Shraman Strips Pvt Ltd
About Shraman Strips Pvt Ltd
Data last updated:
Shraman Strips Pvt Ltd is a private limited company based in Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 03 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27106PB1988PTC008076. Its GSTIN is 03AACCS1629L1ZG (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹57.45 Lakh. It is led by directors Satish Jain and Janeshwar Kumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 997/18 Vishkarma Colonynear Sangeet Theater Ludhiana, Punjab, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹29.67 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹12.65 Lakh (net margin 0.4%) and EBITDA of ₹2.05 Cr (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.08 Cr and satisfied charges of ₹5 Cr on record. Court records list 18 cases involving the company, including 2 filed by the company and 16 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shraman Strips Pvt Ltd's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address997/18 Vishkarma Colonynear Sangeet Theater Ludhiana, Punjab, India
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Shraman Strips Pvt Ltd, 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 Shraman 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 Shraman Strips Pvt Ltd, buy the company report.
Financials of Shraman Strips Pvt Ltd
FY 2019 filings availableShraman Strips Pvt Ltd reported revenue of ₹29.67 Cr (up 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA fell 11% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹29.67 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.65 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Shraman Strips Pvt Ltd, buy the company report.
Board of directors of Shraman Strips Pvt Ltd
Shraman Strips has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Jain | Director | 03 Mar 1988 | 38 Years 8 Months | Current |
| Janeshwar Kumar Jain | Director | 03 Mar 1988 | 38 Years 8 Months | Current |
Peer comparison
Shraman Strips Pvt Ltd is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Hi-Tech Abrasives Limited. | ₹29.96 Cr (FY 2019) | 55.0% | Raipur, Chhattisgarh, India | |||
| Alembic Metals Private Limited | ₹29.69 Cr (FY 2025) | 7.0% | Jodhpur, Rajasthan, India | |||
| Morya Steel Private Limited | ₹29.67 Cr (FY 2025) | 10.0% | Jalna, Maharashtra, India | |||
| Shraman Strips Pvt Ltdthis company | ₹29.67 Cr (FY 2019) | ₹12.65 Lakh | 0.4% | 5.0% | 2 | Punjab, India |
| Lakshman Ispat Private Limited | ₹29.61 Cr (FY 2025) | -12.0% | Howrah, West Bengal, India | |||
| Dharam Structures Private Limited | ₹29.53 Cr (FY 2024) | 96.0% | Gurugram, Haryana, India |
To see the full peer comparison of Shraman Strips Pvt Ltd, buy the company report.
Auditor
Shraman Strips Pvt Ltd is audited by V K J ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K J ASSOCIATES | FY 2019 | 002726N |
Shareholding
The shareholding of Shraman Strips Pvt Ltd is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shraman Strips Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2018 | 100212575 | Others | ₹5 Cr | Open | |
| 04 Jun 2015 | 10576235 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 06 Apr 2015 | 10571315 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 22 Aug 2003 | 80027752 | State Bank of Patiala | ₹11.88 Cr | Open | |
| 06 Apr 2007 | 10046749 | State Bank of Patiala | ₹4.5 Cr | Satisfied |
To see the full charge records of Shraman Strips Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shraman Strips Pvt Ltd has 18 court cases on record: 2 filed by Shraman Strips, 16 filed against it. 4 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 15 | 4 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Idfc First Bank Limited | Disposed |
| High Court, CHANDIGARH (UT) | Writ petition | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Indusind Bank Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
To see the full case history of Shraman Strips Pvt Ltd, 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
Shraman Strips Pvt Ltd was last rated by Icra on 15 Oct 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Oct 2018 |
To see the full credit ratings and regulatory alerts of Shraman Strips Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shraman Strips Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shraman Strips Pvt Ltd has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Shraman Strips has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCS1629L1ZG | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shraman Strips Pvt Ltd, buy the company report.
Recent activity
Shraman Strips Pvt Ltd has 3 board changes on record since 1988: 2 appointments and 1 cessation. The latest: Hakumat Rai ceased to be Director on 21 Feb 2012.
5 earlier events are in the company report.
Frequently asked questions
Shraman Strips is an active private limited company based in Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 03 March 1988 (38+ years old) and is registered under CIN U27106PB1988PTC008076.
Shraman Strips has 2 current directors:
- Satish Jain - Director
- Janeshwar Kumar Jain - Director
The latest financial statements of Shraman Strips on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Shraman Strips is 03AACCS1629L1ZG, registered in Punjab.
The CIN (Corporate Identification Number) of Shraman Strips is U27106PB1988PTC008076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shraman Strips has 18 court cases on record: 2 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.
Shraman Strips was incorporated on 03 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Shraman Strips by revenue are Hi-Tech Abrasives Limited, Alembic Metals Private Limited, Morya Steel Private Limited, Lakshman Ispat Private Limited, Dharam Structures Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Hakumat Rai ceased to be Director on 21 Feb 2012. Janeshwar Kumar Jain was appointed as Director on 03 Mar 1988. Satish Jain was appointed as Director on 03 Mar 1988.
The registered office of Shraman Strips is at 99718 Vishkarma Colonynear Sangeet Theater Ludhiana, Punjab, India.
Shraman Strips operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
