Lipi International Private Limited

Lipi International Private Limited - packaging in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U74950MH2007PTC173651 Incorporated 30 August 2007 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company packaging MSME · Medium
Data last updated
Revenue · FY 2025
₹75.74 Cr
▲ 23% YoY
Net profit · FY 2025
₹1.92 Cr
Net margin 2.5%
EBITDA · FY 2025
₹7.12 Cr
EBITDA margin 9.4%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.05 Cr
Issued & subscribed
Open charges
₹33.16 Cr
Satisfied ₹30.94 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
88
Provident fund records

About Lipi International Private Limited

Data last updated:

Lipi International Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 30 August 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74950MH2007PTC173651. Its GSTIN is 27AABCL3537H1ZK (Maharashtra). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.05 Cr. It is led by directors including Giriraj Kothari (Whole-Time Director) and Sanat Giriraj Kothari (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Nagpur, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹75.74 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.92 Cr (net margin 2.5%) and EBITDA of ₹7.12 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 18% over five years.

The company has about 88 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: LIPI International. As per MCA filings, the company has open charges of ₹33.16 Cr and satisfied charges of ₹30.94 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 3 cases are pending. The company has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.1 Cr; the latest was in February 2020. Its 6 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 larger and 2 smaller; the largest is Padmaja Packaging Industries Ltd with revenue of ₹75.98 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 22 overdue payments to 15 micro and small suppliers.

Lipi International Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0008378). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lipipackaging.com.

Company details

CIN U74950MH2007PTC173651
Registration Number 173651
Incorporation Date 30 August 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0008378
Key People
Giriraj Kothari Whole-Time Director Sanat Giriraj Kothari Whole-Time Director Ashok Chhaganlal Kothari Director

Recognitions & Rankings of Lipi International

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-20-0008378

Contact details

Lipi International Private Limited's registered office is in Nagpur, Maharashtra. Its website is lipipackaging.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    lipipackaging.com
  • Social Media
  • Registered Address
    Opp Reliance Petrol Pump Bhandara Road Kh No 674/2 Ph No 27 Village – Vadoda Tahsil – Kampte, E, Nagpur, Maharashtra, India – 441104
  • Industry
    Packaging, Laminated & Corrugated Packaging, Paper

To see the full contact details of Lipi International Private Limited, buy the company report.

Comprehensive company report
Lipi International Private Limited - 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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Brands

Lipi International operates one associated brand: LIPI International. Each brand links to its own profile.

BrandDescriptionWebsite
LIPI International
Packaging manufacturing and services specializing in printing and food packaging in India.lipipackaging.com

Business activity

The main business activity of Lipi International is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Lipi International Private Limited, buy the company report.

Financials of Lipi International Private Limited

FY 2024 filings available

Lipi International Private Limited reported revenue of ₹75.74 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹75.74 Cr ▲ 23%
Net profit · FY 2025
₹1.92 Cr margin 2.5%
EBITDA · FY 2025
₹7.12 Cr margin 9.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 19%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 15%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 23% growth in the latest year. EBITDA rose 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹7.12 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.92 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.4%
Net Profit Margin2.5%
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 Lipi International Private Limited, buy the company report.

Board of directors of Lipi International Private Limited

Lipi International has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok Chhaganlal KothariDirector25 Sep 200719 Years 1 MonthsCurrent
Giriraj Kothari
Also directs: Ecoprithvi Ventures Private Limited
Whole-Time Director30 Aug 200719 Years 2 MonthsCurrent
Sanat Giriraj Kothari
Also directs: Ecoprithvi Ventures Private Limited
Whole-Time Director07 Jul 20188 Years 4 MonthsCurrent
View all directors

Peer comparison

Lipi International Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Padmaja Packaging Industries Ltd₹75.98 Cr (FY 2024)99.0%Kolhapur, Maharashtra, India
Shivani Flexipack Limited₹75.95 Cr (FY 2022)41.0%Sangli, Maharashtra, India
Vettiyil Packaging Private Limited₹75.92 Cr (FY 2025)4.0%Bangalore, Karnataka, India
Twilight Craft Paper Private Limited₹75.8 Cr (FY 2025)558.0%Mehsana, Gujarat, India
Lipi International Private Limitedthis company₹75.74 Cr (FY 2025)₹1.92 Cr2.5%23.0%88Nagpur, Maharashtra, India
Ramji Board and Paper Mill Private Limited₹74.73 Cr (FY 2025)45.0%Vapi, Gujarat, India
Gold Laminates (India) Limited₹73.2 Cr (FY 2025)1.0%Yamuna Nagar, Haryana, India

To see the full peer comparison of Lipi International Private Limited, buy the company report.

