MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-JH-06-0004875
Swift Strips India Private Limited - metals and minerals in Jamshedpur, Jharkhand, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹140.16 Cr
▼ 12% YoY
Net profit · FY 2025
₹2.05 Cr
Net margin 1.5%
EBITDA · FY 2025
₹6.94 Cr
EBITDA margin 5%
Authorised capital
₹4.75 Cr
Registered with MCA
Paid-up capital
₹4.75 Cr
Issued & subscribed
Open charges
₹26 Cr
Satisfied ₹9.7 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
24
Provident fund records
About Swift Strips India Private Limited
Data last updated:
Swift Strips India Private Limited is a private limited company based in Jamshedpur, Jharkhand, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U27100JH2013PTC001749. Its GSTIN is 20AATCS8623B1ZG (Jharkhand). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹4.75 Cr. It is led by directors Shruti Vig and Jawaharlal Vig.
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 Room No. 307 3rd Floor Akashdeep Plaza Golmuri, Jamshedpur, Jharkhand, India – 831001.
As per the financials filed for FY 2025, the company reported a revenue of ₹140.16 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.05 Cr (net margin 1.5%) and EBITDA of ₹6.94 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 31% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Swift Strips India Private Limited. As per MCA filings, the company has open charges of ₹26 Cr and satisfied charges of ₹9.7 Cr on record. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.74 Cr; the latest was in October 2020. Its 6 peer companies in the Metals and Minerals industry (Foundry and Fabrication, Metals), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Ottimo Metals Private Limited with revenue of ₹141.55 Cr.
Swift Strips India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-06-0004875). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swiftstrips.co.in.
Company details
CIN U27100JH2013PTC001749
Registration Number 001749
Incorporation Date 14 November 2013
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-JH-06-0004875
Key People
Shruti Vig Director Jawaharlal Vig Director Recognitions & Rankings of Swift Strips India
Contact details
Swift Strips India Private Limited's registered office is in Jamshedpur, Jharkhand. Its website is swiftstrips.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRoom No. 307 3rd Floor Akashdeep Plaza Golmuri, Jamshedpur, Jharkhand, India – 831001
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Swift Strips India Private Limited, buy the company report.
Comprehensive company report
Swift Strips India Private Limited - one report that includes everything
- 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
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Brands
Swift Strips India operates one associated brand: Swift Strips India Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying aluminium products with a focus on recycling and sustainability. | swiftstrips.co.in |
Business activity
The main business activity of Swift Strips India 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 Swift Strips India Private Limited, buy the company report.
Financials of Swift Strips India Private Limited
FY 2024 filings availableSwift Strips India Private Limited reported revenue of ₹140.16 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹140.16 Cr ▼ 12%
Net profit · FY 2025
₹2.05 Cr margin 1.5%
EBITDA · FY 2025
₹6.94 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 12%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 44%
5 years · compounded
▲ 52%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 49% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 5% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Swift Strips India Private Limited, buy the company report.
Board of directors of Swift Strips India Private Limited
Swift Strips India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Vig | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
| Jawaharlal Vig Also directs: Sandsea Realtors LLP, VK Utility Warehousing and Infrastructure LLP, Ecozone Commosales Private Limited and 5 more | Director | 15 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Swift Strips India Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Foundry and Fabrication, Metals), 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 |
|---|---|---|---|---|---|---|
| Ottimo Metals Private Limited | ₹141.55 Cr (FY 2025) | 447.0% | Kolkata, West Bengal, India | |||
| Lalbaba Metallics Private Limited | ₹140.78 Cr (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Ritesh Tradefin Ltd | ₹140.53 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Swift Strips India Private Limitedthis company | ₹140.16 Cr (FY 2025) | ₹2.05 Cr | 1.5% | -12.0% | 24 | Jamshedpur, Jharkhand, India |
| Sidhi International Metalloys Private Limited | ₹139.86 Cr (FY 2025) | 37.0% | Faridabad, Haryana, India | |||
| Miura Infrastructure Private Limited | ₹139.8 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Shivam Dhatu Udyog Private Limited | ₹139.65 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Swift Strips India Private Limited, buy the company report.
