Sip Projects Private Limited
About Sip Projects Private Limited
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Sip Projects Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the civil engineering and infrastructure segment of the construction sector. It was incorporated on 29 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45202GJ2021PTC123680. Its GSTIN is 24ABGCS3239P1ZW (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ravindra Dinesh Mungra and Girish Pravinbhai Mungara.
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 1 Palak Satelite Owners Asso Opp Surya Prakash Soc Opp L J College Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.67 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹11,357 (net margin 4.3%) and EBITDA of ₹17,087 (EBITDA margin 6.4%).
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- Registered Address1 Palak Satelite Owners Asso Opp Surya Prakash Soc Opp L J College Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryConstruction, Civil Engineering, Alteration, Construction, Complete Constructions, Repair & Maintenance
- 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
- One PDF report, delivered after checkout
Business Activity of Sip Projects Private Limited
The main business activity of Sip Projects is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sip Projects Private Limited FY 2025 filings available
Sip Projects Private Limited reported revenue of ₹2.67 Lakh (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sip Projects Private Limited
Revenue fell 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Sip Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹17,087 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11,357 | •••• | •••• |
| 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 of Sip Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.4% | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sip Projects are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sip Projects Private Limited
Sip Projects Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kavi Engineers and Consultants Private Limited | ₹2.69 Lakh (FY 2025) | •••• | •••• | 82.0% | •••• | Chennai, Tamil Nadu, India |
| Prompt Shelters Private Limited | ₹2.69 Lakh (FY 2025) | •••• | •••• | •••• | Vasai, Maharashtra, India | |
| Paliganj Constructions Private Limited | ₹2.68 Lakh (FY 2025) | •••• | •••• | •••• | Patna, Bihar, India | |
| Mannil Property & Development Corporation Limited | ₹2.67 Lakh (FY 2018) | •••• | •••• | -30.0% | •••• | Delhi, India |
| Luit Infratech Private Limited | ₹2.67 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Sip Projects Private Limited this company | ₹2.67 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Ahmedabad, Gujarat, India |
| Stecon Engineering Private Limited | ₹2.67 Lakh (FY 2018) | •••• | •••• | 6869.0% | •••• | Old Faridabad, Haryana, India |
| A.G.M. Construction & Builders Private Limited | ₹2.67 Lakh (FY 2018) | •••• | •••• | 234.0% | •••• | Munger, Bihar, India |
| Surya Explosives Private Limited | ₹2.67 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Aaryaradha Infra Private Limited | ₹2.66 Lakh (FY 2023) | •••• | •••• | -98.0% | •••• | Bangalore, Karnataka, India |
| Muktha Foundations Private Limited | ₹2.65 Lakh (FY 2025) | •••• | •••• | -100.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Sip Projects by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Sip Projects Private Limited
Sip Projects has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Dinesh Mungra | Director | 01 Dec 2025 | 0 Years 10 Months | Current |
| Girish Pravinbhai Mungara | Director | 29 Jun 2021 | 5 Years 3 Months | Current |
| Dixit Kantibhai Mungra | Director | 29 Jun 2021 | 5 Years 3 Months | Current |
| Ravindrakumar Maganbhai Mungra | Director | 29 Jun 2021 | 5 Years 3 Months | Current |
| Hiten Pravinbhai Mungara | Director | 29 Jun 2021 | 5 Years 3 Months | Current |
Ownership and Shareholding of Sip Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sip Projects Private Limited
Sip Projects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sip Projects Private Limited
Sip Projects Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sip Projects Private Limited
Sip Projects Private Limited has 6 board changes on record since 2021: 5 appointments and 1 cessation. The latest: Ravindra Dinesh Mungra was appointed as Director on 01 Dec 2025.
Credit Ratings, Litigation & Regulatory Alerts for Sip Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sip Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sip Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sip Projects Private Limited
Sip Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABGCS3239P1ZW | Gujarat | Active | 06 Jul 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sip Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sip Projects Private Limited
Sip Projects is an active private limited company based in Ahmedabad, Gujarat, India. The company works in civil engineering, within the construction industry. It was incorporated on 29 June 2021 (5+ years old) and is registered under CIN U45202GJ2021PTC123680.
Sip Projects reported revenue of ₹2.67 Lakh for FY 2024 (down 89% YoY).
Sip Projects has 5 current directors:
- Ravindra Dinesh Mungra - Director
- Girish Pravinbhai Mungara - Director
- Dixit Kantibhai Mungra - Director
- Ravindrakumar Maganbhai Mungra - Director
- Hiten Pravinbhai Mungara - Director
Sip Projects reported a net profit of ₹11,357 (net margin 4.3%) and EBITDA of ₹17,087 (EBITDA margin 6.4%) for FY 2024, as per its filed financial statements.
The GSTIN of Sip Projects is 24ABGCS3239P1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Sip Projects is U45202GJ2021PTC123680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sip Projects was incorporated on 29 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sip Projects by revenue are Kavi Engineers and Consultants Private Limited, Prompt Shelters Private Limited, Paliganj Constructions Private Limited, Mannil Property & Development Corporation Limited, Luit Infratech Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Ravindra Dinesh Mungra was appointed as Director on 01 Dec 2025. Ravindra Dinesh Mungra ceased to be Director on 10 Nov 2025. Dixit Kantibhai Mungra was appointed as Director on 29 Jun 2021. Sip Projects has 6 board changes on record in total.
The registered office of Sip Projects is at 1 Palak Satelite Owners Asso Opp Surya Prakash Soc Opp L J College Vastrapur, Ahmedabad, Gujarat, India – 380015.
Sip Projects has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.