India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #974 Jyotiprasad Chiripal & family ₹2,900 Cr
- #1,028 Jaiprakash Chiripal & family ₹2,600 Cr
Revenue · FY 2025
₹3,247.42 Cr
▲ 5% YoY
Net profit · FY 2025
₹74.64 Cr
Net margin 2.3%
EBITDA · FY 2025
₹308.71 Cr
EBITDA margin 9.5%
Authorised capital
₹120.12 Cr
Registered with MCA
Paid-up capital
₹61.93 Cr
Issued & subscribed
Open charges
₹6,085.75 Cr
Satisfied ₹4,753.61 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
1,090
Provident fund records
About Chiripal Poly Films Limited
Data last updated:
Chiripal Poly Films Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 31 August 2009 and has been in existence for over 17 years.
Its director Jyotiprasad Chiripal and family are #974 among India's richest people (2026). Its director Jaiprakash Chiripal and family are #1,028 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2009PLC195352. Its GSTIN is 24AADCC7403M1ZP (Gujarat). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹120.12 Cr and a paid-up capital of ₹61.93 Cr. It is led by directors including Jaiprakash Devkinandan Chiripal (Managing Director) and Neeraj Kakkar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 109/110 Penunsula Centre Dr. S. Rao Road Parel, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,247.42 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹74.64 Cr (net margin 2.3%) and EBITDA of ₹308.71 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company has about 1,090 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹6,085.75 Cr and satisfied charges of ₹4,753.61 Cr on record. Court records list 49 cases involving the company, including 26 filed by the company and 23 filed against it; 15 cases are pending. The company has 23 deals on record (14 secondary share transfers, 7 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹523.07 Cr; the latest was in July 2025. Its 7 peer companies in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Uflex Limited with revenue of ₹15,184 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 235 overdue payments to 88 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chiripalpolyfilms.in.
Company details
CIN U17120MH2009PLC195352
Registration Number 195352
Incorporation Date 31 August 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Sumant Singhal Ceo Jaiprakash Devkinandan Chiripal Managing Director Neeraj Kakkar Whole-Time Director Recognitions & Rankings of Chiripal Poly Films
Contact details
Chiripal Poly Films Limited's registered office is in Mumbai, Maharashtra. Its website is chiripalpolyfilms.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address109/110 Penunsula Centre Dr. S. Rao Road Parel, Mumbai, Maharashtra, India – 400012
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Chiripal Poly Films Limited, buy the company report.
Comprehensive company report
Chiripal Poly Films Limited - one report that includes everything
- 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
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Business activity
The main business activity of Chiripal Poly Films is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Chiripal Poly Films Limited, buy the company report.
Financials of Chiripal Poly Films Limited
FY 2025 filings availableChiripal Poly Films Limited reported revenue of ₹3,247.42 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹3,247.42 Cr ▲ 5%
Net profit · FY 2025
₹74.64 Cr margin 2.3%
EBITDA · FY 2025
₹308.71 Cr margin 9.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 2%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▼ 15%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 5% growth in the latest year. EBITDA rose 49% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹308.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.64 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 9.5% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Chiripal Poly Films Limited, buy the company report.
Board of directors and KMP of Chiripal Poly Films Limited
Chiripal Poly Films Limited currently reports 5 directors and 1 key managerial person. 13 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purviben Anant Anand Pokhariyal Also directs: Nfsu Research and Innovation Council | Director | 31 Jul 2021 | 5 Years 2 Months | Current |
| Jyotiprasad Devkinandan Chiripal Also directs: Nandan Chiripal Energy Coporation LLP, Devkinandan Corporation LLP, Chiripal Industries Limited and 5 more | Director | 23 Apr 2015 | 11 Years 6 Months | Current |
| Jaiprakash Devkinandan Chiripal Also directs: Picasso Flexibles Limited, CPF Eco Sol Private Limited, Nandan Chiripal Energy Coporation LLP and 5 more | Managing Director | 31 Aug 2009 | 17 Years 1 Months | Current |
| Neeraj Kakkar Also directs: Devkinandan Corporation LLP | Whole-Time Director | 12 Apr 2013 | 13 Years 6 Months | Current |
| Sumant Singhal | Ceo | 03 May 2023 | 3 Years 5 Months | Current |
| Ajay Kumar Vyas Also directs: Satia Industries Limited, Dek and Mavericks Green Energy Limited, Shri Ram Finance Corporation Private Limited and 1 more | Director | 03 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Chiripal Poly Films Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uflex Limited | ₹15,184 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Polyplex Corporation Limited | ₹6,980.56 Cr (FY 2025) | 10.0% | Uttranchal, Uttarakhand, India | |||
| Avery Dennison (India) Private Limited | ₹3,398.35 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Chiripal Poly Films Limitedthis company | ₹3,247.42 Cr (FY 2025) | ₹74.64 Cr | 2.3% | 5.0% | 1,090 | Mumbai, Maharashtra, India |
| Vacmet India Limited | ₹3,009.64 Cr (FY 2025) | 11.0% | Agra, Uttar Pradesh, India | |||
| Cosmo First Limited | ₹2,969.57 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Garware Hi-Tech Films Limited | ₹2,163.76 Cr (FY 2025) | 26.0% | Chhatrapati Sambhajinagar, Maharashtra, India | |||
| Toppan Speciality Films Private Limited | ₹1,497.36 Cr (FY 2025) | 17.0% | Nawan Shehar, Punjab, India |
To see the full peer comparison of Chiripal Poly Films Limited, buy the company report.
