About Pipan Oils Limited
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Pipan Oils Limited is a public limited company based in New Delhi, Delhi, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 20 March 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L06100DL1974PLC241646. Its GSTIN is 07AABCR0598Q1ZQ (Delhi). The company holds 4 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (538537) has been suspended since 24 Dec 2015 · surveillance measure, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹6.05 Cr and a paid-up capital of ₹3.51 Cr. It was formerly known as Ravi Aircools Limited. It is led by directors including Avnish Jindal (Whole-Time Director) and Piyush Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 2E 2nd Floor M6 Uppal Plaza, Jasola Vihar, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.28 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹19.26 Lakh (net margin -156.8%) and EBITDA of -₹7.65 Lakh (EBITDA margin -62.3%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years.
The company is associated with 1 brand: Omansh Enterprises. Court records list 14 cases involving the company, including 13 filed by the company and 1 filed against it; 3 cases are pending. The company has 74 deals on record (74 market trades); the latest was in May 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website omanshenterprises.com.
Company details
Name history
Pipan Oils has undergone 2 name changes throughout its history. The company was previously known as Ravi Aircools Limited, and Pipan Oils Limited. The current legal name is Pipan Oils Limited.
| Company Name | Status |
|---|---|
| Pipan Oils Limited | Current |
| Ravi Aircools Limited | Previous |
CIN history
Pipan Oils has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L06100DL1974PLC241646, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L06100DL1974PLC241646 | Current |
| L21011DL1974PLC241646 | Previous |
| L21011UP1974PLC003873 | Previous |
| U21011UP1974PLC003873 | Previous |
| L01100DL1974PLC241646 | Previous |
Contact details
Pipan Oils Limited's registered office is in New Delhi, Delhi.
- Registered Address2E 2nd Floor M6 Uppal Plaza, Jasola Vihar, New Delhi, Delhi, India – 110025
- IndustryConsumer Goods, Accessories Retail & Distribution
- 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
Brands
Pipan Oils operates one associated brand: Omansh Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplier & distributor of clothes and fabrics | omanshenterprises.com |
Business activity
The main business activity of Pipan Oils is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Pipan Oils Limited, buy the company report.
Financials of Pipan Oils Limited
FY 2021 filings availablePipan Oils Limited reported revenue of ₹12.28 Lakh (up 1104% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over three years. EBITDA rose 75% 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 | -₹7.65 Lakh | ||||
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| Net Profit (PAT) | -₹19.26 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 | -62.3% | ||||
| Net Profit Margin | -156.8% | ||||
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To see the full financial statements and ratios of Pipan Oils Limited, buy the company report.
Board of directors of Pipan Oils Limited
Pipan Oils has 8 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Gupta Also directs: Bhagwatji Energy Solutions Private Limited, Som Datt Breweries Ltd., Mother India Welfare Organisation and 3 more | Director | 22 Aug 2025 | 1 Years 2 Months | Current |
| Parvesh Gupta | Director | 22 Aug 2025 | 1 Years 2 Months | Current |
| Jyoti Gupta | Director | 22 Aug 2025 | 1 Years 2 Months | Current |
| Purshottam Kumar Gupta Also directs: Agrasen Oilfield Services Private Limited, Agrasen Techno Private Limited, Bhagwatji Energy Solutions Private Limited and 5 more | Director | 22 Aug 2025 | 1 Years 2 Months | Current |
| Sudesh Gupta Also directs: SPR Buildtech Limited | Director | 22 Aug 2025 | 1 Years 2 Months | Current |
| Avnish Jindal Also directs: Agrasen Oilfield Services Private Limited, Agrasen Techno Private Limited, Agrasen Petro Private Limited and 3 more | Whole-Time Director | 22 Aug 2025 | 1 Years 2 Months | Current |
Deals & funding
Pipan Oils Limited has 74 deals on record (74 market trades); the latest was in May 2024.
Deals on record (5 of 74)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Market trade | ₹17.3 Lakh | Buyer: an individual Seller: Alpha Leon Enterprises LLP |
| Feb 2022 | Market trade | ₹4.3 Lakh | Seller: Alpha Leon Enterprises LLP |
| Feb 2022 | Market trade | ₹51.9 Lakh | Buyer: Alpha Leon Enterprises LLP , 2 individuals Seller: an individual |
| Jan 2022 | Market trade | ₹73 Lakh | Buyer: 4 individuals Seller: SN Capital Management Private Limited , 2 individuals |
| Jan 2022 | Market trade | ₹10.4 Lakh | Seller: Epoch Mercantiles Pvt Ltd , Kumar Exports |
To see the full deal history of Pipan Oils Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pipan Oils Limited has 14 court cases on record: 13 filed by Pipan Oils, 1 filed against it. 3 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
| High courts | 4 | 0 | 1 |
| NCLAT | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Revision petition | Filed by the company against Kayem Food Industries Private Limitedthrough Its Director and 4 others | Disposed |
| District court, South, Delhi | Criminal case | Filed by the company against Kayem Food Industries Pvt. Ltd. | Disposed |
| NCLAT, Registrar Court | Tribunal matter | Filed by the company against Kayem Food Industries Private Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Kayem Food Industries Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed by the company against Kayem Food Industries Private Limited | Disposed |
To see the full case history of Pipan Oils 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 Pipan Oils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pipan Oils has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCR0598Q1ZQ | Delhi | Active | 18 Oct 2021 |
To see the full GST registrations and return filing status of Pipan Oils Limited, buy the company report.
Recent activity
Pipan Oils Limited has 43 board changes on record since 2008: 8 appointments and 35 cessations. The latest: Avnish Jindal was appointed as Whole-Time Director on 22 Aug 2025.
34 earlier events are in the company report.
Frequently asked questions
Pipan Oils is an active public limited company based in New Delhi, Delhi, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 20 March 1974 (52+ years old) and is registered under CIN L06100DL1974PLC241646.
Pipan Oils has 8 current directors:
- Avnish Jindal - Whole-Time Director
- Piyush Gupta - Director
- Parvesh Gupta - Director
- Jyoti Gupta - Director
- Purshottam Kumar Gupta - Director
- Sudesh Gupta - Director
- Krishan Kumar Jalan - Director
- Nilesh Jindal - Director
The latest financial statements of Pipan Oils on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pipan Oils is 07AABCR0598Q1ZQ, registered in Delhi. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Pipan Oils is L06100DL1974PLC241646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pipan Oils is recorded as a listed company by MCA, but trading in its shares on BSE (538537) has been suspended since 24 Dec 2015 · surveillance measure, so they do not currently trade on a stock exchange.
Pipan Oils has 14 court cases on record: 13 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Pipan Oils was incorporated on 20 March 1974, making it 52+ years old. It is registered with the Registrar of Companies, Delhi.
Pipan Oils has 74 deals on record (74 market trades); the latest was in May 2024.
Avnish Jindal was appointed as Whole-Time Director on 22 Aug 2025. Jignesh Keshav Barot ceased to be Additional Director on 22 Aug 2025. Jubin Premji Gada ceased to be Additional Director on 22 Aug 2025. Pipan Oils has 43 board changes on record in total.
Sample company reports
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