

Hipolin Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.13 Cr
- Company Age 31 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- 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 31 years and one month. Its registered office is in Ahmedabad, 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 2024. 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 is Mrsanjali Malpani as COMPANY SECRETARY. Daxesh Shah, Shaileshkumar Shah, Avni Chouhan, 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
L24240GJ1994PLC021719
- Company No.
021719
- Stock Symbol
BSE : 530853
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Mar 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
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 (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Mrsanjali Malpani ![]() | Company Secretary | 17-Apr-2023 | Current |
Prafulla Gattani ![]() | Managing Director | 11-Sep-2023 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Daxesh Shah ![]() | Director | 18-Dec-2021 | Current |
Shaileshkumar Shah ![]() | Director | 31-Jul-2009 | Current |
Avni Chouhan ![]() | Director | 24-Jun-2023 | Current |
Umeshchandra Mehta ![]() | Director | 08-Dec-2014 | Current |
Samir Shah ![]() | Director | 18-Dec-2021 | Current |
Nita Shah ![]() | Director | 06-Aug-2014 | Current |
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%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.

Related Corporates (Common Directorship)
- Monarch Networth Capital Limited
Avni Chouhan is a mutual person
- Maruti Koatsu Cylinders Limited
Samir Shah is a mutual person
- Shrivallabh Pittie Ventures Private Limited
Prafulla Gattani is a mutual person
- Jayantilal Bhogilal Chemicals Private Limited
Shaileshkumar Shah is a mutual person
- Svs Ventures Limited
Avni Chouhan is a mutual person
- Seltron Resource Solutions Llp
Samir Shah is a mutual person
Charges (Loans)
₹0
₹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
Date | Lender | Amount | Status |
---|---|---|---|
08 Jan 2018 | Others | ₹0.80 M | Satisfied |
05 Jul 2017 | The Kalupur Commercial Co-Operative Bank Limited | ₹5.00 M | Satisfied |
28 Jan 2014 | Axis Bank Limited | ₹0.75 M | Satisfied |
06 Sep 2013 | Hdfc Bank Limited | ₹4.00 Cr | Satisfied |
12 Apr 2013 | Ahmedabad Mercantile Co-Operative Bank Ltd. | ₹0.53 M | Satisfied |
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.

Deals i

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

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

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
- Annual General Meeting
Hipolin Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Hipolin Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- 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 8 months .
- Director Appointment
Avni Chouhan was appointed as a Director was appointed as a Director on 24 Jun 2023 & has been associated with this company since 1 year 10 months .
- Director Appointment
Daxesh Bhupendrabhai Shah was appointed as a Director was appointed as a Director on 18 Dec 2021 & has been associated with this company since 3 years 4 months .
- Director Appointment
Samir Rohitbhai Shah was appointed as a Director was appointed as a Director on 18 Dec 2021 & has been associated with this company since 3 years 4 months .
Recent News, Updates & Announcement
- Quarterly Numbers for Hipolin Show Mixed Results: Net Sales Up, But Net Loss and EBITDA Also Increase.
When you thought you were making progress but then you see your quarterly numbers for Hipolin: Net sales up, but net loss and EBITDA also up. Shares closed at 60.35 and gave 3.16% returns. Expenses were high and profits were low. Promoters and promoter group have no shares pledged or encumbered. Source: Dion Global Solutions Limited..
Frequently asked questions
What is the Incorporation or founding date of Hipolin Ltd?
Hipolin Ltd was incorporated on 31 Mar 1994.
What is authorized share capital and paid-up capital of Hipolin Ltd?
The authorized share capital of Hipolin Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 3.13 Cr.
Who are the current board members & directors of Hipolin Ltd?
Currently 8 directors are associated with Hipolin Ltd.
- Daxesh Bhupendrabhai Shah
- Shaileshkumar Jayantilal Shah
- MrsAnjali Malpani
- Avni Chouhan
- Umeshchandra Prafulvadan Mehta
- Samir Rohitbhai Shah
- Nita Bharatbhai Shah
- Prafulla Gattani
What is the registered address of Hipolin Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Hipolin Ltd is Survey No. 2/2 Paiki Mouje Behind Safe Express Logistic Changodar, Sanand India, Ahmedabad, Gujarat, 382213.
What is the corporate identification number (CIN) and company number of Hipolin Ltd?
The corporate identification number (CIN) of Hipolin Ltd is L24240GJ1994PLC021719 and the company number is 021719 as per Ministry of Corporate Affairs (MCA).
Is Hipolin Ltd registered with any stock exchange in India?
Yes, Hipolin Ltd is registered on Bombay Stock Exchange (BSE).
What is the official website of Hipolin Ltd?
The Official website of Hipolin Ltd is https://www.hipolin.com
What has been the recent revenue trend for Hipolin Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Hipolin Ltd has risen by 28.06%.
How many employees does Hipolin Ltd currently have?
As Per 2023 financial reports, 23 employees are currently employed by Hipolin Ltd.
What change has been observed in the net worth of Hipolin Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hipolin Ltd has experienced an upsurge of 162.73%.
When was the last Balance Sheet of Hipolin Ltd filed with the ROC?
The most recent Balance Sheet for Hipolin Ltd was filed with the ROC on 31 Mar 2024.
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