Hipolin Ltd

Manufacturer of detergent and cleaning products, including soap, dish wash, toothpaste, and salt.

1994 | Mahesana, Gujarat (India) | Active
Last Updated: July 10, 2024

Hipolin Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.13 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 26.06 Cr
  • Revenue Growth 28.06%
  • Profit Growth 885.12%
  • Ebitda -9.80%
  • Net Worth 162.73%
  • Total Assets 40.60%

About Hipolin

Hipolin Ltd (HL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 March 1994 and has a history of 30 years and ten months. Its registered office is in Mahesana, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530853.

The Corporate was formerly known as Hipolin Detergents Private Limited. The Company is engaged in the Fmcg Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.13 Cr.

The company has closed loans amounting to ₹26.06 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hipolin Ltd India are Mrsanjali Malpani as COMPANY SECRETARY and Rumit Shah as Cfo. Umeshchandra Mehta, Samir Shah, Nita Shah, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hipolin.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L24240GJ1994PLC021719

  • Company No.

    021719

  • Stock Symbol

    BSE : 530853

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1994

  • Date of AGM

    17 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

FMCG

What products or services does Hipolin Ltd offer?

Hipolin Ltd offers a wide range of products and services, including Soaps, Detergent Powder & Cakes, Detergent, Dishwashing Detergents.

Who are the key members and board of directors at Hipolin?

Executive Team (4)

NameDesignationAppointment DateStatus
Mrsanjali Malpani Country flag representing In Company Secretary17-Apr-2023Current
Rumit Shah Country flag representing In CFO01-Oct-2018Current
Shaileshkumar Shah Country flag representing In Managing Director31-Jul-2009Current
Prafulla Gattani Country flag representing In Managing Director11-Sep-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Daxesh Shah Country flag representing In Director 18-Dec-2021Current
Umeshchandra Mehta Country flag representing In Director 08-Dec-2014Current
Samir Shah Country flag representing In Director 18-Dec-2021Current
Nita Shah Country flag representing In Director 06-Aug-2014Current
Avni Chouhan Country flag representing In Director 24-Jun-2023Current
Ajaybhai Gandhi Country flag representing In Director 08-Dec-2014Current

Financial Performance of Hipolin.

Hipolin Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 28.06% increase. The company also saw a substantial improvement in profitability, with a 885.12% increase in profit. The company's net worth Soared by an impressive increase of 162.73%.

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
28.06%
Revenue from Operations
27.34%
Total Assets
40.60%
Profit or Loss
885.12%
Net Worth
162.73%
EBITDA
-9.80%

What is the Ownership and Shareholding Structure of Hipolin?

In 2023, Hipolin had a promoter holding of 73.72% and a public holding of 26.27%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹26.06 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 19.95 Cr
  • Hdfc Bank Limited : 4.00 Cr
  • Yes Bank Limited : 0.90 Cr
  • The Kalupur Commercial Co-Operative Bank Limited : 0.50 Cr
  • The Kalupur Commercial Co-Op. Bank Ltd. : 0.50 Cr
  • Others : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jan 2018Others₹0.80 MSatisfied
05 Jul 2017The Kalupur Commercial Co-Operative Bank Limited₹5.00 MSatisfied
28 Jan 2014Axis Bank Limited₹0.75 MSatisfied
06 Sep 2013Hdfc Bank Limited₹4.00 CrSatisfied
12 Apr 2013Ahmedabad Mercantile Co-Operative Bank Ltd.₹0.53 MSatisfied

How Many Employees Work at Hipolin?

Hipolin has a workforce of 23 employees as of Apr 05, 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 Hipolin, 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 Hipolin'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 Hipolin

Recent activity within the organization

  • Director Appointment

    Prafulla Gattani was appointed as a Managing Director was appointed as a Managing Director on 11 Sep 2023 & has been associated with this company since 1 year 5 months .

    11 Sep 2023

  • Annual General Meeting

    Hipolin Ltd last Annual general meeting of members was held on 17 Jul 2023 as per latest MCA records.

    17 Jul 2023

  • Balance Sheet

    Hipolin Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 08 Jan 2018 via Charge ID 100149708 with Others was fully satisfied on 05 Apr 2021.

    05 Apr 2021

  • Charges

    A charge registered on 28 Jan 2014 via Charge ID 10479138 with Axis Bank Limited was fully satisfied on 07 May 2018.

    07 May 2018

  • Charges

    A charge registered on 05 Jul 2017 via Charge ID 100109524 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 19 Feb 2018.

    19 Feb 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Hipolin Ltd was incorporated on 31 Mar 1994.

  • The authorized share capital of Hipolin Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 3.13 Cr.

  • Currently 10 directors are associated with Hipolin Ltd.

    • MrsAnjali Malpani
    • Rumit Bharatbhai Shah
    • Umeshchandra Prafulvadan Mehta
    • Samir Rohitbhai Shah
    • Nita Bharatbhai Shah
    • Shaileshkumar Jayantilal Shah
    • Daxesh Bhupendrabhai Shah
    • Prafulla Gattani
    • Avni Chouhan
    • Ajaybhai Ramniklal Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hipolin Ltd is Nilkanth Industrial Estate Sanand Viramgam, Highway Nr.Iyava Bus Stop Sanand, Gujarat, India, 382170.

  • The corporate identification number (CIN) of Hipolin Ltd is L24240GJ1994PLC021719 and the company number is 021719 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hipolin Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Hipolin Ltd is https://www.hipolin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hipolin Ltd has risen by 28.06%.

  • As Per 2023 financial reports, 23 employees are currently employed by Hipolin Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hipolin Ltd has experienced an upsurge of 162.73%.

  • The most recent Balance Sheet for Hipolin Ltd was filed with the ROC on 31 Mar 2023.

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