Chipco Bonding Systems (India) Private Limited

Manufacturer of polythene bags and rolls, offering shrink films, bags, rolls, and packing material.

1985 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 07, 2025

Chipco Bonding Systems (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.25 M
  • Company Age 40 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 0.57 M
  • Revenue Growth -22.87%
  • Profit Growth -83.23%
  • Ebitda -53.78%
  • Net Worth 3.94%
  • Total Assets 14.19%

About Chipco Bonding Systems (India)

Chipco Bonding Systems (India) Private Limited (CBSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 January 1985 and has a history of 40 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.25 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹0.57 M, as per Ministry of Corporate Affairs (MCA) records.

Saumil Pankajkumar, Parthiv Mehta, Pankaj Mehta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U19129GJ1985PTC007552

  • Company No.

    007552

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Chipco Bonding Systems (India)?

Board Members (5)

NameDesignationAppointment DateStatus
Saumil Pankajkumar Country flag representing In Director 01-Jun-1996Current
Parthiv Mehta Country flag representing In Director 01-Jun-1996Current
Pankaj Mehta Country flag representing In Director 04-Jan-1985Current
Ushaben Shodhan Country flag representing In Director 04-Jan-1985Current
Shreeraj Mehta Country flag representing In Director 12-May-2015Current

Financial Performance of Chipco Bonding Systems (India).

Chipco Bonding Systems (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 22.87% decrease. The company also saw a substantial fall in profitability, with a 83.23% decrease in profit. The company's net worth moved up by a moderate rise of 3.94%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-22.87%
Revenue from Operations
-22.96%
Total Assets
14.19%
Profit or Loss
-83.23%
Net Worth
3.94%
EBITDA
-53.78%

What is the Ownership and Shareholding Structure of Chipco Bonding Systems (India)?

In 2021, Chipco Bonding Systems (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.96 M

Satisfied Charges

₹0.57 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 1.32 Cr
  • Others : 1.18 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2021Others₹0.48 MOpen
23 Jun 2010Bank Of India₹1.32 CrOpen
04 Jul 2002Others₹1.13 CrOpen
06 Sep 2005Bank Of India₹0.57 MSatisfied

How Many Employees Work at Chipco Bonding Systems (India)?

Chipco Bonding Systems (India) has a workforce of 44 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chipco Bonding Systems (India), 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 Chipco Bonding Systems (India)'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.

Latest Updates, News, and FAQs on Chipco Bonding Systems (India)

Recent activity within the organization

  • Annual General Meeting

    Chipco Bonding Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Chipco Bonding Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 11.31 M registered on 04 Jul 2002 with Charge ID 90099538 was modified on 31 Dec 2021.

    31 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 0.48 M with Charge ID 100539690 was registered on 09 Dec 2021.

    09 Dec 2021

  • Charges

    A charge with Bank Of India of Rs. 13.17 M registered on 23 Jun 2010 with Charge ID 10234436 was modified on 20 Apr 2017.

    20 Apr 2017

  • Director Appointment

    Shreeraj Parthiv Mehta was appointed as a Director was appointed as a Director on 12 May 2015 & has been associated with this company since 9 years 9 months .

    12 May 2015

Frequently asked questions

  • Chipco Bonding Systems (India) Private Limited was incorporated on 04 Jan 1985.

  • The authorized share capital of Chipco Bonding Systems (India) Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.25 M.

  • Currently 5 directors are associated with Chipco Bonding Systems (India) Private Limited.

    • Saumil Mehta Pankajkumar
    • Parthiv Pankajkumar Mehta
    • Pankaj Natverlal Mehta
    • Ushaben Jayantilal Shodhan
    • Shreeraj Parthiv Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chipco Bonding Systems (India) Private Limited is C/O. Pankaj N. Mehta Shree Kunj Apartment 4Th Fl- Oor Near Sanchar Colony, Krishna Soc. El Lis Bridge India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Chipco Bonding Systems (India) Private Limited is U19129GJ1985PTC007552 and the company number is 007552 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Chipco Bonding Systems (India) Private Limited has fallen by -22.87%.

  • As Per 2021 financial reports, 44 employees are currently employed by Chipco Bonding Systems (India) Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Chipco Bonding Systems (India) Private Limited has experienced an upsurge of 3.94%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Chipco Bonding Systems (India) Private Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Chipco Bonding Systems (India) Private Limited was filed with the ROC on 31 Mar 2024.

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