office is in Ludhiana, Punjab. Its website is saecoagrotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVillage Doraha Rampur Road Near Railway Crossing, Ludhiana, Punjab, India – 141421
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Saeco 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
Business activity
The main business activity of Saeco 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 Saeco Strips Private Limited, buy the company report.
Financials of Saeco Strips Private Limited
FY 2025 filings availableSaeco Strips Private Limited reported revenue of ₹223.97 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 10% growth in the latest year. EBITDA rose 25% 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 | ₹5.94 Cr | ||||
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| Net Profit (PAT) | ₹1.45 Cr | ||||
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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 | 2.7% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Saeco Strips Private Limited, buy the company report.
Board of directors of Saeco Strips Private Limited
Saeco Strips has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Davinder Singh | Director | 30 Nov 2004 | 21 Years 10 Months | Current |
| Kartar Singh | Director | 30 Nov 2004 | 21 Years 10 Months | Current |
| Sanraj Paul Singh | Director | 20 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Saeco Strips Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Farm Equipment, 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 |
|---|---|---|---|---|---|---|
| Ridhi Sidhi Iron Private Limited | ₹225.3 Cr (FY 2025) | 19.0% | Howrah, West Bengal, India | |||
| Dhruvdesh Metasteel Private Limited | ₹225.12 Cr (FY 2024) | -11.0% | Bangalore, Karnataka, India | |||
| Jagdish Ispat Private Limited | ₹224.12 Cr (FY 2025) | -1.0% | Raipur, Chhattisgarh, India | |||
| Saeco Strips Private Limitedthis company | ₹223.97 Cr (FY 2025) | ₹1.45 Cr | 0.6% | 10.0% | 66 | Ludhiana, Punjab, India |
| Parmeswari Strips Private Limited | ₹223.53 Cr (FY 2025) | -3.0% | Cuttack, Odisha, India | |||
| Sadashiv Castings Private Ltd | ₹223.35 Cr (FY 2025) | 7.0% | Chandigarh, India |
To see the full peer comparison of Saeco Strips Private Limited, buy the company report.
Auditor
Saeco Strips Private Limited is audited by SCV & Co.LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SCV & Co.LLP | FY 2023 | 000235N/N500089 |
Shareholding
The shareholding of Saeco 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 Saeco Strips Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2024 | 100909084 | Others | ₹59 Lakh | Open | |
| 24 Jul 2023 | 100756316 | Others | ₹7.5 Cr | Open | |
| 21 Aug 2021 | 100478368 | Others | ₹3.5 Cr | Open | |
| 29 Aug 2020 | 100371130 | Others | ₹1.05 Cr | Open | |
| 24 Jun 2020 | 100350276 | Others | ₹19.75 Cr | Open |
To see the full charge records of Saeco Strips Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Saeco Strips Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.45 Cr; the latest was in January 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Funding round | ₹2.5 Cr | Investors: 3 individuals |
| Apr 2013 | Funding round | ₹94.8 Lakh | Investors: Saeco Steel Rolling Mills, 3 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Kartar Singh HUF, Davinder Singh HUF, 2 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saeco Strips Private Limited has 7 court cases on record: 7 filed by Saeco Strips. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed by the company against Punjab State Power Corporation Ltd and Ors | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Baba Karam Singh Enterprises | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Shri Venkatesh Tractors | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against State of Punjab & Ors | Disposed |
To see the full case history of Saeco 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.
Credit ratings & regulatory alerts
Saeco Strips Private Limited was last rated by Care on 01 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Apr 2022 |
To see the full credit ratings and regulatory alerts of Saeco Strips Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saeco Strips Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saeco Strips Private Limited has a workforce of 66 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Saeco Strips has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACG5950E1Z1 | Punjab | Active | 01 Jul 2017 |
| 03AAICS0981R1ZT | Punjab | Active | 01 Jul 2017 |
| 03AAICS0981R1D2 | Punjab | Active | 08 Nov 2024 |
| 37AAICS0981R1ZI | Andhra Pradesh | Active | 06 Oct 2017 |
To see the full GST registrations and return filing status of Saeco Strips Private Limited, buy the company report.
Recent activity
Saeco Strips Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Kartar Singh ceased to be Director on 30 Jun 2024.
8 earlier events are in the company report.
Frequently asked questions
Saeco 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 08 September 1995 (31+ years old) and is registered under CIN U27104PB1995PTC016996.
Saeco Strips has 3 current directors:
- Davinder Singh - Director
- Kartar Singh - Director
- Sanraj Paul Singh - Director
The latest financial statements of Saeco 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 Saeco Strips is 03AAACG5950E1Z1, registered in Punjab. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 03AAICS0981R1ZT (Punjab), 03AAICS0981R1D2 (Punjab), 37AAICS0981R1ZI (Andhra Pradesh).
The CIN (Corporate Identification Number) of Saeco Strips is U27104PB1995PTC016996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saeco Strips has 7 court cases on record: 7 filed by the company. Most are in the district courts.
Saeco Strips was incorporated on 08 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
Saeco Strips has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.45 Cr; the latest was in January 2015.
The peers of Saeco Strips by revenue are Ridhi Sidhi Iron Private Limited, Dhruvdesh Metasteel Private Limited, Jagdish Ispat Private Limited, Parmeswari Strips Private Limited, Sadashiv Castings Private Ltd, all in the Metals and Minerals industry (Farm Equipment, Steel), with the same principal business activity (metal and metal products).
Kartar Singh ceased to be Director on 30 Jun 2024. Harinder Pal Kaur ceased to be Director on 20 Dec 2011. Sanraj Paul Singh was appointed as Director on 20 Dec 2011. Saeco Strips has 5 board changes on record in total.
Yes, Saeco Strips is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0025039).