- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0001567

About Cipl India Private Limited
Data last updated:
Cipl India Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the engineering sector. It was incorporated on 29 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2010PTC061762. Its GSTIN is 24AAECC0795R1Z5 (Gujarat).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Competent Instrumentations Private Limited. It is led by directors including Rajkumar Bhatia and Sanjeev Kumar Ratti.
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 203/204 Capri House Anand Society B\H Express Hotel Alkapuri, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.56 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹64.31 Lakh (net margin 9.8%) and EBITDA of ₹1.44 Cr (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 12% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.89 Cr and satisfied charges of ₹9.2 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Cipl India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0001567). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cipl-india.com.
Company details
Recognitions & Rankings of Cipl India
Contact details
Cipl India Private Limited's registered office is in Vadodara, Gujarat. Its website is cipl-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address203/204 Capri House Anand Society B\H Express Hotel Alkapuri, Vadodara, Gujarat, India – 390007
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Cipl India 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
Business activity
The main business activity of Cipl India is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Cipl India Private Limited, buy the company report.
Financials of Cipl India Private Limited
FY 2025 filings availableCipl India Private Limited reported revenue of ₹6.56 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 40% 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 | ₹1.44 Cr | ||||
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| Net Profit (PAT) | ₹64.31 Lakh | ||||
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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 | 22% | ||||
| Net Profit Margin | 9.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Cipl India Private Limited, buy the company report.
Board of directors of Cipl India Private Limited
Cipl India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Bhatia Also directs: Shree Material Handling Equipments Limited | Director | 29 Jul 2010 | 16 Years 3 Months | Current |
| Sanjeev Kumar Ratti | Director | 29 Jul 2010 | 16 Years 3 Months | Current |
| Abha Sanjeev Ratti | Director | 29 Jul 2010 | 16 Years 3 Months | Current |
| Abhinav Sanjeev Ratti | Director | 24 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Cipl India Private Limited is audited by VCA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VCA & Associates | FY 2023 | 114414W |
Shareholding
The shareholding of Cipl India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cipl India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2020 | 100385987 | Others | ₹85 Lakh | Open | |
| 11 Jun 2020 | 100346329 | Bank of India | ₹1.46 Cr | Open | |
| 31 Jul 2019 | 100279622 | Others | ₹3.58 Cr | Open | |
| 20 Jun 2013 | 10439196 | State Bank of India | ₹4.6 Cr | Satisfied | |
| 12 Jan 2011 | 10262112 | State Bank of India | ₹4.6 Cr | Satisfied |
To see the full charge records of Cipl India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Cipl India Private Limited has 2 court cases on record: 1 filed by Cipl India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against M/S Divyanshi Enterprisse -Authorised Mr. Arun Bhattacharya (General Manager - Marketing) | Disposed |
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat R.L.Saha, Labour Enfocement Officer | Disposed |
To see the full case history of Cipl India 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.
MSME payment delays
Cipl India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Central Hardware Industries | |||
| Pace Technologies | |||
| Micron |
To see the full MSME payment records of Cipl India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cipl India Private Limited has a workforce of 16 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Cipl India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECC0795R1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cipl India Private Limited, buy the company report.
Recent activity
Cipl India Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Abhinav Sanjeev Ratti was appointed as Director on 24 Jan 2015.
5 earlier events are in the company report.
Frequently asked questions
Cipl India is an active private limited company based in Vadodara, Gujarat, India. The company works in the engineering industry. It was incorporated on 29 July 2010 (16+ years old) and is registered under CIN U45200GJ2010PTC061762.
Cipl India has 4 current directors:
- Rajkumar Bhatia - Director
- Sanjeev Kumar Ratti - Director
- Abha Sanjeev Ratti - Director
- Abhinav Sanjeev Ratti - Director
The latest financial statements of Cipl India 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 Cipl India is 24AAECC0795R1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Cipl India is U45200GJ2010PTC061762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cipl India has 2 court cases on record: 1 filed by the company and 1 filed against it.
Cipl India was incorporated on 29 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Abhinav Sanjeev Ratti was appointed as Director on 24 Jan 2015. Abha Sanjeev Ratti was appointed as Director on 29 Jul 2010. Rajkumar Bhatia was appointed as Director on 29 Jul 2010. Cipl India has 4 board changes on record in total.
Yes, Cipl India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0001567).
Cipl India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 May 2019.
Cipl India can be reached through the website cipl-india.com. Its registered office is in Vadodara, Gujarat, India.