About Stelco Strips Ltd
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Stelco Strips Ltd is a public limited company based in Ludhiana, Punjab, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 20 January 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27105PB1988PLC007921. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.98 Cr. It is led by directors including Bharat Bhushan Jindal (Managing Director) and Pawan Kumar Singla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S – 57 (First Floor) Phase – V Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.5 Cr. For the same year it recorded a net profit of ₹2.9 Cr (net margin 82.8%) and EBITDA of ₹3.5 Cr (EBITDA margin 99.9%). Revenue has grown at a compounded annual rate (CAGR) of 504% over five years.
The company is associated with 2 brands: Stelco Strips and Stelco Limited. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹319.64 Cr on record. Court records list 18 cases involving the company, including 11 filed by the company and 7 filed against it; 2 cases are pending. The company has 21 deals on record (21 market trades); the latest was in August 2008. Its 10 peer companies in the Metals and Minerals industry (Metal Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Chachan Metals Private Limited with revenue of ₹3.56 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stelcolimited.com.
Company details
CIN history
Stelco Strips has one previous CIN (Corporate Identification Number): L27105PB1988PLC007921. The current CIN is U27105PB1988PLC007921, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27105PB1988PLC007921 | Current |
| L27105PB1988PLC007921 | Previous |
Contact details
Stelco Strips Ltd's registered office is in Ludhiana, Punjab. Its website is stelcolimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS – 57 (First Floor) Phase – V Focal Point, Ludhiana, Punjab, India – 141010
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Stelco Strips 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
Brands
Stelco Strips operates two associated brands: Stelco Strips and Stelco Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel strips are produced by Stelco Strips in Ludhiana, India. | stelcostrips.com | |
| Manufacturing of medium carbon, high carbon, and alloy steel cold rolled and hardened-tempered steel strips in India. | stelcolimited.com |
Financials of Stelco Strips Ltd
FY 2024 filings availableStelco Strips Ltd reported revenue of ₹3.5 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 504% over five years. 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 | ₹3.5 Cr | ||||
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| Net Profit (PAT) | ₹2.9 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 | 99.9% | ||||
| Net Profit Margin | 82.8% | ||||
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To see the full financial statements and ratios of Stelco Strips Ltd, buy the company report.
Board of directors of Stelco Strips Ltd
Stelco Strips has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Singla | Director | 09 Sep 2023 | 3 Years 1 Months | Current |
| Ajay Singh | Director | 30 Mar 2019 | 7 Years 6 Months | Current |
| Bharat Bhushan Jindal Also directs: Stelco International Limited | Managing Director | 01 Sep 2007 | 19 Years 1 Months | Current |
Peer comparison
Stelco Strips Ltd is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chachan Metals Private Limited | ₹3.56 Cr (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| Smridhi Rajcomm Private Limited | ₹3.56 Cr (FY 2025) | -20.0% | Jamshedpur, Jharkhand, India | |||
| Radicon Industries Private Limited | ₹3.53 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Jay Subhash Impex Private Limited | ₹3.52 Cr (FY 2025) | -26.0% | New Delhi, Delhi, India | |||
| Aadya Commodities Private Limited | ₹3.51 Cr (FY 2016) | 54.0% | New Delhi, Delhi, India | |||
| Stelco Strips Ltdthis company | ₹3.5 Cr (FY 2025) | ₹2.9 Cr | 82.8% | Ludhiana, Punjab, India | ||
| Madhusudan Aluminium Udyog Private Limited | ₹3.5 Cr (FY 2024) | 1607.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Short Highrise Makers Private Limited | ₹3.49 Cr (FY 2025) | 799.0% | Kolkata, West Bengal, India | |||
| Pallawi Resources Private Limited | ₹3.48 Cr (FY 2025) | 62.0% | Kolkata, West Bengal, India | |||
| Nagpal Sales Private Limited. | ₹3.47 Cr (FY 2017) | -4.0% | New Delhi, Delhi, India | |||
| Gangpur Resources Private Limited | ₹3.47 Cr (FY 2025) | -54.0% | Rajgangpur, Odisha, India |
To see the full peer comparison of Stelco Strips Ltd, buy the company report.
