- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-16-0000513

About Bipico Industries (Tools) Private Limited
Data last updated:
Bipico Industries (Tools) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 18 February 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29220MH1972PTC015621. Its GSTIN is 27AAACB4886E2ZM (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It was formerly known as Bipico Industries (Tools) Limited. It is led by directors including Pramit Kanubhai Patel (Managing Director) and Kinnary Pramit Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.2 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹78.14 Lakh (net margin 0.9%) and EBITDA of ₹5.67 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company has about 239 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bipico Industries. As per MCA filings, the company has open charges of ₹27.19 Cr and satisfied charges of ₹26.26 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 1 case is pending. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹3.67 Cr; the latest was in November 2021.
Bipico Industries (Tools) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-16-0000513). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bipico.com.
Company details
CIN history
Bipico Industries (Tools) has one previous CIN (Corporate Identification Number): U29220MH1972PLC015621. The current CIN is U29220MH1972PTC015621, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29220MH1972PTC015621 | Current |
| U29220MH1972PLC015621 | Previous |
Recognitions & Rankings of Bipico Industries (Tools)
Contact details
Bipico Industries (Tools) Private Limited's registered office is in Mumbai, Maharashtra. Its website is bipico.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address506 – A Floor – 5 33A Lotus House Vitthaldas Thackarsey Marg Near Liberty Cinema Newm, Arinelines, Mumbai, Maharashtra, India – 400020
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Bipico Industries (Tools) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Bipico Industries (Tools) operates one associated brand: Bipico Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial cutting tools and related services. | bipico.com |
Business activity
The main business activity of Bipico Industries (Tools) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Bipico Industries (Tools) Private Limited, buy the company report.
Financials of Bipico Industries (Tools) Private Limited
FY 2024 filings availableBipico Industries (Tools) Private Limited reported revenue of ₹88.2 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.67 Cr | ||||
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| Net Profit (PAT) | ₹78.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Bipico Industries (Tools) Private Limited, buy the company report.
Board of directors of Bipico Industries (Tools) Private Limited
Bipico Industries (Tools) has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramit Kanubhai Patel Also directs: Peamtee Fine Wires (India) Private Limited | Managing Director | 12 Jun 1992 | 34 Years 4 Months | Current |
| Mihir Patel Also directs: Peamtee Fine Wires (India) Private Limited | Director | 08 Jun 2022 | 4 Years 5 Months | Current |
| Meha Pramit Patel | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Kinnary Pramit Patel Also directs: Peamtee Fine Wires (India) Private Limited | Whole-Time Director | 08 Sep 2003 | 23 Years 2 Months | Current |
Auditor
Bipico Industries (Tools) Private Limited is audited by Rajendra and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajendra and Co. | FY 2023 | 108355W |
Shareholding
The shareholding of Bipico Industries (Tools) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bipico Industries (Tools) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2019 | 100303302 | Hdfc Bank Limited | ₹27.17 Cr | Open | |
| 03 Aug 1974 | 90161368 | Bank of Baroda | ₹2 Lakh | Open | |
| 29 Apr 2016 | 100022915 | Others | ₹1.2 Cr | Satisfied | |
| 27 Apr 2007 | 10096474 | Bank of Baroda | ₹1.2 Cr | Satisfied | |
| 15 Oct 2003 | 90164401 | Bank of Baroda | ₹8.5 Lakh | Satisfied |
To see the full charge records of Bipico Industries (Tools) Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Bipico Industries (Tools) Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹3.67 Cr; the latest was in November 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2016 | Rights issue | ₹2.72 Cr | Investors: Pramit K Patel HUF, 3 individuals |
| Mar 2014 | Funding round | ₹2.91 Cr | Investors: Pramit K Patel HUF, 3 individuals |
| Nov 2012 | Secondary share transfer | Undisclosed | Buyer: Pramit K Patel HUF, 3 individuals Seller: 4 individuals |
| Mar 2012 | Funding round | ₹75.8 Lakh | Investors: Pramit K Patel HUF, 3 individuals |
To see the full deal history of Bipico Industries (Tools) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bipico Industries (Tools) Private Limited has 17 court cases on record: 12 filed by Bipico Industries (Tools), 5 filed against it. 1 case is pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 0 |
| High courts | 8 | 5 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Navsari, Gujarat | Court case (CMA SC) | Filed by the company against Bhandari Foils and Tubes Ltd. | Disposed |
| District court, Dewas, Madhya Pradesh | Court case (EX B) | Filed by the company against Bhandari Foils and Tubes Ltd. and 1 other | Disposed |
| District court, Navsari, Gujarat | Civil suit | Filed by the company against Bhandari Foils and Tubes Ltd. and 1 other | Disposed |
| Bombay High Court | Court case (APEAL) | Filed by the company against an individual | Pending |
| District court, Navsari, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Bipico Industries (Tools) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Bipico Industries (Tools) Private Limited was last rated by Indiarating on 05 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 05 Mar 2021 |
To see the full credit ratings and regulatory alerts of Bipico Industries (Tools) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bipico Industries (Tools) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bipico Industries (Tools) Private Limited has a workforce of 239 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Bipico Industries (Tools) has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB4886E2ZM | Maharashtra | Active | 24 Aug 2017 |
| 24AAACB4886E1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bipico Industries (Tools) Private Limited, buy the company report.
Recent activity
Bipico Industries (Tools) Private Limited has 10 board changes on record since 1992: 4 appointments and 6 cessations. The latest: Meha Pramit Patel ceased to be Additional Director on 11 Sep 2023.
35 earlier events are in the company report.
Frequently asked questions
Bipico Industries (Tools) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 18 February 1972 (54+ years old) and is registered under CIN U29220MH1972PTC015621.
Bipico Industries (Tools) has 4 current directors:
- Pramit Kanubhai Patel - Managing Director
- Kinnary Pramit Patel - Whole-Time Director
- Mihir Patel - Director
- Meha Pramit Patel - Director
The latest financial statements of Bipico Industries (Tools) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bipico Industries (Tools) is 27AAACB4886E2ZM, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACB4886E1ZT (Gujarat).
The CIN (Corporate Identification Number) of Bipico Industries (Tools) is U29220MH1972PTC015621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bipico Industries (Tools) has 17 court cases on record: 12 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Bipico Industries (Tools) was incorporated on 18 February 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
Bipico Industries (Tools) has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹3.67 Cr; the latest was in November 2021.
Meha Pramit Patel ceased to be Additional Director on 11 Sep 2023. Meha Pramit Patel was appointed as Director on 13 Dec 2022. Nupur Bhupendra Patel ceased to be Director Appointed In Casual Vacancy on 13 Dec 2022. Bipico Industries (Tools) has 10 board changes on record in total.
Yes, Bipico Industries (Tools) is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-16-0000513).

