Steel Strips Ltd - Company Profile

It is a automotive public limited company based in Sangrur, Punjab, India, established in 1975.
1975 Sangrur, Punjab, India Amalgamated
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About Steel Strips Ltd

Steel Strips Ltd, a amalgamated public limited company, was established on 23 December 1975 in Sangrur, Punjab, India. Engaging in auto parts & components within the automotive sector, it holds CIN: L45202PB1975PLC003610. Registered under ROC Roc Chandigarh. it is listed on BSE: 504717. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹8.28 Cr.

It upholds a compliant status. Employing 1 professional, Its leadership includes Humesh Kumar Singhal (Director), Rajinder Kumar Garg (Director), Madan Mohan Chopra (Director). Past directors included Divya Gupta, Ashutosh, Vishal Mishra. It holds no open charges and ₹104.93 Cr settled loans. Its latest AGM occurred on 29 December 2020, with the balance sheet filed on 31 March 2020. It is based at Village Harkishanpura Bhawanigarh Teh, Sangrur, Punjab, 148026.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L45202PB1975PLC003610

  • Registration Number

    003610

  • Incorporation Date

    23 December 1975

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹8.28 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed (BSE: 504717)

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.28 Cr
  • Company Age 50 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 104.93 Cr
  • Revenue Growth **** -99.92%
  • Profit Growth **** -147.12%
  • Ebitda **** -67.51%
  • Net Worth -657.60%
  • Total Assets -55.62%
Company report

Steel Strips Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Steel Strips Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Steel Strips Ltd?
Current Directors
Name Designation Appointment Date Status
Humesh Kumar Singhal Director 21 Feb 2000 Current
Rajinder Kumar Garg Director 26 Dec 1975 Current
Madan Mohan Chopra Director 28 Nov 1994 Current
Manju Lakhanpal Director 14 Mar 2015 Current
Surinder Singh Virdi Director 04 Mar 1982 Current
Sanjay Garg Whole-Time Director 28 Nov 1994 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Chief Financial Officer - Past
Pramod Abcsdd Chief Financial Officer - Past
Pramod Abcsdd Director 14 Aug 2017 Past
Pramod Abcsdd Secretary - Past
Pramod Abcsdd Additional Director 29 Sep 2015 Past

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Financial Performance of Steel Strips.

Steel Strips Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 99.92% decrease. The company also saw a substantial fall in profitability, with a 147.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 657.6%.

Steel Strips revenue growth over time
Steel Strips profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -99.92%
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Revenue from Operations
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Total Assets
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 -55.62%
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Profit or Loss
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 -147.12%
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Net Worth
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 -657.60%
*******
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*******
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EBITDA
*******
 -67.51%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Steel Strips?

In 2020, Steel Strips had a promoter holding of 33.43% and a public holding of 66.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,049,300,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of Patiala : 53.00 Cr
  • State Bank Of Patiala : 31.70 Cr
  • Standard And Charterd Bank : 7.00 Cr
  • Oriental Bank Of Commerce : 6.90 Cr
  • Indian Bank : 2.50 Cr
  • Others : 3.83 Cr
Latest Charge Details
Date Lender Amount Status
19 Apr 1999 State Bank Of Patiala ₹53.00 Cr Satisfied
16 Nov 1995 Indian Bank ₹2.50 Cr Satisfied
01 Nov 1995 Oriental Bank Of Commerce ₹6.90 Cr Satisfied
01 Feb 1991 State Bank Of India ₹1.83 Cr Satisfied
30 Jun 1990 Standard And Charterd Bank ₹7.00 Cr Satisfied

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How Many Employees Work at Steel Strips?

Steel Strips has a workforce of 1 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Steel Strips, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Steel Strips's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Steel Strips
Recent Activity within the Organization
  • Annual General Meeting

    The activity Steel Strips Ltd last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records. was completed.

  • Balance Sheet

    Steel Strips Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh. was recorded as a recent event.

  • Director Appointment

    Jyotsana Bajaj was appointed as a Company Secretary was appointed as a Company Secretary on 01 Oct 2018 & has been associated with this company since 7 years 5 months . was recorded as a recent event.

  • Director Appointment

    Manju Lakhanpal was appointed as a Director was appointed as a Director on 14 Mar 2015 & has been associated with this company since 10 years 11 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 22 Jun 1985 via Charge ID 90167942 with State Bank Of Patiala was fully satisfied on 05 Sep 2007. was documented.

  • Charges

    The activity A charge registered on 30 Jun 1990 via Charge ID 90168364 with Standard And Charterd Bank was fully satisfied on 03 Sep 2007. was completed.

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Frequently Asked Questions
What is the CIN of Steel Strips Ltd?

The CIN of Steel Strips Ltd is L45202PB1975PLC003610.

Where is Steel Strips Ltd headquartered?

Steel Strips Ltd is headquartered at Village Harkishanpura Bhawanigarh Teh, Sangrur, Punjab, 148026.

When was Steel Strips Ltd incorporated?

Steel Strips Ltd was incorporated on 23 December 1975.

Who are the current directors of Steel Strips Ltd?

The current directors of Steel Strips Ltd are

What is the primary industry of Steel Strips Ltd?

The primary industry of Steel Strips Ltd is Automotive.

Is Steel Strips Ltd a listed company?

Steel Strips Ltd is listed. It is listed on BSE: 504717.

What is the capital structure of Steel Strips Ltd?

The authorized capital of Steel Strips Ltd is ₹10.00 Cr, and the paid-up capital is ₹8.28 Cr.

What is the compliance status of Steel Strips Ltd?

The compliance status of Steel Strips Ltd is Compliant.

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