Cipy Poly Urethanes Private Limited - Company Profile

It is a manufacturing private limited company based in Pune, Maharashtra, India, established in 1994.

1994 Pune, Maharashtra, India Amalgamated

Last Updated: July 27, 2025

About Cipy Poly Urethanes Private Limited

Cipy Poly Urethanes Private Limited, a amalgamated private limited company, was established on 29 November 1994 in Pune, Maharashtra, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U24219PN1994PTC083328. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.42 M.

It upholds a compliant status. Employing 171 professional, Its leadership includes Himanshu Kapadia (Director), Subhash Cheralayathpanku Cipy (Director), Rajaram Moreshwar Ajgaonkar (Director). Past directors included Sabitha Subhash Cipy, Himanshu Kapadia, Subhash Cheralayathpanku Cipy. It holds no open charges and ₹82.99 Cr settled loans. Its latest AGM occurred on 27 July 2021, with the balance sheet filed on 31 March 2021. It is based at T-127 Midc Industrial Area Bhosari, Pune, Maharashtra, 411026.

Company Details

CIN/LLPIN
U24219PN1994PTC083328
Registration Number
083328
Incorporation Date
29 November 1994
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹9.42 M
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 27-07-2025
Paid Up Capital ₹ 9.42 M as on 27-07-2025
Company Age 31 Year, 2 Months
Last Filing with ROC 31 Mar 2021
Satisfied Charges ₹ 82.99 Cr as on 27-07-2025
Revenue Growth **** -26.61% (FY 2021)
Profit Growth **** -97.28% (FY 2021)
Ebitda **** -89.27% (FY 2021)
Net Worth 0.17% (FY 2021)
Total Assets **** 5.56% (FY 2021)

Comprehensive Company Insights

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Who are the key members and board of directors at Cipy Poly Urethanes Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Himanshu Kapadia	Director	30 Jul 2020	Current
Subhash Cheralayathpanku Cipy	Director	29 Nov 1994	Current
Rajaram Moreshwar Ajgaonkar	Director	25 Jun 2019	Current
Anand Sawroop Khanna	Director	25 Jun 2019	Current
Sanjay Bahadur	Director	09 Feb 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	09 Feb 2018	Past
Pramod Abcsdd	Additional Director	21 Aug 2020	Past
Pramod Abcsdd	Managing Director	29 Apr 2021	Past
Pramod Abcsdd	Additional Director	16 Jul 2019	Past
Pramod Abcsdd	Additional Director	27 Sep 2018	Past
Pramod Abcsdd	Additional Director	16 Jul 2019	Past

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Financial Performance of Cipy Poly Urethanes.

Cipy Poly Urethanes Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 26.61% decrease. The company also saw a substantial fall in profitability, with a 97.28% decrease in profit. The company's net worth moved up by a moderate rise of 0.17%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-26.61%

*******

Revenue from Operations

*******

-26.11%

*******

Total Assets

*******

5.56%

*******

Profit or Loss

*******

-97.28%

*******

Net Worth

*******

0.17%

*******

EBITDA

*******

-89.27%

*******

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What is the Ownership and Shareholding Structure of Cipy Poly Urethanes?

In 2021, Cipy Poly Urethanes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹829,899,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 39.00 Cr
Axis Bank Limited : 32.00 Cr
Dbs Bank Ltd : 6.00 Cr
Indian Bank : 5.89 Cr
I.C.I.C.I. Banking Corporation Ltd. : 0.10 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 May 2018	Hdfc Bank Limited	₹39.00 Cr	Satisfied
15 Nov 2016	Dbs Bank Ltd	₹6.00 Cr	Satisfied
10 Mar 2007	Axis Bank Limited	₹32.00 Cr	Satisfied
28 Nov 2001	Indian Bank	₹5.22 Cr	Satisfied
17 Sep 1997	Indian Bank	₹0.70 M	Satisfied

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How Many Employees Work at Cipy Poly Urethanes?

Cipy Poly Urethanes has a workforce of 171 employees as of Apr 08, 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Cipy Poly Urethanes, 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 Cipy Poly Urethanes's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Cipy Poly Urethanes

Recent Activity within the Organization

Charges

A charge registered on 05 May 2018 via Charge ID 100217803 with Hdfc Bank Limited was fully satisfied on 04 Feb 2022. was recorded as a recent event.
04 Feb 2022
Annual General Meeting

The activity Cipy Poly Urethanes Private Limited last Annual general meeting of members was held on 27 Jul 2021 as per latest MCA records. was completed.
27 Jul 2021
Balance Sheet

Progress on Cipy Poly Urethanes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Pune. was documented.
31 Mar 2021
Director Appointment

Progress on Himanshu Kapadia was appointed as a Director was appointed as a Director on 30 Jul 2020 & has been associated with this company since 5 years 6 months . was documented.
30 Jul 2020
Charges

A charge registered on 15 Nov 2016 via Charge ID 100066366 with Dbs Bank Ltd was fully satisfied on 25 Jun 2020. was recorded as a recent event.
25 Jun 2020
Charges

The activity A charge with Hdfc Bank Limited of Rs. 39.00 Cr registered on 05 May 2018 with Charge ID 100217803 was modified on 13 Sep 2019. was completed.
13 Sep 2019

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