Dipu Associates Private Limited
About Dipu Associates Private Limited
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Dipu Associates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17309MH2018PTC308972. Its GSTIN is 27AAGCD6782M1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Gokul Mansukhlal Kotecha and Sagar Jethalal Kotecha.
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 314 Ghanshyam Enclave Link Road Plot No. 854, Kandivali(West) Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.32 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹66.75 Lakh (net margin -2.4%) and EBITDA of -₹2.62 Lakh (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 40% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.32 Cr on record.
Company details
Contact details
Dipu Associates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address314 Ghanshyam Enclave Link Road Plot No. 854, Kandivali(West) Mumbai, Maharashtra, India – 400067
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Dipu Associates 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 activities of Dipu Associates are manufacturing and support service to organizations. In detail, this covers textile, leather and other apparel products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Dipu Associates Private Limited, buy the company report.
Financials of Dipu Associates Private Limited
FY 2024 filings availableDipu Associates Private Limited reported revenue of ₹28.32 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 102% 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 |
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| EBITDA | -₹2.62 Lakh | ||||
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| Net Profit (PAT) | -₹66.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -2.4% | ||||
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To see the full financial statements and ratios of Dipu Associates Private Limited, buy the company report.
Board of directors of Dipu Associates Private Limited
Dipu Associates has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gokul Mansukhlal Kotecha | Director | 15 Aug 2020 | 6 Years 2 Months | Current |
| Sagar Jethalal Kotecha Also directs: Dipu Industries Private Limited | Director | 04 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Dipu Associates Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B.B.Knitting Works Private Limited | ₹28.41 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Joy Poly Fab Private Limited | ₹28.4 Cr (FY 2024) | -11.0% | Vapi, Gujarat, India | |||
| Diamond Mink Blankets Limited | ₹28.37 Cr (FY 2024) | -10.0% | Punjab, India | |||
| Siddhi Spinners Private Limited | ₹28.35 Cr (FY 2025) | -4.0% | Kalol, Gujarat, India | |||
| Dipu Associates Private Limitedthis company | ₹28.32 Cr (FY 2025) | -₹66.75 Lakh | -2.4% | -24.0% | 36 | Mumbai, Maharashtra, India |
| Bramha Cotfab Private Limited | ₹28.31 Cr (FY 2024) | 9.0% | Shirpur, Maharashtra, India | |||
| Citizen Technical Textiles Private Limited | ₹28.31 Cr (FY 2020) | 30.0% | Kolkata, West Bengal, India | |||
| K N M Mills Private Limited | ₹28.3 Cr (FY 2025) | -9.0% | Coimbatore, Tamil Nadu, India | |||
| Gourav Suitings Private Limited | ₹28.28 Cr (FY 2025) | 39.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Dipu Associates Private Limited, buy the company report.
Auditor
Dipu Associates Private Limited is audited by N B PRAJAPATI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N B PRAJAPATI & CO | FY 2023 | 191086 |
Shareholding
The shareholding of Dipu Associates Private Limited 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 Dipu Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2025 | 101069068 | Others | ₹45.08 Cr | Open | |
| 11 Oct 2023 | 100818486 | Others | ₹24 Lakh | Open | |
| 14 Feb 2022 | 100542319 | Others | ₹1 Cr | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Dipu Associates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dipu Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dipu Associates Private Limited has a workforce of 36 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Dipu Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD6782M1ZZ | Maharashtra | Active | 28 Nov 2018 |
To see the full GST registrations and return filing status of Dipu Associates Private Limited, buy the company report.
Recent activity
Dipu Associates Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Gaurav Dilip Kotecha ceased to be Director on 31 Jan 2022.
Frequently asked questions
Dipu Associates is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 May 2018 (8+ years old) and is registered under CIN U17309MH2018PTC308972.
Dipu Associates has 2 current directors:
- Gokul Mansukhlal Kotecha - Director
- Sagar Jethalal Kotecha - Director
The latest financial statements of Dipu Associates 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 FY 2019 are in the company report.
The GSTIN of Dipu Associates is 27AAGCD6782M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dipu Associates is U17309MH2018PTC308972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dipu Associates was incorporated on 04 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dipu Associates by revenue are B.B.Knitting Works Private Limited, Joy Poly Fab Private Limited, Diamond Mink Blankets Limited, Siddhi Spinners Private Limited, Bramha Cotfab Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Gaurav Dilip Kotecha ceased to be Director on 31 Jan 2022. Utsav Hiten Kotecha ceased to be Director on 31 Jan 2022. Gokul Mansukhlal Kotecha ceased to be Additional Director on 30 Dec 2020. Dipu Associates has 6 board changes on record in total.
The registered office of Dipu Associates is at 314 Ghanshyam Enclave Link Road Plot No. 854, KandivaliWest Mumbai, Maharashtra, India – 400067.
Dipu Associates operates in the manufacturing industry, in the textile and fabric production segment.
Dipu Associates has open charges of ₹46.32 Cr and no satisfied charges on record as per latest MCA filings.