About Kipra Electricals Private Limited
Data last updated:
Kipra Electricals Private Limited is a private limited company based in Valsad, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2014PTC093584. Its GSTIN is 24AAFCK4832J1ZI (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹82,420. It is led by directors including Sanjay Jadia Pravinchandra (Managing Director) and Siddharth Kishorchandra Desai (Managing Director).
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 Survey No. 203/1 Vill. Tighra Tal Pardi, Valsad, Gujarat, India – 396185.
As per the financials filed for FY 2024, the company reported a revenue of ₹303.76 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹21.87 Cr (net margin 7.2%) and EBITDA of ₹32.54 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 129 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hindmotors.com.
CIN History of Kipra Electricals Private Limited
Kipra Electricals has one previous CIN (Corporate Identification Number): U31900MH2014PTC253888. The current CIN is U31900GJ2014PTC093584, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31900GJ2014PTC093584 | Current |
| U31900MH2014PTC253888 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSurvey No. 203/1 Vill. Tighra Tal Pardi, Valsad, Gujarat, India – 396185
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Kipra Electricals Private Limited
The main business activity of Kipra Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kipra Electricals Private Limited FY 2024 filings available
Kipra Electricals Private Limited reported revenue of ₹303.76 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kipra Electricals Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 13% 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 of Kipra Electricals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹32.54 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.87 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Kipra Electricals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kipra Electricals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Kipra Electricals Private Limited
Kipra Electricals has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Jadia Pravinchandra Also directs: Paras Pump Private Limited, Pravin Jadia Foundation | Managing Director | 06 Mar 2014 | 12 Years 7 Months | Current |
| Kinjal Siddharth Desai Also directs: Paras Pump Private Limited | Director | 28 Apr 2021 | 5 Years 5 Months | Current |
| Sejal Sanjay Jadia Also directs: Paras Pump Private Limited, Pravin Jadia Foundation | Director | 25 Sep 2014 | 12 Years 0 Months | Current |
| Laxmanbhai Bhanabhai Patel | Additional Director | 15 Mar 2025 | 1 Years 7 Months | Current |
| Siddharth Kishorchandra Desai Also directs: Paras Pump Private Limited | Managing Director | 06 Mar 2014 | 12 Years 7 Months | Current |
Peer Comparison of Kipra Electricals Private Limited
Kipra Electricals Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hanam Electricity India Private Limited | ₹314.39 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| PRG International Electricals Private Limited. | ₹311.67 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| KLK Ventures Private Limited | ₹307.09 Cr (FY 2025) | •••• | •••• | 124.0% | •••• | New Delhi, Delhi, India |
| Intex Technologies (India) Limited | ₹305.46 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Leoch Batteries India Private Limited | ₹304.83 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Kipra Electricals Private Limited this company | ₹303.76 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Valsad, Gujarat, India |
| Trontek Electronics Limited | ₹303.5 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | New Delhi, Delhi, India |
| Veto Switchgears and Cables Limited Listed | ₹302.93 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Vasai, Maharashtra, India |
| Kolors India Private Limited | ₹302.93 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Genus Innovation Limited | ₹301.24 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Haridwar, Uttarakhand, India |
| Elin Appliances Private Limited | ₹297.03 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Kipra Electricals by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kipra Electricals Private Limited
Kipra Electricals Private Limited is audited by Desai Shah & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Desai Shah & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Kipra Electricals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kipra Electricals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Sep 2014 | Hdfc Bank Limited | ₹10 Cr | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Kipra Electricals Private Limited
Kipra Electricals Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 93 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| DN Castech | •••• | •••• | •••• |
| Metcon Coatings and Chemicals (India) Private Limited | •••• | •••• | •••• |
| Khodiyar Plastics | •••• | •••• | •••• |
| Metal Craft Engineering & Spring Industries | •••• | •••• | •••• |
| Shining Engineers and Founders Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Kipra Electricals Private Limited
Kipra Electricals Private Limited has a workforce of 129 employees as of Mar 25, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Kipra Electricals Private Limited
Kipra Electricals Private Limited has 12 board changes on record since 2014: 6 appointments and 6 cessations. The latest: Laxmanbhai Bhanabhai Patel was appointed as Additional Director on 15 Mar 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kipra Electricals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kipra Electricals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kipra Electricals Private Limited
Kipra Electricals has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCK4832J1ZI | Gujarat | Active | 01 Jul 2017 |
| 27AAFCK4832J2ZB | Maharashtra | Active | 29 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kipra Electricals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Kipra Electricals Private Limited
Frequently Asked Questions about Kipra Electricals Private Limited
Kipra Electricals is an active private limited company based in Valsad, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 March 2014 (12+ years old) and is registered under CIN U31900GJ2014PTC093584.
Kipra Electricals reported revenue of ₹303.76 Cr for FY 2024 (down 12% YoY).
Kipra Electricals has 5 current directors:
- Sanjay Jadia Pravinchandra - Managing Director
- Siddharth Kishorchandra Desai - Managing Director
- Kinjal Siddharth Desai - Director
- Sejal Sanjay Jadia - Director
- Laxmanbhai Bhanabhai Patel - Additional Director
Kipra Electricals reported a net profit of ₹21.87 Cr (net margin 7.2%) and EBITDA of ₹32.54 Cr (EBITDA margin 10.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kipra Electricals is 6% over three years and 3% over five years. In the latest year (FY 2024) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kipra Electricals is 24AAFCK4832J1ZI, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAFCK4832J2ZB (Maharashtra).
The CIN (Corporate Identification Number) of Kipra Electricals is U31900GJ2014PTC093584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kipra Electricals was incorporated on 06 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kipra Electricals by revenue are Hanam Electricity India Private Limited, PRG International Electricals Private Limited, KLK Ventures Private Limited, Intex Technologies (India) Limited, Leoch Batteries India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Laxmanbhai Bhanabhai Patel was appointed as Additional Director on 15 Mar 2025. Kinjal Siddharth Desai was appointed as Director on 28 Apr 2021. Sanjay Jadia Pravinchandra ceased to be Director on 01 Jan 2018. Kipra Electricals has 12 board changes on record in total.
Kipra Electricals has 10 MSME Form 1 returns on record between 2019 and 2024, listing 93 overdue payments to 8 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Kipra Electricals can be reached through the website hindmotors.com. Its registered office is in Valsad, Gujarat, India.