About Kimplas Piping Systems Private Limited
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Kimplas Piping Systems Private Limited is a private limited company based in Nashik, Maharashtra, India, a subsidiary of Norma Group Asia Pacific Holding Pte Ltd. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 08 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22209MH1996PTC097037. Its GSTIN is 27AAACG3404H1Z0 (Maharashtra). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹23.85 Cr. It was formerly known as Kimplas Piping Systems Limited. It is led by directors including Rajendra Atmaram Dhage (Whole-Time Director) and Marcelo Marques Sampaio.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 20 MIDC Ambad Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹108.43 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹9.84 Cr (net margin -9.1%) and EBITDA of ₹26.96 Lakh (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company is associated with 1 brand: Kimplas. As per MCA filings, the company has open charges of ₹15.01 Cr and satisfied charges of ₹101.41 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending. The company has 8 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹139.88 Cr; the latest was in July 2018. Its 3 peer companies in the Manufacturing industry (Fittings), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 smaller; the largest is Dirak (India) Panel Fittings Private Limited with revenue of ₹107.46 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 576 overdue payments to 206 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kimplaspiping.net.
Company details
CIN history
Kimplas Piping Systems has one previous CIN (Corporate Identification Number): U31909MH1996PTC097037. The current CIN is U22209MH1996PTC097037, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22209MH1996PTC097037 | Current |
| U31909MH1996PTC097037 | Previous |
Contact details
Kimplas Piping Systems Private Limited's registered office is in Nashik, Maharashtra. Its website is kimplaspiping.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 20 MIDC Ambad Nashik, Maharashtra, India – 422010
- IndustryManufacturing, Fittings & Components
To see the full contact details of Kimplas Piping Systems 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
Brands
Kimplas Piping Systems operates one associated brand: Kimplas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pipeline and fittings products are manufactured and supplied globally. | kimplaspiping.net |
Business activity
The main business activities of Kimplas Piping Systems are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kimplas Piping Systems Private Limited, buy the company report.
Financials of Kimplas Piping Systems Private Limited
FY 2024 filings availableKimplas Piping Systems Private Limited reported revenue of ₹108.43 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 20% fall in the latest year. EBITDA fell 98% 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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| Total Expenses | |||||
| EBITDA | ₹26.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.84 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -9.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Kimplas Piping Systems Private Limited, buy the company report.
Board of directors of Kimplas Piping Systems Private Limited
Kimplas Piping Systems has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Marcelo Marques Sampaio | Additional Director | 02 Feb 2026 | 0 Years 8 Months | Current |
| Rajendra Atmaram Dhage | Whole-Time Director | 02 Feb 2026 | 0 Years 8 Months | Current |
| Sachin Agarwal | Additional Director | 02 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
Kimplas Piping Systems Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Fittings), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kimplas Piping Systems Private Limitedthis company | ₹108.43 Cr (FY 2025) | -₹9.84 Cr | -9.1% | -20.0% | Nashik, Maharashtra, India | |
| Dirak (India) Panel Fittings Private Limited | ₹107.46 Cr (FY 2025) | 16.0% | Bengaluru, Karnataka, India | |||
| Fusion Industries Limited | ₹105.68 Cr (FY 2025) | 15.0% | Haryana, India | |||
| Sumo Polyplast Private Limited | ₹105.21 Cr (FY 2025) | -23.0% | Lodhika, Gujarat, India |
To see the full peer comparison of Kimplas Piping Systems Private Limited, buy the company report.
