Chiripal Industries Limited

This company is a textile manufacturer with a focus on polyester yarns and fabric processing.

1988 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 07, 2024

Chiripal Industries Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 27.55 Cr
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 760.94 Cr
  • Satisfied Charges ₹ 1,176.84 Cr
  • Revenue Growth 12.39%
  • Profit Growth -39.41%
  • Ebitda -25.10%
  • Net Worth 4.18%
  • Total Assets -4.06%

About Chiripal Industries

Chiripal Industries Limited (CIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 April 1988 and has a history of 36 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Chiripal Twisting And Sizing Private Limited. 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 50.00 Cr and a paid-up capital of Rs 27.55 Cr.

The company currently has active open charges totaling ₹760.94 Cr. The company has closed loans amounting to ₹1,176.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chiripal Industries Limited India are Burhan Africawala as COMPANY SECRETARY and Dinesh Inani as Cfo. Rajendra Vyas, Sourabh Vijay, Jaindra Rajput, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    chiripalgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1988PLC010634

  • Company No.

    010634

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1988

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Chiripal Industries Limited offer?

Chiripal Industries Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Waterproof Paint, Adhesives, Glue and Sealants, Solvent Based Adhesives, Industrial Fabrics and Textiles, Industrial Fabric, Industrial Chemicals & Supplies, Thickening Agent, Paints, Wall Putty & Varnishes, Primer.

Who are the key members and board of directors at Chiripal Industries?

Executive Team (3)

Name Designation Appointment Date Status
Jyotiprasad Chiripal Country flag representing In Managing Director 07-Aug-2006 Current
Burhan Africawala Company Secretary 02-Jul-2018 Current
Dinesh Inani CFO 09-Oct-2015 Current

Board Members (6)

Name Designation Appointment Date Status
Rajendra Vyas Country flag representing In Director 02-Dec-2020 Current
Sourabh Vijay Country flag representing In Director 31-Aug-2023 Current
Jaindra Rajput Country flag representing In Director 01-Dec-2017 Current
Jaiprakash Chiripal Country flag representing In Director 26-Apr-2006 Current
Rajesh Bindal Country flag representing In Whole-Time Director 26-Apr-2006 Current
Kashvi Gurnani Country flag representing In Director 12-Jun-2023 Current

Financial Performance of Chiripal Industries.

Chiripal Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.39% increase. The company also saw a substantial fall in profitability, with a 39.41% decrease in profit. The company's net worth moved up by a moderate rise of 4.18%.

Graph illustrating revenue growth over time
Graph showing 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
12.39%
Revenue from Operations
12.41%
Total Assets
-4.06%
Profit or Loss
-39.41%
Net Worth
4.18%
EBITDA
-25.10%

What is the Ownership and Shareholding Structure of Chiripal Industries?

In 2023, Chiripal Industries had a promoter holding of 75.88% and a public holding of 24.12%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹760.94 Cr

Satisfied Charges

₹1,176.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 595.87 Cr
  • State Bank Of India (Lead Bank) : 154.60 Cr
  • Canara Bank : 10.00 Cr
  • Hdfc Bank Limited : 0.47 Cr

Latest Charge Details

Date Lender Amount Status
01 Nov 2023 Hdfc Bank Limited ₹2.10 M Open
17 Aug 2022 Canara Bank ₹10.00 Cr Open
24 Dec 2020 Hdfc Bank Limited ₹2.60 M Open
03 Jun 2011 State Bank Of India (Lead Bank) ₹154.60 Cr Open
31 Aug 2009 Others ₹595.87 Cr Open

How Many Employees Work at Chiripal Industries?

Chiripal Industries has a workforce of 904 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chiripal Industries, 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 Chiripal Industries'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 Chiripal Industries

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100809705 was registered on 01 Nov 2023.

    01 Nov 2023

  • Annual General Meeting

    Chiripal Industries Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Charges

    A charge registered on 12 Jan 2017 via Charge ID 100074705 with Karnataka Bank Ltd. was fully satisfied on 18 Jul 2023.

    18 Jul 2023

  • Balance Sheet

    Chiripal Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 100604068 was registered on 17 Aug 2022.

    17 Aug 2022

  • Charges

    A charge with Others of Rs. 595.87 Cr registered on 31 Aug 2009 with Charge ID 10181398 was modified on 11 May 2022.

    11 May 2022

Frequently asked questions

  • Chiripal Industries Limited was incorporated on 27 Apr 1988.

  • The authorized share capital of Chiripal Industries Limited is ₹ 50.00 Cr and paid-up capital is ₹ 27.55 Cr.

  • Currently 9 directors are associated with Chiripal Industries Limited.

    • Burhan Shabbirbhai Africawala
    • Dinesh Jamanalal Inani
    • Rajendra Vyas
    • Sourabh Patawari Vijay
    • Jaindra Ramashankar Rajput
    • Jyotiprasad Devkinandan Chiripal
    • Jaiprakash Devkinandan Chiripal
    • Rajesh Premchand Bindal
    • Kashvi Gurnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chiripal Industries Limited is Survey No 199 200/1 200/2Saijpur- Gopalpur Pirana Road Piplej India, Ahmedabad, Gujarat, 382405.

  • The corporate identification number (CIN) of Chiripal Industries Limited is U17110GJ1988PLC010634 and the company number is 010634 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chiripal Industries Limited is https://www.chiripalgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Chiripal Industries Limited has risen by 12.39%.

  • As Per 2023 financial reports, 904 employees are currently employed by Chiripal Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Chiripal Industries Limited has experienced an upsurge of 4.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Chiripal Industries Limited amount to ₹ 760.94 Cr.

  • The most recent Balance Sheet for Chiripal Industries Limited was filed with the ROC on 31 Mar 2023.

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