- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-04-0043077

Lip Fasteners Private Limited
About Lip Fasteners Private Limited
Data last updated:
Lip Fasteners Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 12 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28910MH2011PTC220926. Its GSTIN is 27AACCL2233M1ZH (Maharashtra).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Dnyandeo Laxman Rajale and Ramkor Dnyandeo Rajale.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at M – 106/3 MIDC Waluj, Aurangabad, Maharashtra, India – 431136.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.91 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Lakh (net margin 0.2%) and EBITDA of ₹1.02 Cr (EBITDA margin 14.7%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.29 Cr and satisfied charges of ₹3.98 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is pending.
Lip Fasteners Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0043077). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Lip Fasteners
Contact details
Lip Fasteners Private Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM – 106/3 MIDC Waluj, Aurangabad, Maharashtra, India – 431136
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Lip Fasteners 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 Lip Fasteners is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Lip Fasteners Private Limited, buy the company report.
Financials of Lip Fasteners Private Limited
FY 2021 filings availableLip Fasteners Private Limited reported revenue of ₹6.91 Cr (down 46% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 46% fall in the latest year. EBITDA fell 3% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.91 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.04 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 | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Lip Fasteners Private Limited, buy the company report.
Board of directors of Lip Fasteners Private Limited
Lip Fasteners has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dnyandeo Laxman Rajale Also directs: Shree Die Cast Private Limited | Director | 12 Aug 2011 | 15 Years 2 Months | Current |
| Ramkor Dnyandeo Rajale Also directs: Shree Die Cast Private Limited | Director | 12 Aug 2011 | 15 Years 2 Months | Current |
Peer comparison
Lip Fasteners Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Micro Laser Private Limited | ₹6.93 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Lip Fasteners Private Limitedthis company | ₹6.91 Cr (FY 2021) | ₹1.04 Lakh | 0.2% | -46.0% | 57 | Aurangabad, Maharashtra, India |
| Microfit Industries Private Limited | ₹6.91 Cr (FY 2025) | 21.0% | Cuddalore, Tamil Nadu, India | |||
| Shanti Arms-Tech Private Limited | ₹6.88 Cr (FY 2025) | -21.0% | Nagpur, Maharashtra, India | |||
| Nikam Sintered Products Private Limited | ₹6.86 Cr (FY 2025) | -5.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of Lip Fasteners Private Limited, buy the company report.
Shareholding
The shareholding of Lip Fasteners Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lip Fasteners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2020 | 100418881 | Indian Overseas Bank | ₹4.82 Cr | Open | |
| 06 Mar 2014 | 10488597 | Indian Overseas Bank | ₹7.47 Cr | Open | |
| 31 Dec 2013 | 10469138 | Electronica Finance Limited | ₹40.62 Lakh | Satisfied | |
| 26 Aug 2013 | 10445125 | Electronica Finance Limited | ₹69.15 Lakh | Satisfied | |
| 12 Mar 2013 | 10416543 | State Bank of India | ₹2.89 Cr | Satisfied |
To see the full charge records of Lip Fasteners Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Lip Fasteners Private Limited has 7 court cases on record: 1 filed by Lip Fasteners, 6 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by M/S. Economic Forge Pvt Ltd Through Vishnu Balkrishna Pande | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S Economic Forge Pvt. Ltd THR Vishnu Pande | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S Economic Forge Pvt Ltd THR Vishnu Pande | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by PR. Commissioner of Income Tax 1 | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Employees State Insurance Corporation and 2 others | Disposed |
To see the full case history of Lip Fasteners 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
No delayed payments to MSME suppliers are on our record for Lip Fasteners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lip Fasteners Private Limited has a workforce of 57 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Lip Fasteners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCL2233M1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lip Fasteners Private Limited, buy the company report.
Recent activity
Lip Fasteners Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Dnyandeo Laxman Rajale was appointed as Director on 12 Aug 2011.
2 earlier events are in the company report.
Frequently asked questions
Lip Fasteners is an active private limited company based in Aurangabad, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 12 August 2011 (15+ years old) and is registered under CIN U28910MH2011PTC220926.
Lip Fasteners has 2 current directors:
- Dnyandeo Laxman Rajale - Director
- Ramkor Dnyandeo Rajale - Director
The latest financial statements of Lip Fasteners on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Lip Fasteners is 27AACCL2233M1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lip Fasteners is U28910MH2011PTC220926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lip Fasteners has 7 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Lip Fasteners was incorporated on 12 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lip Fasteners by revenue are Micro Laser Private Limited, Microfit Industries Private Limited, Shanti Arms-Tech Private Limited, Nikam Sintered Products Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Dnyandeo Laxman Rajale was appointed as Director on 12 Aug 2011. Ramkor Dnyandeo Rajale was appointed as Director on 12 Aug 2011.
Yes, Lip Fasteners is registered as a small enterprise under Udyam registration (number: UDYAM-MH-04-0043077).
The registered office of Lip Fasteners is at M – 1063 MIDC Waluj, Aurangabad, Maharashtra, India – 431136.