Chiripal Industries Limited

This company is a textile manufacturer with a focus on polyester yarns and fabric processing.

1988 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Chiripal Industries Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 27.55 Cr
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 760.94 Cr
  • Satisfied Charges ₹ 1,176.84 Cr
  • Revenue Growth 12.39%
  • Profit Growth -39.41%
  • Ebitda -25.10%
  • Net Worth 4.18%
  • Total Assets -4.06%

About Chiripal Industries

Chiripal Industries Limited (CIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 April 1988 and has a history of 36 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Chiripal Twisting And Sizing Private Limited. 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 50.00 Cr and a paid-up capital of Rs 27.55 Cr.

The company currently has active open charges totaling ₹760.94 Cr. The company has closed loans amounting to ₹1,176.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chiripal Industries Limited India are Dinesh Inani as CFO and Burhan Africawala as Company Secretary. Kashvi Gurnani, Rajendra Vyas, Rajesh Bindal, and Four 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

    U17110GJ1988PLC010634

  • Company No.

    010634

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Chiripal Industries Limited offer?

Chiripal Industries Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Waterproof Paint, Adhesives, Glue and Sealants, Solvent Based Adhesives, Industrial Fabrics and Textiles, Industrial Fabric, Industrial Chemicals & Supplies, Thickening Agent, Paints, Wall Putty & Varnishes, Primer.

Company report

Chiripal Industries Limited

Explore comprehensive data for Chiripal Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Chiripal Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Jyotiprasad Chiripal Country flag representing In Managing Director07-Aug-2006Current
Dinesh Inani CFO09-Oct-2015Current
Burhan Africawala Company Secretary02-Jul-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Kashvi Gurnani Country flag representing In Director 12-Jun-2023Current
Rajendra Vyas Country flag representing In Director 02-Dec-2020Current
Rajesh Bindal Country flag representing In Whole-Time Director 26-Apr-2006Current
Jaiprakash Chiripal Country flag representing In Director 26-Apr-2006Current
Jaindra Rajput Country flag representing In Director 01-Dec-2017Current
Sourabh Vijay Country flag representing In Director 31-Aug-2023Current

Financial Performance of Chiripal Industries.

Chiripal Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.39% increase. The company also saw a substantial fall in profitability, with a 39.41% decrease in profit. The company's net worth moved up by a moderate rise of 4.18%.

Chiripal Industries revenue growth over time
Chiripal Industries 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
12.39%
Revenue from Operations
12.41%
Total Assets
-4.06%
Profit or Loss
-39.41%
Net Worth
4.18%
EBITDA
-25.10%

What is the Ownership and Shareholding Structure of Chiripal Industries?

In 2023, Chiripal Industries had a promoter holding of 75.88% and a public holding of 24.12%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹760.94 Cr

Satisfied Charges

₹1,176.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 595.87 Cr
  • State Bank Of India (Lead Bank) : 154.60 Cr
  • Canara Bank : 10.00 Cr
  • Hdfc Bank Limited : 0.47 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2023Hdfc Bank Limited₹2.10 MOpen
17 Aug 2022Canara Bank₹10.00 CrOpen
24 Dec 2020Hdfc Bank Limited₹2.60 MOpen
03 Jun 2011State Bank Of India (Lead Bank)₹154.60 CrOpen
31 Aug 2009Others₹595.87 CrOpen

How Many Employees Work at Chiripal Industries?

Chiripal Industries has a workforce of 904 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.

Employee growth trends for Chiripal Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chiripal Industries, 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 Chiripal Industries'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 Chiripal Industries

Recent activity within the organization

  • Annual General Meeting

    Chiripal Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Chiripal Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100809705 was registered on 01 Nov 2023.

  • Charges

    A charge registered on 12 Jan 2017 via Charge ID 100074705 with Karnataka Bank Ltd. was fully satisfied on 18 Jul 2023.

  • Charges

    A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 100604068 was registered on 17 Aug 2022.

  • Charges

    A charge with Others of Rs. 595.87 Cr registered on 31 Aug 2009 with Charge ID 10181398 was modified on 11 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Chiripal Industries Limited?

    Chiripal Industries Limited was incorporated on 27 Apr 1988.

  • What is authorized share capital and paid-up capital of Chiripal Industries Limited?

    The authorized share capital of Chiripal Industries Limited is ₹ 50.00 Cr and paid-up capital is ₹ 27.55 Cr.

  • Who are the current board members & directors of Chiripal Industries Limited?

    Currently 9 directors are associated with Chiripal Industries Limited.

    • Dinesh Jamanalal Inani
    • Kashvi Gurnani
    • Rajendra Vyas
    • Rajesh Premchand Bindal
    • Jaiprakash Devkinandan Chiripal
    • Jyotiprasad Devkinandan Chiripal
    • Jaindra Ramashankar Rajput
    • Sourabh Patawari Vijay
    • Burhan Shabbirbhai Africawala
  • What is the registered address of Chiripal Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chiripal Industries Limited is Survey No 199 200/1 200/2Saijpur- Gopalpur Pirana Road Piplej India, Ahmedabad, Gujarat, 382405.

  • What is the corporate identification number (CIN) and company number of Chiripal Industries Limited?

    The corporate identification number (CIN) of Chiripal Industries Limited is U17110GJ1988PLC010634 and the company number is 010634 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Chiripal Industries Limited?

    The Official website of Chiripal Industries Limited is https://www.chiripalgroup.com

  • What has been the recent revenue trend for Chiripal Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Chiripal Industries Limited has risen by 12.39%.

  • How many employees does Chiripal Industries Limited currently have?

    As Per 2023 financial reports, 904 employees are currently employed by Chiripal Industries Limited.

  • What change has been observed in the net worth of Chiripal Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Chiripal Industries Limited has experienced an upsurge of 4.18%.

  • What are the total open charges for Chiripal Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Chiripal Industries Limited amount to ₹ 760.94 Cr.

  • When was the last Balance Sheet of Chiripal Industries Limited filed with the ROC?

    The most recent Balance Sheet for Chiripal Industries Limited was filed with the ROC on 31 Mar 2024.

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