MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0004463
Quality Exim Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹260.69 Cr
▲ 16% YoY
Net profit · FY 2025
₹3.74 Cr
Net margin 1.4%
EBITDA · FY 2025
₹16.07 Cr
EBITDA margin 6.2%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹6.42 Cr
Issued & subscribed
Open charges
₹52.93 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
17
Provident fund records
About Quality Exim Private Limited
Data last updated:
Quality Exim Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 August 1994 and has been in existence for over 32 years.
Its director Brijmohan Chiripal and family are #1,055 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ1994PTC022718. Its GSTIN is 24AAACQ0294K1ZF (Gujarat).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.42 Cr. It is led by directors including Jigneshkumar Natverlal Rana and Brijmohan Devkinandan Chiripal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 1, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹260.69 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.74 Cr (net margin 1.4%) and EBITDA of ₹16.07 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 20% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.93 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹21.7 Cr; the latest was in March 2019. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 5 smaller; the largest is Panorama Exports Pvt Ltd with revenue of ₹265.77 Cr.
Quality Exim Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0004463). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chiripalgroup.com.
Company details
CIN U51100GJ1994PTC022718
Registration Number 022718
Incorporation Date 09 August 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0004463
Key People
Jigneshkumar Natverlal Rana Director Brijmohan Devkinandan Chiripal Director Ravindrakumar Bajranglal Bajaj Director Recognitions & Rankings of Quality Exim
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,055 Brijmohan Chiripal & family ₹2,500 Cr
Contact details
Quality Exim Private Limited's registered office is in Ahmedabad, Gujarat. Its website is chiripalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSub Plot 5 Sector 1 Unit 11 New Block 456 Dholi Integrated Spinning Park Ltd. Dholka Ah, Emdabad, Ahmedabad, Gujarat, India – 382240
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Quality Exim Private Limited, buy the company report.
Comprehensive company report
Quality Exim 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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Business activity
The main business activity of Quality Exim 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 Quality Exim Private Limited, buy the company report.
Financials of Quality Exim Private Limited
FY 2025 filings availableQuality Exim Private Limited reported revenue of ₹260.69 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹260.69 Cr ▲ 16%
Net profit · FY 2025
₹3.74 Cr margin 1.4%
EBITDA · FY 2025
₹16.07 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 5%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 7%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 16% growth in the latest year. EBITDA fell 19% 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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| Total Expenses | |||||
| EBITDA | ₹16.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.74 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 6.2% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Quality Exim Private Limited, buy the company report.
Board of directors of Quality Exim Private Limited
Quality Exim has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigneshkumar Natverlal Rana Also directs: Devkinandan Corporation LLP, Nandan Industries Private Limited | Director | 11 Nov 2022 | 3 Years 11 Months | Current |
| Brijmohan Devkinandan Chiripal Also directs: Nandan Corporation LLP, Devkinandan Corporation LLP, Vishal Fabrics Limited and 5 more | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Ravindrakumar Bajranglal Bajaj Also directs: Devkinandan Corporation LLP, Vishal Fabrics Limited, Dholi Spintex Private Limited and 3 more | Director | 24 Jun 2019 | 7 Years 3 Months | Current |
Peer comparison
Quality Exim Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Panorama Exports Pvt Ltd | ₹265.77 Cr (FY 2025) | 74.0% | New Delhi, Delhi, India | |||
| Cubatics Industries Private Limited | ₹264.67 Cr (FY 2023) | 21.0% | Mumbai, Maharashtra, India | |||
| Arvind Cotsyn India Ltd | ₹263.56 Cr (FY 2025) | -8.0% | Ichalkaranji, Maharashtra, India | |||
| SRV Polytex Private Limited | ₹261.93 Cr (FY 2025) | 156.0% | Mumbai, Maharashtra, India | |||
| Quality Exim Private Limitedthis company | ₹260.69 Cr (FY 2025) | ₹3.74 Cr | 1.4% | 16.0% | 17 | Ahmedabad, Gujarat, India |
| Cotton Blossom India Private Limited | ₹260.68 Cr (FY 2025) | 13.0% | Tirupur, Tamil Nadu, India | |||
| Blueline Apparels Private Limited | ₹260.57 Cr (FY 2025) | 46.0% | Theni, Tamil Nadu, India | |||
| Aayush Spintex Private Limited | ₹259.98 Cr (FY 2025) | 44.0% | Indore, Madhya Pradesh, India | |||
| Menaka Mills Private Limited | ₹259.92 Cr (FY 2025) | 46.0% | Theni, Tamil Nadu, India | |||
| Kallam Textiles Limited | ₹258.1 Cr (FY 2025) | -30.0% | Guntur, Andhra Pradesh, India |
To see the full peer comparison of Quality Exim Private Limited, buy the company report.
