Hipolin Ltd - Company Profile

Q: Where is Hipolin Ltd headquartered?

Hipolin Ltd is headquartered at Survey No. 22, Paiki, Mouje Behind Safe Express Logistic, Changodar,, Sanand, Ahmedabad, Gujarat, 382213.

Q: Who are the current directors of Hipolin Ltd?

The current directors of Hipolin Ltd are Nita Bharatbhai Shah, Umeshchandra Prafulvadan Mehta, Daxesh Bhupendrabhai Shah, Prafulla Gattani, Avni Chouhan, Shaileshkumar Jayantilal Shah, Samir Rohitbhai Shah, Anjali Maheshwari.

It is a fmcg public limited company based in Ahmedabad, Gujarat, India, established in 1994.

1994 Ahmedabad, Gujarat, India Active

Last Updated: December 23, 2025

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About Hipolin Ltd

Hipolin Ltd, a active public limited company, was established on 31 March 1994 in Ahmedabad, Gujarat, India. Engaging in soaps & detergents within the manufacturing sector, it holds CIN: L24240GJ1994PLC021719. Registered under ROC Roc Ahmedabad. it is listed on BSE: 530853. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.13 Cr.

Formerly known as Hipolin Detergents Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹15.95 Cr and a net worth of ₹12.31 Cr. Employing 23 professional, Its leadership includes Nita Bharatbhai Shah (Director), Umeshchandra Prafulvadan Mehta (Director), Daxesh Bhupendrabhai Shah (Director). Past directors included Nita Bharatbhai Shah, Umeshchandra Prafulvadan Mehta, Apexa Ajaykumar Panchal. It holds no open charges and ₹26.06 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Survey No. 2/2, Paiki, Mouje Behind Safe Express Logistic, Changodar,, Sanand, Ahmedabad, Gujarat, 382213.

Company Details

CIN/LLPIN
L24240GJ1994PLC021719
Registration Number
021719
Incorporation Date
31 March 1994
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹3.13 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 530853)
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 23-12-2025
Paid Up Capital ₹ 3.13 Cr as on 23-12-2025
Company Age 31 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 26.06 Cr as on 23-12-2025
Revenue Growth **** 28.06% (FY 2023)
Profit Growth **** 885.12% (FY 2023)
Ebitda **** -9.80% (FY 2023)
Net Worth 162.73% (FY 2023)
Total Assets **** 40.60% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Hipolin Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hipolin Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Nita Bharatbhai Shah	Director	06 Aug 2014	Current
Umeshchandra Prafulvadan Mehta	Director	08 Dec 2014	Current
Daxesh Bhupendrabhai Shah	Director	18 Dec 2021	Current
Prafulla Gattani	Managing Director	11 Sep 2023	Current
Avni Chouhan	Additional Director	24 Jun 2023	Current
Shaileshkumar Jayantilal Shah	Director	31 Jul 2009	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2014	Past
Pramod Abcsdd	Additional Director	30 Sep 2015	Past
Pramod Abcsdd	Company Secretary	17 Jan 2022	Past
Pramod Abcsdd	Director	09 Nov 2016	Past
Pramod Abcsdd	Additional Director	28 Sep 2022	Past
Pramod Abcsdd	Whole-Time Director	18 Dec 2021	Past

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Financial Performance of Hipolin.

Hipolin Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 28.06% increase. The company also saw a substantial improvement in profitability, with a 885.12% increase in profit. The company's net worth Soared by an impressive increase of 162.73%.

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

********

28.06%

*******

Revenue from Operations

*******

27.34%

*******

Total Assets

*******

40.60%

*******

Profit or Loss

*******

885.12%

*******

Net Worth

*******

162.73%

*******

EBITDA

*******

-9.80%

*******

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What is the Ownership and Shareholding Structure of Hipolin?

In 2023, Hipolin had a promoter holding of 73.72% and a public holding of 26.27%. The company had 1 Subsidiary. 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

₹260,572,069.00

Charges Breakdown by Lending Institutions

Bank Of India : 19.95 Cr
Hdfc Bank Limited : 4.00 Cr
Yes Bank Limited : 0.90 Cr
The Kalupur Commercial Co-Operative Bank Limited : 0.50 Cr
The Kalupur Commercial Co-Op. Bank Ltd. : 0.50 Cr
Others : 0.21 Cr

Latest Charge Details

Date	Lender	Amount	Status
08 Jan 2018	Others	₹0.80 M	Satisfied
05 Jul 2017	The Kalupur Commercial Co-Operative Bank Limited	₹5.00 M	Satisfied
28 Jan 2014	Axis Bank Limited	₹0.75 M	Satisfied
06 Sep 2013	Hdfc Bank Limited	₹4.00 Cr	Satisfied
12 Apr 2013	Ahmedabad Mercantile Co-Operative Bank Ltd.	₹0.53 M	Satisfied

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How Many Employees Work at Hipolin?

Hipolin has a workforce of 23 employees as of Apr 05, 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 Hipolin, 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 Hipolin'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 Hipolin

Recent Activity within the Organization

Annual General Meeting

Hipolin Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Balance Sheet

Hipolin Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2024
Director Appointment

Progress on Prafulla Gattani was appointed as a Managing Director was appointed as a Managing Director on 11 Sep 2023 & has been associated with this company since 2 years 5 months . was documented.
11 Sep 2023
Director Appointment

The activity Avni Chouhan was appointed as a Additional Director was appointed as a Additional Director on 24 Jun 2023 & has been associated with this company since 2 years 7 months . was completed.
24 Jun 2023
Director Appointment

Progress on Anjali Maheshwari was appointed as a Company Secretary was appointed as a Company Secretary on 17 May 2023 & has been associated with this company since 2 years 8 months . was documented.
17 May 2023
Director Appointment

Daxesh Bhupendrabhai Shah was appointed as a Director was appointed as a Director on 18 Dec 2021 & has been associated with this company since 4 years 1 month . was recorded as a recent event.
18 Dec 2021

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