Auditor
Kimplas Piping Systems Private Limited is audited by Price Waterhouse Chartered Accountant LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountant LLP | FY 2023 | 01275N/N500016 |
Shareholding
The shareholding of Kimplas Piping Systems 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 Kimplas Piping Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2025 | 101175364 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Open | |
| 20 Jan 2025 | 101041786 | Others | ₹1.35 Lakh | Open | |
| 22 Jan 2018 | 100157978 | Others | ₹12.25 Cr | Satisfied | |
| 07 Nov 2017 | 100158657 | Others | ₹1.2 Cr | Satisfied | |
| 27 Oct 2017 | 100145687 | Others | ₹43.53 Lakh | Satisfied |
To see the full charge records of Kimplas Piping Systems Private Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
Kimplas Piping Systems Private Limited has 8 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹139.88 Cr; the latest was in July 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Norma Group Asia Pacifi Holding Pte Ltd Seller: Trenton Investments Company Pvt Ltd , Shree Garuda Plant Products Private Limited |
| Jun 2014 | Debt financing | ₹12 Cr | Investors: Trenton Investments Company Pvt Ltd , Shree Garuda Plant Products Private Limited |
| Dec 2012 | Rights issue | ₹12 Cr | Investors: Trenton Investments Company Pvt Ltd , Shree Garuda Plant Products Private Limited |
| Jun 2011 | Funding round | ₹1 Cr | Investors: Shree Garuda Plant Products Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Trenton Investments Company Pvt Ltd Seller: Ahura Aashna Trading and Investments Pri Vate Limited |
To see the full deal history of Kimplas Piping Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kimplas Piping Systems Private Limited has 3 court cases on record: 3 filed by Kimplas Piping Systems. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against M/S Saisanket Enterprises | Pending |
To see the full case history of Kimplas Piping Systems 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
Kimplas Piping Systems Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 576 overdue payments to 206 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 (5 of 206)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| JV Fluoro Industries | |||
| Purohit Steel Co. | |||
| Domo Engineering Plastics India Private Limited |
To see the full MSME payment records of Kimplas Piping Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kimplas Piping Systems has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG3404H1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 09AAACG3404H1ZY | Uttar Pradesh | Active | 01 Jul 2017 |
| 23AAACG3404H1Z8 | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AAACG3404H1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kimplas Piping Systems Private Limited, buy the company report.
Recent activity
Kimplas Piping Systems Private Limited has 23 board changes on record since 2008: 7 appointments and 16 cessations. The latest: Marcelo Marques Sampaio was appointed as Additional Director on 02 Feb 2026.
81 earlier events are in the company report.
Frequently asked questions
Kimplas Piping Systems is an active private limited company based in Nashik, Maharashtra, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 08 February 1996 (30+ years old) and is registered under CIN U22209MH1996PTC097037.
Kimplas Piping Systems has 3 current directors:
- Rajendra Atmaram Dhage - Whole-Time Director
- Marcelo Marques Sampaio - Additional Director
- Sachin Agarwal - Additional Director
The latest financial statements of Kimplas Piping Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kimplas Piping Systems is 27AAACG3404H1Z0, registered in Maharashtra. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAACG3404H1ZY (Uttar Pradesh), 23AAACG3404H1Z8 (Madhya Pradesh), 24AAACG3404H1Z6 (Gujarat).
The CIN (Corporate Identification Number) of Kimplas Piping Systems is U22209MH1996PTC097037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kimplas Piping Systems has 3 court cases on record: 3 filed by the company. 3 are pending.
Kimplas Piping Systems was incorporated on 08 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Kimplas Piping Systems has 8 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹139.88 Cr; the latest was in July 2018.
The peers of Kimplas Piping Systems by revenue are Dirak (India) Panel Fittings Private Limited, Fusion Industries Limited, Sumo Polyplast Private Limited, all in the Manufacturing industry (Fittings), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Marcelo Marques Sampaio was appointed as Additional Director on 02 Feb 2026. Rajendra Atmaram Dhage was appointed as Whole-Time Director on 02 Feb 2026. Sachin Agarwal was appointed as Additional Director on 02 Feb 2026. Kimplas Piping Systems has 23 board changes on record in total.
Kimplas Piping Systems has 13 MSME Form 1 returns on record between 2019 and 2023, listing 576 overdue payments to 206 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Kimplas Piping Systems can be reached through the website kimplaspiping.net. Its registered office is in Nashik, Maharashtra, India.