Auditor
Quality Exim Private Limited is audited by A.O.Agrawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.O.Agrawal & Co. | FY 2023 | 119827W |
Shareholding
The shareholding of Quality Exim Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Quality Exim Private Limited, buy the company report.
Charges & borrowings
Open charges
₹52.93 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2017 | 100129985 | State Bank of India | ₹52.93 Cr | Open |
To see the full charge records of Quality Exim Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Quality Exim Private Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹21.7 Cr; the latest was in March 2019.
Total deals
11
Secondary share transfers
7
Funding rounds
4
Disclosed funding
₹21.7 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Nandan Corporation LLP , Chiripal Exim LLP , Devkinandan Corporation LLP Seller: Chiripal Industries Limited , Vishal Fabrics Limited , Drakensburg Investments Limited |
| Oct 2017 | Funding round | ₹17.4 Cr | Investors: Vishal Fabrics Limited , Chiripal Industries Limited , Drakensburg Investments Limited |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: Harianand Trading LLP Seller: Tripoli Management Pvt Ltd |
| Aug 2016 | Funding round | ₹5 Lakh | Investors: Vijay Subham Contrade Pvt Ltd , Vrindavan Furnishing Private Limited |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Tripoli Management Pvt Ltd , Vijay Subham Contrade Pvt Ltd , Vrindavan Furnishing Private Limited Seller: Chiripal Textile Mills Private Limited , Anjani Vinimay Private Limited , Rushp Trading LLP |
To see the full deal history of Quality Exim Private 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
Quality Exim Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (INS P) | Filed against the company by an individual | Pending |
To see the full case history of Quality Exim 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.
Credit ratings & regulatory alerts
Quality Exim Private Limited was last rated by Icra on 31 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Mar 2022 |
To see the full credit ratings and regulatory alerts of Quality Exim Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Quality Exim Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quality Exim Private Limited has a workforce of 17 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-5.56%
GST
Quality Exim has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ0294K1ZF | Gujarat | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Quality Exim Private Limited, buy the company report.
Recent activity
Quality Exim Private Limited has 15 board changes on record since 2006: 9 appointments and 6 cessations. The latest: Jigneshkumar Natverlal Rana was appointed as Director on 11 Nov 2022.
AGM
Quality Exim Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Quality Exim Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 52.93 Cr registered on 29 Sep 2017 with Charge ID 100129985 was modified on 29 Feb 2024.
Appointed
Jigneshkumar Natverlal Rana was appointed as Director.
Ceased
Subheesh Nath ceased to be Director.
Appointed
Subheesh Nath was appointed as Director.
Ceased
Hari Anand Agarwal ceased to be Director.
Ceased
Monil Chiripal ceased to be Director.
Appointed
Ravindrakumar Bajranglal Bajaj was appointed as Director.
Appointed
Brijmohan Devkinandan Chiripal was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 52.93 Cr with Charge ID 100129985 was registered on 29 Sep 2017.
Ceased
Narendrasinh Sahebsingh Gulabsinghani ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Quality Exim is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 August 1994 (32+ years old) and is registered under CIN U51100GJ1994PTC022718.
Quality Exim has 3 current directors:
- Jigneshkumar Natverlal Rana - Director
- Brijmohan Devkinandan Chiripal - Director
- Ravindrakumar Bajranglal Bajaj - Director
The latest financial statements of Quality Exim on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Quality Exim is 24AAACQ0294K1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Quality Exim is U51100GJ1994PTC022718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quality Exim has 1 court case on record: 1 filed against it. 1 is pending.
Quality Exim was incorporated on 09 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Quality Exim has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹21.7 Cr; the latest was in March 2019.
The peers of Quality Exim by revenue are Panorama Exports Pvt Ltd, Cubatics Industries Private Limited, Arvind Cotsyn India Ltd, SRV Polytex Private Limited, Cotton Blossom India Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jigneshkumar Natverlal Rana was appointed as Director on 11 Nov 2022. Subheesh Nath ceased to be Director on 11 Oct 2022. Subheesh Nath was appointed as Director on 11 Mar 2022. Quality Exim has 15 board changes on record in total.
Yes, Quality Exim is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0004463).