About Kipra Electricals Private Limited
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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.
Company details
CIN history
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 |
Contact details
Kipra Electricals Private Limited's registered office is in Valsad, Gujarat. Its website is hindmotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 203/1 Vill. Tighra Tal Pardi, Valsad, Gujarat, India – 396185
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Kipra Electricals 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 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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kipra Electricals Private Limited, buy the company report.
Financials of Kipra Electricals Private Limited
FY 2024 filings availableKipra Electricals Private Limited reported revenue of ₹303.76 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹32.54 Cr | ||||
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| Net Profit (PAT) | ₹21.87 Cr | ||||
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Financial Ratios
| 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% | ||||
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To see the full financial statements and ratios of Kipra Electricals Private Limited, buy the company report.
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
Kipra Electricals Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PRG International Electricals Private Limited. | ₹311.67 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Kipra Electricals Private Limitedthis company | ₹303.76 Cr (FY 2024) | ₹21.87 Cr | 7.2% | -12.0% | 129 | Valsad, Gujarat, India |
| Trontek Electronics Limited | ₹303.5 Cr (FY 2024) | -51.0% | New Delhi, Delhi, India | |||
| Veto Switchgears and Cables Limited | ₹302.93 Cr (FY 2025) | -1.0% | Vasai, Maharashtra, India | |||
| Kolors India Private Limited | ₹302.93 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Elin Appliances Private Limited | ₹297.03 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kipra Electricals Private Limited, buy the company report.
Auditor
Kipra Electricals Private Limited is audited by Desai Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Desai Shah & Associates | FY 2023 | 118174W |
Shareholding
The shareholding of Kipra Electricals 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 Kipra Electricals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2014 | 10518617 | Hdfc Bank Limited | ₹10 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Kipra Electricals 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
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 |
To see the full MSME payment records of Kipra Electricals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kipra Electricals Private Limited has a workforce of 129 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Kipra Electricals Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 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
The latest financial statements of Kipra Electricals 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 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 PRG International Electricals Private Limited, Trontek Electronics Limited, Veto Switchgears and Cables Limited, Kolors India Private Limited, Elin Appliances Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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.
The registered office of Kipra Electricals is at Survey No. 2031 Vill. Tighra Tal Pardi, Valsad, Gujarat, India – 396185.
Kipra Electricals operates in the consumer electronics and durables industry, in the electronics manufacturing segment.