MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0061573
Kriplon Synthetics Pvt Ltd - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.56 Cr
▼ 39% YoY
Net loss · FY 2025
₹14.08 Lakh
Net margin -0.4%
EBITDA · FY 2025
₹2.55 Cr
EBITDA margin 7%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.72 Cr
Issued & subscribed
Open charges
₹29.76 Cr
Satisfied ₹47.26 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
29
Provident fund records
About Kriplon Synthetics Pvt Ltd
Data last updated:
Kriplon Synthetics Pvt Ltd 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 19 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1989PTC052253.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.72 Cr. It is led by directors including Premchand Ramdev Kriplani (Whole-Time Director) and Haresh Ramdev Kriplani (Whole-Time 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 2025. The registered office is at 20/24 Morarjee Veljee Bldgr No 16 Kolbhat Lane Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.56 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹14.08 Lakh (net margin -0.4%) and EBITDA of ₹2.55 Cr (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.76 Cr and satisfied charges of ₹47.26 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending.
Kriplon Synthetics Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0061573). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kriplon.com.
Company details
CIN U17120MH1989PTC052253
Registration Number 052253
Incorporation Date 19 June 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0061573
Key People
Premchand Ramdev Kriplani Whole-Time Director Haresh Ramdev Kriplani Whole-Time Director Avinash Satyawan Kriplani Director Recognitions & Rankings of Kriplon Synthetics
Contact details
Kriplon Synthetics Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is kriplon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address20/24 Morarjee Veljee Bldgr No 16 Kolbhat Lane Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kriplon Synthetics Pvt Ltd, buy the company report.
Comprehensive company report
Kriplon Synthetics Pvt Ltd - one report that includes everything
- 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
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Business activity
The main business activity of Kriplon Synthetics is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Kriplon Synthetics Pvt Ltd, buy the company report.
Financials of Kriplon Synthetics Pvt Ltd
FY 2025 filings availableKriplon Synthetics Pvt Ltd reported revenue of ₹36.56 Cr (down 39% YoY) for FY 2025.
Revenue · FY 2025
₹36.56 Cr ▼ 39%
Net loss · FY 2025
₹14.08 Lakh margin -0.4%
EBITDA · FY 2025
₹2.55 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 7%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 58%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 39% fall in the latest year. EBITDA fell 4% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.08 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | -0.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kriplon Synthetics Pvt Ltd, buy the company report.
Board of directors of Kriplon Synthetics Pvt Ltd
Kriplon Synthetics has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premchand Ramdev Kriplani Also directs: Ramdev Synthetics Private Limited | Whole-Time Director | 02 Nov 1992 | 34 Years 0 Months | Current |
| Avinash Satyawan Kriplani Also directs: Ramdev Synthetics Private Limited | Director | 01 Oct 2011 | 15 Years 1 Months | Current |
| Rupesh Premchand Kriplani Also directs: Ramdev Synthetics Private Limited | Director | 12 Aug 2006 | 20 Years 3 Months | Current |
| Haresh Ramdev Kriplani Also directs: Ramdev Synthetics Private Limited | Whole-Time Director | 02 Nov 1992 | 34 Years 0 Months | Current |
Auditor
Kriplon Synthetics Pvt Ltd is audited by SHAH & TAPARIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & TAPARIA | FY 2023 | 109463W |
Shareholding
The shareholding of Kriplon Synthetics Pvt Ltd 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kriplon Synthetics Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹29.76 Cr
Satisfied charges
₹47.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2023 | 100793762 | Others | ₹20.5 Cr | Open | |
| 13 Jul 2020 | 100356370 | Others | ₹1.5 Cr | Open | |
| 30 Jun 2016 | 100072206 | Others | ₹7.76 Cr | Open | |
| 14 Jul 2015 | 10590251 | Karnataka Bank Ltd. | ₹1 Cr | Satisfied | |
| 16 Jul 2012 | 10370097 | Karnataka Bank Limited | ₹6.75 Cr | Satisfied |
To see the full charge records of Kriplon Synthetics Pvt Ltd, buy the company report.
