Lipap Systems Private Limited

Manufacturer of printing products including ribbons, cartridges, inks, and toners for various machines.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated:

Lipap Systems Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 6.68 M
  • Company Age 37 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.23 Cr
  • Satisfied Charges ₹ 12.60 Cr
  • Revenue Growth 25.93%
  • Profit Growth 14.63%
  • Ebitda -49.98%
  • Net Worth -42.96%
  • Total Assets 2.04%

About Lipap Systems

Lipap Systems Private Limited (LSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 1988 and has a history of 37 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as General Ribbons Pvt Ltd. The Company is engaged in the Education 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 Cr and a paid-up capital of Rs 6.68 M.

The company currently has active open charges totaling ₹4.23 Cr. The company has closed loans amounting to ₹12.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Varun Khandelwal, Nisha Khandelwal, and Praveen Khandelwal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32305MH1988PTC046204

  • Company No.

    046204

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Education
Information Technology

What products or services does Lipap Systems Private Limited offer?

Lipap Systems Private Limited offers a wide range of products and services, including Barcode Scanners, Argox Barcode Scanner, Barcode Printers, Barcode Label Printer, TSC Barcode & Label Printers, Portable Barcode Printer, Printer Consumables, Thermal Transfer Ribbons, Barcode, Barcode Ribbons.

Company report

Lipap Systems Private Limited

Explore comprehensive data for Lipap Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Lipap Systems?

Board Members (3)

NameDesignationAppointment DateStatus
Varun Khandelwal Country flag representing In Director 09-Sep-2022Current
Nisha Khandelwal Country flag representing In Director 30-Mar-2018Current
Praveen Khandelwal Country flag representing In Director 14-Aug-2002Current

Financial Performance of Lipap Systems.

Lipap Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.93% increase. The company also saw a substantial improvement in profitability, with a 14.63% increase in profit. The company's net worth observed a substantial decline by a decrease of 42.96%.

Lipap Systems revenue growth over time
Lipap Systems 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
25.93%
Revenue from Operations
26.07%
Total Assets
2.04%
Profit or Loss
14.63%
Net Worth
-42.96%
EBITDA
-49.98%

What is the Ownership and Shareholding Structure of Lipap Systems?

In 2023, Lipap Systems 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

₹4.23 Cr

Satisfied Charges

₹12.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.03 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2024Hdfc Bank Limited₹1.99 MOpen
04 Jan 2024Others₹4.03 CrOpen
30 Jan 2021Others₹1.39 CrSatisfied
27 Jan 2021Others₹1.73 CrSatisfied
09 Jan 2018Others₹1.53 CrSatisfied

How Many Employees Work at Lipap Systems?

Lipap Systems has a workforce of 23 employees as of Apr 07, 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 Lipap Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lipap Systems, 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 Lipap Systems'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 Lipap Systems

Recent activity within the organization

  • Annual General Meeting

    Lipap Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Lipap Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100899107 was registered on 02 Mar 2024.

  • Charges

    A charge registered on 30 Jan 2021 via Charge ID 100416295 with Others was fully satisfied on 22 Jan 2024.

  • Charges

    A charge registered on 27 Jan 2021 via Charge ID 100416299 with Others was fully satisfied on 22 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 4.03 Cr with Charge ID 100854194 was registered on 04 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Lipap Systems Private Limited?

    Lipap Systems Private Limited was incorporated on 12 Feb 1988.

  • What is authorized share capital and paid-up capital of Lipap Systems Private Limited?

    The authorized share capital of Lipap Systems Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 6.68 M.

  • Who are the current board members & directors of Lipap Systems Private Limited?

    Currently 3 directors are associated with Lipap Systems Private Limited.

    • Varun Praveen Khandelwal
    • Nisha Praveen Khandelwal
    • Praveen Loknath Khandelwal

  • What is the registered address of Lipap Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lipap Systems Private Limited is A-213 Virwani Indl. Estate Western Express Highway Goregaon (E), India, Mumbai, Maharashtra, 400063.

  • What is the corporate identification number (CIN) and company number of Lipap Systems Private Limited?

    The corporate identification number (CIN) of Lipap Systems Private Limited is U32305MH1988PTC046204 and the company number is 046204 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Lipap Systems Private Limited?

    The Official website of Lipap Systems Private Limited is https://www.lipap.com

  • What has been the recent revenue trend for Lipap Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Lipap Systems Private Limited has risen by 25.93%.

  • How many employees does Lipap Systems Private Limited currently have?

    As Per 2023 financial reports, 23 employees are currently employed by Lipap Systems Private Limited.

  • What change has been observed in the net worth of Lipap Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Lipap Systems Private Limited has experienced an downturn of -42.96%.

  • What are the total open charges for Lipap Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lipap Systems Private Limited amount to ₹ 4.23 Cr.

  • When was the last Balance Sheet of Lipap Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Lipap Systems Private Limited was filed with the ROC on 31 Mar 2024.

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