Auditor
Chiripal Poly Films Limited is audited by Nahta Jain & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nahta Jain & Associates | FY 2021 | 106801W |
Shareholding
The shareholding of Chiripal Poly Films Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chiripal Poly Films Limited, buy the company report.
Charges & borrowings
Open charges
₹6,085.75 Cr
Satisfied charges
₹4,753.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2025 | 101079965 | Others | ₹136 Cr | Open | |
| 17 Mar 2025 | 101078160 | Others | ₹161 Cr | Open | |
| 30 Oct 2023 | 100818589 | Others | ₹175.15 Cr | Open | |
| 30 Oct 2023 | 100807989 | Others | ₹27.46 Cr | Open | |
| 09 Oct 2023 | 100807992 | Others | ₹200 Cr | Open |
To see the full charge records of Chiripal Poly Films Limited, buy the company report.
Total charge records: 49 View all charges
Deals & funding
Chiripal Poly Films Limited has 23 deals on record (14 secondary share transfers, 7 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹523.07 Cr; the latest was in July 2025.
Total deals
23
Secondary share transfers
14
Funding rounds
7
Convertible or debt financing
1
Rights issue
1
Disclosed funding
₹523.07 Cr
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2021 | Secondary share transfer | Undisclosed | Buyer: Chiripal Industries Limited Seller: Dindayal Processors Private Limited |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Chiripal Industries Limited Seller: Bhushan Petrofils Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Chiripal Exim LLP Seller: Kautilya Traders Pvt.Ltd. , Hexa International Private Limited , Bhavana Textiles Private Limited |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: Chiripal Exim LLP Seller: Spiritual Marketing Private Limited , Yuva Trading Co. Private Limited , Kautilya Traders Pvt.Ltd. |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Kautilya Traders Pvt.Ltd. , Tripoli Management Pvt Ltd , an individual Seller: Oasis Textiles Limited , Vijay Subham Contrade Pvt Ltd , 2 individuals |
To see the full deal history of Chiripal Poly Films 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
Chiripal Poly Films Limited has 49 court cases on record: 26 filed by Chiripal Poly Films, 23 filed against it. 15 cases are pending and 34 are disposed.
Total cases
49
Filed by the company
26
Filed against the company
23
Pending
15
Disposed
34
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 13 | 11 |
| High courts | 14 | 9 | 4 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Centromech Rolling Mills Manufacturing Pvt Ltd and 3 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Polytech Instruments Pvt Ltd and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against DM Paper Products India Private Limited and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Bharat Sanchar Nigam Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Fairdeal Process Automation Pvt. Ltd. and 2 others | Disposed |
To see the full case history of Chiripal Poly Films 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
Chiripal Poly Films Limited was last rated by Crisil on 18 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Sep 2020 |
To see the full credit ratings and regulatory alerts of Chiripal Poly Films Limited, buy the company report.
MSME payment delays
Chiripal Poly Films Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 235 overdue payments to 88 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 88)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Blu Planet Ecotech Private Limited | |||
| Office Essentials | |||
| Abhay Innovative Recycling Limited | |||
| Planet Energy Technologies Private Limited |
To see the full MSME payment records of Chiripal Poly Films Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Chiripal Poly Films has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Picasso Flexibles Limited | U21020MH2015PLC265556 |
To see the full group structure of Chiripal Poly Films Limited, buy the company report.
