Stride Autoparts Limited
About Stride Autoparts Limited
Data last updated:
Stride Autoparts Limited is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 26 November 2010.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U34300DL2010PLC210810. Its GSTIN is 07AAPCS2313G2ZE (Delhi). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.7 Cr and a paid-up capital of ₹4.68 Cr. It is led by directors including Atul Tandon (Whole-Time Director) and Sanjay Garg.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at F – 16 Treveni Commercial Complex Sheikh Sarai – I, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.57 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹102.64 Cr and EBITDA of -₹13.29 Cr (EBITDA margin -372.4%).
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹443.75 Cr on record. Court records list 4 cases involving the company, including 4 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹109.6 Cr; the latest was in March 2014.
Company details
Contact details
Stride Autoparts Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressF – 16 Treveni Commercial Complex Sheikh Sarai – I, New Delhi, Delhi, India – 110017
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Stride Autoparts 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 Stride Autoparts is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Stride Autoparts Limited, buy the company report.
Financials of Stride Autoparts Limited
FY 2017 filings availableStride Autoparts Limited reported revenue of ₹3.57 Cr (up 18% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. EBITDA fell 78% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.57 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹13.29 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹102.64 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -372.4% | ||
| Net Profit Margin | |||
| 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 Stride Autoparts Limited, buy the company report.
Board of directors of Stride Autoparts Limited
Stride Autoparts 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 |
|---|---|---|---|---|
| Sanjay Garg | Additional Director | 25 Jun 2018 | 8 Years 4 Months | As last reported |
| Mahesh Chand Agrawal Also directs: Iheal Medtech Private Limited | Additional Director | 24 Jan 2018 | 8 Years 9 Months | As last reported |
| Atul Tandon | Whole-Time Director | 01 Jun 2015 | 11 Years 5 Months | As last reported |
Auditor
Stride Autoparts Limited is audited by A C GUPTA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A C GUPTA & ASSOCIATES | FY 2017 | 008079N |
Shareholding
The shareholding of Stride Autoparts Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Stride Autoparts Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2016 | 100019191 | Syndicate Bank | ₹18.5 Cr | Open | |
| 13 Jan 2016 | 10615882 | State Bank of Travancore | ₹16.25 Cr | Open | |
| 21 Dec 2015 | 10613754 | State Bank of Bikaner and Jaipur | ₹28 Cr | Open | |
| 11 Mar 2013 | 10423441 | Syndicate Bank | ₹81 Cr | Open | |
| 29 Nov 2012 | 10395995 | State Bank of Travancore | ₹75 Cr | Open |
Total charge records: 7 View all charges
Deals & funding
Stride Autoparts Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹109.6 Cr; the latest was in March 2014.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Singham Iron and Steel Private Limited , Neelmani Alloys & Casting Private Limited , Tropical Steel Private Limited Seller: Argl Limited , Acil Limited , W.L.D. Investments Private Limited |
| Mar 2013 | Funding round | ₹109.6 Cr | Investors: Argl Limited , Acil Limited , W.L.D. Investments Private Limited |
To see the full deal history of Stride Autoparts Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Stride Autoparts Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Civil suit | Filed against the company by Creative Infocom Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| District court, Rewari, Haryana | Civil suit | Filed against the company by M/S Abc Engineering Services Dharuhera | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by Alloysim Industries | Disposed |
To see the full case history of Stride Autoparts 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 Stride Autoparts Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stride Autoparts Limited has a workforce of 17 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Stride Autoparts has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAPCS2313G2ZE | Delhi | Active | 01 Mar 2021 |
To see the full GST registrations and return filing status of Stride Autoparts Limited, buy the company report.
Recent activity
Stride Autoparts Limited has 15 board changes on record since 2012: 3 appointments and 12 cessations. The latest: Mahesh Chand Agrawal ceased to be Additional Director on 09 Jul 2019.
13 earlier events are in the company report.
Frequently asked questions
Stride Autoparts is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Stride Autoparts is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 26 November 2010 and is registered under CIN U34300DL2010PLC210810. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Stride Autoparts has 3 current directors:
- Atul Tandon - Whole-Time Director
- Sanjay Garg - Additional Director
- Mahesh Chand Agrawal - Additional Director
The latest financial statements of Stride Autoparts on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Stride Autoparts is U34300DL2010PLC210810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stride Autoparts has open charges of ₹443.75 Cr and no satisfied charges on record as per latest MCA filings.
Stride Autoparts has 4 court cases on record: 4 filed against it.
Stride Autoparts was incorporated on 26 November 2010. It is registered with the Registrar of Companies, Delhi.
Stride Autoparts has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹109.6 Cr; the latest was in March 2014.
Mahesh Chand Agrawal ceased to be Additional Director on 09 Jul 2019. Sanjay Garg was appointed as Additional Director on 25 Jun 2018. Sunit Malhotra ceased to be Director on 25 Jun 2018. Stride Autoparts has 15 board changes on record in total.
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