Total charge records: 27 View all charges
Legal cases
Kriplon Synthetics Pvt Ltd has 7 court cases on record: 3 filed by Kriplon Synthetics, 4 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
3
Filed against the company
4
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against 1 JSW Steel Coated Products Ltd. Through Its Authorised Representative JSW Centre, Bandra Kurla Complex, Mumbai, Maharashtra - 400051 ,Mumbai , Maharashtra and 11 others | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Shree Ayyappa Engineering Co Through Its Proprietor Mr Suresh Raja Ppan | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against M - S Meridian International and 1 other | Disposed |
To see the full case history of Kriplon Synthetics Pvt Ltd, 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
Kriplon Synthetics Pvt Ltd has 4 MSME Form 1 returns on record between 2019 and 2022, listing 77 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S. N. Tradelink Private Limited | |||
| Shree Shakti Coal Corporation | |||
| an individual supplier | |||
| Bhayani Auxi-Chem Private Limited | |||
| Sunrise Auxichem Private Limited |
To see the full MSME payment records of Kriplon Synthetics Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kriplon Synthetics Pvt Ltd has a workforce of 29 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
45%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 29 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Kriplon Synthetics Pvt Ltd, buy the company report.
GST
No GST registration is on our record for Kriplon Synthetics Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kriplon Synthetics Pvt Ltd has 9 board changes on record since 1992: 4 appointments and 5 cessations. The latest: Satyawan Ramdev Kriplani ceased to be Whole-Time Director on 05 Nov 2018.
AGM
Kriplon Synthetics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 7.76 Cr registered on 30 Jun 2016 with Charge ID 100072206 was modified on 12 May 2025.
Filing
Kriplon Synthetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 20.50 Cr with Charge ID 100793762 was registered on 29 Sep 2023.
Charges
A charge with Others of Rs. 1.50 Cr registered on 13 Jul 2020 with Charge ID 100356370 was modified on 22 Sep 2022.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100356370 was registered on 13 Jul 2020.
Ceased
Satyawan Ramdev Kriplani ceased to be Whole-Time Director.
Charges
A charge registered on 19 Sep 2003 via Charge ID 90215807 with Citi Corp Finance India Limited was fully satisfied on 24 Apr 2018.
Charges
A charge registered on 23 Jan 2000 via Charge ID 90213490 with The State Industrial & Investment Corporation Of Maharashtra was fully satisfied on 11 Apr 2018.
Charges
A charge registered on 29 Mar 1994 via Charge ID 90212491 with The State Industrial & Investment Corporation Of Maharashtra was fully satisfied on 11 Apr 2018.
Ceased
Anand Manohar Kriplani ceased to be Whole-Time Director.
Ceased
Manohar Ramdev Kriplani ceased to be Whole-Time Director.
62 earlier events are in the company report.
Frequently asked questions
Kriplon Synthetics 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 19 June 1989 (37+ years old) and is registered under CIN U17120MH1989PTC052253.
Kriplon Synthetics has 4 current directors:
- Premchand Ramdev Kriplani - Whole-Time Director
- Haresh Ramdev Kriplani - Whole-Time Director
- Avinash Satyawan Kriplani - Director
- Rupesh Premchand Kriplani - Director
The latest financial statements of Kriplon Synthetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kriplon Synthetics is U17120MH1989PTC052253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kriplon Synthetics has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Kriplon Synthetics was incorporated on 19 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Satyawan Ramdev Kriplani ceased to be Whole-Time Director on 05 Nov 2018. Anand Manohar Kriplani ceased to be Whole-Time Director on 27 Jun 2017. Manohar Ramdev Kriplani ceased to be Whole-Time Director on 27 Jun 2017. Kriplon Synthetics has 9 board changes on record in total.
Yes, Kriplon Synthetics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0061573).
Kriplon Synthetics has 4 MSME Form 1 returns on record between 2019 and 2022, listing 77 overdue payments to 40 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Kriplon Synthetics can be reached through the website kriplon.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kriplon Synthetics is at 2024 Morarjee Veljee Bldgr No 16 Kolbhat Lane Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
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