About Accutrac
Accutrac is an Industrial Goods & Manufacturing company. Labeling and barcoding consumables manufacturing in India. It operates in the Industrial Goods & Manufacturing and Technology sectors. The company has 23 employees. Its Indian entity Lipap Systems Private Limited reported revenue of ₹11.89 Cr. Accutrac offers products and services including Thermal Transfer Ribbons and Self Adhesive Labels. Its focus areas include Manufacturing, Hardware, Printers and Scanners and Industrial Equipment.
Company details
Lipap Systems , Branded As Accutrac, Is Identified As A 35-year-old Iso-certified Company Based In Mumbai, India, That Manufactures Consumables For The Labeling And Barcoding Industry. It Is Recognized For Serving Various Sectors Across India, Including Pharmaceutical, Chemical, Health, Textile, Automotive, And Logistics, With Products Like Thermal Transfer Ribbons, Self-adhesive Labels, And Scanners. Solutions Are Provided To Corporate And Government Institutions, Fulfilling Labeling Requirements Under One Roof, While Maintaining Compatibility With Major Brands.
- Employees 23
- SectorsIndustrial Goods & ManufacturingTechnology
- Phone•••• ••••
- Legal Name Lipap Systems Pvt Ltd
- Date of Incorporation 12 Feb, 1988
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹11.89 Cr
FY 2025 · +13% YoY
- Indian entity net loss-₹1.09 Cr
FY 2025 · -9% margin
- Indian entity EBITDA₹11.4 Lakh
FY 2025 · 1% margin
- Employee Count23
Associated legal entities of Accutrac
Accutrac operates through Lipap Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lipap Systems Private Limited CIN U32305MH1988PTC046204 | Active | 12 Feb 1988 | Mumbai, Maharashtra | ₹11.9 Cr | 23 | 2 | View details |
Products & Services of Accutrac
Accutrac offers a comprehensive portfolio of products and services, including Thermal Transfer Ribbons and Self Adhesive Labels.
These ribbons are manufactured to be printhead safe and compatible with major printers from brands like Zebra and Honeywell.
A variety of blank and color labels are provided for use in various industries, ensuring suitability for different applications.
Board of directors of Lipap Systems Private Limited (Accutrac)
Lipap Systems Private Limited is the primary company behind Accutrac. The board of Lipap Systems Private Limited currently have 2 directors; the longest-serving is Praveen Loknath Khandelwal, appointed in 2002. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Praveen Loknath Khandelwal DIN 01233212 | Director | 14 Aug 2002 | 24 yrs 2 mo | Lipap Systems Private Limited |
| Varun Praveen Khandelwal DIN 01233179 | Director | 09 Sep 2022 | 4 yrs 1 mo | Lipap Systems Private Limited |
Financials of Accutrac
Figures of Lipap Systems Private Limited, the primary company behind Accutrac, for FY 2025. Revenue was ₹11.89 Cr (+13% year on year). Net loss was -₹1.09 Cr (-9% margin). EBITDA was ₹11.4 Lakh (1% margin). Revenue has grown at a compounded annual rate of +21% over three years and +15% over five years.
- ₹11.89 CrRevenue · FY 2025 · +13% YoY
- -₹1.09 CrNet loss · -9% margin
- ₹11.4 LakhEBITDA · 1% margin
- ₹66.8 LakhPaid-up capital
- 23Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lipap Systems Private Limited are on its company page.
Detailed financial statements for Accutrac
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- Five-year trends
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Frequently Asked Questions about Accutrac
Accutrac has 23 employees.
The primary company behind Accutrac, Lipap Systems Private Limited, reported revenue of ₹11.89 Cr for FY 2025, up 13% year on year.
Lipap Systems , Branded As Accutrac, Is Identified As A 35-year-old Iso-certified Company Based In Mumbai, India, That Manufactures Consumables For The Labeling And Barcoding Industry. It Is Recognized For Serving Various Sectors Across India, Including Pharmaceutical, Chemical, Health, Textile, Automotive, And Logistics, With Products Like Thermal Transfer Ribbons, Self-adhesive Labels, And Scanners. Solutions Are Provided To Corporate And Government Institutions, Fulfilling Labeling Requirements Under One Roof, While Maintaining Compatibility With Major Brands.
Accutrac offers Thermal Transfer Ribbons and Self Adhesive Labels.
Accutrac operates through Lipap Systems Private Limited.
The legal entities of Accutrac currently have 2 directors, including Varun Praveen Khandelwal, Praveen Loknath Khandelwal.