Sipani Fibres Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.20 Cr
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 60.00 Cr
- Satisfied Charges ₹ 30.50 Cr
- Revenue Growth 16.19%
- Profit Growth -13.77%
- Ebitda -11.97%
- Net Worth 14.96%
- Total Assets 28.47%
About Sipani Fibres
Sipani Fibres Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 March 1994 and has a history of 30 years and ten months. Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.20 Cr.
The company currently has active open charges totaling ₹60.00 Cr. The company has closed loans amounting to ₹30.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sipani Kanchandevi, Rajkumar Sipani, Sipani Anil, and Four other members serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U85110KA1994PLC015388
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Company No.
015388
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
21 Mar 1994
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Sipani Fibres Limited offer?
Sipani Fibres Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, HDPE Fabric, Gunny Bags, Packaging Sacks, Polypropylene Woven Fabric, Food Packaging Materials & Supplies, Mesh Bags, Bulk Bags & Sacks, Packaging Pouches & Envelopes, Packaging Envelopes.
Who are the key members and board of directors at Sipani Fibres?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sipani Anil
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Managing Director | 13-Jun-2007 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Anurag Sipani
|
Whole-Time Director | 01-Mar-2014 | Current |
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Sipani Kanchandevi
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Whole-Time Director | 30-Apr-2005 | Current |
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Rajkumar Sipani
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Whole-Time Director | 30-Apr-2005 | Current |
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Sridhara Adekhandi
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Director | 05-Jan-2023 | Current |
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Bhavya Sethia
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Director | 08-Sep-2017 | Current |
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Tarush Sethia
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Director | 03-Mar-2017 | Current |
Financial Performance of Sipani Fibres.
Sipani Fibres Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.19% increase. The company also saw a substantial fall in profitability, with a 13.77% decrease in profit. The company's net worth Soared by an impressive increase of 14.96%.
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What is the Ownership and Shareholding Structure of Sipani Fibres?
In 2023, Sipani Fibres had a promoter holding of 41.93% and a public holding of 58.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Factory Automation Private LimitedTarush Sethia is a mutual person
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Sipani Stonex India LlpRajkumar Sipani is a mutual person
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Koramangala Properties Limited
Rajkumar Sipani is a mutual person
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Masum Tie-Up Private Limited
Sipani Anil is a mutual person
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Suhana Consultants Private Limited
Sipani Anil is a mutual person
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Techmech Energy Llp
Bhavya Sethia and Tarush Sethia are mutual person
Charges (Loans)
₹60.00 Cr
₹30.50 Cr
Charges Breakdown by Lending Institutions
- Others : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Nov 2023 | Others | ₹10.00 Cr | Open |
| 09 Dec 2022 | Others | ₹15.00 Cr | Open |
| 29 Sep 2014 | Others | ₹35.00 Cr | Open |
| 31 Oct 2018 | Others | ₹10.00 Cr | Satisfied |
| 07 Dec 2015 | Icici Bank Limited | ₹8.50 Cr | Satisfied |
How Many Employees Work at Sipani Fibres?
Sipani Fibres has a workforce of 305 employees as of Mar 28, 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 Sipani Fibres, 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 Sipani Fibres'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.