Auditor

Lipi International Private Limited is audited by G.K. AGRAWAL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
G.K. AGRAWAL & CO.FY 2023100128W

Shareholding

The shareholding of Lipi International 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Lipi International Private Limited, buy the company report.

Charges & borrowings

Open charges
₹33.16 Cr
Satisfied charges
₹30.94 Cr
Breakdown by lending institutions
Axis Bank Limited₹32.94 Cr
Others₹0.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Feb 2024100867635Others₹22 LakhOpen
24 Jan 2024100867629Axis Bank Limited₹1.5 CrOpen
15 Mar 2021100441973Axis Bank Limited₹50 LakhOpen
30 Aug 2017100122850Axis Bank Limited₹30.94 CrOpen
11 Aug 201510600003Indusind Bank Ltd.₹14.21 CrSatisfied

To see the full charge records of Lipi International Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Lipi International Private Limited has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.1 Cr; the latest was in February 2020.

Total deals
13
Secondary share transfers
9
Funding rounds
4
Disclosed funding
₹3.1 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Feb 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2013Secondary share transferUndisclosedBuyer: Pravind Gwaldas Lakhotia HUF, 3 individuals
Seller: Khusboo Complex Private Limited , Mangalmayee Hirise Private Limited , Baldevdas Dujari HUF
Oct 2012Secondary share transferUndisclosedBuyer: Ashokkumar Kothari HUF, Giriraj Kothari HUF, Deokisan Kothari HUF
Seller: Balram Vinimay Private Limited
Mar 2010Funding round₹1.2 CrInvestors: Khusboo Complex Private Limited , Mangalmayee Hirise Private Limited , Balram Vinimay Private Limited

To see the full deal history of Lipi International Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Lipi International Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 22 overdue payments to 15 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 15)

SupplierAmount dueDue sinceReported on
Sharp Enterprises
Westland Rubber Private Limited
an individual supplier
Royal Enterprises
Insight Print Communications Private Limited

To see the full MSME payment records of Lipi International Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Lipi International Private Limited has a workforce of 88 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
88
Active EPFO establishments
1

GST

Lipi International has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AABCL3537H1ZKMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Lipi International Private Limited, buy the company report.

Recent activity

Lipi International Private Limited has 7 board changes on record since 2007: 5 appointments and 2 cessations. The latest: Sanat Giriraj Kothari was appointed as Whole-Time Director on 07 Jul 2018.

Charges
A charge with Axis Bank Limited of Rs. 30.94 Cr registered on 30 Aug 2017 with Charge ID 100122850 was modified on 20 Oct 2025.
AGM
Lipi International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lipi International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100867635 was registered on 12 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100867629 was registered on 24 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100441973 was registered on 15 Mar 2021.
Appointed
Sanat Giriraj Kothari was appointed as Whole-Time Director.
Charges
A charge registered on 11 Aug 2015 via Charge ID 10600003 with Indusind Bank Ltd. was fully satisfied on 22 Sep 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.94 Cr with Charge ID 100122850 was registered on 30 Aug 2017.
Charges
A charge with Indusind Bank Ltd. of Rs. 14.21 Cr registered on 11 Aug 2015 with Charge ID 10600003 was modified on 19 Sep 2015.
Charges
A charge registered on 25 Jan 2012 via Charge ID 10337026 with Nagpur Nagrik Shakari Bank Ltd was fully satisfied on 22 Aug 2015.
Charges
A charge with Indusind Bank Ltd. amounted to Rs. 14.21 Cr with Charge ID 10600003 was registered on 11 Aug 2015.

12 earlier events are in the company report.

Frequently asked questions

Lipi International is an active private limited company based in Nagpur, Maharashtra, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 30 August 2007 (19+ years old) and is registered under CIN U74950MH2007PTC173651.

Lipi International has 3 current directors:

The latest financial statements of Lipi International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Lipi International is 27AABCL3537H1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Lipi International is U74950MH2007PTC173651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Lipi International has 7 court cases on record: 7 filed by the company. 3 are pending.

Lipi International was incorporated on 30 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

Lipi International has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹3.1 Cr; the latest was in February 2020.

The peers of Lipi International by revenue are Padmaja Packaging Industries Ltd, Shivani Flexipack Limited, Vettiyil Packaging Private Limited, Twilight Craft Paper Private Limited, Ramji Board and Paper Mill Private Limited and 1 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Sanat Giriraj Kothari was appointed as Whole-Time Director on 07 Jul 2018. Deokisan Chhaganlal Kothari ceased to be Director on 25 May 2015. Pawan Deokisan Kothari ceased to be Additional Director on 29 Apr 2013. Lipi International has 7 board changes on record in total.

Yes, Lipi International is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0008378).

Lipi International has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 22 overdue payments to 15 micro and small suppliers. The latest return was filed on 08 Jun 2019.