Employees & EPFO
Chiripal Poly Films Limited has a workforce of 1,090 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
1,090
Active EPFO establishments
1
Employee growth
9.77%
GST
Chiripal Poly Films has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC7403M1ZP | Gujarat | Active | 01 Jul 2017 |
| 36AADCC7403M1ZK | Telangana | Active | 01 Jul 2017 |
| 01AADCC7403M1ZX | Jammu and Kashmir | Active | 28 Mar 2023 |
| 24AADCC7403M2ZO | Gujarat | Active | 23 May 2024 |
To see the full GST registrations and return filing status of Chiripal Poly Films Limited, buy the company report.
Recent activity
Chiripal Poly Films Limited has 17 board changes on record since 2009: 6 appointments and 11 cessations. The latest: Ajay Kumar Vyas was appointed as Director on 03 May 2023.
AGM
Chiripal Poly Films Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 06 Apr 2022 via Charge ID 100568853 with Others was fully satisfied on 19 Sep 2025.
Charges
A charge registered on 30 Mar 2016 via Charge ID 100021377 with United Bank Of India was fully satisfied on 19 Sep 2025.
Charges
A charge registered on 30 Mar 2016 via Charge ID 100021380 with United Bank Of India was fully satisfied on 19 Sep 2025.
Charges
A charge registered on 03 Feb 2012 via Charge ID 10343635 with Punjab National Bank was fully satisfied on 19 Sep 2025.
Charges
A charge registered on 03 Feb 2012 via Charge ID 10343631 with Punjab National Bank was fully satisfied on 19 Sep 2025.
Charges
A charge with Others of Rs. 2,262.27 Cr registered on 12 Feb 2013 with Charge ID 10414083 was modified on 27 Jun 2025.
Charges
A charge registered on 30 Mar 2016 via Charge ID 100025653 with Others was fully satisfied on 24 Jun 2025.
Charges
A charge with Others of Rs. 2,262.27 Cr registered on 12 Feb 2013 with Charge ID 10414082 was modified on 16 Jun 2025.
Charges
A charge registered on 22 Mar 2024 via Charge ID 100891903 with Others was fully satisfied on 29 Apr 2025.
Charges
A charge registered on 09 Feb 2024 via Charge ID 100875585 with Others was fully satisfied on 29 Apr 2025.
Charges
A charge registered on 18 Sep 2019 via Charge ID 100289002 with Others was fully satisfied on 29 Apr 2025.
98 earlier events are in the company report.
Frequently asked questions
Chiripal Poly Films is an active public limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 31 August 2009 (17+ years old) and is registered under CIN U17120MH2009PLC195352.
Chiripal Poly Films has 6 current directors and KMP:
- Jaiprakash Devkinandan Chiripal - Managing Director
- Neeraj Kakkar - Whole-Time Director
- Purviben Anant Anand Pokhariyal - Director
- Jyotiprasad Devkinandan Chiripal - Director
- Ajay Kumar Vyas - Director
- Sumant Singhal - Ceo
The latest financial statements of Chiripal Poly Films on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chiripal Poly Films is 24AADCC7403M1ZP, registered in Gujarat. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 36AADCC7403M1ZK (Telangana), 01AADCC7403M1ZX (Jammu and Kashmir), 24AADCC7403M2ZO (Gujarat).
The CIN (Corporate Identification Number) of Chiripal Poly Films is U17120MH2009PLC195352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chiripal Poly Films has 49 court cases on record: 26 filed by the company and 23 filed against it. 15 are pending. Most are in the district courts.
Chiripal Poly Films was incorporated on 31 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Chiripal Poly Films has 23 deals on record (14 secondary share transfers, 7 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹523.07 Cr; the latest was in July 2025.
The peers of Chiripal Poly Films by revenue are Uflex Limited, Polyplex Corporation Limited, Avery Dennison (India) Private Limited, Vacmet India Limited, Cosmo First Limited and 2 more, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ajay Kumar Vyas was appointed as Director on 03 May 2023. Sumant Singhal was appointed as CEO on 03 May 2023. Ramesh Shriram Singh ceased to be Director on 16 Dec 2022. Chiripal Poly Films has 17 board changes on record in total.
Chiripal Poly Films has 11 MSME Form 1 returns on record between 2019 and 2024, listing 235 overdue payments to 88 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Chiripal Poly Films can be reached through the website chiripalpolyfilms.in. Its registered office is in Mumbai, Maharashtra, India.