Auditor
Swift Strips India Private Limited is audited by R.K. DUA & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.K. DUA & CO. | FY 2024 | 003662C |
Shareholding
The shareholding of Swift Strips India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swift Strips India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26 Cr
Satisfied charges
₹9.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2020 | 100356237 | Others | ₹26 Cr | Open | |
| 01 Jul 2020 | 100353220 | Indian Overseas Bank | ₹70 Lakh | Satisfied | |
| 30 Sep 2019 | 100294067 | Indian Overseas Bank | ₹9 Cr | Satisfied |
To see the full charge records of Swift Strips India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Swift Strips India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.74 Cr; the latest was in October 2020.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹4.74 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Funding round | ₹1.53 Cr | Investors: 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2019 | Funding round | ₹2.22 Cr | Investors: 2 individuals |
| Mar 2019 | Funding round | ₹99 Lakh | Investors: Shree Laxmi Timber Traders & Saw Mills |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Swift Strips India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Swift Strips India Private Limited was last rated by Brickwork on 24 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 24 Dec 2019 |
To see the full credit ratings and regulatory alerts of Swift Strips India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swift Strips India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swift Strips India Private Limited has a workforce of 24 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
-17.24%
GST
Swift Strips India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AATCS8623B1ZG | Jharkhand | Active | 27 Mar 2018 |
| 20AATCS8623B1DP | Jharkhand | Active | 10 Jan 2025 |
To see the full GST registrations and return filing status of Swift Strips India Private Limited, buy the company report.
Recent activity
Swift Strips India Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Ashim Daripa ceased to be Director on 16 Oct 2019.
AGM
Swift Strips India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 26.00 Cr registered on 25 Jul 2020 with Charge ID 100356237 was modified on 26 Apr 2024.
Filing
Swift Strips India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ranchi.
Charges
A charge registered on 01 Jul 2020 via Charge ID 100353220 with Indian Overseas Bank was fully satisfied on 20 Aug 2020.
Charges
A charge registered on 30 Sep 2019 via Charge ID 100294067 with Indian Overseas Bank was fully satisfied on 20 Aug 2020.
Charges
A charge with Others amounted to Rs. 26.00 Cr with Charge ID 100356237 was registered on 25 Jul 2020.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.70 Cr with Charge ID 100353220 was registered on 01 Jul 2020.
Ceased
Ashim Daripa ceased to be Director.
Appointed
Shruti Vig was appointed as Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 9.00 Cr with Charge ID 100294067 was registered on 30 Sep 2019.
Ceased
Shruti Vig ceased to be Director.
Ceased
Harish Kumar Vig ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Swift Strips India is an active private limited company based in Jamshedpur, Jharkhand, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 November 2013 (13+ years old) and is registered under CIN U27100JH2013PTC001749.
Swift Strips India has 2 current directors:
- Shruti Vig - Director
- Jawaharlal Vig - Director
The latest financial statements of Swift Strips India 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.
The GSTIN of Swift Strips India is 20AATCS8623B1ZG, registered in Jharkhand. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AATCS8623B1DP (Jharkhand).
The CIN (Corporate Identification Number) of Swift Strips India is U27100JH2013PTC001749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swift Strips India was incorporated on 14 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ranchi.
Swift Strips India has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.74 Cr; the latest was in October 2020.
The peers of Swift Strips India by revenue are Ottimo Metals Private Limited, Lalbaba Metallics Private Limited, Ritesh Tradefin Ltd, Sidhi International Metalloys Private Limited, Miura Infrastructure Private Limited and 1 more, all in the Metals and Minerals industry (Foundry and Fabrication, Metals), with the same principal business activity (metal and metal products).
Ashim Daripa ceased to be Director on 16 Oct 2019. Shruti Vig was appointed as Director on 15 Oct 2019. Shruti Vig ceased to be Director on 23 Sep 2019. Swift Strips India has 8 board changes on record in total.
Yes, Swift Strips India is registered as a medium enterprise under Udyam registration (number: UDYAM-JH-06-0004875).
Swift Strips India can be reached through the website swiftstrips.co.in. Its registered office is in Jamshedpur, Jharkhand, India.
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