Auditor
Stelco Strips Ltd is audited by M.P. Goyal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.P. Goyal & Co. | FY 2023 | 000962N |
Shareholding
The shareholding of Stelco Strips Ltd 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 Stelco Strips Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2010 | 10198095 | The Saraswat Co-Operative Bank Limited | ₹15 Cr | Open | |
| 02 Feb 2010 | 10200741 | Idbi Bank Limited | ₹5 Cr | Satisfied | |
| 02 Feb 2010 | 10200742 | Idbi Bank Limited | ₹5 Cr | Satisfied | |
| 28 Mar 2008 | 10095759 | State Bank of Patiala | ₹5 Cr | Satisfied | |
| 31 Dec 2007 | 10083633 | Punjab & Sind Bank | ₹10 Cr | Satisfied |
To see the full charge records of Stelco Strips Ltd, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Stelco Strips Ltd has 21 deals on record (21 market trades); the latest was in August 2008.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2008 | Market trade | ₹10.9 Lakh | Buyer: Index Securities And Research Pv |
| Aug 2008 | Market trade | ₹10 Lakh | Buyer: Index Securities And Research Pv |
| Apr 2008 | Market trade | ₹16 Lakh | Buyer: Sainath Herbal Care Marketing Private Limited |
| Apr 2008 | Market trade | ₹20.6 Lakh | Buyer: Sainath Herbal Care Marketing Private Limited |
| Mar 2008 | Market trade | ₹75 Lakh | Buyer: Cni Infoxchange Private Limited , an individual Seller: 3 individuals |
To see the full deal history of Stelco Strips Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Stelco Strips Ltd has 18 court cases on record: 11 filed by Stelco Strips, 7 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 0 |
| District courts | 8 | 4 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Ms Magnum Steels Limited | Disposed |
| District court, South East, Delhi | Appeal | Filed by the company against The Saraswat Cooperative Bank Ltd. | Pending |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against The Saraswat Co-Operative Bank Ltd. (Scheduled Bank) , | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against The Saraswat Co-Operative Bank Ltd.(Scheduled Bank) | Disposed |
| High Court, CHANDIGARH (UT) | Tax appeal | Filed against the company by The Principal Income Tax (Central) Ludhiana | Disposed |
To see the full case history of Stelco Strips 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Stelco Strips Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stelco 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 Stelco Strips Ltd, buy the company report.
Recent activity
Stelco Strips Ltd has 14 board changes on record since 2007: 3 appointments and 11 cessations. The latest: Pawan Kumar Singla ceased to be Additional Director on 29 Sep 2023.
57 earlier events are in the company report.
Frequently asked questions
Stelco Strips is an active public limited company based in Ludhiana, Punjab, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 20 January 1988 (38+ years old) and is registered under CIN U27105PB1988PLC007921.
Stelco Strips has 3 current directors:
- Bharat Bhushan Jindal - Managing Director
- Pawan Kumar Singla - Director
- Ajay Singh - Director
The latest financial statements of Stelco Strips on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Stelco Strips has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Stelco Strips is U27105PB1988PLC007921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stelco Strips has 18 court cases on record: 11 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Stelco Strips was incorporated on 20 January 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
Stelco Strips has 21 deals on record (21 market trades); the latest was in August 2008.
The peers of Stelco Strips by revenue are Chachan Metals Private Limited, Smridhi Rajcomm Private Limited, Radicon Industries Private Limited, Jay Subhash Impex Private Limited, Aadya Commodities Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Pawan Kumar Singla ceased to be Additional Director on 29 Sep 2023. Pawan Kumar Singla was appointed as Director on 09 Sep 2023. Ajay Singh ceased to be Additional Director on 30 Apr 2019. Stelco Strips has 14 board changes on record in total.
Stelco Strips can be reached through the website stelcolimited.com. Its registered office is in Ludhiana, Punjab, India.