Nipso Polyfabrics Ltd
About Nipso Polyfabrics Ltd
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Nipso Polyfabrics Ltd is a public limited company based in Himachal Pardesh, Himachal Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 August 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U17114HP1984PLC005911. Its GSTIN is 02AAACN5380R2Z4 (Himachal Pradesh). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹99.65 Lakh. It is led by directors including Narinder Singh Josan and Navdeep Pal Singh.
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 31 Industrial Areamehtpur Solan, Himachal Pardesh, Himachal Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.14 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹62.88 Lakh (net margin -5.2%) and EBITDA of ₹20.47 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹14.6 Cr and satisfied charges of ₹2.14 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nipso Polyfabrics Ltd's registered office is in Himachal Pardesh, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address31 Industrial Areamehtpur Solan, Himachal Pardesh, Himachal Pradesh, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Nipso Polyfabrics Ltd, 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 Nipso Polyfabrics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Nipso Polyfabrics Ltd, buy the company report.
Financials of Nipso Polyfabrics Ltd
FY 2025 filings availableNipso Polyfabrics Ltd reported revenue of ₹12.14 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 16% fall in the latest year. EBITDA rose 172% 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 |
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| EBITDA | ₹20.47 Lakh | ||||
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| Net Profit (PAT) | -₹62.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | -5.2% | ||||
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To see the full financial statements and ratios of Nipso Polyfabrics Ltd, buy the company report.
Board of directors of Nipso Polyfabrics Ltd
Nipso Polyfabrics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narinder Singh Josan Also directs: Ecolite Industries Limited | Director | 09 Aug 1984 | 42 Years 2 Months | Current |
| Navdeep Pal Singh | Director | 09 Feb 2004 | 22 Years 8 Months | Current |
| Karmtej Singh Kang | Director | 30 Sep 2008 | 18 Years 1 Months | Current |
Peer comparison
Nipso Polyfabrics Ltd is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Integrated Weaving India Private Limited | ₹12.16 Cr (FY 2023) | 30.0% | Namakkal, Tamil Nadu, India | |||
| Ihf Clothing Private Limited | ₹12.16 Cr (FY 2024) | 208.0% | New Delhi, Delhi, India | |||
| Khalsa Cotspin Private Limited | ₹12.16 Cr (FY 2024) | -8.0% | Punjab, India | |||
| Roopfab Industries Private Limited | ₹12.15 Cr (FY 2025) | 42.0% | Umbergaon, Gujarat, India | |||
| Nipso Polyfabrics Ltdthis company | ₹12.14 Cr (FY 2025) | -₹62.88 Lakh | -5.2% | -16.0% | Himachal Pardesh, Himachal Pradesh, India | |
| Aamir Zariwala Private Limited | ₹12.14 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Hue Chem Textiles Private Limited | ₹12.12 Cr (FY 2025) | -34.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nipso Polyfabrics Ltd, buy the company report.
Auditor
Nipso Polyfabrics Ltd is audited by P.K. VASUDEVA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K. VASUDEVA & CO. | FY 2023 | 000724N |
Shareholding
The shareholding of Nipso Polyfabrics 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 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 Nipso Polyfabrics Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2010 | 10216631 | General Manager | ₹13.59 Lakh | Open | |
| 29 Mar 1996 | 90172726 | State Bank of Patiala | ₹1.19 Cr | Open | |
| 24 Mar 1996 | 90172727 | State Bank of Patiala | ₹1.19 Cr | Open | |
| 07 Dec 1995 | 90167187 | State Bank of Patiala | ₹1.19 Cr | Open | |
| 07 Dec 1995 | 90167242 | State Bank of Patiala | ₹3.3 Cr | Open |
To see the full charge records of Nipso Polyfabrics Ltd, buy the company report.
Total charge records: 15 View all charges
Legal cases
Nipso Polyfabrics Ltd has 9 court cases on record: 5 filed by Nipso Polyfabrics, 4 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 4 | 3 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Una, Himachal Pradesh | Court case (Suit For Recovery) | Filed by the company against Khandey Industries | Pending |
| High Court of Himachal Pradesh | Court case (CR.A) | Filed by the company against an individual | Pending |
| District court, Una, Himachal Pradesh | Civil miscellaneous application | Filed against the company by individuals | Disposed |
| District court, Una, Himachal Pradesh | Civil miscellaneous application | Filed against the company | Disposed |
| District court, Una, Himachal Pradesh | Court case (M.A.C.T) | Filed against the company | Disposed |
To see the full case history of Nipso Polyfabrics 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
No delayed payments to MSME suppliers are on our record for Nipso Polyfabrics Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nipso Polyfabrics has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACN5380R2Z4 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nipso Polyfabrics Ltd, buy the company report.
Recent activity
Nipso Polyfabrics Ltd has 3 board changes on record since 1984: 3 appointments. The latest: Karmtej Singh Kang was appointed as Director on 30 Sep 2008.
22 earlier events are in the company report.
Frequently asked questions
Nipso Polyfabrics is an active public limited company based in Himachal Pardesh, Himachal Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 August 1984 (42+ years old) and is registered under CIN U17114HP1984PLC005911.
Nipso Polyfabrics has 3 current directors:
- Narinder Singh Josan - Director
- Navdeep Pal Singh - Director
- Karmtej Singh Kang - Director
The latest financial statements of Nipso Polyfabrics 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 GSTIN of Nipso Polyfabrics is 02AAACN5380R2Z4, registered in Himachal Pradesh. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nipso Polyfabrics is U17114HP1984PLC005911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nipso Polyfabrics has 9 court cases on record: 5 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.
Nipso Polyfabrics was incorporated on 09 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Nipso Polyfabrics by revenue are Integrated Weaving India Private Limited, Ihf Clothing Private Limited, Khalsa Cotspin Private Limited, Roopfab Industries Private Limited, Aamir Zariwala Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Karmtej Singh Kang was appointed as Director on 30 Sep 2008. Navdeep Pal Singh was appointed as Director on 09 Feb 2004. Narinder Singh Josan was appointed as Director on 09 Aug 1984.
The registered office of Nipso Polyfabrics is at 31 Industrial Areamehtpur Solan, Himachal Pardesh, Himachal Pradesh, India.
Nipso Polyfabrics operates in the manufacturing industry, in the textile and fabric production segment.