MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0104838
Cip Machineries Pvt Ltd - healthcare in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.04 Cr
▲ 38% YoY
Net profit · FY 2024
₹9.8 Lakh
Net margin 4.8%
EBITDA · FY 2024
₹34.91 Lakh
EBITDA margin 17.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Satisfied ₹4.44 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
4
Provident fund records
About Cip Machineries Pvt Ltd
Data last updated:
Cip Machineries Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 04 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1994PTC021001. Its GSTIN is 24AAACC7718E1ZZ (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Maheshbhai Nagjibhai Desai and Sagar Nagjibhai Rabari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.3901 Phase – IV – Nr Nika Tubecross Rd, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.04 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹9.8 Lakh (net margin 4.8%) and EBITDA of ₹34.91 Lakh (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CIP Mach. As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹4.44 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 4 cases are pending.
Cip Machineries Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0104838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cipmach.com.
Company details
CIN U29199GJ1994PTC021001
Registration Number 021001
Incorporation Date 04 January 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0104838
Recognitions & Rankings of Cip Machineries
Contact details
Cip Machineries Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is cipmach.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.3901 Phase – IV – Nr Nika Tubecross Rd, Ahmedabad, Gujarat, India – 382445
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Cip Machineries Pvt Ltd, buy the company report.
Comprehensive company report
Cip Machineries Pvt Ltd - 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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Brands
Cip Machineries operates one associated brand: CIP Mach. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of pharmaceutical machineries in India. | cipmach.com |
Business activity
The main business activity of Cip Machineries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Cip Machineries Pvt Ltd, buy the company report.
Financials of Cip Machineries Pvt Ltd
FY 2024 filings availableCip Machineries Pvt Ltd reported revenue of ₹2.04 Cr (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹2.04 Cr ▲ 38%
Net profit · FY 2024
₹9.8 Lakh margin 4.8%
EBITDA · FY 2024
₹34.91 Lakh margin 17.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 2%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 5%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 38% growth in the latest year. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹34.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.8 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Cip Machineries Pvt Ltd, buy the company report.
Board of directors of Cip Machineries Pvt Ltd
Cip Machineries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheshbhai Nagjibhai Desai | Director | 17 Apr 2016 | 10 Years 6 Months | Current |
| Sagar Nagjibhai Rabari | Director | 17 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Cip Machineries Pvt Ltd is audited by PRITESH PANDYA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRITESH PANDYA & CO. | FY 2022 | 0136634W |
Shareholding
The shareholding of Cip Machineries Pvt Ltd 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 Cip Machineries Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
₹4.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2022 | 100586196 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 07 May 2005 | 90103889 | Dena Bank | ₹1.6 Cr | Satisfied | |
| 07 Jan 1999 | 90103872 | Dena Bank | ₹1.35 Cr | Satisfied | |
| 11 Nov 1997 | 90103708 | Dena Bank | ₹1.35 Cr | Satisfied | |
| 18 Oct 1996 | 90103065 | Dena Bank | ₹9 Lakh | Satisfied |
To see the full charge records of Cip Machineries Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Cip Machineries Pvt Ltd has 11 court cases on record: 2 filed by Cip Machineries, 9 filed against it. 4 cases are pending and 7 are disposed.
Total cases
11
Filed by the company
2
Filed against the company
9
Pending
4
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 2 |
| High courts | 4 | 3 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Pima Controls Pvt.Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMC NTA) | Filed by the company against an individual | Pending |
| High Court of Gujarat | Court case (CR.A) | Filed against the company | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by individuals | Pending |
To see the full case history of Cip Machineries Pvt Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cip Machineries Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cip Machineries Pvt Ltd has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-20%
GST
Cip Machineries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC7718E1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cip Machineries Pvt Ltd, buy the company report.
Recent activity
Cip Machineries Pvt Ltd has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Subhash Prahladbhai Patel ceased to be Director on 01 Jun 2016.
AGM
Cip Machineries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cip Machineries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 100586196 was registered on 08 Jun 2022.
Charges
A charge registered on 07 May 2005 via Charge ID 90103889 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 07 Jan 1999 via Charge ID 90103872 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 11 Nov 1997 via Charge ID 90103708 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 18 Oct 1996 via Charge ID 90103685 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 18 Oct 1996 via Charge ID 90103065 with Dena Bank was fully satisfied on 24 Aug 2020.
Charges
A charge registered on 09 Nov 1994 via Charge ID 90102990 with Dena Bank was fully satisfied on 24 Aug 2020.
Ceased
Subhash Prahladbhai Patel ceased to be Director.
Ceased
Sunny Vallabhbhai Patel ceased to be Director.
Appointed
Maheshbhai Nagjibhai Desai was appointed as Director.
15 earlier events are in the company report.
Frequently asked questions
Cip Machineries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 04 January 1994 (32+ years old) and is registered under CIN U29199GJ1994PTC021001.
Cip Machineries has 2 current directors:
- Maheshbhai Nagjibhai Desai - Director
- Sagar Nagjibhai Rabari - Director
The latest financial statements of Cip Machineries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cip Machineries is 24AAACC7718E1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Cip Machineries is U29199GJ1994PTC021001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cip Machineries has 11 court cases on record: 2 filed by the company and 9 filed against it. 4 are pending. Most are in the district courts.
Cip Machineries was incorporated on 04 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Subhash Prahladbhai Patel ceased to be Director on 01 Jun 2016. Sunny Vallabhbhai Patel ceased to be Director on 24 May 2016. Maheshbhai Nagjibhai Desai was appointed as Director on 17 Apr 2016. Cip Machineries has 7 board changes on record in total.
Yes, Cip Machineries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0104838).
Cip Machineries can be reached through the website cipmach.com. Its registered office is in Ahmedabad, Gujarat, India.